Oil and Gas News

November 23, 2015

Afghanistan reviews gas development potential
Kabul, Afghanistan (UPI) Nov 20, 2015
The Afghan government said it's closer to finalizing a deal with a consortium of energy companies that could pave the way for gas exploration and production. A consortium of Turkish and Afghan energy companies reached a preliminary agreement with the Afghan Ministry of Mines and Petroleum to review the potential for natural gas work in the northwestern provinces of Faryab and Jawzjan. "We have reached a favorable and equitable agreement that will create jobs and revenue for our country, ... read more

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Nov 18

Heavy Syria air strikes kill 8, destroy oil tankers: monitor At least eight people were killed in at least 50 air strikes on Syria's eastern Deir Ezzor province Friday, during which dozens of oil tankers were destroyed, a monitor said. ... more		No drilling in the Atlantic, regional parties say City officials and business leaders visited Washington, D.C., to pressure the White House to keep Atlantic basins off limits to energy explorers. ... more		Wood Mac: Expect Argentinean shale boom One of the more lucrative shale basins in the Americas, the Vaca Muerta play in Argentina, could double its output by 2018, analysis finds. ... more
				Federal charges filed for deadly 2012 oil rig blast The U.S. Justice Department said it filed criminal charges in response to a 2012 oil platform incident in the Gulf of Mexico that left three workers dead. ... more		Weak demand tugs on crude oil prices Crude oil prices continued drifting lower in early Friday trading as demand signals continued to show protracted softening in the energy market. ... more

Pakistan gets $1.4 billion energy loan from ADB The Asian Development Bank said it was providing more than $1 billion in loans to help Pakistan address chronic power issues in the country. ... more		Venezuela questions U.S. ties after oil-spying claims 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. ... 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		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

Solar systems for home and business installations

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		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		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		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

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

Schlumberger cleared for tool-maker takeover		Demand signals lift crude oil prices higher		No luck in drilling for oil and gas in Kenya		Maersk gets nod for Kurdish oil work		Australia says 'no' to BP
Oil markets moving on economic concerns		Statoil pulls out of Alaskan Arctic after Shell		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

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