Oil and Gas News

August 29, 2016

NATO in favor of political moves in oil-rich Libya
Washington (UPI) Aug 26, 2016
NATO allies expressed support for political movements in oil-rich Libya, which they said are vital steps in ensuring peace in the war-torn country. Libyan authorities sent a list of names for a unity government to ministers with the Libya House of Representatives for approval. The governments of France, Germany, Italy, Spain, the United Kingdom, and the United States welcomed the move and reminded authorities of an obligation to vote on the list in its entirety within 10 days. "Members o ... read more

Previous Issues

Aug 27

Aug 26

Aug 25

Aug 24

Aug 23

British oil production up from last year The British government reported total first quarter production of natural reserves increased at the same time the country relied less on foreign imports. ... more		Modest interest in latest Gulf of Mexico lease Despite tough industry conditions, bidding that emerged in the latest lease shows the U.S. Gulf of Mexico remains good energy acreage, the government said. ... more		Russian oil company posts production gains Thanks in part to Arctic oil, total production of oil and gas reserves are 10 percent higher than last year, Russian oil company Gazprom Neft said. ... more
				Low oil prices a win for consumers The increase in U.S. oil production that helped push crude oil prices lower may have hurt the industry, but that's offset by consumer benefits, the API said. ... more		EIA: OPEC oil revenue down nearly 50 percent Net revenue for members of the Organization of Petroleum Exporting Countries from oil dropped nearly 50 percent year-on-year, U.S. analysis found. ... more

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

Norway hopes to squeeze more out of North Sea The Norwegian government said it consented to the use of a drilling platform in the North Sea in order to squeeze the remaining resources out of the area. ... more		Iran's oil minister defends market share Iran's oil minister said Friday he'll go to an Algerian meeting where producers could move to stabilize prices, but kept his defense of market share. ... more		Underappreciated threat of nanoplastic pollution revealed in Atlantic Ocean study Deadly China-Nepal flood caused by glacial lake: experts New UK weather records being set 'very frequently': report		2017 will be clearer, offshore drilling company says There are signs of stability in offshore exploration and production, but it may be next year before any real indications surface, a London-managed driller said. ... more
				API: U.S. gas a strategic asset With U.S. Vice President Joe Biden touting diversity in the European energy market, an industry group said exports from U.S. ports could be a strategic interest. ... more		Dakota Access Pipeline poses an 'existential' threat Environmental and tribal groups protesting an oil pipeline from North Dakota said in a letter to the White House it poses a threat to their existence. ... 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

CNOOC reports $1.16 bn net loss China's main offshore oil and gas producer CNOOC saw its shares on the Hong Kong stock exchange fall Thursday, after it reported a $1.16 billion net loss for the first half of 2016. ... more		Nanofur for oil spill cleanup Some water ferns can absorb large volumes of oil within a short time, because their leaves are strongly water-repellent and, at the same time, highly oil-absorbing. Researchers of KIT, together with ... more		Skimming the Sun, probe sheds light on space weather threats Are Unlocked Phones Any Good? Unlocked vs. Locked Phone Benefits Astronauts from US, India, Poland, Hungary on SpaceX capsule return to Earth		Scientists develop nanofur material to soak up oil A team of researchers in Germany have developed a new water-resistant nanofur material capable of soaking up oil with impressive efficiency. The material was inspired by water ferns. ... more
White House urged to ban Atlantic Ocean seismic activity An advocacy group called on the U.S. government to enact further restrictions on Atlantic Ocean energy work, citing seismic threats to marine animals. ... more		PetroChina profit almost wiped out in first half China's biggest oil producer PetroChina's net profit plunged 97.9 percent in the first half of this year, it said Wednesday, as it struggled with a weak domestic economy and low oil prices. ... more		Oil prices move lower as OPEC doubts persist Sentiment on oil supply and inventory levels pushed crude oil prices lower in early Wednesday trading amid renewed doubts over extraordinary OPEC action. ... more		Norway expects slump in oil, gas investments The Norwegian government said that, after falling more than 10 percent, investments in the energy sector next year should see another steep decline. ... more

	Gazprom says it's not impacted by sanctions Western economic sanctions have little impact on Gazprom activities as the company focuses on domestic procurement efforts, the Russian company said. ... more		Analyst: Oil near $50 not good for a freeze The price point for crude oil that would likely trigger action from major oil producers is around $35 per barrel, a Swiss-based market research group said ... more

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Alberta's economy hit by May wildfires		New gas extraction methods increase price responsiveness		Statoil grabs hold of British waters		An elephant in the room offshore Senegal		Oil pipeline leak in Red Sea, Jordan tells Israel
Oil prices extend losses for a second day		Gazprom reviewing Nord Stream 2 options		Gas prices follow in oil's footsteps		Pakistan gets energy security loan		Three tremors in 24 hours near Oklahoma shale country

Oil-rich Texas sees slight employment gains

Nicaragua refinery fire under control: officials

Oil price rally hits a wall

Niger Delta Avengers consider de-escalating conflict

North Dakota rig count lower for third straight week

Russia gas pipelines in Georgia targeted by militants

Gas lines hit by military shells in eastern Ukraine

Statoil rolls out North Sea development plans

Australia's Santos takes a $1.1 billion loss

Oil from refinery blast slickens Nicaragua habitat: environmentalists

Industry data dump show U.S. energy dynamics even

Oil prices mixed after long, sustained rally

Lauded North Sea oil reserve area dry so far

U.S. mulling new leases for Gulf of Mexico drillers

Oil-rich Iran looking for financial ties with Russia

Carbon molecular sieve membranes could cut energy in hydrocarbon separations

Gulf of Mexico still essential for energy

Nigerian oil output may stay low through 2017

Reducing gas flares and pollution from oil production

DNO touts advantage of merging with Gulf Keystone Petroleum

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.