Oil and Gas News

September 29, 2016

Saudi navy to hold Gulf exercises amid Iran tensions
Riyadh (AFP) Sept 28, 2016
Saudi Arabia's navy will hold exercises in the Gulf and the strategic Strait of Hormuz early next week, the navy chief said on Wednesday, as tensions simmer with Iran. Exercise "Gulf Shield 1" will also take place in the Sea of Oman, with ships, planes, marines and other personnel taking part, said Royal Saudi Navy commander Abdullah al-Sultan. Sunni-dominated Saudi Arabia and Shiite Iran - which lie on opposite sides of the Gulf - have no diplomatic relations and are at odds over regional iss ... read more

Previous Issues

Sep 28

Sep 27

Sep 26

Sep 23

Sep 22

Record demand, pipeline issues pull gas prices higher Following a robust month for demand, an expected drop in U.S. retail gasoline prices was delayed by pipelines issues in the south, a market report said. ... more		Amid freeze talks, Russia expects more oil production An official at Russian oil company Rosneft said oil production from a field in the Far East could increase by as much as 20 percent next year. ... more		Russian investigative journalist says attacked in Siberia Russian investigative journalist Grigory Pasko, who was jailed for espionage for exposing radioactive pollution by the navy, said Tuesday he was hit on the head by unidentified attackers in Siberia. ... more
				Low growth estimate from WTO pulls oil prices lower Crude oil prices moved lower in early Tuesday trading amid dimming prospects for an oil production agreement in Algeria and a drop in global growth estimates. ... more		Vitol unloads Texas shale interests Global energy trader Vitol said it was leaving Texas shale in good hands following a sale of its holdings to pipeline operator Sunoco Logistics. ... more

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

Norwegian company closing down gas field Norwegian energy company Statoil said it pulled out of a rig contract early as decommissioning of a North Sea gas field moves ahead of schedule. ... more		Growth rate cut for one of OPEC's newest members The economy of Indonesia, one of the newest members of OPEC, is on the decline, but could recover as policy reforms take hold, the Asian Development Bank said. ... more		Ash improves methane yield and fertilizer value in biogas systems Bio-oil from agricultural and forest waste could help seal abandoned oil wells and store carbon Rice researchers turn wasted data center heat into clean power		Giant Kazakh oil field to be in production by year's end A spokesperson for a company overseeing the giant Kashagan oil field in the Kazakh waters of the Caspian Sea said production will resume by year's end. ... more
				Canada approves $36 bn LNG project, eyes Asia Canada approved on Tuesday a massive Can$36 billion ($27 billion USD) project by Malaysia's Petronas to build a liquefied natural gas pipeline along its Pacific Northwest coast, targeting Asian markets. ... more		French energy company grabs Chinese gas agreement French energy company ENGIE said it was enhancing its position in the market for liquefied natural gas by securing an agreement with partners in China. ... 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

Chevron searching for bodies after crash offshore Angola At least four people are dead and two are unaccounted for after a helicopter crashed on its way to an oil platform offshore Angola, Chevron confirmed. ... more		Evidence of well water contamination in Eagle Ford Shale region Chemists have found signs of contamination in well water samples collected throughout the Eagle Ford Shale region in Texas. ... more		First Tranche 1 satellites launched for Space Development Agency network ICEYE unveils ISR Cell to deliver space intelligence at tactical scale Satlink joins Rivada to deliver secure satellite connectivity for defense and enterprise		Nigerian oil export pipeline attacked A militant group in the oil-rich Niger Delta region of Nigeria said it was answering statements from Abuja on mediation by bombing a main oil export pipeline. ... more
U.N. steps into Dakota oil pipeline fight The U.S. government is called on to stop the construction of the Dakota Access oil pipeline because of threats to the aboriginal community, a U.N. envoy said. ... more		Satellites help link Texas earthquakes to wastewater injection A 4.8 magnitude earthquake that rattled residents and damaged buildings in East Texas in 2012 was triggered by the injection of large volumes of wastewater from oil and gas activities into rocks dee ... more		Texas oil production up slightly from early summer Texas crude oil production data show some recovery under way, though output is still lower than last year, a state regulatory agency reported. ... more		Russia: Oil production freeze not essential It's not essential to use artificial action on the energy market to correct the imbalance between supply and demand, Russia's energy minister said from Algeria. ... more

	Pemex tanker listing after fire in Gulf of Mexico In the latest in a string of accidents, a Mexican oil company said insurance companies are ready to act and investigators are on scene after a fuel tanker fire. ... more		Peruvian authorities report two oil spills in Amazon Peruvian officials reported two new oil spills in the country's Amazon on Sunday, bringing this year's total to seven. ... more

Romania says Russian drone breached its airspace

MSBAI wins DoD contract to accelerate OrbitGuard for space situational awarenes

AI powered SAR imagery analysis tool launched by SATIM and ICEYE

Rig company Lamprell gets crack at Johan Sverdrup		Frack Sand: The Unsung Hero Of The OPEC Oil War		Norway leaves rates unchanged		Iraq-focused Gulf Keystone Petroleum ready to rise		Helicopter safety on Statoil's radar after fatal April accident
No oil production cuts on table, Russia says		Rig builder Lamprell said it's able to weather the storm		Tullow: Losses from fault at Ghanaian oil field covered		Maersk splits in two		Anxiety enough to push oil prices higher

US and regional powers urge Libya not to fight over oil

Multilateral support for more Libyan oil

Exxon settles over 2011 Yellowstone River oil spill

Eni adds renewable energy to Algerian portfolio

Crude oil riding the Yellen train

Fossil fuel reserves would crush climate goals: report

Scotland offers assurances to energy sector

Norway sees sustained interest in offshore reserves

Oil prices rally on inventory data

Russia lays plans for oil in Caspian Sea

Alaska to ship LNG by rail

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

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