Oil and Gas News

September 15, 2016

The Next Sector To Recover From The Oil Price Crash
by Zainab Calcuttawala for Oilprice.com
London, UK (SPX) Sep 13, 2016 Oilfield services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested in doling out major purchase orders, leaving oil and gas equipment manufacturers without revenues. A recent report by Arkansas Online says the energy industry's support sector could feel the effects of low oil prices for up to two years after the current bear market recovers. " ... read more

Previous Issues

Sep 14

Sep 13

Sep 12

Sep 09

Sep 08

Kiev vows to avoid Russian gas pressures Past contractual pressures from Russia won't resurface as Ukraine becomes energy independent in the next five years, the prime minister said. ... more		Oklahoma ramps up energy response to earthquakes Oklahoma regulators, working in coordination with federal authorities, closed down more wells in the state in response to an early September earthquake. ... more		Statoil revives plans for offshore giant Operations at one of the largest fields on the Norwegian continental shelf will create economic ripples, though market vulnerabilities remain, Statoil said. ... more
				Upstream energy sector crumbling The number of struggling companies tied to the exploration and production side of the energy sector has nearly doubled, Moody's Investors Service found. ... more		Spare Libyan oil, NATO allies say NATO allies called on parties to the conflict in Libya to immediately abandon any hostile action that may jeopardize energy infrastructure and oil exports. ... more

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

Modest spike for gas prices before fall drop off Short-term spikes aside, retail gasoline prices in the United States should be moving lower as refiners switch to a cheaper blend, market analysis finds. ... more		Balance sentiments pull oil prices lower A sluggish forecast for global oil demand and a corresponding positive turn for production helped push oil prices lower in early trading 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		Hess: North Dakota ready once oil prices recover The oil price recovery isn't quite strong enough to support a program targeting production growth from North Dakota, energy company Hess Corp. said ... more
				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

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.

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		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		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
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		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		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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Nigeria says to borrow from World Bank, China, Japan		American Indians united by oil pipeline fight		Oil-rich Alberta unveils jobs package		Gazprom gets permits for Turkish gas pipeline		Oil prices extend rally after ECB rate stand-still
Rig counts up, but still lower than last year		Texas energy sector teetering on recovery		House moves to hold oil, gas leases online		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

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