Oil and Gas News

July 25, 2016

Total lands LNG deal with Japan
Paris (UPI) Jul 22, 2016
French energy company Total said Friday it landed a 17-year agreement to supply liquefied natural gas to the Japanese market starting in 2019. Total signed a binding agreement with Japanese utility Chugoku Electric for the direct supply of LNG sourced from the French company's global portfolio. "Strengthening our presence in Japan, the world's largest LNG importer, through long-term cooperation with leading LNG buyers such as Chugoku Electric is a key component of Total's strategy," Laur ... read more

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Jul 22

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Jul 19

Jul 18

Schlumberger: We've reached the bottom The energy market has clearly turned the corner, but the industry still faces headwinds without significant price recovery, Schlumberger's CEO said. ... more		Poll: Republican voters see Big Oil as big deal Though most would-be voters back a strong U.S. energy sector, a survey finds a hawkish oil and gas policy is backed more by those considered Republicans. ... more		Polish antitrust body wary of Nord Stream II An expansion to a Russian natural gas pipeline in the Baltic Sea, Nord Stream, would inhibit market competition, a Polish antitrust authority said Friday. ... more
				Australia's Santos sees lingering industry pressures Showing quarterly pressures, but year-on-year improvements, Australian energy company Santos said its strategy is supporting forward momentum. ... more		Transocean's latest rig contract revised lower Offshore rig company Transocean revealed it started on a new contract for drilling in the deep waters of the U.S. Gulf of Mexico, though at a reduced day rate. ... more

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

Oil prices drift lower, balancing modest industry optimism Crude oil prices held relatively flat at the start of trading Friday, with modestly upbeat industry sentiment balancing against lingering European concerns. ... more		Chevron to send more gas to China Starting in 2018, U.S. energy company Chevron Corp. said it will start shipping liquefied natural gas to a Chinese counterpart under the terms of a new deal. ... more		New deep sea mining rules lack consensus despite US pressure Lightning strikes kill 33 people in eastern India From Antarctica to Brussels, hunting climate clues in old ice		Woodside Petroleum expecting third quarter recovery Australian energy company Woodside said it was posting lower revenues for the second quarter because of a lag-time in product price recovery. ... more
				Oil prices drift lower as Europe weighs economic risks Crude oil prices drifted lower in early Thursday trading after the European Central Bank said downside risks are lingering in the regional economy. ... more		Oil Search drops efforts in Papua New Guinea gas Oil Search Ltd. said it wouldn't counter an offer made for a rival tied to liquefied natural gas assets in Papua New Guinea following a bidding war. ... 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

Encana Corp. said to expect more drilling Spending on exploration and production is going up after second quarter operations turned into positive cash flow, shale oil and gas producer Encana Corp. said. ... more		Environmental groups blast Enbridge for 2010 spill A $177 million settlement for oil spills in 2010 in the Great Lakes states serves as a warning of the dangers of shipping heavy oils, environmental groups said. ... more		Chinese researchers craft high fidelity Mars soil simulant to support future missions Ancient river systems reveal Mars was wetter than we thought NASA's Parker Solar Probe Snaps Closest-Ever Images to Sun		Russia revisits oil pipeline to avoid Black Sea Russia could revisit a land-based oil pipeline meant to get around Turkish waterways if the political situation worsens, a Russian executive said. ... more
Enbridge to pay $177 million for US oil pipeline spills Canadian pipeline giant Enbridge Inc. has agreed to pay $177 million to settle claims stemming from two major oil spills in the United States in 2010, US authorities announced Wednesday. ... more		Halliburton: Our strategy is working Despite paying billions of dollars after a failed merger effort with a rival, oilfield services company Halliburton said its strategy is working. ... more		Ohio shale fueling job growth, API director says Labor growth in Ohio, the state hosting the Republican nominating convention, is in parts thanks to the extraction of natural gas, an industry leader said. ... more		Total assessing Exxon bid on Papua New Guinea French energy company Total said it was taking note of a competing offer for Papua New Guinea gas partner InterOil made by U.S. rival Exxon Mobil. ... more

	Oil prices lower on weak demand Consumer demand is still not drawing inventories of petroleum products lower, sending crude oil prices sharply downward in early Wednesday trading. ... more		Scotland worried by economic pressures from Brexit The Scottish economy is showing signs of stamina, but uncertainty from the exit from the European Union hangs over momentum, a minister said. ... more

China, India should work towards 'win-win' cooperation: Chinese FM

US delays Patriot arms deliveries to Switzerland in switch to Ukraine

US 'moving at haste' to get Ukraine weapons: envoy

BHP lowers expectations for petroleum		Former Apache boss nabs Cabinet job in Alaska		Tesoro to pay $425 million over air quality violations		Gazprom deploys fracking effort		Russia extends sympathy to potential energy partner Turkey
Iran drafting list of eligible oil and gas vendors		No change in North Dakota rig count		Another win for services company Wood Group		U.S. shale player Sanchez boosts production		Companies getting good at life at $50 per barrel

AAA: Gas prices at a 12-year low

Oil prices mixed on IMF pessimism and supply constraints

API president in Cleveland calls for better energy policies

Colorado touts labor sector performance

New pipeline entity emerges in Calgary

Oil prices sag on British banker's concerns

Alberta works to green up oil sector

Woodside grabs more Senegalese oil

Citibank to close key Venezuela payment account: Maduro

Schlumberger in $300 million deal offshore Australia

Moody's: Oman exposed to economic risk

Oil prices brush off Chinese woes in wake of Nice attack

Oklahoma rocked by a week of seismic events

Iran extends energy hand to Europe

Militants claim attack on Exxon as Shell shuts Nigerian pipeline

EIA: Gas prices peaked in June

Iraqi oil group to restructure debt

Weathered oil in Gulf of Mexico may threaten development of fish embryos and larvae

New reserves uncovered in North Sea

ADB: Gas-rich Papua New Guinea facing declines

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