Oil and Gas News

October 13, 2016

Construction resumes on controversial US oil pipeline
Chicago (AFP) Oct 12, 2016
The Native American tribe at the center of protests against an oil pipeline in North Dakota reacted angrily Wednesday to the resumption of construction on lands the tribe considers sacred. The US government has twice asked the operators of the Dakota Access Pipeline to voluntarily pause construction near the tribe's reservation, while authorities reconsider the pipeline's route. The latest request came Monday, after a weekend appellate court decision refusing to compel Energy Transfer Partners ... read more

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Kremlin could release share in oil company Russian media reports oil company Rosneft could close on its deal to purchase its smaller rival, Bashneft, at some point on Wednesday. ... more		OPEC data show a cut is necessary to meet Algerian A production cut from members of the Organization of Petroleum Exporting Countries would be needed to meet an Algerian proposal, OPEC's monthly report found. ... more		For How Long Can OPEC Talk Up Oil Prices? Not a day passes without OPEC making oil and gas For How Long Can OPEC Talk Up Oil Prices?s, and today is surely no exception. Seemingly in lockstep with OPEC, the market is once again pacified on t ... more
				Oil prices turn south as data trumps rhetoric Crude oil prices made a U-turn in early Wednesday trading after monthly data show a lingering gap between global supply and demand. ... more		Expect more from Iraq, oil company says New production activity at oil wells in the Kurdish north of Iraq should boost production capacity by about 10 percent, Norwegian company DNO said. ... more

Concerns raised over Dakota Access pipeline "riots" Aggressive action from those opposed to building the Dakota Access pipeline project is out of step with conventional protest action, an energy coalition said. ... more		Canada says oil pipeline capacity lacking Oil transportation from the Canadian market remains dependent in part on rail transport because of insufficient pipeline capacity, a federal report said. ... more		ICEYE satellite data accelerates flood relief in southern Brazil Massive Boulders Ejected During DART Mission Complicate Future Asteroid Deflection Efforts Peatland restoration shows measurable climate benefits in under a decade		BP abandons Great Australian Bight drill plans British oil giant BP Tuesday ditched plans to drill in the Great Australian Bight after reviewing its global exploration programme, a decision environmentalists hailed as a victory for the pristine wilderness. ... more
				Shale gas not EPA has pushed decline in coal-generated electricity Cheap shale gas produced by fracking has driven the decline in coal production in the United States during the last decade, researchers at the Great Lakes Energy Institute at Case Western Reserve Un ... more		Saudi energy company courts Turkish players Saudi Arabia's energy company said it reached a series of agreements in the Turkish energy market that could double the amount of energy-related goods produced. ... 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

Russia backs Algerian and Turkish oil sectors Russia media reported Monday the country is in line to join an oil production curtailment agreement proposed last month by OPEC members in Algeria. ... more		U.S. oil sector rising; Alberta recovering The amount of activity in the exploration and production side of the U.S. oil and gas sector suggests declines have bottomed out, an industry report said. ... more		Space Forge and Intuitive Machines team up to boost US orbital chip production New Martian rock reveals clues about volcanic history on the Red Planet Six Chinese universities to launch new low altitude space major this fall		Oil prices relatively flat, awaiting next move Anticipation building ahead of key market indicators this week weighed against mixed oil production signals to give oil yet another shot at a rally Tuesday. ... more
Statoil to start new survey of Johan Sverdrup A petroleum regulator in Norway gave consent to Statoil to start new surveys in the Johan Sverdrup field, one of the larger new developments in the region. ... more		Energy efficiency accelerates despite low oil prices: IEA Energy efficiency accelerated last year despite low oil prices, according to a report from the International Energy Agency published Monday, driven in large part by gains in China. ... more		US government again seeks halt of pipeline opposed by Native Americans The US government reiterated its request Monday that construction of an oil pipeline in North Dakota be paused, while authorities consider the impacts of its route on a Native American tribe. ... more		Scotland says 'no way' to controversial gas option Gas derived from underground coal deposits will have no place in a greening Scottish economy, the country's minister for energy announced. ... more

	OMV closes on sale of stake in bright North Sea prospect Austrian energy company OMV said it sold off some of its stake in a North Sea oil and natural gas project to a Canadian rival to streamline its portfolio. ... more		Crude oil prices stand still after long rally Crude oil prices started Friday in relatively flat territory as investors searched for clues in the latest monthly jobs data from the United States. ... more

Airbus to develop advanced PAZ-2 radar satellites for Spanish defence and civil operations

Rocket Lab partners with Bollinger Shipyards to transform Neutron sea recovery platform

Russia fires 136 drones at Ukraine ahead of Trump-NATO head meeting

Baker Hughes: North America showing recovery		British shale gas work gets the green light		Most of Sudan's oil opportunities have vanished, IMF says		Alaska gushes over new oil discovery in the North Slope		Iran touts new contracts for domestic oil companies
Venezuela to discuss Algerian oil accord with Russia		Russia sets eyes on Baltic energy market		No apparent end to rally in crude oil prices		U.S. importing more OPEC oil		Another day, another oil price rally

World Bank: Middle East oil exporters face low growth

Mexico, U.S., join hands offshore

Direct utilization of elemental sulfur for microporous polymer synthesis

OPEC-fueled rally in oil prices spills into October

Carnival to power cruise ships with LNG

Marathon Oil sells U.S. acreage

No sign of normal slump in retail gas prices

Chevron: Wreckage from offshore Angola found

Transocean resurrects idled rig at lower day rate

Oil continues to rally against analyst warnings

Russian oil company shares up on privatization talk

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

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