Oil and Gas News

March 30, 2015

African Petroleum generates new cash
London (UPI) Mar 27, 2015
African Petroleum said Friday it raised roughly $12 million in a share offering and expects more in an effort to raise cash for its West African operations. Stuart Lake, the chief executive of the company, said he was disappointed that some divestments in Liberia were delayed, but was confident it would find the partnerships necessary to move forward with operations in its West African portfolio. "We continue to have encouraging and constructive dialogue with a number of potential indust ... read more

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Alberta revisits energy revenue A new budget plan outlined for the provincial government in Alberta moves energy revenues from spending to saving, Premier Jim Prentice said. ... more		Fla. lawmakers move polluter-pay oil bill With reserves on tap in Latin America, two Florida congressmen introduced a bill that would force companies to pay for oil cleanup on U.S. soil. ... more		CNOOC 2014 profit rises despite 'blow' from oil price slump Chinese state-owned energy giant CNOOC on Friday said profit climbed over six percent last year as it started a spate of new projects, despite taking a "serious blow" from falling oil prices. ... more
				U.S. GDP pulls reins on oil prices Crude oil prices pulled back Friday from sharp gains triggered by conflict in Yemen as U.S. data show a decline in economic growth in the fourth quarter. ... more		Looking to space to quantify natural gas leaks on Earth The recent increase in natural gas production could provide a bridge to a lower carbon future because it generates half the carbon dioxide (CO2) of coal when burned. However, natural gas that is lea ... more

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

Nuclear Decommissioning Conference Europe May 2015

Transocean prepares for challenges ahead Rig services company Transocean is bracing itself for an uncertain and difficult road ahead in the offshore drilling market, its chief executive officer said. ... more		Yemen worries boost oil prices Multilateral military operations in a collapsing Yemen injected a layer of risk to global oil markets, pushing crude oil prices up 2 percent Thursday. ... 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		Shell takes further steps away from Nigeria The Nigerian subsidiary of Royal Dutch Shell said it made further progress in its divestment strategy by selling Niger Delta assets from $1.7 billion. ... more
				U.S.: Schlumberger 'willfully' violated sanctions For six years, a division of oil services company Schlumberger "willfully" violated U.S. sanctions against Iran and Sudan, the Justice Department said. ... more		Russia squeezed by sanctions, European leader says Along with the low price of oil, sanctions imposed on Russia in response to crises in Ukraine have struck a major blow to its economy, a European leader said. ... more

Oil giant PetroChina's 2014 net profit slumps 17% Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged in the second half. ... more		British oil and gas production declines The British government said Thursday total oil production was down by 3.6 percent and gas production was down more than 1 percent during the last few months. ... 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		Wood Mac: High costs of drilling not abnormal Spending on oil and gas exploration is dropping off as oil prices remain depressed, but the industry may respond by doing more with less, Wood Mackenzie finds. ... more
Gazprom Neft surveying Kurdish oil potential In a sign of a growing Middle East presence, Russian energy company Gazprom Neft said it was surveying the reserve potential in the Kurdish north of Iraq. ... more		Myanmar attracts energy capital An agreement to explore the energy potential off the coast of Myanmar is part of a strategy to meet growing needs in the Asia-Pacific, Chevron said. ... more		Gas key to EU ties with Azerbaijan Development of a natural gas pipeline network from Azerbaijan is one of the most important aspects of bilateral ties, a European Union report said Wednesday. ... more		Total moves ahead with North Sea development French energy company Total said Wednesday its plans for North Sea oil and gas development were backed by a British government expecting sector revitalization. ... more

	Feds irked by industry stance on oil-train safety The U.S. Department of Transportation said it was frustrated that an energy industry group was on the sidelines of the debate over oil transportation by rail. ... more		Argentina condemns British 'provocation' in Falklands Argentina branded Britain's plans to beef up defenses in the Falklands a "provocation" and a pre-election stunt Wednesday. ... 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

Chinese demand for Russian oil holds steady		Lower spending may be pushing oil higher		100,000 Layoffs and Counting: Is this the New Normal		U.S. oil price up from six-year low		US gas boom slashes gas prices
New 450-kW gas cogeneration system to debut in Japan		Tight spending new normal for U.S. shale		Russia's Lukoil committed long term to Iraq		Iran expects oil market influence		UK 'military lobby' behind Falklands beef-up: Argentina

Oil mixed on weak Chinese data

'No blacks' Chinese restaurant shut down in Kenya

Australia's Woodside cuts jobs

ADB tells Pakistan to seize moment on low oil prices

AAA: U.S. gas prices drifting lower nationally

Russian currency stabilizing despite oil's fade

Sanctions push Total towards China to finance Russia project: report

China's Sinopec net profit slumps nearly 30% in 2014

Saudi king invites Iraq PM to visit as ties thaw

U.S. lifts threat warning in Saudi Arabia

Oil prices falter as OPEC stands firm

North Sea tax policies short-sighted, Scotland says

Iran expecting economic growth

Sinopec facing era of slower growth

U.S. releases new federal fracking rules

Exxon done with 2011 oil spill cleanup

Wintershall defiant in low oil price era

U.S. dollar, Iran talks sway oil markets

Low oil prices may hurt Colorado economy

U.S.: Security risks in oil-rich Saudi region

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