Oil and Gas News

September 01, 2016

Security concerns prompt Canada to halt pipeline review
Montreal (UPI) Aug 31, 2016
Security concerns at a panel session for a proposed oil pipeline in Canada prompted a suspension of the review process, a Canadian energy regulator said. According to a report in Canadian news service The Globe and Mail, activists in Montreal descended on a hearing room and charged panel members} from the National Energy Board seated to review TransCanada's proposed multi-billion dollar Energy East oil pipeline. In a statement, the NEB said it was adjourning the sessions in Montreal beca ... read more

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Aug 31

Aug 30

Aug 29

Aug 27

Aug 26

With oil on the radar, Senegal gets good IMF marks Emerging as a potential oil producer, the economy in Senegal is stable with a growth rate of around 6 percent expected, the International Monetary Fund said. ... more		Oil prices resume downturn A discount of any bullish sentiments in the market for crude oil helped push benchmark prices lower to start the trading day on Wednesday. ... more		Statoil sets sights on Barents Sea Norwegian energy company Statoil said it aims to extend its reach north to the Barents Sea next year in an effort to replenish its exploration portfolio. ... more
				Nigeria's oil-based economy stumbles Slipping into a formal recession, the Nigerian government said the contribution of oil to economic growth slipped slightly more than 2 percent. ... more		Restructuring Iraqi oil player seeking more capital A potential takeover target, Iraqi-focused company Gulf Keystone Petroleum said it was offering up common shares in an effort to raise more capital. ... more

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

Oil sands fires send Canada GDP reeling in Q2 Forest fires in Canada's oil sands region that disrupted production have pummeled the country's economy, sparking the biggest quarterly decline in GDP in seven years, according to government figures released Wednesday. ... more		Kremlin: Nothing yet on privatizing oil company 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. ... 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		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

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

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		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		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
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

	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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Exposure to chemicals released during fracking may harm fertility		Air contamination near fracking sites result of operational inefficiencies		NATO in favor of political moves in oil-rich Libya		British oil production up from last year		Modest interest in latest Gulf of Mexico lease
Russian oil company posts production gains		Low oil prices a win for consumers		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

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