Oil and Gas News

March 12, 2015

Palestinian side cancels Israeli gas deal
Tel Aviv, Israel (UPI) Mar 11, 2015
Operators at the Leviathan natural gas field off the Israeli coast said Wednesday a Palestinian group canceled a $1.2 billion purchase contract. Delek Group, which alongside Noble Energy holds an 85 percent stake in the Leviathan project, said it received a "conditioned cancellation notice of the natural gas supply agreement from the Leviathan project to Palestine Power Generation Co." Leviathan is one of the largest regional gas fields, with an estimated 18 trillion cubic feet of reserv ... read more

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Western Canadian oil and gas output declines Oil and natural gas production from frontier prospects in the Northwest Territories is on a steady decline, federal Canadian data show Wednesday. ... more		Chevron shrugs off low oil prices The low price of crude oil is no deterrent to long-term strategic objectives for U.S. energy company Chevron, its executives said at an analyst meeting. ... more		North Dakota creek soiled by oil product Health officials in North Dakota said they're investigating potential water quality issues related to a small spill of liquids associated with oil production. ... more
				Oil gets minor lift from U.S. data An expected moderation in U.S. crude oil inventories helped stimulate oil prices Wednesday, briefly ending a short-term faltering in the seasonal rally. ... more		Venezuela sanctions don't extend to oil 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. ... more

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

Nuclear Decommissioning Conference Europe May 2015

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		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 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

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		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		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

	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

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

Plans evolving for Norway's major oil and gas field		Looted and leaking, South Sudan's oil wells pose health risk		Philippines halts exploration in 'disputed' sea: contractor		Pain at the pump to continue, AAA says		Oil prices recover from Monday's loss
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

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