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Oil News and Gas News
August 29, 2016
OIL AND GAS
NATO in favor of political moves in oil-rich Libya
Washington (UPI) Aug 26, 2016
NATO allies expressed support for political movements in oil-rich Libya, which they said are vital steps in ensuring peace in the war-torn country. Libyan authorities sent a list of names for a unity government to ministers with the Libya House of Representatives for approval. The governments of France, Germany, Italy, Spain, the United Kingdom, and the United States welcomed the move and reminded authorities of an obligation to vote on the list in its entirety within 10 days. "Members o ... read more

Previous Issues Aug 27 Aug 26 Aug 25 Aug 24 Aug 23
OIL AND GAS

British oil production up from last year
The British government reported total first quarter production of natural reserves increased at the same time the country relied less on foreign imports. ... more
OIL AND GAS

Modest interest in latest Gulf of Mexico lease
Despite tough industry conditions, bidding that emerged in the latest lease shows the U.S. Gulf of Mexico remains good energy acreage, the government said. ... more
OIL AND GAS

Russian oil company posts production gains
Thanks in part to Arctic oil, total production of oil and gas reserves are 10 percent higher than last year, Russian oil company Gazprom Neft said. ... more
OILGASDAILY


OIL AND GAS

Low oil prices a win for consumers
The increase in U.S. oil production that helped push crude oil prices lower may have hurt the industry, but that's offset by consumer benefits, the API said. ... more


OIL AND GAS

EIA: OPEC oil revenue down nearly 50 percent
Net revenue for members of the Organization of Petroleum Exporting Countries from oil dropped nearly 50 percent year-on-year, U.S. analysis found. ... 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

Norway hopes to squeeze more out of North Sea
The Norwegian government said it consented to the use of a drilling platform in the North Sea in order to squeeze the remaining resources out of the area. ... more
OIL AND GAS

Iran's oil minister defends market share
Iran's oil minister said Friday he'll go to an Algerian meeting where producers could move to stabilize prices, but kept his defense of market share. ... more
24/7 News Coverage
By mid-century, more Antarctic snowfall may help offset sea-level rise

Volcanic eruption masked acceleration in sea level rise

Looking to saliva to gain insight on evolution

Five beachgoers die in Britain on hottest day of year

Cameroon must halt rubber plantation project: Greenpeace

Myanmar weighs damage after earthquake rattles Bagan pagodas

Myanmar's peacock: a national symbol dying off in the wild

OIL AND GAS

2017 will be clearer, offshore drilling company says
There are signs of stability in offshore exploration and production, but it may be next year before any real indications surface, a London-managed driller said. ... more
OIL AND GAS

API: U.S. gas a strategic asset
With U.S. Vice President Joe Biden touting diversity in the European energy market, an industry group said exports from U.S. ports could be a strategic interest. ... more
OIL AND GAS

Dakota Access Pipeline poses an 'existential' threat
Environmental and tribal groups protesting an oil pipeline from North Dakota said in a letter to the White House it poses a threat to their existence. ... more
2nd Integrated Air and Missile Defense - Securing the Complex Air Domain: Requirements for Sustainable, Global, and Reliable Solutions to Next Generation Air & Missile Threats - 28-30 September, 2016 | Washington D.C. The World's Largest Commercial Drone Conference and Expo - Sept 7-9 - Las Vegas
Cryogenic Buyer's Guide
OIL AND GAS

CNOOC reports $1.16 bn net loss
China's main offshore oil and gas producer CNOOC saw its shares on the Hong Kong stock exchange fall Thursday, after it reported a $1.16 billion net loss for the first half of 2016. ... more
OIL AND GAS

Nanofur for oil spill cleanup
Some water ferns can absorb large volumes of oil within a short time, because their leaves are strongly water-repellent and, at the same time, highly oil-absorbing. Researchers of KIT, together with ... more
Space News from SpaceDaily.com
NASA Awards Launch Services Contract for Mars 2020 Rover Mission

SpaceX's Dragon cargo ship splashes down in Pacific

Scientists Discover A 'Dark' Milky Way

Jupiter's Extended Family? A Billion or More

China Sends Country's Largest Carrier Rocket to Launch Base

Intelsat 33e, the Second Intelsat EpicNG Satellite, Launched into Orbit

Russian Carrier Rocket for Sea Launches Will Replace Ukraine's Zenit

OIL AND GAS

Scientists develop nanofur material to soak up oil
A team of researchers in Germany have developed a new water-resistant nanofur material capable of soaking up oil with impressive efficiency. The material was inspired by water ferns. ... more
OIL AND GAS

White House urged to ban Atlantic Ocean seismic activity
An advocacy group called on the U.S. government to enact further restrictions on Atlantic Ocean energy work, citing seismic threats to marine animals. ... more
OIL AND GAS

PetroChina profit almost wiped out in first half
China's biggest oil producer PetroChina's net profit plunged 97.9 percent in the first half of this year, it said Wednesday, as it struggled with a weak domestic economy and low oil prices. ... more
OIL AND GAS

Oil prices move lower as OPEC doubts persist
Sentiment on oil supply and inventory levels pushed crude oil prices lower in early Wednesday trading amid renewed doubts over extraordinary OPEC action. ... more
OIL AND GAS

Norway expects slump in oil, gas investments
The Norwegian government said that, after falling more than 10 percent, investments in the energy sector next year should see another steep decline. ... more

OIL AND GAS

Gazprom says it's not impacted by sanctions
Western economic sanctions have little impact on Gazprom activities as the company focuses on domestic procurement efforts, the Russian company said. ... more
OIL AND GAS

Analyst: Oil near $50 not good for a freeze
The price point for crude oil that would likely trigger action from major oil producers is around $35 per barrel, a Swiss-based market research group said ... more
Military Space News, Nuclear Weapons, Missile Defense
N. Korea submarine missiles not ready until 2018: experts

N. Korea leader says missile test 'greatest success'

China Communist party expels 'insatiable' statistics chief

N. Korea rejects UN council's condemnation

Japan holds live fire drills at Mt Fuji

Russia launches large snap military drills

Australian minister says French submarine leak 'embarrassing'





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OIL AND GAS

Alberta's economy hit by May wildfires

OIL AND GAS

New gas extraction methods increase price responsiveness

OIL AND GAS

Statoil grabs hold of British waters

OIL AND GAS

An elephant in the room offshore Senegal

OIL AND GAS

Oil pipeline leak in Red Sea, Jordan tells Israel

OIL AND GAS

Oil prices extend losses for a second day

OIL AND GAS

Gazprom reviewing Nord Stream 2 options

OIL AND GAS

Gas prices follow in oil's footsteps

OIL AND GAS

Pakistan gets energy security loan

OIL AND GAS

Three tremors in 24 hours near Oklahoma shale country

Oil-rich Texas sees slight employment gains

Nicaragua refinery fire under control: officials

Oil price rally hits a wall

Niger Delta Avengers consider de-escalating conflict

North Dakota rig count lower for third straight week

Russia gas pipelines in Georgia targeted by militants

Gas lines hit by military shells in eastern Ukraine

Statoil rolls out North Sea development plans

Australia's Santos takes a $1.1 billion loss

Oil from refinery blast slickens Nicaragua habitat: environmentalists

Industry data dump show U.S. energy dynamics even

Oil prices mixed after long, sustained rally

Lauded North Sea oil reserve area dry so far

U.S. mulling new leases for Gulf of Mexico drillers

Oil-rich Iran looking for financial ties with Russia

Carbon molecular sieve membranes could cut energy in hydrocarbon separations

Gulf of Mexico still essential for energy

Nigerian oil output may stay low through 2017

Reducing gas flares and pollution from oil production

DNO touts advantage of merging with Gulf Keystone Petroleum



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