Oil and Gas News

December 04, 2015

Shell, BG merger cleared by Australian regulator
The Hague, Netherlands (UPI) Dec 3, 2015
Royal Dutch Shell announced it cleared a regulatory hurdle for the planned combination with BG Group from an Australian financial regulator. The Australian Foreign Investment Review Board approved the planned merger of the two energy giants, Shell said. The FIRB helps the government's policies on foreign investments. The FIRB comes three weeks after the proposed merger cleared the Australian Competition and Consumer Commission, a move Shell Chief Executive Officer Ben van Buerden said wa ... read more

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Russia says talks suspended with Turkey on TurkStream pipeline Russia and Turkey, at loggerheads since Ankara shot down a Russian warplane last week, have suspended talks on their joint TurkStream project to pipe gas to Turkey and southern Europe, Russia's energy minister said Thursday. ... more		Statoil eyes new Barents Sea acreage Norwegian energy company Statoil said it expressed reserved exploration interests in a Barents Sea area covered in a bilateral agreement with Russia. ... more		DNO receives Kurdish oil payments Norwegian energy company DNO became the latest company to confirm payments from the Kurdish government of Iraq for crude oil exports. ... more
				Manslaughter charges dropped in BP Deepwater Horizon oil spill "In the interest of justice" a U.S. court dismissed manslaughter charges against BP engineers on the Deepwater Horizon rig at the time of the 2010 accident. ... more		Russian pipeline through Turkey on hold Talks between Russian and Turkey on building a natural gas pipeline through to Europe are suspended, Russia's energy minister said. ... more

Oil rallies in wild, volatile week Steady growth expectations for Asia and OPEC anticipation offset European trajectory, giving crude oil prices a major lift after Wednesday's sell off. ... more		Columbia stands by team researching Exxon's climate record The dean at the journalism school at Columbia University defended the integrity of reporters investigating what Exxon Mobil scientists knew about climate change. ... 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		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

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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		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 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		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

	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

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

Canadian Oil Sands declares win in takeover spat		North Dakota rig count flirts with historic low		Putin accuses Turkey over IS oil as pilot's body returns to Russia		Swiss oil trader Vitol may supply Libya with fuel		China jails 14 over 2013 pipeline blast
Oil prices end November on a high note		New oil production started in North Sea		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

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