Oil and Gas News

October 30, 2015

New European gas line inching forward
Baar, Switzerland (UPI) Oct 29, 2015
A pipeline consortium planning to send more non-Russian gas to the European market said it was on pace to start consortium by next year. The Trans-Adriatic Pipeline consortium announced it awarded a contract to Salzgitter Mannesmann International, a leader in European steel, to provide 48-inch pipelines for the onshore sections of the planned gas artery through southern Europe. TAP is slated to transport natural gas from the second phase of the Shah Deniz natural gas field off the coast ... read more

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Canada's Suncor producing more oil Canadian oil company Suncor said production for the third quarter was up 9 percent year-on-year at a time when surplus is driving industry profits down. ... more		Statoil makes debut in South Africa Norwegian energy company Statoil said that, for the first time ever, it was studying the potential reserves off the coast of South Africa. ... more		Shell mulls options offshore Alaska Despite regulatory and exploration setbacks for the arctic waters off the coast of Alaska, Royal Dutch Shell said it was keen on protecting its regional assets. ... more
				Norway looks for silver lining in weak oil climate Though lower crude oil prices continue to drag on the Norwegian economy, the government said it expects some form of recovery by late 2016. ... more		Eni: $55 per barrel oil what we need Italian energy company Eni said it would be able to cover its operational plans for 2015 assuming an average oil price of around $55 per barrel. ... more

Solar systems for home and business installations

New oil production begins in Gulf of Mexico The Big Bend project, a new single-well field online in the Gulf of Mexico, is on pace to reach maximum output before the end of November, Noble Energy said. ... more		Oil mixed after Fed decision Crude oil prices started Thursday in the black, riding the momentum sparked by sentiment from the U.S. Federal Reserve that economic activity was expanding. ... 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		Day Of Reckoning For U.S. Shale Will Have To Wait October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebo ... more
				Anadarko drilling for less in U.S. shale While taking a hefty loss for the quarter, U.S. oil and gas company Anadarko Petroleum said it was able to improve costs at operations in domestic shale basins. ... more		Canadian market forces Shell's hand An uncertain market and the lack of infrastructure needed to move Canadian oil to the global market means it's time to scrap an Alberta oil project, Shell said. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

France secures more LNG from United States French energy company ENGIE, formerly GDF Suez, said it signed a deal to secure liquefied natural gas from proposed export facilities in the United States. ... more		Oil company Hess posts fourth straight loss U.S.-focused oil producer Hess Corp. said it was taking a disciplined approach to its business operations after posting its fourth consecutive quarterly loss. ... 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		Chemists find better way to pack natural gas into fuel tanks A new and innovative way to store methane could speed the development of natural gas-powered cars that don't require the high pressures or cold temperatures of today's compressed or liquefied natura ... more
On the road to ANG vehicles With new makes of all-electric and hybrid automobiles seeming to emerge as fast as the colors of fall, it is easy to overlook another alternative to gasoline engines that could prove to be a major p ... more		Eni sells stake in subsidiary Saipem Italian energy company Eni said it was selling shares in its oil services subsidiary Saipem to finance the development of its oil and natural gas reserves. ... more		Crude oil corrects early week losses Crude oil prices recovered some lost ground in early Wednesday trading, though most signs continue to show the markets are heavily favoring the supply side. ... more		Shale-rich Oklahoma expecting budget squeeze The governor of emerging oil and gas state Oklahoma signed an executive order calling for preparations for what's expected to be a challenging budget year. ... more

	Supply pressure puts oil prices in free fall Expectations of dwindling production wasn't enough to offset concerns about oversupply, pushing crude oil prices deeper in the red in early Tuesday trading. ... more		Weak oil market not yet caught up with Texas A preliminary estimate of the total crude oil production from Texas, the No. 1 oil producer in the nation, shows output remains resilient, state data show. ... 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

Technip to provide pipeline for Libra oil field offshore Brazil		BP retooling for new market climate		Low oil prices helping U.S. drivers		Minor spill is at least third in North Dakota this month		Iran lays out future upstream investment expectations
Long-awaited pipeline through Afghanistan moving forward		A thousand to be jobless because of low oil prices		Oil prices drift lower in signs of weakness		Has oil-rich North Dakota passed downturn?		Expect more oil from United Arab Emirates

OMV: Iran not quite ready for investors

Crude oil loses ground in early Friday trading

Murkowski: Why no oil swaps with Mexico?

Keystone XL still viable, TransCanada says

Norway's DNO paid for Kurdish oil exports

Small discovery, but big hopes at Malaysian natural gas field

Russian gas giant: Expansion of pipeline ensures reliability

Norway reviews ice risk to offshore operations

USGS ties quakes to Oklahoma oil production

Methane from fracking sites can flow to abandoned wells, new study shows

Coalition strikes destroy IS oil field in Syria: spokesman

Statoil boosts recovery at North Sea gas field

Shale player Sanchez upbeat in weak market

Weatherford expects prolonged downturn

Oil prices rise, buck market signals

London welcomes LetterOne divestment from North Sea

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

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