Oil and Gas News

May 18, 2016

Humans have been causing earthquakes in Texas since the 1920s
San Francisco CA (SPX) May 18, 2016
Earthquakes triggered by human activity have been happening in Texas since at least 1925, and they have been widespread throughout the state ever since, according to a new historical review of the evidence published online May 18 in Seismological Research Letters. The earthquakes are caused by oil and gas operations, but the specific production techniques behind these quakes have differed over the decades, according to Cliff Frohlich, the study's lead author and senior research scientist and assoc ... read more

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Russian researchers developed an ecological method for cleaning lakes from oil The oil cleansing method was developed by TSU researchers and it is optimal for lake ecosystems. The experiment proved that the content of oil in water reduced in 35-40 times. Date of the research w ... more		Jordan aims to draw investors to energy sector The Jordanian government is putting a high priority on drawing investors into its emerging energy sector, the country's prime minister said. ... more		TransCanada to retool Keystone oil pipeline Pipeline company TransCanada said it aims to replace sections of the Keystone oil pipeline in the United States so it can operate at a higher pressure. ... more
				Hit the road now, gas price watchers say U.S. retail gasoline prices have been relatively stable against an increase in oil prices, but are likely set for a rally in the coming days, analysis finds. ... more		Venezuela's army must choose constitution or Maduro: opposition leader The army in crisis-hit Venezuela has to choose whether it is "with the constitution or with (President Nicolas) Maduro," opposition leader Henrique Capriles said Tuesday. ... more

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

Canadian wildfire flareups force more oil region evacuations Wildfires continued their devastating advance on Tuesday, leading authorities to order more evacuations in Canada's oil sands region surrounding the city of Fort McMurray. ... more		Russia close to privatizing oil company The privatization of Russian oil company Bashneft may be developing as early as the first part of this year, a development minister said. ... more		HawkEye 360 boosts RF coverage with new Cluster 13 satellites Slow orbital wobble patterns drive ancient greenhouse climate swings Ordovician mass extinction cleared the way for jawed fishes to rise		Shell working on repairs after Gulf of Mexico spill A fleet of vessels was deployed in the U.S. Gulf of Mexico and repair work is underway in response to the spill of 2,100 barrels of oil, Shell said. ... more
				Company indicted over massive California oil spill A pipeline company has been indicted on criminal charges over a massive California oil spill last year that forced the shutdown of beaches and killed hundreds of animals, authorities said on Tuesday. ... more		Oil prices sink on demand pressures Crude oil prices moved lower in early Tuesday trading after U.S. data showed the consumer price index increased at its fastest pace in more than three years. ... 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

Statoil to help tap Turkish gas Norwegian energy company Statoil said Monday it signed an agreement with a Canadian exploration company to help explore the shale gas potential in Turkey. ... more		Oil prices move closer to $50 per barrel on supply fears Simmering concerns about supply shortages across the global energy market pushed crude oil prices sharply higher in early Monday trading. ... more		PH-1 test flight advances Chinese reusable suborbital spacecraft plans Tiny Mars' big impact on Earth's climate Ancient deltas reveal vast Martian ocean across northern hemisphere		BP takes stronger role in North Sea gas BP said Monday it was doubling its stake in the Culzean gas field in the North Sea, which is expected to have enough gas to meet 5 percent of British demand. ... more
North Dakota rig count at lowest since 2005 At 27, the number of rigs actively exploring for or producing oil or natural gas in North Dakota is the lowest it's been in more than a decade, state data show. ... more		Canadian oil services start to return Employees are on the ground in and around the Fort McMurray area of Alberta to start bringing oil sands operations online, companies said Monday. ... more		Saudi Arabia's credit rating lowered While strong when compared with other sovereign credit ratings, Saudi Arabia's fiscal health remains under threat from low oil prices, Moody's said. ... more		Shell: No oil expected to reach shore Recovery is ongoing and oil spilled from the Glider field in the U.S. waters of the Gulf of Mexico is moving west with no shoreline impact expected, Shell said. ... more

	Microwaved nanoribbons may bolster oil and gas wells Wellbores drilled to extract oil and gas can be dramatically reinforced with a small amount of modified graphene nanoribbons added to a polymer and microwaved, according to Rice University researche ... more		Russia sees oil market balance in 2017 Barring any compromise among OPEC members or a serious degradation in Middle East security, oil markets won't balance until next year, Russian analysis finds. ... more

Eutelsat orders 340 new OneWeb LEO satellites from Airbus

Planet secures multi year satellite contract with Swedish Armed Forces

EU should consider forming combined military force: defence chief

OPEC: Energy industry spending to decline		US unveils first federal methane regulations		Seven dead in raid on Iraqi gas plant claimed by IS		Canada's oil production weakened by Fort McMurray fire		Oil prices fall on oversupply concerns
North Dakota oil production drops		More than 2,000 barrels of oil spilled in Gulf of Mexico		British Columbia may reap rewards from gas		More oil services back online in fire-ravaged Canada		Wintershall ready to start drilling

No call to sit with OPEC in June, Russia says

Oil prices rally on return of market balance

Nigerian militant group issues manifesto

Radioactive isotopes reveal age of oil and gas wastewater spills

Oil-eating bacteria came to the rescue after BP spill

Texas drilling permits down 20 percent

OMV expects rough waters ahead

Oil prices mixed, to slightly lower to start Wednesday

Lundin Petroleum taking the high road

Iranian oil may be headed to Europe soon

More gas for Eni coming out of Egypt

Canadian oil hub works to restore power, eyes resuming full oil output

Alberta oil spared by fires

Canada wildfire a hard hit to economy, oil companies

EIA: Nigerian oil sector plagued by risk

Oil prices up on lingering threats to production

More oil than thought in Kenya

Oceana sees imminent end to Arctic drilling

Maersk Oil announcing more layoffs

U.S. gasoline prices hold steady

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