Oil and Gas News

April 17, 2016

Clinton, Sanders spar over fracking
New York (UPI) Apr 15, 2016
Hillary Clinton said gas from shale is the bridge to a cleaner future, though rival Bernie Sanders said embracing fossil fuels was the wrong policy move. CNN hosted the debate between the former Secretary of State Clinton and Vermont Sen. Sanders in Brooklyn ahead of the state primary. Sanders has called for a ban on hydraulic fracturing, known also as fracking, as part of a push to advance a low-carbon economy. Pressured on the potential loss of jobs, the senator said the consequences of oil a ... read more

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Apr 12

Vote of confidence for Senegal's oil potential A new infusion of cash is a testament to the strength of emerging reserves offshore Senegal at a time when finances are hard to find, FAR Ltd. said Friday. ... more		Fossil fuels could be phased out in ten years Researchers suggest the Earth's fossil fuel addiction could be kicked in less than a decade. ... more		U.S. offshore oil and gas industry under microscope With new offshore rules in place, a U.S. energy group said jobs and safety are at risk, though environmentalists said the BP spill in 2010 was still impactful. ... more
				Goodrich Petroleum files for bankruptcy U.S. energy company Goodrich Petroleum Corp. announced Friday it filed for bankruptcy protection in an effort to erase $400 million in debt. ... more		Alberta tightens purse strings The provincial government of Alberta said it was freezing salaries and dissolving commissions in an effort to address a budget crises sparked by low oil prices. ... more

Crude oil prices take it on the chin Pessimism from the World Bank, coupled with jitters ahead of a weekend meeting for oil producers in Doha, pushed the price of crude oil sharply lower Friday. ... more		Life left for oil and gas in Norway, regulator says 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. ... 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		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

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 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		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)		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		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

	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

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

Shut Keystone down, advocacy group says		Australia's Woodside calls for new industry thinking		Fitch downgrades Saudi Arabia's rating one notch		Oil prices incease, though IMF outlook could erase rally		Marathon Oil unloads more than $1 billion in assets
Retail gasoline prices showing some stability		Gazprom taking long view on LNG		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

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