Oil and Gas News

December 03, 2015

Columbia stands by team researching Exxon's climate record
New York (UPI) Dec 03, 2015
The dean at the journalism school at Columbia University defended the integrity of reporters investigating what Exxon Mobil scientists knew about climate change. Journalism graduate students at Columbia started their investigation into Exxon records in early 2014 and then coordinated with the Los Angeles Times. In October, the newspaper wrote Exxon "publicly cast doubt" on the existence of global warming after years of leading climate research. The debate caught the attention of the New ... read more

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Russia accuses Turkey's Erdogan over IS oil trade Russia on Wednesday accused Turkish President Recep Tayyip Erdogan and his family of involvement in illegal oil trading with Islamic State jihadists, ratcheting up the heat in a dispute over Ankara's downing of one of Moscow's warplanes. ... more		Oil suffers heavy losses ahead of OPEC meeting Crude oil prices declined dramatically in early Wednesday trading on expectations members of OPEC would stand pat on production levels at their next meeting. ... more		Kurdish oil player upbeat on future prospects Gulf Keystone Petroleum said it received payments for exports from the Kurdish government in Iraq, which it said would boost its corporate sustainability. ... more
				Gazprom reviews gas line to Europe in midst of Russian, Turkish tensions Amid frosty relations between Moscow and Ankara, Russian energy company Gazprom said it was reviewing the status of a pipeline through the Baltic Sea. ... more		Canadian Oil Sands touts resilience Even with oil priced below $50 per barrel, Canadian Oil Sands, a target of a takeover bid, said it will be able to stay in the black under a 2016 budget plan ... more

Statoil dumps stake in European gas pipeline Italian energy company Snam said it bought Statoil's stake in the planned Trans Adriatic gas pipeline, billed as a near-panacea for European diversification. ... more		Shedding light on oil behaviors before the next spill A comprehensive scientific report released by The Royal Society of Canada (RSC) has concluded that there are still critical research gaps hampering efforts to both assess the environmental impacts o ... 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		Iraqi Kurds made $3.29 bn from direct oil sales Iraq's autonomous Kurdish region said Tuesday it has made more than $3.29 billion in revenues since June from direct oil export sales that the country's federal government considers illegal. ... more
				Texas to see massive layoffs as 250.000 oil jobs lost already Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. ... more		Gas prices down for 25 straight days For 25 days in a row, U.S. drivers have seen the retail price for gasoline fall and that should be the prevailing trend through year's end, AAA reports. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Eni tapping into offshore Mexico Italian energy company Eni said it was cleared by Mexican authorities to start development of three oil fields in territorial waters in the Gulf of Mexico. ... more		Crude oil ticks lower on tepid growth Lingering economic concerns pulled on crude oil prices Tuesday amid anticipation over the next move by the Organization of Petroleum Exporting Countries. ... 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		Canadian Oil Sands declares win in takeover spat An Alberta regulator struck a "major blow" to rival Suncor in its hostile takeover bid by confirming shareholder rights, Canadian Oil Sands Ltd. said. ... more
North Dakota rig count flirts with historic low 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. ... more		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

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

India taking energy demand lead		Emirati energy company claims Kurdish win		Researchers find new, inexpensive way to clean water from oil sands production		Oil countries only slowly warming to climate challenge		PetroChina sells pipeline stake amid reforms push
Newtec expands Astra Connect broadband service for Africa's Oil and Gas Sector		Ukraine says it will buy more Russian gas when needed		Economy returns to haunt oil prices		Apache Corp. stable after takeover bid		Rail will temporarily fill Keystone XL vacuum

Major oil gains came from outside OPEC

Oil surges after Turkey shoots down Russian jet

BG Group builds Australian LNG profile

EIA: Texas oil standout for U.S. shale

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

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