Oil and Gas News

October 07, 2015

NYT: Oil export push well-funded machine
Washington (UPI) Oct 6, 2015
The push to ease the ban on U.S. crude oil exports is a well-funded effort akin to a presidential campaign in terms of its political machinery, a report finds. Republican leaders in the U.S. House and Senate have moved various pieces of legislation meant to end the ban placed on U.S. crude oil exports after Arab members of the Organization of Petroleum Exporting Countries in the 1970s blocked their exports to the United States in response to Washington's support for Israel. A report publ ... read more

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Sep 30

Recovery sentiment lifts oil prices European support for Greek economic recovery and industry sentiments of upward momentum helped lift crude oil prices in early Tuesday trading. ... more		Gazprom: Nord Stream II not a new project Parties to the twin Nord Stream pipeline through the Baltic Sea are covered for plans to expand the existing infrastructure, Russia's Gazprom said. ... more		Canadian Oil Sands mulls takeover offer The unsolicited bid put on the table by Suncor Energy is far below what represents a fair value, a main shareholder at target Canadian Oil Sands said. ... more
				Wood Group names new CEO Scottish oil field services company Wood Group said naming board member Robin Watson as its new chief executive officer is part of a natural evolution. ... more		Prices at U.S. pumps hold steady Regional refinery issues in the United States means average gas price trends are flirting with a historical move upward, market analysis finds. ... more

Nuclear Decommissioning And Used Fuel Market 2015

Solar systems for home and business installations

Rating for Chesapeake Energy lowered The credit rating for U.S. shale player Chesapeake Energy was downgraded because of cash flow problems in the weak market, Moody's said. ... more		Canadians cozy with Americans despite pipeline woes: polling An exhausting seven-year wait for US President Barack Obama to approve, or not, a controversial North American pipeline has not soured Canadians' view of their southern neighbors, a study said Tuesday. ... more		Fossil fuels harm health from 'cradle to grave': report Trash, mulch and security: All jobs for troops in Washington Rising oceans to threaten 1.5 million Australians by 2050: report		Shell starts new work offshore Nigeria Royal Dutch Shell said it started operations at the third phase of operations in the deep waters off the coast of OPEC-member Nigeria. ... more
				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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		Sun reverses decades-long decline and shows rising activity AI model predicts harmful solar winds with unprecedented accuracy JUNO begins decade-long mission to probe neutrino mysteries		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
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		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		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

Russia launches dozens of drones as Ukraine claims 'important success'

Russian jets violate Estonian air space in 'brazen intrusion'

U.S. defense in free fall

Study concluded on 2013 Arkansas oil spill		More Kurdish oil than expected, Gulf Keystone says		Eni takes lead in new Mexican oil era		Statoil researching new energy future		PBF expands refinery reach to California
Oil prices spike on Syria, Chinese growth		German, Russian companies swap gas assets		Crude oil prices rise with exports, U.S. report finds		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

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