Oil and Gas News

August 10, 2016

Banks a 'pipeline' to low-carbon future
Manila (UPI) Aug 9, 2016
Contributions from multilateral lending facilities are the "pipeline" to a global low-carbon future, an official at the Asian Development Bank said. A joint report from the ADB and its regional and international counterparts found finance geared toward efforts to abate the impacts of climate change totaled $81 billion last year. Funding efforts have moved toward projects ranging from renewable energy resources to climate-resilient land and water resource management. "Multilateral develop ... read more

Previous Issues

Aug 09

Aug 08

Aug 05

Aug 04

Aug 03

Statoil starts drilling work above Arctic Circle Norwegian energy company Statoil said it started drilling operations at a field above the Arctic Circle to prepare to rebuild area natural gas stocks. ... more		Chinese workers released after Nigeria kidnap Two Chinese nationals kidnapped by gunmen near Nigeria's capital, Abuja, last weekend have been released, police said Tuesday. ... more		Sanchez Energy ups spending target for the year Already producing more than last year, U.S. shale player Sanchez Energy said it was increasing its spending plans with big payoffs expected in 2018. ... more
				Oil bubble struggles to hold air Oil prices were relatively flat in the early rounds of trading Tuesday as market watchers pulled back the curtain on momentum for supply and demand. ... more		Midwest states skew gas price average higher An issue at a BP refinery in Indiana and an uptick in road travel strained supplies, though retail prices are holding relatively stable overall, AAA said. ... more

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

North Dakota rig count moves lower North Dakota exploration and production activity moved slightly lower after a steady string of modest gains, state data published Monday show. ... more		DNO shorted for Kurdish oil exports Norwegian energy company DNO said it received from the government a partial payment for the oil it exported in June from the Kurdish north of Iraq. ... 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		German exporters say yet to see big payday from Iran trade A hoped-for export bonanza has failed to materialise a year after a deal to lift international sanctions against Iran over its nuclear programme, a German industry association told AFP Monday. ... more
				Russia sees tighter energy ties with Iran, Azerbaijan Projects meant to exploit the strategic position of the Caspian Sea and its oil and natural gas are national priorities, Azerbaijan, Iran and Russia said. ... more		Transocean rig strikes ground A maritime authority in London said Monday it opened an investigation into Transocean after a rig became loose from a tow and struck ground. ... 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

Moroccan shale output curbed because of 'earth movement' A company working on production of natural gas from shale deposits in Morocco said Monday it closed down some of its operations because of seismic activity. ... more		Colorado voters to see oil, gas limits on ballot Colorado voters may see issues on the November ballot on oil and gas development, an issue both sides of the debate said is important for state interests. ... 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		Chevron: Game up -- again -- in Ecuador U.S. supermajor Chevron Corp. said it was victorious in a long-running legal battle against alleged misconduct in Ecuador and a fraudulent lawyer. ... more
New ceramic membrane enables first direct conversion of natural gas to liquids without CO2 CoorsTek, the world's leading engineered ceramics manufacturer, today announced that a team of scientists from CoorsTek Membrane Sciences, the University of Oslo (Norway), and the Instituto de Tecno ... more		Dozens of IS oil tankers destroyed in Syria strike: US A coalition air strike destroyed 83 oil tankers used by the Islamic State group over the weekend in eastern Syria, the US military announced Monday. ... more		Demand forecast pulls oil prices higher Expectations of a rebound in demand for oil in the latter half of the year sparked a rally in crude oil prices early Monday following a week of uncertainty. ... more		Texas somewhat optimistic about growth While growth increased in the Texas economy, the oil-rich state still faces significant headwinds because of the energy market downturn, a state economist said. ... more

	Work slated for Barents, North seas The Norwegian government said it gave its consent for new oil and natural gas operations offshore in the North Sea and Barents Sea, with Statoil the big winner. ... more		Activists: Midwest pipeline project likely dead Environmental groups in the U.S. Midwest claimed a win after an investment decision by pipeline company Enbridge likely ruled out a controversial oil project. ... 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

Report: Oil shipped from war-torn Yemen		Protesters clash with police near Iraq oil site		Wild ride for crude oil prices		Chevron wins key US appeal in Ecuador pollution case		Chesapeake Energy cut debt by $1 billion
Canada pulls North American rig count higher		Nigerian army says 11 troops killed in clashes with bandits		Russia mulls stronger ties to Iran's energy sector		Canadian Natural Resources nears 'inflection point'		Transocean outperforms its peers

Russian economic woes spreading beyond borders

Continental Resources expecting production gains

Indonesian farmers launch class action over oil spill

Offshore drillers less-than optimistic

Enbridge, Marathon grab Bakken oil pipeline

Irving Oil buys Ireland's only refinery

Oil prices have another go at a rally

Oxy takes a rare loss

Oil-rich North Dakota touts pro-business ranking

Oil prices recover after Monday's nosedive

AAA: Low gas prices mask regional issues

Lundin Petroleum sees rosy future

Gulf Keystone Petroleum moving on restructuring

Iran looking for oil middle men

Report: Trump has 'work to do' on grasp of energy

North Dakota rig count continues to rise

Weatherford: The worst is over for the oil sector

Transocean consolidates business structure

Fire-damaged Canadian municipality lent a hand

Low growth in Japan spills over to ding oil prices

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.