Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, April 7, 2014

PennEnergy's Oil & Gas Headlines 4/7

Today's Headlines
• EU, US vow to help wean Ukraine off Russian oil and gas Facebook Linkedin Twitter Forward to Friend
• Shale gas: The demand side of the equation Facebook Linkedin Twitter Forward to Friend
• Norway's oil fund could dump shares in oil, coal Facebook Linkedin Twitter Forward to Friend
• Siemens to supply control tools for South Stream offshore section Facebook Linkedin Twitter Forward to Friend
• Energy and Non-Energy Commodity Price Movements Facebook Linkedin Twitter Forward to Friend
• First oil exploration well in possible 50 well prospect spud Facebook Linkedin Twitter Forward to Friend
• Odfjell Drilling becomes major shareholder in Robotic Drilling Systems Facebook Linkedin Twitter Forward to Friend
• Oil prices rise ahead of US jobs report Facebook Linkedin Twitter Forward to Friend
• Statoil farms down Angolan offshore development Facebook Linkedin Twitter Forward to Friend
• Millennium Pipeline announces compressor station on-line Facebook Linkedin Twitter Forward to Friend


Today's Headlines
EU, US vow to help wean Ukraine off Russian oil and gas
In the wake of Russia's annexation of the Crimean Peninsula, Europe's dependency on Russian energy became a political liability as it undermined its ability to stand up to Moscow.
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Shale gas: The demand side of the equation
ZE Datawatch examines aspects that can impact the demand side of U.S. natural gas expansion and ultimately add uncertainty to natural gas price projections.
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Norway's oil fund could dump shares in oil, coal
Norway is considering excluding foreign oil and coal companies from its $860 billion sovereign wealth fund.
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Energy and Non-Energy Commodity Price Movements
The prices of energy commodities and non-energy commodities may not be as closely linked as has been previously assumed.
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First oil exploration well in possible 50 well prospect spud
Management anticipates the well will reach total depth in about 19 days.
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Odfjell Drilling becomes major shareholder in Robotic Drilling Systems
RDS has developed its robotic drill-floor system ready for a full-scale test in 2015.
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Oil prices rise ahead of US jobs report
Oil prices climbed Friday ahead of a monthly U.S. jobs report expected to show a pickup in hiring.
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Statoil farms down Angolan offshore development
Statoil has signed an agreement to farm down a 15% interest to WRG Angola Block 39 Limited in the Statoil-operated block 39 offshore Angola.
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Millennium Pipeline announces compressor station on-line
The Hancock Compressor Station went into service on March 31, 2014 and is now available to help move natural gas across the Northeast Region.
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