Oil and Gas News

December 18, 2015

Shell working to protect assets offshore Alaska
Washington (UPI) Dec 17, 2015
While Royal Dutch Shell said it aims to protect its drilling rights in the Arctic waters offshore Alaska, it said drilling was off the table for the foreseeable future. Royal Dutch Shell in October said it was considering its options when the Bureau of Safety and Environment Enforcement denied its request to suspend leases in Arctic Alaskan waters that expire between 2017 and 2020. Leases expire at the end of their terms unless operators are engaged in drilling or related activity. In Se ... read more

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Dec 11

Obama expected to sign off on ending oil export ban President Obama is expected to sign a bill that would lift a crude oil export ban because it's balanced by renewable energy incentives, a research note said. ... more		Oil rises on good U.S. labor figures Signs of steady growth in the U.S. economy lifted crude oil prices in early Thursday trading, though the market still heavily favors the supply side. ... more		Hurdle cleared for offshore Israeli gas development The Leviathan gas field, one of the largest in the world, is open to market access following an Israeli regulatory decision, Noble Energy said. ... more
				Putin says worst of economic crisis over The Russian economy, burdened by sanctions and lower crude oil prices, has largely passed over the worst of the crisis, President Vladimir Putin said. ... more		Canadian oil sector resilient -- sort of Short-term growth for Canadian oil sands remains robust through 2020, though direction beyond that is uncertain, a sector research report finds. ... more

Britain awards new shale exploration licences Britain awarded scores of new licences for onshore shale exploration on Thursday in a move that opponents say could lead to controversial fracking beneath protected countryside. ... more		Azerbaijan quenches rig blaze, averting 'major oil spill' in the Caspian Azerbaijan has finally extinguished a blaze at an offshore oil rig in the Caspian Sea which caught fire nearly two weeks ago, averting "a major oil spill", officials said Thursday. ... 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		Natural or manmade quakes? New technique can tell the difference A new study by Stanford researchers suggests that earthquakes triggered by human activity follow several indicative patterns that could help scientists distinguish them from naturally occurring temb ... more
				Britain approves national park fracking plans British MPs on Wednesday voted in favour of allowing fracking under national parks, despite earlier promises of a ban. ... more		U.S. crude oil export no longer banned under Congressional deal Congress is set to avoid a U.S. government shutdown after reaching a broad financial deal that would also lift a 40-year-old ban on crude oil exports. ... more

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Some gas produced by hydraulic fracturing comes from surprise source Some of the natural gas harvested by hydraulic fracturing operations may be of biological origin - made by microorganisms inadvertently injected into shale by oil and gas companies during the hydrau ... more		US efforts to stem IS oil yield results Stepped-up attacks against the oil infrastructure of the Islamic State group have hurt its bottom line, a senior US official said Tuesday, as the Obama administration tries to rebut claims it is moving too slowly against the jihadists. ... 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		Average gas price hovers near $2 per gallon, lowest since 2009 The average national price of unleaded regular gasoline is poised to fall below the $2 per gallon threshold, AAA reported Tuesday. ... more
Fracking plays active role in generating toxic metal wastewater The production of hazardous wastewater in hydraulic fracturing is assumed to be partly due to chemicals introduced into injected freshwater when it mixes with highly saline brine naturally present i ... more		Oil export ban is last obstacle to passage of spending bill A clash in Congress over a ban on oil exports is the last obstacle to passing a spending bill by the end of 2015. ... more		Another day, another drop in oil prices Crude oil prices suffered another loss Monday, with Brent taking the biggest hit on the back of pessimistic spending forecasts from big energy companies. ... more		Seismic energy company Dolphin goes bust Seismic energy company Dolphin Group, headquartered in Norway, says it is considering bankruptcy proceedings because of the weak energy market. ... more

	Oil prices slip further in Asia on supply woes Oil prices extended losses in Asia on Monday on fears that a global supply glut will last another year, with analysts saying the Paris climate deal likely will have no near-term effect on the commodity. ... more		Exxon starts new work in Indonesia ExxonMobil said it started operations at an onshore processing facility that will help boost oil production in Indonesia, the newest member of OPEC. ... 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

Shell wins Chinese clearance for BG takeover		Shell clears last hurdle for BG Group merger		North Dakota rig activity stable		Encana latest to trim 2016 budget		Strippers Suffering From Low Oil Prices
Scientists develop diesel that emits far less CO2		Murkowski: Oil the answer to national security		BP makes headway in North Sea campaign		Total starts new work offshore Congo		Russian gas output could be lower

Repsol steps back from U.S. shale

Oil prices continue sharp decline

Is Enbridge pipeline the next Keystone?

Chevron cuts 2016 budget

Conoco latest to trim spending for 2016

Oil services company Technip denies merger talks

Shell reviews New Zealand business

North Dakota oil sector bracing for slump

OPEC strikes again

Could Saudi oil obstruct a Paris climate deal?

ULC Robotics AND SGN Unveil The Next Generation Of Pipeline Robotics

White House opposes legislative efforts to erase oil export ban

NRDC claims win on bitumen debate

U.S. gas prices will be even lower next year

Oil prices recover some lost ground

Texas drilling activity slumps

BP expands footprint in Egypt

Why Is The US Reluctant To Bomb ISIS Oil Fields?

Woodside pulls offer for rival Oil Search

Outlook for Texas energy sector uncertain

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