User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Apr 18 2015 06:37 IST RSS 2.0
 
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US oil and natural gas rig count drops by 34 to 954 as oil prices slump; down 15 in Texas 18.4.2015 Star Tribune: Business
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Senator presses federal officials to release data, records on decade-old Gulf oil leak 18.4.2015 Star Tribune: Politics
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Qaida cloud over Yemen 18.4.2015 Telegraph: International
The capture of much of eastern Yemen's oil-producing province by a newly formed group of armed tribesmen and Sunni Muslim clerics has alarmed local officials, who say they fear the situation will be exploited by al Qaida to expand.
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Argentina launches legal action to prevent Falklands oil and gas drilling 18.4.2015 The Guardian -- Front Page

Daniel Filmus, Buenos Aires’s minister for the Malvinas, confirms lawsuit against UK companies, insisting oil resources around the Falklands belong to Argentina


Argentina’s minister for the Falklands has claimed his country “harbours not the least desire to use force” to regain the islands as it started legal action against companies drilling for oil and gas nearby.

Daniel Filmus, Buenos Aires’s minister for the Malvinas, as Argentina refers to the British overseas territory, gave a speech in London in which he said the country was “forced to resort to defensive measures” to protect its natural resources.

Related: Falkland Islands will always be defended by UK, says David Cameron

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American Express, Honeywell and Schlumberger are big market movers 18.4.2015 Star Tribune: Business
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VIDEO: Falkland Islands oil sparks dispute 18.4.2015 BBC: Business
Argentina has started legal proceedings against three British and two US companies for drilling oil near the Falkland Islands.
U.S. Oil Rig Count Falls to 734 in Latest Week 17.4.2015 Wall St. Journal: US Business
The U.S. oil-rig count fell by 26 to 734 in the latest week, according to Baker Hughes, slowing from the previous week’s decline.
Interior seeks feedback on fees for drilling on federal land 17.4.2015 AP Politics
WASHINGTON (AP) -- The Obama administration took a first step Friday toward a possible increase in fees charged for oil and gas companies to drill on federal lands....
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Interior takes first step toward possible hike in oil, drilling fees, seeks public comment 17.4.2015 Star Tribune: Business
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Mapping the US oil boom 17.4.2015 Financial Times: Energy
Oil production: shale off 17.4.2015 Financial Times: Energy
Price weakness is not coming to an end
Argentina acts over Falklands oil 17.4.2015 BBC: Business
Argentina begins legal proceedings against three British and two US companies for drilling oil near the Falkland Islands.
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Saddam-era vice president believed dead in Iraq 17.4.2015 New Kerala: World News
Read Full story of 'Saddam-era vice president believed dead in Iraq' at newkerala.com.
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Paraguay activists ensure government's oil ambitions will be no walk in the park 17.4.2015 The Guardian -- World Latest

The threat of oil drilling in Defensores del Chaco national park, where potentially extensive reserves have been uncovered, is causing growing unease in Paraguay

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Five years after the Deepwater Horizon oil spill, we are closer than ever to catastrophe 17.4.2015 The Guardian -- World Latest

Important changes have been made since 2010 but the oil and gas industry has not learned from the historic oil spill in the Gulf of Mexico

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Low Prices Cool Boom in U.S. Oil Production 17.4.2015 Wall St. Journal: US Business
Crude production remains strong, but the U.S. may be at, or near, an oil-output peak.
Low Prices Cool Boom In U.S. Oil Production 17.4.2015 Wall St. Journal: Page One
The relentless increases in U.S. oil output appear to be coming to an end.
Schlumberger Posts Profit Drop, Cuts Jobs 17.4.2015 Wall St. Journal: US Business
Schlumberger reported a 39% decline in first-quarter earnings and announced 11,000 more layoffs, as lower oil prices has slowed drilling activity in North America.
New evidence indicates barely known decade-old Gulf oil leak is far worse than reported 16.4.2015 Star Tribune: World
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OPEC: U.S. Oil Supply Boom to End 16.4.2015 Wall St. Journal: US
The booming growth in U.S. oil supplies will end in 2015, OPEC said, citing a significant cutback in the number of drilling rigs.
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