Oil and Gas News

August 19, 2016

Carbon molecular sieve membranes could cut energy in hydrocarbon separations
Atlanta GA (SPX) Aug 19, 2016
A research team from the Georgia Institute of Technology and ExxonMobil has demonstrated a new carbon-based molecular sieve membrane that could dramatically reduce the energy required to separate a class of hydrocarbon molecules known as alkyl aromatics. The new material is based on polymer hollow fibers treated to retain their structure - and pore sizes - as they are converted to carbon through pyrolysis. The carbon membranes are then used in a new "organic solvent reverse osmosis" (OSRO) process ... read more

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Gulf of Mexico still essential for energy The deep waters of the U.S. Gulf of Mexico continue to be one of the more prolific sources of oil and natural gas, the federal government said. ... more		Nigerian oil output may stay low through 2017 Nigerian crude oil production will likely remain suppressed by militant activity at least through next year, a report from the U.S. government said. ... more		Reducing gas flares and pollution from oil production Last year, dozens of major oil companies and oil-producing nations agreed to end the routine flaring of natural gas from wells by 2030. This burning off of uncaptured methane in addition to si ... more
				DNO touts advantage of merging with Gulf Keystone Petroleum If accepted, a merger with Gulf Keystone Petroleum, an Iraqi-focused company, would provide an advantage in terms of reserves, Norway's DNO said. ... more		Oil now flowing from offshore Ghana One of the bigger oil projects off the coast of West Africa has started production from a floating facility offshore Ghana, Tullow Oil announced Thursday. ... more

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

Brent crude oil breaks through $50 Brent crude oil prices were on pace to hold above the psychological threshold of $50 per barrel as bullish sentiments gained momentum early Thursday. ... more		Continental Resources sells acreage to balance books The estimated $222 million received from the sale of shale acreage in North Dakota and Montana will help balance the books, Continental Resources said. ... 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		More North Sea oil pending Sending samples off to a Scottish testing site is an important step in confirming millions of barrels of oil for development, a North Sea-focused company said. ... more
				No such thing as idled, U.S. tells pipeline operators Pipeline operators need to ensure safety is centered around either active or abandoned status as idled is not recognized by law, the U.S. government said. ... more		Methane leaks: A new way to find and fix in real time Researchers have flown aircraft over an oil and gas field and pinpointed - with unprecedented precision - sources of the greenhouse gas methane in real time. The technique led to the detection ... 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

Kremlin determined after Polish gas pipeline decision Expanding the Nord Stream gas pipeline through the Baltic Sea is certain to diversify the regional energy market, the Russian foreign minister said Monday. ... more		OPEC rumors catch up with U.S. gas prices Rumors of possible action from major oil-producing nations are spilling over to the retail sector, putting upward pressure on U.S. fuel prices, analysts said. ... 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		More drilling starts in the North Sea London-listed Faroe Petroleum said it started an exploration program in the North Sea with its Norwegian partners as the region stages production gains. ... more
Wood Group helps get Kazakh oil flowing Following three years of activity there, oilfield services company Wood Group said a $700 million contract in Kazakhstan will support the launch of a major oil field. ... more		Iran touts strong economic growth Not counting the contributions from oil, the Iranian economy grew 4.4 percent in the three months ending March 20, the government said. ... more		Brazil to get help with hard-to-reach black gold French engineering company Technip said it started work on a contract that could help Brazilian oil company Petrobras tap hard-to-reach offshore reserves. ... more		Senegal oil continues to impress Cairn Energy A lower cost of doing business offshore Senegal means operations can gain momentum at the same time that reserve estimates grow, Cairn Energy said. ... more

	Oil prices choppy on steady consumer price index A long run in the positive direction for oil prices was interrupted early Tuesday after U.S. data show little to no movement in the world's biggest economy. ... more		North Dakota rig count lower for second week As of Monday, the number of rigs actively exploring for or producing oil and natural gas in North Dakota was lower for a second straight week, state data show. ... 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

Cuban oil surveys progressing		BHP Billiton had a challenging year		Islamic State oil commander dead		Rosneft taps into Vietnamese gas field		U.S. oil more resilient than thought
North Sea labor strikes suspended		Maersk profits 'significantly lower'		Another volatile start for crude oil prices		Texas shale basin left behind		Statoil to develop cross-border gas field

Advocates defend Colorado oil and gas ballot measures

Russia credits more drilling for production increase

Australia counting on offshore oil, gas for economy

Saskatchewan city starts claims process after oil spill

Volatile start for oil prices after mixed IEA report

Texas to streamline rules to help energy sector

More oil pulled from far north Russia

Europe helps fund non-Russia gas line for Finland

Bad second quarter for OMV

NATO allies concerned for Libyan oil

Oil prices move higher after OPEC expects demand to build

Stimulus package emerges for scorched parts of Canada

Banks a 'pipeline' to low-carbon future

Statoil starts drilling work above Arctic Circle

Chinese workers released after Nigeria kidnap

Sanchez Energy ups spending target for the year

Oil bubble struggles to hold air

Midwest states skew gas price average higher

North Dakota rig count moves lower

DNO shorted for Kurdish oil exports

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