Oil and Gas News

April 30, 2015

BP signals start of new North Sea campaign
London (UPI) Apr 29, 2015
British energy company BP said Wednesday it was marking the start of a campaign west of the Shetland Islands with deepwater drilling in the Loyal oil field. BP is working as the operator at the Loyal field on behalf of its partners at Royal Dutch Shell and Austrian energy company OMV using the Deepsea Aberdeen rig. BP President for North Sea operations Trevor Garlick said the start of drilling marks an "important milestone" for regional operations. The British company said five wells are ... read more

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Iran looks inward for economic gains Iran's economic transformation rests with domestic issues and not with ongoing nuclear negotiations, Supreme Leader Ali Khamenei said Wednesday. ... more		Gazprom profits down 86 percent Russian energy company Gazprom said Wednesday its profits for the year ending Dec. 31 were down 86 percent on currency values and charges tied to Ukraine. ... more		Pipeline companies probe aerial leak monitoring Three of the biggest pipeline companies in North America signed a partnership agreement to find ways to monitor for leaks using aerial technology. ... more
				Oil markets stagnant as U.S. GDP disappoints Crude oil prices moved up modestly in early Wednesday trading despite weak demand and gross domestic product reports from the United States. ... more		Qatar opens $1 bn environmental gas project Qatar officially unveiled on Tuesday what it said is the world's biggest environmental project, a $1 billion plant to capture wasted gas. ... 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

Hercules Offshore: Rig market depressed The demand for offshore rigs should remain low for the year with few signs of recovery in the current oil price market, U.S. rig company Hercules Offshore said. ... more		Combination of gas field fluid injection and removal cause of earthquakes A seismology team led by Southern Methodist University (SMU), Dallas, finds that high volumes of wastewater injection combined with saltwater (brine) extraction from natural gas wells is the most li ... more		As world burns, India's Amitav Ghosh writes for the future Fire on Ice: The Arctic's Changing Fire Regime Cosmic krypton timestamps reveal Australia landscape evolution and resources		U.S. frontier energy plans under fire A South Carolina congressman's question over state authority over maritime territory and concerns about transparency may curb frontier U.S. oil developments. ... more
				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

Army Network Modernization 2015 - Washington DC June 23-25

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		GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles JWST red dots reveal rapidly growing early black holes Explore the World with These Travel Tips		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
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		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		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

	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		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

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

Saudi demand views lift oil prices		Norway sees oil, gas safety off to rough start		CNOOC revenue off nearly 40 percent		Oil hits 2015 peak as Saudis resume strikes on Yemen		EU sees need for LNG in energy plan
Russia eyes Argentinean energy role		Kazakhstan hosts oil-spill roundtable		GDF Suez launches rebranding blitz		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

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