Oil News and Gas News
August 12, 2015
OIL AND GAS
TAPI gas pipeline overshadowing Iran
Manila (UPI) Aug 10, 2015
Regardless of Iran's natural gas ambitions for its eastern neighbors, the Asian Development Bank said it expects "tremendous" benefits from a rival project. The Asian Development Bank last week congratulated key stakeholders in the planned 1,000-mile Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline after a steering company named state energy company Turkmengas as the pipeline consortium leader. French energy company Total was mentioned as a possible consortium leader, though ... read more
Previous Issues Aug 11 Aug 10 Aug 07 Aug 06 Aug 05
OIL AND GAS

Sanchez Energy boasts of hefty production gains
Despite reporting a half billion loss in the second quarter, U.S. shale player Sanchez Energy said its total production was up 164 percent year-on-year. ... more
OIL AND GAS

Oil slumps on OPEC supply reports
Disclosure from OPEC that crude oil production was at its highest level since 2012 sent crude oil prices on a downward spiral in early Tuesday trading. ... more
OIL AND GAS

Oil prices fall on oversupply fears
Oil prices fell in Asian trade on Monday, extending weeks of losses after a US report stoked expectations of a global glut. ... more
OILGASDAILY


OIL AND GAS

North Dakota rig counts remain relatively stable
The exploration and production side of the North Dakota energy sector is showing signs of stability despite grim forecasts from shale producers, rig data show. ... more


OIL AND GAS

Iran sees no oil interest yet from U.S. companies
After outlining the terms of new oil contracts in a future post-sanctions era, the Iranian Oil Ministry said it hasn't seen any interest from U.S. companies. ... more
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OIL AND GAS

Russia's Gazprom posts quarterly gain
A backlash from European leaders, low oil prices and increased sanctions pressure did little to damage Russia's Gazprom, which posted huge profit gains Monday. ... more
OIL AND GAS

Crude oil prices mixed to start the week
Crude oil prices staved off another day of declines Monday after Chinese sentiments were aimed to countering fears about economic stability. ... more
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OIL AND GAS

Iran reports highest crude oil production since 2013
Iran reported crude oil production for July was the highest level it's been in at least two years, the Organization of Petroleum Exporting Countries said. ... more
OIL AND GAS

Eastern Colorado shale good to Bill Barrett
Colorado energy company Bill Barrett Corp. credited drilling efficiency and targeted spending for the boost in production from the Denver-Julesburg shale basin. ... more
OIL AND GAS

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
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OIL AND GAS

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
OIL AND GAS

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
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OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
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OIL AND GAS

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
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
Military Space News, Nuclear Weapons, Missile Defense
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OIL AND GAS

AAA: Gas prices in steady decline

OIL AND GAS

Exxon expands Texas refinery for lighter crude

OIL AND GAS

North Sea oil, gas set for rebound

OIL AND GAS

Crude oil recovers from rough Monday

OIL AND GAS

US appeals court orders Ecuador to pay $96 mn to Chevron

OIL AND GAS

Warren Buffett And Elon Musk To Spark A Lithium Boom

OIL AND GAS

Oil prices start August with a thud

OIL AND GAS

North Dakota oil activity stable

OIL AND GAS

Adriatic oil, gas exploration raises concerns for Croatia tourism

OIL AND GAS

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

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