Oil and Gas News

November 20, 2015

Venezuela questions U.S. ties after oil-spying claims
Caracas, Venezuela (UPI) Nov 19, 2015
Venezuela's president ordered a review of ties with Washington after uncovering allegations the United States was spying on employees at the state oil company. President Nicolas Maduro said his administration received documents suggesting the U.S. National Security Agency spied on workers with Petroleos de Venezuela, known also as PDVSA, by intercepting phone calls and emails from former Energy Minister Rafael Ramirez. Maduro was quoted by Univision as saying his administration "will ini ... read more

Previous Issues

Nov 19

Nov 18

Nov 17

Nov 16

Nov 15

Texas oil production drifts lower Preliminary data from a Texas energy regulator show crude oil production in the No. 1 producer in the nation is down for the second straight month. ... more		High-value oil find for Shell in Gulf of Mexico Shell said it confirmed what it considers a high-value and significant discovery of oil in the deep U.S. waters of the Gulf of Mexico. ... more		BG, Shell merger one step closer to completion The planned acquisition of BG Group is one step closer to completion after clearing Australian anti-trust authorities, Royal Dutch Shell announced. ... more
				Oil pulls back, WTI flirts with sub $40 A call for robust production from the Saudi oil minister added negative pressure to crude oil prices in early Thursday trading. ... more		Global Witness: Exxon's climate issues tip of the iceberg Exxon Mobil is just one bad apple among a bunch of companies in the extractive industry suspected of holding back on investors, Global Witness said. ... more

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Political Climate Shifting Against The Oil And Gas Industry 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 indu ... more		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		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		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		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		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		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		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

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

Gas prices flirting with historic low		Mexico asks to join IEA		Russia sees Chinese role in arctic oil		North Dakota rig count near six-year low		Low oil revenues could stymie Iraq's counter-terrorism measures
Norwegian petroleum sales dip		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.

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