Oil and Gas News

September 24, 2015

Shale gas a common-sense energy choice, London says
London (UPI) Sep 23, 2015
Natural gas from shale can be the energy bridge toward a greener future while at the same providing economic stimulus, the British government said. The British government estimates shale basins in the country may hold more than 1.3 quadrillion cubic feet of natural gas, a level the government said could help an economy with natural gas imports on pace to increase from 45 percent of demand in 2011 to 76 percent by 2030. Andrea Leadsom, minister of state at Department of Energy and Climate ... read more

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Chinese optimism gives oil prices minor support Chinese assurances of economic stability gave crude oil prices a modest lift in early Wednesday trading despite weak manufacturing activity. ... more		Total making further spending cuts French energy company Total said Wednesday it was cutting its operating expenses by 50 percent for a 2017 spending drop of $3 billion. ... more		Oil firms despite China gloom Oil prices edged higher Wednesday, in line with rising European equities, but gains were capped by gloomy Chinese manufacturing data, analysts said. ... more
				TransCanada counters Clinton's Keystone XL claims In a counter to Hillary Clinton, Keystone XL planner TransCanada said pipelines are the safest and least carbon-intensive ways to transport crude oil. ... more		Putin works to counter impact of low oil prices A Russian economy struggling under the dual pressures from sanctions and low crude oil prices needs to work to overcome recession, the Russian president said. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

This Is What Needs To Happen For Oil Prices To Stabilize 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 estimate ... more		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		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		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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		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		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		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
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		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		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		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

U.S. defense in free fall

Saudi Arabia and Pakistan sign mutual defense pact

Brazil, Chile sign defense agreement

House move on oil exports moot, White House says		Report: Post-sanctions Iran still tricky		MOL finds oil and gas in Pakistan		How one US state went from two quakes a year to 585		IMF: Egypt's gas good for growth
How much water does US fracking really use		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

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