Oil and Gas News

April 14, 2015

Statoil makes oil discovery in Gulf of Mexico
New Orleans (UPI) Apr 10, 2015
At the same time that its industry peers are touting the region's success, Norwegian energy company Statoil, said it made an oil discovery in the Gulf of Mexico. The Norwegian major announced it made an oil discovery in the Yeti prospect of the Gulf of Mexico. "We are analyzing data to determine the size of the discovery in order to consider future appraisal options," Jez Averty, a vice president for regional exploration, said in a statement. The discovery came as industry peer He ... read more

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Apr 08

Baker Hughes suspends key well count report Oil services company Baker Hughes announced it was suspending the publication of a quarterly barometer of the strength of the U.S. onshore energy sector. ... more		Oil prices end week up about 1 percent Oil prices held steady Friday ahead of key industry data as markets took a wait-and-see approach on strong Chinese economic momentum. ... more		Faroe boasts of North Sea dominance Faroe Petroleum said Friday it's among the regional leaders in terms of Norwegian operations after announcing results from a North Sea exploration well. ... more
				Jihadists attack Iraq's largest oil refinery Islamic State militants on Saturday launched suicide attacks against the Baiji oil refinery, Iraq's largest, a senior army officer said. ... more		Oil jumps as Iran raises new challenge to nuclear deal Crude prices jumped Friday to finish a volatile week on a high note after Tehran raised new questions about the nuclear deal that would allow Iranian oil back into the market. ... more

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Horse Hill oil discovery sparks fracking fears With major oil deposits uncovered in England, an advocacy group said it was concerned about the pace of the fledgling shale industry in the country. ... more		Greenpeace activists leave Arctic-bound oil rig Six Greenpeace activists who scaled an Arctic-bound Shell oil drilling rig in the middle of the Pacific Ocean abseiled down on Saturday, with the oil giant securing a restraining order against the environmental group. ... 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		Hoeven: Infrastructure needed for oil boom The potential for funding for pipeline safety will help ensure the infrastructure is in place to support U.S. energy trajectory, a North Dakota senator said. ... more
				Woodside closes on Canadian energy acquisition Australian energy company Woodside Petroleum announced Friday it closed on a deal to acquire Canadian interests from rival Apache Corp. ... more		Americas seek stronger energy ties Stronger ties in the regional energy sector may help with economic development in the Western Hemisphere, U.S. and Canadian leaders said. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Shell standing above its peers Shell's grab of energy giant BG Group and a legal victory for frontier work offshore Alaska leaves rivals in the dust, though environmentalist are unimpressed. ... more		Statoil finds more gas in Norwegian Sea Norwegian energy company Statoil said Monday it made a gas discovery in the Norwegian Sea in an area near a find made less than a month ago. ... 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 NASA awards Blue Origin new lunar mission to deliver VIPER rover in 2027		North Dakota rig slump continues The number of rigs actively exploring for or producing oil and gas in North Dakota, is down more than half from its historic peak, state data show Monday. ... more
Good European labor figures boost oil prices A glimmer of steady recovery in the European economy helped lift oil prices nearly 2 percent in trading Monday, with Brent moving closer to $60 per barrel. ... more		Iran says it's ready to send gas to Europe Iran can serve as a reliable and steady partner for the European community in terms of natural gas needs, Iran's foreign minister said Monday. ... more		IEA: Central Asia, Eastern Europe need to open energy doors A more liberalized energy sector in Eastern Europe and Central Asia is necessary for regional energy security, a report Monday from the IEA said. ... more		Can Argentina Capitalize On Its Vast Shale Reserves? Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the ... more

	Saudi role in energy markets is changing Saudi Arabia's role in global energy markets is changing, according to a new paper from an energy expert at Rice University's Baker Institute for Public Policy. The researcher found that the kingdom ... more		Wall Street Losing Millions From Bad Energy Loans Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oi ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Breached Yellowstone River pipeline reveals crack		Study finds a natural oil dispersion mechanism for deep-ocean blowout		Methane monitoring method reveals high levels in Pennsylvania stream		Apache Corp. unloads Australian subsidiary		Saudi demand optimism lifts oil prices
Iraqi oil producer Gulf Keystone still for sale		China on tap for Iranian 'Peace Pipeline,' report says		Gazprom Neft compensated with Iraqi oil		Riyadh reasserts oil market influence		U.S. rig count down 17 percent from February

Islamic State revenues hit by lost Iraqi oil fields: report

Shell sees leverage with BG grab

Texas shale durable, report finds

Iran's oil minister heads to China

Woodside finds more gas offshore Australia

Jordan cleared for Israeli gas deliveries

Iranian media calls for boycott of Saudi oil

Oil prices drop on potential Iranian oil for China

Libya expects more oil production soon, report

Energy conference in Norway canceled because of weak market

Shell takes legal action over Greenpeace protest on rig

U.S. gas prices continue to drop

Get serious on oil trains, NTSB tells industry

Oil prices down in Asian trade

Oil prices spike on end of Saudi discount

Iraqi oil exports reached 2015 record in March

Iran expecting foreign cash in oil sector

Russia, Vietnam sign energy agreements

Search continues for Pemex rig workers missing since Wednesday

Greenpeace boards oil rig, Shell slams 'stunt'

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