Oil and Gas News

December 06, 2016

Fate of North Dakota pipeline may fall to Trump
Cannon Ball, United States (AFP) Dec 5, 2016
Native Americans and their supporters expressed cautious optimism Monday after the US Army nixed plans for a controversial oil pipeline crossing in North Dakota, with many fearing their victory could be short lived. While the decision marks a win for the months-long protest movement that stood its ground even as the freezing winter set in, it could be undone when Donald Trump moves into the White House in January if his administration chooses to grant the pipeline the final permit it needs. "The ... read more

Previous Issues

Dec 05

Dec 02

Dec 01

Nov 30

Nov 29

BP keeping focus on North Sea British energy company BP said it was embarking on a drilling campaign in the southern waters of the North Sea that could uncork a new natural gas reserve. ... more		Rally in oil prices knows no quarter With few short-term factors standing in the way of bullish market sentiments, crude oil prices continued their steady march past $55 per barrel early Monday. ... more		Dakota Access Pipeline partnership cries foul The partnership behind the Dakota Access Pipeline said a weekend decision to block further construction was political interference from Washington. ... more
				Iranian MPs declared victory with OPEC deal Members of the Iranian parliament said Monday they signed a letter of appreciation that, in effect, declared victory with last week's OPEC production deal. ... more		Li Ka-shing's Cheung Kong targets Australia's Duet Li Ka-shing's Cheung Kong Infrastructure on Monday offered Aus$7.3 billion (US$5.4 billion) for an Australian energy group, just months after his bid for the country's largest electricity network was blocked on security grounds. ... more

Kurdish government short on oil export payments Companies working in the Kurdish north of Iraq said they were paid collectively more than $50 million for oil exports through Turkey, but still owed more. ... more		Once-mighty Chesapeake continues divestment streak Once one of the stronger shale gas companies in the United States, Chesapeake Energy said it closed on a $450 million deal to sell some of its shale acreage. ... 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		Manmade earthquakes in Oklahoma on the decline New regulations in Oklahoma that call for reductions in the amount of wastewater being injected into seismically active areas should significantly decrease the rate of manmade, or "induced," earthqu ... more
				Shale state of Oklahoma says 'thank you' to OPEC The shale oil and natural gas sector in Oklahoma is on better footing now that OPEC has agreed to cut its production, the state's governor said. ... more		U.S. wants more up-front talks on planning for oil and gas drilling The U.S. government said it was revising how it plans for oil and gas drilling, and other resource activity so some of the focus was put at the front-end. ... 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

Statoil starts work at its largest asset in British North Sea Norwegian energy company Statoil said it was making new strides in the North Sea by moving from planning to development of the region's Mariner oil field. ... more		French company reconfigured gas supply contracts French energy company ENGIE said it renegotiated its long-term supply contract with one of the leading natural gas suppliers to the European market. ... 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		Oil prices sputter out of the gates after historic rallies A drop in crude oil prices that marked an end to the OPEC honeymoon was saved in part by U.S. data showing steady labor gains, though wages remained soft. ... more
Iran takes note of foreign investors With Washington keeping its hold on the sanctions noose, the president of oil-rich Iran said foreign investors were moving into its economy. ... more		Senegal primed as one of the next big oil players Companies working to exploit frontier oil reserves are working to submit field development plans as quickly as possible, a top executive said. ... more		Oil-rich Russia sees economic growth ahead The economy of oil-rich Russia could catch up with the rest of the world in about 10 years if the conditions are right, the country's finance minister said. ... more		Gas prices steady after OPEC deal The U.S. national average price for a gallon of gas barely moved the day after one of the biggest rallies ever in crude oil prices, motor club AAA reports. ... more

	OPEC deal more about balance than price An OPEC agreement to limit oil production for the first time in nearly a decade does more to erase a market surplus than support higher prices, analysis finds. ... more		Israeli power to get gas from huge offshore field The partners tapping into one of the largest natural gas fields ever discovered off the coast of Israel said they brokered a power deal worth $2 billion. ... 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

Dallas Fed sees broad-based optimism		Talk of OPEC deal sends oil prices skyrocketing		Dutch court rejects lawsuit over Ivory Coast spill		A debut of sorts for Norwegian oil		More LNG exports possible from U.S. ports
Baker Hughes creates new fracking unit		Canada walks oil pipeline tightrope		Canada approves tripling capacity of Trans Mountain pipeline to Pacific		Why Mexico's Oil Reform Is A Huge Opportunity For Investors		Oil prices sink as volatility takes hold

Texas oil production holding steady

Taliban pledge protection for Afghan gas pipeline

Putin steps back into OPEC production fray

Norway reports mixed results for oil and gas salaries

BP builds up North Sea portfolio

Oil-rich Alberta nearing end of recession

Oil prices in rally mode on OPEC rumors

Putin staying out of OPEC talks

Iran inks agreement with oilfield services company Schlumberger

More drilling planned for super giant Norwegian oil field

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

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