Oil and Gas News

September 07, 2016

New genus of bacteria found living inside hydraulic fracturing wells
Columbus OH (SPX) Sep 07, 2016
Researchers analyzing the genomes of microorganisms living in shale oil and gas wells have found evidence of sustainable ecosystems taking hold there--populated in part by a never-before-seen genus of bacteria they have dubbed "Frackibacter." The new genus is one of the 31 microbial members found living inside two separate fracturing wells, Ohio State University researchers and their colleagues report in the Sept. 5 online edition of the journal Nature Microbiology. Even though the wells wer ... read more

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Sep 06

Sep 05

Sep 02

Sep 01

Aug 31

Shell starts new production in Gulf of Mexico After taking a partial cash offer for assets in the region, Royal Dutch Shell said it started production at its deepest project yet in the Gulf of Mexico. ... more		Statoil again ups stake in Barents Sea After stating its intention to move to northern waters, Norwegian energy company Statoil said it strengthened its grip on Barents Sea assets. ... more		Offshore Senegal still in the investment stage Australian energy company FAR Ltd. said it bet heavily on offshore Senegal, though revenue year-on-year was lower by more than 50 percent. ... more
				Oil-rich Russia taps into reserve funds For the third time this year, the Russian Finance Minister said it pulled money out of its reserve funds in an effort to cover a budget deficit. ... more		Iran, OPEC confer ahead of Algerian summit Iran's oil minister said Tuesday he met in Tehran with the secretary general of OPEC as major oil producers mull the prospects for market intervention. ... more

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

Oil starts lower after Monday's massive spike Slower second quarter growth in the European economy, coupled with a more measured look at production rumors, brought oil prices lower early Tuesday. ... more		Enbridge works to create North American pipeline giant Canadian energy company Enbridge said it was combining with its counterpart Spectra Energy to create what it said was a North American infrastructure giant. ... 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		Why Wall Street Is Throwing Billions At The Permian The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The Permian Basin is one of the last profita ... more
				Deal with oil giant helps near-extinct whale recover A decade ago, there were just 115 western gray whales left in the world, and their feeding grounds near Russia's Sakhalin Island, north of Japan, were being drilled for oil. ... more		Putin calls for 'compromise' towards oil freeze Russian President Vladimir Putin in an interview published Friday urged compromise to find agreement on an oil production freeze to combat a global supply glut. ... 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

Russia called to talk gas with Ukraine, EU Russia is called to the table to discuss natural gas issues with Ukrainian and European leaders, a member of the European Commission said Friday. ... more		Oil spikes on Saudi, Russia joint statement Recognizing a tilt to the supply side in the global market for crude oil, Russia and Saudi Arabia said Monday they'd work jointly to diminish volatility. ... 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		Earthquake rocks Oklahoma, key US fracking state A strong earthquake struck early Saturday in Oklahoma, where the incidence of temblors has been on the rise amid a boom in controversial hydraulic fracturing to release oil and natural gas. ... more
Gas is cheap ahead of U.S. holiday U.S. gas prices moving into the last major travel holiday of the season are at their lowest in more than a decade and tracking even lower, the government said. ... more		Oil prices jump on rumors and labor numbers Crude oil prices jumped in early Friday trading on renewed speculation about production moves and dimmed prospects for a U.S. rate hike. ... more		Moody's sees subdued growth for Nigeria Subdued growth in the economy for oil-rich Nigeria could be undermined if the country's production levels don't recover, Moody's Investors Service said. ... more		Iran planning more oil drilling One of the first oil fields likely on tap for post-sanctions contracts in Iran is on schedule for further exploration and production work, a director said. ... more

	Enbridge: North Dakota oil output too low for pipeline North Dakota crude oil production is too low to support the development of the planned east-bound Sandpiper pipeline, Enbridge Energy announced. ... more		Oil bounces on Saudi-Russian pledge to steady prices Oil rallied by up to five percent on Monday as top global producers Russia and Saudi Arabia vowed to stabilise the market after meeting at the G20 in China. ... more

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Putin ally says oil privatization still on the table		Development plans for Senegalese oil unveiled		Oil prices sink as balance sentiment fades		Lundin next driller in line for Barents Sea		Analysts say oil market balance hasn't appeared yet
Chevron starts gas production offshore Indonesia		Russia: Turkish gas pipeline progress continues		Security concerns prompt Canada to halt pipeline review		With oil on the radar, Senegal gets good IMF marks		Oil prices resume downturn

Statoil sets sights on Barents Sea

Nigeria's oil-based economy stumbles

Restructuring Iraqi oil player seeking more capital

Oil sands fires send Canada GDP reeling in Q2

Kremlin: Nothing yet on privatizing oil company

Shell takes cash offer for Gulf of Mexico assets

Oil prices edge higher on Gulf of Mexico weather woes

Uganda expects billions of dollars in oil investments

Retail gas prices rally ahead of U.S. travel holiday

Expect invitations next month, Iran tells energy companies

Colorado ballot measures on oil, gas stalled

Tehran: We'll survive era of low oil prices

Ailing but oil-rich Kazakhstan lent a hand

North Dakota rig count lower for fourth straight week

Oil prices lower on Yellen hangover

Sinopec blames slow economic growth for slump

Statoil: Expect more for less at Johan Sverdrup

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

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