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Oil News and Gas News
March 04, 2015
OIL AND GAS
Plans evolving for Norway's major oil and gas field
Stavanger, Norway (UPI) Mar 3, 2015
Norwegian energy company Statoil said it signed a deal with a Swiss services company to build a platform for one of the region's largest oil and gas fields. Swiss company Allseas Group was awarded the contract to help build a production platform to be used in the Johan Sverdrup field in the Norwegian waters of the North Sea. The Swiss company will transfer the assembled structures to lift-vessel Pioneering Spirit before transport to the field. Drilling platform installations will be comp ... read more
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OIL AND GAS

Looted and leaking, South Sudan's oil wells pose health risk
Thick black puddles and a looted, leaking ruin are all that remain of the Thar Jath oil treatment facility, once a crucial part of South Sudan's mainstay industry. ... more
OIL AND GAS

Philippines halts exploration in 'disputed' sea: contractor
The Philippines has suspended operations at a South China Sea natural gas project because it is also claimed by China and the dispute is before a UN tribunal, its contractor said Tuesday. ... more
OIL AND GAS

Pain at the pump to continue, AAA says
While U.S. gasoline prices remain relatively low, the recent trend in increases is the longest in more than two years, motor club AAA reports. ... more
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OIL AND GAS

Oil prices recover from Monday's loss
Geopolitical issues helped oil prices recover ground lost during the previous session, with Brent crude oil moving Tuesday back above $60 per barrel. ... more


OIL AND GAS

Energy trends changing investment dynamics
With world economies taking steps to lower their emissions, an official at the Bank of England said Tuesday investments in fossil fuels are becoming risky. ... more
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OIL AND GAS

JXK returns to shale work in Ukraine
Ukrainian shale pioneer JXK Oil & Gas said Monday it returned to full-scale operations in the country after receiving approval from the state gas distributor. ... more
OIL AND GAS

Gazprom Neft gets good grade from China
China's Dagong Global Credit Rating Co. gave Gazprom Neft a AA credit rating, denoting a stable outlook for its debt portfolio and long-term production potential. ... more
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OIL AND GAS

Turkey eyes oil in northern Iraq
Agreements with Iraqi administrations open the door for Turkish oil exploration in the Kurdish north, the Turkish energy minister said Monday. ... more
OIL AND GAS

Crude oil markets limp into spring
Positive economic news from Europe wasn't enough to give oil prices a lift in Monday trading as last week's slump bleeds over into March. ... more
OIL AND GAS

Algeria: 40 police wounded in anti-shale gas protest
Forty police officers were wounded Sunday in clashes with demonstrators opposed to shale gas exploration in the Algerian Sahara, the Interior Ministry announced. ... more
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OIL AND GAS

Iraq predicts oil will rise to $64-65 per barrel
Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year low in January, to continue recovering to reach $64 or $65 per barrel. ... more
OIL AND GAS

Canada's Encana Corp. cuts spending
Canadian energy company Encana said Wednesday its U.S. natural gas assets performed well last year, but 2015 capital investments will be cut by $700 million. ... more
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OIL AND GAS

West coast refinery issues spill over to pump
Maintenance at U.S. refineries should leave some markets short on gasoline supplies, with West Coast markets suffering most, the Energy Department said. ... more
OIL AND GAS

Kremlin: Ukraine has natural gas until Tuesday
The natural gas spigot could be closed for Ukraine as early as Tuesday unless it pays for more deliveries in advance, Russia's energy minister said Friday. ... more
OIL AND GAS

Oil markets ending week on high note
Crude oil prices rebounded Friday on revised U.S. economic data, recovering from midweek slumps sparked by OPEC comments and U.S. inventory buildups. ... more
OIL AND GAS

North Dakota rig activity at new low
As state leaders review legislative and economic affairs, government data for Friday show the number of rigs in North Dakota down 38 percent year-on-year. ... more
OIL AND GAS

China opposes UN sanctions on South Sudan
China on Friday voiced opposition to a UN draft resolution on imposing sanctions on South Sudan, saying the measure would be unhelpful at a time when the warring factions are negotiating. ... more

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OIL AND GAS

Making treatment of oil and gas wastewater simpler, cheaper
Oil and gas operations in the United States produce about 21 billion barrels of wastewater per year. The saltiness of the water and the organic contaminants it contains have traditionally made treat ... more
OIL AND GAS

Midweek oil price rally falters
Crude oil prices pulled back early in the Thursday session amid U.S. inventory buildups, ending a midweek rally spurred in part by comments from OPEC leaders. ... more
Military Space News, Nuclear Weapons, Missile Defense
Top US military officer backs arming Ukraine

N.Korea warns can conduct 'strike' on US, denies rights violations

Iran's role in Iraq could be positive: US general

U.S. weather satellite explodes into 43 pieces

Boeing: First All-Electric Propulsion Satellites Send First On-Orbit Signals

China raps Obama over spying after anti-terror law row

Predator B drone being offered to Spain

OIL AND GAS

Saudi Aramco cancels rig contract

OIL AND GAS

Oil sector successful, Iran says

OIL AND GAS

Whiting to cut Bakken rig deployments

OIL AND GAS

U.S. crude oil production holding steady

OIL AND GAS

Wrench thrown in British shale gas gears

OIL AND GAS

Argentine oil firm moves toward ending row in Peru

OIL AND GAS

China energy giant Sinopec denies merger plans: report

OIL AND GAS

Alberta not surprised by Keystone XL veto

OIL AND GAS

Kazakhstan expects oil production boom

OIL AND GAS

Gulf Keystone Petroleum mum on potential sale

OPEC comments drive Brent prices up

Gazprom threats to cut Ukrainian gas supplies

U.S. gas prices rise for 29 straight days

Algeria police prevent anti-shale gas protest

Canada expects dip in crude oil production

Asphaltene analysis takes a giant step

OPEC rumors stir oil market pot

Oily-mixture removed from W. Va. derailment site

Durability of North Sea energy sector questioned

Profit up, spending down for shale player ONEOK

GE Capital: 2015 Energy (Oil and Gas) Trends

Kremlin questions Moody's rating downgrade

Oil removed from derailed trains in West Virginia

Oil rally deflates on pessimism

Arctic oil can wait, advocacy group says

Iran's president claims economic miracle

Statoil brings North Sea oil and gas field online

Oil's Survival Of The Fittest: Interview With Stan Szary

Methane leaks from three large US fields in line with federal estimates

Panda Power Funds to Jointly Develop 1,000 MW Penn Power Project

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