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Oil News and Gas News
May 28, 2016
OIL AND GAS
Cheap commutes in store for Memorial Day travelers
Washington (UPI) May 27, 2016
Even though prices at the pump have been on a steady rise, the U.S. government said Memorial Day travelers are saving big money this time around. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline at $2.32 for Friday, about 5 cents per gallon more than one week ago. Gasoline prices move more or less in line with crude oil prices, which have rallied in recent sessions because of demand strains. AAA said more than 38 million people are expected ... read more

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

Old jobs die hard in China's rustbelt
Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China's largest oilfield epitomises Beijing's reluctance to cut jobs at loss-making state-run operations. ... more
OIL AND GAS

Barium leaches directly from fracked rocks, Dartmouth team finds
Dartmouth College researchers are shedding light on the early chemical reactions in the organic sediments that would ultimately become the Marcellus Shale, a major source of natural gas and petroleu ... more
OIL AND GAS

Scientists discover methane-producing microbes in California rocks
Deep in vents on the ocean floor, methane-producing microbes feed off chemical reactions between water and rock. Now evidence of this process has been found on land in a freshwater spring in Califor ... more
OILGASDAILY


OIL AND GAS

Trump would approve Keystone pipeline blocked by Obama
Donald Trump said Thursday that if he is elected US president, he would support the Canadian Keystone oil pipeline project that was blocked by President Barack Obama on environmental grounds. ... more


OIL AND GAS

Moody's: Persian Gulf economies strained
Fiscal reforms are just part of the picture for Middle East economies working to adapt to an era of lower crude oil prices, Moody's Investors Service 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

We warned you, Nigerian militant group tells Chevron
A militant group in the Niger Delta said it targeted a Chevron pipeline in the region after the company failed to heed a warning issued in mid-May. ... more
OIL AND GAS

Trump heads to shale country
Republican presidential candidate Donald Trump delivers the keynote address Thursday at a petroleum conference in North Dakota, the schedule shows. ... more
24/7 News Coverage
Spring snow a no-go

Ecosystems with many and similar species can handle tougher environmental disturbances

Sentinel-1 helping Cyclone Roanu relief

'Metabolomics: You Are What You Eat' video

Spring comes sooner to urban heat islands, with potential consequences for wildlife

Critical factors that determine drought vulnerability of wheat, maize

Lava-loving tourists flock to active Nicaragua volcano

OIL AND GAS

European energy market still on Putin's radar
Working with the Greek government, Russian President Vladimir Putin said his country could make regional energy aspirations for Europe a possibility. ... more
OIL AND GAS

Santos making more LNG
Australian energy company Santos said it started producing more liquefied natural gas from a project on Curtis Island that could feed a growing Asian market. ... more
OIL AND GAS

Hello, $50: Oil prices break threshold
Improvements in the U.S. labor sector and seasonal demand pressures pushed the price of crude above the $50 mark for the first time this year early Thursday. ... more
Directed Energy And Next Generation Munitions - 20-22 June - Washington DC
The World's Largest Commercial Drone Conference and Expo - Sept 7-9 - Las Vegas
Cryogenic Buyer's Guide
OIL AND GAS

Oil sands industry a major source of air pollution, study finds
Tar sands oil, sometimes called the dirtiest oil in the world, is mostly thought of as a threat to water sources, though new research suggests oil sands operations are a large source of air pollution. ... more
OIL AND GAS

Baker Hughes streamlines structure
Oil services company Baker Hughes said structural and leadership changes were made in a way that it said could help simplify operations and lower costs. ... more
Space News from SpaceDaily.com
NASA inflates spare room in space

Antarctic fossils reveal south was not safer during dinosaur extinction

SpaceX makes fourth successful rocket landing

Mars Webcam goes pro

SES to provide satellite channels for West Africa and Philippines

Russia to test humanoid robot at space station in 2020

Russia to Create New Powerful Plasma Rocket Engine

OIL AND GAS

Earthquake insurance latest concern in oil-rich Oklahoma
The state government in the shale state of Oklahoma said it was concerned about the lack of competition in the market for earthquake insurance. ... more
OIL AND GAS

Shell cuts more than 2,000 jobs
At least 2,200 additional jobs will be trimmed from the payroll as the industry struggles to move through the downturn, a Shell official said from Scotland. ... more
OIL AND GAS

Petronas: Nothing to Russian talks
Malaysian energy company Petronas said it was not the target of a sale of its assets or any of its stakes to counterparts in the Russian energy sector. ... more
OIL AND GAS

ExxonMobil, Chevron investors defeat climate resolutions
ExxonMobil and Chevron investors sided with the oil giants on climate change at annual meetings on Wednesday, rejecting shareholder resolutions to push Big Oil in a greener direction. ... more
OIL AND GAS

BP wades deeper into Azeri waters
An Azeri energy company said it signed an agreement with BP that was billed as part of a national effort to explore fully all of its reserves offshore. ... more

OIL AND GAS

Oil prices making a run at nifty fifty
Temporary supply outages left oil spilling out of storage to push oil prices to their highest level of the year Wednesday, running quickly toward $50 per barrel. ... more
OIL AND GAS

Alberta presses carbon levy as fire threat to oil fades
As wildfires smoldered in oil-rich areas of the province, Alberta's government said it was proposing a tax regime that would help create a greener economy. ... more
Military Space News, Nuclear Weapons, Missile Defense
Loitering, lethal airborne system for U.S. Army on way

India's Indigenous IT: New Supercomputer to be Built in 2017

Lockheed receives Aegis development contract

China pushes 'patriotic' tours in South China Sea: report

G7 says 'concerned' by situation in East, South China seas

Russia to raise military presence on disputed Kuril islands

N. Korea warns S. Korea of retaliatory strikes




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OIL AND GAS

No recession for Texas, economist says

OIL AND GAS

No luck for DNO onshore Oman

OIL AND GAS

Supply nervousness pulls oil prices higher

OIL AND GAS

Regional markets show variability for U.S. gasoline prices

OIL AND GAS

Oil attacks in Nigeria's south hit power, water supply

OIL AND GAS

IMF loan gives net win for oil-rich Iraq

OIL AND GAS

Chemists settle longstanding debate on how methane is made biologically

OIL AND GAS

Baseline sought for British fracking efforts

OIL AND GAS

Shareholders vote climate test for ExxonMobil, Chevron

OIL AND GAS

Canadian oil sands cleared for re-entry near fire-ravaged Fort McMurray

Supply pressures ease to pull oil prices lower

Statoil cancels Norwegian Sea rig contract

North Dakota rig count low sets new record

Win secured for Israeli gas

Eni facilities attacked again in Nigeria

Fire threat to Alberta oil sands easing

Gas-rich Myanmar still under sanctions pressure

Canadian energy direction tested by Trans Mountain pipeline

Oil prices slip as Canada fires ebb

Evacuation lifted for oil sites threatened by Canada fires

Norway oil production 3 percent higher than expected

International concern mounts over Venezuela

Iraqi-focused oil company reviewing debt options

LNG, Asia part of Gazprom's diversification strategy

Company indicted over massive California oil spill

Pipeline company blamed directly for Refugio Beach, Calif., oil spill

Natural gas reserves increase for Myanmar

Texas oil company to restructure

Fires strip away shine of Canada's oil eldorado

Saudi Arabia's economy is slowing


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