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May 2015

May 2015
2015, May, 13, 21:00:00
RUSSIA & NORWAY: GAS FOR BRITAIN
Britain's largest energy supplier Centrica (CNA.L) has signed new gas contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, reflecting the UK's growing dependence on gas imports as its production declines.
May 2015
2015, May, 13, 20:55:00
SHELL WILL DRILL
Shell will conduct its drilling in 140 ft of water about 70 miles northwest of the Alaskan village of Wainwright using the M/V Noble Discoverer drillship and Transocean Ltd.’s Polar Pioneer semisubmersible drilling unit, with each vessel providing relief-well capability for the other. The two drilling rigs and their supporting vessels will depart the Chukchi Sea at the conclusion of each exploration drilling season.
May 2015
2015, May, 11, 20:15:00
OPEC SEES BELOW $100
The Organization of the Petroleum Exporting Countries doesn’t see oil prices consistently trading at $100 barrel again in the next decade, a pessimistic assessment that has the group considering the return of production limits to influence the market, according to a draft of the cartel’s latest strategy report.
May 2015
2015, May, 11, 20:10:00
THE NEW RUSSIAN EMPIRE – 6
Russia is preparing to sell his recently purchased North Sea gas fields.
May 2015
2015, May, 11, 15:15:00
NO GAS FOR EUROPE
It is not economically feasible to start exporting gas to Europe, an Iranian energy official dealing with the international affairs and contracts announced.
May 2015
2015, May, 11, 15:10:00
TURKISH STREAM PIPELINE
Gazprom has switched to the stage of building the offshore section of the Turkish Stream gas pipeline intended to bring Russian natural gas to Europe via Turkey, Gazprom CEO Alexey Miller said on Friday.
May 2015
2015, May, 11, 15:05:00
U.S. VS RUSSIA: GAS
The United States, wading into the international efforts to shape Greece’s economic and geopolitical orientation, is pushing the leftist government in Athens to resist Russia’s energy overtures.
May 2015
2015, May, 11, 15:00:00
U.S. RIGS DOWN 11
U.S. Rig Count is down 11 rigs from last week to 894, with oil rigs down 11 to 668, gas rigs down 1 to 221, and miscellaneous rigs up 1 to 5.
May 2015
2015, May, 8, 18:00:00
THE MAJOR O&G CHALLENGE
A major challenge ahead for the offshore oil and gas industry will be figuring out how to fill the 50 million-b/d gap in liquids production that will be needed to match rising demand by 2040, IHS Energy Chief Upstream Strategist Bob Fryklund told attendees May 4 at the Offshore Technology Conference in Houston.
May 2015
2015, May, 8, 17:55:00
ALLAH OIL PRICE
While analysts speculate just how low prices have to drop before Saudi Arabia cuts production longtime Saudi oil minister Ali al-Naimi said he has the answer: It’s up to Allah.