Oil and Gas News

July 26, 2016

Scotland working to protect EU relations
Edinburgh, Scotland (UPI) Jul 25, 2016
The Scottish government, which once pushed an independence bid in part on oil revenue, said every option is on the table for staying in the European Union. The Scottish government under First Minister Alex Salmond pushed a bid for independence from the United Kingdom in 2014, betting its financial future in part on revenue from oil and gas. Boasting one of the more ambitions low-carbon platforms in the world, Salmond's government would've powered the country on renewable energy resources. ... read more

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Jul 19

Russian economy recovering slowly With oil holding relatively stable, there are few restrictions on meeting inflationary goals by the end of next year, a Russian finance minister said. ... more		Market uncertainty drags oil prices lower Pessimism about the market's trajectory combined with violence in Nigeria, an OPEC member, sent crude oil prices lower in early Monday trading. ... more		North Dakota rig count up 10 percent The number of rigs actively exploring for or producing oil and natural gas in North Dakota is up 10 percent from last week, state data show. ... more
				Nord Stream planners reviewing next steps The planning companies behind an expansion to a natural gas pipeline in the Baltic Sea said they're exploring their options amid Polish anti-trust concerns. ... more		Russian company Gazprom Neft pumping 67,000 barrels of oil a day in eastern Iraq Production momentum at the Badra oil field in eastern Iraq has resulted in almost half of the total volumes emerging this year, Russian company Gazprom Neft said. ... more

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

Oil spill threatens Saskatchewan drinking water With an oil spill threatening area water ways, provincial leaders in Saskatchewan said protecting drinking water supplies was the top priority. ... more		Total lands LNG deal with Japan French energy company Total said Friday it landed a 17-year agreement to supply liquefied natural gas to the Japanese market starting in 2019. ... 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		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

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

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		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		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		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

	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

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

Russia revisits oil pipeline to avoid Black Sea		Enbridge to pay $177 million for US oil pipeline spills		Halliburton: Our strategy is working		Ohio shale fueling job growth, API director says		Total assessing Exxon bid on Papua New Guinea
Oil prices lower on weak demand		Scotland worried by economic pressures from Brexit		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

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