Oil and Gas News

November 16, 2016

Dakota Access pipeline delayed
Washington (UPI) Nov 15, 2016
A federal decision on the Dakota Access pipeline shows Washington is listening, though parties to the debate differed on the wisdom of that attention. The U.S. Army Corps of Engineers said further review was needed in order to assess tribal interests associated with the construction of the last few hundred feet of the Dakota Access pipeline. The decision means pipeline consortium Energy Transfer Partners is delayed in the construction of a $3.7 billion pipeline meant to carry hundreds of thousa ... read more

Previous Issues

Nov 15

Nov 14

Nov 11

Nov 10

Nov 09

Cheaper, more effective cleanup of abandoned oil and gas wells Abandoned oil and gas wells are a significant source of greenhouse gases but there are so many scattered across the United States that stopping the leaks presents a huge cost for states. Now, a rese ... more		Australia's Woodside expands gas portfolio Australian energy company Woodside Petroleum said it was adding more natural gas assets to its domestic portfolio after a deal with BHP Billiton. ... more		Relief finally coming at the U.S. gas pump Seasonal trends are finally catching up with U.S. commuters who are starting to see a steady decline in gasoline prices, motor club AAA said in a market report. ... more
				U.S. drillers focus sights on Permian shale U.S. energy strategies are coalescing around the Permian shale basin in Texas and New ... more		OPEC's Bearish Report Provides Little Hope For Oil Markets Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a new market whammy, offering up the cartel's production figure ... more

UN chief calls for 'elimination' of fossil fuel subsidies UN chief Ban Ki-moon called Tuesday for the "elimination of fossil fuel subsidies" to accelerate the transition to clean energy for the sake of the planet. ... more		Oil prices rise on latest verbal stimulus A rally in crude oil prices was fed by the latest frenzy over OPEC production rhetoric, which overshadowed European reports Tuesday of stagnant economic growth. ... 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		Study links groundwater changes to fracking A new study has found heightened concentrations of some common substances in drinking water near sites where hydraulic fracturing has taken place. The substances are not at dangerous levels and thei ... more
				Australia's LNG sector is booming Higher export volumes and energy market recovery means the liquefied natural gas sector in Australia is booming, consultant group EnergyQuest said. ... more		Oil trader Trafigura Group jockeys for more transparency Oil trader Trafigura Group said it was leading the industry in transparency initiatives by disclosing how much money it paid to governments last year. ... 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

Russian Central Bank anticipates $40 per barrel oil The probability of another drastic collapse in oil prices is low, through recovery won't be substantially above current rates, Russia's Central Bank chief said. ... more		Oil prices inch lower as pessimism gains traction Market pessimism spilled over into Monday as doubts over production arrangements and slight declines in exploration and production brought oil prices lower. ... 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		Nearly two dozen tremors recorded in Oklahoma in a week Following a cluster of events near Oklahoma shale basins, data from the U.S. Geological Survey show nearly two dozen small tremors in the last week. ... more
Oil taking on green sheen The companies that drill black gold are going a little bit green: taking stakes in renewable energies that are growing rapidly, enabling oil firms to diversify revenue and show commitment to fighting climate change. ... more		Can Oil Markets Survive An OPEC Implosion A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordination could be at yet another impasse ... more		New maps created by Stanford scientists reveal safe locations for wastewater injection Stanford geophysicists have compiled the most detailed maps yet of the geologic forces controlling the locations, types and magnitudes of earthquakes in Texas and Oklahoma. These new "stress m ... more		Oil prices sharply lower on OPEC production A reported increase in production from OPEC and an assessment of a standstill global economy sent crude oil prices sharply lower in early Friday trading. ... more

	Israel's Delek examines offshore Canada Israeli conglomerate Delek Group confirmed it secured the rights to explore for reserves in the deep waters off the coast of Newfoundland. ... more		Profits for Russian oil giant Rosneft tumble Pointing to ongoing pressures from the weak oil economy, Russian oil company Rosneft said its profit for the third quarter dropped more than 70 percent. ... 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

E.ON reaches milestone with English Channel wind far		Oil-rich Alberta sees trade potential with Asia		Mixed support for Trump's potential energy policiesw		Russian oil producer boasts of gains		Oklahoma's economy showing modest gains
Oil prices follow markets lower after Trump win		IEA's dour view sinks oil prices		Tullow lowers expectations for West African oil		Iraqi-focused DNO oil company turns a profit		UN renews Eritrea sanctions despite push by China for lifting

Alberta lauds U.S. energy ties, but defends NAFTA

Alberta's economy turning corner

Weatherford boss steps down

TAQA reports steep drop in revenue

French major Total confirms Iranian gas agreement

BP to use hydraulic fracturing for Oman's gas

Steady U.S. gas prices mask underlying volatility

OPEC says climate effort won't quench oil thirst

British oil and gas sector pleads for help

DONG Energy charts course out of oil and gas

Oil-rich Norway running a deficit

Oil-rich Iran wades into U.S. presidential race

North American rig counts improve

No apparent pipeline damage from Cushing earthquake

Gazprom could spend half a billion dollars on Turkey

Oil prices up on OPEC rhetoric

Cuban-focused oil company MEO Australia reinvents itself as Melbana Energy

Algeria awards China contract to revamp refinery

Rogue militant attacks Nigerian oil pipeline

Cluster of seismic events strike shale-rich Oklahoma

Buy Advertising

Media Advertising Kit

Editorial & Other Enquiries

Privacy statement

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.