Oil and Gas News

March 18, 2015

Texas: From Shale Boom to Water Revolution
London, UK (SPX) Mar 18, 2015
Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. Not only does Texas have the Permian Basin and the Eagle Ford shale, but it also has the Gulf of Mexico and its massive oil deposits and endless gallons of seawater that are now economically treatable thanks to next generation water pro ... read more

Previous Issues

Mar 17

Mar 16

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Mar 11

Political uncertainty plagues Nigeria's oil potential The Nigerian political machine poses a significant risk to the vitality of the nation's oil sector as investment uncertainty lingers, a report finds. ... more		Oil plunge forces China's Nexen to cut 400 jobs in Canada, elsewhere Nexen Energy announced Tuesday it is laying off 400 workers, or 12 percent of its workforce, in North America and Britain in response to the drop in oil prices. ... more		Iran touts growth despite nuclear sanctions Western sanctions over Iran's nuclear programme cannot prevent it from growing, President Hassan Rouhani said Tuesday as he inaugurated part of the giant South Pars gas field in the Gulf. ... more
				U.S.: Security risks in oil-rich Saudi region U.S. consular services in Saudi Arabia remain closed five days after a threat surfaced against Western oil workers in the country, the U.S. embassy said. ... more		NOAA slams BP statement on gulf environment Statements made by BP about the state of the U.S. Gulf Coast environment after the Deepwater Horizon incident are off the mark, the federal government said. ... more

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

Nuclear Decommissioning Conference Europe May 2015

China probes top executive of state energy giant CNPC A top executive of China National Petroleum Corp, the country's biggest energy company, has been put under investigation, authorities said as the Communist Party's anti-corruption drive targets more state firms. ... more		Iran reports economic growth momentum The Iranian economy grew by 3.6 percent during the nine-month period that began in March 2014 despite Western sanctions, the Central Bank of Iran said. ... 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'		Scotland frustrated by North Sea oil and gas finances The Scottish government is calling for a fundamental overhaul in the way oil and natural gas is taxed, the country's deputy first minister said. ... more
				North Dakota creek blocked after oil spill A creek in northwest North Dakota was blocked off to prevent runoff from an oil spill from a subsidiary of Occidental Petroleum, the health department said. ... more		WTI dips back near historic low A pessimistic forecast from OPEC about future U.S. oil production pushed the price for West Texas Intermediate near to its six-year low in Monday trading. ... more

Power planned for giant North Sea oil, gas field Norwegian energy company Statoil said Monday it signed a $130 million contract to help develop the giant offshore Johan Sverdrup reserve field in the North Sea. ... more		Significant gas discovery made in Libya Italian energy company Eni said Monday it made what it considers to be a significant discovery of natural gas off the coast of war-torn Libya. ... 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		Iranian oil production near recent record As nuclear negotiations enter the home stretch, the Organization of Petroleum Exporting Countries said Iran's oil production is close to a historic high. ... more
Eni envisions $5 billion investments in Egypt Italian energy company Eni said it signed a framework agreement to develop Egyptian oil and gas reserves that calls for as much as $5 billion in investments. ... more		Shell lays out welcome mat to USW Shell said it's time to welcome striking workers back into the fray after finding "common ground" with negotiators from the United Steelworkers union. ... more		IEA forecast pulls WTI down 2 percent An increase in estimated U.S. crude oil production from the International Energy Agency pushed West Texas Intermediate prices down nearly 2 percent Friday. ... more		North Dakota rig count near five-year low The number of rigs actively exploring for or producing oil or natural gas in North Dakota is down to its lowest level in nearly five years, data show Friday. ... more

	Abducted Chinese workers freed in Nigeria: police Three Chinese workers kidnapped by gunmen in central Nigeria's Kogi state were released unhurt on Saturday, police said. ... more		Gorillas vs oil: DR Congo seeking way to explore at Virunga park In the Virunga national park, Africa's oldest natural reserve and home to the mountain gorilla, the endangered Great Ape and its habitat are under a new threat: oil exploration. ... 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

Exxon: Exploit U.S. energy abundance		Venezuela gears up military machine amid economic crunch		Beijing's Island Construction in South China Sea Poses No Threat		Everyone Is Guessing When It Comes To Oil Prices		Consumers Winning With Low Oil Prices, For Now
Vitol bruised by low oil prices		Spending cut planned for Kurdish oil operations		Alberta gets good marks for pipeline safety		Brent extends rally as EU industrial production falters		Western Canadian oil and gas output declines

Chevron shrugs off low oil prices

North Dakota creek soiled by oil product

Oil gets minor lift from U.S. data

Venezuela sanctions don't extend to oil

Palestinian side cancels Israeli gas deal

U.S. gasoline prices tapering off

Fires out at Ontario oil-train derailment

Oil price rally waning, though WTI holding strong

Wood Mac gobbled up by Verisk

West Africa buoyed by Ivorian gas discovery

Oil fizzles after OPEC supply comments

Canada under pressure after oil train derailment

Oil prices down on strong U.S. supply

Four Filipinos nabbed from Libyan oil field

BP finds more gas in Egypt

Ill. oil-train derailment involved cars safer than federal standard

Iraq, Libya nudge Brent crude prices up

Libya declares force majeure on 11 central oilfields

Oil prices holding after Tuesday's gains

Plans evolving for Norway's major oil and gas field

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