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Oil News and Gas News
September 30, 2016
OIL AND GAS
Analysts: OPEC cap more show of force than game-changer
New York (UPI) Sep 29, 2016
A move by OPEC to call for a cap on oil production shows the group is still relevant, though the decision doesn't do much for market dynamics, analysts said. Members of the Organization of Petroleum Exporting Countries met with ministers from other producing nations in Algeria to review the appetite for taking extraordinary action to stimulate crude oil prices, which remain about 50 percent below levels from two years ago. In a concluding statement, OPEC said it could no longer ignore th ... read more

Previous Issues Sep 29 Sep 28 Sep 27 Sep 26 Sep 23
OIL AND GAS

British energy group pleads for support
Oil and gas exploration activity off the British coast is at a record low and the government needs to step in with its full weight, an industry body said. ... more
OIL AND GAS

U.S. aims to protect marine ecosystems from offshore work
The U.S. government said it was offering up new proposals aimed at protecting marine mammals and coastal environments from some offshore energy work. ... more
OIL AND GAS

Texas energy sector remains depressed
Remnants of a slump in the oil and gas sector are still evident in the Texas economy even as signs of improvement emerge, a bank survey found. ... more
OILGASDAILY


OIL AND GAS

Statoil asked for quick response to oil spill probe
Norwegian energy company Statoil has about a month to explain how it will address deficiencies that led to a minor oil spill last year, a regulator said. ... more


OIL AND GAS

Weatherford cheated investors, SEC says
Oilfield services Weatherford International agreed to pay a penalty to settle charges it inflated its earnings reports to align with projections, the SEC said. ... more

Transition from Operations to Decommissioning by Preparing a Safe, Cost-Effective Shut Down and Waste Management Strategy


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OIL AND GAS

Maersk taps into giant British gas field
Danish energy company Maersk Oil said it started drilling the first production well from a field that's expected to meet 5 percent of British demand for gas. ... more
OIL AND GAS

Where will oil prices go after Algiers
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to rescue oil prices. Following the media ... more
24/7 News Coverage
DG's Basemap expanded to include 250M square kilometers at 30cm

Air transport sector at climate juncture

Regional Forecasts of Solar Storms Set to Begin Oct. 1

New research undermines 'RNA world' of early evolution

Deakin builds world-first robotic surgical system with sense of touch

Feelin' the Burn with Faux Fire

Health workers, hospitals targeted in Syria war

OIL AND GAS

Shell adds capacity to Gulf of Mexico portfolio
Dutch supermajor Shell said it was spending $350 million to increase its holdings over two companies with strong positions in the U.S. Gulf of Mexico. ... more
OIL AND GAS

Jordan secures contract for gas from Israel's Leviathan field
A Jordanian power company has agreed to a take-or-pay scheme tied to the imports of natural gas from the Leviathan field offshore Israel, Noble Energy said. ... more
OIL AND GAS

Oil price rally stalls day after OPEC maneuvering
A day after one of the sharpest rallies for oil prices, markets struggled early Thursday as traders digested the nuances of the latest OPEC maneuver. ... more
Cryogenic Buyer's Guide
6th Annual Modular Construction Summit for Oil and Gas Agenda - December 7-9 - Houston Nuclear Plant Digitalization Conference - Nov 15-16 - Charlotte NC USA
OIL AND GAS

Chevron searching for bodies after crash offshore Angola
At least four people are dead and two are unaccounted for after a helicopter crashed on its way to an oil platform offshore Angola, Chevron confirmed. ... more
OIL AND GAS

Saudi navy to hold Gulf exercises amid Iran tensions
Saudi Arabia's navy will hold exercises in the Gulf and the strategic Strait of Hormuz early next week, the navy chief said on Wednesday, as tensions simmer with Iran. ... more
Space News from SpaceDaily.com
Rosetta: The end of a fairytale

Curiosity Finds Evidence of Mars Crust Contributing to Atmosphere

NASA develops satellite concept to exploit rideshare opportunities

Rosetta measures production of water at comet over two years

Alice Ultraviolet Spectrograph Completes Rosetta Mission to Comet 67P

Rosetta's comet adventure in numbers

Farewell Rosetta: ESA Mission to Conclude on Comet's Surface

OIL AND GAS

Record demand, pipeline issues pull gas prices higher
Following a robust month for demand, an expected drop in U.S. retail gasoline prices was delayed by pipelines issues in the south, a market report said. ... more
OIL AND GAS

Amid freeze talks, Russia expects more oil production
An official at Russian oil company Rosneft said oil production from a field in the Far East could increase by as much as 20 percent next year. ... more
OIL AND GAS

Russian investigative journalist says attacked in Siberia
Russian investigative journalist Grigory Pasko, who was jailed for espionage for exposing radioactive pollution by the navy, said Tuesday he was hit on the head by unidentified attackers in Siberia. ... more
OIL AND GAS

Low growth estimate from WTO pulls oil prices lower
Crude oil prices moved lower in early Tuesday trading amid dimming prospects for an oil production agreement in Algeria and a drop in global growth estimates. ... more
OIL AND GAS

Vitol unloads Texas shale interests
Global energy trader Vitol said it was leaving Texas shale in good hands following a sale of its holdings to pipeline operator Sunoco Logistics. ... more

OIL AND GAS

Norwegian company closing down gas field
Norwegian energy company Statoil said it pulled out of a rig contract early as decommissioning of a North Sea gas field moves ahead of schedule. ... more
OIL AND GAS

Growth rate cut for one of OPEC's newest members
The economy of Indonesia, one of the newest members of OPEC, is on the decline, but could recover as policy reforms take hold, the Asian Development Bank said. ... more
Military Space News, Nuclear Weapons, Missile Defense
Is Japan at Risk of Losing the Drone War?

SMC, ULA enter into CRADA to certify Vulcan Launch Vehicle

US Air Force awards Lockheed Martin $395M Contract for two GPS 3 satellites

TeleCommunications Systems continues USMC satellite services

N. Korea soldier defects to S. Korea across border

Unmanned air and sea vehicles coordinate together

US-Philippines military alliance 'ironclad': Pentagon chief





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OIL AND GAS

Giant Kazakh oil field to be in production by year's end

OIL AND GAS

Canada approves $36 bn LNG project, eyes Asia

OIL AND GAS

French energy company grabs Chinese gas agreement

OIL AND GAS

Evidence of well water contamination in Eagle Ford Shale region

OIL AND GAS

Nigerian oil export pipeline attacked

OIL AND GAS

U.N. steps into Dakota oil pipeline fight

OIL AND GAS

Satellites help link Texas earthquakes to wastewater injection

OIL AND GAS

Texas oil production up slightly from early summer

OIL AND GAS

Russia: Oil production freeze not essential

OIL AND GAS

Pemex tanker listing after fire in Gulf of Mexico

Peruvian authorities report two oil spills in Amazon

Rig company Lamprell gets crack at Johan Sverdrup

Frack Sand: The Unsung Hero Of The OPEC Oil War

Norway leaves rates unchanged

Iraq-focused Gulf Keystone Petroleum ready to rise

Helicopter safety on Statoil's radar after fatal April accident

No oil production cuts on table, Russia says

Rig builder Lamprell said it's able to weather the storm

Tullow: Losses from fault at Ghanaian oil field covered

Maersk splits in two

Anxiety enough to push oil prices higher

US and regional powers urge Libya not to fight over oil

Multilateral support for more Libyan oil

Exxon settles over 2011 Yellowstone River oil spill

Eni adds renewable energy to Algerian portfolio

Crude oil riding the Yellen train

Fossil fuel reserves would crush climate goals: report

Scotland offers assurances to energy sector

Norway sees sustained interest in offshore reserves

Oil prices rally on inventory data



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