Oil and Gas News

September 26, 2016

Norway leaves rates unchanged
Oslo, Norway (UPI) Sep 22, 2016
The central bank for the oil-rich economy in Norway said Thursday it was keeping its key policy rate unchanged, reflecting a steady level for crude oil prices. Executive board members at Norge Bank left the benchmark rate unchanged at 0.5 percent. "Our current assessment of the outlook suggests that the key policy rate will most likely remain at today's level in the period ahead," Bank Gov. Oystein Olsen said in a statement. In defending the move, the bank said oil prices are rela ... read more

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Sep 21

Sep 20

Iraq-focused Gulf Keystone Petroleum ready to rise Iraq-focused oil player Gulf Keystone Petroleum said it was on the cusp of recovery with its strong position in a field that was doing better than expected. ... more		Helicopter safety on Statoil's radar after fatal April accident Norwegian energy company Statoil said it would learn from the lessons on stove-piping after publishing findings from a fatal April offshore accident. ... more		No oil production cuts on table, Russia says Russia's energy minister said Thursday there are no proposals on the table to cut crude oil production, though a move to hold levels steady is under review. ... more
				Rig builder Lamprell said it's able to weather the storm Rig builder Lamprell said it was able to post a profit during a rough patch for the industry and was in a strong position to ride out the oil market storm. ... more		Tullow: Losses from fault at Ghanaian oil field covered Tullow Oil, a company operating one of the larger oil fields offshore West Africa, said it was working to recoup losses from an equipment failure this year. ... more

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

Maersk splits in two Danish group A.P Moeller-Maersk said Thursday it was splitting the company in two, with its oil-related business spinning off to focus on the North Sea. ... more		Fossil fuel reserves would crush climate goals: report Developed oil, gas and coal reserves, if exhausted, are enough to push Earth well past the threshold for dangerous climate change, according to a report published 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		Scotland offers assurances to energy sector The Scottish government said Wednesday it would work to build confidence in the energy sector given the uncertainty tied to Britain's vote to leave the EU. ... more
				Norway sees sustained interest in offshore reserves Though slightly less than when compared with last year, the Norwegian government said it's still seeing interest in aging oil and gas deposits off its coast. ... more		Oil prices rally on inventory data Oil prices moved higher in early Wednesday trading after an industry report showed a large decline in crude oil inventories in the United States. ... 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.

6th Annual Modular Construction Summit for Oil and Gas Agenda - December 7-9 - Houston

Russia lays plans for oil in Caspian Sea Just days after reaching out to Iran, Russian energy Lukoil said it plans to start producing oil from territorial waters in the Caspian Sea. ... more		Alaska to ship LNG by rail On Tuesday, an Alaskan rail company said it will become the first of its kind in the United States to haul cargo of liquefied natural gas. ... more		Skimming the Sun, probe sheds light on space weather threats What Casino Games are Available at 1xBet India and How Many Can You Play? Astronauts from US, India, Poland, Hungary on SpaceX capsule return to Earth		Oil leaving Libyan ports A tanker filled with more than 700,000 barrels of oil has left Libya for Italy from a port closed for about two years, according to published reports Wednesday. ... more
India's government backs gas pipeline build The government in New Delhi said it was committed to covering about 40 percent of the capital investments needed to build natural gas links in the country. ... more		Russian public disenchanted, ratings agency says Frustration among the public in Russia may build ahead of the 2018 presidential contest as the government tries to adjust to low oil, a ratings agency said. ... more		Seasonal slide in gas prices delayed A problem with a pipeline in the southern United States in part caused a delay in the seasonal downturn for gasoline prices, a retail market report found. ... more		Oil prices down as balance sentiment fades Further support for sentiment that energy markets have slipped back toward the supply side pushed crude oil prices sharply lower in early Tuesday trading. ... more

	Norway sees oil production drop Total production of oil and natural gas liquids was down almost 10 percent, the Norwegian government said, though some of the decline was not market related. ... more		Iran, Cuba tout economic resilience The Iranian and Cuban economies have a long and successful track record of withstanding economic pressure from adversaries, Iran's president said from Havana. ... more

Ukraine 'shouldn't target' Moscow: Trump

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Pentagon inks contracts for Musk's xAI, competitors

Eni said it may be ready to pounce in Tunisia		Three new oil sands projects approved in Alberta		Statoil completes sale of Marcellus acreage		North Dakota shale on slow recovery		Texas economy still under pressure
Norway's Statoil opens Scottish office		Oil prices try to regain ground lost last week		New Zealand brushing off challenge of low oil prices		Oman giving up more oil		Russia bases economic forecast on $40 oil

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Rosneft to go private by year's end

Mexico unveils new oil finds

Shell leaves refinery business in Denmark

Traders selling dangerously dirty fuel across Africa: study

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New oil and gas find in Norwegian waters

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Oil downturn nearly over, Norway says

UN demands South Sudan cooperate on regional force

The Next Sector To Recover From The Oil Price Crash

Kiev vows to avoid Russian gas pressures

Oklahoma ramps up energy response to earthquakes

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