By: Ahmed Mousa Jiyad

Halfaya field goes to China-Iraq Oil Report-->--Halfaya field > goes to China-.-the title of the blog Iraq oil report # header a, # header {color: # ffffff;}. descriptionSkip to contentAboutCustom ResearchPhotosFree TrialSubscribeContact fanRSS feedHomeBusinessCompaniesEconomicsEnergyElectricityNatural GasOilProduction & UsAdvertiseTwitterBecome a ExportsRefineries & FuelPoliticsNational PoliticsOil SectorNational SecurityInterviewsBeyond the Energy Policy Security HeadlinesThe short daily you are here: Home» &» Halfaya field oil export goes to» production China

Halfaya field goes to China

China points the way take on three competitors and winning Halfaya in Missan province, who occasionally Mahdi Army has seen, but is relatively calm.

By staff of Iraq oil report
Published on December 11, 2009

BAGHDAD-the Chinese National Petroleum Corp. and partners total and Petronas beat out three other contenders for the massive field, which it received by offering for the production of oil at 535,000 barrels per day (bpd) for at least 13 years at $ 1.40 per barrel profit.

CNPC has a 50 percent with total and Petronas each 25 percent.

With partners Occidental (20%), Kogas (20%), CNOOC (15%) and Sonangol (15%), Eni (30 percent) offered to do for $ 12.90 per barrel and produ ...

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A quiet revolution: oil security is within our grasp by Bill Glahn

Posted on Tuesday, September 27, 2011 by Kim Crockett

Just when it seems that the news is bad, peek a beam of a light through the clouds.  Our dependence on foreign oil, a bugaboo for Presidents dating back to Nixon, has finally started to recede.  And the biggest reason next door inNorth Dakota can be found.

 

As with the natural gas revolution of recent years, the latest oil boom powered by new drilling techniques, particularly the use of hydraulic fracturing, or "fracking."

 

The u.s. Department of energy energy information Administration (EIA) reports that imports of the share of imported oil fell below 50 percent in 2010, the first time represented less than half of the total since 1999.  (Canada is our number one foreign supplier, withSaudi Arabia andMexico alternately in second and third place.)

 

Our dependence on foreign oil peaked above 60% in 2005.  The fall in imports can be attributed to a decline in consumption, in connection with the economic recession and an increase in production, with North Dakotabeing the fastest growing State.  The EIA reports that North Dakota fourth, behind only Texas, Alaska and California oil production ranks.  Production levels in North Dakota are double their 2008 levels.  The Wall Street Journal reports that, if current trends hold, (North Dakota) to the number two spot, afterTexas, will move by the end of the Decade.

 

It may surprise some to learn that the world's third largest oil producer U.S.is, after Saudi Arabiaand Russia.  It will amaze even more to hear that there are published reports that investment bank Goldman Sachs believes that the US has the potential to be the number one oil-producing country in the world as soon as 2017.

 

This story of National Public Radio, describes the oil boom in North Dakota and gives a feel for the employment and economic development produced by domestic oil production.  The American Petroleum Institute, an industry group, estimates that we by a shift of federal policy on oil drilling an extra 1 million jobs could lead inAmerica.

 

LikeCanada other advanced countries (World No. 6), Norway (World No. 13), and theU. K.(World No. 19) don't seem squeamish about developing their natural resources.  Nor should we.

Category: Bill Glahn, climate change, energy, Environment, comments tags: Bakken oil field, Bill Glahn, climate change, energy, energy policy, environment, fracking, North Dakota, independence of oil, oil Security Email friendBlog leave a Reply to itStay updated Click here to cancel reply.

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Ocean-grabbing threatens the food security of entire communities

From: Olivier De Schutter, Ecologist, www.enn.com
Published November 15, 2012 08:43 AM

All over the world, food systems and the ecosystems they rely on are coming under pressure from the over-exploitation of natural resources. But nowhere are these impacts occurring as rapidly and dramatically as in the world’s oceans.

Between 1970 and 1990, buoyed by generous fuel and boat-building subsidies, the harvesting capacity of the worlds combined fisheries grew eight times faster than the rate of growth in landings. This led to a situation where the capacity of the global aggregate fishing fleet is at least double what is needed to exploit the oceans sustainably.

A vicious cycle has ensued whereby fishing vessels have gone further and deeper in their hunt for fish, degrading marine environments and depleting stocks ever further. Fishing methods such as industrial bottom trawling – the equivalent of deforestation in deep waters — have proved particularly destructive and wasteful, while climate change, ocean acidification and pollution have further destabilized marine environments. Read the full article

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Ocean acidification emerges as new climate threat

HOMER, Alaska — Kris Holderied, who directs the National Oceanic and Atmospheric Administration’s Kasitsna Bay Laboratory, says the ocean’s increasing acidity is “the reason fishermen stop me in the grocery store.”“They say, ‘You’re with the NOAA lab, what are you doing on ocean acidification?’?” Holderied said. “This is a coastal town that depends on this ocean, and this bay.”

This town in southwestern Alaska dubs itself the Halibut Fishing Capital of the World. But worries about the changing chemical balance of the ocean and its impact on the fish has made an arcane scientific buzzword common parlance here, along with the phrase “corrosive waters.”

In the past five years, the fact that human-generated carbon emissions are making the ocean more acidic has become an urgent cause of concern to the fishing industry and scientists.

The ocean absorbs about 30 percent of the carbon dioxide we put in the air through fossil fuel burning, and this triggers a chemical reaction that produces hydrogen, thereby lowering the water’s pH.    Read more

 

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Norway is to double carbon tax on its oil industry and set up a fund to help combat the damaging impacts of climate change

Norway is to double carbon tax on its North Sea oil industry and set up a £1bn fund to help combat the damaging impacts of climate change in the developing world.

In one of the most radical climate programmes yet by an oil-producing nation, the Norwegian government has proposed increasing its carbon tax on offshore oil companies by £21 to £45 (Nkr410) per tonne of CO2 and a £5.50 (Nkr50) per tonne CO2 tax on its fishing industry.

Norway will also plough an extra £1bn (Nkr10bn) into its funds for climate change mitigation, renewable energy, food security in developing countries and conversion to low-carbon energy sources, Environmental Finance reported.

It will step up spending on new projects to combat deforestation in developing countries to £44m, taking up its spending overall on forestry programmes to £327m. Previous forestry projects have involved Brazil, Indonesia and Ethiopia.

The Oslo government is also to spend £69m on buying carbon credits in 2013, to help offset its emissions, force through new building regulations to make all new homes carbon-neutral by 2015 and increase efforts to heavily cut emissions from cars, switching to electric vehicles.

The scale of these initiatives will pose a significant political challenge to other oil-producing nations, who are also investing in low-carbon technologies and cutting their own emissions, but not yet investing heavily in tackling the impacts of climate change on developing countries.

The UK and Scottish governments estimate there are up to 24bn barrels of oil left to be exploited over the next 40 years from the UK’s oil and gas fields in the North Sea, west of Shetland and smaller sites off western England.

But that would lead to total CO2 emissions of an extra 10bn tonnes – dwarfing the UK’s annual 500m tonnes of CO2 emissions, at a time when many climate scientists urge cutbacks in oil, gas and coal use to avoid significant global warming and to meet climate targets.

Neither the UK or Scottish government has supported a carbon tax on the oil and gas industry.

The Scottish government, which often looks to Norway as a model for its independence plans, has greatly increased its funding and support for renewable energy investment. It announced a £103m investment fund for marine renewables and community power schemes on Wednesday and has a £4m “climate justice fund” to help developing countries.

But fields in Scottish waters account for about 80% of the UK’s North Sea oil and gas fields, which produced 1m barrels of oil a day in August.

Alex Salmond, Scotland’s first minister, said on Wednesday that oil economies have a “moral obligation” to increase low-carbon energy and tackle climate change, but says there is no contradiction in maximising oil, gas and coal production.

He told a conference on low-carbon investment: “As countries such as Denmark show, there’s no contradiction between making use of substantial in their case gas reserves which will be needed by the rest of the world in the coming decades by the rest of the world, while leading the transition to a low-carbon economy.”

After speaking at the same conference on Thursday, Ed Davey, the UK energy and climate secretary, told the Guardian he believed the UK’s actions on climate change and green energy were also world-leading. The UK government was putting £3bn into the new green investment bank, and aims to cut CO2 emissions by 34% by 2020, he said.

Asked about Norway’s new programme, Davey said: “I would say that the UK government has very ambitious climate change targets and carbon emission reduction targets.

“We were one of the first countries in the world to pass legally binding targets on ourselves, with the Climate Change Act 2008 which had cross party support. And the government has introduced on the back of that, the fourth carbon budget and the whole electricity market reform, the green deal, the green investment bank.

“These are all our tools to deliver on those targets; these are incredibly ambitious and maybe some countries are catching us up.”

Ranking third among the world’s oil exporters, with production peaking at 3m barrels of oil a day, Norway has 51 active oil and gas fields in the North Sea, and believes it has more than 7bn barrels of undiscovered reserves. Its oil and gas sector is the world’s richest: its employees earn $180,000 on average a year.

With a population of 5 million – the same as Scotland – it is the third wealthiest country per capita in the world thanks to its oil and gas exports. Norway’s plans to offset the impacts of its oil exports on the world’s climate come as it also proposes to expand oil exploration into the Barents Sea to the far north.

Richard Dixon, director of WWF Scotland, said: “Norway is showing how you can use oil income to fund the transition out of oil, we should be doing the same with UK oil revenues. The Scottish National Party have always been keen on the Norwegian oil fund, and now it is setting an example really worth following.”

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Florida Officials and Scientists Urge Presidential Candidates to Address Sea-Level Rise

By ClimateWire , Evan Lehmann and Christa Marshall. October 15, 2012

More than 120 Florida officials and scientists sent a letter to the campaigns of President Obama and Mitt Romney last week, urging the candidates to address sea-level rise in their final debate and during tours of the state.

The action comes at a time when four counties in southeast Florida are weighing passage of a regional climate plan, completed this month, that sets broad goals on how to alter Florida infrastructure for rising seas and warming temperatures. Broward County, which includes Fort Lauderdale, is set to consider the plan as early as this month, as well as incorporate some of its recommendations by early January in the county’s comprehensive plan, which governs long-term land use.

In the letter, which was delivered to both the state and national campaign headquarters of the Romney and Obama campaigns, the officials and scientists note that tide gauges in Florida documented an 8-inch rise in sea level in the 20th century.  Read more

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Nigeria Exxon spill spreads for miles along coast

By Tife Owolabi. Reuters

IBENO, Nigeria | Sun Nov 18, 2012 2:51am EST

(Reuters) – An oil spill at an ExxonMobil facility offshore from the Niger Delta has spread at least 20 miles from its source, coating waters used by fishermen in a film of sludge.

A Reuters reporter visiting several parts of Akwa Ibom state saw a rainbow-tinted oil slick stretching for 20 miles from a pipeline that Exxon had shut down because of a leak a week ago. Locals scooped it into jerry cans.

Mark Ward, the managing director of ExxonMobil’s local unit, said a clean up had been mobilized, and he apologized to affected communities for the spill.

Exxon said last Sunday it had shut a pipeline off the coast of Akwa Ibom state after an oil leak whose cause was unknown. Read the full article

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