Oil and Gas News

February 28, 2015

Wrench thrown in British shale gas gears
London (UPI) Feb 26, 2015
British shale pioneer Cuadrilla Resources said it was "perplexed" by a regional council's decision to deny a planning application for pioneer well developments. The company said it was denied a planning application to conduct seismic operations to get a better understanding of the resource potential at its Grange Hill site in Lancashire County, home to substantial potential reserves of shale natural gas. "We are perplexed and disappointed by the decision," the company said in a statement ... read more

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Argentine oil firm moves toward ending row in Peru Indigenous villagers and an Argentine oil company are making strides toward ending a dispute in Peru's Amazon basin region that led to reduced oil output, the two parties said Wednesday. ... more		Saudi Aramco cancels rig contract U.S. rig company Hercules Offshore said Thursday one of its drilling contracts with the main oil company in Saudi Arabia was terminated. ... more		China energy giant Sinopec denies merger plans: report Chinese oil giant Sinopec has denied reports the government plans to merge the firm with another domestic energy behemoth, China National Petroleum Corp (CNPC), the official Xinhua news agency said Thursday. ... more
				Midweek oil price rally falters Crude oil prices pulled back early in the Thursday session amid U.S. inventory buildups, ending a midweek rally spurred in part by comments from OPEC leaders. ... more		Whiting to cut Bakken rig deployments U.S. shale player Whiting Petroleum said it expects overall production to rise, though fewer wells are planned in areas like the Bakken play in North Dakota. ... more

Human 2 Mars Conference Mat 5-7 2015 - Washington DC

Nuclear Decommissioning Conference Europe May 2015

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Oil sector successful, Iran says Most sectors of the Iranian economy are performing well, with the oil sector in particular performing as expected, the country's deputy oil minister said. ... more		U.S. crude oil production holding steady U.S. crude oil production for the week ending Feb. 20 held steady amid rig count reductions and planned cuts in upstream spending, federal data show. ... 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'		Making treatment of oil and gas wastewater simpler, cheaper Oil and gas operations in the United States produce about 21 billion barrels of wastewater per year. The saltiness of the water and the organic contaminants it contains have traditionally made treat ... more
				Canada's Encana Corp. cuts spending Canadian energy company Encana said Wednesday its U.S. natural gas assets performed well last year, but 2015 capital investments will be cut by $700 million. ... more		Alberta not surprised by Keystone XL veto Stressing the debate over the Keystone XL oil pipeline isn't over, Alberta Premier Jim Prentice said he wasn't surprised by a veto from the White House. ... more

Kazakhstan expects oil production boom Kazakhstan's government said Wednesday it expects oil production to increase by as much as 30 percent in part because of operations at its giant Kashagan field. ... more		Gulf Keystone Petroleum mum on potential sale Gulf Keystone Petroleum, active in Iraq, said Wednesday it was keeping a tight lid on the reasons behind an announcement of a possible sale of the company. ... 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		OPEC comments drive Brent prices up Statements from a member of OPEC again swayed oil markets Wednesday, with Saudi comments on demand driving Brent crude prices upward. ... more
Gazprom threats to cut Ukrainian gas supplies Russian energy company Gazprom said Tuesday it may halt natural gas deliveries to Ukraine within two days because of late payments. ... more		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

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

Oily-mixture removed from W. Va. derailment site		Durability of North Sea energy sector questioned		Profit up, spending down for shale player ONEOK		GE Capital: 2015 Energy (Oil and Gas) Trends		Kremlin questions Moody's rating downgrade
Oil removed from derailed trains in West Virginia		Oil rally deflates on pessimism		Arctic oil can wait, advocacy group says		Iran's president claims economic miracle		Statoil brings North Sea oil and gas field online

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

Methane leaks from three large US fields in line with federal estimates

Panda Power Funds to Jointly Develop 1,000 MW Penn Power Project

Methane emissions from natural gas industry higher than previously thought

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

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