Oil and Gas News

August 10, 2015

Eastern Colorado shale good to Bill Barrett
Denver (UPI) Aug 7, 2015
Colorado energy company Bill Barrett Corp. credited drilling efficiency and targeted spending for the boost in production from the Denver-Julesburg shale basin. "Our drilling results continue to reflect the quality of our Denver-Julesburg assets and position us to achieve our goals for the remainder of the year, while providing a strong foundation heading into 2016," Chief Executive Officer and President Scot Woodall said in a statement. Combined with the Uinta Oil basin, the company sai ... read more

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Aug 03

U.S. adds rigs in July, Baker Hughes said While down year-on-year, oil services company Baker Hughes said Friday there were a net five more rigs deployed across the United States in July than in June. ... more		Oil prices move ever closer to yearly lows Oversupply fears continued to drag on crude oil prices, which dipped into negative territory Friday after the release of U.S. labor figures for July. ... more		Canadian oil exports hit low mark for year Canada reported total oil exports for May were at their lowest level for 2015, though slight increases have emerged while the country moves into recession. ... more
				Lenders back Azeri gas project with European focus Asian and European lenders unveiled a $1 billion finance package Friday to help fund an Azeri natural gas field meant to diversify the European energy sector. ... more		British support for fracking waning A survey from the British government found waning support for the extraction of shale natural gas in the country, with opposition linked to awareness. ... 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

Iran expecting Italian interest in oil sector With hundreds of business executives in Tehran, the Iranian government said it expects to broker some form of energy deal with Italian companies. ... more		Ankara blames Kremlin for gas pipeline delays Turkish Energy Minister Taner Yildiz said there were delays in planning on the Russian side in developments of the planned Turkish Stream gas pipeline. ... 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		IHS: Energy explorers face strong headwinds The depressed crude oil market could limit the borrowing options for North American exploration and production companies, analysis finds. ... more
				BP commits to new North Sea spending Though the global energy sector is crimping available revenue streams, BP said Wednesday it planned billions of dollars of spending in the North Sea. ... more		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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		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		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		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
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		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		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		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

	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		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

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

US to speed up arms sales to Gulf after Iran deal: Kerry		Kurds announce oil payment mechanism		BG Group churns out more Brazilian oil		OPEC frets over oil price volatility		Despite Senate support, oil export debate unsettled
Crude oil prices drift lower		Shell resumes offshore oil drilling in Arctic		Kerry sets off on Mideast trip to Egypt, Doha		Kurdish oil work secure, British company says		Chevron: Second quarter results are weak

BG Group posts poor earnings, but boosts production

Saudis Expand Price War Downstream

U.S. tightens safety for oil transit by rail

Natural seeps likely cause of California sheen

Ghana to put West Africa on oil radar

Shell expects prolonged oil market downturn

Oil rebounds on strong U.S. economic data

Kurdish oil secured, Norwegian company says

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

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