Oil and Gas News

March 28, 2016

Emirati oil minister to attend April oil production meeting
Dubai, United Arab Emirates (UPI) Mar 24, 2016
The energy minister from the United Arab Emirates said Thursday his country would participate in an April meeting in Doha to consider oil production levels. Russia and members of the Organization of Petroleum Exporting Countries proposed a meeting in Doha to consider freezing oil production at January levels in an effort to stabilize the market for crude oil. Oil prices rallied last week after Qatari Oil Minister Mohammed al-Sada extended an invitation to Kuwait's oil minister. Slumping ... read more

Previous Issues

Mar 25

Mar 24

Mar 23

Mar 22

Mar 21

Iran, Iraq explore non-oil economic ties The Iranian government aims to boost its non-oil trade relationship with neighboring Iraq, a visiting delegate said during a trade visit to Baghdad. ... more		China wades deeper into Australian gas market Australian energy company Santos said it welcomed a proposed Chinese acquisition of a share in its business, noting the strong regional interest in gas. ... more		Oil giant PetroChina pumps lowest profit since 1999 Chinese oil giant PetroChina has posted its lowest profit since 1999 with the company citing a struggling global economy and slump in international oil prices last year. ... more
				Few bidders for Gulf of Mexico oil, gas sale A lack of interest in new oil and gas acreage for sale in the U.S. waters of the Gulf of Mexico may be indicative of a weak energy market, the government said. ... more		Oil prices fade to below $40 per barrel A build in U.S. crude oil inventories, coupled with a short-term rise in unemployment, added to negative pressure building on oil prices in Thursday trading. ... more

Transition from Operations to Decommissioning by Preparing a Safe, Cost-Effective Shut Down and Waste Management Strategy

Nepal agrees fuel deal with China to curb reliance on India Nepal has secured a deal for China to supply it with fuel, as the energy-starved Himalayan nation seeks to deepen ties with Beijing and reduce its reliance on India. ... more		Rockefeller family lashes out at Exxon Mobil The philanthropic arm of the Rockefeller family said the "morally reprehensible conduct" of Exxon Mobil was in part behind a decision to divest from fossil fuels. ... more		Disaster losses drop in 2025, picture still 'alarming': Munich Re Is China a threat to Greenland as Trump argues? NATO says working on 'next steps' to boost Arctic security		Credit rating for Italy's Eni downgraded Ratings agency Standard & Poor's said it lowered the credit rating for Italian energy company Eni by one notch because of the impact of low oil prices. ... more
				ExxonMobil, Chevron told to allow investor climate votes US regulators have told ExxonMobil and Chevron to permit shareholders to vote on resolutions requiring assessments of how climate change policies might affect them, according to documents released Thursday. ... more		U.S. shale gas output increasing U.S. natural gas production is on the rise, with some reserve areas in the country's Northeast getting more output from fewer wells, an industry report found. ... more

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

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

The World's Largest Commercial Drone Conference and Expo - Sept 7-9 - Las Vegas

Directed Energy And Next Generation Munitions - 20-22 June - Washington DC

U.S. oil states leading in wind power Some of the top oil-producing states in the nation are behind a rise in new electricity generated from wind, the U.S. Energy Information Administration reports. ... more		Canada retools budget to address oil shocks A budget for a Canadian economy under pressure from lower crude oil prices aims to return a sense of optimism for future generations, the finance minister said. ... more		Indian rocket hits snag during launch NASA heavy ion tests confirm Sakura II AI chip for orbital and lunar use Nullspace speeds antenna and radar simulations with new EM software tools		Oil falters as widespread strains halt momentum Doubts over the impact of a proposal to freeze oil production levels, supply-side pressures and lingering security concerns dealt oil prices a blow Wednesday. ... more
Emirati rig company Lamprell expecting weakness Emirati oil rig construction company Lamprell said it was holding up well against the market downturn, but expects full-year 2016 revenue to show a decline. ... more		Woodside halts Australian LNG project Australian energy company Woodside said it was putting a hold on the development of its Browse liquefied natural gas project because of market conditions. ... more		Russia pulls 10 millionth barrel of oil from Arctic north Russian oil company Gazprom Neft said it reached a milestone with production at its Arctic Prirazlomnoye field with its 10 millionth barrel of oil. ... more		Suncor completes acquisition of Canadian Oil Sands Canadian companies Suncor and Canadian Oil Sands Ltd. announced their merger was completed under the terms of a hostile offer launched last year. ... more

	Schlumberger calls for industry rethinking The head of Schlumberger, one of the largest oil and gas services companies in the world, said from New Orleans the industry is in need of a strategic makeover. ... more		Oil prices fall after attacks on Brussels Economic growth concerns added to pressure from attacks on the European capital to push crude oil prices into negative territory in early Tuesday trading. ... more

Trump has options on Iran, but first must define goal

ThinkOrbital raises seed funding to advance orbital defense and construction systems

MPs concerned ahead of UK decision on mega Chinese embassy

U.S. gas prices move toward seasonal high		Oklahoma mourns passing of oil man		Oil trader Vitol 'extremely cautious' about market		Hydrocarbon storage, fracking and lightning risk		Oil and natural gas boom causes methane emissions to increase
OMV shores up position offshore Abu Dhabi		Oil moves higher on Chinese sentiment		Norway's economy down on lower oil prices		North Dakota rig count remains steady		New Zealand offering more oil, gas acreage

Lundin Petroleum secures line of credit

Chevron makes LNG debut for Gorgon project

Finland gets backing for LNG development

DNO optimistic about future in Iraq

Algeria gas plant hit by rocket attack

U.S. gasoline demand spiked in February

Crude oil gains, sets 2016 record

Statoil gas facility in Algeria hit by explosive

TransCanada grabs North American gas portfolio

Transocean frets over market conditions

Statoil and Forum Equity to expand operations to global renewable markets

Oil sticking above $40 per barrel

Gulf Keystone Petroleum mulls rocky road

Canada sees new potential for shale gas

Lower oil prices lead to higher CO2 emissions

Shell, Saudi Aramco split assets

No more Gulf drilling, advocates say

Gazprom Neft expects more oil from Arctic

Almost half of new U.S. oil from fracking

Oil drifts further away from $40 per barrel

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