Oil and Gas News

May 12, 2016

Radioactive isotopes reveal age of oil and gas wastewater spills
Durham NC (SPX) May 12, 2016
Spills from oil and gas operations can contaminate local water and soil with high levels of toxic chemicals, salts and radioactivity, but in many cases there is insufficient information to determine how long ago the spill occurred and identify its source. A trio of new age-dating methods developed at Duke University can now answer these questions. Tests in soils affected by oil and gas wastewater spills in West Virginia and North Dakota verify that the new methods can determine the age of spills a ... read more

Previous Issues

May 11

May 10

May 09

May 08

May 07

Texas drilling permits down 20 percent The number of oil and natural gas drilling permits issued by Texas regulators in April was lower year-on-year by 20 percent, state data show. ... more		OMV expects rough waters ahead Austrian energy company OMV said it expects the natural gas market in particular to be challenging this year, focusing its sentiment on European strategies. ... more		Oil prices mixed, to slightly lower to start Wednesday Crude oil prices were mixed to start the day Wednesday, with Nigerian oil offline at the same time as North American markets breathe a sigh of relief. ... more
				Lundin Petroleum taking the high road Swedish energy company Lundin Petroleum said there is no doubt the industry is under pressure, but stressed its assets offshore Norway should spur recovery. ... more		Iranian oil may be headed to Europe soon Iranian tankers are expected to start delivering crude oil to port cities feeding the European market in less than a month, a commercial director said. ... more

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

More gas for Eni coming out of Egypt Italian energy company Eni said Wednesday it was able to boost its production at a gas field in Egypt within a year of making the initial discovery. ... more		Canadian oil hub works to restore power, eyes resuming full oil output Crews worked Tuesday to start restoring water and electricity in this Canadian petroleum hub crippled by huge forest fires, as officials said stalled oil production could resume in days. ... more		No picnic: How to survive a bear encounter; as Japan battles spike in attacks COP30: Indigenous peoples vital to humanity's future India mega-zoo in spotlight again over animal acquisitions		Alberta oil spared by fires None of the infrastructure in Alberta, home to some of the largest oil deposits in the world, was damaged by raging wildfires, the government said. ... more
				Canada wildfire a hard hit to economy, oil companies The wildfire raging in Canada is forcing a reduction in oil output at the worst possible time in a country where the energy sector accounts for 10 percent of GDP and thousands have lost their jobs due to low crude prices. ... more		EIA: Nigerian oil sector plagued by risk Nigeria is the largest oil producer in Africa, though it's plagued with risks as much of the industry is in the conflict-prone Niger Delta, analysis finds. ... 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 prices up on lingering threats to production Militancy in the oil-rich Niger Delta and ongoing production outages in Canada helped lift crude oil prices higher in early Tuesday trading. ... more		More oil than thought in Kenya A Canadian oil company with a focus on Africa said an independent survey of its holdings in Kenya led it to increase its reserve estimate by 24 percent. ... more		Closest-ever view of planet-forming disk captured around distant star AI-developed controller directs satellite in pioneering in-orbit maneuver Saturn's icy moon may host a stable ocean fit for life, study finds		Oceana sees imminent end to Arctic drilling With energy companies relinquishing their holdings, advocacy group Oceana said the end may be near for drilling in the Arctic waters offshore Alaska. ... more
Maersk Oil announcing more layoffs Danish energy company Maersk Oil announced it was trimming its payroll in an effort to cut costs in response to the pressure from lower oil prices. ... more		U.S. gasoline prices hold steady Retail gasoline prices in the United States remain relatively stable as markets tilt toward balance, though motor club AAA said that could end come summer. ... more		Oil firms in fire-hit Canada region back to work in coming days at best: premier Oil companies forced to halt production when Fort McMurray was hit by raging forest fires should resume production "in the coming days and short weeks ahead," Alberta Premier Rachel Notley said Tuesday. ... more		Oil companies in Alberta weighing options Canadian energy company Nexen said it was reviewing the fire situation in Alberta, but keeping its facilities shut down until it was able to reach its oil facilities. ... more

	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

New satellite operations centre planned for Germany to support EU constellation

N. Korea warns of more 'offensive action' after latest missile launch

Sudan army says intercepts drone attack on key southern city

Report: Shell evacuates Nigerian facility		Oil rally fades as Canadian fires move east		North Dakota loses two rigs		Iran says it will ship more oil to Italy		Russia's Rosneft ships its first cargo of LNG
Persistent U.S. labor woes drag on oil prices		Chevron knocked offline, Nigerian militant group says		Canada oil output slashed due to Alberta wildfire		Hercules Offshore: Recovery not strong enough		Cheniere Energy looking better after LNG shipments

TransCanada connects to nation's LNG interests

Evacuees find safe haven as wildfires engulf Canada oil region

Canadian fires drive oil prices higher

Marathon Oil sees North American decline

Iran says oil exports near pre-sanctions level

Continental Resources betting on market rebound

ExxonMobil launches venture for low-cost carbon capture

Alberta oil facilities remain under fire threat

Fort McMurray foreign workers may have to leave Canada

U.S. seen as strategic energy partner for Europe

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

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