Oil News and Gas News
February 23, 2015
OIL AND GAS
Oil's Survival Of The Fittest: Interview With Stan Szary
Washington DC (SPX) Feb 23, 2015
With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its head, dictating that only the fittest will survive-and only the fittest of the fittest will thrive. As the herd of small companies that formed the backbone of the shale boom is culled, there emerges a new focus on junior players who are sitting on prime prospects where oil can be produced at $20 per barrel or lower and still turn a health ... read more
Previous Issues Feb 22 Feb 19 Feb 18 Feb 17 Feb 16
OIL AND GAS

Methane leaks from three large US fields in line with federal estimates
Tens of thousands of pounds of methane leak per hour from equipment in three major natural gas basins that span Texas, Louisiana, Arkansas and Pennsylvania, according to airborne measurements publis ... more
OIL AND GAS

Panda Power Funds to Jointly Develop 1,000 MW Penn Power Project
Panda Power Funds has entered into a joint venture with Sunbury Generation LP to develop, finance, construct and operate a 1,000 megawatt natural gas-fueled, combined-cycle power project near Shamok ... more
OIL AND GAS

GE Capital: 2015 Energy (Oil and Gas) Trends
Oil prices continued their slide in early January 2015 following the OPEC decision on November 27, 2014 to hold output levels. The surprise to the market was not so much that OPEC did not cut produc ... more
OILGASDAILY


OIL AND GAS

Methane emissions from natural gas industry higher than previously thought
World leaders are working to reduce greenhouse gas emissions, but it's unclear just how much we're emitting. In the U.S., the Environmental Protection Agency (EPA) has a new program to track these e ... more


OIL AND GAS

Oil prices recover slightly in Asia
Oil prices climbed Friday, recovering slightly from a sell-off caused by news that US stockpiles had reached record highs, adding to worries about a global supply glut. ... 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

Senators want oil door opened to Mexico
A group of 21 U.S. senators called on the Commerce Department to liberalize trade relations and allow for greater crude oil trade with Mexico. ... more
OIL AND GAS

Union cries foul after Exxon refinery blast
The United Steelworkers union said the fire at an Exxon Mobil refinery in California is a reminder of the lopsided policies in the downstream energy industry. ... 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

North Dakota oil boom deflating
Low oil prices haven't yet dimmed confidence in North Dakota, though there may be concerns lingering over the mid-term horizon, those on the ground said. ... more
OIL AND GAS

Gas leak stops North Sea production
It's too early to say when production from the Gudrun platform in the North Sea will resume following reports of a gas leak, Norway's Statoil said Thursday. ... more
OIL AND GAS

Oil prices off more than 4 percent
Crude oil prices were down sharply in Thursday trading after U.S. data showed more crude oil held in inventories, putting pressure on the recent rally. ... more
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OIL AND GAS

Environmental team surveying W. Va. oil-train disaster
Crews are on the ground in and around the site of Monday's oil-train derailment in West Virginia deploying containment boom, the response team said. ... more
OIL AND GAS

Libya, Yemen, leave bruises on OMV
Austrian oil and gas company OMV said Thursday it posted a net fourth quarter loss in part because of low oil prices and Libyan and Yemeni security issues. ... 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

Canada federal police warn of growing anti-oil threats
Canadian police warned in a leaked document Wednesday of growing threats to the country's oil industry by militant climate activists opposed to the use of fossil fuels. ... more
OIL AND GAS

NTSB: Oil by rail needs scrutiny after W. Va. incident
The derailment of a train carrying crude oil from North Dakota through West Virginia is another sign of the need to address safety, a federal regulator said. ... more
OIL AND GAS

U.S. shale oil shows resiliency
Despite the slump in crude oil prices, production from two premier basins in the United States increased by a combined 33 percent, a forecast from Platts finds. ... more
OIL AND GAS

Air running out of recent crude oil rally
A string of weak figures from Western economies took some of the steam out of the growth momentum in crude oil prices during the Wednesday trading session. ... more
OIL AND GAS

BP: Post-Arab Spring conflicts curb oil potential
Regional conflicts in the Middle East and North Africa have left a historic amount of oil on the sidelines, an annual report from BP found. ... more

OIL AND GAS

Halliburton, Baker Hughes plan stakeholder meeting
Oil and gas services companies Baker Hughes and Halliburton unveiled plans to review stakeholder options for the planned Halliburton takeover. ... more
OIL AND GAS

Fatality figure raised in Brazilian oil incident
The number of fatalities attributed to an explosion on an oil production facility off the coast of Brazil was raised by one, contractor BW Offshore said. ... 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

EU gas security at risk, commissioner says

OIL AND GAS

Heavy fighting in South Sudan oil zones: defence minister

OIL AND GAS

Russia expects prolonged economic slump

OIL AND GAS

CSX oil-train blaze to burn out on its own

OIL AND GAS

Libya's oil economy at risk, envoy says

OIL AND GAS

Crude oil rally hits snag

OIL AND GAS

Scotland's Wood Group upbeat in weak market

OIL AND GAS

UAE says renewed air strikes hit IS oil refineries

OIL AND GAS

Blaze extinguished at Libya's largest oil field

OIL AND GAS

Kiev sued by shale natural gas explorer

Crude oil markets extend rally

BG Group comes up empty in North Sea

Kurds say Baghdad has failed to respect oil deal

Iran sees oil investments dwindling

Feds may open arctic Alaska to drillers

Oil slump not necessarily bad news for climate

Crude oil prices extend rally, up 3 percent

U.S. oil sector slowing, on and offshore

Earthquake activity linked to injection wells may vary by region

Plans submitted for Norway's Johan Sverdrup field

World Bank: Oil-rich Kurdish economy shrinking

Methane emissions vary at natural gas gathering and processing facilities

Bodies recovered from Brazilian oil installation

Shale industry irked by Pennsylvania tax proposal

Exxon moves ahead with Alaska LNG project

Oil rallies on back of Ukrainian truce

Peru gives Argentine oil firm three days to leave Amazon

Alberta weighs in on Keystone XL measure

Gazprom seeks Ukrainian gas payments

Poland's dream of shale gas riches begins to dim

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