Oil and Gas News

October 27, 2015

Long-awaited pipeline through Afghanistan moving forward
Manila (UPI) Oct 26, 2015
Roughly 15 years in the making, a multilateral agreement on the planned Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline was signed during meetings in Ashgabat, the capital of Turkmenistan. Members of a pipeline consortium planning the gas pipeline east from Turkmenistan announced their preliminary shareholder arrangements at a steering committee. Sean O'Sullivan, director general for the region at the Asian Development Bank, which supports the project, said the momentum was ... read more

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Oct 24

Oct 23

Oct 22

Oct 21

Oil prices drift lower in signs of weakness Signs of steady but slow growth in the global economy pushed crude oil prices lower on the first full trading day of the last week of October. ... more		Has oil-rich North Dakota passed downturn? The number of rigs actively exploring for or producing oil and gas in North Dakota held steady for the third straight week, state data show. ... more		A thousand to be jobless because of low oil prices Danish energy company Maersk said it would cut about 12 percent of its workforce as part of an effort to slash operating costs by 20 percent by the end of 2016. ... more
				Iran lays out future upstream investment expectations The exploration and production side of the energy sector needs the bulk of the focus for a re-emerging Iran, a managing director at Iran's oil company said. ... more		Small discovery, but big hopes at Malaysian natural gas field Swedish energy company Lundin Petroleum announced it made a small gas discovery off the coast of Malaysia, where it's placed much of its recent focus. ... more

Solar systems for home and business installations

Expect more oil from United Arab Emirates OPEC-member United Arab Emirates could expand oil production by 30 percent by 2020 using a costly recovery technique, a U.S. federal review finds. ... more		OMV: Iran not quite ready for investors An investment opportunity exists in the Iranian energy sector, but there are a series of hurdles remaining, Austrian energy company OMV said. ... 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		Crude oil loses ground in early Friday trading Crude oil markets shrugged off economic stimulus actions in China and Europe, with key indices dipping into negative territory in early Friday trading. ... more
				Murkowski: Why no oil swaps with Mexico? U.S. Sen. Lisa Murkowski, an advocate for repealing a 40-year-old ban on oil exports, said she wants to know why no oil is getting to Mexico under a swap deal. ... more		Keystone XL still viable, TransCanada says The planned Keystone XL oil pipeline best fits the Liberal agenda for mobilizing Canadian resources in a way that benefits North America, TransCanada said. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

Norway's DNO paid for Kurdish oil exports Norwegian oil and gas company DNO announced it became the latest player in the Kurdish oil fields to receive government payments for oil exports. ... more		Russian gas giant: Expansion of pipeline ensures reliability Russian natural gas company Gazprom said expanding the Nord Stream pipeline to Europe adds another layer of security to the region's energy sector. ... 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		Norway reviews ice risk to offshore operations Some oil and gas installations in the Barents Sea could be threatened by encroaching sea ice, an investigation from a Norwegian safety regulator found. ... more
Coalition strikes destroy IS oil field in Syria: spokesman Air strikes by the US-led coalition destroyed an oil facility run by the Islamic State group in eastern Syria, a spokesman said Thursday. ... more		Statoil boosts recovery at North Sea gas field Norwegian energy company Statoil said boosting recovery rates at a North Sea natural gas field is a win for European energy security. ... more		Shale player Sanchez upbeat in weak market Overall production from U.S. shale player Sanchez Energy was down, though the company said it was still producing more than expected in the weak market. ... more		Weatherford expects prolonged downturn More layoffs are expected and weakness in the oil markets should continue into 2017, the top executive at oil services company Weatherford International said. ... more

	Oil prices rise, buck market signals Crude oil prices recovered lost territory in Thursday trading as the European Central Bank said it was keeping its interest rates unchanged. ... more		London welcomes LetterOne divestment from North Sea The sale of North Sea oil and gas interests by a Russian oil tycoon to a Swiss company will boost the energy sector's potential, the British government said. ... 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

Exxon slams report for cherry-picking climate legacy		Gulf should adjust to new oil price 'reality': IMF		Fatality reported at rig in U.S. waters		Shell to drill in deep Canadian waters		BHP Billiton cuts spending in oil division
Baker Hughes woes continue		Sudan govt accepts invitation to talks with rebels		Canada's Trudeau gets nod for green agenda		More natural gas to leave U.S. market		Uganda troops begin South Sudan pull-out: official

US: Trudeau win will not influence Keystone decision

Iran oil minister brands middlemen 'corrupt parasites'

Number of North Dakota oil drilling rigs hold steady

Kurds pay out for oil exports

Iran expects OPEC to review its return

General Dynamics NASSCO building SEA-Vista tanker

Oil well out of control in North Dakota

Oil mixed ahead of OPEC meeting

Oil slides as China data weighs

Oil retreats in Asia as China slowdown weighs

China To Continue Expanding Its Influence In The Oil And Gas Sector

United States importing more oil

Russian anti-monopoly board says Gazprom could split

US cancels drilling rights auctions in Alaskan Arctic

Oil and gas companies make green pledge

Oil prices swing positive

EIA reviews Indonesia's OPEC bid

Schlumberger: Market looks challenging

Analysis shows greenhouse gas emissions similar for shale, crude oil

Sanchez completes Texas shale divestment

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