Oil and Gas News

February 12, 2015

Poland's dream of shale gas riches begins to dim
Warsaw (AFP) Feb 11, 2015
Poland's dream of becoming a shale gas "El Dorado", bringing untold riches and assuring energy independence, is turning into a mirage as Western firms abandon prospecting efforts, citing poor results. "We can no longer talk of a new El Dorado," said Grazyna Piotrowska-Oliwa, a former president of Poland's PGNiG gas utility. "The hopes and promises were excessive," she said, even though the official results of the explorations have yet to be published. Optimistic estimates suggested Poland co ... read more

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Feb 11

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Feb 06

U.S. oil trade survey draws mixed reviews A public opinion survey on foreign trade in U.S. crude oil, conducted for a pro-export group, was criticized as shoddy by those backed by a refinery coalition. ... more		WTI drifts back below $50 per barrel The price for the U.S. benchmark for crude oil dipped back below the $50 per barrel mark Wednesday after estimates of growth in U.S. oil production. ... more		Veto pen tested with KXL bill The presidential veto pen could draw first ink in 2015 as leaders in the Republican-led House consider legislation in support of the Keystone XL oil pipeline. ... more
				Oil wanes in Iranian budget plans Iran has restructured its budget in such a way as to shield the economy from oil price volatility, a parliamentary planning official said. ... more		Halliburton, Baker respond to DOJ queries Ahead of a planned merger, oil services companies Halliburton and Baker Hughes said they've received anti-trust queries from the Justice Department. ... more

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

One dead in Peru in oil-related protest Police clashed with protesters fighting oil company operations in the Amazon, leaving one dead and 20 injured, police and local media reports said. ... more		Shelling in South Sudan oil town: defence minister Rebel fighters in South Sudan bombarded government positions Tuesday in the oil town of Bentiu, where 53,000 civilians are sheltering inside a United Nations camp, the defence minister said. ... more		China bids to host secretariat of new high seas treaty Protected forests under threat in DRC's lucrative mining belt Hundreds in London protest against Beijing 'mega embassy'		OPEC down, but not out, IEA says OPEC's market influence is expected to grow, but the 12-member group might not return to its pre-recession glory, the International Energy Agency said Tuesday. ... more
				U.S Gulf Coast oil imports down Crude oil imports into the southern United States have gone from around 1.3 million barrels per day to a trickle, U.S. government data show Tuesday. ... more		Gas prices rise for 15th straight day The national average retail price for a gallon of regular unleaded gasoline in the United States has increased for 15 consecutive days, AAA data show Tuesday. ... more

U.S. oil and gas lobby criticizes federal leases A federal draft five-year lease plan for oil and gas exploration in U.S. waters is too restrictive, the American Petroleum Institute said. ... more		Total Canadian oil production up 8 percent The full-year 2014 crude oil production average for Canadian basins increased year-on-year, but there may be strains from low oil prices, federal data show. ... more		NASA moves moon rocket to launch pad ahead of Artemis 2 mission GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles JWST red dots reveal rapidly growing early black holes		Rise Of The Vulture Investing Class 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 ... 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

	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		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

Greenland is helpful, but not vital, for US missile defense

European military mission in Greenland as US aim 'remains intact'

Amazon expands 'sovereign cloud' in Europe

Kremlin: West declared economic war on Russia		Oil, gas acreage in Gulf of Mexico up for auction		Norway's Statoil hit by low oil prices		Spending cuts drive rally for crude oil		Some Kurdish oil exports suspended
Philippines urges China to show respect in South China Sea		Crude oil markets resume rally		Drilling company Maersk cuts staff		Alberta's premier stumps for Keystone XL		London pressed to ban fracking

Energy tops EU-U.S. trade agenda

Lower 48 oil production declines

Russia's Support of Assad Flexible if Saudis Promise to Cut Oil Output

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

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