Oil and Gas News

May 09, 2016

Oil-eating bacteria came to the rescue after BP spill
Paris (AFP) May 9, 2016
Microscopic bacteria played a crucial role in the cleanup of the devastating 2010 BP Gulf of Mexico oil spill, scientists who decoded the genomes of the oil-eating organisms reported Monday. The findings published in the Nature Microbiology journal suggest that certain bacteria have far greater potential for containing chemical pollution in the ocean than previously thought. An explosion on the Deepwater Horizon oil rig in 2010 killed 11 men off the coast of Louisiana and caused 134 million gall ... read more

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May 04

Romania seizes KazMunaiGaz refinery in tax probe Romanian prosecutors said Monday they had seized a refinery held by Kazakhstan's KazMunaiGaz, which recently came under Chinese control, in a tax fraud probe. ... more		Battle against Canada inferno turns to oil sites, infrastructure Firefighters battled Monday to protect oil installations in Canada's wildfire-ravaged city of Fort McMurray, capital of the country's oil sands region, as rain and cooling temperatures slow the spread of the blaze. ... more		Report: Shell evacuates Nigerian facility Nigerian media reported Monday a group calling itself the Niger Delta Avengers forced the evacuation of facilities in the area operated by Royal Dutch Shell. ... more
				Oil rally fades as Canadian fires move east A rally in oil prices subsided Monday as Canadian wildfires moved away from key production facilities in Alberta, home to some of the world's larger oil fields. ... more		North Dakota loses two rigs The number of rigs operating in North Dakota was down two from the previous week and nearly 70 percent below this time last year, state data show. ... more

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

Iran says it will ship more oil to Italy Iran's deputy oil minister claimed a deal was made with an Italian refining company for the delivery of around 65,000 barrels of oil per day. ... more		Canada oil output slashed due to Alberta wildfire The Alberta forest fire has forced Canadian oil producers to slash output by one million barrels a day, dealing a fresh blow to the oil-dependent economy, analysts said Friday. ... 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		TransCanada connects to nation's LNG interests The last permits necessary to build a natural gas pipeline project servicing the western port of Kitimat in British Columbia has been secured, TransCanada said. ... more
				Russia's Rosneft ships its first cargo of LNG For the first time in its history, Russian energy company Rosneft said Friday it delivered a shipment of liquefied natural gas to an Egyptian customer. ... more		Persistent U.S. labor woes drag on oil prices Lower employment gains in the United States caught up with other market factors Friday to push the price of crude oil lower in early trading. ... 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

Chevron knocked offline, Nigerian militant group says As of now, Chevron's operations in the Niger Delta are completely offline following attacks on its facilities, a militant group proclaimed. ... more		Hercules Offshore: Recovery not strong enough The recovery in crude oil prices since the 2016 low point hasn't been enough to translate to improved business conditions, the head of Hercules Offshore 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)		Cheniere Energy looking better after LNG shipments After commissioning its first shipment of liquefied natural gas from a U.S. port, Cheniere Energy Partners said losses during the first quarter have dwindled. ... more
Fort McMurray foreign workers may have to leave Canada Jonathan Infante fled for his life from wildfires ravaging Canada's remote Athabasca oil-producing region, and now he and other migrant workers face the grim prospect of having to altogether leave Canada. ... more		U.S. seen as strategic energy partner for Europe The United States has an important role to play in adding diversity to a European energy sector that depends heavily on Russia, a joint regional committee said. ... more		Evacuees find safe haven as wildfires engulf Canada oil region Sitting on the tailgate of his truck, strumming his guitar, the only item that he was able to salvage in a hurried evacuation of Fort McMurray as wildfires raged closer to the Canadian oil city, Alan Javierto says: "I just want to go home." ... more		Canadian fires drive oil prices higher Wildfires raging in the oil-rich Canadian province of Alberta overwhelmed supply-side data and U.S. employment figures, pushing oil higher early Thursday. ... more

	Marathon Oil sees North American decline Marathon Oil Corp. said its first quarter production was in line with its expectations, though downside risks may evolve from North American operations. ... more		Iran says oil exports near pre-sanctions level Iranian oil exports may have reached a level on par with the average volume from before nuclear-related sanctions were enacted, a minister said Thursday. ... 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

Continental Resources betting on market rebound		ExxonMobil launches venture for low-cost carbon capture		Alberta oil facilities remain under fire threat		U.S. shale oil still facing pressure		OMV signs agreement with Iranian counterpart
Why China Is Really Dictating the Oil Supply Glut		Noble Energy sells off Colorado shale holdings		Shell still working to navigate weak market		ENGIE shakes up staff to adapt to new market		Oil prices recover after two straight days of loss

DNO gets boost from Kurdish oil exports

Encana cutting costs with little impact on output

BP hands out more contracts for Azeri gas project

Local fracking bans struck down in Colorado

Slowing China pushes oil prices lower

Gas prices at six-month highs

Statoil increases hold over Lundin Petroleum

Russia's Central Bank keeps rates unchanged

PetroChina posts first quarterly loss since listing

Statoil in mourning after last week's helicopter crash

Oil prices start May in the red

Lundin touts green footprint ahead of earnings report

South Korea, Iran eye oil and gas deals

Enbridge weighing its options

US top court rejects BP shareholder suit over stock price plunge

Halliburton, Baker Hughes merger scrubbed

North Dakota showing little rig movement

Crude oil rally knows no limit

Oil opposition grows on both U.S. shores

Gulf Keystone Petroleum mulling debt

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