Oil News and Gas News
June 28, 2015
OIL AND GAS
Optimizing shale gas production from well to wire
Evanston IL (SPX) Jun 28, 2015
"Hydraulic fracturing" (or fracking) and "environmentally friendly" often do not appear in the same sentence together. But as the United States teeters on the precipice of a shale gas boom, Northwestern University professor Fengqi You is exploring ways to make the controversial activity easier on the environment - and the wallet. "Shale gas is promising," said You, assistant professor of chemical and biological engineering at Northwestern's McCormick School of Engineering and Applied Science. "No ... read more
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OIL AND GAS

The true cost of fueling conflict
The United States Department of Defense (DOD) is widely reported to be the single largest consumer of petroleum in the world, spending billions of dollars on fuel every year. While the DOD provides ... more
OIL AND GAS

British shale gas decision deferred
A British county council at the center of the evolving debate over hydraulic fracturing said it was reviewing legal advice before deciding on drilling permits. ... more
OIL AND GAS

California beach to reopen after May oil spill
A unified command responding to the May oil spill off the coast of Santa Barbara, Calif., said El Capitan beach is scheduled to reopen to the public Thursday. ... more
OILGASDAILY


OIL AND GAS

Lower 48 drive U.S. oil production gains
Alaskan oil production declined for the week ending June 19, though Lower 48 gains meant overall output increased, federal data show. ... more


OIL AND GAS

Oil prices in slow-drip decline
Mixed economic news from the United States left crude oil prices drifting lower Thursday, though momentum could shift on any market return from Iran. ... more
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OIL AND GAS

Scotland expects North Sea production gains
Though the industry is in a downturn, the Scottish government said Thursday it expected production from the North Sea to increase by more than 10 percent. ... more
OIL AND GAS

Shell brass in Tehran to discuss sanctions
Officials with Royal Dutch Shell met recently in Tehran to discuss the work potential should sanctions pressure ease, the company confirmed. ... more
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OIL AND GAS

Statoil changes operating model
Norwegian energy company Statoil said Thursday it was changing how it does business in an effort to save capital for future growth. ... more
OIL AND GAS

Russia was China's top oil supplier in May: report
Russia became China's top crude oil supplier last month for the first time in a decade, Bloomberg News reported, as Moscow seeks new markets for its crude following western sanctions. ... more
OIL AND GAS

TransCanada announces staff cuts
Pipeline company TransCanada said it cut about 3 percent of its North American workforce in an effort to move forward with a $37 billion capital growth plan. ... more
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OIL AND GAS

IHS examines next big deal in U.S. shale
The Wolfcamp Delaware basin, a shale play straddling the Texas border with New Mexico, could be the next big deal, analysis published Wednesday from IHS found. ... more
OIL AND GAS

Norway's oil and gas production up
Oil and natural gas production from Norwegian basins increased last month, with oil output up 2.4 percent year-on-year, the government said Wednesday. ... more
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OIL AND GAS

Oil prices dip modestly on U.S. GDP figures
Crude oil prices started the trading day Wednesday relatively flat as concerns about an oversupplied market were offset by declines in the U.S. economy. ... more
OIL AND GAS

Alaska Sen. Lisa Murkowski ties Iran to U.S. oil export debate
Iranian sanctions should stay in place as long as policymakers keep a ban on domestic crude oil exports in force, a report from U.S. Sen. Lisa Murkowksi read. ... more
OIL AND GAS

Shell holds Tehran talks over potential investment
Anglo-Dutch giant Shell on Wednesday became the first international oil group to announce that it had held talks with Iran about potential investment should sanctions be lifted as part of a nuclear deal with the West. ... more
OIL AND GAS

Canada files charges for Lac-Megantic disaster
The Canadian transport authority said it filed legal charges in connection with the Lac-Megantic oil-train disaster in 2013 under two federal acts. ... more
OIL AND GAS

Gas prices start edging lower
The price for a gallon of regular unleaded gasoline in the United States is edging lower as wholesale prices decline and refinery issues ebb, surveys find. ... more
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OIL AND GAS

Plains reveals California spill migration
Oil spilled off the California coast in May migrated more than 150 miles to mix with oil from natural seeps, Plains All American Pipeline said. ... more
OIL AND GAS

Oil prices off on Chinese supply data
Crude oil prices moved lower for the second consecutive day on word of increased Chinese oil production and expectations from Iran. ... more
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OIL AND GAS

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OIL AND GAS

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OIL AND GAS

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OIL AND GAS

Oil markets stable, Russian minister says

OIL AND GAS

North Dakota upstream holding steady

OIL AND GAS

Lundin reshuffles executive lineup

OIL AND GAS

More than 87 miles of oiled Calif. beaches cleared

OIL AND GAS

Oil prices remain below June 1 level

OIL AND GAS

US mid-continent seismicity linked to high-rate injection wells

OIL AND GAS

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PBF expands Gulf of Mexico refinery footprint

Oil prices drift lower on U.S. output statements

Wintershall unloads offshore Norwegian assets

Russian gas giant Gazprom extends reach

Busting The "Canadian Bakken" Myth

The Dark Side Of The Shale Bust

U.S. shale oil in slow decline

Rig company Hercules stumbles

Crude oil prices try again to rally

OMV, Gazprom mull pipeline expansions

Total U.S. crude oil imports up

IHS: Russian defense cut on low energy revenue

U.S. House mulls arctic drilling

Rouhani: Iran isolated from weak oil market

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Spill cleanup crews decline in California

Oil prices rally on Greek crisis and demand

North Dakota touts diversity as rig count declines

China using indigenous Beidou system to detect gas leaks

Statoil closer to Johan Sverdrup development

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