Oil and Gas News

November 18, 2016

Study Finds Widespread Land Losses from Gulf Oil Spill
Pasadena CA (JPL) Nov 18, 2016
Dramatic, widespread shoreline loss is revealed in new NASA/U.S. Geological Survey annual maps of the Louisiana marshlands where the coastline was most heavily coated with oil during the 2010 BP Deepwater Horizon oil spill in the Gulf of Mexico. Following the spill, the length of shoreline that receded more than 13 feet (4 meters) a year quadrupled compared to the year before the spill. The land losses occurred mainly in areas where oil had washed ashore during the spill. A research team led ... read more

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Nov 11

Texas' Wolfcamp shale reserve may be largest ever assessed in U.S. With renewed focus on Texas shale oil deposits, regional bankers said they were planning a regional joint economic conference to discuss a new energy reality. ... more		Expect more output next year, Canadian energy company says The largest oil and gas company in Canada, Suncor said its production could increase more than 10 percent next year while spending moves the other way. ... more		Russia stirs oil production proposal pot Talks over production levels are expected to yield positive results, including any talks with Iranian representatives gathered in Doha, a Russian minister said. ... more
				OPEC, Yellen give oil prices a lift Upbeat assessments about the pace of growth for the U.S. economy and a build in momentum for an OPEC production deal pushed oil prices higher early Thursday. ... more		North Dakota oil production falls A regulator in North Dakota said low oil prices were in part behind the decline in crude oil production, last reported at its lowest level since early 2014. ... more

Safety regulator finds no issues with Johan Sverdrup An audit of elements of the early operations tied to infrastructure at the Johan Sverdrup oil field offshore Norway uncovered few issues, a regulator said. ... more		GE, Maersk team up on drilling technology A new data-driven drilling program could increase the productivity of operations for Danish company Maersk, a marine division of GE announced. ... 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		Last plea to Obama on offshore drilling limits Oil and gas exploration in the U.S. waters of the Atlantic Ocean may put some legacy economic interests at risk, a consortium of area businesses said. ... more
				Dakota Access pipeline delayed A federal decision on the Dakota Access pipeline shows Washington is listening, though parties to the debate differed on the wisdom of that attention. ... more		Investment penury risks new oil shock: IEA The lack of investment in new oil projects risks creating a new market upheaval in several years, the International Energy Agency warned on Wednesday. ... 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

Niger Delta Avengers strike again A group calling itself the Niger Delta Avengers said it was the one responding to terrorism and tyranny with its latest attack on crude oil export pipeline. ... more		Oil-rich Texas takes closer look at earthquakes With neighboring Oklahoma recording almost daily seismic events, an official in oil-rich Texas said he was looking closer for risks associated with energy. ... 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		Norway's DNO signs oil agreement with Iran Norwegian oil and gas company DNO said Wednesday it signed a memorandum of understanding to examine oil field development in Iran. ... more
Oil prices retreat after banner day With some contracts expiring, crude oil prices gave back some of the recent gains after industry data show the U.S. market still favors the supply side. ... more		Scientists find land-based birds affected by Deepwater Horizon oil spill Scientists have discovered evidence of Deepwater Horizon oil among land-based birds - a reminder of the far-reaching effects of the 2010 disaster. ... more		Oil market latest pressure for Dakota Access pipeline There are concerns about how exposed the Dakota Access oil pipeline is to financial risk in the energy market, a group with ties to climate research said. ... more		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		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

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

Relief finally coming at the U.S. gas pump		Oil prices rise on latest verbal stimulus		UN chief calls for 'elimination' of fossil fuel subsidies		OPEC's Bearish Report Provides Little Hope For Oil Markets		U.S. drillers focus sights on Permian shale
Australia's LNG sector is booming		Oil trader Trafigura Group jockeys for more transparency		Russian Central Bank anticipates $40 per barrel oil		Oil prices inch lower as pessimism gains traction		Nearly two dozen tremors recorded in Oklahoma in a week

Oil taking on green sheen

Can Oil Markets Survive An OPEC Implosion

New maps created by Stanford scientists reveal safe locations for wastewater injection

Oil prices sharply lower on OPEC production

Israel's Delek examines offshore Canada

Profits for Russian oil giant Rosneft tumble

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

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