Oil and Gas News

September 23, 2015

This Is What Needs To Happen For Oil Prices To Stabilize
London, UK (SPX) Sep 22, 2015
On September 10th the EIA reported a production decline in the Lower 48-essentially shale production-of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Additionally, it was a week-over-week number which makes it all the more impressive. Yet it received little attention through the week. Rather, Goldman Sachs was grabbing all the This Is What Needs To Happen For Oil Prices To Stabilizes with its $20 call on oil. This week, I was lo ... read more

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Greening the electric grid with gas turbines Much of the nation's energy policy is premised on the assumption that clean renewable sources like wind and solar will require huge quantities of storage before they can make a significant dent in t ... more		Venezuela holds military exercise, raising tensions with Guyana Venezuela said Tuesday it is conducting military exercises in the eastern part of the country, a move neighboring Guyana denounced as an "extraordinary escalation" of an ongoing border dispute. ... more		Offshore Africa could add more rigs Much of the growth in offshore exploration and production is expected from Nigeria and Angola, a report from the U.S. federal government said. ... more
				Coming soon: $2 per gallon gas Continued weakness in crude oil markets and lower seasonal demand should keep U.S. consumer gasoline prices lower, industry forecasts said. ... more		Fitch Ratings: Russian gas pipeline faces obstacles Funding and market challenges could get in the way of further progress in Russian plans to add on to an existing European gas pipeline, Fitch Ratings says. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

Low oil prices help slowing India The low price of crude oil is a silver lining in an otherwise downbeat forecast for growth in the Indian economy, the Asian Development Bank said. ... more		Crude oil prices lower after Monday gains Continued government spending on fossil fuels added to fears of oversupply, pushing crude oil prices deep into negative territory in early Tuesday trading. ... 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		Colorado feeling oil price squeeze The low price of crude oil is expected to contribute to further contractions in Colorado employment and state revenues, the government's fiscal report said. ... 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		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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		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		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		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
IEA sees high risk in arctic oil The incoming executive director of the International Energy Agency said drilling for oil in arctic waters may be geologically and economically prohibitive. ... more		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		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

	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

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

Scotland: Unity needed during oil slump		Canadian gas exports to U.S. plummet		Shell boss shrugs shoulders on oil price guess		Oil lower ahead of Fed rate decision		U.S. gasoline demand flattens out
BHP adds voice to U.S. oil export debate		IEA: Age of LNG in question		GOP blasts offshore safety rules		Oil crimping Norway's economy		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

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