Oil and Gas News

May 13, 2016

British Columbia may reap rewards from gas
Calgary, Alberta (UPI) May 12, 2016
Natural gas growth means the provincial economy in British Columbia outpaces the rest of Canada, through the market carries risk, a national report said. The NEB published its 2016 outlook for provincial and territorial energy trends, finding British Columbia is projected to gain the most from an emerging market for natural gas. Canada relies heavily on the North American market for exports. With Asian economic growth outpacing that of North America, the government is keen on tapping int ... read more

Previous Issues

May 12

May 11

May 10

May 09

May 08

More oil services back online in fire-ravaged Canada More facilities were returning to normal in the Fort McMurray area of Alberta, with Enbridge the latest to return some infrastructure to regular service. ... more		Wintershall ready to start drilling A subsidiary of German oil and gas producer Wintershall said it awarded a contract to Halliburton for work in the Norwegian Sea, describing it as a market booster. ... more		No call to sit with OPEC in June, Russia says There's been no invitation extended to the Russian government to attend next month's summit of members of OPEC, Russia's energy minister said. ... more
				Oil prices rally on return of market balance Data showing strong gains in global demand and a year-on-year slowdown in growth in oil production led to a rally in crude oil prices in early Thursday trading. ... more		Nigerian militant group issues manifesto A militant group in Nigeria calling itself the Niger Delta Avengers issued a warning Thursday to oil companies, saying their campaign has just begun. ... more

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

Radioactive isotopes reveal age of oil and gas wastewater spills 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 ... more		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		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		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

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

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		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		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)		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
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		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		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

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

Maersk Oil announcing more layoffs		U.S. gasoline prices hold steady		Oil firms in fire-hit Canada region back to work in coming days at best: premier		Oil companies in Alberta weighing options		Romania seizes KazMunaiGaz refinery in tax probe
Battle against Canada inferno turns to oil sites, infrastructure		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

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