Oil and Gas News

September 27, 2016

Frack Sand: The Unsung Hero Of The OPEC Oil War
London, UK (SPX) Sep 26, 2016
The late-2014, Saudi-initiated oil-price war may have taken the 'boom' out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has proven amazingly resilient. The industry has adapted quickly to the new playing field, and the unsung hero of a new uptick in drilling and investment isn't just true grit-it's sand. The Saudi victory is equally dulled by the fact that it was not a decline in US shale production that rebalanced supply and d ... read more

Previous Issues

Sep 26

Sep 24

Sep 23

Sep 22

Sep 21

Anxiety enough to push oil prices higher Crude oil prices inched higher in early trading Monday even as Iran dismissed any idea of coordinated action by major producers to stimulate the market. ... more		US and regional powers urge Libya not to fight over oil The world powers that support Libya's fledgling government urged the country to unite Thursday as rival armed groups jockey for control of its oil exports. ... more		Multilateral support for more Libyan oil Plans by Libya to increase oil production and exports to the global market are a welcome step toward stability, a multilateral statement read. ... more
				Exxon settles over 2011 Yellowstone River oil spill Exxon Mobil under the terms of a joint agreement settled for $12 million for the 2011 oil spill that spoiled a section of the Yellowstone River, officials said. ... more		Eni adds renewable energy to Algerian portfolio Italian energy company Eni said it was extending its pioneering work in Algeria by becoming the first company to wade into the solar energy field. ... more

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

Crude oil riding the Yellen train Crude oil prices moved higher in early Thursday trading after strong labor data from the United States lent support to a possible rate hike later this year. ... more		Norway leaves rates unchanged 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. ... 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		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

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

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		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		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		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

	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

Ukraine 'shouldn't target' Moscow: Trump

Trump gives Russia 50 days to make Ukraine deal

Pentagon inks contracts for Musk's xAI, competitors

Oil leaving Libyan ports		India's government backs gas pipeline build		Russian public disenchanted, ratings agency says		Seasonal slide in gas prices delayed		Oil prices down as balance sentiment fades
Norway sees oil production drop		Iran, Cuba tout economic resilience		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

Scotland keeps eye on EU, touts oil and gas performance

Canada: We must adapt to low growth

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

Iran banking hobbled by Western reluctance to engage

Senegal the next big thing in oil, company says

Industry stands for Dakota Access pipeline

More for drillers in U.S. Gulf of Mexico

Before energy exhibit, sanctions ease for Myanmar

Supply factors pull oil prices lower early Friday

New oil and gas find in Norwegian waters

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.