Oil and Gas News

February 07, 2015

Philippines urges China to show respect in South China Sea
Manila (AFP) Feb 5, 2015
The Philippines accused China on Thursday of ramming Filipino fishing boats off a disputed shoal in the South China Sea, and demanded its powerful neighbour respect its sovereignty over the potential flashpoint territory. The foreign ministry said it has sent two notes of protest over the January 29 incident off Scarborough Shoal as well as the removal of critically endangered giant clams by Chinese fishermen in the area a week earlier. A Chinese foreign ministry spokesman disputed Manila's ver ... read more

Previous Issues

Feb 05

Feb 04

Feb 03

Feb 02

Crude oil markets resume rally Oil prices rebounded from steep declines early in the trading day Thursday after the Shanghai Composite Index rose on word of Chinese stimulus. ... more		Drilling company Maersk cuts staff It would be "irresponsible" not to react to the low oil price climate and keep staffing levels in place, Danish oilfield services company Maersk Drilling said. ... more		Alberta's premier stumps for Keystone XL While clearly in the region's interests, the energy relationship between the United States and Canada is about more than Keystone XL, Alberta's premier said. ... more
				London pressed to ban fracking An environmental advocacy group said it's time for the British government to follow its peers and enact a moratorium on hydraulic fracturing. ... more		Energy tops EU-U.S. trade agenda Trade with the United States could remove obstacles inhibiting European efforts to break Russia's grip on the energy sector, a commissioner said Thursday. ... more

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Lower 48 oil production declines Total U.S. oil production declined by about one half of one percent for the week ending Jan. 30, with output from the Lower 48 slowing down, data show. ... more		Russia's Support of Assad Flexible if Saudis Promise to Cut Oil Output 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 Sp ... more		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		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
				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		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

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		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		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		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
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		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 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		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

	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		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

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

Study details future of oil and gas development in the Western Amazon		Renewables Top Natural Gas for New US Generating Capacity in 2014		Oil Prices Changing The Face Of Global Geopolitics		Where did the missing oil go? Study says some sitting on the Gulf floor		Gazprom gets AAA rating from Chinese agency
Dana Gas building momentum in Egypt		Pakistan prepares for Saudi royal to hunt protected birds		Brent hovers above $50, maintaining streak		U.S. oil refinery workers go on strike		Libyan oil official released; kidnappers still unidentified

Exxon latest to have poor 4Q showing

Lies And Deception In Ukraine's Energy Sector

Pennsylvania reinstates drilling moratorium

WTI falls near 10-year low

U.S. labor numbers lift oil prices

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

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

Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.