Oil News and Gas News
January 22, 2015
OIL AND GAS
Canada's ambassador presses Obama on Keystone pipeline
Washington (AFP) Jan 22, 2015
Canada's envoy to Washington urged US President Barack Obama Thursday to approve the long-delayed Keystone XL oil pipeline, saying he wants to "correct the myths" about the controversial project. Ambassador Gary Doer met in the US Capitol with two senators - one Democrat, one Republican - who support the pipeline that would transport Alberta oil sands crude to refineries along the US Gulf Coast. Doer said environmental studies, along with Obama's own criteria for a pipeline, "would allow and r ... read more
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OIL AND GAS

Montana continues oil spill response
While Montana officials said a water plant is clear of contaminants, environmental responders advised against eating fish caught near the site of an oil spill. ... more
OIL AND GAS

IMF: Venezuela wounded by low oil prices
Venezuela's economy will decline more than any other in the region as a result of the drop in oil prices, analysis from the International Monetary Fund found. ... more
OIL AND GAS

U.S. consumers to save big on gasoline costs
If gasoline price forecasts for 2015 are accurate, U.S. consumers should save an aggregate $125 billion in fuel costs, analysis published Thursday finds. ... more
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OIL AND GAS

Oil markets mixed after ECB action
Oil price indices were mixed early in the Thursday session as traders tried to make sense of the bond-buying initiative from the European Central Bank. ... more


OIL AND GAS

North Dakota produced water release among state's largest
A produced water release from a North Dakota oil site presents no public health risk, a company said, though the 70,000 barrels spilled is among the largest. ... more
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OIL AND GAS

Kinder Morgan takes pole position in Bakken
Midstream energy company Kinder Morgan announced it spent roughly $3 billion to acquire a rival pipeline company operating in the Bakken play in North Dakota. ... more
OIL AND GAS

Gazprom committed to Ukraine
Russian energy company Gazprom remains committed to its contractual obligations in Ukraine, company chairman Alexei Miller said. ... 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

Back To Basics: Why Conventional Drilling Makes Sense in 2015
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional beco ... more
OIL AND GAS

British shale ambitions hit snag
County officials in the heart of the fledgling British shale natural gas sector balked on a permit Wednesday for Cuadrilla Resources because of noise pollution. ... more
OIL AND GAS

Montana oil spill contaminates water supply
Residents in a Montana community affected by the Yellowstone River oil spill are urged to find alternative sources of drinking water, a county government said. ... more
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OIL AND GAS

Oil markets follow Shanghai Composite's lead
Crude oil futures followed Wednesday's recovery in the Shanghai Composite Index to partially erase the historic slump seen in the previous session. ... more
OIL AND GAS

Norway draws record offshore interest
German energy company Wintershall said Wednesday there were emerging opportunities offshore Norway, where it's one of the largest stakeholders. ... more
Space News from SpaceDaily.com
NASA Dragonfly Mission Advances Through Crucial Development and Testing Stages
SATNUS completes third NGWS flight campaign with autonomous systems integration
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OIL AND GAS

Keystone XL: An elephant in the room
While touting oil independence during his State of the Union, it was the one word missing from the address, Keystone, that drew criticism for President Obama. ... more
OIL AND GAS

Hayward's Genel keeps chin up despite slump
Though expenses for the year will be cut to adjust for low oil prices, British explorer Genel Energy said Wednesday its Iraqi oil production was resilient. ... more
OIL AND GAS

Philippines says China expanding South China Sea reclamation
Philippine officials accused China on Wednesday of expanding reclamation work in disputed waters of the South China Sea, as the United States again called for restraint in the territorial conflict. ... more
OIL AND GAS

Moscow: Turkish Stream the new South Stream
Moscow said Wednesday a Turkish gas project will help ensure European energy security, the same reason given for the abandoned South Stream pipeline. ... more
OIL AND GAS

Ukraine, Poland ink gas pipeline deal
The Ukrainian prime minister announced a pipeline deal with neighboring Poland that diversifies the energy sector with better access to liquefied natural gas hubs. ... more

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
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

Norway updates Arctic ice map in boost to oil exploration

OIL AND GAS

Clean energy risks over oil price fall: French minister

OIL AND GAS

Bulgaria: We're here to serve EU energy

OIL AND GAS

British shale set for real-time monitoring

OIL AND GAS

Schlumberger latest casualty of oil price decline

OIL AND GAS

Repsol scraps oil probe off Canaries tourist islands

OIL AND GAS

Oil price slump puts at risk clean energy push: experts

OIL AND GAS

Gas exports down for Canada

OIL AND GAS

Oil tries rally 2.0 in Friday session

OIL AND GAS

Range Resources makes most of low price climate

Repsol ends Canaries oil probe due to poor deposits

BP: Gulf of Mexico fines will be on low end

Five Ways To Play The Oil Price Plunge

ITC Global And SES Deploy New Communications Network For Major Oil Producer

Banks mixed on impact of low crude oil prices

GOP pushes again to ease LNG exports

BP off hook for several billion dollars in oil spill fines

BP cuts North Sea workforce

Oil prices rally from brink of six-year lows

White House announces new methane emission controls

No change in oil export policy, White House says

Medvedev: Russian economy will endure

Oil markets tread water after World Bank report

Canada's Suncor Energy cuts spending plans

Eni strengthens role in Egypt

British fracking takes early steps

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

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