Oil and Gas News

May 13, 2015

Shell's Alaska nod met with outrage
Anchorage, Alaska (UPI) May 12, 2015
A federal decision to give conditional approval to Shell to drill in the arctic waters off the coast of Alaska was an egregious error, advocacy groups said. "Instead of holding Shell accountable and moving the country towards a sustainable future, our federal regulators are catering to an ill-prepared company in a region that does not tolerate cutting corners," Greenpeace Senior Research Specialist Tim Donaghy said in a statement emailed to UPI. The federal Bureau of Ocean Energy Managem ... read more

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May 08

Mixed bag for U.S. gasoline prices, AAA says The retail price for a gallon of gasoline in the United States is the highest so far for the year, but the lowest for this date since 2009, AAA said. ... more		World panel warns of risks of oil price volatility Volatility in the world energy marketplace exposes the global economy to substantial risks moving forward, a global committee report said. ... more		Maersk Oil makes North Sea discovery About a month after starting production in the region, Maersk Oil said Tuesday, it found a new source of reserves in the Danish waters of the North Sea. ... more
				Ecuador campaign urges Brad Pitt not to make oil movie Activists have launched a campaign urging Hollywood heartthrob Brad Pitt not to make a movie based on what they call a biased account of Ecuador's battle with oil giant Chevron over environmental damage in the Amazon. ... more		Encana looks forward after lower profits Largely from U.S. shale basins, Canadian energy company Encana Corp. said Tuesday its production improved, though profits took a major hit. ... 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

Crude oil prices holding steady Crude oil prices retreated from early gains Tuesday amid market uncertainty following delays in the release of a monthly market report from OPEC. ... more		Noble grabs Texas shale in $2.1 billion deal Noble Energy Inc. said Monday it was moving into two Texas shale basins with the $2.1 billion acquisition of rival Rosetta Resources. ... 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		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

Army Network Modernization 2015 - Washington DC June 23-25

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		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		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		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

	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

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Marathon: Libyan uncertainty remains		Onshore rig count in Middle East rises		Gazprom eyes first deepwater well in Vietnam		Curb gas flaring, U.S. lawmakers say		Oklahoma production soars for Continental
Oil market rally loses steam		US calls off protection mission for US-flagged vessels in Gulf		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

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