Oil and Gas News

August 17, 2015

Surveys begin at potential British fracking site
London (UPI) Aug 14, 2015
As the British government looks to kick start the industry, the British Geological Survey said it's conducting baseline surveys at a new proposed fracking site. The British Geological Survey announced it was leading a consortium tasked with a baseline environmental survey in Yorkshire, where Third Energy U.K. Gas Ltd. has submitted an application to use hydraulic fracturing at one well site. "It is now widely acknowledged that undertaking baseline monitoring before fracking takes place i ... read more

Previous Issues

Aug 16

Aug 13

Aug 12

Aug 11

Aug 10

BP to appeal US ruling over gas market manipulation Energy giant BP is set to appeal against a decision by a US judge that it had manipulated gas market prices in 2008, the company said Friday. ... more		TransCanada: Study shows pipeline safer than rail Pipeline company TransCanada pointed to a study that suggests the increase in the rail transport of crude oil is a risky option for the industry. ... more		U.S. to lift ban on oil exports to Mexico The U.S. Department of Commerce on Friday told Congress it plans to approve contracts to export crude oil to Mexico, lifting a four-decade, unofficial ban on selling oil south of the border. ... more
				AAA: BP refinery outage means several weeks of expensive gas It could be the end of September before gas prices in the Great Lakes region move lower, though BP is likely losing big after a major refinery issue, AAA said. ... more		No arrest in crude oil price decline Mixed views on the Chinese currency and slow growth in the European economy left crude oil prices flat early Friday, but still close to six-year lows. ... 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

Rig company Hercules Offshore files for bankruptcy Rig company Hercules Offshore announced it filed for bankruptcy as part of a financial restructuring effort in an era of lower crude oil prices. ... more		London to fast-track shale permits The British government said Thursday it plans to fast-track the permit process for shale oil and gas exploration to ensure the industry can gain traction. ... 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		Venezuela releases former general-turned-Chavez critic: lawyer A former Venezuelan defense minister and ally-turned-critic of the late president Hugo Chavez has been released on parole after spending more than six years in prison on corruption charges, his lawyer said Thursday. ... more
				Statoil's giant Johan Sverdrup field takes another step Statoil said Thursday it finished installing one of the first pieces of equipment needed for production from the giant Johan Sverdrup field offshore Norway. ... more		BP's Whiting refinery handicapped for several weeks While BP was officially mum on the issue, at least one petroleum analyst said it may be several weeks before the Whiting refinery is running at full capacity. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

Oil down despite upbeat economic news Crude oil prices started Thursday trading in the red, ignoring emerging positive sentiment from the Greek and Chinese economies. ... more		EIA: Expect more of Iran's oil by next year An increase in Iranian crude oil production of around 600,000 barrels per day is likely in the latter half of next year, a U.S. federal report found. ... 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		Ghana rises for British company Tullow Oil Africa-focused Tullow Oil said it should meet its 2015 production guidance now that operations are up and running ahead of schedule at a major field in Ghana. ... more
France secures LNG from United States French energy company EDF secured a deal for liquefied natural gas drawn from reserves in the United States, Cheniere Energy announced. ... more		Report: U.S. incomes increase with oil exports Ending the ban on the export of crude oil sourced from U.S. basins would result in a per household labor income increase of $158 per year, a report finds. ... more		Oil prices stage minor rally Expectations of future growth in energy demand and the potential for a slowdown in U.S. crude oil production gave a modest lift to crude oil prices Wednesday. ... more		Shell may get federal permits for Alaska Shell may soon get the permits necessary to start drilling into potential oil basins in an exploration well off the coast of Alaska, a federal regulator said. ... more

	Lundin reviewing options for North Sea field Though considered a minor discovery, the Norwegian government said the latest find from Lundin Petroleum could tie into the larger Edvard Grieg field. ... more		OMV says there's opportunity in Iran The nuclear agreement with Iran offers attractive options for investments in the energy sector and a chance for Austria's OMV, the company said Wednesday. ... more

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Oil slumps on OPEC supply reports		TAPI gas pipeline overshadowing Iran		Sanchez Energy boasts of hefty production gains		Oil prices fall on oversupply fears		North Dakota rig counts remain relatively stable
Iran sees no oil interest yet from U.S. companies		Russia's Gazprom posts quarterly gain		Crude oil prices mixed to start the week		Iran reports highest crude oil production since 2013		Eastern Colorado shale good to Bill Barrett

U.S. adds rigs in July, Baker Hughes said

Oil prices move ever closer to yearly lows

Canadian oil exports hit low mark for year

Lenders back Azeri gas project with European focus

British support for fracking waning

Iran expecting Italian interest in oil sector

Ankara blames Kremlin for gas pipeline delays

IHS: Energy explorers face strong headwinds

BP commits to new North Sea spending

Statoil marks oil production milestone in Brazil

AAA: Gas prices in steady decline

Exxon expands Texas refinery for lighter crude

North Sea oil, gas set for rebound

Crude oil recovers from rough Monday

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

Warren Buffett And Elon Musk To Spark A Lithium Boom

Oil prices start August with a thud

North Dakota oil activity stable

Adriatic oil, gas exploration raises concerns for Croatia tourism

US to speed up arms sales to Gulf after Iran deal: Kerry

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.