Oil and Gas News

May 07, 2015

US calls off protection mission for US-flagged vessels in Gulf
Washington (AFP) May 6, 2015
The US Navy has halted a mission to accompany American-flagged vessels passing through the Strait of Hormuz, the Pentagon said Wednesday, in a sign of reduced tensions in the strategic waterway. The protection mission had been ordered last week after a Marshall Islands-flagged ship was seized by Iran's Revolutionary Guard forces and a US-flagged vessel was harassed. The mission came to an end on Tuesday but US warships will remain in the area to conduct "routine maritime security operations," ... read more

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May 06

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May 04

May 01

Apr 30

New leftist Alberta leader seeks to reassure energy sector The new leftist leader of Canada's oil-rich Alberta province sought to reassure energy investors Wednesday, saying she would work with industry to plan cuts to greenhouse gas emissions and on taxation. ... more		Iraq's largest oil refinery under threat from IS: US Iraq's largest oil refinery is under growing threat from Islamic State jihadists, who have advanced inside the perimeter of the facility, the US military said Wednesday. ... more		As Iran oil fair opens, foreign companies weigh return Iran is expected to outline big oil and gas projects at a major industry event Wednesday ahead of a possible nuclear deal that could allow global energy giants to return. ... more
				Weak Iraqi oil demand hurts Norway's DNO Though it reached its capacity target at an oil field in the Kurdish north of Iraq, Norwegian energy company DNO said Wednesday it suffered heavy losses. ... more		Rally continues for crude oil market A drop in U.S. crude oil inventories led to another banner day for crude oil markets with crude oil indices gaining at least a full dollar in Wednesday trading. ... 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

Next Generation Integrated ISR 2015 - Washington DC - July 27-29

Two dead in Mexican oil rig accident In the second such incident in less than a month, a Mexican energy company said two workers died after an accident on an offshore oil rig. ... more		Crude oil train derails in North Dakota Federal regulators said Wednesday a North Dakota town was evacuated after several tank cars carrying crude oil derailed and caught fire. ... 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		Denmark halts fracking at Total site Denmark said Wednesday that it had stopped the first exploratory drilling for shale gas in the country a day after it began, accusing French company Total of using an unauthorised chemical. ... more
				New heads for all three Chinese oil giants China has replaced the heads of its three biggest energy companies, the firms said in separate statements, as speculation mounts over reforms to the oil industry. ... more		Iraqi pipe dreams A recent article in the New York Times written by the Iranian foreign minister, Mohammad Javad Zarif, was breathtaking in its hypocrisy. ... more

Army Network Modernization 2015 - Washington DC June 23-25

EU outlines energy diversity strategy A diverse source of energy, from Caspian to potential North American sources, is needed for European security, the EU's energy commissioner said Tuesday. ... more		More oil on tap for OPEC member Angola Italian energy company Eni announced Tuesday it was ahead of the curve with what its partners described as a breakthrough operation offshore Angola. ... 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		U.S. shale players doing more with less Though net profits and spending are down, companies working in U.S. shale basins are finding well costs going down while production forecasts grow. ... more
Another rig company stumbles One of the largest rig services companies in the world, Diamond Offshore Drilling, said Monday it lost $256 million during the first quarter of the year. ... more		Iran says U.S. oil reps headed to Tehran Delegates from the U.S. oil industry are expected in Tehran to explore the possibility of conducting business there, Iran's deputy oil minister said Monday. ... more		New refinery online in North Dakota A new refinery in North Dakota, the first of its kind in the country in nearly 40 years, will help drive the state's economy forward, MDU Resources said. ... more		European optimism sparks crude oil rally A report of better-than-expected growth in the European economy sent crude oil prices to new 2015 levels, with key indices up more than 2 percent Tuesday. ... more

	Oil Price War May Benefit Both US Shale And Saudi Arabia Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slu ... more		Why The US Should Worry About Oil Sector Jobs Outside of individual's holding oil stocks, damage to the economy from the fall in oil has been pretty minimal so far. Indeed, the price cut in home heating oil and gasoline has probably outweighed ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Oil and gas development transforms landscapes		EU energy strategy extends beyond Europe		Rig data show Oklahoma beats North Dakota		Chinese stock gains lift oil prices		Pipeline traffic lifts Enbridge income
Has The US Reached "Peak Oil" At Current Price Levels?		Riyadh reshuffle reaches Saudi Aramco		US Navy bolsters presence in Gulf after Iran seizure		Oil refinery group: Safety measures need to go beyond rail car design		Texas oil pipeline network to expand

Shell agrees to start clean up of 2008 Niger Delta oil spill

Gas prices mirror crude oil's rise

Five years of research since the Deepwater Horizon oil spill

BP signals start of new North Sea campaign

Iran looks inward for economic gains

Gazprom profits down 86 percent

Pipeline companies probe aerial leak monitoring

Oil markets stagnant as U.S. GDP disappoints

Qatar opens $1 bn environmental gas project

Hercules Offshore: Rig market depressed

Combination of gas field fluid injection and removal cause of earthquakes

U.S. refinery group opposes exports

World Bank: Ukraine needs deep reform

Production edges up for Statoil

Diversity focus of Exxon, Shell earnings reports

Oil prices lower after rally

Macroeconomics lifts crude oil prices

North Dakota gas capturing up for Whiting

Nova Scotia calls explorers to frontier territory

U.S. frontier energy plans under fire

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