Oil and Gas News

June 03, 2015

IHS: Arab defense spending influenced little by oil
London (UPI) Jun 2, 2015
Despite the heavy influence oil revenue plays for some Middle East countries, spending on defense remains positive, a review from IHS Inc. finds. IHS in its review of defense spending by Saudi Arabia, Qatar and United Arab Emirates finds upward momentum despite a weakened crude oil market. "Despite Saudi Arabia's heavy exposure to oil price fluctuations, there have been very few signs of any severe reactionary adjustments to government spending trends," Craig Caffrey, principal defense b ... read more

Previous Issues

Jun 02

Jun 01

May 29

May 28

May 27

Pioneer sells Texas shale operations for $2.15 billion The $2.15 billion sale of Eagle Ford shale interests in Texas is a chance to shift to the oil-rich Permian basin in the state, Pioneer Natural Resources said. ... more		AAA expects a summer for road trips U.S. gasoline prices are on a steady climb, though they may be peaking as refineries complete seasonal turnover work, motor club AAA reports. ... more		Oil up on positive demand sentiment Expectations of growth in global oil demand helped crude oil prices recover from Monday's slump, with the U.S. benchmark again moving above $60 per barrel. ... more
				New low rig count in North Dakota The number of rigs actively exploring for or producing oil and gas in North Dakota hit a new low Monday at 80, state data show. ... more		Oklahoma next to ban drilling bans Oklahoma's governor said a "patchwork" approach to oil and gas regulation wasn't in the state's interest, reaffirming a state entity as the sole overseer. ... more

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

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

Saudi Aramco revisits rig contracts U.S. rig company Hercules Offshore said Monday its clients in Saudi Arabia withdrew a notice to terminate a contract for its services. ... more		Oil animals collected from California beaches Days after a warning from activists on the Gulf of Mexico, Plains All American says it continues collecting oiled animals and soil from California beaches. ... 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		Oil starts June on a down note Oil prices started June on a down note as analysts wait and see whether members of OPEC will announce plans to cut back on production. ... more
				Arctic drilling 'will happen,' Alaska's governor says After a tour of a Shell drilling rig in Seattle, Alaska Gov. Bill Walker said oil is the lifeblood of the state's economy and arctic drilling "will happen." ... more		Alaska LNG gets export nod Alaskan lawmakers cheered a federal decision that clears the way to send liquefied natural gas from state ports to non-free trade markets in Asia. ... more

Army Network Modernization 2015 - Washington DC June 23-25

U.S. sectors spar over crude oil exports Domestic U.S. oil refineries may be reaching their capacity, highlighting the need to reach foreign shores with more exports, an energy coalition said. ... more		Animals dead as a result of California oil spill More than two dozen animals have died as a result of contact with oil residue left over from the spill off the coast of California, a unified command said. ... 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		Crude oil markets up slightly Friday Crude oil prices started the last trading day of May on a high note, gaining ground despite concerns about the pace of the global recovery. ... more
New pollution alert closes California beaches Workers scrambled to clean oil pollution along a series of California beaches near Los Angeles on Thursday, barely a week after a huge oil spill further up the coast. ... more		U.S. labor numbers drag on oil A poor showing for the U.S. labor market sent oil prices lower in early Thursday trading, with key indices off about a half percent from the previous session. ... more		Texas oil production falls Total crude oil production in Texas in March dropped by close to 2 percent from the previous month, data from the state energy regulator show. ... more		Frac sand industry booming While the shale phenomenon may be spreading, a U.S. Geological Survey report finds the United States will continue to lead in the use of sand for fracking. ... more

	EPA issues clean-up order for California oil spill The U.S. federal government issued an order to Plains All American Pipeline to ensure the California coastline is restored after last week's oil spill. ... more		Chevron shareholders vote for political spending Chevron's top executive said the company would vet the shoot down of proposals to spend less on political maneuvering and more on environmental issues. ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Alberta fires threaten oil installations		Wildfires force third Canada bitumen mine to close		Oil markets hold fire ahead of data release		Johan Sverdrup delays hurt, Norway says		Wildfires threaten Alberta oil operations
Texas economic outlook darkens		Plains defends California pipeline infrastructure		Total reaches production milestone in Angola		Iran denies military role in Iraqi oil fight		Forest fire forces 10% cut in Canada oil sands output

Report: South Sudan's fate hinges on oil

Removal set for breached California oil pipeline

Eni finds gas offshore Libya

Crude oil markets losing ground

European cash to support Ukraine's energy reforms

Statoil: North Sea pipeline breach 'significant'

Statoil comes up dry in Norwegian Sea

Iran says it foiled US cyber attack on oil ministry

Natural gas versus diesel: Examining the climate impacts

Are US Drillers Actually Making A Comeback?

Iran sets oil sights on Asia

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

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.