Oil and Gas News

May 14, 2015

Capitol Hill weighs in on Shell's plans for Alaska
Washington (UPI) May 13, 2015
U.S. lawmakers had their say on the conditional consent given to Shell's plans for offshore Alaska, saying it's an affirmation of the industry's track record. While some permitting processes remains, the federal government gave conditional approval to a multiwell plan by Shell for operations in the arctic waters of the Chukchi Sea. Rep. Rob Bishop, R-Utah, chairman of the House Natural Resources Committee, said the federal nod is an affirmation of an industry commitment to safety. While ... read more

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May 12

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May 10

May 09

LNG slated for U.S. exports A plant in Texas is authorized to send liquefied natural gas to countries that don't have a free-trade deal with the United States, the federal government said. ... more		Iran sees Bulgaria as a gas bridge to Europe Bulgaria is in a geographical position to serve as a stepping stone for Iranian gas ambitions to reach Europe, the Iranian president said. ... more		Offshore Ireland yields new oil There may be as much as 1.5 billion barrels of reserves in frontier prospects off the coast of Ireland, junior explorer Europa Oil & Gas said. ... more
				Oslo drilling company optimistic about future One of the world's largest offshore service companies, Prosafe, said Wednesday oil market momentum could support demand in the second half of the year. ... more		Enbridge, Michigan reach settlement for 2010 oil spill A Michigan environmental regulator said Wednesday it was pleased with an Enbridge settlement that focuses on restoration work from a 2010 oil spill. ... 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

North Dakota to research CCS The U.S. Energy Department and the University of North Dakota entered a two-year agreement to curb carbon emissions from fossil fuels, a state senator said. ... more		Shell's Alaska nod met with outrage 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. ... more		As world burns, India's Amitav Ghosh writes for the future Fire on Ice: The Arctic's Changing Fire Regime Cosmic krypton timestamps reveal Australia landscape evolution and resources		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

Army Network Modernization 2015 - Washington DC June 23-25

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		GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles JWST red dots reveal rapidly growing early black holes The decentralized future of space transactions		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		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

Greenland is helpful, but not vital, for US missile defense

European military mission in Greenland as US aim 'remains intact'

Amazon expands 'sovereign cloud' in Europe

Gazprom: Russia, Iran natural energy partners		Juvenile shale gas in Sweden		New technique shows shale-drilling additives in drinking-water		World Bank: Stop flaring gas		Rail traffic to resume through N.D. town
Crude oil markets search for traction		Dalrymple: North Dakota needs more pipelines		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

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