Oil and Gas News

June 10, 2015

London: Iraqi oil and security go hand-in-hand
London (UPI) Jun 9, 2015
Good governance and sweeping national security are integral parts of the investment future in the Iraqi oil sector, the British energy minister said. An Iraqi oil exhibition opened this week in London. British Energy Minister Andrea Leadsom said that although British energy companies are playing an active role in Iraq, security and cooperation across the entire country is needed to improve the investment climate. "In Iraq, lower oil prices in particular have highlighted some weaknesses i ... read more

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Jun 09

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Jun 04

Statoil sells home office to release cash Norwegian energy company Statoil said it sold its corporate offices in Stavanger and signed a 15-year lease with new owners in an effort to release capital. ... more		Despite ambitions, BP sees Russian gas waning BP in a statistic review said Russian natural gas production declined, just as the Kremlin holds out its reserves as a component of European energy security. ... more		AAA: Gas prices may have peaked The national average retail price for a gallon of regular unleaded gasoline in the United States is likely near its yearly peak, motor club AAA said. ... more
				OPEC declared war, Texas regulator says The U.S. government needs to overturn a ban on crude oil exports as a counteroffensive to the oil war waged by OPEC, a Texas energy regulator said. ... more		Crude oil shipper settles in Lac-Megantic rail disaster A company tied to the sale of the oil on the train that crashed in Lac-Megantic, Quebec, in 2013 said it agreed to contribute to a settlement for victims. ... more

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

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

Nuclear Decommissioning And Used Fuel Market 2015

Oil rallies on expected dip in U.S. shale An expected drop off in oil production from U.S. shale basins sent crude oil prices soaring in Tuesday trading, with WTI up more than 2 percent. ... more		Russia mulls oil sales for Iran Iranian crude oil could make its way to the international market using Russian intermediaries, the Russian energy minister said. ... 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		Trace amounts of oil still on California beaches While less than half of the California beaches soiled by last month's spill are cleaned, those remaining have only trace amounts of oil, a unified command said. ... more
				Tepid growth forecasts sends oil lower Crude oil prices drifted lower in early Monday trading as world leaders said from Germany more work was needed to keep the global economy moving. ... more		Iran sees oil interest from Europe While some European companies are eager to work with Iran, the country's oil minister said there's been few commitments on oil sales. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Global economic policies may hinge on oil prices Countries that depend heavily on oil for part of their government revenue may see company's investment appetite wane without fiscal reforms, analysis finds. ... more		Rig numbers in North Dakota recover The number of rigs actively exploring for or producing oil and natural gas in North Dakota recovered from recent lows, state data show. ... 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		Cyprus emerging as regional gas player A group of Israeli energy partners said they were declaring a natural gas reservoir discovered off the coast of Cyprus a commercial prospect. ... more
Angolan president heads to China as low oil price bites Angolan President Jose Eduardo dos Santos headed on Monday for his first official visit to China in seven years as his country, which is Africa's second largest oil producer, struggles with falling oil prices. ... more		Longevity of bear oil market concerns Texas One of the primary challenges looming for over the health of the Texas state economy is the low price of oil, a report from the Dallas Federal Reserve said. ... more		Sudan's Bashir names new foreign, oil, defence ministers: TV Sudanese President Omar al-Bashir started forming a new government late Saturday, state television reported, more than a month after he swept elections boycotted by the mainstream opposition and marred by poor turnout. ... more		Canada's Cenovus buys rail terminal Canadian energy company Cenovus said it agreed to spend roughly $75 million to acquire a rail facility for oil transport near Edmonton, Alberta. ... more

	Slow demand pushes oil prices lower Tepid global economic growth expectations from the Organization of Petroleum Exporting Countries sent crude oil prices drifting lower in early Friday trading. ... more		Energy job losses mount, but sector recovering The number of people seeking unemployment assistance in May in the U.S. extractive industries was up by nearly 5 percentage points year-on-year, federal data show. ... more

Russia offers to extend nuclear arms limits with US

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

More than 150 killed in Ghana petrol station blast, floods		U.S. losing rig count race		Oil exports a strategic move, Murkowski says		Canadian firm renews oil production after fire		The invisible key to methane hydrates
At least 90 killed in Ghana petrol station fire		No widespread danger to water from fracking: US agency		Statoil: Low-carbon ambitions not enough		Texas oil and gas outlook negative		Oil prices drift further into the red for the week

Alaska adds oil to U.S. total

Woodside, Sempra mull Texas LNG project

PHMSA: California oil pipeline corroded

Bakken gets federal crime strike force

Fire threat to oil abates in Alberta

French company grabs Russian LNG

Iran says end of sanctions could lift oil output by 1.0 mn bpd

Former PHMSA chief questions need for Keystone XL

Report: LNG could challenge oil as transport fuel

Crude oil prices tumbling

Canadian oil exports by rail fall

Back off, Alaskan energy group tells Shell activists

IHS: Arab defense spending influenced little by oil

Pioneer sells Texas shale operations for $2.15 billion

AAA expects a summer for road trips

Oil up on positive demand sentiment

Alaska LNG gets export nod

New low rig count in North Dakota

Oklahoma next to ban drilling bans

U.S. sectors spar over crude oil exports

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