Oil and Gas News

May 02, 2015

U.S. refinery group opposes exports
Washington (UPI) Apr 30, 2015
A coalition of U.S. refineries said repealing a 40-year-old ban on crude oil exports will harm energy security at a time when oil markets in are flux. A group of refineries united under the banner of the Consumers and Refiners for Domestic Energy, or CRUDE, coalition said the long-standing ban on exporting domestic crude oil is protecting the U.S. energy sector during fluid market conditions. "Repealing our long-standing energy independence policy is tantamount to imposing sanctions on c ... read more

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World Bank: Ukraine needs deep reform Deep reforms in sectors ranging from budget management to energy are needed to stimulate the Ukrainian economy, the World Bank Group said. ... more		Production edges up for Statoil Norwegian energy company Statoil said Thursday its first quarter production increased nearly 4 percent year-on-year despite a significantly weakened market. ... more		Diversity focus of Exxon, Shell earnings reports Two of the world's largest energy companies, Exxon and Shell, said a balanced portfolio meant they were able to cope in a market plagued by low oil prices. ... more
				Oil prices lower after rally Oil prices edged down on Friday after another rally that came on the back of the first drop in US stockpiles for six months as well as a weaker dollar. ... more		Macroeconomics lifts crude oil prices Stable personal income and spending in the United States, coupled with lower unemployment, helped lift crude oil prices on the last trading day of April. ... 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

North Dakota gas capturing up for Whiting It's cheaper to drill and the amount of natural gas captured from North Dakota oil beat state requirements by nearly 10 percent, Whiting Petroleum said. ... more		Nova Scotia calls explorers to frontier territory A petroleum board for the province of Nova Scotia aims to bring explorers to frontier territory, touting geological prospects over short-term economics. ... 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		BP signals start of new North Sea campaign 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. ... more
				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

Army Network Modernization 2015 - Washington DC June 23-25

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		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		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
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		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		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

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

North Dakota land grants support oil boom		Iraqi oil player 'stoic' amid price and terror threats		BP says it's surviving the weak market		North Dakota rig count hits new low		West African oil active despite maritime disputes
Hess: Exports will keep U.S. shale alive		Russian envoy says politics behind Gazprom charges		London keen on BP's survival		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

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