Oil and Gas News

November 07, 2015

From where do you want your oil, TransCanada asks
Calgary, Alberta (UPI) Nov 5, 2015
The fundamental question over the Keystone XL debate is whether to use domestic oil or oil imported from Venezuela or the Middle East, TransCanada said. TransCanada asked the U.S. State Department to pause the review process for the Keystone XL pipeline while it waits for route decisions from Nebreaska's government. The State Department refused the request. Mark Cooper, a spokesman for the company, said in an emailed statement TransCanada would continue to focus on building the pipeline. ... read more

Previous Issues

Nov 06

Nov 05

Nov 04

Nov 03

Nov 02

More reserves found offshore Congo West African oil and gas basins are showing signs of growth, with Italian energy company Eni the latest to announce a discovery off the coast of the Congo. ... more		Justin Trudeau stumps for low-carbon economy During challenging times, Canadian Prime Minister Justin Trudeau said the nation's economy and job growth would revive on the back of cleaner energy. ... more		Oil sector employment in Norway falters Even before the price of crude oil started its steady decline, Norway's government reported employment in the petroleum sector was dwindling. ... more
				Continental Resources expects to produce more Continental Resources, one of the largest oil and gas producers in U.S. shale basins, said it expects output to increase despite market downturn pressures. ... more		Transocean hobbled by weak market Offshore rig company Transocean reported an adjusted net income for the third quarter that was more than 20 percent less than the previous quarter. ... more

Solar systems for home and business installations

Crude oil prices unchanged after previous beating Crude oil prices were flat at the start of the trading day Thursday, as supply-side pressures balance against signs of renewed life in the Chinese economy. ... more		ExxonMobil probed on climate science ExxonMobil is being investigated by New York state on whether it lied to the public about the risks of climate change, a spokesman for New York's top prosecutor said Thursday. ... 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		Russia expects long slump in oil prices In a potential blow to a weakened Russian economy, the head of the Russian Central Bank said there may be a sustained slump in crude oil prices. ... more
				White House tries to move KXL debate above politics The White House said it was working to shield the debate over the Keystone XL oil pipeline from partisan debates and focus instead in the project's merits. ... more		U.S. shale leader Range sells Virginia shale assets for $876M U.S. shale leader Range Resources said it was selling off its holdings in Virginia to bring value forward at a time when the industry is in a downturn. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

U.S. shale player shows signs of life U.S. shale player ONEOK Partners announced good earnings in the third quarter and anticipates future growth in its natural gas volumes. ... more		Saudi says fossil fuels still needed despite global warming fears Leading crude exporter Saudi Arabia supports efforts to limit global warming but believes fossil fuels should remain part of the world energy mix, Oil Minister Ali al-Naimi said on Wednesday. ... 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		US to pursue Keystone pipeline review The United States said Tuesday it would carry on with its review of the controversial cross-border Keystone XL oil pipeline project despite a request from builder TransCanada for a pause in the process. ... more
Iran needs years, not months to regain oil status: report Iran's ambition to regain its full oil export capacity after the lifting of international sanctions is likely to take several years rather than months, a report said on Wednesday. ... more		SOCO gives up oil license in proteced DRC park British oil company SOCO International said it no longer held a stake in an exploration license located in a DRC national park, home to mountain gorillas. ... more		Oil rally loses steam Crude oil prices lost some momentum in early Wednesday trading, after a rally sparked in part by labor strikes in the Brazilian oil sector. ... more		Refinery issues again pull on retail gasoline prices The average retail price for gasoline in the United States was again skewed higher by refinery issues in the Midwest, motor club AAA said. ... more

	Shell, Nigeria accused over oil spill clean up Shell was on Tuesday accused of making false claims about the extent of its oil spill clean-up operations in Nigeria and urged to take more action to help worst-hit communities. ... more		US military wasted $43 mn on useless gas station: watchdog The US military used $43 million of taxpayer dollars for a natural gas station in northern Afghanistan that should have cost just $500,000, the government watchdog for reconstruction in the war-torn country said Monday. ... 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

Keystone XL decision will come on Obama's watch		Fitch: EU, U.S. firms hurt by energy downturn		Chevron: Production started at shared African oil field		Moody's: No long-term oil threat for Canada		North Dakota shows 3 percent increase in rig activity
Panda Power Funds Coal-To-Natural Gas Power Conversion Project		Shell starts November with asset sales		Stop Blaming OPEC For Low Prices		Oil prices subdued in Asia on weak China manufacturing		Environmental cost of tapping alternate sources for water, oil

West Africa drawing oil interest

Inspector warns natural gas project in Afghanistan is too costly

Iran talking energy with European companies

South African waters drawing in energy companies

US firm ordered to pay more over China oil spill: court

Exxon boasts of balance during downturn

PetroChina frets over future growth

Industry lobbies for Atlantic drilling

Crude oil prices steady early Friday

Conoco producing more in over-supplied market

Canada's Suncor producing more oil

Statoil makes debut in South Africa

Shell mulls options offshore Alaska

Norway looks for silver lining in weak oil climate

Eni: $55 per barrel oil what we need

New oil production begins in Gulf of Mexico

Oil mixed after Fed decision

New European gas line inching forward

Anadarko drilling for less in U.S. shale

Canadian market forces Shell's hand

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