Oil and Gas News

November 09, 2016

French major Total confirms Iranian gas agreement
Tehran (UPI) Nov 8, 2016
French energy company Total confirmed the signing of a preliminary arrangement to work alongside a Chinese company in producing offshore Iranian gas. Total signed a head of agreement deal with the National Iranian Oil Co. to help develop phase 11 of the South Pars natural gas complex in the Persian Gulf, the largest of its kind in the world. For Total, Chairman and CEO Patrick Pouyanne said it's a return to business that started more than 10 years ago. "Total is pleased that the discussi ... read more

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Nov 08

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Nov 03

BP to use hydraulic fracturing for Oman's gas British energy company BP said it extended an agreement in Oman to help develop a natural gas field that may require hydraulic fracturing to exploit fully. ... more		Steady U.S. gas prices mask underlying volatility Retail gasoline prices moved slightly lower on average over the last week, though U.S. infrastructure issues made for a volatile market, motor club AAA said. ... more		OPEC says climate effort won't quench oil thirst A global pact to battle global warming entered into force last week, but the latest long-term look into the energy market by the OPEC oil cartel sees climate change measures failing to quench the world's thirst for crude. ... more
				DONG Energy charts course out of oil and gas Danish energy group DONG Energy said that after gaining success from its renewable energy portfolio, it was leaving the oil and natural gas business behind. ... more		Oil-rich Norway running a deficit The Norwegian government said it was running a financial deficit for the second consecutive quarter largely because of declining revenue from petroleum. ... more

Alberta's economy turning corner Alberta's economy is turning the corner after low crude oil prices and May wildfires created headwinds, provincial leaders said while touting a jobs plan. ... more		British oil and gas sector pleads for help The British government needs to step in to help ease the pressure on investments in the North Sea brought on by lower oil prices, a trade body said. ... more		Ancient zircon data reveals tectonic origin of Earth's first continental crust Autonomous sub explores unexplored trench depths to reveal critical mineral clues Europe launches first geostationary atmospheric sounder to boost extreme weather forecasts		Oil-rich Iran wades into U.S. presidential race While its energy ties to the rest of the world could be impacted, an aide to Iran's ruling cleric said the two major U.S. presidential candidates are equally hostile. ... more
				North American rig counts improve The number of rigs actively exploring for or producing oil or natural gas in North America increased in October, oilfield services company Baker Hughes said. ... more		No apparent pipeline damage from Cushing earthquake There have been no reports of pipeline problems stemming from an earthquake in Oklahoma near the main U.S. oil storage hub in Cushing, a state agency 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

Gazprom could spend half a billion dollars on Turkey Russian natural gas company Gazprom could spend more than a half billion dollars on its latest pipeline efforts in Turkey, media reported Monday ... more		Oil prices up on OPEC rhetoric Crude oil prices moved higher in early Monday trading after verbal stimulus from OPEC emerged on the eve of the U.S. presidential election. ... more		UK opens competitive bid for GBP 75 million orbital cleanup mission UK invests $191 mn in European satellite firm Eutelsat Bearings Used in Space Technologies: Engineering for the Final Frontier		Cuban-focused oil company MEO Australia reinvents itself as Melbana Energy A company formerly known as MEO Australia said it would start trading under a name that better reflects its focus on emerging Cuban oil and gas developments. ... more
Algeria awards China contract to revamp refinery Algeria's state energy company Sonatrach on Sunday awarded the China Petroleum Engineering and Construction Corporation (CPECC) a 380-million-euro ($420-million) contract to renovate its Algiers refinery. ... more		Rogue militant attacks Nigerian oil pipeline A Nigerian militant group admitted to an attack on a crude oil export pipeline, but blamed a rogue member for violating a truce, a Nigerian newspaper reported. ... more		Cluster of seismic events strike shale-rich Oklahoma A cluster of seismic events in shale-rich Oklahoma culminated with a magnitude-4.5 quake early Wednesday morning, the USGS reported. ... more		Oil sector recovery in Texas elusive The pace of recovery in the exploration and production side of the energy industry in Texas has been relatively slow, a state economist said. ... more

	Colorado sees mixed support from oil and gas With mixed support coming from the oil and gas sector, Colorado's governor said his new budget proposal reflects an expected slow pace of economic growth. ... more		Alberta proposes limit on oil sands emissions Putting a limit on the amount of emissions coming from oil sands production would show Alberta can strike the proper environmental balance, its government said. ... more

France says Australia defence ties repaired after submarine row

Trump: U.S. to send Patriot missiles to Ukraine, EU to pay bill

Ukraine, Russia trade blows in escalating spy war

Iran emerges with claim of Pakistani pipeline interest		U.S. gasoline consumption at record highs		Oil and gas majors invest $1 billion in low-emission tech		Statoil moving quick on new oil field development		Marathon to expand rig work substantially
Mission accomplished, Lundin says		Mexican energy sector ripe for investment		Gazprom defends European gas position		Obama called to stop Dakota Access pipeline construction		Continental Resources takes loss, but raises production hopes

Apache Corp. lauding shale transformation

Altamira Technologies acquires APG

OPEC volatility spilling over to consumer gas prices

'Super emitters' are responsible for more than half of US methane emissions

French gas company enters former Soviet space

Leave Arctic oil and gas where it is, advocates say

Norway's Statoil says more oil coming by 2019

On GE, Baker Hughes says it's too early to say

BP confirms joint venture with Rosneft

Russia could miss some economic targets

Oil prices recover from steep losses

Shell rebounds as BG Group benefits set in

Oxy expands footprint in Permian shale

Mass arrest as North Dakota police, pipeline protesters clash

Oil prices stumble along with OPEC production proposal

Oil-rich Alberta lauds wildfire efforts

China oil giant Sinopec Q3 net profit jumps sixfold

Doubts, earnings pull oil prices lower

Oil, gas production linked to 20th-century LA quakes

West African oil ready to go, FAR Ltd. says

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