Oil and Gas News

May 12, 2015

Noble grabs Texas shale in $2.1 billion deal
Houston (UPI) May 11, 2015
Noble Energy Inc. said Monday it was moving into two Texas shale basins with the $2.1 billion acquisition of rival Rosetta Resources. Noble moved to acquire all the common stocks of Rosetta Resources, which hold more than 100,000 net acres in two premier Texas shale basins. "I am excited to announce this strategic transaction which adds two exceptional and material areas to our global portfolio," Dave Stover, Noble's top executive, said in a statement. "The Eagle Ford and the Permian are ... read more

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May 07

Murkowski wants clarity on condensates Federal law lacks a clear definition of condensate, a light form of oil found in shale and cleared for exports, a bill tabled by U.S. Sen. Lisa Murkowski read. ... more		Rig data paints mixed U.S. oil picture State and industry data show the number of rigs actively exploring for or producing oil and natural gas in the top three U.S. producing states declined. ... more		Crude oil prices drift lower ahead of OPEC report Crude oil markets held their breath in early Monday trading as markets waited for official word on midseason trajectory from members of OPEC. ... more
				Obama approves drilling in Arctic US President Barack Obama's administration on Monday approved petroleum giant Shell's request to begin drilling for oil and gas in the Arctic Sea under certain conditions, despite opposition from environmental groups. ... more		BG Group improving for Shell Helge Lund, chairman of British energy company BG Group, told a British newspaper he'd deliver to Shell-- a company well suited to navigate a new energy market. ... 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

Gazprom: Russia, Iran natural energy partners Iran and Russia are natural energy partners as both countries work to advance their objectives under sanctions pressure, a Gazprom official said in Tehran. ... more		Juvenile shale gas in Sweden Considering geological time scales, the occurrence of biogenic shale gas in Sweden's crust is relatively young. An international team of geoscientists (led by Hans-Martin Schulz, German Research Cen ... 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 technique shows shale-drilling additives in drinking-water Substances commonly used for drilling or extracting Marcellus shale gas foamed from the drinking water taps of three Pennsylvania homes near a reported well-pad leak, according to new analysis from ... more
				World Bank: Stop flaring gas Natural gas is a bridge fuel to a low-carbon economy so it's unfortunate companies are burning it off at the wellhead, a World Bank spokesman said Friday. ... more		Rail traffic to resume through N.D. town Rail traffic is expected to continue through a small North Dakota town at the center of latest oil train debate before the weekend, rail company BSNF said. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Crude oil markets search for traction Crude oil markets recovered from midweek losses Friday to post modest gains as U.S. employment data masks a downturn in parts of the energy sector. ... 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		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		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		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		Curb gas flaring, U.S. lawmakers say The U.S. Interior Department needs to take steps to ensure gas associated with produced reserves isn't wasted, or flared, bicameral leaders said. ... more		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		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

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

New leftist Alberta leader seeks to reassure energy sector		Iraq's largest oil refinery under threat from IS: US		As Iran oil fair opens, foreign companies weigh return		Weak Iraqi oil demand hurts Norway's DNO		Rally continues for crude oil market
Two dead in Mexican oil rig accident		Crude oil train derails in North Dakota		Denmark halts fracking at Total site		New heads for all three Chinese oil giants		Iraqi pipe dreams

EU outlines energy diversity strategy

More oil on tap for OPEC member Angola

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

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