Oil and Gas News

March 11, 2015

Venezuela sanctions don't extend to oil
Washington (UPI) Mar 10, 2015
While an official in Caracas said sanctions are an act of war, a top U.S official said the measures will have no direct impact on oil revenue for Venezuela. President Barack Obama issued an executive order Monday that sanctions seven Venezuelan officials for human rights offenses. A White House spokesman said the Obama administration is "deeply concerned" by the culture of political intimidation in Caracas. "Venezuela's problems cannot be solved by criminalizing dissent," the spokesman s ... read more

Previous Issues

Mar 10

Mar 09

Mar 06

Mar 05

Mar 04

U.S. gasoline prices tapering off The steady streak of increases in the U.S. average price for a gallon of regular unleaded gasoline is tapering off, a review from motor club AAA finds. ... more		Fires out at Ontario oil-train derailment The last of the fires tied to the derailment of a train carrying crude oil through Ontario have been extinguished, local officials said. ... more		Oil price rally waning, though WTI holding strong Crude oil prices continued their slow fade Tuesday even as U.S. data show evidence the bear market had an impact on the production behind recent market trends. ... more
				Wood Mac gobbled up by Verisk Energy consultant group Wood Mackenzie confirmed Tuesday it was acquired by Verisk Analytics for approximately $2.8 billion. ... more		West Africa buoyed by Ivorian gas discovery A declaration of discovery was submitted to the government of the Ivory Coast after a test well produced oil and gas, RAK Petroleum said Monday. ... more

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

Nuclear Decommissioning Conference Europe May 2015

Oil fizzles after OPEC supply comments Crude oil prices drifted lower in the Monday session, a day after OPEC's secretary-general said markets are oversupplied and price movements were cyclical. ... more		Canada under pressure after oil train derailment The Canadian government faces similar pressure as its U.S. counterparts to do more to ensure oil is carried on railways safely, a lawmaker said. ... more		Solar-driven ionosphere charges may nudge stressed faults toward rupture Stable black carbon in mangrove soils boosts coastal climate role Low crystallinity iron minerals show promise for chromium cleanup and carbon storage		Oil prices down on strong U.S. supply While geopolitical concerns hold Brent crude prices relatively steady, West Texas Intermediate sinks on high U.S. supply and strong U.S. dollar. ... more
				Four Filipinos nabbed from Libyan oil field The kidnapping of four Filipinos from an oil field in Libya came just one day after 77 nationals were repatriated in Manila, the government in Manila said. ... more		BP finds more gas in Egypt British energy company BP considers the Nile Delta region of Egypt to be a "world-class" basin for natural gas, its chief executive officer said Monday. ... more

Ill. oil-train derailment involved cars safer than federal standard 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. ... more		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		DAMPE space telescope finds universal spectral feature that narrows field on cosmic ray origins ThinKom Develops Self-Funded Mobile HPM Weapon to Counter Drone Swarms Planet and Carbon Mapper Plan SWIR-Only Tanager Satellite for Wider Methane Detection		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		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		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

Sidekick autonomy software guides YFQ-42A test mission for CCA program

Infleqtion lists shares on NYSE as neutral atom quantum firm

Top Chinese gaming companies continue to challenge

JXK returns to shale work in Ukraine		Gazprom Neft gets good grade from China		Turkey eyes oil in northern Iraq		Crude oil markets limp into spring		Algeria: 40 police wounded in anti-shale gas protest
Iraq predicts oil will rise to $64-65 per barrel		Energy trends changing investment dynamics		Canada's Encana Corp. cuts spending		West coast refinery issues spill over to pump		Kremlin: Ukraine has natural gas until Tuesday

Oil markets ending week on high note

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

Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.