Oil and Gas News

September 19, 2016

Three new oil sands projects approved in Alberta
Edmonton, Alberta (UPI) Sep 16, 2016
Three new oil developments in the Fort McMurray area could add up to 95,000 barrels of oil per day to current output, Alberta's government said. The provincial government approved three oil sands developments, two of which involved the use of steam stimulation. Collectively, the government said the projects represent about $3 billion in investments into Alberta's economy. They each fall under a new scheme aimed at limiting the amount of greenhouse gas emissions associated with oil sands develop ... read more

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Sep 12

Statoil completes sale of Marcellus acreage Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia. ... more		Russia bases economic forecast on $40 oil The Russian Central Bank said Friday it was lowering its key rate because of the potential for slow economic growth and oil priced around $40 per barrel. ... more		Supply factors pull oil prices lower early Friday The prospects of growing supplies of oil on the market offset the latest OPEC chatter on rebalancing efforts to push oil prices lower in early Friday trading. ... more
				New oil and gas find in Norwegian waters Finding more oil and natural gas in mature areas of the North Sea confirm the staying power of operations in Norwegian waters, an explorer said. ... more		Moroccan gas work returns after seismic event A natural gas pipeline in Morocco, interrupted by seismic activity, has been completed and related production has resumed, a company said Friday. ... more

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

Poyang Lake looks like giant oil spill in latest ESA image The largest freshwater lake in China looks like a giant oil spill through the eyes of the European Space Agency's Copernicus Sentinel satellite. ... more		Oil downturn nearly over, Norway says 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. ... 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		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

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.

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		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		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		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

	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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

The Next Sector To Recover From The Oil Price Crash		Kiev vows to avoid Russian gas pressures		Oklahoma ramps up energy response to earthquakes		Statoil revives plans for offshore giant		Upstream energy sector crumbling
Spare Libyan oil, NATO allies say		Modest spike for gas prices before fall drop off		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

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