Oil and Gas News

May 28, 2015

Wildfires force third Canada bitumen mine to close
Ottawa (AFP) May 27, 2015
Evacuation orders for thousands in Alberta were lifted Wednesday while a third oil company joined others in shuttering its facilities threatened by wildfires in the Canadian oil patch. The fires have blackened nearly 30,000 hectares (7,413 acres) of forests in the Canadian province, forcing a 14-percent cut in oil sands production as residents and oil workers were ordered this week to flee. As of 10:00 am (1600 GMT), 63 forest fires were still burning, but the number of out-of-control blazes had ... read more

Previous Issues

May 27

May 26

May 25

May 24

May 22

Oil markets hold fire ahead of data release Crude oil markets stood pat before the opening bell in New York as traders waited Wednesday for key industry data on supply and demand. ... more		Johan Sverdrup delays hurt, Norway says Delays in planning for the Johan Sverdrup field off the coast of Norway left the country short of its 10-year reserve growth objectives, the government said. ... more		Wildfires threaten Alberta oil operations Canadian producer MEG Energy Corp. became the latest to evacuate non-essential staff from Alberta following the potential risk from forest fires. ... more
				Texas economic outlook darkens Sector data extending beyond oil and gas in Texas dropped to its lowest level in six years, an outlook report from the Dallas Federal Reserve found. ... more		Plains defends California pipeline infrastructure Plains All American defended pipeline infrastructure in California after last week's spill, saying automatic shutoff valves were not the best safety option. ... more

The World's Largest Commercial Drone Conference and Expo - Sept 9 - Las Vegas

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

Total reaches production milestone in Angola With 2 billion barrels of cumulative production from an offshore block in Angola, French energy company Total said Wednesday it set the global gold standard. ... more		Iran denies military role in Iraqi oil fight An Iranian deputy foreign minister denied allegations that Iranian forces were fighting in Iraq to regain control over the Beiji oil refinery. ... 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		Forest fire forces 10% cut in Canada oil sands output Two oil companies announced Monday the temporary shuttering of their Canadian oil sands mines and the evacuation of hundreds of staff as a massive forest fire creeped close. ... more
				Report: South Sudan's fate hinges on oil The political unity holding South Sudan together may hinge on battles over oil-producing regions along the country's northern border, an analyst said. ... more		Removal set for breached California oil pipeline Pipeline company Plains All American said operations to remove the damaged section of a pipeline that spilled oil off the California coast could begin Tuesday. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Eni finds gas offshore Libya Italian energy company Eni announced Tuesday it made its second discovery of the year at an exploration prospect off the coast of Libya. ... more		Crude oil markets losing ground Crude oil prices were down more than 1 percent early Tuesday on mixed economic news despite lingering geopolitical concerns in Asia and the Middle East. ... 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		European cash to support Ukraine's energy reforms The European Commission signed a $2 billion loan agreement Friday with Ukraine to help finance a reform agenda, including an overhaul of the energy sector. ... more
Statoil: North Sea pipeline breach 'significant' A February leak from the Gudrun platform in the North Sea had the potential to be a significant and fatal incident, an investigation from Statoil found. ... more		Statoil comes up dry in Norwegian Sea The Norwegian government said Friday energy company Statoil came up empty-handed when drilling in a frontier prospect near the Helm field in the Norwegian Sea. ... more		Iran says it foiled US cyber attack on oil ministry Iran said on Tuesday it had foiled a cyber-attack on the Islamic republic's oil ministry, and that those behind the hacking attempt were based in the United States. ... more		Natural gas versus diesel: Examining the climate impacts Some major trucking companies are turning to natural gas to fuel their fleets - and to earn "green" credit among customers. But celebrating lower emissions could be premature, according to an analys ... more

	Are US Drillers Actually Making A Comeback? Is US shale about to make a comeback? Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 perc ... more		Iran sets oil sights on Asia Iran will be among the top oil suppliers for Asian consumers if sanctions are lifted as the result of nuclear talks, Iran's deputy oil minister said. ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

California beach town cleans up after oil spill		Oil markets end week on down note		This Innovation Will Help U.S. Companies Win The Oil Price War		Total to hand back shale gas licence in Denmark		Report: Exxon reviewing U.S.-Iranian ties
Measuring air quality of natural gas extraction in Marcellus Shale region		Iran's Rouhani wants to 'free' economy from sanctions		New York snubs Albany port bitumen project		Libya pro-government raid hits oil tanker: report		California oil pipeline leaks into ocean

Further assessment needed of dispersants used in response to oil spills

OMV unsure about Yemen, Libya

Iraqi violence no concern for Gulf Keystone Petroleum

Texas city will still enforce fracking regulations

British North Sea workers to vote on strikes

BP oil spill caused dolphins' lung disease, deaths: study

Exxon makes big oil find offshore Guyana

Canada can't curb oil sands emissions fast enough: document

Chinese data, U.S. crude stocks, lift oil prices

Gazprom Neft issues upbeat report

Fracking may affect air quality and human health

Macroeconomic concerns drag on oil

Gas cheap, relatively speaking, AAA finds

Emergency declared after California oil spill

Japanese growth lifts oil prices

Verisk completes Wood Mac grab

Gazprom expects gas production to rise

Texas ban on fracking bans criticized

No contact with U.S. on oil, Iran says

Ukrainian shale handcuffed, company says

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.