Oil and Gas News

April 03, 2016

Azerbaijan: U.S. support for gas networks vital
Washington (UPI) Mar 31, 2016
A natural gas artery aimed at transferring Azeri natural gas to Europe wouldn't have advanced without strong U.S. support, Azerbaijan's president said. U.S. Secretary of State John Kerry hosted Azeri President Ilham Aliyev in the White House to discuss Azerbaijan's key geopolitical influence. Situated at the bridge between East and West, Kerry said the country has a strategic role to play in advancing regional energy security issues. Azerbaijan is rich in natural gas reserves, which Euro ... read more

Previous Issues

Mar 31

Mar 30

Mar 29

Mar 28

Mar 27

Shell target of Nigerian corruption probe Transparency advocates said Royal Dutch Shell and its partners in Nigeria may have exposed shareholders to a high level of risk in a corrupt system. ... more		Report: Libya's oil-based economy ripe for corruption Though the fundamentals of the oil-based economy remain weak, the United Nations and Western leaders expressed support for prosperity in Libya. ... more		Statoil steaming ahead with Johan Sverdrup Norwegian energy company Statoil said Thursday construction on parts of the drilling infrastructure necessary to tap into the giant Johan Sverdrup are underway. ... more
				Hercules Offshore: Few bright spots ahead Prospects for drilling services for oil and gas won't improve without a recovery in crude oil prices, the head of U.S. rig company Hercules Offshore said. ... more		Rosneft boosts profits, cuts debt Russian oil company Rosneft said Thursday its gain in 2015 net profits and the decline in debt meant it was performing well against a weak market backdrop. ... more

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

Oil prices mixed on dual market strains Movement in oil prices in early Thursday trading was influenced positively by bank forecasts, but dampened by supply-side strains brought on in part by Iran. ... more		The Current Oil Price Rally Is Reaching Its Limits Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. But the rally could be reaching its limits, at least temporarily, as persistent oversupply and the prosp ... 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		Fracking linked to most induced earthquakes in Western Canada A survey of a major oil and natural gas-producing region in Western Canada suggests a link between hydraulic fracturing or "fracking" and induced earthquakes in the region, according to a new report ... more
				Gazprom weighing its European options Paris hosted a delegation of Russian energy officials to review French natural gas needs and prospects for pipeline development, Gazprom said. ... more		Exxon defends climate record Charges that Exxon Mobil misled the public about the potential industry impacts on the environment are tainted by political motivations, the company said. ... 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

Eni seizes Moroccan opportunity Italian energy company Eni said Wednesday it took over operations at a frontier area in the deep waters off the coast of Morocco. ... more		Pakistani energy woes impeding growth Addressing chronic energy issues is one of the ways in which Pakistan can ensure its economic growth remains on course, the Asian Development Bank said. ... 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		U.S. stands ready to help diversify Nigeria's economy The United States stands ready to assist Nigeria in diversifying its economy beyond the oil sector, a regional U.S. secretary said from Washington, D.C. ... more
Oil prices recover on U.S. economy, inventory data A soft build in U.S. crude oil stocks was buffered by a report showing domestic well costs have declined, sending oil prices higher early Wednesday. ... more		China oil giant Sinopec posts 30% dive in net profit Chinese energy firm Sinopec said net profit plunged 30 percent last year as it was hit by the collapse in oil prices, which has sent shockwaves through global markets and battered the country's other industry giants. ... more		Energy work ongoing in Atlantic, advocacy group says With seismic testing tied to the oil and gas sector continuing in the Atlantic, an advocacy group called on Washington to make good on clean-energy pledges. ... more		Oil economy of Texas shows mixed success Construction tied to the natural gas and renewable energy sectors helped add to contract values in Texas, a report from the Dallas Federal Reserve found. ... more

	Refinery maintenance pushing gas prices high Ongoing preparation for the processing of a summer blend of gasoline is behind the steady increase in retail gasoline prices, analysis finds. ... more		Oklahoma's governor defends earthquake response Oklahoma's governor defended the state response to the seismic activity attributed to oil and gas development against a federal report on the hazard. ... 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

US lifted the crude oil export ban, and exports went down		BP delivers win to upstream sector		Oil dealt major blow as supply-side strains persist		Russia's Rosneft to increase 2016 investments		Computer simulation discloses new effect of cavitation
Get house in order, World Bank tells Iraq		North Dakota rig activity stabilizing		Court deals blow to Israeli offshore gas deals		Seven million Americans threatened by human-induced quakes		Analysts critique Trump's stance on oil

Oil prices slightly lower on supply-side strains

Russia sees Jordanian interest in LNG

China wades deeper into Australian gas market

Oil giant PetroChina pumps lowest profit since 1999

Few bidders for Gulf of Mexico oil, gas sale

Oil prices fade to below $40 per barrel

Nepal agrees fuel deal with China to curb reliance on India

Rockefeller family lashes out at Exxon Mobil

Credit rating for Italy's Eni downgraded

ExxonMobil, Chevron told to allow investor climate votes

Emirati oil minister to attend April oil production meeting

Iran, Iraq explore non-oil economic ties

U.S. shale gas output increasing

U.S. oil states leading in wind power

Canada retools budget to address oil shocks

Oil falters as widespread strains halt momentum

Emirati rig company Lamprell expecting weakness

Woodside halts Australian LNG project

Russia pulls 10 millionth barrel of oil from Arctic north

Suncor completes acquisition of Canadian Oil Sands

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