Oil and Gas News

September 22, 2015

IEA sees high risk in arctic oil
London (UPI) Sep 18, 2015
The incoming executive director of the International Energy Agency said drilling for oil in arctic waters may be geologically and economically prohibitive. "I believe that arctic oil is not for today, and not for tomorrow - maybe for the day after tomorrow," Fatih Birol told The Guardian newspaper in London. "It's geologically difficult, technologically difficult, lots of environmental challenges, and the cost of production is very, very high, especially if you look at the current oil price le ... read more

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Sep 17

House move on oil exports moot, White House says Congressional moves to repeal a crude oil exports ban are irrelevant because those decisions rest with the Commerce Department, the White House said. ... more		New European gas pipeline closer to launch An invitation for bids for data control mechanisms on the planned Trans-Adriatic gas pipeline puts it one step closer to completion, developers said. ... more		U.S. oil sector downturn lifts crude oil prices Industry signs that weak economics may be throttling some developments in the U.S. energy sector lifted crude oil prices in early Monday trading. ... more
				Report: Post-sanctions Iran still tricky Western investors looking to capitalize on easing sanctions pressure on Iran's energy sector should exercise a degree of caution, analysis finds. ... more		MOL finds oil and gas in Pakistan The discovery of oil and natural gas in Pakistan will help the country address chronic energy shortages, Hungarian energy company MOL said Friday. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

How one US state went from two quakes a year to 585 The central US state of Oklahoma has gone from registering two earthquakes a year to nearly two a day and scientists point to a controversial culprit: wastewater injection wells used in fracking. ... more		IMF: Egypt's gas good for growth The discovery of a major deposit of natural gas off the Egyptian coast should help ensure positive economic growth, the International Monetary Fund 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		ENGIE investing in Chinese market French energy company ENGIE said it was building on its new strategy for an expanded footprint by shoring up its position in the Chinese market. ... more
				Nigeria gets financial lift from Chevron Nigeria's national oil company said it secured more than $1 billion in financing for onshore and offshore drilling operations from a Chevron subsidiary. ... more		How much water does US fracking really use Energy companies used nearly 250 billion gallons of water to extract unconventional shale gas and oil from hydraulically fractured wells in the United States between 2005 and 2014, a new Duke Univer ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

Scotland: Unity needed during oil slump The Scottish government and industry leaders need to work together to overcome problems facing the energy sector, the Scottish energy minister said. ... more		Canadian gas exports to U.S. plummet Canadian natural gas exports to the United States for the seven years ending in 2014 are down significantly because of U.S. shale production, a regulator 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 JUNO begins decade-long mission to probe neutrino mysteries		Shell boss shrugs shoulders on oil price guess Small movements in the supply and demand dynamics driving crude oil prices makes trajectory hard to predict, the chief executive at Royal Dutch Shell said. ... more
Oil lower ahead of Fed rate decision A warning from the OECD on global economic growth and interest rate decisions expected from the U.S. Federal Reserve pushed oil prices lower early Thursday. ... more		U.S. gasoline demand flattens out Expectations that, despite historic lows for retail gasoline prices, demand next year should be flat and keep the price at the pump lower, a U.S. report said. ... more		BHP adds voice to U.S. oil export debate Australian energy giant BHP Billiton said the United States could send a strong message to allies and markets alike with a repeal of the ban on oil exports. ... more		IEA: Age of LNG in question Short-term planning from energy policymakers might keep liquefied natural gas off the global stage, the IEA director said during a visit to Tokyo. ... more

	GOP blasts offshore safety rules Republican leaders in the House of Representatives took the podium in New Orleans to criticize federal regulations regarding offshore oil and gas activity. ... more		Oil crimping Norway's economy The low price of crude oil has led to clear downturns in the Norwegian economy and that pressure should persist, government data show. ... more

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

White House called on to act on oil exports		Texas issuing fewer drilling permits		Eni sees larger European gas role		Aussie energy company Santos starts shakeup		Japan protests Chinese gas operation in disputed sea
Upton: U.S. oil policies should match shale era		Russia's Turkish Stream pipeline on hold		Genel makes grab for Kurdish gas		Iranian president to visit France in November, PM says		Seismic activity of underground chemical blasts linked to gas explosions

Oil prices get lift from consumer spending

North Dakota oil sector under pressure

Wood Group addressing oil services challenges

AAA: Gas should only get cheaper

Iran's Rouhani: Economy still tied too much to oil

Statoil: Johan Sverdrup development in full swing

Stanford study proves pipeline replacement programs are effective

U.S. to open up offshore acreage for drillers

Delayed effects of oil spill compromise long-term fish survival

North Dakota rig count declines

LNG company Oil Search turns down Woodside bid

OPEC: "All eyes" on U.S. oil production

Oil prices edge lower on weak Chinese data

The Default Next Move For Oil Is Downwards, And Here's Why

U.S. importing less Saudi oil - for now

British energy sector bracing for downturn

Contain Iran with oil, U.S. export backers say

U.S. labor figures lift crude oil prices

European caution drags on crude oil prices

Norway sees durable energy interest

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