Oil News and Gas News
February 17, 2015
OIL AND GAS
UAE says renewed air strikes hit IS oil refineries
Abu Dhabi (AFP) Feb 16, 2015
Renewed air strikes by the United Arab Emirates against the Islamic State group have hit oil refineries run by the jihadists, the state news agency reported on Monday. F-16 fighter jets based in Jordan "targeted oil refineries controled by the Daesh (Islamic State) organisation, with the aim of drying up its sources of finance," the WAM agency said, using an Arabic acronym for IS. It said the strikes took place last Tuesday and Thursday but did not specify the location of the targets. A US-l ... read more
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OIL AND GAS

Blaze extinguished at Libya's largest oil field
Though flames are out at a pipeline from its largest oil field, the Egyptian bombing of Islamic State targets in Libya show terrorists are gaining ground. ... more
OIL AND GAS

Kiev sued by shale natural gas explorer
JKX Oil & Gas, a company that bet on Ukrainian shale gas potential, said Monday it launched legal action against Kiev, claiming treaty violations. ... more
OIL AND GAS

Crude oil markets extend rally
Crude oil prices extended their rally into the third week of February as U.S. rig activity declined and Middle East violence escalated Monday. ... more
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OIL AND GAS

BG Group comes up empty in North Sea
One week into the tenure of its new chief executive, Norwegian regulators said Monday exploration wells came up dry for BG Group in the North Sea. ... more


OIL AND GAS

Kurds say Baghdad has failed to respect oil deal
Iraqi Kurdish premier Nechirvan Barzani on Monday accused the Baghdad government of failing to give his autonomous Kurdish region its share of oil revenues despite a deal signed in December. ... more
Military Radar Summit 2015 26th Space Cryogenics Workshop Small Modular Reactors - USA - 2015 Nuclear Decommissioning Conference Europe May 2015
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS

Iran sees oil investments dwindling
Iranian Oil Minister Bijan Zangeneh said Monday the budget for the country's energy sector was on a steady path toward "nil." ... more
OIL AND GAS

Feds may open arctic Alaska to drillers
The U.S. Interior Department said it's closer to opening the Chukchi Sea off the Alaskan coast to energy explorers after a lengthy court battle. ... 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

Oil slump not necessarily bad news for climate
Since the 1970s, the renewable energy sector has usually trembled each time oil goes through the "bust" phase of the commodity cycle. ... more
OIL AND GAS

Crude oil prices extend rally, up 3 percent
Positive news about economic growth in Europe helped extend a rally for crude oil prices, with Brent trading up more than 3 percent in early Friday trading. ... more
OIL AND GAS

U.S. oil sector slowing, on and offshore
Though oil prices are moving to fresh highs, quarterly reports for offshore and U.S. shale companies show the industry behind market swings is slowing down. ... more
Training Space Professionals Since 1970

OIL AND GAS

Earthquake activity linked to injection wells may vary by region
The Williston Basin in north central U.S. produced fewer earthquakes caused by wastewater injection than in Texas, suggesting the link between seismicity and production activities may vary by region ... more
OIL AND GAS

Plans submitted for Norway's Johan Sverdrup field
The Norwegian government said Friday it received development and operational plans for the Johan Sverdrup field, among the largest in national waters. ... 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

World Bank: Oil-rich Kurdish economy shrinking
Despite its vast oil wealth, the World Bank said it expects the economy of the semiautonomous Kurdish region of Iraq to shrink because of regional crises. ... more
OIL AND GAS

Methane emissions vary at natural gas gathering and processing facilities
A new study led by Colorado State University found wide variations in the amount of methane being emitted at U.S. natural gas gathering facilities and processing plants. Researchers at CSU, Carnegie ... more
OIL AND GAS

Bodies recovered from Brazilian oil installation
A team is surveying conditions on a production platform off the Brazilian coast after five workers died as a result of an explosion, BW Offshore said Friday. ... more
OIL AND GAS

Shale industry irked by Pennsylvania tax proposal
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. ... more
OIL AND GAS

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 AND GAS

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
OIL AND GAS

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
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

Alberta weighs in on Keystone XL measure

OIL AND GAS

Gazprom seeks Ukrainian gas payments

OIL AND GAS

Poland's dream of shale gas riches begins to dim

OIL AND GAS

U.S. oil trade survey draws mixed reviews

OIL AND GAS

WTI drifts back below $50 per barrel

OIL AND GAS

Veto pen tested with KXL bill

OIL AND GAS

Oil wanes in Iranian budget plans

OIL AND GAS

Halliburton, Baker respond to DOJ queries

OIL AND GAS

One dead in Peru in oil-related protest

OIL AND GAS

Rise Of The Vulture Investing Class

Shelling in South Sudan oil town: defence minister

OPEC down, but not out, IEA says

U.S Gulf Coast oil imports down

Gas prices rise for 15th straight day

U.S. oil and gas lobby criticizes federal leases

Total Canadian oil production up 8 percent

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

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