Oil and Gas News

September 13, 2016

Hess: North Dakota ready once oil prices recover
New York (UPI) Sep 12, 2016
The oil price recovery isn't quite strong enough to support a program targeting production growth from North Dakota, energy company Hess Corp. said Hess last year set a 2016 spending target of between $2.9 billion and $3.1 billion. By January, the company revised its full-year guidance lower to $2.4 billion, 40 percent below 2015 spending levels. In July, the company said it was upbeat about the potential for growth in North Dakota, where exploration and production had shown some recover ... read more

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Sep 06

OPEC revises Russian oil output estimate higher With oil production on pace to increase through the year, economists at OPEC said Russia's economy is already on a clear road to modest recovery. ... more		Supply estimates drag oil prices lower early Monday Crude oil prices continued their downward slide as market watchers took stock Monday of production estimates from countries outside of OPEC. ... more		MEO Australia aims to focus more on Cuba Selling off parts of its holdings in a potentially lucrative basin off the coast of Australia will help fund opportunities in Cuba, MEO Australia said. ... more
				Grip tightens on Papua New Guinea gas Grabbing a tighter hold over license areas off the coast of Papua New Guinea means a better stake in liquefied natural gas, Oil Search Ltd. said Monday. ... more		Millions paid to Kurds, oil player says More than $100 million was paid out to the Kurdish government as part of a production-sharing contract, struggling Gulf Keystone Petroleum said. ... more

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

US seeks halt to work on pipeline opposed by Native Americans The US government on Friday sought to stop construction on a controversial oil pipeline in North Dakota that has angered Native Americans, blocking any work on federal land and asking the company to "voluntarily pause" work nearby. ... more		Oil prices plummet after Thursday's spike A day after a data-driven spike, crude oil prices reversed course in early Friday trading as Russia's energy minister pushed production talks off the table. ... more		Ash improves methane yield and fertilizer value in biogas systems Bio-oil from agricultural and forest waste could help seal abandoned oil wells and store carbon Rice researchers turn wasted data center heat into clean power		Potential for more oil found in British waters A "very significant" reservoir of oil was uncovered during a pilot program in British waters west of the Shetland Islands, a British-based company said Friday. ... more
				Dakota pipeline protesters call for peace on judgment day With a court decision looming, and the National Guard on hand, a tribe protesting an oil pipeline from North Dakota said it was calling for peace. ... more		Payrolls down for shale-rich Texas Manufacturing, an economic backstop in shale-rich Texas, is witnessing a drop in payrolls in an otherwise mixed bag, the Federal Reserve Bank of Dallas 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.

Energy sector job losses mount for Norway The government of Norway said Thursday the number of jobs tied to the production of oil and natural gas declined during the second quarter. ... more		Nigeria says to borrow from World Bank, China, Japan Nigeria's presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. ... more		First Tranche 1 satellites launched for Space Development Agency network ICEYE unveils ISR Cell to deliver space intelligence at tactical scale Satlink joins Rivada to deliver secure satellite connectivity for defense and enterprise		American Indians united by oil pipeline fight Drive on a state highway along the Missouri River, amid the rolling hills and wide prairies of North Dakota, and you'll come across a makeshift camp of Native Americans - united by a common cause. ... more
Oil-rich Alberta unveils jobs package The provincial Canadian government in oil-rich Alberta said it was pushing forward with a jobs plan as the region's economy drags down the nation. ... more		Gazprom gets permits for Turkish gas pipeline Russian energy company Gazprom said it received the first permits from the Turkish government to start implementing a new natural gas pipeline project. ... more		Oil prices extend rally after ECB rate stand-still Oil prices, already rising in response to a decline in U.S. production estimates, rallied further on Thursday after the European Central Bank stood still. ... more		Rig counts up, but still lower than last year Exploration and production activity in North America is on the rise, but still far below the levels seen last year, data from Baker Hughes show. ... more

	Texas energy sector teetering on recovery The deep contraction in the Texas oil and gas sector seems to be over, though a full rebound remains elusive, an economist in the state said. ... more		House moves to hold oil, gas leases online Bipartisan leaders in the U.S. House of Representatives returned from recesses to pass a measure that would move offshore oil and gas leasing to the Internet. ... more

Romania says Russian drone breached its airspace

MSBAI wins DoD contract to accelerate OrbitGuard for space situational awarenes

AI powered SAR imagery analysis tool launched by SATIM and ICEYE

White House: No change in fracking stance since Oklahoma quake		Norway's sovereign fund bars US Duke over pollution		Apache Corp. unveils what it sees as a major shale find in Texas		Oil prices drifting aimlessly in early Wednesday trading		Tribe not satisfied with brief halt to Dakota Access pipeline
Ecuador begins pumping oil in Amazon nature reserve		New genus of bacteria found living inside hydraulic fracturing wells		Shell starts new production in Gulf of Mexico		Statoil again ups stake in Barents Sea		Offshore Senegal still in the investment stage

Oil-rich Russia taps into reserve funds

Iran, OPEC confer ahead of Algerian summit

Oil starts lower after Monday's massive spike

Enbridge works to create North American pipeline giant

Why Wall Street Is Throwing Billions At The Permian

Deal with oil giant helps near-extinct whale recover

Putin calls for 'compromise' towards oil freeze

Russia called to talk gas with Ukraine, EU

Oil spikes on Saudi, Russia joint statement

Earthquake rocks Oklahoma, key US fracking state

Gas is cheap ahead of U.S. holiday

Oil prices jump on rumors and labor numbers

Moody's sees subdued growth for Nigeria

Iran planning more oil drilling

Enbridge: North Dakota oil output too low for pipeline

Oil bounces on Saudi-Russian pledge to steady prices

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

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