Oil and Gas News

August 20, 2015

Kremlin: No word yet on Turkish gas pipeline
Moscow (UPI) Aug 19, 2015
A source close to Russian energy ministry discussions told state media there are no proposals in the Kremlin from Turkey on a proposed natural gas pipeline. A representative in the Russian Energy Ministry told state news agency ITAR-Tass last week the Kremlin has sent two offers to the Turkish government for consideration on a pipeline project dubbed Turkish Stream. On Wednesday, similar sources said there is still no word on the project from the Turkish government. Russia, the source wa ... read more

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Aug 19

Aug 18

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Aug 14

British shale company nabs more acreage British shale natural gas pioneer Cuadrilla Resources said it was awarded two new licenses to explore the reserve potential in Yorkshire. ... more		Wood Mackenzie: Mexico oil swaps only slight U.S. move Approval for oil swaps with Mexico opens the spigot for U.S. crude oil, but might not be the export indication supporters hope for, an industry analyst said. ... more		Low interest in Gulf of Mexico energy auction Though only five energy companies submitted bids for new acreage in the U.S. Gulf of Mexico, the industry said offshore interest was an economic priority. ... more
				Crude oil prices fall despite positive economic news Crude oil prices again moved lower at the start of trading Wednesday despite positive signs from the Greek and Chinese economies. ... more		Revenue cut by pipeline attacks, Kurdish government says The Kurdish government said theft and sabotage targeting an oil pipeline running to the Turkish sea port of Ceyhan has cost it around half a billion dollars. ... more

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US gives Shell permit for Arctic drilling Oil giant Shell has been given final permission for an exploratory drilling project in Alaskan waters, a setback for environmental groups that have strongly opposed the controversial project. ... more		US proposes methane cuts for oil and gas industry US authorities on Tuesday proposed the first-ever federal regulations to cut the potent greenhouse gas methane by limiting emissions from the oil and gas industry. ... more		As world burns, India's Amitav Ghosh writes for the future Fire on Ice: The Arctic's Changing Fire Regime Cosmic krypton timestamps reveal Australia landscape evolution and resources		In split with Obama, Clinton opposes Arctic drilling Breaking with the president she hopes to succeed, Hillary Clinton expressed her opposition Tuesday to Arctic oil exploration, one day after the US government approved Shell's exploratory drilling in Alaskan waters. ... more
				Rail fading from North Dakota oil transit New pipelines operating in North Dakota have pushed the volume of crude oil by rail lower during the first half of the year, a state official said. ... more		BP's Whiting outage behind end to gas price slump An outage at BP's refinery in Whiting, Ind., pushed retail gasoline prices up for nearly a week straight, snapping a 27-day streak of declines, AAA said. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

Shell sees offshore Alaska as potentially significant Despite backlash from environmentalists, Shell said it was cleared to tap into oil-bearing zones offshore Alaska that could be a significant national reserve. ... more		London opening oil and gas doors With a potential for growth in the fledgling shale sector, the British government said Tuesday it was expecting bidders for new onshore oil and gas acreage. ... more		GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles JWST red dots reveal rapidly growing early black holes Spaceflight study links astronaut biology to reversible shifts in epigenetic age		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
North Dakota oil sector showing resiliency North Dakota's upstream oil and natural gas sector continues to show signs of resiliencey in the weak crude oil market, state data show. ... more		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

	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		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

Greenland is helpful, but not vital, for US missile defense

European military mission in Greenland as US aim 'remains intact'

Amazon expands 'sovereign cloud' in Europe

Surveys begin at potential British fracking site		BP to appeal US ruling over gas market manipulation		TransCanada: Study shows pipeline safer than rail		No arrest in crude oil price decline		Rig company Hercules Offshore files for bankruptcy
London to fast-track shale permits		Venezuela releases former general-turned-Chavez critic: lawyer		Statoil's giant Johan Sverdrup field takes another step		BP's Whiting refinery handicapped for several weeks		Oil down despite upbeat economic news

EIA: Expect more of Iran's oil by next year

Ghana rises for British company Tullow Oil

France secures LNG from United States

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

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