Oil and Gas News

February 16, 2016

Does living near an oil or natural gas well affect your drinking water
Stanford CA (SPX) Feb 16, 2016
"The answer to that question is usually 'no,' but there are exceptions," said Stanford Professor Rob Jackson, a professor of Earth system science at Stanford University, and a senior fellow at the Stanford Woods Institute for the Environment and at the Precourt Institute for Energy. An expert on the health impacts of fossil fuels, Jackson has studied groundwater quality at oil and gas fields throughout the United States. He will present his findings on Sunday, Feb. 14 at 10:00 a.m. ET, at the annu ... read more

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Iraq PM offers cash-strapped Kurds salaries for oil Iraq's federal government will pay the salaries of the cash-strapped Kurdish region's employees if it halts its independent oil exports, Prime Minister Haider al-Abadi said Monday. ... more		Several quakes strike oil-rich Oklahoma The U.S. Geological Survey reported at least 9 minor earthquakes since the weekend in Oklahoma, a state wary of the connection between fracking and tremors. ... more		Oil spills in Peruvian Amazon hit wildlife Two recent oil pipeline spills in Peru's part of the Amazon hit areas rich in wildlife and it will take them a year to recover, the government said Monday. ... more
				Oil ticks slightly higher, though Japan clouds momentum Japanese economic data Monday showing lingering weakness provided a throttle on momentum sparked last week by OPEC production cut rumors. ... more		North Dakota rig count moves lower North Dakota exploration and production activity held below the most recent historic low point Monday, with the No. 2 oil producer losing a rig from last week. ... more

No discounts for oil, Iran says Iran is not marking its return to the global crude oil market in the post-sanctions era with price discounts, a director at the state-run oil company said. ... more		BG Group fully incorporated under Shell British energy company BG Group is now a unit within the corporate structure of Royal Dutch Shell, the Hague-based supermajor announced Monday. ... 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		UAE's Dana Gas bucks trends with profit Emirati energy company Dana Gas bucked industry trends by posting an increase in net profits on the back of strong performance in Egypt and legal settlements. ... more
				Construction for Johan Sverdrup platform begins Norwegian energy company Statoil said Monday the first steel was cut for the drilling platform designated for its much-anticipated Johan Sverdrup field. ... more		Firm aims to support hobbled offshore drillers U.S. investment firm Blackstone Group said it formed a partnership to help provide financial solutions to the offshore oil and natural gas services sector. ... more

Military Radar Summit 2016 - Washington DC - February 29

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

OPEC rumors again drive oil higher Speculation that major world oil producers could at least curb increases caused crude oil prices to soar Friday, though underlying economic pessimism remains. ... more		EIA revises Oklahoma oil production higher A revised survey from the U.S. Energy Information Administration raised the estimated daily oil production from Oklahoma by 100,000 barrels. ... more		Alien civilizations may be far rarer than hoped study suggests Mapping the Universe faster without sacrificing precision Mysterious 'red dots' in early universe may be 'black hole star' atmospheres		Iran again postpones London energy summit Organizers of an Iranian petroleum conference scheduled in London said the event was postponed because Iranian delegates were having visa issues. ... more
California gas leak under control A massive gas leak near Los Angeles that forced thousands from their homes for months was brought under control on Thursday, a utility official said. ... more		More natural gas found offshore Myanmar With a strong portfolio in Myanmar, Australian energy company Woodside Petroleum said it was gaining traction after making its second gas discovery. ... more		TransCanada says position strong without KXL TransCanada Corp. said it reported a $1.8 billion loss for the fourth quarter, but maintained it would soldier on even without the Keystone XL oil pipeline. ... more		PBF Energy reports lower income U.S. refiner PBF Energy said it was sharing the pain of its upstream counterparts with a reported fourth quarter income about 20 percent lower year-on-year. ... more

	EIA: U.S. energy spending down sharply Investment in the mining and other extractive industries, including oil, declined in the United States by more than 30 percent last year, federal data show. ... more		DNO upbeat on Kurdish oil payments Kurdish-focused energy company DNO International said revenues for last year were sharply lower, though it ended 2015 with an increase in cash balance. ... 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

Continental's proven reserves drop		Oil prices tumble after Fed testimony		End of the line for BG Group		Oil mixed after OPEC report		Sechin: Rosneft could go private
Iran addressing high unemployment		OPEC: Oil in Americas under pressure		Tullow cuts spending guidance by 18 percent		Petroleum reservoir simulation using super element method		Suncor replaces board at Canadian Oil Sands

Aussie oil company gushing over Cuba

Retail gasoline selling for a bargain

IEA demand forecast drags on oil prices

Chesapeake recovers some share value

North Dakota continues shedding rigs

Rig contract cancelled for Transocean

Mexican rig fire leaves three dead

Oil falters on low prospect of output cuts

Total gas moves in North Sea praised

DNO, Genel paid for Kurdish oil exports

Iran aims for more diverse economy

U.S. rig count drops 8 percent

Kurds pay out for crude oil exports

House scoffs at Obama's proposed $10 oil fee

BG Group ends independence on high note

Canada's Suncor trims spending

Wood Mac: Production not fading with oil prices

Oil lower on U.S. jobs data

Is lignin the crude oil of the future? Maybe so, thanks to the Sun and photocatalysts

Total lands Chinese LNG deal

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