Oil and Gas News

May 26, 2016

Barium leaches directly from fracked rocks, Dartmouth team finds
Hanover NH (SPX) May 26, 2016
Dartmouth College researchers are shedding light on the early chemical reactions in the organic sediments that would ultimately become the Marcellus Shale, a major source of natural gas and petroleum. The findings appear in the journal Geochimica et Cosmochimica Acta. The research extends an earlier study by the Dartmouth team. Both PDFs are available on request. Water injected into shale formations in hydraulic fracturing returns with extraordinarily high total-dissolved-solids and high concentra ... read more

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May 19

Earthquake insurance latest concern in oil-rich Oklahoma The state government in the shale state of Oklahoma said it was concerned about the lack of competition in the market for earthquake insurance. ... more		Shell cuts more than 2,000 jobs At least 2,200 additional jobs will be trimmed from the payroll as the industry struggles to move through the downturn, a Shell official said from Scotland. ... more		Petronas: Nothing to Russian talks Malaysian energy company Petronas said it was not the target of a sale of its assets or any of its stakes to counterparts in the Russian energy sector. ... more
				ExxonMobil, Chevron investors defeat climate resolutions ExxonMobil and Chevron investors sided with the oil giants on climate change at annual meetings on Wednesday, rejecting shareholder resolutions to push Big Oil in a greener direction. ... more		BP wades deeper into Azeri waters An Azeri energy company said it signed an agreement with BP that was billed as part of a national effort to explore fully all of its reserves offshore. ... more

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

Oil prices making a run at nifty fifty Temporary supply outages left oil spilling out of storage to push oil prices to their highest level of the year Wednesday, running quickly toward $50 per barrel. ... more		Alberta presses carbon levy as fire threat to oil fades As wildfires smoldered in oil-rich areas of the province, Alberta's government said it was proposing a tax regime that would help create a greener economy. ... 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		No recession for Texas, economist says Even though oil prices remain far below their peaks from two years ago, the oil-rich state of Texas is not headed for recession, a state economist said. ... more
				No luck for DNO onshore Oman Norwegian energy company DNO said it was giving up on a program in Oman, which is among the largest oil producers outside of OPEC. ... more		Supply nervousness pulls oil prices higher Supply-side constraints put renewed momentum behind a rally in crude oil prices for Tuesday even as some production returns to ease lingering concerns. ... more

Directed Energy And Next Generation Munitions - 20-22 June - Washington DC

The World's Largest Commercial Drone Conference and Expo - Sept 7-9 - Las Vegas

Regional markets show variability for U.S. gasoline prices Higher fuel production in the western United States and refinery issues in the Midwest make for two different retail scenarios, market analysis finds. ... more		Oil attacks in Nigeria's south hit power, water supply Militant attacks in Nigeria's oil-producing south have caused water supplies to be turned off in the country's commercial hub and biggest city, Lagos, the state government said on Tuesday. ... 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)		IMF loan gives net win for oil-rich Iraq Though a loan agreement with the IMF should help, Iraq will continue to face economic headwinds because of issues in the oil sector, Moody's said. ... more
Baseline sought for British fracking efforts A British geological organization said it was working to set an environmental baseline to serve as a basis for weighing the impacts of hydraulic fracturing. ... more		Shareholders vote climate test for ExxonMobil, Chevron Investors of ExxonMobil and Chevron vote at annual shareholder meetings Wednesday on whether the two oil giants should do more to address climate change following a historic global climate agreement. ... more		Canadian oil sands cleared for re-entry near fire-ravaged Fort McMurray With wildfires in Canada making their way east, provincial authorities in Alberta said the oil-rich parts of the region are cleared for operations. ... more		Supply pressures ease to pull oil prices lower Crude oil prices retreated into negative territory Monday after supply constraints eased in Canada and optimism resurfaced in war-torn, and oil-rich, Libya. ... more

	Statoil cancels Norwegian Sea rig contract Norwegian energy company Statoil said it canceled relocation plans for a drilling rig from Canada to the Norwegian Sea following field delay decisions. ... more		North Dakota rig count low sets new record State data in North Dakota show the number of rigs searching for or producing oil and gas as of Monday broke a record low set more than 10 years ago. ... 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

Win secured for Israeli gas		Eni facilities attacked again in Nigeria		Fire threat to Alberta oil sands easing		Gas-rich Myanmar still under sanctions pressure		Canadian energy direction tested by Trans Mountain pipeline
Oil prices slip as Canada fires ebb		Evacuation lifted for oil sites threatened by Canada fires		Norway oil production 3 percent higher than expected		International concern mounts over Venezuela		Iraqi-focused oil company reviewing debt options

LNG, Asia part of Gazprom's diversification strategy

Company indicted over massive California oil spill

Pipeline company blamed directly for Refugio Beach, Calif., oil spill

Natural gas reserves increase for Myanmar

Texas oil company to restructure

Fires strip away shine of Canada's oil eldorado

Saudi Arabia's economy is slowing

Oil prices turn lower on growth concerns from Europe

Norway opens new Arctic zones to oil exploration

Gazprom confident Nord Stream II will get built

Gazprom trimming plans for eastward pipeline

Venezuela opposition pressures Maduro after protests

Technip, FMC to merge into $13 bln oil services firm

Humans have been causing earthquakes in Texas since the 1920s

Russian researchers developed an ecological method for cleaning lakes from oil

Canada wildfires destroy oil workers' lodge

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

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