China oil majors continue record-setting output cuts in September. Our friends in China are seeing a sharp decline in their crude output according to reports, though it might be due to record high imports in September among other issues.
Shell to create new entity for LNG foray, says outgoing chief. Outgoing chairman slams his fist on the desk and screams “We want LNG in the Philippines and want it now!” (Not really, but the thought is more exciting than a press conference in Taguig City, right?)
Untapped North Sea oil and gas is ‘significant opportunity’. The North Sea might have a new lease on life with Oil and Gas Authority officials talking about finding more than three billion barrels of oil untapped underneath the UK continental shelf.
Research offers faster way to confirm safety of oil and gas pipelines. A UBC study might help people relax with some good vibes – some good vibrations might help pipeline companies prevent spills in a cost-effective way.
Iran Talking With 16 Investors to Bid on Oil and Gas Projects. About 50 projects are on the bidding table in Iran, as officials say the projects are feasible even with low crude prices reigning over the market.
BHP’s Andrew Mackenzie says oil and gas prices are ready to rise. What’s that, another prediction for rising oil and gas prices around the world? You don’t say!
After Lean Years, Big Oil May Emerge Stronger Than Ever. Looking for a sobering but a hopeful view into the future? The New York Times sat down with a number of analysts that say the companies that emerge from the current market intact will not only be winners they’re “going to come out smelling like roses.” I guess that’s one way to talk positive?
Environmental groups file lawsuit against Norway over Arctic oil. Greenpeace Nordic and Nature & Youth filed a lawsuit this week against Norway for violating provisions in the 2015 Paris Agreement by letting firms explore the Arctic Barents Sea.
China-Philippines Oil Deal Underway In South China Sea The Philippines and China are hoping to “finalize a deal that could see both sides working to find oil and natural gas in the South China Sea.”
BLM Announces Oil/Gas Lease Sale For Ohio’s Wayne National Forest. Anyone ready to make some investments? The U.S. Bureau of Land Management will offer about 1,676 acres for lease in Ohio, Mississippi and Arkansas. Remember, coffee’s for closers only.
石油圈
