Oil and Gas News

September 13, 2015

The Default Next Move For Oil Is Downwards, And Here's Why
Washington DC (SPX) Sep 09, 2015
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to us the next move, either a long term trend or an intraday blip on a chart, and that we can profit from that knowledge. Usually, especially over longer time spans, we are correct in that assumption. Sometimes, however, no amount of fundamental or technical analysis will help. Over the last ... read more

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U.S. importing less Saudi oil - for now Total U.S. imports of crude oil from Saudi Arabia for the week ending Sept. 4 are down roughly 15 percent from last year, U.S. federal data show. ... more		Statoil: Johan Sverdrup development in full swing With the doling out of a new drilling platform contract, Norwegian energy company Statoil said development for the giant Johan Sverdrup field is moving swiftly. ... more		Forecasts drive crude oil prices lower Crude oil prices took a beating early Friday after an expected decline in market trajectory offset concerns over expected declines in non-OPEC supplies. ... more
				EIA: Oil companies may cut spending further Companies contributing most to U.S. onshore oil production are expected to cut capital spending as the weak oil market endures, a federal energy report said. ... more		Fitch: Woodside stable after Oil Search bid While there's no immediate risk, Fitch Ratings said there may be marginal issues if Australia's Woodside Petroleum acquires rival Oil Search Ltd. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

EIA lowers oil production forecasts Seasonal factors offshore and weak economics onshore are expected to lead to a decline in U.S. crude oil production, a federal report said. ... more		Honor ceiling, Iran tells OPEC The Organization of Petroleum Exporting Countries will have to review production levels to make room for Iran or face consequences, Iran's Oil Ministry said. ... 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		Ontario refineries shove foreign oil aside Refineries in Ontario have shifted from foreign to domestic supplies of crude oil in the 14 years ending in 2014, the national energy regulator said. ... more
				Italy's Eni sees Cyprus role in Egyptian gas development Italian energy company Eni said the republic of Cyprus could serve as a strategic energy hub and a possible conduit for future Egyptian natural gas supplies. ... more		China to launch new crude oil benchmark China plans to launch a yuan-denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

British energy sector bracing for downturn The British energy sector should brace for more staff reductions as companies take steps to endure the weak crude oil market, industry body Oil & Gas U.K. said. ... more		Contain Iran with oil, U.S. export backers say With Iran expecting to return to the global energy market, U.S. allies need a reliable source of crude oil in the way of exports, a production supporter 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		U.S. labor figures lift crude oil prices Positive momentum in the U.S. labor market helped offset concerns about lowered forecasts for oil, giving key price indices a lift in early Thursday trading. ... more
European caution drags on crude oil prices European caution trumped the market reaction to a surge in the Japanese stock market, sending crude oil prices slightly lower at the opening bell Wednesday. ... more		Norway sees durable energy interest Despite the downturn in the energy market, interest remains strong in developing reserves off the Norwegian coast, a petroleum director said. ... more		Oil prices mixed after weak Chinese trade data Oil prices were mixed in Asia Tuesday after the latest Chinese trade data showed lacklustre demand in the world's top energy consumer, analysts said. ... more		Continental Resources expects steady production Even with a cut in capital spending, Continental Resources said it expects production to be on the high end of its estimates despite an oversupplied market. ... more

	Get gas flowing, Noble tells Israeli government Parliamentary support for a framework agreement for Israeli oil and gas development is a welcome step, but full backing is needed, Noble Energy said. ... more		London issues call to action for energy sector A British energy regulator called for collective action to revive an industry that shed more than 5,000 jobs since crude oil prices moved below $100 per barrel. ... more

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Woodside makes bid for rival Oil Search		Iran awaits Austrian energy investments		Oil prices rise after Chinese trade data		Revenues down for oil-rich Norway		Baker Hughes: North America adds more rigs
Oil prices swing wildly in China uncertainty		Ecuadoran villagers can pursue Chevron in Canada: court		New Zealand takes step toward oil and gas offerings		Rubio: Priority No. 1 is lifting U.S. oil export ban		Crude oil prices unmoved by ECB position

Dallas bank upbeat 'except in the energy sector'

North Dakota may tap federal funding for energy transit

Maduro, Putin discuss ways to stabilize oil market

Iraqi oil revenue drops in weak market

Study shows how fracking documentary influenced public perception and political change

The World's First Clean Oil Sands Project: An Interview With Dr. Gerald Bailey

Venezuela announces $5-bn Chinese loan for oil sector

Iran puts figure on 2016 oil production goals

Canadian oil sector edging forward

Shell acquisition of BG cleared by Europe

Oil prices edge lower on slow EU

Russian oil company Rosneft reports second-quarter loss

Canadian producer Penn West slashing jobs

Economic jitters send oil prices lower

North Dakota rigs hold steady after rough week

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

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