Oil and Gas News

June 15, 2015

Total U.S. oil production increases
Washington (UPI) Jun 11, 2015
Total U.S. crude oil production reached 9.6 million barrels per day, with output from the Lower 48 states showing some recovery, federal data show. The total U.S. crude oil production for the week ending June 5 was about a quarter of a percent higher than the previous week. The U.S. Energy Information Administration reports 9.1 million bpd came from the Lower 48 and 509,000 bpd came from Alaska, which in the EIA's last report was the lone standout in production gains. Though Alaska is th ... read more

Previous Issues

Jun 14

Jun 12

Jun 11

Jun 10

Jun 09

Hess brings partners to Bakken infrastructure U.S. midstream player Hess Corp. said it brought a new partner into its North Dakota operations with the goal of taking a pole position in the Bakken shale. ... more		Oil prices fizzle on so-so economic data Expectations of a short-term global decline in oil demand and a modest increase in U.S. unemployment sent crude oil prices lower in early Thursday trading. ... more		Survey: Mid-life crisis for North Sea oil sector Most oil and gas companies working in the North Sea canceled projects and about half have cut staff because of the weak oil market, a survey found. ... more
				Iran learning to cope with low oil sales Revenue generated from oil sales from Iran have declined dramatically, but the country needs to learn to cope, an Iranian government spokesman said. ... more		Spending planned in Colorado shale Colorado energy company Bill Barrett said it planned to invest more capital on drilling operations in the Denver-Julesburg shale basin in the state. ... 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

Chevron to rebuild in the Gulf of Mexico Chevron is spending money in the U.S. Gulf of Mexico to have existing installation removed and new equipment added in deep waters, French company Technip said. ... more		The Evolution Of The Oil Weapon Washington DC (SPX) Jun 11, 2015 In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on cou ... 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		'Myths' persist about the increase in human-caused seismic activity Seismologists studying the recent dramatic upswing in earthquakes triggered by human activity want to clear up a few common misconceptions about the trend. There is increasing evidence that these ea ... more
				UK oil firm accused of bribery in DR Congo national park British oil company Soco International paid off an army officer accused of silencing critics of exploration in Democratic Republic of Congo's Virunga National Park, an NGO alleged on Wednesday. ... more		OPEC no place for debate, Iran says Meetings between members of the Organization of Petroleum Exporting Countries are no place for debate, Iran's oil minister said. ... more

Army Network Modernization 2015 - Washington DC June 23-25

Oil production forecast for Canada lowered While demand for Canadian oil remains strong, an industry group said the low price for crude oil forced it to cut its production estimates for 2030. ... more		Oil rallies in response to OPEC report Expectations of increased demand for oil from the Organization of Petroleum Exporting Countries sent crude oil prices higher in Wednesday trading. ... more		GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles JWST red dots reveal rapidly growing early black holes Spaceflight study links astronaut biology to reversible shifts in epigenetic age		London: Iraqi oil and security go hand-in-hand Good governance and sweeping national security are integral parts of the investment future in the Iraqi oil sector, the British energy minister said. ... more
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		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

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

Russia mulls oil sales for Iran		Longevity of bear oil market concerns Texas		Sudan's Bashir names new foreign, oil, defence ministers: TV		Trace amounts of oil still on California beaches		Tepid growth forecasts sends oil lower
Iran sees oil interest from Europe		Global economic policies may hinge on oil prices		Rig numbers in North Dakota recover		Cyprus emerging as regional gas player		Angolan president heads to China as low oil price bites

Canada's Cenovus buys rail terminal

Slow demand pushes oil prices lower

Energy job losses mount, but sector recovering

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

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.