Oil and Gas News

February 24, 2015

Kremlin questions Moody's rating downgrade
Moscow (UPI) Feb 23, 2015
Russia's Finance Ministry criticized a credit downgrade from ratings agency Moody's as pessimistic and out of step with developments in the oil-laden economy. "I suspect that in making this decision to lower the rating the agency was guided by political factors above all," Finance Minister Anton Siluanov said Saturday. "I believe that Moody's rating is not just overly negative, but also based on an extremely pessimistic forecast, unparalleled these days." Moody's said the security situat ... read more

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Feb 17

Oil removed from derailed trains in West Virginia Responders to an oil-train derailment in West Virginia pulled more than 3,000 barrels of oil from tank cars, but said some oil had spilled into a river. ... more		Oil rally deflates on pessimism Insider expectations that a rally in the global crude oil market will be short lived brought heavy losses Monday for Brent and West Texas Intermediate. ... more		Arctic oil can wait, advocacy group says If there is oil locked under arctic waters, it can wait until U.S. policymakers and the industry have effective safeguards in place, an advocacy group said. ... more
				Iran's president claims economic miracle As Iranian budget planners work to trim oil dependency, the country's president said Monday the Iranian economic turnaround has been miraculous. ... more		Statoil brings North Sea oil and gas field online Norwegian energy company Statoil said Monday it started production at a new North Sea oil and natural gas field on time and under budget. ... more

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Oil's Survival Of The Fittest: Interview With Stan Szary 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 fittes ... more		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		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		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
				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 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

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		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		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		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
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		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 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		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

	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		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

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

NTSB: Oil by rail needs scrutiny after W. Va. incident		U.S. shale oil shows resiliency		Air running out of recent crude oil rally		BP: Post-Arab Spring conflicts curb oil potential		Halliburton, Baker Hughes plan stakeholder meeting
Fatality figure raised in Brazilian oil incident		EU gas security at risk, commissioner says		Heavy fighting in South Sudan oil zones: defence minister		Russia expects prolonged economic slump		CSX oil-train blaze to burn out on its own

Libya's oil economy at risk, envoy says

Crude oil rally hits snag

Scotland's Wood Group upbeat in weak market

UAE says renewed air strikes hit IS oil refineries

Blaze extinguished at Libya's largest oil field

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

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