Oil and Gas News

February 09, 2015

Rise Of The Vulture Investing Class
Washington DC (SPX) Feb 10, 2015
The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner, it won't just be oil companies that will be feeling the pain: their lenders will also face some steep losses if drillers can't come up with the cash to cover debt payments. Drilling for oil is an expensive process. Until the oil begins to flow, companies have to shell out cash without seeing much in return. Without revenues from other wells already in production ... read more

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Feb 07

Feb 06

Feb 05

Feb 04

Feb 03

Arsenic stubbornly taints many US wells Naturally occurring arsenic in private wells threatens people in many U.S. states and parts of Canada, according to a package of a dozen scientific papers to be published next week. The studies, foc ... more		U.S. oil production down, OPEC says Apart from Texas and North Dakota, oil production from the Lower 48 states is on the decline, OPEC said in its market report for February. ... more		Oil markets keep upward momentum Oil prices extended their rally into the second week of February in response to an upbeat market assessment in OPEC's latest market report. ... more
				Iraqi oil production setting records Iraqi oil production grew at a faster rate than any country apart from the United States, analysis from the U.S. Energy Information Administration found. ... more		Iran keeps spending despite oil price slump Despite the slump in oil prices, the Iranian government aims to invest more than $16 billion in development projects, a planning director said. ... more

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Light for British shale gas work turning green With federal permits in hand, British shale gas pioneer Cuadrilla Resources said Friday it was committed to a light environmental permit despite public uproar. ... more		Kremlin: West declared economic war on Russia Low credit ratings issued against a Russian economy crippled by low oil prices and sanctions are part of a Western economic war, a Kremlin official said Friday. ... 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		Oil, gas acreage in Gulf of Mexico up for auction More than 40 million acres in the U.S. Gulf of Mexico will go on the auction block in March for exploration and development, the U.S. government said. ... more
				Norway's Statoil hit by low oil prices Norwegian energy company Statoil said Friday fourth quarter earnings were affected by declining oil prices, though production forecasts were strong. ... more		Spending cuts drive rally for crude oil Crude oil prices extended their rally Friday, posting some of the biggest two-week gains in recent trading as markets show signs of moving above a floor price. ... more

Some Kurdish oil exports suspended Exports from the Kurdish north of Iraq through Turkey are suspended while payment negotiations continue, Gulf Keystone Petroleum said Friday. ... more		Philippines urges China to show respect in South China Sea 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. ... 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		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

	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

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

U.S. refinery strike not impacting operations		EPA wants further review of Keystone XL		Booz Allen Hamilton expands into Asia		Kremlin denies it's in oil talks with Riyadh		Oil prices pull back from recent gains
Chinese oil company cutting spending		Low oil prices threaten EU border economies		Subsidies may curb Islamic State oil financing		Oil price rally continues		Shell to dismantle Brent platform

BP works on strategic reset

AAA: Gas prices rising, but pain less severe

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

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