Oil and Gas News

October 07, 2016

British shale gas work gets the green light
Washington DC (UPI) Oct 05, 2016
Industry appeals to local challenges to hydraulic fracturing operations were upheld and that work can now proceed, the British government said Thursday. The British Department for Communities and Local Government sided in favor of oil and gas companies, issuing a 600-page ruling that said shale natural gas work in the country was a national interest. "The need for shale gas exploration is a material consideration of great weight in these appeals, but that there is no such government supp ... read more

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Oct 06

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Oct 03

Oct 01

U.S. importing more OPEC oil Even with a change in laws that allow for exports, total U.S. crude oil imports increased with net gains coming from OPEC nations, government data show. ... more		Another day, another oil price rally Crude oil prices rallied strongly at the start of trading Thursday on the back of shifting sentiment in the wake of last week's OPEC agreement in Algeria. ... more		World Bank: Middle East oil exporters face low growth Oil exporters in the Middle East and North Africa are expected to show lackluster economic growth because of lower oil prices, the World Bank said. ... more
				Mexico, U.S., join hands offshore Regional cooperation is a critical component for the shared environmental objectives on energy work in the Gulf of Mexico, U.S. and Mexican officials said. ... more		Direct utilization of elemental sulfur for microporous polymer synthesis Methane, a primary component of natural gas, has emerged recently as an important energy source, largely owing to its abundance and relatively clean nature compared with other fossil fuels. In order ... more

Most of Sudan's oil opportunities have vanished, IMF says Fragility in Sudan brought on by regional conflicts is exacerbated by the loss of most of its oil export potential, the International Monetary Fund said. ... more		Alaska gushes over new oil discovery in the North Slope Alaska Gov. Bill Walker said commitments to the state energy sector have paid off in the form of a major oil discovery in the state's North Slope region. ... more		Ivory Coast farmers hope tech tempts jaded youth back to fields Tajikistan's apricot farmers grapple with climate change Drought-hit Serbian raspberry farmers fear 'catastrophic' future		Iran touts new contracts for domestic oil companies Iran is on its way to reaching its production goals for the 2020s with the start of operations at oil fields under a new contract model, the government said. ... more
				Venezuela to discuss Algerian oil accord with Russia Talks with Russian officials this week could add additional weight to an oil production agreement reached last week in Algeria, Venezuela's president said. ... more		Russia sets eyes on Baltic energy market Russian energy company Gazprom is reviewing options for highly maneuverable gas shipments from Baltic states aside from pipeline commitments, an official said. ... 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

No apparent end to rally in crude oil prices Crude oil prices soared to near record territory for the year in early Wednesday trading following industry reports of a sizeable drop in oil inventory levels. ... 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		Astronauts from US, India, Poland, Hungary on SpaceX capsule return to Earth Skimming the Sun, probe sheds light on space weather threats Space Forge and Intuitive Machines team up to boost US orbital chip production		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		No sign of normal slump in retail gas prices Problems with energy infrastructure in the United States and production considerations from OPEC mean delays in expected declines in gas prices, AAA said. ... 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		Transocean resurrects idled rig at lower day rate Rig company Transocean reported a new contract emerged for a long-idled rig, but reported the lease rate came in far below the previous contract. ... more

	Oil continues to rally against analyst warnings Threats from the latest storm system in the Atlantic were enough to push a rally in oil prices into another day Tuesday even as supplies elsewhere look to build. ... more		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

Patriot air defences for Ukraine: Useful but no panacea

Iran says no nuclear talks if US insists it stop enrichment

China's Xi vows greater support for Russia as meets Lavrov

Iran expects new oil contracts signed by March		Wildfire financial relief expiring in Alberta		Deepwater Horizon oil spill caused widespread marsh erosion		BP: Let nature run its course with North Sea oil spill		Russian deficit hinges on oil privatization
Oil prices extend rally into third straight session		Lundin: More hope for Barents Sea reserves		New Norwegian energy major emerges		Tullow covered for more losses offshore Ghana		India investing in offshore reserves

Analysts: OPEC cap more show of force than game-changer

British energy group pleads for support

U.S. aims to protect marine ecosystems from offshore work

Texas energy sector remains depressed

Statoil asked for quick response to oil spill probe

Weatherford cheated investors, SEC says

Maersk taps into giant British gas field

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

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