Oil and Gas News

July 30, 2015

Saudis Expand Price War Downstream
London, UK (SPX) Jul 30, 2015
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. As if being the world's biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. "Saudis have moved into the product business in a big way," said Fereidun Fesharaki of FGE Energy. With ... read more

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Activists hang from US bridge to block Shell Oil ship Thirteen environmental activists rappelled off a bridge Wednesday in Portland, dangling from ropes to get in the way of a Shell Oil ship headed for Alaska on a drilling expedition, Greenpeace said. ... more		As desert encroaches, Niger turns to natural gas Threatened by the advance of a desert that already covers two-thirds of Niger, the poor Sahel nation hopes to halt rapid deforestation by promoting natural gas. ... more		Turkish oil pipeline from Iraq bombed For the second consecutive day, pipelines running through southern Turkey have become the target of militant campaigns drawing attention from NATO. ... more
				Scotland woos Chinese investors to energy sector A Scottish delegation on an official trip to Beijing said they wanted to draw Chinese investors into the North Sea oil and natural gas sector. ... more		Chevron aims at cost reductions of $1 billion Chevron said it was enacting a hiring freeze at its corporate centers as part of an effort to slash costs by about $1 billion in the weakened market. ... more

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

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

Texas oil production up year-on-year A Texas energy regulator said preliminary estimates show crude oil production in the state increased just over 13 percent in May year-on-year. ... more		Hess posts loss, but notes production gains Though posting a net loss from exploration and production activities, Hess Corp. said nevertheless production was up 23 percent year-on-year. ... 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		Turkish gas pipeline target of terror attack Violence associated with militant groups operating in eastern Turkey left a natural gas pipeline from neighboring Iran out of service, the government said. ... more
				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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		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		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
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		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		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

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

Experts: Mexican oil could have profound regional impact		Weatherford: Future looks grim		British shale pioneer to push back against local council		Eni reinvigorated by Egyptian gas potential		Shell still on arctic hot seat, advocacy group says
Expert: Gazprom facing dual containment		Methane emissions from natural gas transmission and storage facilities		Oil down, but not out, amid glimmers of hope		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

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