Oil and Gas News

December 01, 2015

North Dakota rig count flirts with historic low
Bismarck, N.D. (UPI) Nov 30, 2015
North Dakota rig activity indicates the No. 2 oil producer in the nation is still flirting with an all-time low in the exploration and production sector. State data show 64 rigs in the active process of exploring for or producing natural reserves in shale-rich North Dakota. That's down one from last week and one above the historic low of 63, set in November 2009. Rig counts for November are down about 8.5 percent. Lower crude oil prices, off about 9.5 percent for the month, are forcing e ... read more

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Putin accuses Turkey over IS oil as pilot's body returns to Russia Russian President Vladimir Putin on Monday accused Ankara of shooting down a Russian warplane to protect supplies of oil from the Islamic State group to Turkey, after snubbing his Turkish counterpart at a climate conference in France. ... more		Swiss oil trader Vitol may supply Libya with fuel The future of oil-rich Libya and its energy supplies may depend in part on the independence of the country's National Oil Corp., Swiss oil trader Vitol said. ... more		China jails 14 over 2013 pipeline blast China sentenced 14 people, including local officials and employees at a state company, to prison Monday for their role in a 2013 pipeline blast that killed 63 and injured another 156, state media reported. ... more
				Oil prices end November on a high note A market return by U.S. holiday-goers and anticipation over OPEC's meeting at the end of the week pushed crude oil prices higher on the last day of November. ... more		New oil production started in North Sea The start of commercial oil production from the Edvard Grieg field in the North Sea could be transformational, operator Lundin Petroleum said. ... more

India taking energy demand lead With China's economy slowing, it's India that takes the lead as the country expected to take on more oil than any other, the International Energy Agency said. ... more		Emirati energy company claims Kurdish win Emirati energy company Dana Gas said it resolved a dispute with its German partners regarding joint-venture operations in the Kurdish north of Iraq. ... 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		Researchers find new, inexpensive way to clean water from oil sands production Researchers have developed a process to remove contaminants from oil sands wastewater using only sunlight and nanoparticles that is more effective and inexpensive than conventional treatment methods ... more
				Oil countries only slowly warming to climate challenge Global oil producers, who provide the world with much of the fossil fuel that causes global warming, are in no hurry to brighten up their own image as climate dinosaurs. ... more		PetroChina sells pipeline stake amid reforms push State-owned Chinese oil giant PetroChina will sell half of a subsidiary that operates pipelines across central Asia for $2.4 billion, it said, raising hopes of possible reforms among nationalised firms. ... more

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Newtec expands Astra Connect broadband service for Africa's Oil and Gas Sector SES Techcom Services has announced that it will be expanding its Astra Connect broadband service in Africa for the Enterprise and Oil and Gas markets via the Newtec Dialog multiservice platform on S ... more		Ukraine says it will buy more Russian gas when needed A Ukrainian natural gas company said it expects to receive prepaid gas from Russia and future deliveries may come as demand levels dictate. ... 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		Economy returns to haunt oil prices Macroeconomic concerns emerged as factors weighing on crude oil prices after tensions surrounding Middle East violence eased in Wednesday trading. ... more
Apache Corp. stable after takeover bid In the wake of a takeover bid, the credit outlook for energy company Apache Corp. is stable given its track record of solid performance, Fitch Ratings said. ... more		Rail will temporarily fill Keystone XL vacuum The rejection of the Keystone XL pipeline will put more oil on North American rails, but new pipelines will in time come to take up the slack, a report finds. ... more		Major oil gains came from outside OPEC There was modest growth in oil and gas reserves globally, though the majority came from the United States in 2014, a global oil and gas review found. ... more		Oil surges after Turkey shoots down Russian jet Global oil prices surged higher Tuesday after Turkey shot down a Russian warplane on the Syrian border, sparking concerns about rising in the oil-rich Middle East. ... more

	BG Group builds Australian LNG profile BG Group, one of Australia's largest natural gas producers, announced it strengthened its grip in the region with new advances in liquefied natural gas. ... more		EIA: Texas oil standout for U.S. shale More than half of the increase in proven U.S. oil reserves came from Texas and most of that came from two shale basins, a U.S. federal report found. ... 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

Saudis Planning For A War Of Attrition In Europe With Russia's Oil Industry		Sweden sets goal of fossil-free economy		AAA takes long view on gas prices		Oil rallies on geopolitical tensions		Norway expects steep drop in rig activity
Norwegian energy giant addresses climate concerns		US warplanes destroy 283 fuel trucks in Syria		S. Sudan army begins withdrawal from Juba as deadline nears		Transocean to delist from Swiss exchange		Oil prices volatile in Monday trading

Slow movement in North Dakota rig deployment

Iran, Venezuela lock step on oil market woes

Russian oil producer adds to global glut

Federal charges filed for deadly 2012 oil rig blast

Weak demand tugs on crude oil prices

Pakistan gets $1.4 billion energy loan from ADB

Afghanistan reviews gas development potential

Heavy Syria air strikes kill 8, destroy oil tankers: monitor

No drilling in the Atlantic, regional parties say

Wood Mac: Expect Argentinean shale boom

Venezuela questions U.S. ties after oil-spying claims

Texas oil production drifts lower

High-value oil find for Shell in Gulf of Mexico

BG, Shell merger one step closer to completion

Oil pulls back, WTI flirts with sub $40

Global Witness: Exxon's climate issues tip of the iceberg

Political Climate Shifting Against The Oil And Gas Industry

Experts recommend modeling to avoid earthquakes resulting from fracking

Murkowksi: White House an Alaskan oil killer

EU moves major funding toward energy strategy

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