Oil and Gas News

December 01, 2016

Canada walks oil pipeline tightrope
Ottawa (UPI) Nov 30, 2016
Canada's prime minister balanced the debate on oil infrastructure by delivering split decisions that drew industry praise and complaints from environmentalists. Prime Minister Justin Trudeau signed off on the Trans Mountain oil pipeline from Kinder Morgan and the lesser-known Line 3 from Enbridge, but sidelined the controversial Northern Gateway project. Canada last year was the fourth largest producer of oil and natural gas liquid in the world. Crude oil production in 2015 was 3.9 milli ... read more

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Canada approves tripling capacity of Trans Mountain pipeline to Pacific Canada on Tuesday approved two new pipelines including one to the Pacific coast that will allow producers to sell into new Asian markets, while rejecting a third project. ... more		Dallas Fed sees broad-based optimism A survey from the Federal Reserve Bank said that, even as crude oil production stands still, the broad-based economic consensus was one of optimism. ... more		Talk of OPEC deal sends oil prices skyrocketing Oil prices staged one of their largest spikes in years on word that members of the Organization of Petroleum Exporting Countries brokered a production deal. ... more
				Dutch court rejects lawsuit over Ivory Coast spill A Dutch court rejected Wednesday a class-action lawsuit by a foundation claiming to represent more than 100,000 victims of a 2006 toxic spill in Ivory Coast, saying it was unconvinced by the claim. ... more		A debut of sorts for Norwegian oil British energy company Centrica said it made its debut in Norway with the submission of plans to develop an oil field in the southern North Sea. ... more

More LNG exports possible from U.S. ports Sempra Energy said it filed the necessary paperwork to hasten the development of a port in Texas that could export liquefied natural gas, seen as a strategic asset. ... more		Baker Hughes creates new fracking unit Oilfield services company Baker Hughes said it formed a business venture with Goldman Sachs and others that would focus on North American hydraulic fracturing. ... 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 prices sink as volatility takes hold Starting the day in the deep red, crude oil prices for Tuesday are on pace for a high degree of volatility as oil ministers continue talks in Vienna. ... more
				Texas oil production holding steady Two shale counties in Texas dominated the landscape, though crude oil production is holding relatively stable, data from the state show. ... more		Taliban pledge protection for Afghan gas pipeline The Afghan Taliban said it was directing its supporters to help advance national infrastructure projects like a natural gas pipeline running from Turkmenistan. ... more

6th Annual Modular Construction Summit for Oil and Gas Agenda - December 7-9 - Houston

Develop commercial strategies for the global deployment of SMRs and Advanced Reactors

Putin steps back into OPEC production fray After deferring to his energy minister, the Kremlin said Russian President Vladimir Putin was reviewing production proposals with OPEC member Iran. ... more		Norway reports mixed results for oil and gas salaries Average salaries for those working in the Norwegian oil and gas sector showed gains from the previous quarter, but less than last year, government data show. ... 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		BP builds up North Sea portfolio A day after taking a greater stake in offshore Egyptian reserves, British energy company BP said it was taking on a larger role in the North Sea. ... more
Oil-rich Alberta nearing end of recession A rebound in crude oil prices and recovery in the sector in general means the economy in Alberta province is primed for growth, the finance minister said. ... more		Why Mexico's Oil Reform Is A Huge Opportunity For Investors When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering. Welcome to the 'new' M ... more		Oil prices in rally mode on OPEC rumors Oil prices were moving in wild swings in early Monday trading, erasing a 5 percent deficit overnight as investors moved quickly on the latest OPEC utterances. ... more		Putin staying out of OPEC talks Russian President Vladimir Putin is deferring to his energy minister to discuss the potential for a production agreement with OPEC, his spokesman said Monday. ... more

	Iran inks agreement with oilfield services company Schlumberger A new arrangement with oilfield services company Schlumberger is a source of optimism for post-sanctions Iran, a managing director said from Tehran. ... more		More drilling planned for super giant Norwegian oil field Consent is given to energy company Statoil to start drilling an appraisal well in the Johan Sverdrup oil field in the North Sea, the Norwegian government said. ... more

London, Paris tighten nuclear bond over US, Russia concerns

Iran says cooperation with UN nuclear watchdog will take 'new form'

Six killed in massive Russian drone, missile attack across Ukraine

Russian oil producer pushes deeper in Arctic		BP builds position in one of Egypt's biggest gas fields		Russia to review oil, gas work in Barents Sea		Thanksgiving gas prices are the lowest in years		Australian energy company rewarded for Cuban oil efforts
New energy alliance focused on Gulf of Mexico		Norway's oil and gas investments on the decline		Oil prices move lower on OPEC questions, Autumn Statement		Mixed bag for frontier oil reserves offshore Liberia		Polluted water in hand, Nigerian king takes Shell to court in London

Where Russia's Lukoil sees oil prices going

Eni ups renewable ante through work with GE

More reserves uncovered in Barents Sea

Crude oil prices searching for OPEC direction

Whiting Petroleum leaving North Dakota gas behind

Iraq has to up oil output because of 'budget hole': FM

Amnesty International steps into Dakota Access pipeline row

Commercial production started at giant Kashagan oil field

Bangladesh gets help with gas assets

Oil prices rally on production proposal support

Iran sees a 25 percent recovery in crude oil prices

Where oil-rich Texas sees economic gains

Police respond to 'riots' at Dakota Access pipeline; protesters report tear gas

More oil coming from the North Sea

Putin sees few problems with freezing oil production

Donald Trump will save us, Colorado oil and gas advocates say

Some tough choices for Alberta's oil-based economy

How Iran and Russia are locking step on oil

Let's consider freezing oil production, Russia says

Oil prices start Friday in hesitant rally

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