Oil News and Gas News
July 18, 2015
OIL AND GAS
Hydraulic fracturing linked to hospitalization rates in Marcellus shale area
Philadelphia PA (SPX) Jul 16, 2015
Hospitalizations for heart conditions, neurological illness, and other conditions were higher among people who live near unconventional gas and oil drilling (hydraulic fracturing), according to new research from the University of Pennsylvania and Columbia University published this week in PLOS ONE. Over the past ten years in the United States, hydraulic fracturing has experienced a meteoric increase. Due to substantial increases in well drilling, potential for air and water pollution posing a heal ... read more
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OIL AND GAS

The Multi-Trillion Dollar Oil Market Swindle
By Leonard Brecken of Oilprice.com In the past, I documented the overstatements by both the IEA and EIA in 2014 and 2015 in terms of supply, inventory and understatements of demand. Others also not ... more
OIL AND GAS

Canada set energy sector records last year
A federal Canadian report on the energy sector pointed to a strong 2014, though industry groups this year suggest rough waters are ahead in a weak oil market. ... more
OIL AND GAS

Lending for Greece boosts oil prices
Prospects of emergency lending for Greece and stable European interest rates helped lift crude oil prices that have otherwise struggled through July. ... more
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OIL AND GAS

Wood Mackenzie: Russia's energy players resilient
Consultant group Wood Mackenzie said Thursday oil and gas companies in Russia are suited well to withstand any protracted slump in the crude oil market. ... more


OIL AND GAS

Norway sees oil production gains
The Norwegian government reported Thursday that daily production of oil and natural gas was up from May, though total gas sales declined from May. ... more
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OIL AND GAS

Mexico draws natural gas interest from France
French energy company Engie said Thursday it signed a series of agreements to work closer with its Mexican counterparts in the natural gas market. ... more
OIL AND GAS

Kinder Morgan grabs holds of Georgia LNG project
Infrastructure leader Kinder Morgan announced it bought the entire stake in a liquefied natural gas terminal in Savannah, Ga., for $630 million from Shell. ... more
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OIL AND GAS

LNG deliveries mulled for Ukrainian market
A Texas-based company, led in part by a former Conoco Phillips veteran, said it was reviewing the prospects of shipping liquefied natural gas to Ukraine. ... more
OIL AND GAS

Oil sinks on outlook for more Iran crude exports
Oil prices sank Wednesday as traders priced in the impact on global oversupply from Iran's historic nuclear deal with major powers. ... more
OIL AND GAS

Iraq says no alarm at prospect of hiked Iran oil exports
Iraq can offset the impact of the Iran nuclear deal on oil prices and competition for export markets with higher production and improved regional trade, the oil ministry said Wednesday. ... more
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OIL AND GAS

Wait and see on Iran, oil voices say
A U.S. refinery group said it's too soon to discuss doing business in the Iranian oil sector, though opposing voices said it was a threat to domestic producers. ... more
OIL AND GAS

Tehran nuclear deal revives hope for Pakistan-Iran gas pipeline: minister
Islamabad is hopeful of reviving a stalled gas pipeline project connecting Iran to energy-starved Pakistan, a minister told AFP Wednesday following the signing of a historic nuclear deal between Tehran and world powers. ... more
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OIL AND GAS

Oil markets retract in Greek anticipation
Crude oil prices retreated in Wednesday trading after a downbeat report from the International Monetary Fund on Greece and clamoring over Iran's oil potential. ... more
OIL AND GAS

Michigan calls for tar sands ban
A pipeline report from Michigan calls for a ban on the transportation of heavier crude oil grades through pipelines running through the Straits of Mackinac. ... more
OIL AND GAS

BHP Billiton takes hit on U.S. shale but soldiers on
Australian energy giant BHP Billiton said it expects to take a $2 billion hit on Texas shale, but held out hope for its onshore U.S. operational strategy. ... more
OIL AND GAS

ADB: LNG short-term boost to Pacific economies
The Asian Development Bank said Wednesday natural gas exports from Papua New Guinea are helping to boost short-term overall growth for Pacific economies. ... more
OIL AND GAS

We are engaged, Shell says after Iranian deal
With a nuclear deal in hand, Royal Dutch Shell said Tuesday it's exploring the "immediate and long-term" implication of an opening Iranian oil door. ... more
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OIL AND GAS

OPEC, Get Ready For The Second US Oil Boom
What OPEC countries fear most is a follow-up technological revolution that will lead to a second oil boom in the U.S., and that fear is now being realized. A technological revolution spurred t ... more
OIL AND GAS

Plains taking extra caution with St. Louis oil spill
Plains All American Pipeline said it deployed more containment mechanisms near a water treatment plant north of St. Louis following last week's oil spill. ... more
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OIL AND GAS

AAA: California skewing national gas price average

OIL AND GAS

Oil prices finish higher after Iran deal

OIL AND GAS

Hercules Offshore solicits votes on reorganization

OIL AND GAS

Aussie companies early victors in Mexican oil auction

OIL AND GAS

Saudi oil production at new high

OIL AND GAS

Former BP boss takes helm at Kurdish oil player

OIL AND GAS

Oil prices tank on word of no "Grexit"

OIL AND GAS

North Dakota oil production up despite fewer rigs

OIL AND GAS

Plains reports oil spill near St. Louis

OIL AND GAS

Eni raises death toll from Nigerian oil pipeline blast

Europe calls for 'realistic' natural gas projects

Oil spared from Canadian wildfires

IEA: OPEC production highest in three years

New Orleans settles with BP over 2010 spill

Iran trade with GCC set to grow but oil spat looms

Oil balanced on IEA, IMF growth forecasts

12 dead in Nigerian pipeline explosion

Don't panic, nothing has really changed in the oil markets

Trend bucked; more drilling planned for Texas

New study shows that oil from surface-spill slicks can sink to sea floor

Saipem loses Russian pipe-laying contract

OPEC influence debated during House export hearing

Oil prices rise but gains capped by China, Greece

Minor condensate spill reported in North Dakota

House revisits push for Keystone XL

Kurdish oil expectations lowered

West Africa: Next big deal in oil?

Saudi royal visits US warship amid regional tensions

Ukraine reviews domestic gas options

Shell suffers early arctic setback

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