Oil and Gas News

February 25, 2015

Gazprom threats to cut Ukrainian gas supplies
Moscow (UPI) Feb 24, 2015
Russian energy company Gazprom said Tuesday it may halt natural gas deliveries to Ukraine within two days because of late payments. Ukraine's natural gas contract with Gazprom calls for a pre-payment mechanism. Unless a payment registers in the company's account within two days, Gazprom Chief Executive Officer Alexei Miller said the spigot would be closed. "The supply of gas to Ukraine at the ordered amount ... will result in a full stop of Russian gas supplies to Ukraine, which creates ... read more

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U.S. gas prices rise for 29 straight days The price per gallon for regular unleaded gasoline has increased 29 days in a row as of Tuesday because of U.S. refinery issues and commodity markets, AAA said. ... more		Algeria police prevent anti-shale gas protest Riot police prevented a protest in the Algerian capital Tuesday against state energy giant Sonatrach's controversial exploitation of shale gas in the southern desert. ... more		Canada expects dip in crude oil production Growth in Canadian crude oil production is expected to slow by about 3 percent as oil prices weigh on future developments, industry leaders said. ... more
				Asphaltene analysis takes a giant step Rice University researchers have developed an easy and accurate technique to detect and quantify the amount of asphaltene precipitated from crude oils, which bedevils the oil industry by clogging we ... more		OPEC rumors stir oil market pot Oil markets moved into positive territory Tuesday on word members of the Organization of Petroleum Exporting Countries were weighing extraordinary measures. ... more

Nuclear Decommissioning Conference Europe May 2015

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Oily-mixture removed from W. Va. derailment site With monitoring ongoing, responders to last week's oil-train derailment in West Virginia said they're busy removing an oily mixture from containment trenches. ... more		Durability of North Sea energy sector questioned A bright spot in an otherwise "bleak" year for North Sea oil and gas operations was that production slipped 1 percent year-on-year, an annual survey found. ... 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		Profit up, spending down for shale player ONEOK U.S. shale energy company ONEOK Partners said fourth quarter net income was up year-on-year, though a weak commodity market forced a cut in planned spending. ... 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		Kremlin questions Moody's rating downgrade 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. ... more

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		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		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		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

	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

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 prices recover slightly in Asia		Senators want oil door opened to Mexico		Union cries foul after Exxon refinery blast		North Dakota oil boom deflating		Gas leak stops North Sea production
Oil prices off more than 4 percent		Environmental team surveying W. Va. oil-train disaster		Libya, Yemen, leave bruises on OMV		Canada federal police warn of growing anti-oil threats		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

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