Oil and Gas News

August 30, 2016

Exposure to chemicals released during fracking may harm fertility
Columbia MO (SPX) Aug 29, 2016
More than 15 million Americans live within a one-mile radius of unconventional oil and gas (UOG) operations. UOGs combine directional drilling and hydraulic fracturing, or "fracking," to release natural gas from underground rock. Scientific studies, while ongoing, are still inconclusive on the potential long-term effects fracturing has on human development. Researchers at the University of Missouri have released a study that is the first of its kind to link exposure to chemicals released during hy ... read more

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Air contamination near fracking sites result of operational inefficiencies Chemists at the University of Texas at Arlington have published a new study that indicates that highly variable contamination events registered in and around unconventional oil and gas developments ... more		Tehran: We'll survive era of low oil prices Iran is one of the major oil producers whose economy has been least damaged by the decline in crude oil prices, the country's finance minister said. ... more		Ailing but oil-rich Kazakhstan lent a hand A multimillion dollar loan will help Kazakhstan, home to one of the world's largest oil fields, connect better with neighboring trade routes, a lender said. ... more
				North Dakota rig count lower for fourth straight week As oil prices steady, state data show the number of rigs actively exploring for or producing oil and gas in North Dakota declined for the fourth straight week. ... more		Oil prices lower on Yellen hangover Crude oil prices moved sharply lower to start the trading day Monday as jitters carried over from last week's U.S. Federal Reserve statements on interest rates. ... more

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

Sinopec blames slow economic growth for slump China's Sinopec, one of the largest companies of its kind, said weak global economic recovery was in part behind its 13 percent decline in operating profit. ... more		Statoil: Expect more for less at Johan Sverdrup The cost to develop the giant Johan Sverdrup oil field offshore Norway has improved so that it will be competitive at lower oil prices, the operator said. ... 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		NATO in favor of political moves in oil-rich Libya 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. ... more
				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

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

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		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		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
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		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		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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Nanofur for oil spill cleanup		Scientists develop nanofur material to soak up oil		White House urged to ban Atlantic Ocean seismic activity		PetroChina profit almost wiped out in first half		Oil prices move lower as OPEC doubts persist
Norway expects slump in oil, gas investments		Gazprom says it's not impacted by sanctions		Analyst: Oil near $50 not good for a freeze		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

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