Oil News and Gas News
December 09, 2015
OIL AND GAS
ULC Robotics AND SGN Unveil The Next Generation Of Pipeline Robotics
Hauppauge NY (SPX) Dec 09, 2015
ULC Robotics and UK Gas Utility SGN are proud to introduce the next generation of pipeline robotics - the CIRRIS XI and the CIRRIS XR Robotic Systems. These breakthrough robotic systems were strategically developed to allow gas utilities to extend the life of large diameter cast iron pipeline infrastructure. The systems, which are taking on one of the most challenging and sensitive pipeline environments, represent the next evolution of robotics in the gas industry, and are currently undergoing fie ... read more
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OIL AND GAS

Is Washington Attempting to Torpedo Nord Stream 2
An expert speaking to independent Russian newspaper Svobodnaya Pressa suggests that Washington may be playing the role of 'coordinator' in the campaign by several Eastern European countries to try t ... more
OIL AND GAS

Woodside pulls offer for rival Oil Search
Australian energy company Woodside Petroleum announced it withdrew its bid to merge business operations with rival Oil Search Ltd. ... more
OIL AND GAS

Outlook for Texas energy sector uncertain
The outlook for the oil-based economy in Texas is anything but certain, though some form of recovery is expected later in 2016, an economist said. ... more
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OIL AND GAS

AAA: Oil major factor in gas price slide
Supply and demand dynamics on the crude oil market, coupled with downward pressure from OPEC's meeting, should keep U.S. gas prices lower, AAA said. ... more


OIL AND GAS

Oil prices move to historic lows
Weak performance Tuesday for Chinese energy stocks highlighted the duration of the market headache brought on by OPEC as crude oil prices move to historic lows. ... more

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OIL AND GAS

Struggle looms as Venezuela opposition vows to fix crisis
Venezuela's jubilant opposition vowed Monday to drag the oil-rich country out of its economic crisis and free political prisoners after it broke the socialist government's 16-year grip on the legislature. ... more
OIL AND GAS

Israeli companies keen on Egyptian gas deal
Companies working in the Israel energy sector said they're still pursing commercial deals in Egypt despite reports of a breakdown in talks. ... more
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OIL AND GAS

Dana Gas says Kurds owe $11 billion
Emirati energy company Dana Gas said the Kurdish government of Iraq owes it and its partners more than $11 billion for interfering with oil-field operations. ... more
OIL AND GAS

Turkey mulling retaliatory sanctions on Russia: PM
Turkish Prime Minister Ahmet Davutoglu said Tuesday his government was considering retaliatory measures against Moscow, with whom it is embroiled in a bitter dispute over Ankara's shooting down of a Russian warplane. ... more
OIL AND GAS

OPEC hangover sends oil sharply lower
The impacts of last week's fractured OPEC meeting in Vienna spilled over into Monday trading as crude oil prices started the day down more than 2 percent. ... more
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OIL AND GAS

Rig counts down 16 percent year-on-year
Globally, the number of rigs deployed for oil and gas exploration is down 16 percent from last November, oil services company Baker Hughes reported. ... more
OIL AND GAS

Transocean lands offshore Canadian rig deal
Rig services company Transocean said it reached a deal with Husky Oil Operations Ltd. for activity off the coast of Canada for about $200 million. ... more
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OIL AND GAS

North Dakota rig counts hold steady
Despite a net drift lower in U.S. oil basins, North Dakota's rig count remained unchanged, but near a historical low, compared with last week. ... more
OIL AND GAS

Afghanistan gets energy security grants
With energy demand growing nearly twice as fast as its economy, the Asian Development Bank said it was distributing grants to address Afghan energy security. ... more
OIL AND GAS

Russian sanctions on Turkey cut both ways, European bank finds
Sanctions imposed by Moscow will have minor impacts on the Turkish economy, though there may be energy-related backlash for Russia, a European report finds. ... more
OIL AND GAS

Struggle looms as Venezuela opposition vows to fix crisis
Venezuela's jubilant opposition vowed Monday to drag the oil-rich country out of its economic crisis and free political prisoners after it broke the socialist government's 16-year grip on congress. ... more
OIL AND GAS

IS earns $80 mn a month but starting to struggle: analysis
The Islamic State group is pulling in some $80 million a month, mainly from levies and confiscations, but is struggling financially as strikes hit its oil infrastructure, analysis firm IHS said Monday. ... more

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OIL AND GAS

Putin expresses condolences for Azerbaijani oil rig accident
Russian President Vladimir Putin expressed condolences to his Azerbaijani counterpart following a fatal accident at an oil platform in the Caspian Sea. ... more
OIL AND GAS

Parts of Texas economy slowing, but beating out nation
Parts of the oil-rich economy in Texas are showing signs of slowing down, but still outperforming the rest of the nation, the Dallas Federal Reserve said. ... more
Military Space News, Nuclear Weapons, Missile Defense
U.S. defense in free fall
U.S. and Saudis conduct Middle East's largest counter-drone exercise
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OIL AND GAS

Russia mulls economy beyond oil

OIL AND GAS

Turkey seeks alternatives to Russian energy after plane crisis

OIL AND GAS

Once again 'no,' Canadian Oil Sands tells rival

OIL AND GAS

Researchers develop super-absorbent material to soak up oil spills

OIL AND GAS

Crude oil prices hammered on OPEC policy

OIL AND GAS

House passes symbolic gesture for oil exports

OIL AND GAS

Shell, BG merger cleared by Australian regulator

OIL AND GAS

Russia says talks suspended with Turkey on TurkStream pipeline

OIL AND GAS

Columbia stands by team researching Exxon's climate record

OIL AND GAS

Statoil eyes new Barents Sea acreage

Russia accuses Turkey's Erdogan over IS oil trade

DNO receives Kurdish oil payments

Oil suffers heavy losses ahead of OPEC meeting

Manslaughter charges dropped in BP Deepwater Horizon oil spill

Kurdish oil player upbeat on future prospects

Russian pipeline through Turkey on hold

Gazprom reviews gas line to Europe in midst of Russian, Turkish tensions

Oil rallies in wild, volatile week

Canadian Oil Sands touts resilience

Statoil dumps stake in European gas pipeline

Shedding light on oil behaviors before the next spill

Iraqi Kurds made $3.29 bn from direct oil sales

Texas to see massive layoffs as 250.000 oil jobs lost already

Gas prices down for 25 straight days

Eni tapping into offshore Mexico

Crude oil ticks lower on tepid growth

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


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