Oil and Gas News

September 07, 2015

Oil prices swing wildly in China uncertainty
London (AFP) Sept 4, 2015
Fragile financial markets are grappling with wild swings in world oil prices, unnerved by uncertainty over global supplies and the demand outlook from China. By the close of business Monday, the price had shot up 27 percent in just three days for the US benchmark contract, West Texas Intermediate for October delivery, rebounding from six and a half year lows. But they skidded again Tuesday when weak Chinese manufacturing data cemented concerns over demand from the world's biggest commodities con ... read more

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Ecuadoran villagers can pursue Chevron in Canada: court Ecuadoran villagers can seek to enforce in Canada a multibillion-dollar Ecuadoran judgment against US oil giant Chevron on pollution in the Amazon rainforest, Canada's top court said Friday. ... more		New Zealand takes step toward oil and gas offerings The New Zealand government is consulting with local communities as a first step toward awarding oil and gas exploration permits, the energy minister said. ... more		Rubio: Priority No. 1 is lifting U.S. oil export ban Lifting a ban on U.S. crude oil exports will bring "immediate" economic stimulus to the economy, Republican presidential contender Marco Rubio said. ... more
				Crude oil prices unmoved by ECB position Crude oil prices were holding steady at the start of trading Thursday as markets weighed statements from the European Central Bank and U.S. labor figures. ... more		Dallas bank upbeat 'except in the energy sector' A report from the Dallas Federal Reserve said regional economic metrics indicated mostly positive momentum, "except in the energy sector." ... 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

North Dakota may tap federal funding for energy transit More than $10 million in available federal funding to ensure the safe transport of oil and gas is vital for U.S. energy security, a North Dakota senator said. ... more		Maduro, Putin discuss ways to stabilize oil market Venezuelan President Nicolas Maduro met in Beijing Thursday with Russian President Vladimir Putin to discuss ways to stabilize oil prices, the government news agency AVN reported. ... 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		Iraqi oil revenue drops in weak market Iraqi revenue generated from oil exports in August was lower than the previous month by nearly $1 billion in part because of low oil prices, data show. ... more
				Study shows how fracking documentary influenced public perception and political change 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 soci ... more		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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		Orbit Over Obsolescence: How Satellite Constellations Are Replacing Cell Towers One Layer at a Time What 3I/ATLAS tells us about other solar systems Top 3 Slingo Games in 2025		Canadian oil sector edging forward Despite working in a weak market, two companies - Husky Energy and ConocoPhillips - announced the start of new oil operations in Canadian oil sands. ... more
Shell acquisition of BG cleared by Europe Royal Dutch Shell and BG Group announced their planned merger received unconditional approval Wednesday from the European Commission. ... more		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		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

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Gas sales give lift to Israel's Delek Group		OPEC: Iran has many projects on tap		Gazprom posts strong sales to Europe		North Dakota gets energy transit grant		Alaska seeks balanced energy agenda
Canada orders Alberta pipeline closures		AAA: U.S. gas prices plummeting		London clears major North Sea gas investment		Texas oil production increased in June		EPA threatened with lawsuit over fracking rules

Canada's oil diversity may be paying off

Kurds pledge oil company payments to boost output

Iran: Low oil prices no production deterrent

EIA: U.S. oil swaps make sense regionally

Rosneft makes Egypt LNG deal; Fitch OMV looks good

China energy giants' H1 profits fall on low oil prices

Obama defends Shell Arctic drilling decision

Fracking caused Canadian quake: media

British shale oil sector gaining momentum

Fitch sees Houston at risk from weak oil market

Transocean mulls steps to navigate weak market

Oil sinks as China fears roil markets

Statoil's Polarled pipeline becomes first to cross Arctic Circle

Gallup: Low gas boosts opinion of energy industry

Texas sees growth, but oil will throttle momentum

Scotland frets over oil, but posts economic gains

More rigs added in North Dakota

Russia's Lukoil sells China its stake in Kazakh oil producer

Both sides framed Keystone XL Pipeline debate in Nebraska

Australian energy company Santos posts heavy losses

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