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News About Oil And Gas
July 20, 2016
Former Apache boss nabs Cabinet job in Alaska
Junau, Alaska (UPI) Jul 19, 2016
A veteran oil and gas executive with experience at BP and Apache Corp. is the next member of the state Cabinet, Alaska Gov. Bill Walker said. Walker appointed John Hendrix, a veteran with BP and former general manager for Apache Alaska, as the chief oil and gas advisor for the state. The governor said in a statement the former executive, who was part of BP's first operations in Russia, will help steer Alaska through a weak period in the oil economy. "As Alaska navigates this new reality ... read more

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Satellite Services supplies on-board sub-systems for smallsats and microsats.
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Gazprom deploys fracking effort
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No change in North Dakota rig count
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Another win for services company Wood Group
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
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U.S. shale player Sanchez boosts production
U.S. shale oil and natural gas company Sanchez Energy said, during an era of lower crude oil prices, net production during the second quarter improved. ... more
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Companies getting good at life at $50 per barrel
Energy companies are growing accustomed to low oil prices, though some projects still may be left on the shelf if markets stay put, Wood Mackenzie finds. ... more
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AAA: Gas prices at a 12-year low
Gasoline production in the United States is at an all-time high, pushing retail prices to their lowest point in more than a decade, motor club AAA reports. ... more
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Oil prices mixed on IMF pessimism and supply constraints
Security concerns in Turkey and Libya balanced against a grim report from the International Monetary Fund, leaving oil prices mixed in early Tuesday trading. ... more
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API president in Cleveland calls for better energy policies
With U.S. oil production up more than 80 percent from a decade ago, the American Petroleum Institute called for national leaders to support that momentum. ... more
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Colorado touts labor sector performance
Despite a revenue stream under pressure from low oil prices, a Colorado study finds an educated work force means earnings are higher than the national average. ... more
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New pipeline entity emerges in Calgary
Canadian energy company Husky said Monday it closed on the transactions necessary to set up a pipeline company in Alberta and Saskatchewan. ... more
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Oil prices sag on British banker's concerns
Crude oil prices turned sharply lower in Monday trading after a British bank leader said uncertainty surrounding the exit from the EU would affect demand. ... more
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Tesoro to pay $425 million over air quality violations
US oil refining group Tesoro Corp. reached a $425 million settlement Monday with the Justice Department and the US Environmental Protection Agency to resolve air quality violations. ... more
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Russia extends sympathy to potential energy partner Turkey
The Russian government views an attempt to undermine the government of its key energy trading partner Turkey as unacceptable, President Vladimir Putin said. ... more
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Iran drafting list of eligible oil and gas vendors
There are dozens of companies that may qualify to develop Iranian oil and gas fields and a full list will be released in due course, a managing director said. ... more
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Alberta works to green up oil sector
After allowing energy companies early entry into a royalty scheme, Alberta's government said it formed an advisory panel to address sector emissions. ... more
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Woodside grabs more Senegalese oil
Australian energy company Woodside said it was wading into the waters off the coast of Senegal after acquiring assets from Conoco Philips for $350 million. ... more
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Citibank to close key Venezuela payment account: Maduro
Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said Monday, accusing the US-based bank of mounting a "financial blockade." ... more
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Schlumberger in $300 million deal offshore Australia
More than $300 million in contracts for the upstream side of the energy sector goes toward developing offshore Australia, a division of Schlumberger said. ... more
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Moody's: Oman exposed to economic risk
The heavy economic reliance on oil and gas for revenue means Oman is more exposed to economic risk that its peers, Moody's Investors Service said. ... more
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Military Space News, Nuclear Weapons, Missile Defense
New Naval Sonar Network to Allow Russia to 'Hear' Enemy Subs Via Satellites

Will Russia and China Build an SCO-Based Joint Missile Defense System

Russia Designing Blimps Aimed at Reducing Threat of US Cruise Missiles

China, North Korea envoys hold talks in Laos

Raytheon developing next-gen airborne communications

China victory as SE Asian nations go easy on sea row

Syria regime pounds Aleppo as UN backs call for truce

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Oil prices brush off Chinese woes in wake of Nice attack
European economic and security concerns pushed crude oil prices higher early Friday after overnight losses brought on by weakness in China. ... more
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Oklahoma rocked by a week of seismic events
Shale-rich Oklahoma experienced more than a dozen seismic events in the five days ending Friday, data from the U.S. Geological Survey show. ... more
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Iran extends energy hand to Europe
Iran could step in to help address European energy security concerns once the doors to financial regimes open, the speaker of the Iranian parliament said. ... more
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Militants claim attack on Exxon as Shell shuts Nigerian pipeline
The Niger Delta Avengers (NDA) group said it had bombed an ExxonMobil facility in southern Nigeria just as Shell announced closure of a key oil pipeline, in the latest blow to output. ... more
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EIA: Gas prices peaked in June
Retail gasoline prices in the United States should hold more or less steady through the end of summer as demand remains steady, a federal review finds. ... more
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Iraqi oil group to restructure debt
Iraqi-focused energy company Gulf Keystone Petroleum said it appointed a new chairman and was moving ahead with a restructuring option to address debt. ... more
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New reserves uncovered in North Sea
The Norwegian government confirmed Wednesday an oil and gas discovery was made in a North Sea area not previously known to contain hydrocarbons. ... more
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Weathered oil in Gulf of Mexico may threaten development of fish embryos and larvae
The Deepwater Horizon (DWH) oil spill, in which nearly three million barrels of crude oil got released in 2010 into the northern Gulf of Mexico, is the worst oil disaster in US history, contaminatin ... more
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