Oil and Gas News

April 19, 2016

Crude oil rally lost in Doha's rear-view mirror
Washington (UPI) Apr 18, 2016
Crude oil prices were sharply lower Monday, a day after a production meeting collapsed in Doha, but movement was buffered somewhat by Kuwaiti labor strikes. Crude oil prices in overnight trading were off by as much as 7 percent after a long-anticipated meeting in Doha ended Sunday without a deal to freeze production. Rumors of a deal to keep output at January levels helped drive oil prices back above the $40 per barrel mark, though doubts of an agreement started surfacing last week. Ann- ... read more

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Apr 14

More than a dozen tremors hit Oklahoma Even with action taken to control human-induced seismic events tied to oil and gas, the USGS reported more than a dozen minor quakes in Oklahoma in a week. ... more		More data needed to assess earthquake hazards in Texas The most comprehensive analysis to date of a series of earthquakes that included a 4.8 magnitude event in East Texas in 2012 has found it plausible that the earthquakes were caused by wastewater inj ... more		British shale oil may be ready to boom The so-called Gatwick Gusher, a shale basin in the United Kingdom, could add as much as $74 billion to the nation's economy, a study finds. ... more
				North Dakota rig count at historic low At 29, the rig count in North Dakota, the No. 2 oil producer in the United States, is at its lowest level in more than a decade, state data show. ... more		Ecuador energy infrastructure safe Despite the devastation from a magnitude-7.8 earthquake, Ecuador's government said that most of its energy infrastructure was spared major damage. ... more

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

Centrica unloads Norwegian assets A Norwegian subsidiary of British energy company Centrica said it unloaded some of its assets in Norwegian waters following a portfolio review. ... more		Nanostructures grown on fabric soak up oil spills A superhydrophobic fabric that attracts oil, being developed by researchers in Australia, may one day be a household cleaning product. As of now, it's a prototype with great promise. ... 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		ExxonMobil, Rockefellers face off in climate battle US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders alleging it hid what it knew about the effects of fossil fuels on climate change. ... more
				Clinton, Sanders spar over fracking 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. ... more		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

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

Military Network Modernization 2016 - Washington DC - April 25-27

Space Tech Expo - Design - Build - Test - Pasadena CA - May 24-26, 2016

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		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)		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		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

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 edge higher on mixed market signals		Climate claims pile up on U.S. energy industry's door		Oil finances nearly severed for Islamic State		Gulf of Mexico a short-term bright spot for oil		Senegal oil reserve estimate moved higher
Oil and gas wastewater disposal may harm West Virginia waterways		OPEC demand forecast drags oil prices lower		New oil coming from North Sea		High-stakes oil and gas vote has Italy in a tizz		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

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