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<title>Oil and Gas News latest RSS headlines - Houston Mirror.com</title>
<description>Provides the latest RSS feeds for Oil and Gas News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page</description>
<copyright>Houston Mirror.com</copyright>
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<pubDate>Wed, 19 Jun 2013 23:45:54 -0400</pubDate>
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<title>Russia loses $25b due to shell firms</title>
<description>The network of the fly-by-night companies has illegally funneled 760 billion rubles (about $25 billion) from Russian economy in the past three years, the outgoing chief of the Central Bank said Wednesday.&amp;quot;This May, we received an official inquiry from the Interior Ministry about some organizations that were used for the illegal financial transactions by suspects in one of criminal ... </description>
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<pubDate>Wed, 19 Jun 2013 22:26:19 -0400</pubDate>
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<title>US Oil Steady Below $99</title>
<description>U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. Federal Reserve to shed some light on whether it plans to taper its $85 billion stimulus program. The Fed&amp;#039;s three quantitative easing schemes have been key in boosting prices of oil and other commodities. ... </description>
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<pubDate>Wed, 19 Jun 2013 22:23:37 -0400</pubDate>
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<title>Archer opens offices repair centre in Dubai Doha</title>
<description>Global oilfield service company Archer has announced the opening of a support office in Dubai, a downhole tool repair centre in Jebel Ali, and a country office in Doha, Qatar. The Dubai office will act as a central hub for carrying out work with existing and potential customers across the eastern hemisphere, more specifically in Africa, the Middle East, and Southeast Asia, Archer ... </description>
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<pubDate>Wed, 19 Jun 2013 20:11:15 -0400</pubDate>
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<title>Iraq to boost output by 45 by 2014-end</title>
<description>Thamir Ghadhban, energy adviser to Iraq&amp;#039;s prime minister has said the government aims to boost oil production by nearly 45% by the end of 2014, and that Baghdad had lost confidence in Kurdistan after the region stopped exporting oil through the federal pipeline system, Reuters has reported. Baghdad&amp;#039;s ambitious 4.5 million barrels per day (b/d) target relies on new oil pumped from ... </description>
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<pubDate>Wed, 19 Jun 2013 20:11:14 -0400</pubDate>
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<title>Egypt reshuffles management of energy firms</title>
<description>Egypt has reshuffled several officials at the top of state-owned companies in the energy sector, in a bid to tackle the deepening fuel crisis that is gripping the country, Dow Jones has reported. The move is aimed at &amp;quot;improving the performance of the petroleum sector, and giving it a push to cope with the demands of the current situation [in the country],&amp;quot; said the oil ministry. Among ... </description>
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<pubDate>Wed, 19 Jun 2013 20:11:14 -0400</pubDate>
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<title>Iran cancels local drilling rigs deal to buy from China</title>
<description>The North Drilling Company of Iran has cancelled contracts with local manufacturers and signed a contract with Chinese manufacturers to build 14 onshore and offshore drilling rigs, Mehr news has reported. Chinese financiers will secure 80% of the required fund for manufacturing the rigs, said NDC managing director Hedayatollah Khademi. The rigs are expected to be delivered within the next two ... </description>
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<pubDate>Wed, 19 Jun 2013 20:11:14 -0400</pubDate>
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<title>Enerplus Announces Investor Day Webcast Details</title>
<description>June 19, 2013 /CNW/ - Enerplus Corporation (&amp;quot;Enerplus&amp;quot;) (TSX:  ERF) (NYSE: ERF) is pleased to announce the webcast details for the  Enerplus Investor Day to be held ... </description>
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<pubDate>Wed, 19 Jun 2013 20:07:59 -0400</pubDate>
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<title>Raimount announces normal course issuer bid</title>
<description>June 19, 2013 /CNW/ - Raimount Energy Inc. (&amp;quot;Raimount&amp;quot; or the  &amp;quot;Corporation&amp;quot;), TSXV: RMT announces that, the TSX Venture Exchange  (&amp;quot;TSXV&amp;quot;) has approved, the Corporation&amp;#039;s intention to purchase certain  of its Common Shares by way of a normal course issuer bid (the &amp;quot;NCIB&amp;quot;)  through the facilities of the TSXV. Raimount may purchase up to a  maximum of ... </description>
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<pubDate>Wed, 19 Jun 2013 20:07:59 -0400</pubDate>
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<title>High Arctic Declares Monthly Dividend</title>
<description>June 19, 2013 /CNW/ - High Arctic Energy Services Inc.  (TSX: HWO) (&amp;quot;High Arctic&amp;quot; or the &amp;quot;Corporation&amp;quot;) is pleased to announce  that its Board of Directors has approved a monthly dividend payment of  $0.0125 per share to holders of common shares. The dividend is payable  ... </description>
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<pubDate>Wed, 19 Jun 2013 17:57:14 -0400</pubDate>
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<title>Congo halts oil exploration in Virunga Park</title>
<description>The government of Congo Kinshasa (DRC) has suspended the highly controversial oil exploration programme in the unique Virunga National Park, a World Heritage ... </description>
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<pubDate>Wed, 19 Jun 2013 17:34:53 -0400</pubDate>
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<title>New US Climate Strategy Brewing</title>
<description>Barack Obama will target carbon emissions from power plants as part of a second-term climate change agenda expected to be rolled out in the next few weeks, his top energy and climate advisor said on Wednesday. Obama will take several steps to make tackling climate change a &amp;quot;second-term priority&amp;quot; that builds on first-term policies, Heather Zichal, deputy assistant to the president for ... </description>
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<pubDate>Wed, 19 Jun 2013 16:53:06 -0400</pubDate>
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<title>Pason to Release Second Quarter 2013 Results on August 1 2013</title>
<description>.      Pason will be conducting a conference call for interested analysts,  brokers, investors and media representatives to review its second  quarter results ... </description>
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<pubDate>Wed, 19 Jun 2013 16:47:38 -0400</pubDate>
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<title>Trinidad Drilling Ltd. announces the sale of its coring and pre-set rigs</title>
<description>Trinidad Drilling Ltd. (&amp;quot;Trinidad&amp;quot; or  &amp;quot;the Company&amp;quot;) is pleased to announce that it has entered in to an  agreement to sell its coring and pre-set rigs to Alken Basin Drilling  Ltd. (Alken) ... </description>
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<pubDate>Wed, 19 Jun 2013 16:47:37 -0400</pubDate>
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<title>Indie Memphis rock movies return to Levitt Shell Big Star film to premiere</title>
<description>June 19--Search our databases Unseen for almost 20 years, a filmed record of Big Star&amp;#039;s historic 1994 homecoming reunion show at the New Daisy on Beale Street has been edited into a feature that will have its premiere this summer as part of the third annual Indie Memphis &amp;quot;Concert Film Series&amp;quot; at the Levitt Shell. &amp;quot;Big Star: Live in Memphis&amp;quot; is the working title of the ... </description>
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<pubDate>Wed, 19 Jun 2013 15:47:59 -0400</pubDate>
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<title>Shell pulls out of African downstream market</title>
<description>The major oil company Shell has sold its downstream businesses in 14 African countries for around US$ 1 billion. Shell products however still would be sold to ... </description>
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<pubDate>Wed, 19 Jun 2013 15:15:18 -0400</pubDate>
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<title>Norway opens more Arctic waters to oil exploration</title>
<description>OSLO, June 19 |           Wed Jun 19, 2013 3:05pm EDT
OSLO, June 19 (Reuters) - Norway&amp;#39;s parliament voted on Wednesday to open an offshore Arctic zone bordering Russia to oil and gas exploration, paving the way for the area to be included in the next licensing round.
The area in the eastern Barents Sea, as big as Switzerland, is estimated to hold about 1.9 billion barrels of oil equivalent, ... </description>
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<pubDate>Wed, 19 Jun 2013 15:05:47 -0400</pubDate>
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<title>Veresen Announces Common Share Dividend for June 2013</title>
<description>. This  dividend is designated an &amp;quot;eligible dividend&amp;quot; for Canadian income tax  purposes.     The dividend is eligible to be reinvested by shareholders, at a 5%  discount, in common shares of Veresen under the dividend reinvestment  component of the Premium Dividend(TM) and Dividend Reinvestment Plan of  Veresen Inc. (&amp;quot;Plan&amp;quot;) to be held for their account under the Plan. No  ... </description>
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<pubDate>Wed, 19 Jun 2013 13:23:33 -0400</pubDate>
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<title>Shell to resume Niger delta oil spill compensation talks</title>
<description>Oil company Shell will resume talks next week in London with lawyers representing 15,000 of the poorest people in the world who are claiming millions of pounds&amp;#039; compensation ... </description>
<link>http://www.houstonmirror.com/index.php/sid/215301481/scat/bef2bf598e76a3e6</link>
<pubDate>Wed, 19 Jun 2013 13:12:35 -0400</pubDate>
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<title>CNPC Starts Building First Shale-Gas Pipeline in Sichuan</title>
<description>BEIJING - China National Petroleum Corp., the country&amp;#039;s largest natural gas producer, has started building its first pipeline dedicated to shale-gas distribution in southwest Sichuan province, it said Wednesday.  China&amp;#039;s progress in developing shale gas has been slow due to the high cost of exploration and lack of infrastructure in areas that may hold large shale-gas reserves.  ... </description>
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<pubDate>Wed, 19 Jun 2013 11:14:56 -0400</pubDate>
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<title>Video B-Roll Available Via CNW - Conservation Has Its Own Rewards</title>
<description>June 19, 2013 /CNW/ - Hot summer days are just around the  corner and with the potential for air conditioners working overtime,  Ontarians are starting to think about ways to stay cool while saving  energy, money and the environment.      The saveONenergy AND BE REWARDED campaign, launched by the Ontario Power Authority ... </description>
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<pubDate>Wed, 19 Jun 2013 10:59:32 -0400</pubDate>
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<title>CNPC building Chinas first shale gas pipeline</title>
<description>China National Petroleum Corp. (CNPC), the country&amp;#039;s largest oil and gas producer and supplier, said it has started building the country&amp;#039;s first dedicated shale gas pipeline in Southwest China&amp;#039;s Sichuan Province.The 92.8-km pipeline will link gas wells in the Changning block to an existing gas line that leads to neighboring Yunnan Province, according to a report posted on the ... </description>
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<pubDate>Wed, 19 Jun 2013 09:57:50 -0400</pubDate>
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<title>Russian bank chief Transfer scams funneled $25B</title>
<description>Shell companies are responsible for illegally funneling $25 billion away from Russia, outgoing Central Bank chief Sergei Ignatyev said Wednesday.  &amp;quot;In May this year, the Central Bank received an official inquiry from the Interior Ministry about some organizations that were used in illegal financial transactions by suspects in one of several criminal probes,&amp;quot; Ignatyev said in a report to ... </description>
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<pubDate>Wed, 19 Jun 2013 09:30:12 -0400</pubDate>
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<title>Landmark securities fraud settlement reached against Shell</title>
<description>The largest securities fraud settlement ever has been reached  in Europe, with a Dutch appeals court ordering Royal Dutch Shell plc to  begin the payment of $381million, plus interest, to a foundation representing  a group of institutional investors from 17 European countries.    Investors from Canada and Australia were also represented, and in total  more than 150 institutional investors were ... </description>
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<pubDate>Wed, 19 Jun 2013 09:29:10 -0400</pubDate>
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<title>Imperial Oil to Convert Dartmouth Refinery to Terminal</title>
<description>Refinery marketing effort did not attract a buyer    Conversion will begin in 2013    Care will be taken to meet the needs of customers and employees    DARTMOUTH, ... </description>
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<pubDate>Wed, 19 Jun 2013 08:38:49 -0400</pubDate>
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<title>Dualex announces operational update on BHN-1 well</title>
<description>June 19, 2013 /CNW/ - DualEx Energy International Inc.  (&amp;quot;DualEx&amp;quot; or the &amp;quot;Company&amp;quot;) (TSX-V: DXE), today announced that it has  set 13 3/8 inch surface casing to a depth of 807 metres at the  Company&amp;#039;s BHN-1 exploration well on the Bouhajla Permit ... </description>
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<pubDate>Wed, 19 Jun 2013 08:38:49 -0400</pubDate>
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<title>Shell Oil Presses Supreme Court to Deprive Torture Victims of Justice</title>
<description>Bashe Yousuf, a torture victim from Somalia, was among plaintiffs who won a $21 million lawsuit against his Somali torturer in Federal Court. WASHINGTON-Will victims of distant genocides and crimes against humanity be allowed to continue using U. S. courts to seek justice against their persecutors, as well as the individuals and corporations that helped facilitate human rights violations across ... </description>
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<pubDate>Wed, 19 Jun 2013 08:15:04 -0400</pubDate>
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<title>UPDATE 1-Iraqi Kurds say new oil pipeline to Turkey to start soon</title>
<description>Wed Jun 19, 2013 7:53am EDT
* Pipeline capacity to increase to 1 mln bpd by 2015-Hawrami
* Sales via federal pipeline depend on permanent solution
* Natural gas exports to Turkey seen by 2016
By Julia Payne and Peg Mackey
LONDON, June 19 (Reuters) - Iraqi Kurdistan will start a new oil pipeline to Turkey within months, its energy minister said, increasing the autonomous region&amp;#39;s control over ... </description>
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<pubDate>Wed, 19 Jun 2013 07:53:39 -0400</pubDate>
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<title>ISS Changes Recommendation to InterOil Shareholders to Vote For Proposal to Adopt New By-Laws</title>
<description>June 19, 2013  /CNW/ - InterOil Corporation (NYSE:IOC) (POMSoX:IOC) announced today that, Institutional Shareholder Services (ISS), a leading independent proxy voting advisory service, has changed its previous recommendation and is advising its clients to support Management&amp;#039;s proposal to adopt new by-laws relating to advanced notice provisions.      This amendment to the by-law was filed on ... </description>
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<pubDate>Wed, 19 Jun 2013 07:33:58 -0400</pubDate>
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<title>Oil pipeline proposed for North Dakota</title>
<description>A pipeline company said it was examining shipper interest for a proposed pipeline to carry 250,000 barrels of oil per day from North Dakota.  Koch Pipeline Co., which has headquarters in Kansas, said it was in the early stages of examining interest for its proposed Dakota Express pipeline.  The pipeline would stretch from the Bakken oil deposit in North Dakota to Illinois and possibly connect to ... </description>
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<pubDate>Wed, 19 Jun 2013 07:13:47 -0400</pubDate>
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<title>Chevron begins shale gas exploration in Lithuania</title>
<description>local media report .  This will be the first well after Chevron has acquired a stake of the Lithuanian company LL Investicijos in October.  &amp;quot;The data of drilling will help to better analyse the local geological structures,&amp;quot; researchers say. Despite their claims to look only for oil, media in the country say that the local ... </description>
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<pubDate>Wed, 19 Jun 2013 06:39:56 -0400</pubDate>
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<title>Statoil makes another oil find offshore Newfoundland</title>
<description>Erik Finnstrom Senior Vice President, North America .      Finnstrom explains that Statoil&amp;#039;s exploration strategy to test high-impact oil prospects in the Flemish Pass Basin is on target and that the Harpoon results will contribute to a greater understanding of the area.      &amp;quot;We anticipate there will be further appraisal drilling to mature this discovery in the future,&amp;quot; states ... </description>
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<pubDate>Wed, 19 Jun 2013 06:27:58 -0400</pubDate>
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<title>EmberClear Announces Election of Directors and Management Changes</title>
<description>June 19, 2013 /CNW/ - EmberClear Corp. (TSXV: EMB) (&amp;quot;EmberClear&amp;quot; or the &amp;quot;Company&amp;quot;) is pleased to announce that at its annual meeting of shareholders  held ... </description>
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<pubDate>Wed, 19 Jun 2013 06:27:57 -0400</pubDate>
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<title>Kuwaits acting oil minister says prices fair</title>
<description>Kuwait&amp;#039;s acting oil minister said on Wednesday current oil prices were &amp;quot;fair&amp;quot; and that the Gulf Arab state was producing around 3 million barrels of crude per ... </description>
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<pubDate>Wed, 19 Jun 2013 06:13:32 -0400</pubDate>
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<title>Pakistan discovers new gas reserves</title>
<description>Islamabad, June 19/Nationalturk- In what could be termed as a good news for the country facing energy crisis, a huge reserves of natural gas have been discovered in Southern Pakistan.  &amp;quot;Huge reserves of natural gas have been discovered in Sindh province of Pakistan. 39 million cubic feet gas reserves have been discovered during the drilling of wells in Sanghar area in Sindh,&amp;quot; ... </description>
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<pubDate>Wed, 19 Jun 2013 05:35:08 -0400</pubDate>
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<title>2 killed 16 wounded in shell explosion in Egypts Assiut</title>
<description>Two people, including an army recruit, were killed and 16 others wounded Tuesday after a shell hit a military unit in the Upper Egyptian governorate of Assiut, the state-run Al-Ahram Online reported.A soldier and a civil servant were killed, Assiut Security Chief, Maj. Gen. Abul Qassim Abu Daif said.He added that the wounded have been sent to ... </description>
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<pubDate>Wed, 19 Jun 2013 05:30:28 -0400</pubDate>
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<title>Tap Oil commenced drilling the Starfish-1 oil exploration well</title>
<description>Three reasons to go Premium!  1. Unlock details of over 3,000 companies  2. Have access to 11,000 oil industry people profiles  3. Full address details of over 5000 ... </description>
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<pubDate>Wed, 19 Jun 2013 05:14:35 -0400</pubDate>
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<title>Nobody seriously injured in shell explosions at military depot in Samara region</title>
<description>MOSCOW, June 19 (Itar-Tass) - Nobody was gravely injured as a result of shell explosions at the Samara munitions testing range, Vice Governor of the Samara Region, Alexander Nefedov, said on Wednesday.  &amp;quot;Thirty-three people sought medical assistance. There are no serious injuries,&amp;quot; he said during a video link at a session of the working group of the government commission for emergency ... </description>
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<pubDate>Wed, 19 Jun 2013 04:28:05 -0400</pubDate>
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<title>Putin gives instructions to help injured in shell explosions consider material aid</title>
<description>MOSCOW, June 19 (Itar-Tass) - Russian President Vladimir Putin had a telephone conference on Monday, listening to reports by the Samara region governor, the emergencies minister, the defense minister and the healthcare minister on the situation around the city of Chapayevsk, where shells exploded at a testing range, Putin&amp;rsquo;s spokesman Dmitry Peskov has said.  According to him, &amp;quot;the ... </description>
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<pubDate>Wed, 19 Jun 2013 04:28:00 -0400</pubDate>
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<title>BOC loses bid to reverse dismissal of case vs Pilipinas Shell</title>
<description>division denied the motion for reconsideration filed by the government for failure to present new arguments that would warrant a reversal of their earlier decision.  &amp;quot;After carefully considering the grounds raised in the subject...The additional arguments proffered therein constitute no cogent or compelling reason to modify, much less reverse it,&amp;quot; the appeals court said.  The Bureau of ... </description>
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<pubDate>Wed, 19 Jun 2013 01:55:54 -0400</pubDate>
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<title>HSBC hired to manage Oman power JVs IPO</title>
<description>HSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1bn water and power project in Oman, two banking sources said on ... </description>
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<pubDate>Wed, 19 Jun 2013 01:09:56 -0400</pubDate>
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<title>SolarWorld seeks nod to make Qatar shareholder</title>
<description>SolarWorld still needs the backing of some bondholders for a wide-ranging debt restructuring that would make Qatar a major new shareholder in the ... </description>
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<pubDate>Wed, 19 Jun 2013 01:09:55 -0400</pubDate>
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<title>UAEs Masdar launches Seychelles wind farm</title>
<description>Masdar, Abu Dhabi&amp;#039;s renewable energy company, and the Abu Dhabi Fund for Development (ADFD) have launched a six-megawatt, eight-turbine wind farm in the Republic of ... </description>
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<pubDate>Wed, 19 Jun 2013 00:52:48 -0400</pubDate>
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<title>State regulator says oil industrys use of acids to unlock shale reserves is safe</title>
<description>SACRAMENTO -- The state&amp;#039;s top oil regulator told lawmakers Tuesday that Californians have nothing to fear about an oil production stimulation practice known as acidization that is expected to become much more broadly used as producers seek to extract billions of barrels of previously unrecoverable shale oil ... </description>
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<pubDate>Wed, 19 Jun 2013 00:22:17 -0400</pubDate>
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<title>Toscana Energy Income Corporation announces closing of $5 million convertible Debenture Private Placement following previous closing of $15 million convertible Debenture Prospectus Offering</title>
<description>June 18, 2013 /CNW/ - Toscana Energy Income Corporation (the &amp;quot;Company&amp;quot;) (TSX Venture: TEI) is pleased to announce the successful closing of the previously  announced private placement offering (the &amp;quot;Private Placement&amp;quot;) ... </description>
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<pubDate>Tue, 18 Jun 2013 22:55:40 -0400</pubDate>
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<title>BP classes Iran as top gas reserves holder in world</title>
<description>BP classes Iran as top gas reserves holder in world  BP classes Iran as ... </description>
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<pubDate>Tue, 18 Jun 2013 21:23:49 -0400</pubDate>
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<title>Stocks post solid gains Tuesday</title>
<description>U.S. markets churned higher Tuesday after the Commerce Department said price inflation remained muted in May.  The report by itself had negligible effect. But every report of late has been held up to the light to see how it might affect the U.S. Federal Reserve&amp;#039;s monetary policy announcement expected Wednesday.  Low inflation means the economy is not overheating. In turn, some investors have ... </description>
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<pubDate>Tue, 18 Jun 2013 20:23:16 -0400</pubDate>
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<title>U.S. oil prices steady Tuesday</title>
<description>A motorist pumps gas in Denver on April 15, 2011. Consumers paid an average price of $3.60 a gallon nationwide on Tuesday according to the travel group AAA. UPI/Gary C. ... </description>
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<pubDate>Tue, 18 Jun 2013 20:23:16 -0400</pubDate>
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<title>Anadarko Gearing Up for the Big Leap</title>
<description>Anadarko has discovered more than 100 trillion cubic feet of natural gas in the Rovuma Basin area, offshore Mozambique. The area is touted to contain around 250 trillion cubic feet of natural gas, a volume sufficient enough to meet global natural-gas demand for two years.  Anadarko is not the only company to have struck gold in the ... </description>
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<pubDate>Tue, 18 Jun 2013 20:17:51 -0400</pubDate>
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<title>Shell uses sabotage claims to avoid blame for Nigeria oil spills</title>
<description>Shell&amp;#039;s persistent claims that theft and sabotage are responsible for almost all the oil spills at its operation in Nigeria could have been exaggerated, an international watchdog has ... </description>
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<pubDate>Tue, 18 Jun 2013 19:45:45 -0400</pubDate>
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<title>Iraqi Kurdistan gives Turkish company six oil exploration blocks</title>
<description>ISTANBUL, June 18 |          Tue Jun 18, 2013 4:48pm EDT
ISTANBUL, June 18 (Reuters) - Local authorities have given an unnamed Turkish company licenses to explore for oil in Iraqi Kurdistan, according to a report, a move that could anger the central government in Baghdad already worried about the region&amp;#39;s growing independence.
The report, co-published by The Oil and Gas Year and the autonomous ... </description>
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<pubDate>Tue, 18 Jun 2013 16:48:39 -0400</pubDate>
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<title>Worlds Largest Solar Boat Docks in NYC</title>
<description>The world&amp;#039;s largest solar boat, a catamaran called Turanor, reached New York City Monday afternoon, docking at the North Cove Marina in downtown Manhattan at about 5 p.m. New York is the boat&amp;#039;s sixth stop in a trans-Atlantic expedition that began in March in the south of France. The boat&amp;#039;s upper decks are covered in 5,554 square feet of solar paneling. The photovoltaic cells get ... </description>
<link>http://www.houstonmirror.com/index.php/sid/215278704/scat/bef2bf598e76a3e6</link>
<pubDate>Tue, 18 Jun 2013 16:28:01 -0400</pubDate>
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<title>Is the Energy Revolution Hype</title>
<description>U.S. energy independence is seen as something of a holy grail by many economists and policy makers, and soaring shale production has heightened hopes that the United States may actually get there. But some energy watchers are questioning how much the world&amp;#039;s largest economy can realistically produce--and whether some estimates may be too lofty.To be sure, most market watchers are true ... </description>
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<pubDate>Tue, 18 Jun 2013 16:28:00 -0400</pubDate>
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