Oil and Gas News

April 12, 2016

Sending crude oil into space to study Earth's depths
Paris (ESA) Apr 12, 2016
Containers of highly pressurised crude oil will be launched into space from China next week to help improve our knowledge of oil reservoirs buried kilometres underground. The Soret Coefficient in Crude Oil experiment will measure how hydrocarbon molecules redistribute when the temperature is not uniform. Learning how complex liquids behave is of interest to the petroleum industry and academia, who can apply the data to model real-life conditions of oil reservoirs deep underground. These measuremen ... read more

Previous Issues

Apr 11

Apr 08

Apr 07

Apr 06

Apr 05

Woodside extends gas ties with Korea Australian company Woodside Petroleum announced Monday it was extending a strategic partnership with energy-hungry Korea Gas Corp. ... more		More reserves uncovered offshore Senegal Scottish company Cairn Energy said it was maintaining a string of success with the latest discovery of natural gas at an evaluation program offshore Senegal. ... more		Cleanup begins in North Dakota Keystone oil spill Pipeline company TransCanada said clean up operations will continue in South Dakota for several days as it restarts the Keystone oil pipeline after a release. ... more
				Yatsenyuk: Ukraine's energy sector free from Russia Securing energy independence from Russia was among the major accomplishments since civil upheaval, outgoing Ukrainian Prime Minister Arseniy Yatsenyuk said. ... more		Oil streak continues into Monday Oil prices moved higher early Monday on word Kuwait was on board with meetings to consider a production freeze output, though economic data could erase gains. ... more

North Dakota gains a rig With crude oil prices on the rise, state data from North Dakota show the No. 2 oil producer in the United States gained one rig from one week ago. ... more		Statoil clears Johan Sverdrup audit An audit of development plans for the Johan Sverdrup oil field off the Norwegian coast found only relatively minor issues, a regulator said. ... 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		Sweet technique finds cause of sour oil and gas 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, accord ... more
				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

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

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

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		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)		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
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		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		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

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

Oil prices falter on OECD slowdown		Wintershall expects rough year		OMV makes drilling breakthrough in Barents Sea		Shale progress needs to continue, API says		Positive forces build for crude oil prices
Islamic State's oil revenues 'slashed' by air strikes: French experts		Baker Hughes, Halliburton merger under scrutiny		World Bank: Russia returns to growth next year		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

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