Oil and Gas News

July 29, 2015

Turkish gas pipeline target of terror attack
Ankara, Turkey (UPI) Jul 28, 2015
Violence associated with militant groups operating in eastern Turkey left a natural gas pipeline from neighboring Iran out of service, the government said. The government in eastern Agri province blamed the militant Kurdistan Workers' Party, known by its Kurdish initials PKK, for an attack on the Turkey-Iran natural gas pipeline. Violence tied to the PKK, which is fighting for more Kurdish autonomy in the region, has left more than 40,000 people dead since the 1980s. The group recently c ... read more

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Canada builds on LNG export potential Canada builds on its natural gas export potential with a decision in favor of a liquefied natural gas project in British Columbia, a regulator said. ... more		Bleak outlook for oil has Russian investors pulling back As international sanctions push Russia toward its first recession since 2009, market analysts are predicting a worse outlook for the prices of crude oil, the country's biggest export. ... more		Exxon financing North Dakota housing needs An Exxon Mobil subsidiary came forward with about a quarter of the funds needed to support affordable housing initiatives in North Dakota, the state said. ... more
				Norwegian company surveying offshore Mexican reserves A Norwegian energy company said it was surveying Mexican waters for the reserve potential in anticipation of a "new era" in the nation's oil sector. ... more		AAA: National gas prices down, though volatility endures While the national average retail price for a gallon of gasoline is on the decline, regional markets are showing considerable volatility, motor club AAA said. ... more

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BP upbeat after disappointing second quarter Despite taking a major loss as a result of the Deepwater Horizon settlement, BP said Tuesday it would be able to navigate the weak energy market successfully. ... more		Shale player Encana expects forward momentum Drawing on momentum in U.S. shale basins, Canadian energy company Encana Corp. said Friday it expected production to increase for the rest of the year. ... more		GUARDIAN Tsunami Detection Tech Catches Wave in Real Time Galileo daughter mission named Celeste to strengthen navigation resilience How quantum computers can be validated when solving unsolvable problems		41 more North Sea oil, gas licenses announced The United Kingdom Oil and Gas Authority (OGA) announced 41 new licenses Monday to explore the U.K. Continental Shelf in the North Sea. ... more
				Oil prices drop on Chinese woes World oil prices slid on Monday to around four-month lows, hurt by poorly received economic data from China, the world's top energy consuming nation, traders said. ... more		More Job Losses Coming To US Shale With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to ... more

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Crude oil shrugs off bear market signs Crude oil prices moved modestly higher in early Friday trading as a forecast for recovery in part trumped indications of a looming bear market. ... more		Experts: Mexican oil could have profound regional impact The opening up the Mexican energy sector under the Peña Nieto administration could bring profound changes to regional energy security, experts testified. ... more		Orbit Over Obsolescence: How Satellite Constellations Are Replacing Cell Towers One Layer at a Time What 3I/ATLAS tells us about other solar systems SyntaxError: invalid decimal literal - What to Do		Weatherford: Future looks grim With few prospects for a recovery in the crude oil market, rig services company Weatherford said it was making deeper cuts in its North American portfolio. ... more
British shale pioneer to push back against local council British shale pioneer Cuadrilla Resources said it planned to appeal June's decisions by a county council to deny permits for a hydraulic fracturing campaign. ... more		Eni reinvigorated by Egyptian gas potential Italian energy company Eni said it was strengthening its commitment to Egypt following the discovery of significant gas deposits in the Nile Delta. ... more		Shell still on arctic hot seat, advocacy group says Legal counsel for advocacy group Oceana said that, while pressure hasn't stopped Shell's slow march to arctic oil, feet can be still held to the fire. ... more		Expert: Gazprom facing dual containment Russian energy ambitions may be contained by European political and Asian diversification schemes, a strategic studies researcher said. ... more

	Methane emissions from natural gas transmission and storage facilities A comprehensive study of natural gas transmission and storage facilities led by Colorado State University (CSU) researchers has found that the total amount of methane emitted into the atmosphere fro ... more		Oil down, but not out, amid glimmers of hope Crude oil prices held steady in early Thursday trading amid continuing signs of a strong U.S. labor market, though major indices remain considerably weak. ... more

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Iran deal fuels tussle for gas pipelines in Pakistan		Rig company Hercules posts heavy quarterly loss		Friends and foes debate U.S. energy landscape		Shallow fracking raises questions for water		U.S. reminds rail companies of oil rules
Oil prices lower on weak sentiment		Murkowski breaks rank on oil tie to highway funding		China has drilling rigs close to disputed waters: Japan		EU extends loan to assist with Ukrainian reforms		Iran working to renew gas pipeline interest

Technip bags TAP management contract

AAA: U.S. retail gasoline market volatile

Oil prices holding steady, though down since July

Engie builds LNG portfolio in Asia

Report: Cuba may get oil help from Angola

Bolivia to explore oil in seven of 22 protected areas

Baker Hughes stumbles

New family of chemical structures can effectively remove CO2 from gas mixtures

Oil prices continue steady drift lower

No change in North Dakota rig deployments

TransCanada boasts of benefits of North American pipelines

Eni finds more natural gas in Egypt

No contact with Iran, European gas pipeline group says

Europe welcomes Polish gas diversity efforts

Cleanup in western Canada after oil sands spill

Return of Iranian oil may cause more OPEC tensions

API sees strong U.S. energy sector

Ukraine considers Kazakh gas transit options

Iran deal a mixed economic win for Russia: analysts

Investors eye rewards and risks in post-sanctions Iran

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