Oil and Gas News

September 16, 2016

Oil downturn nearly over, Norway says
Oslo, Norway (UPI) Sep 15, 2016
Though crude oil prices aren't expected to hit the $60 range until 2019, the Norwegian government said its economy has started to move out of a standstill. The Norwegian government's statistics office said weak economic growth in the latter half of 2016 has replaced an economic standstill, with gains in home-building and exports expected to provide a lift through early 2017. "The fall in oil prices that began in summer 2014 has exacerbated the downturn in petroleum industry investments, ... read more

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Sep 09

UN demands South Sudan cooperate on regional force The UN Security Council on Wednesday urged South Sudan's government to take immediate steps to allow a new regional force to deploy in Juba as it weighed imposing an arms embargo. ... more		Scotland keeps eye on EU, touts oil and gas performance While keeping its eyes on the European Union, the Scottish government touted the performance of North Sea energy in the era of lower oil prices. ... more		Canada: We must adapt to low growth The faster the economy of oil-rich Canada adjusts to slower growth, the more secure the situation will be, a senior central bank official said Wednesday. ... more
				Rosneft to go private by year's end Russian oil producer Rosneft is on pace to become a private enterprise by the end of the year, a Russian economic official declared Thursday. ... more		Mexico unveils new oil finds New discoveries made off the eastern coast of Mexico have the potential to produce more than 20,000 barrels of oil per day, the state energy company said. ... more

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

Shell leaves refinery business in Denmark For about $80 million in capital, Royal Dutch Shell said Thursday it was keeping its upstream Danish interests in check, but unloading a refinery operation. ... more		Traders selling dangerously dirty fuel across Africa: study European oil companies, especially Swiss commodity traders, are exploiting weak African fuel standards by selling toxic diesel and gasoline across the continent, a campaign group said Thursday. ... 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		Iran banking hobbled by Western reluctance to engage Despite hopes of a new dawn for Iran's economy after nuclear-related sanctions were lifted, major Western banks are reluctant to do business with the Islamic republic for fear of US retribution. ... more
				Senegal the next big thing in oil, company says Emerging oil and gas basins in and around the waters off the West African coast in Senegal are the world's next hot spots, an Australian energy company said. ... more		Industry stands for Dakota Access pipeline Industry leaders said moving forward with the Dakota Access pipeline is central to keeping the U.S. shale oil sector a strong component of the national economy. ... 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.

More for drillers in U.S. Gulf of Mexico The U.S. federal government said it plans to sell off millions of acres of offshore areas to drillers in an effort to stimulate domestic oil and gas production. ... more		Before energy exhibit, sanctions ease for Myanmar Months before planners hold an oil and gas exhibit there, the U.S. government said it was opening the economic doors for a reforming Myanmar. ... 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		The Next Sector To Recover From The Oil Price Crash 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 ... more
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		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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Balance sentiments pull oil prices lower		Hess: North Dakota ready once oil prices recover		OPEC revises Russian oil output estimate higher		Supply estimates drag oil prices lower early Monday		MEO Australia aims to focus more on Cuba
Grip tightens on Papua New Guinea gas		Millions paid to Kurds, oil player says		US seeks halt to work on pipeline opposed by Native Americans		Oil prices plummet after Thursday's spike		Potential for more oil found in British waters

Dakota pipeline protesters call for peace on judgment day

Payrolls down for shale-rich Texas

Energy sector job losses mount for Norway

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

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