Texas Will Run Out of Water Before It Runs Out of Oil – Burnt Orange Report


Proactive Investors Australia
Texas Will Run Out of Water Before It Runs Out of Oil
Burnt Orange Report
It has been said that oil and water don’t mix, but here in Texas the two seem to go hand in hand. In fact the new form drilling for crude oil, hydraulic fracturing, commonly known as fracking, actually mixes water with certain chemicals to extract oil
BreitBurn Buys Texas Oil, Gas PropertiesLos Angeles Business Journal
Sweetwater Braces for the Coming Shale Oil BoomGilmer Mirror
Golden Gate Petroleum resumes oil and gas production from Permian Project Proactive Investors Australia
Dallas Morning News –4-traders (press release)
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South Texas oil boom turns water into gold – LubbockOnline.com

South Texas oil boom turns water into gold
LubbockOnline.com
A widely cited University of Texas at Austin study, funded by the oil and gas industry, had predicted hydraulic fracturing in the Eagle Ford would use a maximum of around 35,000 acre-feet of water annually. But the San Antonio Express-News looked at
Eagle Ford Shale turns water into gold as need outstrips supplyReporterNews.com

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UT donor, oil industry exec Jack Blanton passes away – Austin Business Journal


Austin Chronicle
UT donor, oil industry exec Jack Blanton passes away
Austin Business Journal
The Blanton Museum of Art was funded in large part by a donation in honor of former oil industry executive and University of Texas Regent Jack Blanton, who died Saturday at age 86. Chad Swiatecki: Staff Writer- Austin Business Journal: Email | Twitter.
Philanthropist, oil tycoon Jack Blanton dies at 86Brazosport Facts (subscription)

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OGX Has 15 Days to Pay Oil Field Investments – Wall Street Journal

OGX Has 15 Days to Pay Oil Field Investments
Wall Street Journal
RIO DE JANEIRO—Troubled Brazilian oil company Oleo e Gas Participacoes SA, founded by entrepreneur Eike Batista, said Monday that it was seeking cash to pay for the firm’s share of work at an offshore oil field before regulators revoke the concession.
OGX PETROLEO E ADR (OGXPY): Report: OGX has 15 days to pay oil field Seeking Alpha
Batista’s Oleo e Gas must pay debt or risk field loss-partner QGEPReuters

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Brazil's Petrobras Completes $1.6 Billion Oil-Field Sale – 4-traders (press release)

Brazil’s Petrobras Completes $1.6 Billion OilField Sale
4-traders (press release)
RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said late Monday that it had completed the sale of a 35% stake in an offshore oil field to partners Royal Dutch Shell PLC (RDSA, RDSA.LN) and India’s 
Shell increases interest in Brazil offshore oil fieldPennEnergy (press release)
ONGC, Shell buy Petrobras offshore stake for $1.64 billionLivemint
Shell closes on Parque das Conchas stakeUpstream Online
Businessweek
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Oil price hike seen on New Year – Philippine Star

Oil price hike seen on New Year
Philippine Star
Oil price hike seen on New Year. By Iris Gonzales (The Philippine Star) | Updated December 31, 2013 – 12:00am. MANILA, Philippines – Another round of oil price hikes may greet motorists and consumers in the New Year, oil industry players said yesterday.
Oil firm sees 2013 off with final price hikeGMA News
Fuel prices seen going up on New Year’s EveInquirer.net

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Oil: Crude price stays near $100 a barrel in thin trading – Tulsa World


Voice of America
Oil: Crude price stays near $100 a barrel in thin trading
Tulsa World
While signs of an improving economy in the U.S. have supported prices, analysts noted that oil consumption in other parts of the world could be held back by a strengthening dollar, which makes oil more expensive for other countries. “The recovery of
Oil prices retreat on profit-takingXinhua
Good news for markets as oil prices set to keep fallingNew York Post
Price of Oil Hits $100 a BarrelVoice of America
OilPrice.com –DailyForex.com –Reuters UK
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No new year reprieve?: Consumers to face hike in oil prices – The Express Tribune


The Express Tribune
No new year reprieve?: Consumers to face hike in oil prices
The Express Tribune
However, in a summary moved by the Oil and Gas Regulatory Authority (Ogra) to the petroleum and finance ministries on Monday, Ogra proposed not to pass on the increase in oil prices by adjusting the rate of the Petroleum Levy (PL) on petroleum products 
Ogra proposes Rs 2.91 increase in petrol priceThe Nation

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Gas prices rise on global oil price hike – Taipei Times

Gas prices rise on global oil price hike
Taipei Times
The nation’s two oil refiners yesterday said they would raise gasoline and diesel prices by NT$0.50 per liter this week. The prices go into effect today, reflecting rising global crude oil prices. State-run oil refiner CPC Corp, Taiwan (CPC, 台灣中油
Good news for markets as oil prices set to keep fallingNew York Post

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Texas will see benefits in oil, housing while unemployment stays flat – Dallas Business Journal


Dallas Morning News (blog)
Texas will see benefits in oil, housing while unemployment stays flat
Dallas Business Journal
Texas now produces 40 percent of the crude oil in the United States, up from 18 percent in January, 2011, according to the report. BBVA Compass expects that to go up another 3.1 percent in 2014. If Texas were a country, it would rank 15th in the world
Economists project a strong 2014 for TexasDallas Morning News (blog)

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Vortox Air Technology, Inc. Announces Innovative Line of Oil Bath Air Cleaners – ThomasNet News (press release)

Vortox Air Technology, Inc. Announces Innovative Line of Oil Bath Air Cleaners
ThomasNet News (press release)
Claremont, CA – Vortox Air Technology, Inc., an American manufacturer offering innovative solutions to air filtration needs for a variety of industries, has released a full line of Oil Bath Air Cleaners, including the G, GA, S, and SA Series. G and GA

US oil price tops $100 on stocks decline – Financial Times


Voice of America
US oil price tops $100 on stocks decline
Financial Times
US oil rose above $100 a barrel for the first time since October in the wake of government figures that showed another large decline in US crude inventories. Nymex February West Texas Intermediate rose more than 1 per cent to $100.56 a barrel, its
Crude Oil Prices Edge Further Above $99ABC News
Price of Oil Hits $100 a BarrelVoice of America
Crude oil trades above $100 a barrel as recovering US economy seen lifting The Republic
Washington Post –MarketWatch
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Oil Theft: JTF Urges Adoption Of Technology To Safeguard Pipelines – Leadership Newspapers


Leadership Newspapers
Oil Theft: JTF Urges Adoption Of Technology To Safeguard Pipelines
Leadership Newspapers
The Joint Task Force (JTF) in Niger Delta’s “Operation Pulo Shield” has called for deployment of Information Communications Technology (ICT) gadgets to checkmate oil theft and pipeline vandalism. The Commander of the task force, Maj.-Gen. Batta
JTF winning war against crude oil theft in Niger Delta- CommanderPremium Times

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3 Technologies at Risk From Oil and Gas' Earthquake Problem – DailyFinance


Artesia Daily Press
3 Technologies at Risk From Oil and Gas’ Earthquake Problem
DailyFinance
This request came in response to several recent studies from credible sources that find an increase in seismic activity in certain U.S. regions, and identify the oil and gas industry’s injection operations as likely causes. Just a little pinprick
To Clean up Coal, Obama Pushes More Oil ProductionABC News

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EPA Probe Demands More Water Testing in Texas – ABC News


RT
EPA Probe Demands More Water Testing in Texas
ABC News
The report also asked the EPA to work with the Texas Railroad Commission — the state agency that oversees oil and gas operations — to mitigate any problems. “Although EPA officials believe that current residents are not presently at risk, the overall
Feds followed procedures in Range case, though questions remain — IGEnvironment & Energy Publishing
EPA was justified in ordering fracking company to clean Texas wells – reportRT

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