Oil News and Gas News
August 06, 2015
OIL AND GAS
British support for fracking waning
London (UPI) Aug 4, 2015
A survey from the British government found waning support for the extraction of shale natural gas in the country, with opposition linked to awareness. The British Department of Energy and Climate Change interviewed 2,118 people face-to-face on their stance on the nation's energy mix. Between June 24 and June 28, 46 percent of the respondents told surveyors they had no opinion on hydraulic fracturing to draw natural gas from shale. But for those who did have an opinion, more people, 28 percent, ... read more
Previous Issues Aug 05 Aug 04 Aug 03 Aug 02 Aug 01
OIL AND GAS

Statoil marks oil production milestone in Brazil
Norwegian energy company Statoil said Tuesday it achieved a production milestone at a field off the coast of Brazil by passing the 100 million barrel mark. ... more
OIL AND GAS

AAA: Gas prices in steady decline
A weakening market for crude oil and the resolution of U.S. refinery issues has pushed retail gasoline prices down for 20 days straight, motor club AAA found. ... more
OIL AND GAS

Exxon expands Texas refinery for lighter crude
Exxon Mobil said Tuesday it was increasing the capacity for processing light crude oil grades at a Texas refinery in order to exploit gains in U.S. production. ... more
OILGASDAILY


OIL AND GAS

North Sea oil, gas set for rebound
After several years of declines and escalating costs, a British energy report suggests oil and gas production from the North Sea is set for a rebound. ... more


OIL AND GAS

Crude oil recovers from rough Monday
Crude oil prices recovered Tuesday from a weak opening to August as China pursued market stabilization, though sluggishness continues in the European economy. ... more
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OIL AND GAS

US appeals court orders Ecuador to pay $96 mn to Chevron
A US federal appeals court on Tuesday upheld a $96 million award that Ecuador must pay oil giant Chevron in an arbitration of their dispute over Chevron's investments in the country. ... more
OIL AND GAS

Warren Buffett And Elon Musk To Spark A Lithium Boom
The age of electrification across the transportation sector, the solar panel revolution, and Tesla's battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium i ... more
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OIL AND GAS

Oil prices start August with a thud
Crude oil prices suffered heavy losses Monday, the first full trading day of August, as Greek and Chinese economic ailments dragged down demand prospects. ... more
OIL AND GAS

North Dakota oil activity stable
The number of rigs actively exploring for or producing oil in North Dakota is holding steady, though data show overall production is rebounding slightly. ... more
OIL AND GAS

Adriatic oil, gas exploration raises concerns for Croatia tourism
As Croatia gears up for exploration of oil and gas in the Adriatic sea, green groups have raised concerns about the environment and economy of the tourism-dependant country's islands and pristine coastline. ... more
Nuclear Operations and Maintenance Efficiency Summit USA 2015
OIL AND GAS

US to speed up arms sales to Gulf after Iran deal: Kerry
Washington has agreed to speed up arms sales to Gulf states, US Secretary of State John Kerry announced Monday after talks in Doha on their concerns over the Iran nuclear deal. ... more
OIL AND GAS

Kurds announce oil payment mechanism
The Kurdish government in Iraq said Monday it would allocate some of its revenue to international oil companies on a monthly basis to help cover their expenses. ... more
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OIL AND GAS

BG Group churns out more Brazilian oil
British energy company BG Group said Monday it started producing oil from a basin off the coast of Brazil using a floating production platform. ... more
OIL AND GAS

OPEC frets over oil price volatility
The Organization of Petroleum Exporting Countries said in a joint statement with Russia price volatility and oversupply was damaging the market for crude oil. ... more
OIL AND GAS

Despite Senate support, oil export debate unsettled
A bill passed in the U.S. Senate that would end a ban on crude oil exports was hailed as a geopolitical victory, though opponents questioned the evidence. ... more
OIL AND GAS

Crude oil prices drift lower
Crude oil prices fell back into negative territory Friday after midweek gains following status quo statements from OPEC and little gains in the eurozone. ... more
OIL AND GAS

Shell resumes offshore oil drilling in Arctic
Oil giant Shell has resumed offshore drilling operations in Alaskan waters, the company said Friday, after one of its icebreakers was delayed for nearly two days by protesters dangling from a bridge. ... more
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OIL AND GAS

Kerry sets off on Mideast trip to Egypt, Doha
US Secretary of State John Kerry departed late Friday to Egypt for cooperation talks and to Qatar, where he hopes to ease Gulf countries' concerns about the Iran nuclear deal. ... more
OIL AND GAS

Kurdish oil work secure, British company says
Production in the Shaikan oil field in the Kurdish north of Iraq is continuing without disruption despite regional security woes, Gulf Keystone Petroleum said. ... more
Military Space News, Nuclear Weapons, Missile Defense
U.S. defense in free fall
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OIL AND GAS

Chevron: Second quarter results are weak

OIL AND GAS

BG Group posts poor earnings, but boosts production

OIL AND GAS

Saudis Expand Price War Downstream

OIL AND GAS

U.S. tightens safety for oil transit by rail

OIL AND GAS

Natural seeps likely cause of California sheen

OIL AND GAS

Ghana to put West Africa on oil radar

OIL AND GAS

Shell expects prolonged oil market downturn

OIL AND GAS

Oil rebounds on strong U.S. economic data

OIL AND GAS

Kurdish oil secured, Norwegian company says

OIL AND GAS

Analyst: Iranian gas no panacea for Pakistan

Judge fines Greenpeace for blocking Shell Oil ship

Activists hang from US bridge to block Shell Oil ship

As desert encroaches, Niger turns to natural gas

Turkish oil pipeline from Iraq bombed

Scotland woos Chinese investors to energy sector

Chevron aims at cost reductions of $1 billion

Texas oil production up year-on-year

Hess posts loss, but notes production gains

Turkish gas pipeline target of terror attack

Canada builds on LNG export potential

Bleak outlook for oil has Russian investors pulling back

Exxon financing North Dakota housing needs

Norwegian company surveying offshore Mexican reserves

AAA: National gas prices down, though volatility endures

BP upbeat after disappointing second quarter

Shale player Encana expects forward momentum

41 more North Sea oil, gas licenses announced

Oil prices drop on Chinese woes

More Job Losses Coming To US Shale

Crude oil shrugs off bear market signs

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