Oil News and Gas News
January 21, 2015
OIL AND GAS
Ukraine, Poland ink gas pipeline deal
Kiev, Ukraine (UPI) Jan 20, 2015
The Ukrainian prime minister announced a pipeline deal with neighboring Poland that diversifies the energy sector with better access to liquefied natural gas hubs. Ukrainian company Naftogaz signed a deal with its Polish counterparts, Gaz-System, to build a pipeline between the two countries. Ukrainian Prime Minister Arseniy Yatsenyuk said the deal ensures his country remains an important hub in the European energy market. It's not a reverse pipeline, "but it means an access to gas from ... read more
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OIL AND GAS

Schlumberger takes stake in Russian driller
Oil services company Schlumberger said Tuesday it spent roughly $1.7 billion to take a minority stake in a Russian driller, a week after announcing layoffs. ... more
OIL AND GAS

Russia taps Far East oil field
Hobbled by sanctions, Russian energy company Rosneft announced it joined its U.S. partners at Exxon Mobil in starting oil production from a Far East field. ... more
OIL AND GAS

Norway updates Arctic ice map in boost to oil exploration
Norway wants to redefine the contours of the Arctic ice edge, the government announced Tuesday in a controversial decision that would further open the Barents Sea to oil and gas exploration. ... more
OILGASDAILY


OIL AND GAS

Clean energy risks over oil price fall: French minister
The fall in oil prices poses a threat to global efforts to boost renewable energy use and lower carbon emissions, France's ecology and energy minister said Monday. ... more


OIL AND GAS

Bulgaria: We're here to serve EU energy
Bulgaria can serve as an important energy bridge for members of the European Union, Bulgarian Foreign Minister Daniel Mitov said. ... more
Military Radar Summit 2015
Small Modular Reactors - USA - 2015
Nuclear Decommissioning Conference Europe May 2015

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OIL AND GAS

British fracking takes early steps
British shale pioneer Cuadrilla Resources was granted the environmental permits necessary to carry out at shale work in Lancashire, the government said Friday. ... more
OIL AND GAS

British shale set for real-time monitoring
In a regional first, the British Geological Survey said Thursday independent monitors would study two hydraulic fracturing sites in Lancashire in real time. ... more
24/7 News Coverage
Climate change causing havoc with global water cycle: UN
Schools shut, flights cancelled as Typhoon Ragasa nears Hong Kong
Over 60,000 Europeans died from heat during 2024 summer: study
OIL AND GAS

Schlumberger latest casualty of oil price decline
Though fourth quarter revenue increased 6 percent from 2013, the world's largest oil services company, Schlumberger, said it was resizing. ... more
OIL AND GAS

Repsol scraps oil probe off Canaries tourist islands
Energy giant Repsol abandoned its controversial search for oil and gas off Spain's Canary Islands Friday, delighting locals and environmentalists but dashing Madrid's hopes that the project would ease its energy dependency. ... more
OIL AND GAS

Oil price slump puts at risk clean energy push: experts
Falling oil prices could have a negative impact on global efforts to develop renewable energy sources, experts warned Saturday at a conference in Abu Dhabi. ... more
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OIL AND GAS

Gas exports down for Canada
The Canadian government said exports of natural gas to the United States were 5 percent lower year-on-year thanks in part to the U.S. shale boom. ... more
OIL AND GAS

Oil tries rally 2.0 in Friday session
A positive demand outlook Friday from the International Energy Agency helped lift oil prices, which struggled to maintain a rally in the previous session. ... more
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OIL AND GAS

Range Resources makes most of low price climate
U.S. shale leader Range Resources said it trimmed 2015 spending plans by more than 30 percent, but was betting on Marcellus shale for continued success. ... more
OIL AND GAS

Repsol ends Canaries oil probe due to poor deposits
Spanish energy giant Repsol on Friday abandoned a controversial oil and gas exploration off the Canary Islands saying it only found small deposits that were not worth drilling. ... more
OIL AND GAS

BP: Gulf of Mexico fines will be on low end
With a court rejecting a federal estimate of the Gulf of Mexico oil spill, BP said it was confident a penalty would be on the low end of what's considered. ... more
OIL AND GAS

Five Ways To Play The Oil Price Plunge
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 ... more
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

Banks mixed on impact of low crude oil prices
The Federal Reserve Bank of Dallas said in its latest forecast it was less optimistic about its outlook for the year because of the low price of oil. ... more
OIL AND GAS

GOP pushes again to ease LNG exports
A bill putting a time limit on applications for permits to build U.S. facilities to export liquefied natural gas removes bureaucratic hurdles, its sponsor said. ... more
Military Space News, Nuclear Weapons, Missile Defense
HawkEye 360 expands signals intelligence network with operational deployment of Cluster 12
York confirms successful deployment and health of 21 satellites for SDA Tranche 1 mission
Spain faces uphill battle to cut Israel military ties: experts
OIL AND GAS

BP off hook for several billion dollars in oil spill fines

OIL AND GAS

BP cuts North Sea workforce

OIL AND GAS

Oil prices rally from brink of six-year lows

OIL AND GAS

White House announces new methane emission controls

OIL AND GAS

No change in oil export policy, White House says

OIL AND GAS

Medvedev: Russian economy will endure

OIL AND GAS

Oil markets tread water after World Bank report

OIL AND GAS

Canada's Suncor Energy cuts spending plans

OIL AND GAS

Eni strengthens role in Egypt

OIL AND GAS

Russian economy in crisis mode

Iran out billions of dollars in oil revenue

The Real Cause Of Low Oil Prices

U.S. gas prices in a free fall, AAA says

Iran says Saudi will suffer more from oil price slide

More signs of Canadian oil slowdown

British economic slowdown dings oil prices

Cairn maintains North Sea focus

Obama called on to drop KXL veto threat

Halliburton ruffles British shale feathers

Patria, Kongsberg team in contract bid

China's oil production increases

What cheap gas? Some automakers still push electrics

Rig maker Lamprell expects tough year

North Sea oil and gas up against wall

Oil markets are bleeding red

Scotland calls for North Sea reforms

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

LNG demand not materializing in Asia

Oil prices end brief weekly rally

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

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