Oil and Gas News

September 03, 2015

Study shows how fracking documentary influenced public perception and political change
Washington DC (SPX) Sep 04, 2015
Social scientists have long argued documentary films are powerful tools for social change. But a University of Iowa (UI) sociologist and his co-researchers are the first to use the Internet and social media to systematically show how a documentary film reshaped public perception and ultimately led to municipal bans on hydraulic fracking. By measuring an uptick in online searches as well as social media chatter and mass media coverage, Ion Bogdan Vasi, an associate professor of sociology at the UI ... read more

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The World's First Clean Oil Sands Project: An Interview With Dr. Gerald Bailey After decades of exhaustive attempts to overcome the dirty reputation of oil sands, we finally have an environmentally-friendly and low cost method to tap into these vast resources in the state of U ... more		Venezuela announces $5-bn Chinese loan for oil sector Venezuelan President Nicolas Maduro announced China has granted his government a $5-billion loan to boost oil output in the recession-hit OPEC state. ... more		Iran puts figure on 2016 oil production goals Iranian oil production by the end of 2016 will be in excess of 4 million barrels per day, more than in the pre-sanctions era, the nation's oil minister said. ... more
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Oil prices edge lower on slow EU Chinese economic woes have added downward pressure to crude oil prices, though markets extended losses Wednesday on weak European economic data. ... more		Russian oil company Rosneft reports second-quarter loss Russian oil company Rosneft said profits for the second quarter were down because of market and currency volatility, but performance was better than expected. ... 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		Canadian producer Penn West slashing jobs Canadian oil and gas producer Penn West Petroleum said it would cut more than 400 jobs, or around 35 percent of its workforce, to endure a weak oil market. ... more
				Economic jitters send oil prices lower Weak inflationary sentiment for the energy sector in Europe and Chinese reactions to stock market declines pushed crude oil prices lower in Monday trading. ... more		North Dakota rigs hold steady after rough week After a volatile week for crude oil markets, state data Monday from North Dakota show rig activity, a barometer of energy sector health, remained steady. ... more

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Gas sales give lift to Israel's Delek Group After posting strong second results, the chief executive officer at Israeli energy company Delek said growth should continue through future investments. ... more		OPEC: Iran has many projects on tap Iran could mark its return to the global energy stage when, perhaps by the end of the year, it starts $185 billion worth of new projects, OPEC said. ... 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		Gazprom posts strong sales to Europe Russian energy company Gazprom said the increase in first half sales were driven in large part by its conventional European consumer base. ... more
North Dakota gets energy transit grant A grant from a federal safety regulator will help North Dakota invest in the infrastructure needed to transport oil safely and efficiently, a senator said. ... more		Alaska seeks balanced energy agenda Alaska needs to exploit its vast natural resources, but do so in a way that heeds the growing threats of climate changes, the state's lieutenant governor said. ... more		Canada orders Alberta pipeline closures Canadian energy company Nexen said safety was its top priority after a provincial regulator ordered dozens of pipeline closed because of maintenance issues. ... more		AAA: U.S. gas prices plummeting Bearish trends for crude oil prices and the resolution to problems at a major U.S. refinery pushed gas prices lower at a hastened clip, motor club AAA said. ... more

	London clears major North Sea gas investment Consent for the $4.5 billion development of the Culzean gas field in the North Sea shows the British government remains committed offshore, a minister said. ... more		Texas oil production increased in June A Texas energy regulator said total crude oil production for June, the last full month for complete data, was up around 12 percent year-on-year. ... more

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