Oil and Gas News

April 15, 2016

Life left for oil and gas in Norway, regulator says
Oslo, Norway (UPI) Apr 14, 2016
The Norwegian government said it was placing an emphasis on the long view for the potential for offshore oil and gas production during the market downturn. "The oil and gas industry is currently experiencing a period characterized by low oil prices and considerable challenges," the Norwegian Petroleum Directorate said in a statement. "This means it is important to have a long-term perspective." Data gathered by Statistics Norway, the government's record-keeping agency, found total invest ... read more

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Biggest sovereign fund excludes 52 coal-related groups Norway's sovereign wealth fund, the world's biggest, has excluded 52 coal-related companies in line with new ethical guidelines barring it from investing in such groups, Norway's central bank said Thursday. ... more		Kerosene subsidies slow transition to clean energy Billions of people around the world rely on polluting and inefficient kerosene lamps for household lighting. Yet transitioning away from kerosene and reducing the associated impacts is more complica ... more		BP reviews stability of dividends British energy company BP said it expected the oil market to be on the road to recovery, but maintained it was keeping a close eye on its financial framework. ... more
				Oil prices edge higher on mixed market signals Modest improvements in the European economy balanced against sentiments on market trajectory from the IEA, giving oil prices a slight lift early Thursday. ... more		Climate claims pile up on U.S. energy industry's door The U.S. oil and gas industry was working as early as the 1940s to spin the narrative on the role fossil fuels influenced the climate, a report finds. ... more

Oil finances nearly severed for Islamic State Thousands of airstrikes against Islamic State targets in Iraq and Syria have curbed the group's ability to fund operations through oil, the White House said. ... more		Gulf of Mexico a short-term bright spot for oil The U.S. Gulf of Mexico may return as the primary source of additions to crude oil production as onshore production fades, a federal report finds. ... more		Solar-driven ionosphere charges may nudge stressed faults toward rupture Stable black carbon in mangrove soils boosts coastal climate role Low crystallinity iron minerals show promise for chromium cleanup and carbon storage		Senegal oil reserve estimate moved higher An oil field offshore Senegal may be viewed as a world-class reservoir following an update to the reserve estimate, Australia-based explorer FAR Ltd. said. ... more
				Oil and gas wastewater disposal may harm West Virginia waterways Unconventional oil and gas (UOG) operations combine directional drilling and hydraulic fracturing, or "fracking," to release natural gas and oil from underground rock. Recent studies have centered o ... more		OPEC demand forecast drags oil prices lower A three-day rally for crude oil prices came to an end Wednesday after OPEC said in its monthly report for April that demand was expected to falter. ... 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

New oil coming from North Sea The first volumes of oil are flowing from a well at the Solan field in the North Sea, which should reach steady production rates yet this year, Premier Oil said. ... more		High-stakes oil and gas vote has Italy in a tizz An offshore platform a stone's throw from Dante's beach on Italy's Adriatic coast has become the focus of a politically charged national referendum on the country's oil and gas drilling concessions. ... more		A Plan B for space? On the risks of concentrating national space power in private hands GMV to deliver new UK launch monitoring algorithms for NSpOC PLD Space lands 180m euro boost to advance global launch services		Shut Keystone down, advocacy group says An advocacy group in Nebraska said it was calling on U.S. regulators to shut down the Keystone oil pipeline following a spill from TransCanada's system. ... more
Australia's Woodside calls for new industry thinking The head of one of the largest players in the Australian liquefied natural gas business said the industry as a whole needs to adapt to a new market environment. ... more		Fitch downgrades Saudi Arabia's rating one notch Assumptions about the mid-term trajectory for crude oil prices means the economy of Saudi Arabia may face significant pressures, Fitch Ratings said Tuesday. ... more		Oil prices incease, though IMF outlook could erase rally Anticipation over a weekend meeting in Doha on a possible oil production freeze overshadowed a subdued IMF report, giving oil prices a lift early Tuesday. ... more		Marathon Oil unloads more than $1 billion in assets U.S. energy company Marathon Oil Corp. said new agreements put the total value of divestments at more than $1 billion since last year. ... more

	Retail gasoline prices showing some stability A high level of supplies on the U.S. market helped push retail gasoline prices lower despite a rally in crude oil prices, motor club AAA reported. ... more		Gazprom taking long view on LNG Taking a long view on the global market, Russian energy company Gazprom said it selected St. Petersburg as the 2022 host of a liquefied natural gas summit. ... more

Sidekick autonomy software guides YFQ-42A test mission for CCA program

Infleqtion lists shares on NYSE as neutral atom quantum firm

Top Chinese gaming companies continue to challenge

DNO says Kurdish oil exports up		Gazprom Neft boosts reserve estimate		Sending crude oil into space to study Earth's depths		Woodside extends gas ties with Korea		More reserves uncovered offshore Senegal
Cleanup begins in North Dakota Keystone oil spill		Yatsenyuk: Ukraine's energy sector free from Russia		Oil streak continues into Monday		North Dakota gains a rig		Statoil clears Johan Sverdrup audit

Sweet technique finds cause of sour oil and gas

More oil, gas layoffs expected, Dallas Fed says

Support builds behind Turkmenistan gas pipeline for Pakistan

Oil prices on a tear on strong economic news

Keystone pipeline spill in South Dakota bigger than originally thought

Setback for Tullow for operations offshore Ghana

Canadian energy sector in sharp decline

March rig count down 12 percent

EU objecting to new Russian gas capacity

Baker Hughes, Halliburton say U.S. conclusion wrong

Hercules Offshore gets Saudi contract extension

Struggling Maersk starts work for North Sea field

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

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