Oil and Gas News

August 31, 2016

Kremlin: Nothing yet on privatizing oil company
Moscow (UPI) Aug 30, 2016
The Kremlin has yet to make any definitive decisions on the privatization of one of the country's bigger oil companies, a presidential spokesman said Tuesday. The Kremlin has been reviewing privatization options as the Russian economy risks lingering in recession because of the strains brought on by Western sanctions and low crude oil prices. In May, Russian President Vladimir Putin issued an executive order that permits the sale of the first 50 percent stake of oil company Bashneft, but has so ... read more

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Aug 30

Aug 29

Aug 27

Aug 26

Aug 25

Shell takes cash offer for Gulf of Mexico assets In a deal that included $425 million in cash, Royal Dutch Shell said it sold off its entire stake in assets held in the U.S. waters of the Gulf of Mexico. ... more		Oil prices edge higher on Gulf of Mexico weather woes Crude oil prices ticked higher in early Tuesday trading amid weather concerns in the U.S. Gulf of Mexico and Saudi Arabian pivots toward Asia. ... more		Uganda expects billions of dollars in oil investments The Ugandan government said Tuesday it awarded petroleum production licenses to companies expected to invest billions of dollars in oil development. ... more
				Retail gas prices rally ahead of U.S. travel holiday Retail gasoline prices in the United States are on the rise ahead of the last major travel holiday season of the year, motor club AAA reported. ... more		Expect invitations next month, Iran tells energy companies Iran in September will send out invitations to energy companies to vet interest in the first contracts in the post-sanctions area, a director said Tuesday. ... more

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

Colorado ballot measures on oil, gas stalled A petition to curb Colorado oil and gas activity failed to make it to the November ballot, a push a pro-energy group said was a "short-sighted" effort. ... more		Exposure to chemicals released during fracking may harm fertility 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 nat ... 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		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

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

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		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		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		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

	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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

EIA: OPEC oil revenue down nearly 50 percent		Norway hopes to squeeze more out of North Sea		Iran's oil minister defends market share		2017 will be clearer, offshore drilling company says		API: U.S. gas a strategic asset
Dakota Access Pipeline poses an 'existential' threat		CNOOC reports $1.16 bn net loss		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

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