Oil and Gas News

April 29, 2016

Europe critical of Polish shale gas laws
Brussels (UPI) Apr 28, 2016
The Polish government is referred to the European courts because of the lack of environmental oversight in shale gas drilling, the European Commission said. The European Commission said it was referring Poland to the European Union's Court of Justice for its lack of safeguards against the potential environmental impacts of exploratory drilling. Polish law allows for drilling as deep as 3 miles without assessing the potential environmental impacts ahead of time. "Under EU law, deep drilli ... read more

Previous Issues

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Apr 22

Schlumberger lands another merger Following a string of recent deals, oil field services company Schlumberger announced it agreed to acquire a Calgary-based drilling and services company. ... more		Saudi Arabia Releases Ambitious Plan To Diversify Economy On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course of its history. The "Vision for the Kingdom of Saudi Arabia" could radically transform ... more		Unemployment up in Norway's oil economy The Norwegian government said Thursday the rate of unemployment for men nationwide increased more than a full percentage point as lower oil prices take a toll. ... more
				Groundwater quality changes alongside expansion of hydraulic fracturing New research from The University of Texas at Arlington demonstrates that groundwater quality changes alongside the expansion of horizontal drilling and hydraulic fracturing but also suggests that so ... more		Contamination in North Dakota linked to fracking spills Accidental wastewater spills from unconventional oil production in North Dakota have caused widespread water and soil contamination, a new Duke University study finds. Researchers found high levels ... more

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

Wood Group lands Azeri deal with BP Scottish energy services company Wood Group said it would start work immediately on engineering projects at BP's operations offshore Azerbaijan. ... more		Oil prices mixed to flat on weak U.S. GDP A long rally in crude oil prices faded in early Thursday trading following a string of reports showing lingering weakness in the global economy. ... 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		Tullow lowers spending forecast Africa-focused exploration company Tullow Oil said Thursday it lowered its 2016 spending plans while reporting lower output from a key project offshore Ghana. ... more
				Long-term oil shortfall predicted by Wood Mackenzie Global supply-side pressures could reverse within 20 years as low crude oil prices crimp spending on exploration and production, Wood Mackenzie finds. ... more		U.S. shale oil down, but not out A U.S. congressional researcher said some shale oil companies in the country will rebound as oil prices recover, though output will remain under pressure. ... more

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

Transition from Operations to Decommissioning by Preparing a Safe, Cost-Effective Shut Down and Waste Management Strategy

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 running quickly toward $50 per barrel Oil prices are running toward $50 per barrel, up nearly 60 percent from 2016 lows, as more data surfaces to support a push away from supply side pressures. ... more		NASA Scientists Scrutinize Arctic Gas Flaring Pollution Flaring of waste natural gas from industrial oil fields in the Northern Hemisphere is a potential source of significant amounts of nitrogen dioxide and black carbon to the Arctic, according to a new ... 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 still at center of Libyan conflict With oil again acting as kindling for conflict in Libya, the U.N. mission there reminded all parties to respect the sanctity of the nation's economic lifeline. ... more
Hess producing more despite taking a loss Even as it reported a loss for the first quarter of the year, U.S. energy company Hess Corp. said it was producing more from its U.S. assets than in late 2015. ... more		New oil discovery in Gulf of Mexico Otto Energy Ltd., a company with headquarters in Australia, said it made an oil discovery in the Gulf of Mexico that was productive enough to keep drilling. ... more		Alberta taking climate message to Washington Facing pressure from low oil prices, Alberta's premier said the province is now leading the fight against climate change and taking that message to Washington, D.C. ... more		One oil field a key culprit in global ethane gas increase A single U.S. shale oil field is responsible for much of the past decade's increase in global atmospheric levels of ethane, a gas that can damage air quality and impact climate, according to new stu ... more

	Oil prices up on expectations of market balance Anticipation about the pace of the global economy and expectations Tuesday of a return to balance added more fuel to the fire growing in support of oil prices. ... more		Demand pulling U.S. gasoline prices higher Consumer demand for gasoline is pushing the price at the pump higher for Americans, though it remains low historically speaking, retail analysis finds. ... 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

Locals rule for Tehran energy conference		Gazprom questions price mechanisms for LNG		Stanford maintains investments in fossil fuels		Alberta defends budget against credit downgrade		BP sees balanced market by year's end
Uganda advancing on oil pipeline developments		Some BG Group offices to close		Saudi king sacks utilities minister amid anger over prices		Long oil rally knows no quarter		North Dakota rig count unchanged

Shell tight-lipped on claims it's leaving Gabon

Australian gas market gets monopoly review

Oil spill fears in Italian Riviera port

Schlumberger revenue takes nose dive

Oil prices rise to highest level in 5 months

U.S. gasoline demand soars

New contracts surface for struggling Transocean

Fossil fuels could be phased out worldwide in a decade

Innovative Exeter research pioneers nanotechnology for gas sensing

Economists: Texas handling oil slump well

Austrian energy company OMV sees oil production increase by 1 percent

Oil rally struggles to gain traction

Wood Group notches another North Sea success

Sanctions uncertainty hinders investor return to Iran

Australia's Woodside searching for silver lining

Oil output down for U.S. shale company Sanchez

Study sank $1.3 bn refinery project with China: Costa Rica

Kremlin says it won't politicize Yukos ruling

Another setback for Transocean

Oil lower after Kuwaiti strike ends

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