Oil and Gas News

April 29, 2015

U.S. frontier energy plans under fire
Washington (UPI) Apr 28, 2015
A South Carolina congressman's question over state authority over maritime territory and concerns about transparency may curb frontier U.S. oil developments. U.S. Rep. Mark Sanford, R-S.C., was joined by state and local officials in expressing opposition to permits to conduct seismic testing to get a better understanding of potential oil and gas reserves off the coast of South Carolina. The U.S. Interior Department in February released a draft proposal for 2017-22 for access to federal w ... read more

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Gas prices may moderate, AAA says The U.S. national average retail price for a gallon of gas is above $2.50 for the first time in months, but the spike might not last, motor club AAA said. ... more		Texas oil output up, but pessimism endures Nearly half of all land rigs in service in the United States are in Texas, where a state regulator said oil production increased 5 percent from January. ... more		Riyadh's Asian grit sends oil prices lower Saudi Arabia asserted its influence on an evolving market, sending crude oil prices lower Tuesday after saying it was ready to meet growing Chinese demand. ... more
				North Dakota land grants support oil boom As an oil tax bill heads to his desk, North Dakota Gov. Jack Dalrymple said more than $12 million in grants are supporting development in the oil-rich state. ... more		Iraqi oil player 'stoic' amid price and terror threats Gulf Keystone Petroleum, which focuses on oil in the Kurdish north of Iraq, has been "stoic" amid dual threats from terror and a weak market, an executive said. ... more

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

The World's Largest Commercial Drone Conference and Expo - Sept 9 - Las Vegas

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

BP says it's surviving the weak market With profits up 15 percent from the previous quarter, BP said Tuesday it would not comment on any rumors regarding a potential takeover bid. ... more		London keen on BP's survival Amid takeover rumors, the British government said it's in the best interest for the country to have BP remain active as a player on the global stage. ... 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		Saudi demand views lift oil prices Crude oil prices edged higher in Monday trading after Saudi officials said Monday there would be ample oil on hand to meet China's growing demand. ... more
				Norway sees oil, gas safety off to rough start Energy companies working in the Norwegian sector, need to ensure safety is not a casualty of the weakened oil market, a regulator said Monday. ... more		North Dakota rig count hits new low The number of rigs in active service in North Dakota hit a new historic low Monday at 84, down more than 100 from its recent peak, state data show. ... more

Army Network Modernization 2015 - Washington DC June 23-25

West African oil active despite maritime disputes Africa-focused Tullow Oil said it was waiting for Ghana to weigh in on offshore oil after an international court decided on maritime boundary issues. ... more		Hess: Exports will keep U.S. shale alive Keeping U.S. crude oil "trapped" in the domestic market may be undermining the health of the shale industry, the top executive at Hess Corp. said. ... 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		Russian envoy says politics behind Gazprom charges Charges against Russian energy company Gazprom stem from Lithuania's government, not energy companies, a Russian envoy told a European news outlet. ... more
CNOOC revenue off nearly 40 percent China National Offshore Oil Corp. said Friday a "harsh" climate for global oil prices in part led to a 39.9 percent decline in revenue for the first quarter. ... more		Oil hits 2015 peak as Saudis resume strikes on Yemen Brent oil prices jumped this week to the highest level so far this year, as the latest Saudi-led air strikes on Yemen stoked supply tensions in the crude-rich Middle East. ... more		EU sees need for LNG in energy plan Liquefied natural gas needs to re-emerge as a central component of European energy security strategies, the European commissioner for energy said. ... more		Russia eyes Argentinean energy role Russian energy company Gazprom said it signed a memorandum of cooperation in Moscow to work alongside its counterparts on Argentina. ... more

	Kazakhstan hosts oil-spill roundtable The government in oil-rich Kazakhstan hosted a roundtable discussion on developing a regional response to spills, the OSCE said Friday. ... more		GDF Suez launches rebranding blitz French energy company GDF Suez said Friday it launched a major rebranding campaign, starting with a name change it says is emblematic of the low-carbon era. ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

EIA: Yemen presents unique energy risk		Sanchez Energy: U.S. shale production soaring		Crude oil rises along with Middle East tensions		Price plunge brings hardship to Canada oil sands El Dorado		Petrobras tries to move past darkest hour
Lavrov: Charges against Gazprom are baseless		Weatherford: North American sector 'very' rough		CO2 per barrel down in Canada, Statoil says		Scientists develop mesh that captures oil - but lets water through		IEA reviews arctic energy ambitions

Year-on-year, U.S. oil output up

Oil price rally stalls in data anticipation

Iran wants more non-oil exports, better prices

North Dakota to improve pipeline safety

BG Group prioritizes Australia, Brazil

Baker Hughes cuts 10,500 from payroll

How Much Longer Can OPEC Hold Out?

Russia's vast Arctic gas project aims to avoid Ukraine deep freeze

Iraq clears massive oil refinery of IS: coalition

Injuries reported at natural gas well fire in India

EU dreams of Iranian gas to break dependence on Moscow

Input sought for Alaska drilling program

Airstrikes target Islamic State near Iraqi refinery

Texas oil sector slowing down

US seeking to allay Gulf fears amid regional chaos

Energy sanctions economic war, Kremlin says

Schlumberger to lay off 11,000

BG Group comes up empty in North Sea

Oil prices, rig counts drift lower

EU data shoves oil prices lower

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