Oil and Gas News

November 22, 2016

Polluted water in hand, Nigerian king takes Shell to court in London
London (AFP) Nov 22, 2016
King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Royal Dutch Shell - and on which he hopes a London court will deliver justice. "My people are drinking this water," said the tribal king of the Ogale community in the oil-rich Niger Delta. Okpabi flew to London for a High Court hearing on Tuesday in which lawyers for more than 40,000 Nigerians are demanding action from Shell to clean up o ... read more

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Nov 21

Nov 18

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Nov 16

Nov 15

Where Russia's Lukoil sees oil prices going Russian oil company Lukoil said during a meeting of the board of directors its two-year budget starting in 2017 would be based on oil priced at $40 per barrel. ... more		Crude oil prices searching for OPEC direction Crude oil prices staged an abrupt retreat in early trading Tuesday as doubts lingered over OPEC coordination. ... more		More reserves uncovered in Barents Sea Swedish energy company Lundin Petroleum said Tuesday it made an oil and gas discovery in a frontier area near an existing field in the Barents Sea. ... more
				Iraq has to up oil output because of 'budget hole': FM Iraq has to up its crude output because dwindling oil prices and the fight against Islamic State have left "a huge hole" in the economy, Foreign Minister Ibrahim al-Jaafari said Tuesday, as the OPEC cartel scrambles to agree a production cut deal. ... more		Eni ups renewable ante through work with GE Italian energy company Eni said Tuesday it would work through a partnership with General Electric to build a stronger portfolio in the renewable energy sector. ... more

Amnesty International steps into Dakota Access pipeline row Rights group Amnesty International became the latest to wade into the controversy over the Dakota Access pipeline, alleging excessive force by area police. ... more		Whiting Petroleum leaving North Dakota gas behind After recording a steep decline in third quarter revenue, Whiting Petroleum said it was selling off parts of its natural gas business in North Dakota. ... 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		Commercial production started at giant Kashagan oil field Commercial production from the giant Kashagan oil field in the Caspian waters of Kazakhstan has begun, a spokesperson for a regional operating company said. ... more
				Bangladesh gets help with gas assets A loan totaling more than $150 million will help Bangladesh address the mounting energy challenges in its expanding economy, the Asian Development Bank said. ... more		Oil prices rally on production proposal support Crude oil prices opened the shortened trading week in rally mode as leaders from major oil-producing nations expressed support for a production proposal. ... 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

Iran sees a 25 percent recovery in crude oil prices OPEC members are shooting for crude oil priced at around $60 per barrel if production agreements come through, Iran's oil minister said. ... more		Where oil-rich Texas sees economic gains Some semblance of stabilization in the energy sector has resulted in a net positive for the state of the Texas economy, a regional banker said. ... 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		Police respond to 'riots' at Dakota Access pipeline; protesters report tear gas Law enforcement personnel in North Dakota said protests against the Dakota Access oil pipeline escalated into riots, with activists settling in for the winter. ... more
More oil coming from the North Sea British energy company EnQuest said Monday it delivered its first batch of oil from a North Sea field that could hold more than 10 million barrels of oil. ... more		Putin sees few problems with freezing oil production There are no serious issues standing in the way of an OPEC production proposal and Russia is ready to do its part by freezing output, the president said. ... more		Donald Trump will save us, Colorado oil and gas advocates say A late-term decision from the Obama administration to sideline some Colorado oil and gas reserves drew fire from industry circles anticipating an about-face. ... more		Some tough choices for Alberta's oil-based economy The central component of economic hardship in the oil-rich Canadian province of Alberta is a lack of diversification, the provincial leader said. ... more

	How Iran and Russia are locking step on oil A Russian delegation visiting Tehran on Friday signed a handful of agreements to work with an Iranian oil company, a managing director said. ... more		Let's consider freezing oil production, Russia says Major oil-producing nations could implement a freeze in output levels as a tool to bring the market back into balance, Russia's energy minister said Friday. ... 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

Oil prices start Friday in hesitant rally		GE, Maersk team up on drilling technology		Last plea to Obama on offshore drilling limits		Are The Saudis About To Reveal The Best Kept Secret In Oil?		Texas' Wolfcamp shale reserve may be largest ever assessed in U.S.
Why Norway adds to supply-side worries		Obama declares parts of Arctic off-limits for oil drilling		Iraqi firefighters battle to tame IS oil well fires		Study Finds Widespread Land Losses from Gulf Oil Spill		Expect more output next year, Canadian energy company says

Russia stirs oil production proposal pot

OPEC, Yellen give oil prices a lift

Safety regulator finds no issues with Johan Sverdrup

North Dakota oil production falls

Dakota Access pipeline delayed

Investment penury risks new oil shock: IEA

Niger Delta Avengers strike again

Oil-rich Texas takes closer look at earthquakes

Norway's DNO signs oil agreement with Iran

Oil prices retreat after banner day

Scientists find land-based birds affected by Deepwater Horizon oil spill

Oil market latest pressure for Dakota Access pipeline

Cheaper, more effective cleanup of abandoned oil and gas wells

Australia's Woodside expands gas portfolio

Study links groundwater changes to fracking

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

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