Oil and Gas News

December 21, 2015

New technique both enhances oil recovery and sequesters carbon dioxide
University Park PA (SPX) Dec 19, 2015
A proposed recovery technique for oil extraction developed by a Penn State-led research team not only outperforms existing drilling and recovery techniques, but also has the potential to sequester more carbon dioxide in the process. The team estimated that companies using this new technique would greatly improve oil recovery rates. They developed a model that indicates that the process could extract between 78 and 90 percent of the oil in a reservoir over several decades. Existing drilling techniq ... read more

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Dutch ruling: What does it mean for Shell in Nigeria? A Dutch appeals court on Friday permitted four Nigerian farmers and fishermen to sue oil giant Shell for environmental pollution at a court in the Netherlands. ... more		Barnett shale gas estimate doubles The U.S. Geological Survey said its review of the Barnett shale basin in north-central Texas led it to double the estimated reserve potential. ... more		Statoil cancels Transoean rig contract Rig company Transocean said a contract for rig work in the deep waters of the U.S. Gulf of Mexico was cancelled by Norwegian energy company Statoil. ... more
				Oil continues steady drift lower, Brent holding below $40 Lingering pessimism over the chance of recovery in the energy market helped add downward pressure to crude oil prices in early Friday trading. ... more		Norway gives mixed report on greenhouse gas emissions Though greenhouse gas emissions have been relatively stable since 2010, total emissions are still above 1990 levels, the Norwegian government said. ... more

BG Group cleared for LNG plant in Louisiana British energy company BG Group said it was cleared by U.S. regulators to start building a liquefied natural gas export facility in Lake Charles, La. ... more		Trudeau says sensitive rain forest no place for an oil pipeline Canadian Prime Minister Justin Trudeau reiterated his opposition to advancing with crude oil pipelines that have riled some members of the activist community. ... 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		U.N. targets Islamic State oil finance network Finance ministers gathered at the United Nations said that, with millions of dollars coming from illegal oil sales, it was time to target Islamic State funding. ... 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		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

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

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		Shell working to protect assets offshore Alaska 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. ... 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		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
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		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		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		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

	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		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

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

Some gas produced by hydraulic fracturing comes from surprise source		US efforts to stem IS oil yield results		Average gas price hovers near $2 per gallon, lowest since 2009		Fracking plays active role in generating toxic metal wastewater		Oil export ban is last obstacle to passage of spending bill
Another day, another drop in oil prices		Seismic energy company Dolphin goes bust		Oil prices slip further in Asia on supply woes		Exxon starts new work in Indonesia		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

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