Oil and Gas News

April 21, 2016

Sanctions uncertainty hinders investor return to Iran
Paris (AFP) April 20, 2016
Iran may technically be open to foreign investors after a nuclear deal with Western powers, but many sanctions remain, deterring potential business partners who fear the US could hit them again with punishing fines. In January, the United States and other Western powers lifted sanctions related to Tehran's nuclear programme, mostly on oil exports and financial transactions. But it remains on Washington's sanctions list in other areas, notably for allegedly supporting terrorism and its human righ ... read more

Previous Issues

Apr 20

Apr 19

Apr 18

Apr 17

Apr 16

Australia's Woodside searching for silver lining Australian energy company Woodside said its short-term financial trends were under pressure, but had largely outperformed metrics year-on-year. ... more		Oil output down for U.S. shale company Sanchez U.S. inland oil player Sanchez Energy Corp. said Wednesday its average daily oil production volume was down nearly 10 percent from last year. ... more		Study sank $1.3 bn refinery project with China: Costa Rica Irreconcilable differences over a rejected feasibility study scuppered a $1.3 billion project with China to build an oil refinery, Costa Rica's state-run petroleum distribution group RECOPE said Wednesday. ... more
				Kremlin says it won't politicize Yukos ruling A spokesman for the Kremlin said Wednesday the Russian government won't politicize its victory in a Dutch court in a battle with former Yukos Oil Co. ... more		Another setback for Transocean Rig company Transocean said it was delaying the delivery of two ultra-deepwater drillships to 2020 in an agreement with a shipyard company in Singapore. ... more

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

Oil lower after Kuwaiti strike ends Though Kuwait's government said it may take a few days for output to return to normal, the end of a labor strike there sent crude oil prices lower Wednesday. ... more		New work for struggling field services company Aker Days after hinting at staffing cuts, regional field services company Aker Solutions said it won a contract to help a Norwegian company develop the Barents Sea. ... 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		Eni renews focus on Algerian renewables Renewable energy strategies could help Italian energy company Eni strengthen its portfolio in Algeria, the company's top executive said. ... more
				Washington seeks Gulf special force, naval cooperation The United States is seeking greater special forces and naval cooperation with the Gulf states to counter Iran's "destabilising activities" in the region, a senior American official said. ... more		Kuwait's oil production increasing Though a labor strike in Kuwait is on its third day, a spokesman for the oil ministry said Tuesday output has moved higher to 1.5 million barrels per day. ... 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

Last thing Ecuador needed was quake, after oil bust Oil-producing Ecuador has already taken a big hit from the drop in global crude prices, so the last thing it needed was the devastating earthquake that struck last weekend. ... more		U.S. energy economy diversified, White House says A balanced energy portfolio suggests the U.S. economy won't take any major hits from lingering weakness in the oil sector, a White House spokesman said. ... 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)		Statoil looking to new technology to save costs With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development. ... more
Earthquake may have been manmade, more data needed 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		Kuwaiti strike pulls oil prices higher Oil prices recovered from recent declines on pressure from oil labor strikes in Kuwait, though economic and production pressures pulled on Tuesday's rally. ... more		Russian economist scoffs at Doha oil hype An economist at a Russian development bank said Tuesday any deal among major oil producers last weekend would've been moot because markets are flush with oil. ... more		Chevron builds on Australian gas footprint The Australian subsidiary of Chevron said it reached a deal to sell a good portion of the gas from its Wheatstone project to an area customer starting in 2020. ... more

	Demand, oil prices, create pain at the pump An increase in oil prices, along with refinery slowdowns and higher demand, means U.S. retail prices for gasoline are on the rise, market analysts found. ... more		Crude oil rally lost in Doha's rear-view mirror 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. ... 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

More than a dozen tremors hit Oklahoma		More data needed to assess earthquake hazards in Texas		British shale oil may be ready to boom		North Dakota rig count at historic low		Ecuador energy infrastructure safe
Centrica unloads Norwegian assets		Nanostructures grown on fabric soak up oil spills		ExxonMobil, Rockefellers face off in climate battle		Clinton, Sanders spar over fracking		Vote of confidence for Senegal's oil potential

Fossil fuels could be phased out in ten years

U.S. offshore oil and gas industry under microscope

Goodrich Petroleum files for bankruptcy

Alberta tightens purse strings

Crude oil prices take it on the chin

Life left for oil and gas in Norway, regulator says

Biggest sovereign fund excludes 52 coal-related groups

Kerosene subsidies slow transition to clean energy

BP reviews stability of dividends

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

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