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Oil, gas achievements unveiled, 7 million bpd production goal - YouTube

Iran is one of the biggest oil producers in the world and its technology and industry and developed greatly in this field. The first international conference...
SCPE Ltd's insight:

Iran is currently on their way back with an increasing production after sanctions raised by different parties. Soon the Iranian production will achieve the 5 million barrel boundary, but they want more!

 

Iran's goal: 7 million Barrels per day

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Your Oil and Gas News - BP Reports First Quarter Results; Increases Dividend

Your Oil and Gas News - BP Reports First Quarter Results; Increases Dividend | Oil & Gas news | Scoop.it
The latest oil news and gas news from around the world from Your Oil And Gas News which is a leading oil and gas news website focusing on industry and project information.
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Your Oil and Gas News - PetroChina Achieves Steady Operating Results in the First Quarter of 2014

Your Oil and Gas News - PetroChina Achieves Steady Operating Results in the First Quarter of 2014 | Oil & Gas news | Scoop.it
The latest oil news and gas news from around the world from Your Oil And Gas News which is a leading oil and gas news website focusing on industry and project information.
SCPE Ltd's insight:

PetroChina records a positive result as well as an increase of their production and exploration in the first quarter of 2014. Possible reasons which could explain this development are the increasing marketing efforts (+56%) and the optimization of their infrastructure during last year. 

 

As I mentioned in one of my last posts, these positive results are contributing to Petrochina’s new strategy focused on the expansion of their shale gas activities.  

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RIGZONE - Oil Gains Most in 2 Weeks

RIGZONE - Oil Gains Most in 2 Weeks | Oil & Gas news | Scoop.it
RIGZONE News - leading source for the latest news and information for the oil and gas industry
SCPE Ltd's insight:

Oil Gains Most in 2 Weeks due to Ukrainian tensions between the United States, the European Union and Russia. 

 

Investors are also waiting for new figures about the current U.S. stockpiles of crude and refined products. 

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Top 10 Facts About Iran's Oil & Gas Sector - Oil & Gas Post : Oil & Gas Post

Top 10 Facts About Iran's Oil & Gas Sector - Oil & Gas Post : Oil & Gas Post | Oil & Gas news | Scoop.it
The top 10 facts about Iran's oil and gas sector
SCPE Ltd's insight:

10 facts concerning the Iranian Oil & Gas industry. Iran possesses world's fourth-largest oil reserves and world's second natural gas resources. 

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Africa is in it for the long haul – and so are we | Oil Council

Africa is in it for the long haul – and so are we | Oil Council | Oil & Gas news | Scoop.it
SCPE Ltd's insight:

Expert insight of Tim Eastmond concerning the Oil & Gas opportunities in Africa, the challenges and developments for African people in their native country. Large infrastructural investments have been planned to further to stimulate the development of the African economies during the coming years! Good news for the Oil & Gas industry which will profit from these promising predictions. 

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Your Oil and Gas News - Gas and oil discoveries in the Askja prospects

Your Oil and Gas News - Gas and oil discoveries in the Askja prospects | Oil & Gas news | Scoop.it
The latest oil news and gas news from around the world from Your Oil And Gas News which is a leading oil and gas news website focusing on industry and project information.
SCPE Ltd's insight:

Statoil has discovered 2 new exploration wells during their Askja project situated in the North Sea. Statoil's Vice President for exploration in the North Sea area, May-Liss Haukness, still believes in the attractiveness of the North Sea and predicts more oil & gas discoveries in the future. 

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Shale Gas Europe - Study Confirms Romania Has Good Shale Gas Potential - The Oil and Gas Post

Shale Gas Europe - Study Confirms Romania Has Good Shale Gas Potential - The Oil and Gas Post | Oil & Gas news | Scoop.it
Shale Gas Europe – The fact that Romania’s current gas resources are expected to run out in the next 15-20 years – should the current level of extraction
SCPE Ltd's insight:

Romania's current gas resources are expected to be entirely exploited within the next 15-20 years. Nonetheless a recent study confirms the presence of shale gas within the country which could give new impulses to Romania's energy sector. 

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Renewables and Natural Gas are Partners, Not Opponents

Renewables and Natural Gas are Partners, Not Opponents | Oil & Gas news | Scoop.it
Renewable energy sources and natural gas should be considered as complements and not rivals.  A hybrid gas-electric clean energy provides a workable engineering solution while 100% Renewables models based heavily on wind, solar and efficiency fall...
SCPE Ltd's insight:

The Harmony between Renewables and Natural gas. Why the one needs the other!

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Statoil: “Efforts Are Now Paying Off” - New Discovery in the Barents Sea - The Oil and Gas Post

Statoil: “Efforts Are Now Paying Off” - New Discovery in the Barents Sea - The Oil and Gas Post | Oil & Gas news | Scoop.it
Statoil (holding a 50% stake), together with Eni Norge (holding 30%) and Petoro AS (holding 20%) announced a discovery with about 20-50 million barrels
SCPE Ltd's insight:

New Oil discovery of 20-50 million barrels by Statoil in the Barents Sea.

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Rushing for the Arctic’s Riches

Rushing for the Arctic’s Riches | Oil & Gas news | Scoop.it
Arctic states have asserted exclusive drilling rights, but the region is not likely to surrender its resources easily.

Via Fidan Aliyeva
SCPE Ltd's insight:

The Arctic is one of worlds’ richest Oil & Gas continents and each country is looking for its opportunities to exploit the fossil energy resources. The Info graphic shows the current situation in the Arctic.

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Fidan Aliyeva's curator insight, December 10, 2013 6:19 AM

Great infographic and interesting update

..."The severe challenges of operating in the Arctic have already proved daunting for Shell, which has spent $4.5 billion to exploit reserves off Alaska but has yet to drill a single producing well. Some of these challenges are legal — indigenous communities and environmentalists, fearing the contamination of local waters and a threat to wildlife, have filed lawsuits to prevent the company from drilling."

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Continental European spot gas prices decline on mild weather forecasts - Natural Gas | Platts News Article & Story

Continental European spot gas prices decline on mild weather forecasts - Natural Gas | Platts News Article & Story | Oil & Gas news | Scoop.it
Continental European spot gas prices decline on mild weather forecasts - Read this Platts natural gas news article here. Plus discover more natural gas market news, products & services.
SCPE Ltd's insight:

Gas prices decline due to mild wheater forecasts for the coming period!Overall gas demand decreased to lower gas demand for heating. 

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Your Oil and Gas News - Study finds offshore energy development in the Atlantic could increase jobs, investment & government revenue

The latest oil news and gas news from around the world from Your Oil And Gas News which is a leading oil and gas news website focusing on industry and project information.
SCPE Ltd's insight:

Energy developments in the Atlantic could increase jobs & investments for the Oil & Gas industry in the upcoming years

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Overseas sales from Scotland's oil and gas supply chain increase by 22%, new report reveals

Overseas sales from Scotland's oil and gas supply chain increase by 22%, new report reveals | Oil & Gas news | Scoop.it
ENERGY Minister Fergus Ewing hailed the increase in international sales which grew by more than a fifth to reach £10billion in 2012-13.
SCPE Ltd's insight:

Positive figures for the Scottish oil & gas industry with an increase of 22% of the international sales. 

 

During the last decades, Scotland has build up a global reputation and they want to further strengthen their position as one of the global leaders in the international Oil & gas industry.

 

We have excellent news! The predictions are on their side with an expected increase of 32% for international export sales and 18% on the domestic market. 

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Oil and gas industry generates thousands of jobs in California, report finds

Oil and gas industry generates thousands of jobs in California, report finds | Oil & Gas news | Scoop.it
The oil and gas industry creates about 49,000 jobs in Los Angeles County and billions of tax revenue in California.
SCPE Ltd's insight:

California's oil and gas industry represents approximately 59.000 jobs and aims to create even more jobs in the upcoming years. This increase will be realized thanks to the advances in drilling technologies allowing to unlock previously inaccessible exploration wells. 

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Mexico's Pemex mulls crude imports, more exports to India, Japan

Mexico's Pemex mulls crude imports, more exports to India, Japan | Oil & Gas news | Scoop.it
MEXICO CITY (Reuters) - Mexico's Pemex is considering crude imports to boost local refinery output, but at the same time, it expects to sell more oil to India and Japan to diversify its export markets.
SCPE Ltd's insight:

Pemex is going to export more to India and Japan as it needs to find new markets due to the lower sales to neighbor countries and the American energy independence.

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BP makes first bids on Gulf drilling rights since post-spill suspension

BP makes first bids on Gulf drilling rights since post-spill suspension | Oil & Gas news | Scoop.it
BP is bidding on new drilling rights in the Gulf of Mexico for the first time in nearly two years, after a government contract suspension forced the oil giant to sit out on three government auction...
SCPE Ltd's insight:

BP's first bids for new deep-water oil blocks in the Gulf of Mexico since their 16-month lasting suspension. 

 

 

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Iran Prepping for a Return to the World Oil & Gas Stage - Oil & Gas Post : Oil & Gas Post

Iran Prepping for a Return to the World Oil & Gas Stage - Oil & Gas Post : Oil & Gas Post | Oil & Gas news | Scoop.it
SCPE Ltd's insight:

The Iranian oil industry slowly recovers and finds its way back with the support of large multinationals such as Shell and Total. The Iranian oil minister is optimistic, but realizes also the need of large investments to rebuild the Iranian Oil industry. 

 

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A New Record in Oil and Gas Spending Coming in 2014 | Digging for Value - 12/12/13 | The Motley Fool - YouTube

Investing made simple: The Motley Fool's essential guide to investing is now available to the public, free of cost, at http://bit.ly/1atRpHZ. This resource w...
SCPE Ltd's insight:

The Motley Fool discusses the largest oil & gas investment of Chevron in Australia finishing in 2014 and furthermore other significant developments in the Oil & Gas industry. 

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World Maritime News - Keppel FELS Delivers Jack-Up Rig ‘Hercules Resilience’

World Maritime News - Keppel FELS Delivers Jack-Up Rig ‘Hercules Resilience’ | Oil & Gas news | Scoop.it

Keppel FELS Limited (Keppel FELS) has delivered to Hercules Offshore, Inc. (Hercules Offshore), their second harsh environment KFELS Super A Class jackup rig.


Via INDOOGOO
SCPE Ltd's insight:

Keppel FELS Limited delivers new Jack-Up Rig equipped with the latest drilling technologies and upgraded capabilities. 

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Mexico's Energy Sector Developments - The Oil and Gas Post

Mexico's Energy Sector Developments - The Oil and Gas Post | Oil & Gas news | Scoop.it
CCTV - Arturo Porzecanski, Economist for the School of International Service at American University, sits down with Phillip Yin to discuss the future of Mexico's
SCPE Ltd's insight:

Interesting interview with Arturo Porzecanski discussing the actual situation on the Mexican Oil Market and the reforms which have to be realized to give new impulses to Mexicans’ oil production and labor market. Although these significant developments can only be established with the support of large (foreign) investors as the national oil company doesn’t possess the required funds. 

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Minister of Oil and Gas Arousi on Libya’s Oil Future - The Oil and Gas Post

Minister of Oil and Gas Arousi on Libya’s Oil Future - The Oil and Gas Post | Oil & Gas news | Scoop.it
According to the EIA “Libya now holds the largest amount of proved crude oil reserves in Africa, the fourth largest amount of proved natural gas reserves
SCPE Ltd's insight:

How do you see the future of the Libyan oil market? The political situation is not in their favour and has to change before new investors will be ready entering the market.

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Global Diversity and Inclusion Report | Press | BP Global

Global Diversity and Inclusion Report | Press | BP Global | Oil & Gas news | Scoop.it

"Global Diversity and Inclusion report"

SCPE Ltd's insight:

Global Diversity and Inclusion report of BP in cooperation with Rigzone highlighting the gender diversity in the Oil & Gas industry

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How Long Before Solar Roofs Become Standard?

How Long Before Solar Roofs Become Standard? | Oil & Gas news | Scoop.it
In sunny, high retail cost states, it appears imminent Adding solar panels to a roof is at least 20% cheaper when the roof is being built than adding it later.
SCPE Ltd's insight:

Americans decide more often to directly install solar panels during the construction of their new home. An increase of 56% in residential solar panels has been predicted for 2013. This is an effective development to reduce America's energy import and dependence of fossil energy sources. 

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Oil & Gas Year Deputy CEO on the world exploration hot-spot | Oil Council

SCPE Ltd's insight:

Oil & Gas Deputy CEO of the year reveals world's hottest countries Kurdistan, Mozambique & Tanzania

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