Oil and Gas News

September 15, 2015

Iran's Rouhani: Economy still tied too much to oil
Tehran (UPI) Sep 14, 2015
With more of its oil expected back in the global market, Iranian President Hassan Rouhani said he was cautious nonetheless about a petroleum-dependent economy. According to the Organization of Petroleum Exporting Countries, Iranian crude oil production of 2.86 million barrels per day in August was the highest for the Islamic republic since 2013. A July nuclear agreement between Iran, the five permanent members of the U.N. Security Council, plus Germany, will eventually lead to more of that crud ... read more

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Stanford study proves pipeline replacement programs are effective Invisible gas leaks from aging or damaged pipelines cost U.S. consumers billions of dollars every year, contribute to global warming, and, in rare cases, cause dangerous explosions. But pipeline rep ... more		U.S. to open up offshore acreage for drillers The U.S. government said it was offering more than 40 million acres for drilling opportunities in the central and eastern Gulf of Mexico. ... more		Delayed effects of oil spill compromise long-term fish survival For 25 years, methodical research by scientists has investigated the effects of the Exxon Valdez oil spill in 1989 on Alaskan communities and ecosystems. A new study released today into the effects ... more
				North Dakota rig count declines The number of rigs actively exploring for or producing oil and natural gas in North Dakota is down more than 65 percent from last year, state data show. ... more		LNG company Oil Search turns down Woodside bid Liquefied natural gas company Oil Search said it rejected an acquisition proposal from rival Woodside Petroleum, citing a need to ensure shareholder value. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

OPEC: "All eyes" on U.S. oil production The global crude oil market is keeping an eye on how quickly U.S. oil production falls during an era of lower prices, OPEC said in its latest market report. ... more		Oil prices edge lower on weak Chinese data Weak Chinese factory output and an increase in crude oil production from Saudi Arabia weighed down crude oil prices in early Monday trading. ... 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		The Default Next Move For Oil Is Downwards, And Here's Why 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 ... more
				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

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		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. 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		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		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

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

Honor ceiling, Iran tells OPEC		Ontario refineries shove foreign oil aside		Italy's Eni sees Cyprus role in Egyptian gas development		China to launch new crude oil benchmark		Oil prices mixed after weak Chinese trade data
Continental Resources expects steady production		Get gas flowing, Noble tells Israeli government		London issues call to action for energy sector		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

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