Oil and Gas News

November 17, 2015

Russia sees Chinese role in arctic oil
Moscow (UPI) Nov 16, 2015
Russia's deputy energy minister said Monday an invitation to China was on the table to help with energy exploration strategies in the arctic. A lack of infrastructure in the arctic north of Russia is putting a moderate throttle on the region's oil production. Russian Deputy Energy Minister Anatoly Yanovsky told state news agency RIA Novosti there were talks between Russian oil company Rosneft and China on working in the arctic to enhance operations there. "The topic is in discussion at t ... read more

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North Dakota rig count near six-year low The number of rigs actively exploring for or producing oil and natural gas in North Dakota is holding steady near a six-year low, state data show. ... more		Low oil revenues could stymie Iraq's counter-terrorism measures Iraqi revenues are under strain from conflict and low oil prices, creating a shortage of cash needed to back counter-terrorism efforts, Moody's Analytics said. ... more		Norwegian petroleum sales dip Domestic sales of petroleum products in Norway decreased even though the cost for consumers is down, data from the Norwegian government said. ... more
				Japan puts downward pressure on oil prices Energy markets shook off concerns about last week's Islamic State attacks on Paris to drift lower on word the Japanese economy moved back into recession. ... more		Scotland leads unconventional gas extraction health assessments 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 ann ... more

Solar systems for home and business installations

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		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		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		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
				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

Nuclear Operations and Maintenance Efficiency Summit USA 2015

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		Orbit Over Obsolescence: How Satellite Constellations Are Replacing Cell Towers One Layer at a Time Constellations of Power: Smart Dragon-3 and the Geopolitics of China's Space Strategy The latest gaming tech to look forward to in 2025		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		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

	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

U.S. defense in free fall

U.S. and Saudis conduct Middle East's largest counter-drone exercise

Saudi Arabia and Pakistan sign mutual defense pact

TransCanada wins Mexican gas pipeline contract		Oil Megaprojects Won't Stay On The Shelf For Long		EIA: Alberta oil will move by rail		Shale-rich Texas keeps chin up during downturn		Spending down, but West African oil expected to grow
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

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