Oil and Gas News

March 08, 2016

Clinton, Sanders both say they're wary of fracking
Flint, MI. (UPI) Mar 7, 2016
Both candidates for the Democratic U.S. presidential nomination said they do not support the drilling practice behind the shale oil and gas boom. Former U.S. Secretary of State Hillary Clinton and Vermont Sen. Bernie Sanders held a debate in Flint, Mich., Sunday night, moderated by CNN. Flint has been plagued by contaminated drinking water since state-appointed emergency managers in 2014 switched the supply to the Flint River, which caused lead to leach out of pipeline infrastructure because of ... read more

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Mar 02

Iranian oil headed to Europe The Iranian Oil Ministry said Monday a tanker of crude oil was on its way to Europe for the first time since sanctions eased after July's nuclear deal. ... more		North Dakota losing more rigs The number of rigs in active service in North Dakota, the No. 2 U.S. oil producer, declined from last week despite the recovery in crude oil markets. ... more		Oil prices up on Chinese optimism China again pushed market momentum, with weekend economic pledges spilling over to Monday and lifting crude oil prices near the $40 per barrel mark. ... more
				U.S. rig count drops 18 percent From January to February, the number of rigs working on exploration and production activities in the United States dropped 18 percent, Baker Hughes reported. ... more		Nigeria breaks up state oil company The state-oil company of Nigeria, burdened by corruption and revenue losses, will be split up into dozens of distinct companies, the petroleum minister said. ... more

S.Sudan oil production pollution threatens thousands: monitors Dangerous heavy metals used in oil production in war-torn South Sudan have leaked into drinking water sources used by 180,000 people with life-threatening health risks, a rights group said Friday. ... more		Build contracts awarded for European gas pipeline A pipeline consortium slated to bring non-Russian natural gas through southern Europe said it awarded contracts for pipeline construction in Greece and Albania. ... 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		Greenpeace: Russia has no appetite to control oil spills Following an oil spill in eastern Russia, Greenpeace said oil companies struggling through a market downturn have no appetite to fix aging pipelines. ... more
				Gazprom gets loan from Bank of China In a first, Russian energy company Gazprom said it secured a five-year loan from the London branch of the Bank of China for more than $2 billion. ... more		Class-action suit filed against Chesapeake, SandRidge Chesapeake Energy and SandRidge energy worked to rig bids and limit competition for oil and gas acreage in Oklahoma, a class-action suit alleges. ... more

Space Tech Expo - Design - Build - Test - Pasadena CA - May 24-26, 2016

Military Network Modernization 2016 - Washington DC - April 25-27

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Oil edges up on production meetings in Moscow Speculation surrounding a Moscow meeting of oil producing nations gave a lift to crude oil prices, capping off a week of broad market volatility. ... more		Board supervisor at OMV steps down A board supervisor at Austrian energy company OMV said he was stepping down now that the foundations are in place for future momentum. ... 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		Oil weakness catching up with Texas Oil price weakness is finally catching up with Texas oil producers and contraction is now expected throughout 2016, an industry economist said. ... more
Woes emerge after Aliso Canyon gas leak stopped After stemming a major methane gas leak, Southern California Gas Co. said the air was clear for residents despite a judge ruling against relocation. ... more		Eni expands capacity in Iraqi oil More capacity was added to operations associated with the Zubair oil and gas field in southern Iraq, Italian energy company Eni said Thursday. ... more		Deloitte brass to help lead Hess Hess Corp., a U.S. company focused on exploration and production, said a former boss at Deloitte was taking charge with chairman Mark Williams standing down. ... more		Iraqi-focused Genel feeling market strains Iraqi oil-focused Genel Energy said that, even though production was up 22 percent from 2014, revenues for the year fell 34 percent on oil price weakness. ... more

	Oil drifts lower again on inventory data Official data on U.S. crude oil inventories showed an increase, adding to supply-side concerns and sending oil prices lower for a second day Thursday. ... more		1,000 barrels of oil spilled in Russia's far east A subsidiary of Russian oil company Rosneft said Thursday about 1,000 barrels of oil were spilled at an oil field on Sakhalin Island in Russia's Far East. ... 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

Oil price rally stumbles on inventory data		Shell faces fresh Nigeria pollution claims in London		Canada's Nexen reducing headcount		Exxon notes flexibility of investments		Tullow Oil may do OK, Moody's says
Russia confirms January oil production freeze proposal		Schlumberger touts streamlining during downturn		Statoil to explore offshore Ireland		Sponge structure key to mopping up oil spills		Statoil taps first well for early phase of Johan Sverdrup

Kremlin mulling privatization options for oil

Commercial potential for British shale oil

British fracking surveys may address tremors

Iraq oil exports and revenue down in February

Texas shows increase in oil production

Oil surges on China stimulus, Saudi cooperation talk

U.S. gas prices spiking

California blowout led to largest US methane release ever

Weil revives helium industry in Saskatchewan

North Dakota rig count holds steady

Woodside names former Shell brass to board

Oil prices up on Saudi market pledge

Genel takes charge on lower Kurdish oil estimate

Gazprom production falters

MEO Australia gets support for Cuban oil program

Oil rebounds on China stimulus move

Potential for Texas LNG export facility building

Oil hopes fade offshore Congo

Oil prices posting heavy gains

Oil spill emergency in Peruvian native communities

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