Oil and Gas News

November 19, 2015

Political Climate Shifting Against The Oil And Gas Industry
London, UK (SPX) Nov 19, 2015
Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more "above ground" problems at a time that they can ill-afford it. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. But U.S. financial regulators are ... read more

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Murkowksi: White House an Alaskan oil killer It's the president's fault that another major energy company has folded up its tent and left Alaska behind, the chair of the Senate energy committee said. ... more		EU moves major funding toward energy strategy Nearly 200 energy infrastructure projects across Europe will help diversify parts of the energy sector, while pulling others out of isolation, an official said. ... more		TransCanada will grow without Keystone XL Pipeline company TransCanada said it had $9.75 billion worth of projects on tap that will expand its North American footprint despite recent political setbacks. ... more
				US strikes on IS oil supply initially only 'minimally effective' US air strikes have been only "minimally effective" in destroying oil infrastructure in the hands of jihadists, a military spokesman said Wednesday, explaining why tanker trucks in Syria are now being targeted instead. ... more		Russian jets 'hunting' IS oil tanker trucks: defence ministry Russia on Wednesday said its planes will attack any tanker trucks travelling through territory belonging to the Islamic State group in Syria, as Moscow looks to ratchet up pressure on the jihadists. ... more

Solar systems for home and business installations

Schlumberger cleared for tool-maker takeover Oil field services company Schlumberger and tool-maker Cameron International said their proposed $12.7 billion merger was cleared by U.S. regulators. ... more		Demand signals lift crude oil prices higher A rare sign of growing demand gave energy markets a boost in early Wednesday trading, with crude oil indices gaining at least a full percentage point. ... 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		Experts recommend modeling to avoid earthquakes resulting from fracking Using computer analysis prior to drilling could limit seismic events as a result of hydraulic fracturing, according to new research published in the Canadian Geotechnical Journal. Hydraulic fracturi ... more
				No luck in drilling for oil and gas in Kenya Despite earlier optimism about the reserve potential in frontier African oil and gas basins, Tullow Oil said it came up empty handed in its efforts in Kenya. ... more		Maersk gets nod for Kurdish oil work Danish energy company Maersk Oil said it received approval to start an oil field development plan in the Kurdish north of Iraq. ... more

Australia says 'no' to BP A regulator charged with vetting plans for offshore Australia said it wasn't satisfied with an environmental plan submitted by British energy company BP. ... more		Oil markets moving on economic concerns Crude oil prices shifted less on geopolitical concerns and more on market fundamentals, losing ground in Tuesday trading on growing concerns about Europe. ... 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		Statoil pulls out of Alaskan Arctic after Shell Norway's Statoil said Tuesday it was giving up its exploration licences in Alaska after its Anglo-Dutch rival Shell threw in the towel in September because of disappointing oil and gas finds. ... more
Gas prices flirting with historic low Low oil prices and the ending of a season of heavy refinery maintenance are pushing the U.S. average price for gas close to a historic record, analysts say. ... more		Mexico asks to join IEA Mexico's secretary of energy said from Paris his country submitted a formal request to join the Western-backed International Energy Agency. ... more		Russia sees Chinese role in arctic oil Russia's deputy energy minister said Monday an invitation to China was on the table to help with energy exploration strategies in the arctic. ... more		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

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

Japan puts downward pressure on oil prices		Scotland leads unconventional gas extraction health assessments		Russia's central bank frets over oil price and sanctions pressure		Texas oil economy may be shrinking		Statoil sole winner in offshore Canadian auction
Energy jobs in Norway down by half		Hoeven tries again to erase oil export ban		Canadian Oil Sands-Suncor spat takes new turn		RWE holding outlook steady in weakened market		OPEC sees short-term balance in U.S. oil production

Rail industry weakened by low oil prices

Stand-still economy drags on oil prices

Munitions cleared from Russian gas pipeline

Oil dispersants can suppress natural oil-degrading microorganisms

G20 nations spend $452 bn a year supporting fossil fuels: study

Encana Corp. production up 35 percent

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

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