Oil and Gas News

June 22, 2016

Report: Truce brokered in Nigeria oil fields
Abuja, Nigeria (UPI) Jun 21, 2016
Nigerian media reported Tuesday the central government has brokered a 30-day truce with militants waging war on oil installations in the Niger Delta. The Niger Delta Avengers surfaced in late spring to declare war on national and international oil companies working in the Niger Delta region. Complaining the government is putting oil interests over the interests of the people in the region, the group last claimed responsibility for an attack on an oil pipeline in the region June 15. Niger ... read more

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One dead in North Dakota oil well accident One person is dead and two others are in critical condition following a fire at an oil installation at the heart of shale basins in North Dakota, a regulator said. ... more		Scientists moot 'green fracking' technique Adding CO2 instead of water to the cocktail used in fracking, could boost oil and gas extraction and help fight global warming at the same time, scientists said Tuesday. ... more		Colorado's economy okay, but under energy pressures Though budget forecasts are lower than initial projections, Colorado's governor said the revenue stream was strong considering the strains on the energy sector. ... more
				Offshore Egypt a win for Schlumberger With pressure on the sector easing, a subsidiary of field services company Schlumberger said it secured a multi-million dollar contract for offshore Egypt. ... more		Nigerian truce sends oil prices lower Crude oil prices turned lower early Tuesday following a truce brokered with Nigerian oil bandits, amid pleas from the British prime minister to stay in the EU. ... more

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

U.S. gas prices relatively low and stable With short-term supply disruptions easing, U.S. commuters this summer can expect some of the lowest gas prices in more than a decade, AAA said. ... more		'New' oil rebels spring from old in Nigeria's delta south 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. ... 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		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

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

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		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 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		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

	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

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

Oil snaps seven-session losing streak		U.S. consumer demand for gasoline high		Norway's oil production declines from April		Ukraine gas networks costly, Gazprom says		Niger Delta Avengers bombs another pipeline
Iran to build oil terminal with China		North Dakota oil output falls 6 percent		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

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