Oil and Gas News

October 06, 2015

Shell starts new work offshore Nigeria
Abuja, Nigeria (UPI) Oct 5, 2015
Royal Dutch Shell said it started operations at the third phase of operations in the deep waters off the coast of OPEC-member Nigeria. Shell said its Nigerian exploration and production company started production at the third phase of the offshore Bonga prospect. "This new start-up is another important milestone for Bonga, adding valuable new production to this major facility," upstream director Andrew Brown said in a statement. Shell last year started oil production from the deep ... read more

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Woodside defends bid for rival Oil Search Ltd Shareholder value is not protected by raising the $8.1 billion takeover offer for rival Oil Search Ltd., the head of Australian company Woodside Petroleum said. ... more		Oil prices up on word of market review Signs of a slowdown in U.S. exploration and production and moves outside North America to consider market conditions pushed crude oil prices upward Monday. ... more		North Dakota rig count drops North Dakota nearly erased recent gains in the number of rigs deployed in exploration and production in the shale-rich state, losing three from last week. ... more
				BP to pay record $20.8 bln over Gulf of Mexico oil spill: US British energy giant BP will pay a record $20.8 billion to settle government claims for damages stemming from the deadly 2010 Gulf of Mexico oil spill, US Attorney General Loretta Lynch said Monday. ... more		U.S. settles claims with BP over 2010 spill The U.S. Justice Department announced Monday it reached a settlement with British energy company BP over the 2010 Deepwater Horizon oil spill. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

Suncor makes bid for Canadian Oil Sands Ltd. Canadian energy company Suncor Energy said Monday it was making an unsolicited bid to take on the outstanding shares of its rival, Canadian Oil Sands Ltd. ... more		Lundin taps Barents Sea prospect It's expected to take around 40 days to tap into a Barents Sea prospect estimated to hold at least 200 million barrels of oil equivalent, Lundin Petroleum said. ... more		Cosmic krypton timestamps reveal Australia landscape evolution and resources Fire on Ice: The Arctic's Changing Fire Regime Warming trend to intensify crop droughts across Europe and beyond		Statoil invests in North Sea field Spending $15 million to acquire a stake in a North Sea natural gas prospect will enhance Norwegian and British energy potential, Norway's Statoil said. ... more
				Repsol plans strategic review Spanish energy company Repsol said it would outline specific details about strategic revisions that include substantial layoffs at a mid-October meeting. ... more		PHMSA outlines new guidelines for pipeline safety The U.S. oil and gas industry said it supported a federal proposal to enhance the way operators conduct safety assessments on the nation's network of pipelines. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

China eyes oil markets shake-up with new crude futures contract China is seeking to assert its growing influence on global oil markets with a yuan-denominated crude futures contract expected to be launched this year. ... more		Study concluded on 2013 Arkansas oil spill In a final order, U.S. regulators assessed a $2.6 million civil penalty to Exxon Mobil Pipeline Co. for a 2013 oil spill. ... more		NASA and DOE plan fission power plant on Moon by 2030 Berkeley Scientists set to home in on 100 signals from Seti at Home Firefly prepares Alpha Block II upgrade for Flight 8		More Kurdish oil than expected, Gulf Keystone says Gulf Keystone Petroleum said third-party estimates show recoverable oil reserves in the Kurdish north of Iraq are at least twice as much as initially expected. ... more
Eni takes lead in new Mexican oil era Italian energy company Eni said it secured a production sharing contract to help develop oil fields off the eastern coast of Mexico. ... more		Statoil researching new energy future Norwegian energy company Statoil said it was teaming up with university researchers to steer development of what it says are sustainable energy solutions. ... more		PBF expands refinery reach to California Downstream-focused PBF Energy said it was setting up a subsidiary in part to handle the $537 million California refinery business acquired from Exxon Mobil. ... more		Oil prices spike on Syria, Chinese growth Positive economic data from China and renewed tensions over the conflict in Syria added positive pressure to crude oil prices at the start of Thursday trading. ... more

	German, Russian companies swap gas assets German energy company BASF said it was exiting the gas trading and storage business after swapping assets with Russian natural gas company Gazprom. ... more		Crude oil prices rise with exports, U.S. report finds Lifting the ban on exporting U.S. crude oil prices could lead to an increase of $2.50 per barrel for domestic producers, a federal report finds. ... more

GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles

Danish PM says Greenland showdown at 'decisive moment' after new Trump threats

Russia claims Oreshnik missile hit Ukrainian aviation plant

TransCanada tries new legal route for Keystone XL		Chesapeake latest oil price casualty		Iran's cabinet backs draft oil contract outline		Crude oil falters on European deflation		Fitch gives good grade to Chinese oil company
Final leg of new European gas line completed		Industry praises Shell's arctic safety record		AAA: Refinery issues throttling gas price slide		Kazakhstan: No changes on Kashagan		Halliburton, Baker Hughes extends closing date

Spain seeks to overturn Prestige tanker spill acquittals

Crude oil prices rally on expected output cuts

Shell halts controversial search for Alaskan oil

Shell scraps controversial oil exploration in Alaska

Report: British North Sea won't rebound until 2017

Italy primed for return to Iran's energy sector

BG Group places bet on offshore Canada

Oil prices drop after China industrial profits sink

Texas oil production holds steady

North Dakota rig count up by four

Researchers examine tradeoffs, potential of using liquid natural gas as marine fuel

Iranian, European firms hobnob with eye on post-sanction bliss

White House: Keystone XL concerns remain

Santos starts LNG production in Australia

EIA expects slump in upstream investmentsw/

Oil inches lower on Caterpillar, weak jobs report

Norway lowers key rate on oil price drag

Iranian oil conference postponed

Marathon names upstream veteran to board

Shale gas a common-sense energy choice, London says

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