Oil News and Gas News
January 15, 2015
OIL AND GAS
Five Ways To Play The Oil Price Plunge
Washington DC (SPX) Jan 15, 2015
The collapse of the oil price has created losers and winners, and like every major movement in a commodity sector, the trick for investors is figuring out which side of the trade to be on. The most obvious victim of the slide in Brent and WTI prices over the last 6 months has been the major oil producers. Holders of these equities have seen price slides up to 33 percent. The question for oil company investors now is how to determine which of these companies are prepared to weather a sustained peri ... read more
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OIL AND GAS

ITC Global And SES Deploy New Communications Network For Major Oil Producer
Global satellite operator SES and ITC Global have announced a strategic agreement to connect oil and gas operations around the world. As part of the alliance, the companies also announced an agreeme ... more
OIL AND GAS

White House announces new methane emission controls
The White House announced Wednesday a series of measures aimed at reducing emissions of methane, one of the most potent greenhouse gases, as part of efforts to fight climate change. ... more
OIL AND GAS

No change in oil export policy, White House says
There has been no change in U.S. policy regarding the export of domestically produced crude oil, the president's spokesman said. ... more
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OIL AND GAS

Medvedev: Russian economy will endure
Russia's economy has the reserve support to adapt to evolving market conditions brought on by sanctions and low oil prices, the prime minister said Wednesday. ... more


OIL AND GAS

Oil markets tread water after World Bank report
Crude oil markets were treading water early in the Wednesday session after the World Bank said global economic growth was lower than expected. ... more
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OIL AND GAS

Canada's Suncor Energy cuts spending plans
Canadian oil company Suncor Energy said it was cutting more than $800 million in capital spending in response to the low price for crude oil. ... more
OIL AND GAS

Eni strengthens role in Egypt
Italian energy company Eni said Wednesday it strengthened its legacy position in Egypt by signing two agreements to work in the country's Mediterranean waters. ... more
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OIL AND GAS

The Real Cause Of Low Oil Prices
With all the conspiracy theories surrounding OPEC's November decision not cut production, is it really not just a case of simple economics? The U.S. shale boom has seen huge hype but the numbers spe ... more
OIL AND GAS

U.S. gas prices in a free fall, AAA says
Prices for crude oil and gasoline are in a "free fall," suggesting it would take a major market event for U.S. gas prices to go up, a AAA spokesman said. ... more
OIL AND GAS

Iran says Saudi will suffer more from oil price slide
President Hassan Rouhani said Tuesday that Iran would withstand the economic pain of plummeting oil prices, with Saudi Arabia and Kuwait likely to suffer more from the slump. ... more
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OIL AND GAS

More signs of Canadian oil slowdown
In a sign of a slowdown in the Canadian energy sector, Canadian Natural Resources said it cut its capital spending and production forecast as oil prices fall. ... more
OIL AND GAS

British economic slowdown dings oil prices
Signs of a slowdown in the British economy helped push oil prices, already at historic lows, further into negative territory in the Tuesday session. ... more
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OIL AND GAS

Cairn maintains North Sea focus
Scotland-based Cairn Energy said Tuesday it was fully committed to developments in the North Sea despite grim forecasts for the regional energy sector. ... more
OIL AND GAS

Obama called on to drop KXL veto threat
The American Petroleum Institute called on President Obama to reconsider his threat to veto the Keystone XL oil pipeline amid congressional support. ... more
OIL AND GAS

Halliburton ruffles British shale feathers
U.S. oil and gas services company Halliburton may play a role in the British shale sector, though environmental advocates are concerned by legacy issues. ... more
OIL AND GAS

Patria, Kongsberg team in contract bid
Two Scandinavian defense companies have partnered to jointly obtain a vehicle and weapon systems contract in the Middle East. ... more
OIL AND GAS

China's oil production increases
Chinese data from Tuesday show crude oil production in 2014 increased nearly a full percentage point, staying above a threshold rate for five straight years. ... more

OIL AND GAS

What cheap gas? Some automakers still push electrics
Cheap fuel prices are not deterring some automakers from building up their offerings of alternative fuel vehicles. ... more
OIL AND GAS

Rig maker Lamprell expects tough year
Emirati rig builder Lamprell said Monday it expects the weak market for crude oil will impact its ability to land new contracts in 2015. ... more
Military Space News, Nuclear Weapons, Missile Defense
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OIL AND GAS

North Sea oil and gas up against wall

OIL AND GAS

Oil markets are bleeding red

OIL AND GAS

Scotland calls for North Sea reforms

OIL AND GAS

Algeria looks to invest $70 bn in shale gas over 20 years

OIL AND GAS

LNG demand not materializing in Asia

OIL AND GAS

Oil prices end brief weekly rally

OIL AND GAS

Baker Hughes: U.S. oil and gas work steady

OIL AND GAS

GOP leadership pushes natural gas developments

OIL AND GAS

Spill reported in North Dakota

OIL AND GAS

Nebraska court clears path of Keystone XL

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U.S. oil production holding steady

Oil price slump hits Canadian producer

World Bank sees oil prices shifting economic dynamics

Canada jumps into Keystone XL fray

Oil mixed in Wednesday session

Freezing rain impacts Texas oil operations

Oil markets holding steady on mixed economic news

North Dakota defiant despite low oil prices

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Turkey remains keen on European gas

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Keystone XL job No. 1, GOP says

AAA: Gas prices should stay low short-term

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