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News About Oil And Gas
April 15, 2017
Shell claims low-carbon edge
Washington (UPI) Apr 12, 2017
One of the largest oil companies in the world, Royal Dutch Shell said Wednesday it was focused on a low-carbon strategy that was geared toward long-term growth. Shell highlighted its movement through a changing energy landscape in a sustainability report on activities last year. Chief Executive Officer Ben van Buerden said in the report that lower crude oil prices and a global community coordinated around the U.N.-backed Paris climate agreement meant changes were necessary for the oil and gas b ... read more

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Satellite Services supplies on-board sub-systems for smallsats and microsats.
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Russia plans to cut oil output by 300,000 barrels per day
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No end in sight for rally on crude oil prices
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Norwegian company Aker BP posts production gains
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
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Anticipating hazards from fracking-induced earthquakes in Canada and US
As hydraulic fracturing operations expand in Canada and in some parts of the United States, researchers at the 2017 Seismological Society of America's (SSA) Annual Meeting are taking a closer look a ... more
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Florida lawmaker fending off calls for oil and gas drilling
Amid calls for more oil and gas drilling, a Democratic senator in Florida said he was "beating back" pressure for exploration in the Gulf of Mexico. ... more
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Thanks, but no thanks, BHP Billiton tells hedge fund
Australian energy and mining company BHP Billiton has everything in place to increase shareholder value, it said in response to calls to break up its portfolio. ... more
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Gas prices up on geopolitical tensions, end of winter
A steady rise in crude oil prices and maintenance at the nation's refineries means steady pain at the pump for U.S. motorists, motor club AAA reports. ... more
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Libya estimates field closure costing $9.8 million per day
The closure of one of the largest oil fields in Libya means a loss of about $9.8 million and the outage of huge volumes of oil, a national oil company said. ... more
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Potential grows for reserves offshore Norway
The results of an appraisal well in the Edvard Grieg oilfield in Norwegian waters could lead to an increase in the overall reserve estimate, a company said. ... more
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Production down, sales up for Russian gas producer
Novatek, the largest private natural gas producer in Russia, said first quarter gas production was down nearly 10 percent from last year. ... more
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Russia stands by OPEC oil production commitments
Russia will be 100 percent in compliance with the terms of a production deal coordinated by OPEC by the end of the month, Russia's oil minister said. ... more
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Texas drilling activity more than doubled from last year
The total number of original drilling permits more than doubled year-on-year in March, though commercial prospects may be lower, a Texas regulator reported. ... more
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Weak start for oil prices ahead of data dump
Oil prices limped into the trading day early Tuesday after steady gains as investors took stock of the latest supply and demand trends. ... more
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China, Myanmar ink oil pipeline deal
China and Myanmar agreed a deal on a crude oil pipeline between the neighbouring countries as part of a raft of agreements signed when their leaders met Monday in Beijing. ... more
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OMV sees Libya as a natural fit
Libya fits in well with a strategy of capitalizing on mature onshore oil basins and service to European energy needs, the head of Austria's OMV said. ... more
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Oil prices rally on geopolitical tensions
Geopolitical factors spilled over into the broader economic mood early Monday to send crude oil prices sharply higher in early trading. ... more
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Brent decommissioning opaque, environmentalists say
Royal Dutch Shell hasn't provided enough information on plans to take down key North Sea infrastructure to address our concerns, environmental groups said. ... more
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Iran sees foreign investments in energy sector stable
Iran expects more, not less, foreign investments in its oil and natural gas sector because of fewer sanctions restrictions, the oil minister said. ... more
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Senegal oil efforts financed, FAR Ltd. says
A cash infusion from the placement of shares in West African oil and gas explorer FAR Ltd. is testimony to the region's potential, its managing director said. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Northrop to integrate missile countermeasure systems for Air Force, Navy

Lockheed flies long-range endurance test flights of Fury unmanned aircraft

China convicts US woman held for 'spying'

US missile system in S.Korea operational soon: US admiral

U.S. Air Force test-launches antiballistic missile from California

N.Korea's Kim must come to 'his senses': US admiral

'All on me:' US admiral takes blame in carrier to N.Korea fiasco

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North American rig count increased in March
Exploration and production activity in North America outpaced the rest of the world in terms of general gains, oilfield services company Baker Hughes reported. ... more
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Conflict-surge in oil prices fades on rig, labor figures
An overnight surge in crude oil prices moderated in the hour before the start of U.S. trading Friday with rig counts and labor figures putting a lid on the rally. ... more
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Norway issues new drilling permits for North and Barents Seas
The government of Norway, one of the largest oil and gas exporters to Europe, said Friday it signed off on new drilling permits in its territorial waters. ... more
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New Zealand defends energy sector in wake of Shell exit
Shell's planned exit from a natural gas field in New Zealand doesn't indicate negativity in the country's natural reserves, a national petroleum manager said. ... more
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Saudi 'fully backs' US strike on Syria base
Saudi Arabia said Friday that it "fully backs" a US air strike on a Syrian government airbase in retaliation for a suspected chemical weapons attack on a rebel-held town. ... more
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Kuwait seeks U.S. support for airbase makeover
The U.S. State Department has approved Kuwait for a possible Foreign Military Sale of support for facilities and infrastructure construction. ... more
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BP revises pay, posts cut for CEO Dudley
British energy company BP said it cut the pay for CEO Bob Dudley as part of a measure that links salaries to the outcome and delivery of the corporate strategy. ... more
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Bulls continue to run for oil prices
Crude oil prices posted steady gains once again as traders moved past data on steady oil storage levels in the United States, but the rally might not last. ... more
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