Oil and Gas News

May 23, 2016

Canadian energy direction tested by Trans Mountain pipeline
Vancouver, British Columbia (UPI) May 20, 2016
Despite a report showing conventional energy could help the regional economy, Vancouver's mayor said a nod for an oil pipeline in the region is a "bad deal." In more than 500 pages, the National Energy Board outlined its recommendations for the expansion of the Trans Mountain oil pipeline, operated by Kinder Morgan. While laying out more than 150 conditions, the NEB's provisional consent decision said there are considerable benefits "nationally, regionally and to some degree locally" that outwe ... read 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)

	Oil prices slip as Canada fires ebb Oil prices slipped on Friday as the forest fires menacing Canada's oil sands region were contained, but the market remained generally firm amid growing expectations of a demand pickup. ... more		Evacuation lifted for oil sites threatened by Canada fires Officials on Sunday lifted the evacuation order for several oil production sites north of Fort McMurray, the city threatened by massive Canadian wildfires, but stopped short of allowing production to resume. ... 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

Previous Issues

May 21

May 20

May 19

May 18

May 17

Norway oil production 3 percent higher than expected As oil prices rise on market balance sentiment, the Norwegian government said oil production in April was 3 percent higher than expected. ... more		International concern mounts over Venezuela International concerns are mounting over the economic and political crisis in Venezuela, where the military on Saturday was holding a second day of exercises ordered by embattled President Nicolas Maduro. ... more		Iraqi-focused oil company reviewing debt options Gulf Keystone Petroleum, a British company focused on Iraqi oil, said it extended an agreement with its lenders until the end of May to consider its debt. ... more
				LNG, Asia part of Gazprom's diversification strategy Delivering more natural gas to expanding Asian economies is a central part of a portfolio diversification scheme, Russian energy company Gazprom 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

Transition from Operations to Decommissioning by Preparing a Safe, Cost-Effective Shut Down and Waste Management Strategy

Pipeline company blamed directly for Refugio Beach, Calif., oil spill Preventable errors on the part of Plains All American Pipeline led to last year's oil spill at a beach in California, the U.S. transportation secretary said. ... more		Natural gas reserves increase for Myanmar Australian energy company Woodside said it raised its reserve estimate for natural gas offshore Myanmar at a time when sanctions pressures are easing. ... 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		Texas oil company to restructure A Texas oil company working in the state shale basins, as well as those in North Dakota, said it was working to eliminate its debt through a restructuring plan. ... more
				Fires strip away shine of Canada's oil eldorado The Western Canadian province of Alberta, in the grip of massive forest fires, was the nation's economic engine before the oil rout. ... more		Saudi Arabia's economy is slowing The economy of Saudi Arabia is expected to slow down noticeably as a result of lower oil prices, though the fiscal policies are adapting, the IMF said Thursday. ... more

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

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 turn lower on growth concerns from Europe Crude oil prices, turning lower following comments from the U.S. Federal Reserve Board, dropped further Thursday amid European concerns of subdued growth. ... more		Norway opens new Arctic zones to oil exploration Norway awarded Arctic drilling licences to 13 oil companies on Wednesday, including in a hitherto unexplored part of the Barents Sea, drawing condemnation from environmental groups. ... 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)		Gazprom confident Nord Stream II will get built Despite regional reservations, Russia's Gazprom said expanding a Baltic Sea gas pipeline would add another layer of reliability for European energy markets. ... more
Gazprom trimming plans for eastward pipeline Russian energy company Gazprom said Thursday it was trimming its construction plans on a natural gas pipeline to the Far East in order to save capital. ... more		Venezuela opposition pressures Maduro after protests Venezuela's opposition on Thursday kept pressure on beleaguered President Nicolas Maduro after protests demanding his ouster amid a mounting political and economic crisis. ... more		Technip, FMC to merge into $13 bln oil services firm Oil and gas services companies Technip of France and the American FMC Technologies said Thursday they have agreed to merge, creating one of the world's top companies in a sector battered by low energy prices. ... more		Canada wildfires destroy oil workers' lodge Growing wildfires threatened Canada's oil sands region on Tuesday, destroying a remote lodge used to house hundreds of industry workers and forcing thousands at other facilities to be evacuated. ... more

Jordan aims to draw investors to energy sector		TransCanada to retool Keystone oil pipeline		Hit the road now, gas price watchers say		Venezuela's army must choose constitution or Maduro: opposition leader		Canadian wildfire flareups force more oil region evacuations
Russia close to privatizing oil company		Shell working on repairs after Gulf of Mexico spill		Oil prices sink on demand pressures		Statoil to help tap Turkish gas		Oil prices move closer to $50 per barrel on supply fears

BP takes stronger role in North Sea gas

North Dakota rig count at lowest since 2005

Canadian oil services start to return

Saudi Arabia's credit rating lowered

Shell: No oil expected to reach shore

Microwaved nanoribbons may bolster oil and gas wells

Russia sees oil market balance in 2017

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

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