Oil and Gas News

October 04, 2016

Deepwater Horizon oil spill caused widespread marsh erosion
Durham NC (SPX) Oct 04, 2016
The Deepwater Horizon oil spill six years ago caused widespread marsh erosion that may be permanent in some places, according to a new Duke University-led analysis of 270 miles of the Louisiana, Mississippi and Alabama coasts. At the hardest-hit of 103 Natural Resource Damage Assessment (NRDA) sites, where oil covered more than 90 percent of plants' stems, widespread die-off of grasses at the marsh edge occurred, followed by up to two years of accelerated erosion as dying plant roots lost their gr ... read more

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BP: Let nature run its course with North Sea oil spill While it's too early to offer an estimate on volumes, British oil company BP said Monday it would let oil spilled in the North Sea disperse naturally. ... more		OPEC-fueled rally in oil prices spills into October Market sentiment prevailed over analyst pessimism to carry a rally sparked by the latest maneuvering from OPEC into the first trading day for October. ... more		Carnival to power cruise ships with LNG Maritime travel company Carnival Corp. said Monday it signed a deal to power its cruise ships with liquefied natural gas from Dutch energy company Shell. ... more
				Marathon Oil sells U.S. acreage U.S. energy major Marathon Oil said Monday it signed a deal to sell off some of its non-core assets in the southern United States for $235 million. ... more		Chevron: Wreckage from offshore Angola found A subsidiary of Chevron said search teams found some of the wreckage of a helicopter that crashed offshore Angola last month with six people on board. ... more

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

Russian oil company shares up on privatization talk Shares in Russian oil company Bashneft spiked in Monday trading on word the company may go private in a matter of weeks, Russian media reported. ... more		Russian deficit hinges on oil privatization The budgetary strains dragging on the Russian economy could be relieved in part through the privatization of oil companies, a minister said Friday. ... 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		Oil prices extend rally into third straight session Crude oil prices started Friday in a weak rally as market sentiments offset analyst expectations about production talks that sparked a surge earlier this week. ... more
				Lundin: More hope for Barents Sea reserves New drilling operations in the Barents Sea confirmed the possibility exists for the region to be a commercial success, Lundin Petroleum said. ... more		New Norwegian energy major emerges A company that moves under the umbrella of British energy company BP said a merger that creates a new Norwegian energy major closed as of Friday. ... more

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

Nuclear Plant Digitalization Conference - Nov 15-16 - Charlotte NC USA

Tullow covered for more losses offshore Ghana Insurance will cover the loss of production and claims regarding the interruption of business at one of West Africa's biggest oil fields, Tullow Oil said. ... more		India investing in offshore reserves India's oil and gas corporation said Friday it was planning to spend just over $5 billion to develop reserves locked in deep national waters. ... 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		Analysts: OPEC cap more show of force than game-changer A move by OPEC to call for a cap on oil production shows the group is still relevant, though the decision doesn't do much for market dynamics, analysts said. ... more
British energy group pleads for support Oil and gas exploration activity off the British coast is at a record low and the government needs to step in with its full weight, an industry body said. ... more		U.S. aims to protect marine ecosystems from offshore work The U.S. government said it was offering up new proposals aimed at protecting marine mammals and coastal environments from some offshore energy work. ... more		Texas energy sector remains depressed Remnants of a slump in the oil and gas sector are still evident in the Texas economy even as signs of improvement emerge, a bank survey found. ... more		Statoil asked for quick response to oil spill probe Norwegian energy company Statoil has about a month to explain how it will address deficiencies that led to a minor oil spill last year, a regulator said. ... more

	Weatherford cheated investors, SEC says Oilfield services Weatherford International agreed to pay a penalty to settle charges it inflated its earnings reports to align with projections, the SEC said. ... more		Maersk taps into giant British gas field Danish energy company Maersk Oil said it started drilling the first production well from a field that's expected to meet 5 percent of British demand for 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

Where will oil prices go after Algiers		Shell adds capacity to Gulf of Mexico portfolio		Jordan secures contract for gas from Israel's Leviathan field		Oil price rally stalls day after OPEC maneuvering		Chevron searching for bodies after crash offshore Angola
Saudi navy to hold Gulf exercises amid Iran tensions		Record demand, pipeline issues pull gas prices higher		Amid freeze talks, Russia expects more oil production		Russian investigative journalist says attacked in Siberia		Low growth estimate from WTO pulls oil prices lower

Vitol unloads Texas shale interests

Norwegian company closing down gas field

Growth rate cut for one of OPEC's newest members

Giant Kazakh oil field to be in production by year's end

Canada approves $36 bn LNG project, eyes Asia

French energy company grabs Chinese gas agreement

Evidence of well water contamination in Eagle Ford Shale region

Nigerian oil export pipeline attacked

U.N. steps into Dakota oil pipeline fight

Satellites help link Texas earthquakes to wastewater injection

Texas oil production up slightly from early summer

Russia: Oil production freeze not essential

Pemex tanker listing after fire in Gulf of Mexico

Peruvian authorities report two oil spills in Amazon

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

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