Oil and Gas News

June 07, 2016

Monitoring pipelines from space
Paris (ESA) Jun 07, 2016
Dutch company Orbital Eye has developed a service that uses satellites to monitor gas and oil pipelines. A major African pipeline operator has already signed up for the service. Worldwide, gas and oil pipelines extend two million km. In most cases, this network is not very deep: just 1.5 m below our feet. Gas pipes in the EU alone stretch 140 000 km, another 40 000 km carry oil and related products. In addition, there are the final distribution lines to our homes and places of work. For pipe ... read more

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May 31

Constructing shale gas sites Extracting gas from shale rock not only causes environmental disturbances below ground, the surface infrastructure required to drill the wells can cause a variety of problems above ground, from frag ... more		Four tremors recorded near Oklahoma shale Four minor earthquakes were reported in and around the shale reserve basins in Oklahoma in the last 24 hours, the U.S. Geological Survey found. ... more		Moody's: Ghana could capitalize on oil and gas The potential for higher oil and gas production in Ghana may help spur economic recovery at a time of mounting debt, Moody's Investors Service said. ... more
				North Dakota lost four rigs from last week North Dakota energy trajectory shifted direction, losing rigs after showing a dramatic increase during the last week in May, state data for Monday show. ... more		US top court rejects Ecuador challenge to $96 mn Chevron award The US Supreme Court on Monday rejected Ecuador's appeal against a $96 million award it has been ordered to pay Chevron in a dispute over the development of oil fields in exchange for cheap domestic crude. ... more

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

Plans evolve for New Zealand reserves MEO Australia Ltd. said it brought on a new joint venture partner for New Zealand reserves that's already focused the bulk of its spending plans on the country. ... more		Hercules Offshore to sell assets in bankruptcy U.S. rig company Hercules Offshore said Monday it was returning to Chapter 11 bankruptcy and now planning to sell off all of its assets. ... 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		Supply outages cause crude oil price spike Global supply outages emerged as contributing factors to a steep spike in crude oil prices Monday, though underlying metrics may point to stability. ... more
				Hydraulic fracturing chemical spills on agricultural land need scrutiny Hydraulic fracturing, a widely used method for extracting oil and gas from otherwise impenetrable shale and rock formations, involves not only underground injections composed mostly of water, but al ... more		Schlumberger adds to portfolio with another acquisition Rig services company Schlumberger said the acquisition of a Houston-based systems company is part of a long-term strategy to build depth of service. ... 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

Russia not surprised by OPEC A move to keep policies more or less in place during Thursday's highly anticipated meeting between OPEC leaders was no surprise, Russia's oil minister said. ... more		U.S. labor data pulls oil prices back from $50 The price of crude bounced back below the $50 mark Friday after the latest figures from the U.S. Labor Department suggested growth may have peaked. ... 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)		Ireland sees interest in offshore reserves The response to the latest offerings for the rights to examine the oil and gas potential off the Irish coast has been significant, the government said. ... more
Platform build evolving for giant Norwegian oil field Norwegian energy company Statoil said it awarded a $72 million contract to build part of the platforms for the giant offshore Johan Sverdrup field. ... more		Niger Delta Avengers claims benevolence A militant group waging war on oil installations in the Niger Delta said they can bring regional production down significantly without bloodshed. ... more		32 troops killed in Niger clash with Boko Haram jihadists Thirty-two troops have been killed in a clash with Boko Haram jihadists on Niger's border with Nigeria, Niger's defence ministry said on Saturday. ... more		Michigan anti-fracking effort stalled As an environmental group prepares to sue the state of Michigan over its anti-fracking effort, the state chamber of commerce said it beat the "fringe" effort. ... more

	Texas economy showing some confidence Though much of the Texas oil economy remains under pressure, a report from the Federal Reserve Bank of Dallas found cautious optimism on the margins. ... more		Helicopter involved in April wreck for Statoil suspended Norwegian energy company Statoil said Thursday a government regulator has banned the use of the type of helicopter involved in a fatal April accident. ... 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

IEA finds new challenges for renewables		Steady OPEC, ECB, pull oil prices lower		Despite oil's recovery, Norway still facing downturn		Nigeria launches clean-up in devastated oil spill region		Nigeria's Buhari cancels trip to restive oil region
IHS: Oil, U.S. leverage may be linked		Iran's oil already factored in, minister says		Canada's Husky Energy making money		Lundin cleared for bigger stake offshore Norway		Chevron wells attacked in Niger Delta

Total returns second Danish shale gas licence

Summer cheap for U.S. drivers, AAA finds

Slow economic growth tugs on oil prices

Russia expects economic growth in a year

Sudan to 'firmly deal' with airspace violations

'Dirty Blizzard' sent 2010 Gulf oil spill pollution to seafloor

Parts of Alberta oil industry returning to normal after wildfire

Putin envisions common Eurasian energy market

Nigeria's president to visit restive oil region

Oil prices wobble as traders await OPEC, China data

Oil prices get modest lift off U.S. income data

UN to track arms flows to South Sudan

North Dakota rig count up more than 10 percent

Norway's CO2 emissions up because of energy work

Cheap commutes in store for Memorial Day travelers

Texas production levels on the rise

Islamic State losing revenue, IHS finds

Maersk adds new rig to its fleet

Goodbye $50: Oil prices fall back to Earth

Nigerian militant group marks Children's Day

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