Oil and Gas News

November 16, 2015

Scotland leads unconventional gas extraction health assessments
Stirling, UK (SPX) Nov 15, 2015
Scotland can lead the international public health impact assessment of unconventional gas extraction (UGE), according to a new report by University of Stirling academics. The Scottish Government announced a moratorium on the controversial extraction processes which includes fracking, coal bed methane and underground coal gasification, until it publishes a full assessment of the technology. Now, detailed research by Stirling academics Professor Andrew Watterson and Dr Will Dinan, outlines the compl ... read more

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Russia's central bank frets over oil price and sanctions pressure Lower crude oil prices and restricted access to foreign capital markets means dwindling funds for Russia, the country's central bank chief said. ... more		Energy jobs in Norway down by half Though trade levels increased during the third quarter, the number of jobs opened in the Norwegian oil and gas sector continues to decline, national data show. ... more		Hoeven tries again to erase oil export ban A Republican senator from North Dakota said he was working to insert language in a highway-funding bill that would lift a ban on U.S. crude oil exports. ... more
				Texas oil economy may be shrinking While federal data show Michigan shedding the most jobs, a Texas energy group said the state may be taking the brunt of the economic impact of low oil prices. ... more		Statoil sole winner in offshore Canadian auction Only two of the nine parcels on the auction block for energy explorers were doled out for eastern Canadian offshore acreage, a regional body said. ... more

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Canadian Oil Sands-Suncor spat takes new turn Canadian Oil Sands Ltd. continued to urge its shareholders to reject a bid from rival Suncor Energy, saying the offer would sell itself if it was worthwhile. ... more		RWE holding outlook steady in weakened market German energy company RWE said it was on pace to meet full-year income expectations despite the market downturn, thanks in part to its renewables division. ... 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		OPEC sees short-term balance in U.S. oil production Shale oil production in the Lower 48 is on the decline, thought total U.S. oil production may be supported by growth in the Gulf of Mexico, OPEC said. ... more
				Rail industry weakened by low oil prices Leasing rates for rail cars slated to carry crude oil throughout the North American market have plummeted along with the crude oil prices, analysis finds. ... more		Stand-still economy drags on oil prices Few signs of global economic momentum pushed crude oil prices sharply lower in early Thursday trading, as slow U.S. growth balances tepid global gains. ... more

Nuclear Operations and Maintenance Efficiency Summit USA 2015

Munitions cleared from Russian gas pipeline Operators of a pipeline bringing Russian gas to Europe said munitions found near the infrastructure were cleared from the Swedish waters of the Baltic Sea. ... more		Oil dispersants can suppress natural oil-degrading microorganisms The use of chemical dispersants meant to stimulate microbial crude oil degradation can in some cases inhibit the microorganisms that naturally degrade hydrocarbons, according to a new study led by U ... 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		G20 nations spend $452 bn a year supporting fossil fuels: study The G20 group of major economies spend $452 billion per year supporting fossil fuel industries, despite their primary role in causing climate change, according to a study released on Thursday. ... more
Encana Corp. production up 35 percent Shale-focused Encana Corp. said its overall production was up 35 percent from last year, even as oversupplies drag on crude oil price and profits. ... more		TransCanada wins Mexican gas pipeline contract Pipeline company TransCanada said it will expand its footprint in the Mexican energy sector by building a 155-mile natural gas pipeline in the center of the country. ... more		Oil Megaprojects Won't Stay On The Shelf For Long One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales ... more		EIA: Alberta oil will move by rail Crude oil deliveries from Alberta, Canada, will rely on rail in the wake of the permit refusal for Keystone XL, the U.S. Energy Information Administration said. ... more

	Shale-rich Texas keeps chin up during downturn Despite the market downturn, a Texas regulator said oil and gas production in the shale-rich state continued to grow because operators are more efficient. ... more		Spending down, but West African oil expected to grow Africa-focused Tullow Oil announced plans to keep a lid on spending, but noted one of the larger offshore developments, in Ghana, should launch next year. ... 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

Iran's Cabinet signs off on new oil contract terms		Oil drifts lower on inventory build		Anadarko pulls offer for Apache Corp.		U.S. shale oil basins to decline		Dispersants fail: Half the spilled BP oil may be on Gulf floor
Bank of England gauges impact of lower oil prices		EU looks beyond borders for energy		Oil giant Saudi Arabia submits carbon-curbing pledge		France strikes IS oil sites in Syria: defence minister		IEA forecast drags on crude oil prices

Pardon call as anniversary of Saro-Wiwa's death marked in Nigeria

French giant Engie to build China LNG plant

Keystone XL decision may indicate changing energy landscape

Maersk joins African oil explorers

Oil output from Russian arctic waning

Steep drop in North Dakota rig count

Marathon Oil divests from Gulf of Mexico

Oil falls as China imports dip, OECD cuts growth outlook

French strike hits IS oil facility in Syria: French defence minister

Sechin: Russia can meet Japan's entire demand for LNG

Oil confirmed under Africa's oldest wildlife park Virunga: DRC govt

Obama rejects Canada's Keystone XL pipeline to US

BP engineer cleared of obstruction charges in US spill

Alberta asked to review Suncor bid for rival

Maersk Oil posts heavy loss

Exxon Mobil calls climate change accusations inaccurate

Crude oil slump continues

Halliburton raising cash for Baker Hughes grab

From where do you want your oil, TransCanada asks

More reserves found offshore Congo

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