User: irge304 Topic: Energy Extraction
Category: Oil Exploration
Last updated: Dec 03 2016 23:41 IST RSS 2.0
 
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ISIS shuts off Mosul's water, UN says 1.12.2016 CNN: Top Stories
At least half a million people caught in the crossfire inside the Iraqi city of Mosul now have no access to running water, the United Nations told CNN on Wednesday.
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Iconic photos up for auction 1.12.2016 CNN: Top Stories
Neil Leifer's personal collection, which also includes images from other great photographers, will be on auction December 2-3 in New York.
After new regulations, Oklahoma’s shakes calm down a bit 1.12.2016 Seattle Times: Local

WASHINGTON (AP) — The rate of earthquakes in Oklahoma has dropped dramatically since late May, when the state limited wastewater injections into energy wells, an Associated Press statistical analysis shows. And a new scientific study says the state is on its way back to calmer times that prevailed before a huge jump in man-made quakes. […]
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Higher prices at the pump may be looming after OPEC agrees to cut output to push up oil prices 1.12.2016 LA Times: Business

OPEC ministers have agreed to cut production of crude oil for the first time in eight years, a move that may produce ripple effects from global financial markets to the U.S. economy and trickling all the way down to the corner gas station.

“I think it is a good day for the oil markets, it is a...

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OPEC agrees to first cut in oil production since 2008 30.11.2016 Minnesota Public Radio: Business
Organization of Petroleum Exporting Countries has agreed to cut production by 1.2 million barrels per day in hopes of stabilizing the global oil market.
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OPEC ministers meets in Vienna to cut crude oil supply 30.11.2016 New Kerala: World News
OPEC ministers meets in Vienna to cut crude oil supply
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NYT report: Trump considering U.S. Rep. Cathy McMorris Rodgers for Interior post 30.11.2016 Seattle Times: Top stories

Congresswoman Cathy McMorris Rodgers of Spokane is reportedly under consideration as secretary of the Interior in the Donald Trump administration.
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Stocks mixed as energy falls, health care rises 29.11.2016 Salt Lake Tribune
New York • U.S. stocks were moving between small gains and losses in morning trading Tuesday, as health-care companies rallied on the results of UnitedHealth Group while energy companies fell along with the price of oil. Tiffany jumped after it reported better quarterly results than analysts expected. KEEPING SCORE: The Dow Jones industrial average rose 4 points, or less than 0.1 percent, to 19,102 as of 8:30 a.m. Mountain time. The Standard & Poor’s 500 index rose 1 point, or 0.1 percent, to 2,...
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Iraq PM says his country will cut oil production 29.11.2016 Salt Lake Tribune
Iraq’s prime minister says his country will agree to cut its own oil production as part of a plan by OPEC to push crude prices higher. Prime Minister Haider al-Abadi told The Associated Press that current prices are not sustainable for oil-producing countries. Al-Abadi’s comments could be critical because Iraq — along with Iran — has been reluctant to go along with cuts, creating an obstacle for an OPEC deal, according to published reports. Al-Abadi said he understands that OPEC members will agr...
Stocks mixed as oil prices fall ahead of OPEC meeting 29.11.2016 LA Times: Business

U .S. stocks were moving between small gains and losses in morning trading Tuesday, as healthcare companies rallied on the results of UnitedHealth Group while energy companies fell along with the price of oil.

Tiffany jumped after it reported better quarterly results than analysts expected.

KEEPING...

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Oil drops amid caution over OPEC meeting 29.11.2016 Salt Lake Tribune
Kuala Lumpur, Malaysia • The price of oil dropped and stock markets were mixed Tuesday as it became uncertain whether OPEC countries might reach an agreement to cut crude production at their meeting this week. KEEPING SCORE: Among stocks, London’s FTSE 100 index shed 0.4 percent to 6,770 while France’s CAC 40 advanced 0.8 percent to 4,544 and Germany’s DAX added 0.2 percent to 10,603. On Wall Street, futures for the Dow Jones industrial average and the Standard & Poor’s 500 index both rose 0.2 p... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
Energy firms drag U.S. stocks down as oil plunges 29.11.2016 Salt Lake Tribune
New York • U.S. stocks started slightly lower Tuesday morning as the price of oil tumbled almost 4 percent. That took energy companies sharply lower. Health care companies climbed after a strong outlook from UnitedHealth Group. Tiffany jumped after it reported better quarterly results than analysts expected. KEEPING SCORE: The Dow Jones industrial average dipped 22 points, or 0.1 percent, to 19,075 as of 8 a.m. Mountain time. The Standard & Poor’s 500 index gave up 3 points, or 0.1 percent, to 2... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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Shale fracking rebound starts with costlier sand 29.11.2016 Salt Lake Tribune
The oilfield service companies that supply everything from sand to sophisticated robot rigs are seeking a new lease on life as America’s fracking fortunes begin to turn. Shale drillers have added 158 rigs since May, according to Baker Hughes. At the same time, companies such as Chesapeake Energy and EOG Resources have been increasing their efficiency by cramming more and more sand into individual wells, aiming to extend their reach miles further. That’s boosted sand prices roughly 25 percent to ...
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Iraq prime minister says his country will cut oil production 29.11.2016 Seattle Times: Top stories

Iraq’s prime minister says his country will agree to cut its own oil production as part of a plan by OPEC to push crude prices higher. Prime Minister Haider al-Abadi told The Associated Press that current prices are not sustainable for oil-producing countries. Al-Abadi’s comments could be critical because Iraq — along with Iran — […]
Centennial Resource Development pays $855 million for Delaware Basin assets 29.11.2016 Headlines: All Headlines
Denver-based Centennial Resource Development said Monday it will pay $855 million for 35,000 net acres in the Delaware Basin, one of the country's hottest petroleum plays right now.
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Stocks pull back from records; banks, retailers fall 29.11.2016 Salt Lake Tribune
New York • Stocks pulled back slightly on Monday, retreating from the records the market set last week. Consumer companies and banks took some of the largest losses. Small-company stocks, which have been outperforming the rest of the market for weeks, gave back some of their recent gains. The Dow Jones industrial average lost 54.24 points, or 0.3 percent, to 19,097.90. The Standard & Poor’s 500 index lost 11.63 points, or 0.5 percent, to 2,201.72 and the Nasdaq composite lost 30.11 points, or 0....
Texas, Oklahoma Divided Over How To Handle Earthquakes Linked To Oil Drilling 29.11.2016 NPR Health Science
Oklahoma and Texas have been experiencing a rash of human-caused earthquakes. It happens when oil and gas wastewater gets pumped underground in the wrong places and disrupts faults. Oklahoma officials have cracked down on wastewater injection; Texas is apparently uninterested in doing much. That could mean a lot more quakes given that the country's biggest oil reservoir has just been discovered in west Texas.
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OPEC May Give Trump Energy Goals a Boost 28.11.2016 Wall St. Journal: US Business
President-elect Donald Trump says he plans to make America energy independent. He may receive an unintended boost next week in the form of an oil production cut by OPEC, which could raise crude prices.
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OPEC, Italian unease weighing on global stocks 28.11.2016 Salt Lake Tribune
London • Uncertainty over whether OPEC countries will back an oil production cut at their meeting this week, as intended, weighed on global stock markets on Monday. Worries over next week’s constitutional referendum in Italy also kept investors at bay. KEEPING SCORE: In Europe, Germany’s DAX index was down 0.7 percent to 10,630 while the CAC 40 in France fell 0.5 percent to 4,526. The FTSE 100 index of leading British shares was 0.3 percent lower at 6,819. U.S. stock markets were poised for a lo...
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Stocks fall after record run, consumer firms slip 28.11.2016 Salt Lake Tribune
New York • U.S. stocks opened lower Monday after they set records throughout last week. Consumer companies and banks were taking some of the largest losses. Energy companies were climbing as the price of oil jumps. KEEPING SCORE: The Dow Jones industrial average sank 55 points, or 0.3 percent, to 19,097 as of 7:42 a.m. Mountain time. The Standard & Poor’s 500 index fell 6 points, or 0.3 percent, to 2,207. The Nasdaq composite gave up 18 points, or 0.3 percent, to 5,381. The Russell 2000, an inde... <iframe src="http://www.sltrib.com/csp/mediapool/sites/sltrib/pages/garss.csp" height="1" width="1" > </frame>
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