Oil News and Gas News
February 05, 2015
OIL AND GAS
Russia's Support of Assad Flexible if Saudis Promise to Cut Oil Output
Moscow, Russia (Sputnik) Feb 05, 2015
Russia's support of Syrian President Bashar Assad could be swayed if Saudi Arabia promises to cut oil output, as it will lead to higher oil prices profitable for the Russian economy, experts told Sputnik news agency Wednesday. "Russia would be amenable to a deal to remove Assad because Russia is spending lots of money on Assad and Assad is not winning anyway. Russia would like to stop the expense of providing Assad with weapons and spare parts," Kenneth Katzman, a Middle East analyst for the nonpa ... read more
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OIL AND GAS

U.S. refinery strike not impacting operations
A strike at U.S. refineries by the United Steelworkers union isn't curbing operations at the affected plants, a monitoring group said. ... more
OIL AND GAS

Booz Allen Hamilton expands into Asia
U.S. consulting company Booz Allen Hamilton has established an office in Singapore to oversee company business in the Asia-Pacific region. ... more
OIL AND GAS

Kremlin denies it's in oil talks with Riyadh
There's no validity to reports Saudi Arabia may be discussing oil production cuts with Russia in exchange for concessions on Syria, an official said Wednesday. ... more
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OIL AND GAS

Oil prices pull back from recent gains
Oil prices early in the Wednesday session pulled back from recent gains as concerns about volatility linger in the marketplace for crude. ... more


OIL AND GAS

EPA wants further review of Keystone XL
A statement from the EPA on how low oil prices may influence decisions on Keystone XL pipeline ruffled feathers, with the industry crying foul. ... more
Military Radar Summit 2015 26th Space Cryogenics Workshop Small Modular Reactors - USA - 2015 Nuclear Decommissioning Conference Europe May 2015
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OIL AND GAS

Chinese oil company cutting spending
China National Offshore Oil Corp. is working to control costs in its 2015 development plan in response to falling oil prices, its financial officer said. ... more
OIL AND GAS

Low oil prices threaten EU border economies
The fall in oil prices may help short-term, but deflationary pressures are expected to spill out of the borders of countries in the eurozone, the IMF 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

Subsidies may curb Islamic State oil financing
Western supporters fighting the group calling itself the Islamic State should consider subsidizing regional fuels to curb terror financing, a U.S. scholar said. ... more
OIL AND GAS

Oil price rally continues
Crude oil prices continued their rally Tuesday, with West Texas Intermediate moving above $50 per barrel on signs of more cuts in corporate spending. ... more
OIL AND GAS

Shell to dismantle Brent platform
Taking down a legacy platform in the North Sea is part of the natural stage of maturation in the Brent oil and gas field, Royal Dutch Shell said Tuesday. ... more
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OIL AND GAS

BP works on strategic reset
British energy company BP is entering a reset phase focused on streamlined spending in the low oil price climate, Chief Executive Bob Dudley said Tuesday. ... more
OIL AND GAS

AAA: Gas prices rising, but pain less severe
While it's not uncommon for retail gasoline prices in the United States to spike 30 cents in February, motor club AAA said prices will remain at historic lows. ... 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
SFL Missions to Deliver Spacecraft Buses for HawkEye 360 RF Signal Detection Expansion
OIL AND GAS

Study details future of oil and gas development in the Western Amazon
The western Amazon--a vast region encompassing the Amazonian portions of Bolivia, Colombia, Ecuador, Peru, and western Brazil--is one of the world's last high-biodiversity wilderness landscapes. It ... more
OIL AND GAS

Renewables Top Natural Gas for New US Generating Capacity in 2014
Ending a year-long race that had been nip-and tuck every month, renewable energy sources cumulatively provided more new electric generating capacity in 2014 than did natural gas. According to ... more
OIL AND GAS

Oil Prices Changing The Face Of Global Geopolitics
In a documentary that aired recently on the Canadian Broadcasting Corporation's popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was describe ... more
OIL AND GAS

Where did the missing oil go? Study says some sitting on the Gulf floor
After 200 million gallons of crude oil spilled into the Gulf of Mexico in April 2010, the government and BP cleanup crews mysteriously had trouble locating all of it. Now, a new study led by F ... more
OIL AND GAS

Gazprom gets AAA rating from Chinese agency
Russian energy company Gazprom has one of the best outlooks in the industry despite sanctions, a Chinese credit rating agency said Monday. ... more

OIL AND GAS

Dana Gas building momentum in Egypt
Emirati energy company Dana Gas said there was positive momentum building behind its exploration and production operations in Egypt. ... more
OIL AND GAS

Pakistan prepares for Saudi royal to hunt protected birds
Pakistani authorities are finalising arrangements for a Saudi prince to visit its southwestern desert region to hunt the Houbara bustard, a bird supposedly protected by law, officials said Monday. ... 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

Brent hovers above $50, maintaining streak

OIL AND GAS

U.S. oil refinery workers go on strike

OIL AND GAS

Libyan oil official released; kidnappers still unidentified

OIL AND GAS

Exxon latest to have poor 4Q showing

OIL AND GAS

Lies And Deception In Ukraine's Energy Sector

OIL AND GAS

Pennsylvania reinstates drilling moratorium

OIL AND GAS

WTI falls near 10-year low

OIL AND GAS

U.S. labor numbers lift oil prices

OIL AND GAS

Stanford scientists use ocean waves to monitor offshore oil and gas fields

OIL AND GAS

Oil markets mixed on U.S. GDP numbers

Chevron latest low oil price casualty

Venezuela authorizes use of deadly force at demos

Yellowstone River oil recovery resumes

Keystone XL need mulled in shale era

Indigenous Peruvians occupy oil wells

Shell preaches resiliency despite spending cut

U.S.: Iran's oil production capacity curbed

Iraq cuts budget due to falling oil prices

Scotland enacts fracking moratorium

China-Myanmar crude pipeline opens: Chinese state media

Top Canadian oil producer cuts spending

Hess Corp. has rough fourth quarter

Iraq, Shell initial $11-billion petrochemical deal

Oil spill reported in North Dakota

Murkowski fed up with Obama energy policies in Alaska

Britain's Guardian: Shale gas 'questionable'

Russia needs oil at $78 to break even

U.S. gas prices decline streak ends

Hess trims 18 percent from Bakken spending

Ghana to make economic strides with natural gas

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