Oil and Gas News

March 09, 2015

Ill. oil-train derailment involved cars safer than federal standard
Galena, Ill. (UPI) Mar 6, 2015
Two cars of an oil train carrying Bakken crude from North Dakota caught fire after a derailment in near Galena, Ill., Thursday, with an evacuation of homes within a one-mile radius. The train derailed near the confluence of the Galena and Mississippi Rivers, near Illinois' border with Wisconsin and Iowa. There were no reported injuries. BNSF Railway in a statement said the tank cars involved were the "CPC-1232 model that were unjacketed with half-height head shields." The newer 1232 mode ... read more

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Mar 02

Iraq, Libya nudge Brent crude prices up Brent crude oil prices moved higher early Thursday as deteriorating security situations in Iraq and Libya countered increasing U.S. inventories. ... more		Libya declares force majeure on 11 central oilfields Libya declared force majeure on 11 oilfields after a series of Islamic State attacks on facilities in the country's central region. ... more		Oil prices holding after Tuesday's gains Oil prices were holding steady early Wednesday ahead of the release of U.S. oil inventory data. ... more
				Plans evolving for Norway's major oil and gas field Norwegian energy company Statoil said it signed a deal with a Swiss services company to build a platform for one of the region's largest oil and gas fields. ... more		Looted and leaking, South Sudan's oil wells pose health risk Thick black puddles and a looted, leaking ruin are all that remain of the Thar Jath oil treatment facility, once a crucial part of South Sudan's mainstay industry. ... more

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

Nuclear Decommissioning Conference Europe May 2015

Philippines halts exploration in 'disputed' sea: contractor The Philippines has suspended operations at a South China Sea natural gas project because it is also claimed by China and the dispute is before a UN tribunal, its contractor said Tuesday. ... more		Pain at the pump to continue, AAA says While U.S. gasoline prices remain relatively low, the recent trend in increases is the longest in more than two years, motor club AAA reports. ... 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		Oil prices recover from Monday's loss Geopolitical issues helped oil prices recover ground lost during the previous session, with Brent crude oil moving Tuesday back above $60 per barrel. ... more
				JXK returns to shale work in Ukraine Ukrainian shale pioneer JXK Oil & Gas said Monday it returned to full-scale operations in the country after receiving approval from the state gas distributor. ... more		Gazprom Neft gets good grade from China China's Dagong Global Credit Rating Co. gave Gazprom Neft a AA credit rating, denoting a stable outlook for its debt portfolio and long-term production potential. ... more

Turkey eyes oil in northern Iraq Agreements with Iraqi administrations open the door for Turkish oil exploration in the Kurdish north, the Turkish energy minister said Monday. ... more		Crude oil markets limp into spring Positive economic news from Europe wasn't enough to give oil prices a lift in Monday trading as last week's slump bleeds over into March. ... 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		Algeria: 40 police wounded in anti-shale gas protest Forty police officers were wounded Sunday in clashes with demonstrators opposed to shale gas exploration in the Algerian Sahara, the Interior Ministry announced. ... more
Iraq predicts oil will rise to $64-65 per barrel Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year low in January, to continue recovering to reach $64 or $65 per barrel. ... more		Energy trends changing investment dynamics With world economies taking steps to lower their emissions, an official at the Bank of England said Tuesday investments in fossil fuels are becoming risky. ... 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		West coast refinery issues spill over to pump Maintenance at U.S. refineries should leave some markets short on gasoline supplies, with West Coast markets suffering most, the Energy Department said. ... more

	Kremlin: Ukraine has natural gas until Tuesday The natural gas spigot could be closed for Ukraine as early as Tuesday unless it pays for more deliveries in advance, Russia's energy minister said Friday. ... more		Oil markets ending week on high note Crude oil prices rebounded Friday on revised U.S. economic data, recovering from midweek slumps sparked by OPEC comments and U.S. inventory buildups. ... 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

North Dakota rig activity at new low		China opposes UN sanctions on South Sudan		Making treatment of oil and gas wastewater simpler, cheaper		Midweek oil price rally falters		Saudi Aramco cancels rig contract
Oil sector successful, Iran says		Whiting to cut Bakken rig deployments		U.S. crude oil production holding steady		Wrench thrown in British shale gas gears		Argentine oil firm moves toward ending row in Peru

China energy giant Sinopec denies merger plans: report

Alberta not surprised by Keystone XL veto

Kazakhstan expects oil production boom

Gulf Keystone Petroleum mum on potential sale

OPEC comments drive Brent prices up

Gazprom threats to cut Ukrainian gas supplies

U.S. gas prices rise for 29 straight days

Algeria police prevent anti-shale gas protest

Canada expects dip in crude oil production

Asphaltene analysis takes a giant step

OPEC rumors stir oil market pot

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

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