Oil and Gas News

June 21, 2016

'New' oil rebels spring from old in Nigeria's delta south
Warri, Nigeria (AFP) June 20, 2016
The Niger Delta Avengers, a militant group that has been attacking Nigeria's oil infrastructure since early this year, is anything but new, according to those familiar with the region. Despite their fresh name, it was only a matter of time before the militants returned to the swamps and creeks of the delta region, the sources said. The "boys" behind years of violence a decade ago surrendered their guns in 2009 when the government introduced an amnesty programme for militants, once described as ... read more

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Jun 15

Rosneft on Putin's agenda in China A contractual arrangement extending possibly to Russian oil company Rosneft may be on the agenda for Russia's president as he heads to China, a report said. ... more		Marathon buys Oklahoma shale player U.S. oil major Marathon said Monday it spent $888 million to acquire a rival that has a strong portfolio in the shale oil basins of Oklahoma. ... more		BP moving fast on Egyptian gas British energy company BP said Monday it was putting a deepwater natural gas project in Egypt on the fast track to development. ... more
				Oil-rich Oklahoma hit by 3.7 tremor A magnitude-3.7 hit central Oklahoma early Monday, the U.S. Geological Survey reported after several similar small tremors rocked the oil-rich state last week. ... more		No change in North Dakota rig count The number of rigs actively working on the shale basins of North Dakota was unchanged from last week despite a major late-week rally in oil prices, data show. ... more

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

Oil rally continues into Monday Crude oil prices shrugged off concerns about the health of the Japanese economy and lingering European woes to carry a streak into a second day Monday. ... more		Hungary's MOL continues streak in Pakistan Hungarian energy company MOL said Friday it made a new discovery of oil and gas in Pakistan, bringing the total there so far to an even dozen. ... more		Half-billion-year-old parasite still threatens shellfish China increases lead in global remote sensing research as US share slips Robots gain guarded acceptance in elderly care if safety and trust align		Houston facing recessionary strains from low oil price Lingering strains for a weak oil economy means the Texas city of Houston may be on the brink of recession, a report from a federal reserve bank said. ... more
				Recession in Russia is more or less over, Putin says Even though oil prices remain low compared with 2014 levels, the Russian economy has adapted and is the path toward growth, the president said. ... more		Giant sinkholes near West Texas oil patch towns are growing Residents of Wink and neighboring Kermit have grown accustomed to the two giant sinkholes that sit between their small West Texas towns. But now radar images taken of the sinkholes by an orbiting sp ... 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

China's Sinopec seeks $5.5 bn in Repsol arbitration Chinese energy firm Sinopec is demanding around $5.5 billion (4.9 billion euros) in arbitration from Spanish energy giant Repsol over a North Sea oil and gas fields joint venture, Repsol said Friday. ... more		Plains gets new order for Refugio oil spill Plains All American must install a range of safety features on the oil pipelines that soiled a California beach before a restart, a U.S. regulator said. ... more		SpaceX to Acquire EchoStar AWS-3 Spectrum Licenses in $2.6 Billion Stock Deal Robotic exosuit designed to assist astronaut movement tested in simulated lunar mission OlmoEarth AI Platform Released to Expand Access to Planetary Data and Insights		Oil snaps seven-session losing streak Crude oil prices moved higher in early Friday trading, though much of that may be a corrective action following a seven-day losing streak. ... more
U.S. consumer demand for gasoline high With gasoline prices still below what they were last year, U.S. consumer demand moved higher by about 2 percent, an industry report said. ... more		Norway's oil production declines from April Crude oil production from Norway came in lower in May than for April, but was still up 2 percent year-on-year, government data released Friday show. ... more		Ukraine gas networks costly, Gazprom says It will be less expensive for Russian natural gas to move through a pipeline system in the Baltic Sea than through Ukraine, a Gazprom official said. ... more		Niger Delta Avengers bombs another pipeline The assault on oil installations in the Niger Delta continued Thursday with a group taking credit for blowing up a pipeline run by a national oil company. ... more

	Iran to build oil terminal with China A $550 million contract with a Chinese partner envisions the construction of a new oil loading terminal in the Persian Gulf, Iranian media reported. ... more		North Dakota oil output falls 6 percent The decline in crude oil prices is the primary reason that production from North Dakota shale basins fell 6 percent, a state regulator said. ... more

China's new aircraft carrier enters service in key move to modernise fleet

Global tech tensions overshadow Web Summit's AI and robots

Senate Republicans defeat bill requiring Congress to approve attacking Venezuela

Canadian gas exports expected to drop		Devon Energy sells Texas assets to boost production		Oil prices continue steady drift away from $50		UK law firm faces payout over missing Trafigura compensation		Climate consequences of oil price uncertainty could be significant
Oklahoma's economy pressured, but holding steady		U.S. cuts in response to low oil to be the deepest		Opposition to British fracking plans swells		Rosneft says it's bigger than Gazprom		Oil prices take a beating

Conoco given protection order after Alberta release

Oil prices move lower even as demand pressures mount

U.S. pipeline law heads to Obama's desk

Midwest gas prices pull national average higher

Iran boasts of post-sanctions oil performance

Gulf Keystone lender relief extended again

Nigerian oil production at historic low

Rigs returning to service in North Dakota

Norway's oil economy down, but not out

Balance, Brexit concerns drag on oil prices

Scotland to fund retraining for unemployed energy workers

Iran confirms oil shipment for Shell

Jobs losses mount for British oil and gas

Attacks hit one of Nigeria's main oil pipelines

Russia sees economic growth as "imminent"

European woes dampen rally for oil prices

Russian LNG gets financial support

Alberta mounts low-carbon offensive

BP creates Norwegian oil, gas major

House moves bill to ensure oil, gas pipeline safety

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