Oil and Gas News

July 18, 2016

Alberta works to green up oil sector
Edmonton, Alberta (UPI) Jul 14, 2016
After allowing energy companies early entry into a royalty scheme, Alberta's government said it formed an advisory panel to address sector emissions. Alberta this week said energy companies could opt in early to a royalty program that sets a flat rate until companies recover costs. Following the advice it said it received from industry and environmental leaders, the provincial government said it established an advisory group for oil sands in an effort to limit greenhouse gas emissions. T ... read more

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Woodside grabs more Senegalese oil Australian energy company Woodside said it was wading into the waters off the coast of Senegal after acquiring assets from Conoco Philips for $350 million. ... more		Citibank to close key Venezuela payment account: Maduro Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said Monday, accusing the US-based bank of mounting a "financial blockade." ... more		Schlumberger in $300 million deal offshore Australia More than $300 million in contracts for the upstream side of the energy sector goes toward developing offshore Australia, a division of Schlumberger said. ... more
				Moody's: Oman exposed to economic risk The heavy economic reliance on oil and gas for revenue means Oman is more exposed to economic risk that its peers, Moody's Investors Service said. ... more		Oil prices brush off Chinese woes in wake of Nice attack European economic and security concerns pushed crude oil prices higher early Friday after overnight losses brought on by weakness in China. ... more

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

Iran extends energy hand to Europe Iran could step in to help address European energy security concerns once the doors to financial regimes open, the speaker of the Iranian parliament said. ... more		Iraqi oil group to restructure debt Iraqi-focused energy company Gulf Keystone Petroleum said it appointed a new chairman and was moving ahead with a restructuring option to address debt. ... 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		Weathered oil in Gulf of Mexico may threaten development of fish embryos and larvae The Deepwater Horizon (DWH) oil spill, in which nearly three million barrels of crude oil got released in 2010 into the northern Gulf of Mexico, is the worst oil disaster in US history, contaminatin ... more
				ADB: Gas-rich Papua New Guinea facing declines Once seen as an economy buoyed by natural gas resources, the Asian Development Bank said Papua New Guinea is on pace for a severe contraction. ... more		Kremlin: Some oil privatization by year's end Privatization of Russian oil production and maritime shipping companies could be completed before the end of the year, a deputy minister said Monday. ... 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 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		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		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		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

	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

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

Oil prices get lift from Nigerian pipeline attack		Australian oil company appoints Cuban director		Venezuela opposition asks for Vatican mediation		Eni confirms attack on Nigerian pipeline		IEA: Investments in energy down across the board
Niger Delta Avengers strike Chevron infrastructure		Saipem tapped for work in giant gas field offshore Egypt		Oil rallies on short-term easing in U.S. unemployment		Oil, gas worker strike averted in Norway		Genel reviews Kurdish oil output

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

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