Oil and Gas News

February 13, 2015

Shale industry irked by Pennsylvania tax proposal
Harrisburg, Pa. (UPI) Feb 12, 2015
The state's governor said gas taxes will help schools, but an energy coalition working in Pennsylvania said it will discourage capital spending plans in shale. Arguing schools have suffered from $1 billion in funding cuts, Pennsylvania Gov. Tom Wolf proposed a severance tax on gas extraction in the state to help right the state's economic ship. The state hosts the Marcellus shale natural gas formation, which accounts for almost 40 percent of all shale gas produced in the United States. T ... read more

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Exxon moves ahead with Alaska LNG project Exxon Mobil said it submitted a draft environmental report to federal regulators for a $500 million liquefied natural gas project in Alaska. ... more		Oil rallies on back of Ukrainian truce A cease-fire in Ukraine helped offset otherwise weak economic indices Thursday, giving oil prices more than a 3.5 percent lift early in the trading day. ... more		Peru gives Argentine oil firm three days to leave Amazon Peru's government said Thursday it would give an Argentine oil company three days to withdraw from an area in the Amazon where its presence had sparked violent protests that left one person dead. ... more
				Alberta weighs in on Keystone XL measure The White House should give the bilateral energy partnership strong consideration when mulling its next steps on Keystone XL, Alberta's premier said. ... more		Gazprom seeks Ukrainian gas payments With a $17.5 billion agreement from the International Monetary Fund in hand, Russian gas company Gazprom said Thursday it was time Ukraine settled its debt. ... more

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Poland's dream of shale gas riches begins to dim 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. ... more		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		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'		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		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		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
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		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

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

U.S. oil production down, OPEC says		Oil markets keep upward momentum		Iraqi oil production setting records		Iran keeps spending despite oil price slump		Arsenic stubbornly taints many US wells
Light for British shale gas work turning green		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

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