Oil and Gas News

April 07, 2015

Libya expects more oil production soon, report
Tripoli, Libya (UPI) Apr 6, 2015
Libyan media reports, an oil field shuttered since the middle of 2013, may be on the cusp of resuming operations after the resolution of labor disputes. The Libya Herald reported Sunday operations of the Abu Attifel oil field, last producing around 70,000 barrels of oil per day, may restart soon. The report said Italian energy company Eni stopped operations at the field "in August 2013 following the occupation and closure of oil export terminals by secessionist protestors." More than 1,0 ... read more

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Apr 06

Apr 03

Apr 02

Apr 01

Mar 31

Oil prices spike on end of Saudi discount A Saudi decision to raise market prices for Asia pushed oil upward in Monday trading, erasing concerns from last week's poor U.S. labor showings. ... more		Iraqi oil exports reached 2015 record in March Iraqi oil exports of around 92 million barrels per day last month were the highest yet this year, with most of that leaving southern ports, the government said. ... more		Iran expecting foreign cash in oil sector Foreign investors are expected to flood the Iranian market as sanctions relief expands the country's oil potential, officials said Monday. ... more
				Russia, Vietnam sign energy agreements As the Asian pivot continues, Russian oil company Gazprom Neft said Monday it signed deals with its counterparts at PetroVietnam. ... more		Search continues for Pemex rig workers missing since Wednesday With three rig workers still missing, and four dead, after a rig explosion in the southern waters of the Gulf of Mexico, Greenpeace said enough is enough. ... more

Space Tech Expo - Design - Build - Test - Long Beach CA - May 19-21, 2015

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

Greenpeace boards oil rig, Shell slams 'stunt' Greenpeace activists have boarded an Arctic-bound Shell oil rig in the middle of the Pacific Ocean, the environmental group and oil giant said Monday. ... more		Texas energy sector can weather the storm, officials say The Texas oil and natural gas sector may be facing challenges in the low oil price environment but it's well tooled to weather the storm, officials said. ... more		Ex-US climate envoy: Trump threatening 'consensus science' worldwide How did an Indian zoo get the world's most endangered great ape? Australian scientists grapple with 'despicable' butterfly heist		Economic risks may emerge in North Dakota The rig count in North Dakota continues to decline and the economic health of cities depending on the oil industry may start to suffer, credit analysis finds. ... more
				Oil price falls as Iran nuclear framework reached Crude-oil prices fell Thursday after six world powers and Iran announced they had agreed on a framework to curb Iran's nuclear drive. ... more		NRDC: Oil, gas violations largely unreported A report from the Natural Resources Defense Council finds "it is virtually certain" oil and gas violations are never reported because of inadequate enforcement. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Hercules lands rig deal after Saudi blow Hercules Offshore, one of the companies hurt by the low price of oil, said Thursday it signed a five-year contract with Eni for work off the West African coast. ... more		U.S. crude oil storage hammers oil prices Crude oil prices suffered major losses Thursday after U.S. federal data show commercial crude oil inventories surged to their highest level in 80 years. ... more		Constellations of Power: Smart Dragon-3 and the Geopolitics of China's Space Strategy Ten Years Later, LIGO is a Black-Hole Hunting Machine 10 Pizza Facts Everyone Should Know and Love		Zhou Yongkang: oil man whose well of power finally ran dry Former top Communist Zhou Yongkang rose through China's state oil industry to become the country's internal security chief - and amassed so much power, according to analysts, that he brought about his own downfall. ... more
Woodside Petroleum closes on Apache grab More than $2 billion was spent on acquiring liquefied natural gas assets in Australia from Apache Corp. and more deals are expected, Woodside Petroleum 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		AAA: Gas prices moving lower If crude oil prices remain low as expected, the national average price for a gallon of gasoline in the United States will drift back toward $2, AAA said. ... more		Suncor Energy: Prudence gives us strength Suncor Energy of Canada said it was making good progress on cost management measures that included the elimination of 1,000 staff positions. ... more

	Permian shale gas pipeline to Mexico announced A new 200-mile long pipeline will carry natural gas from a shale basin in Texas to an international connection at the Mexican border, ONEOK Partners announced. ... more		Beluga concerns nix Quebec oil terminal, delays pipeline Pipeline builder TransCanada announced Thursday it will not build a marine terminal at Cacouna, Quebec, saying increased tanker traffic in the region would have harmed a pod of beluga whales. ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Shell responds to federal decision on Alaskan waters		Alaska oil and gas lease draws criticism		Oil prices inch up as Iranian talks drag on		BNSF makes oil-train safety commitments		Germany outlines rules on fracking
USGS reviews Cuba's oil potential		Poverty to rise in Russia, World Bank says		Production starts in Danish North Sea		DNO stops energy work in Yemen		Gas prices falling back to earth

U.S. oil-by-rail overshadows Canada's

Drill more, U.S. energy groups say

Eni to explore for reserves offshore Myanmar

Oil slumps as Iran talks deadline looms

Texas oil production increasing

Iran talks again drag on oil prices

CNOOC 2014 profit rises despite 'blow' from oil price slump

U.S. GDP pulls reins on oil prices

Looking to space to quantify natural gas leaks on Earth

Statoil finds more gas offshore Tanzania

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

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