Oil and Gas News

August 18, 2015

North Dakota oil sector showing resiliency
Bismarck, N.D. (UPI) Aug 17, 2015
North Dakota's upstream oil and natural gas sector continues to show signs of resiliencey in the weak crude oil market, state data show. State data show 74 rigs actively exploring or producing oil or natural gas in the state. Rig numbers, which serve as a barometer for the health of the energy sector, has been relatively steady in recent weeks in North Dakota. The rig count for Monday is down one from last week and unchanged from Aug. 3. Lower crude oil prices, down more than 50 percent ... read more

Previous Issues

Aug 17

Aug 16

Aug 14

Aug 13

Aug 12

Japan, U.S. rigs ding oil prices An increase in production from U.S. shale basins and re-emerging concerns about the health of the Japanese economy pushed crude oil prices lower Monday. ... more		Israel opening offshore gas doors An Israeli decision to exploit offshore natural gas reserves is an important milestone for the nation's economy, the country's prime minister said. ... more		No U.S. foothold allowed, Iran's supreme leader says With oil companies waiting in the wings, the supreme leader of Iran said there will be no foothold for the United States in a post-sanctions era. ... more
				Alberta producers review low-carbon agenda Canadian oil and gas producers will work with the government in Alberta to find a balance between economic and environmental gains, a top executive said. ... more		Surveys begin at potential British fracking site 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. ... more

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Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

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		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		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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		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		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		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

	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

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Report: U.S. incomes increase with oil exports		Oil prices stage minor rally		Shell may get federal permits for Alaska		Lundin reviewing options for North Sea field		OMV says there's opportunity in Iran
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

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