Oil and Gas News

May 09, 2015

Curb gas flaring, U.S. lawmakers say
Washington (UPI) May 7, 2015
The U.S. Interior Department needs to take steps to ensure gas associated with produced reserves isn't wasted, or flared, bicameral leaders said. House and Senate Democrats issued a letter to U.S. Interior Secretary Sally Jewel urging her to review a report from the Government Accountability Office finding federal standards on gas capturing are behind the curve. The letter states most of the gas vented from federal lands is methane, a potent greenhouse gas. "Eliminating this waste ... read more

Previous Issues

May 08

May 07

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May 05

May 04

Oklahoma production soars for Continental Shale production from Oklahoma basins increased 23 percent from the fourth quarter, rivaling North Dakota by nearly a quarter, Continental Resources said. ... more		Oil market rally loses steam Economic uncertainty, highlighted by U.S. unemployment figures, put a throttle on crude oil markets, sending key indices into negative territory Thursday. ... more		Dalrymple: North Dakota needs more pipelines As emergency crews respond to the latest oil train derailment in North Dakota, the state's governor called for the quick development of more pipeline capacity. ... more
				Marathon: Libyan uncertainty remains There's a "considerable" amount of uncertainty surrounding production from Libyan oil reserves, Marathon Oil said in a quarterly report. ... more		Onshore rig count in Middle East rises The number of rigs actively exploring for or producing natural resources in the Middle East is rising, while other regions post declines, Baker Hughes showed Thursday. ... more

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

Gazprom eyes first deepwater well in Vietnam Russian energy company Gazprom said it was planning to work alongside its Vietnamese peers in drilling the latter's first-ever deepwater exploration well. ... more		US calls off protection mission for US-flagged vessels in Gulf 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. ... 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		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

Army Network Modernization 2015 - Washington DC June 23-25

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		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		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		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

	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

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

U.S. shale players doing more with less		Another rig company stumbles		Iran says U.S. oil reps headed to Tehran		New refinery online in North Dakota		European optimism sparks crude oil rally
Oil Price War May Benefit Both US Shale And Saudi Arabia		Why The US Should Worry About Oil Sector Jobs		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

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