Oil and Gas News

April 03, 2015

BNSF makes oil-train safety commitments
Bismarck, N.D. (UPI) Apr 1, 2015
BNSF Railway aims to eliminate older tank cars from crude oil service and take additional steps to improve safety in North Dakota, the state's governor said. Starting Wednesday, the rail company will require trains hauling crude oil reduce their speeds in communities with more than 100,000 residents and work to remove all rail cars designated DOT-111 from service within a year and phase in newer CPC 1232 models. "Railroad operations, equipment and maintenance are critical elements in our ... read more

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Germany outlines rules on fracking The German cabinet drew up rules Wednesday on the hitherto unregulated technology of "fracking" in Germany, narrowly restricting its use, but stopping short of an outright ban. ... more		USGS reviews Cuba's oil potential Most of Cuba's petroleum demand is met by Venezuela and there is no commercial production from deep offshore reserves, the U.S. Geological Survey said. ... more		Petrobras shares rise after deal with Chinese bank Share prices for Brazilian state-owned oil giant Petrobras soared Wednesday after it announced it had signed an agreement to obtain $3.5 billion in funding from the China Development Bank (CDB). ... more
				Poverty to rise in Russia, World Bank says The health of the Russian economy depends in part on how well it can manage to thrive in an era of low oil prices and sanctions, a World Bank report said. ... more		Production starts in Danish North Sea Danish energy company Maersk Oil said it started production from a North Sea platform that should provide Denmark with new reserves for the next 30 years. ... more

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

Nuclear Decommissioning Conference Europe May 2015

Alaska oil and gas lease draws criticism A decision from the Department of Interior to review energy exploration plans off the coast of Alaska is "unconscionable," environmental groups said. ... more		Oil prices inch up as Iranian talks drag on The status of Iranian nuclear talks again influenced oil prices, though indices gained ground with no clear signs of a breakthrough agreement. ... 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'		DNO stops energy work in Yemen Norwegian energy company DNO announced Tuesday it stopped work in Yemen because of the tense security situation in the country. ... more
				Gas prices falling back to earth The national average price for a gallon of regular unleaded gasoline in the United States is falling as refineries resume production, motor club AAA said. ... more		U.S. oil-by-rail overshadows Canada's The volume of crude oil transported by rail in the United States is greater than the volume in Canada by a factor of nearly 9-to-1, federal data show. ... more

Drill more, U.S. energy groups say With the federal government vetting more drilling offshore Alaska, industry groups called on the federal government to open more areas up for exploration. ... more		Eni to explore for reserves offshore Myanmar Italian energy company Eni said Tuesday it's now among the largest operators in an emerging Myanmar after signing new production sharing contracts. ... 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		Oil slumps as Iran talks deadline looms Oil prices fell Tuesday as global powers and Iran raced to reach a deal on Tehran's nuclear program that could ease sanctions on the crude producer, adding to the global oversupply. ... more
Texas oil production increasing Preliminary state data show crude oil production in Texas is on the rise, though drilling permits for February are down 45 percent year-on-year. ... more		Iran talks again drag on oil prices Momentum at the Iranian nuclear negotiating table put additional pressure on crude oil prices for a second day, with Brent down more than 2 percent Tuesday. ... 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		Statoil finds more gas offshore Tanzania Tanzania may be ripe for future offshore natural gas development, though time is needed for appraisal after the latest find, Norway's Statoil said Monday. ... 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

Transocean prepares for challenges ahead		Riyadh dancing in new oil market		New Zealand courts oil and gas explorers		Oil prices drop on prospect of Iran nuclear deal		Scotland takes energy message to Houston
North Dakota rig count continues fall		African Petroleum generates new cash		Alberta revisits energy revenue		Fla. lawmakers move polluter-pay oil bill		Yemen worries boost oil prices

Shell takes further steps away from Nigeria

U.S.: Schlumberger 'willfully' violated sanctions

Russia squeezed by sanctions, European leader says

Oil giant PetroChina's 2014 net profit slumps 17%

British oil and gas production declines

Wood Mac: High costs of drilling not abnormal

Gazprom Neft surveying Kurdish oil potential

Myanmar attracts energy capital

Gas key to EU ties with Azerbaijan

Total moves ahead with North Sea development

Feds irked by industry stance on oil-train safety

Argentina condemns British 'provocation' in Falklands

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

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