Oil and Gas News

July 08, 2016

Niger Delta Avengers strike Chevron infrastructure
Abuja, Nigeria (UPI) Jul 7, 2016
A Nigerian militant group maintained it was not negotiating a suspension to hostilities with the government, claiming responsibility for an attack on Chevron. The Niger Delta Avengers surfaced early this year, launching a militant campaign against national and international energy companies working in the Niger Delta. The group accuses the government of Nigerian President Muhammadu Buhari of favoring oil and gas interests over the interests of the people in the Niger Delta. In a statemen ... read more

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Jul 02

IEA: Investments in energy down across the board Investments in the energy sector, including investments in a low-carbon future, are down because of lower oil prices, the International Energy Agency said. ... more		Saipem tapped for work in giant gas field offshore Egypt One of the most significant parts of a package of deals worth more than $1.5 billion is for a contract tied to a gas field offshore Egypt, Italy's Saipem said. ... more		Oil rallies on short-term easing in U.S. unemployment Despite underlying economic and supply-side pressures, crude oil prices rallied in early Thursday trading in response to positive U.S. labor news. ... more
				Oil, gas worker strike averted in Norway Strike action that would have impacted production offshore Norway has been averted after a deal was reached on pay rates, a labor union said Thursday. ... more		Genel reviews Kurdish oil output Iraqi-focused oil company Genel Energy said it lowered its outlook for production from one of its key assets in the Kurdish north of the country. ... more

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

House leader fed up with Exxon climate probe Legal force may be needed to compel state attorneys general and environmental groups to clarify their climate charges against Exxon Mobil, a House leader said. ... more		Niger Delta Avengers suspended from Twitter A militant group targeting oil companies in the Niger Delta said its social media account was suspended and observers should be on the lookout for imposters. ... more		Ozone layer 'healing', on track to recover by mid-century: UN How mowing less lets flowers bloom along Austria's 'Green Belt' Oldest practice of smoke-dried mummification traced to Asia Pacific hunter gatherers		Paper: Decline of British oil and gas sector may bring jobs Training in related sectors, and work on decommissioning oil and gas projects could help keep the workforce healthy, a British policy paper said. ... more
				Pennsylvania to get power from shale gas A Houston-based oil and gas company working primarily in U.S. shale basins said it signed a 10-year deal to supply natural gas for a Pennsylvania power plant. ... more		Russian reserve fund may be depleted in 2017 With the Kremlin touting resiliency in the era of lower oil prices, Russia's deputy finance minister said Wednesday the government reserve funds may run dry. ... more

2nd Integrated Air and Missile Defense - Securing the Complex Air Domain: Requirements for Sustainable, Global, and Reliable Solutions to Next Generation Air & Missile Threats - 28-30 September, 2016 | Washington D.C.

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

Oil prices fall sharply for second straight day Supply-side pressures returned for a second straight day to pull oil prices lower Wednesday, with $50 per barrel fading further away from view. ... more		Tullow proposes bonds for African programs Tullow Oil said Wednesday it was proposing a bond offering to help raise new capital for investments in its pioneer basins off the coast of Africa. ... more		Beijing company sets new thrust record in rocket engine test China deploys Yaogan 45 satellite on Long March 7A rocket Kinetica 2 rocket on track for inaugural mission in 2025		Kazakhstan: Tengiz oil a vote of confidence A commitment to expand operations at one of the largest oil fields in Central Asia is a testament to investor confidence, the Kazakh oil minister said. ... more
Oil losses mount as world markets hit by Brexit woe Oil prices fell further in Asian trade Wednesday, tracking losses across equities and currency markets as fresh fears about the impact of Britain's exit from the EU sent investors fleeing high-risk assets. ... more		Venezuela president vows military boost to fight crisis Venezuela's President Nicolas Maduro said Tuesday the country must boost its military might, as he fends off attempts to remove him from office. ... more		Fossil fuels will still dominate U.S. landscape Even with renewable energy consumption at a historic high, fossil fuels are by far the dominant source for U.S. consumption, a federal review found. ... more		Paper: OPEC worked to derail U.S. shale Members of the Organization of Petroleum Exporting Countries altered their behavior to limit the role of U.S. shale oil producers, a Norwegian paper found. ... more

	Holiday, Brexit cloud, pull oil prices lower Light trading ahead of a long U.S. holiday and lingering concerns about the prospects for the British and European economies pulled oil slightly lower Friday. ... more		New oil found in North Sea With the future of the region in question, energy company EnQuest said Friday it confirmed the discovery of oil at a field in the central North Sea. ... more

North Korea declares nuclear statehood 'permanently enshrined'

Iran says enriched nuclear material 'under rubble' of facilities hit during Israel war

ArianeGroup to develop next-generation M51.4 missile for French nuclear deterrent

Gulf Keystone Petroleum: Kurds owe for oil milestone		Gazprom touts legacy		Crimson Pipeline defends track release after Ventura release		Appeals court overturns Canada pipeline approval		Oil prices move lower after hitting 'soft ceiling'
Tullow to get first oil from TEN in weeks		Major discovery declared offshore Guyana		Lundin completes deal for Norwegian oil field		Canada, Mexico review stronger energy ties		Platform construction for Johan Sverdrup underway

Irish company Circle Oil pulls shares from stock exchange

Low oil prices left Alberta with a massive deficit

Azerbaijan on cusp of gas greatness

Nigeria signs billions in oil and gas deals with China

UH researchers discover a new method to boost oil recovery

Gas markets in flux after Mississippi plant explosion

ING: Saudi Aramco's IPO erodes OPEC

Polish gas company still betting on London

Total, Qatar form joint venture for offshore oil

Texas job losses mounting, state analyst says

Wood Group bags another one with Brazilian contract

U.S. retail gas prices holding steady to lower, AAA finds

Oil prices turn higher after Brexit collapse

Legacy projects drive new Canadian oil

Woodside to invest $1.9 billion on oil field

Oil prices move even lower as Brexit concerns mount

North Dakota one of the few states adding rigs

TransCanada files $15 bn suit over US rejection of Keystone pipeline

Gulf Keystone Petroleum gets only partial payment for Iraqi exports

Record travel expected this July 4th, AAA said

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