Oil and Gas News

October 18, 2016

Russia eyes gas shipments to India
Goa, India (UPI) Oct 17, 2016
The Russian and Indian governments may be interested in working together on getting natural gas piped from the former to the latter, a joint statement read. Russian natural gas company Gazprom sent delegations to a summit for five major emerging national economies: Brazil, Russia, India, China and South Africa. During a signing ceremony in India, held in the presence of Russian President Vladimir Putin, the energy company signed a memorandum of understanding related to natural gas. "The ... read more

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British energy supplier SSE loosens grip on gas business British energy supplier SSE said it agreed to sell off a portion of its regional gas distribution business to an Abu Dhabi investment entity. ... more		Oil prices lower as U.S. industrial production shows gain Signs of growing confidence in the U.S. economy and building supplies elsewhere pulled oil prices lower early Monday despite conflict in OPEC states. ... more		France orders additional offshore support vessels Kership, a joint Piriou-DCNS shipbuilding company in France, is to build two additional offshore support and rescue vessels for the French navy. ... more
				More gas found in North Sea A Norwegian regulator said a discovery of mostly natural gas was made in part of the North Sea not previously known to hold natural reserves ... more		Fitch Ratings latest to grimace at Nigeria's economy Contraction in the Nigerian economy, brought on in part by weaker oil prices, may make it difficult for the government to control its debt, Fitch Ratings said. ... more

Iranian crude oil production rising With the door opening to foreign energy investors, Iran's oil minister said the country's total crude oil production is rising to pre-sanctions levels. ... more		Natural gas hydrate in the foraminifera Natural gas hydrates are clathrate hydrates that consist of water molecules and natural gas molecules (major constituent: methane). They are mainly distributed along continental slopes of the oceans ... 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		More oil pending from Angola Italian energy company Eni said it was one step closer to its goal of pulling more oil from Angola with the pending launch of an offshore production facility. ... more
				Kashagan crude oil ready for exports The first batch of crude oil from the giant Kashagan oil field off the coast of Kazakhstan has been processed and destined for exports, an operator said. ... more		Georgia, a former Soviet republic, joins European energy treaty Europe is laying a broader foundation under its collective energy system with a partnership with Georgia, a former Soviet republic, 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

Oil prices inch lower after concluding statement from OPEC Crude oil prices drifted lower from the previous session at the start of Friday trading even after positive production talks in Istanbul from OPEC members. ... more		Support offered to online energy auctions in face of fierce protests Protests against a North Dakota oil pipeline that some authorities have said are violent supports a push to hold oil and gas leases online, backers said. ... 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		Alberta looks for better gains from natural reserves Alberta needs a forward-looking strategy to make the most out of its vast wealth of natural resources for the sake of the economy, provincial leaders said. ... more
British government sees future potential for shale oil Shale oil has a place in the British energy mix, but exploitation will require environmental safeguards and industry expertise, a government agency said. ... more		Russia hopes for credit rating upgrade The Central Bank of Russia said Thursday there was reason to be optimistic about an upgrade to its credit rating given the pace of economic recovery. ... more		Today is Oilfield Prayer Day in Oklahoma According to a proclamation made by the state governor, Thursday marks a day of prayer for the oil sector in the shale-rich state of Oklahoma. ... more		No clear direction for oil prices after mixed EIA report Crude oil prices searched for direction in early Thursday trading after the U.S. market turned back toward the supply side, though China showed higher demand. ... more

	Maersk Oil hires Lloyd's Register for guidance Business service group Lloyd's Register said it was hired by Danish energy company Maersk Oil to support risk assessment for offshore operations. ... more		Chevron confirms Bangladesh interests may be for sale Addressing growing speculation, Chevron said Thursday it would only proceed with a sale of its interests in Bangladesh if it can get a good value in return. ... 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

Construction resumes on controversial US oil pipeline		Kremlin could release share in oil company		OPEC data show a cut is necessary to meet Algerian		For How Long Can OPEC Talk Up Oil Prices?		Oil prices turn south as data trumps rhetoric
Expect more from Iraq, oil company says		Concerns raised over Dakota Access pipeline "riots"		Canada says oil pipeline capacity lacking		Saudi energy company courts Turkish players		Russia backs Algerian and Turkish oil sectors

U.S. oil sector rising; Alberta recovering

Oil prices relatively flat, awaiting next move

Statoil to start new survey of Johan Sverdrup

Energy efficiency accelerates despite low oil prices: IEA

US government again seeks halt of pipeline opposed by Native Americans

BP abandons Great Australian Bight drill plans

Shale gas not EPA has pushed decline in coal-generated electricity

Scotland says 'no way' to controversial gas option

OMV closes on sale of stake in bright North Sea prospect

Crude oil prices stand still after long rally

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

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