Oil and Gas News

April 11, 2016

Sweet technique finds cause of sour oil and gas
Houston TX (SPX) Apr 11, 2016
In at least one - and probably many - oil and gas drilling operations, the use of biocides to prevent the souring of hydrocarbons wastes money and creates an unnecessary environmental burden, according to researchers at Rice University. The Rice lab of environmental engineer Pedro Alvarez reported that soured hydrocarbons found in the Bakken Formation underneath the Northwest United States and Canada are caused by primarily geochemical reactions rather than microbial ones; the researchers question ... read more

Previous Issues

Apr 08

Apr 07

Apr 06

Apr 05

Apr 04

More oil, gas layoffs expected, Dallas Fed says Energy companies may start adopting tighter policies as the immediate pressure from lower oil prices increases, a report from the Dallas Federal Reserve said. ... more		Support builds behind Turkmenistan gas pipeline for Pakistan Bringing natural gas through a pipeline from Turkmenistan will help address chronic energy shortages in Pakistan, the Asian Development Bank said. ... more		Oil prices on a tear on strong economic news Improving prospects for the U.S. economy and good grades for European markets help spur one of the strongest rallies of the year for crude oil prices Friday. ... more
				Keystone pipeline spill in South Dakota bigger than originally thought Pipeline company TransCanada said about 400 barrels of oil leaked near the Keystone pipeline in South Dakota, far more than the company originally estimated. ... more		Setback for Tullow for operations offshore Ghana Africa-focused Tullow Oil said it had mechanical issues at a production facility tied to the giant Jubilee oil field offshore Ghana that could curb output. ... more

Human 2 Mars Conference May 17-19 2016 - Washington DC

Canadian energy sector in sharp decline An energy group in Canada said it estimated the two-year spending trends in the oil and gas sector were at their lowest level in more than 60 years. ... more		March rig count down 12 percent The total number of rigs actively exploring for or producing oil or natural gas worldwide declined 12 percent from February levels, Baker Hughes said Thursday. ... more		New U.S.-European Sea Level Satellite Will Help Safeguard Ships at Sea Planet captures first light from Pelican-3 satellite as constellation expands Trump signs memorandum to deploy U.S. National Guard troops to Memphis		EU objecting to new Russian gas capacity Adding on to the Nord Stream natural gas pipeline running from Russia to European shores would impact the regional market significantly, an EU official said. ... more
				Baker Hughes, Halliburton say U.S. conclusion wrong With U.S. government pressure on the merger confirmed, oilfield services companies Baker Hughes and Halliburton said complaints were counterproductive. ... more		Hercules Offshore gets Saudi contract extension A state-run oil company in Saudi Arabia extended the terms of a rig contract through June at the previously agreed day rate, rig company Hercules Offshore 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

Struggling Maersk starts work for North Sea field Danish energy company Maersk Oil, which has struggled during the market downturn, said it started work on a platform slated for a mega North Sea project. ... more		Oil prices falter on OECD slowdown Reports of a minor slowdown in major economies pushed crude oil prices lower Thursday, one day after supply-side indications sparked a major rally. ... more		Beijing company sets new thrust record in rocket engine test China deploys Yaogan 45 satellite on Long March 7A rocket The 10-Point Seasonal HVAC Checklist Every Homeowner Should Follow (and Why Each Item Matters)		Wintershall expects rough year German oil and gas company Wintershall said Thursday it was expecting a steep decline in sales this year as crude oil prices linger at around $40 per barrel. ... more
OMV makes drilling breakthrough in Barents Sea Austrian energy company OMV said it made a breakthrough for the industry with a novel drilling method in the northernmost oil field offshore Norway. ... more		Shale progress needs to continue, API says A rethink of current energy priorities and policies may be necessary to give further momentum to the U.S. shale oil and gas sector, an industry group said. ... more		Positive forces build for crude oil prices Factors ranging from a drop in U.S. crude oil inventories to an increase in China's service sector helped give crude oil prices reason to rally Wednesday. ... more		Islamic State's oil revenues 'slashed' by air strikes: French experts Air strikes targeting oil facilities controlled by the Islamic State group in Syria and Iraq have greatly eroded the jihadists' production capabilities and almost halted exports, French industry experts have told a parliamentary committee. ... more

	Baker Hughes, Halliburton merger under scrutiny Baker Hughes and Halliburton, two energy services companies looking to merge, each offered firm statements of "no comment" on Justice Department pressure. ... more		World Bank: Russia returns to growth next year Russia's economy will continue facing pressure from lower crude oil prices and sanctions, though growth returns by next year, the World Bank said Wednesday. ... more

North Korea declares nuclear statehood 'permanently enshrined'

ArianeGroup to develop next-generation M51.4 missile for French nuclear deterrent

Comtech modem earns first sovereign certification for SES O3b mPOWER network

Setback for Chevron in Australia		Shell sits out Norwegian licensing round		Oil prices lower on IMF's 'not-so-good news'		U.S., Israeli seek expanded energy ties		Wild ride before summer cool off at the gas pump
TransCanada examining potential Keystone leak		Colorado making mixed energy strides		US court approves $20 bn BP oil spill settlement		Oil spill tests on ice prove Arctic quests risky		Iran oil exports surpass 2 million barrels per day: minister

Rethinking induced seismicity

Maersk may shutter North Sea gas fields

Schlumberger, Cameron tie knot

Wood Group lands contract extension for North Sea

North Dakota rig count dips below 30

New Zealand pulls notifications for 2011 oil leak

Russia's Lukoil reports weak net income

Crude oil prices start Monday on a down note

Gazprom focusing efforts on Eastern Europe

Outlook for Chinese energy companies lowered

Iraq PM calls for legal action over oil bribery scandal

Australian company Santos charting new path

Austrian energy company OMV moving closer to Russia

Oil prices back to square one

Maersk Oil to close Houston office

Azerbaijan: U.S. support for gas networks vital

Shell target of Nigerian corruption probe

Report: Libya's oil-based economy ripe for corruption

Statoil steaming ahead with Johan Sverdrup

Hercules Offshore: Few bright spots ahead

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.