Oil and Gas News

July 15, 2016

Kremlin: Some oil privatization by year's end
Moscow (UPI) Jul 11, 2016
Privatization of Russian oil production and maritime shipping companies could be completed before the end of the year, a deputy minister said Monday. The Kremlin has been reviewing privatization options as the Russian economy risks lingering in recession because of the strains brought on by Western sanctions and low crude oil prices. Privatizing state oil company Rosneft could bring in up to $6.5 billion to a federal budget struggling under the strains of lower crude oil prices. Russian ... read more

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Jul 11

Jul 09

Oil prices inch barely into the black on bullish outlook A positive forecast for market trajectory helped lift crude oil prices in early trading Monday after a weak start, though underlying conditions remain negative. ... more		North Dakota adding more rigs The number of rigs actively exploring for or producing oil and natural gas in North Dakota is rising, state data show, despite a slump in oil prices. ... more		No luck for Tullow south of Johan Sverdrup A well drilled about 20 miles from the Johan Sverdrup oil field, the fifth largest discovered off the Norwegian coast, came up empty, a regional authority said. ... more
				Iran expecting revenue influx from oil The Iranian government expects to bring in at least $40 billion in investments per year to an opening oil industry, a deputy trade official said. ... more		Energy could be included in Canada-Ukraine trade deal Energy ties have the potential to strengthen under a newly-minted trade agreement between Canada and Ukraine, ministers said Monday. ... more

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

Oil services firm Swiber wades into Qatari waters Singapore-based oilfield services company Swiber Holdings said Friday it scored a win with its first offshore pipeline project contract in Qatar. ... more		Gazprom introduces oil spill technology Russian energy company Gazprom said it's developed a new biological agent that can help degrade oil spills and is effective in a range of climates. ... 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		U.S. rig count up, Baker Hughes finds Globally, the number of rigs actively exploring for or producing oil or natural gas is down from May, though U.S. activity is rebounding, Baker Hughes reports. ... more
				Scotland: Oil, gas keys in London's hands While Scotland is confident about the wealth left in the North Sea, it's London that holds sway over the oil and gas sector, a Cabinet secretary said. ... more		Oil prices get lift from Nigerian pipeline attack Instability in Nigeria and bargain hunting in the wake of a collapse in the previous session help push oil higher Friday, though the rally may be short lived. ... 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

Australian oil company appoints Cuban director After showing the potential for significant oil production in Cuba, MEO Australia Ltd. said it was now appointing a country director to Havana. ... more		Venezuela opposition asks for Vatican mediation Venezuela's opposition coalition on Thursday called for the Vatican to join an international mediation effort with the government, but said it would not back down on a recall referendum against President Nicolas Maduro. ... 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		Eni confirms attack on Nigerian pipeline Italian energy company Eni confirmed Friday that it was the target of sabotage in the Niger Delta, with a minor impact on its equity production. ... more
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		Niger Delta Avengers strike Chevron infrastructure A Nigerian militant group maintained it was not negotiating a suspension to hostilities with the government, claiming responsibility for an attack on Chevron. ... 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

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

House leader fed up with Exxon climate probe		Oil prices fall sharply for second straight day		Tullow proposes bonds for African programs		Kazakhstan: Tengiz oil a vote of confidence		Oil losses mount as world markets hit by Brexit woe
Niger Delta Avengers suspended from Twitter		Paper: Decline of British oil and gas sector may bring jobs		Pennsylvania to get power from shale gas		Russian reserve fund may be depleted in 2017		Venezuela president vows military boost to fight crisis

Fossil fuels will still dominate U.S. landscape

Paper: OPEC worked to derail U.S. shale

Holiday, Brexit cloud, pull oil prices lower

New oil found in North Sea

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

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