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Oil News and Gas News
December 18, 2014
OIL AND GAS
New York state bans fracking
New York (AFP) Dec 17, 2014
Governor Andrew Cuomo said Wednesday he would ban hydraulic fracking in New York State, citing health concerns about the controversial oil and gas drilling technique. The announcement extends a de facto New York ban on the practice, which offers the potential to unlock vast quantities of natural gas but which has come under intense scrutiny from environmentalists. The energy industry complains that New York has lost jobs and investment by not following neighboring states by drilling into Marcell ... read more
Previous Issues Dec 17 Dec 16 Dec 15 Dec 12 Dec 11
OIL AND GAS

Norwegian oil production down 5 percent
Production figures from Norway show average daily oil production down about 5 percent year-on-year, a national regulator said in Wednesday report. ... more
OIL AND GAS

Sudan unveils oil ambitions
The Sudanese government aims to increase oil reserves by tapping more than 250 new wells next year, the country's oil minister said. ... more
OIL AND GAS

Kurdish oil vital for Iraq, London says
Developing the oil export potential in the Kurdish region of Iraq will help secure the future of a united country, the British energy minister said Wednesday. ... more
OILGASDAILY


OIL AND GAS

Obama bars oil, gas drilling in Alaska haven
President Barack Obama declared Alaska's ecologically rich Bristol Bay off-limits for oil and gas exploration on Tuesday, saying the move was necessary to safeguard the region's fishing and tourism industries. ... more


OIL AND GAS

Oil prices land blow to OPEC, EIA says
The U.S. Energy Information Administration warned OPEC members might need to trim their budgets as oil prices continued their steady decline Wednesday. ... more
Military Radar Summit 2015
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Training Space Professionals Since 1970


Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS

Sen. Hoeven: Keystone XL tops agenda for new Congress
The Keystone XL oil pipeline planned to cross the U.S.-Canadian border will be the first order of business for the next Congress, Sen. John Hoeven said. ... more
OIL AND GAS

Energy group questions Bristol Bay moratorium
Alaskan energy producers expressed dismay over a presidential decision to put the Bristol Bay off limits, though environmentalists lauded its stewardship. ... more
24/7 News Coverage
'Anyone but the Chinese': Madagascar workers demand new masters

Zimbabwe, Zambia get $275mn for urgent Kariba Dam repair

Human DNA shows traces of ancient battle between primate and pathogen

Melting Arctic ice, rising temps seen as planet warms

Heavy snow hits northern Japan

Predator Versus Prey

3-D maps reveal the genome's origami code

OIL AND GAS

Encana: U.S. shale tops agenda despite low oil prices
Capital efforts in U.S. shale basins for 2015 are tailored to account for a "volatile price environment," Canadian energy company Encana said Tuesday. ... more
OIL AND GAS

North Dakota funds economic diversity effort
Grants totaling more than a quarter of a million dollars will help communities across North Dakota diversify their economy, U.S. Sen. John Hoeven, R-N.D., said. ... more
OIL AND GAS

Islamists mount air raid near key Libyan oil terminals
Islamist militias launched an air strike near key oil terminals in eastern Libya on Tuesday, stepping up a battle for the government-held facilities, a security official said. ... more
Startup in the Land of the Rising Sun; A Japanese Solar Venture - by Bradley L. Bartz


OIL AND GAS

Chevron suspends Ukrainian shale efforts
U.S. energy company Chevron said it was still looking for opportunities in Ukraine, but opted to shelve a contract to tap the country's shale gas potential. ... more
OIL AND GAS

IHS: Islamic State financing war campaign with oil
Oil is fueling the war chest for the group calling itself the Islamic State by more than $2 million per day, a study from consultant group IHS said. ... more
Space News from SpaceDaily.com
ESA scientists say Philae lander will wake up in 2015

SpaceX to try to 'precision-land' rocket in ocean

Anti-Ballistic Missile Treaty Between USSR, US in Details

Atlas 5 launches spysat payload for NRO

Lockheed Martin opens MUOS application development facility

Israel, US in abortive missile defence test

Room temp quantum optics chip geneates tunable photon-pair spectrum

OIL AND GAS

Iranian economy tied too hard to oil, commissioner says
The Iranian government should work to take oil revenue out of its total budget to protect the economy from market dynamics, a commissioner said Tuesday. ... more
OIL AND GAS

U.S. drivers saving millions of dollars on gas
Consumer benefits of low oil prices are "abundantly clear" as U.S. drivers are saving more than $400 million per day on gasoline, motor club AAA said. ... more
OIL AND GAS

Oil Price Tumbles After OPEC Releases 2015 Forecast
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just ... more
OIL AND GAS

More Kurdish oil expected after field upgrades
Oil companies working in the Kurdish north of Iraq said Tuesday they completed infrastructure that should increase total production by more than 60 percent. ... more
OIL AND GAS

Chinese slowdown further drag on oil
Signs of a slowdown in Chinese manufacturing hammered an already-bruised oil market, pushing Brent crude oil to its lowest point in five years. ... more

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OIL AND GAS

Oil price indices get minor lift
Though OPEC ministers said the market will determine the floor, crude oil prices rallied Monday on word Libyan clashes closed two key oil terminals. ... more
OIL AND GAS

North Sea oil player, Noreco, hurt by low oil prices
Noreco, a Norwegian energy company focused on North Sea oil operations, said Monday its financial situation was deteriorating because of low oil prices. ... more
Military Space News, Nuclear Weapons, Missile Defense
Danger in the skies as Russia, NATO play cat-and-mouse

Sony cancels parody film as NKorea suspected over hack

Palestinians seek Arab backing for UN resolution

Taiwan's ailing economy major challenge for leadership hopefuls

Russian Nuclear-Powered Submarine Vladimir Monomakh

Iran nuclear talks resume in Geneva

DARPA developing first-ever maneuverable bullet

OIL AND GAS

New major gas find offshore Israel

OIL AND GAS

Offshore Congo exceeds Eni's expectations

OIL AND GAS

China extends $2bn credit line to Angolan state oil firm

OIL AND GAS

Impact and toxicity of biocides used in fracking remains largely unknown

OIL AND GAS

Norway's Oil Decline Accelerating

OIL AND GAS

Apache dumps Australian, Canadian LNG assets

OIL AND GAS

Technology-dependent Emissions of Gas Extraction in the US

OIL AND GAS

Stanford professor discusses minimizing impact of fracking

OIL AND GAS

Iran to seek end to 'cruel' sanctions on energy

OIL AND GAS

After Lima, Peru criticized for oil policies

Crude oil cargo for ESA's first flight with China

US Congress moves to approve Russia sanctions, arms for Ukraine

Too soon to lift oil export ban, Congress hears

EU: Gas security still hinges on Ukraine

Economist: Iran needs oil at $125 per barrel

IEA outlook bruises oil markets further

Boat protest against Canaries oil prospecting

Bangladeshis use sponges to clean oil spill threatening dolphins

U.S. oil group applauds pro-export bill

U.S. House weighs oil export ban

Russia sees promise in energy ties with India

Mexico readies for offshore licensing round

'Catastrophic' Bangladesh oil spill threatens rare dolphins

U.S. importing more Venezuelan oil

Faith in oil prices faltering

KBR announces restructuring plans

Oil price drop a conspiracy, Iran's president says

BP's Dudley seeks to right the ship

Low gas prices will be commonplace, market analysts say

Oil prices slump in response to OPEC report

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