Oil News and Gas News
May 12, 2016
OIL AND GAS
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
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OIL AND GAS

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
OIL AND GAS

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 AND GAS

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
OILGASDAILY


OIL AND GAS

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


OIL AND GAS

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

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OIL AND GAS

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
OIL AND GAS

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
24/7 News Coverage
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
OIL AND GAS

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
OIL AND GAS

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
OIL AND GAS

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
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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 AND GAS

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
OIL AND GAS

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
Space News from SpaceDaily.com
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 AND GAS

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
OIL AND GAS

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
OIL AND GAS

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 AND GAS

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 AND GAS

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

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OIL AND GAS

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
OIL AND GAS

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
Military Space News, Nuclear Weapons, Missile Defense
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 AND GAS

Report: Shell evacuates Nigerian facility

OIL AND GAS

Oil rally fades as Canadian fires move east

OIL AND GAS

North Dakota loses two rigs

OIL AND GAS

Iran says it will ship more oil to Italy

OIL AND GAS

Russia's Rosneft ships its first cargo of LNG

OIL AND GAS

Persistent U.S. labor woes drag on oil prices

OIL AND GAS

Chevron knocked offline, Nigerian militant group says

OIL AND GAS

Canada oil output slashed due to Alberta wildfire

OIL AND GAS

Hercules Offshore: Recovery not strong enough

OIL AND GAS

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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