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News About Oil And Gas
August 18, 2016
More North Sea oil pending
London (UPI) Aug 17, 2016
Sending samples off to a Scottish testing site is an important step in confirming millions of barrels of oil for development, a North Sea-focused company said. Independent Oil and Gas said it was sending oil pulled from its Skipper discovery in the northern waters of the North Sea for testing. "The initial data acquired from the Skipper well, our first operated well, is an excellent result," CEO Mark Routh said in a statement. "This is a significant step for [our company] towards achievi ... read more

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Kremlin determined after Polish gas pipeline decision
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OPEC rumors catch up with U.S. gas prices
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More drilling starts in the North Sea
London-listed Faroe Petroleum said it started an exploration program in the North Sea with its Norwegian partners as the region stages production gains. ... more
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Wood Group helps get Kazakh oil flowing
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Iran touts strong economic growth
Not counting the contributions from oil, the Iranian economy grew 4.4 percent in the three months ending March 20, the government said. ... more
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Brazil to get help with hard-to-reach black gold
French engineering company Technip said it started work on a contract that could help Brazilian oil company Petrobras tap hard-to-reach offshore reserves. ... more
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Senegal oil continues to impress Cairn Energy
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Oil prices choppy on steady consumer price index
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North Dakota rig count lower for second week
As of Monday, the number of rigs actively exploring for or producing oil and natural gas in North Dakota was lower for a second straight week, state data show. ... more
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Cuban oil surveys progressing
A study assessing the resource potential for parts of Cuba is progressing as planned and quickly becoming a key portfolio component, MEO Australia said. ... more
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BHP Billiton had a challenging year
Australian company BHP Billiton, the largest of its kind, said Tuesday it expected payoffs from fiscal discipline after reporting its worst-ever loss. ... more
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Islamic State oil commander dead
A commander in charge of oil for the Islamic State was killed in operations led by multilateral forces near the Syrian border, the Kurdish government said. ... more
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Rosneft taps into Vietnamese gas field
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U.S. oil more resilient than thought
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North Sea labor strikes suspended
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Statoil to develop cross-border gas field
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