Pacific Coast Oil Trust: Regulatory Fears Unfounded, While Units Yield 15% And … – Seeking Alpha (registration)

Pacific Coast Oil Trust: Regulatory Fears Unfounded, While Units Yield 15% And
Seeking Alpha (registration)
Pacific Coast Oil Trust (NYSE:ROYT) units of beneficial interest have declined by over 40% during the past twelve months and currently yield in excess of 15%. The obvious reason for the decline is the Healthy Air and Water Initiative to Ban Fracking …

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Heavy Oil Conference Issues a Call to Action to Accelerate Technology … – ARC Advisory Group (blog)


Financial Post
Heavy Oil Conference Issues a Call to Action to Accelerate Technology
ARC Advisory Group (blog)
Mr. Hancock introduced the concept of “patient oil” and highlighted the cyclic nature of the energy business. Oil and gas operating companies need to strike a balance between capital investments in production and technology innovation. Oil companies …
Cost-cutting fever grips oil sands players as economics called into questionFinancial Post
Cost-cutting fever grips Big OilStarPhoenix
Change text size for the storyLeduc Representative

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Larose oilfield manufacturer to add 150 jobs – Washington Times

Larose oilfield manufacturer to add 150 jobs
Washington Times
LAROSE, La. (AP) – Danos, a Larose-based oilfield service company, plans to create 150 jobs by opening a new fabrication yard in Amelia. The family-owned company, which builds a variety of structures and equipment used in offshore oil and gas drilling …
Larose oilfield manufacturer to add 150 jobs in AmeliaHouma Courier

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Names of 2 killed in West Texas oil field accident released – KTXS


Big Country Homepage
Names of 2 killed in West Texas oil field accident released
KTXS
An oil field accident in northern Mitchell County killed two men and sent a third to a Lubbock hospital. The accident happened Wednesday afternoon eight miles northwest of Westbrook. Mitchell County Sheriff Patrick Toombs said a crew was moving a pump …
Deadly Oilfield Accident Kills Two, Injures AnotherNewsWest9.com
OSHA Investigating Deadly Oil Field ElectrocutionBig Country Homepage
Man recovering at UMC after tragic oil field accidentKCBD-TV
Petro Global News
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EIA: Brent crude oil price stability continues – Oil & Gas Journal


Economic Times
EIA: Brent crude oil price stability continues
Oil & Gas Journal
Spot prices of Brent crude oil averaged $107/bbl in July, marking the 13th consecutive month in which the average price has ranged $107-112/bbl. Compared with the volatility seen as recently as 2 years ago when Brent spot prices ranged as high as …
Oil investors bet on future supply risksFinancial Times
Oil marketing companies rally as crude oil prices hit 13-month lowEconomic Times
Oil price slides as big banks pull outIndependent Online
Daily News & Analysis –Investing.com –The Market Oracle
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Gulf of Mexico oil lease sale raises $110 million – The Hill


Houston Chronicle
Gulf of Mexico oil lease sale raises $110 million
The Hill
The Interior Department auctioned off the rights to drill for oil and gas in more than 430,000 acres in the Gulf of Mexico off the Texas coast Wednesday, resulting in $110 million high bids. The auction took place in New Orleans, where 14 companies
DOI Reaps $110M In Gulf Of Mexico Oil Lease AuctionLaw360 (subscription)

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Oil field accident kills 2, injures 1 in Mitchell County – KTXS


Big Country Homepage
Oil field accident kills 2, injures 1 in Mitchell County
KTXS
An oil field accident in northern Mitchell County killed two men, and sent a third to a hospital in Lubbock. More Headlines. Brownwood’s Ark Shelter creates Adopt-a-room program · DPS program too harsh with traffic ticket surcharges? Mark Rowlett: More …
Deadly Oil Field Electrocution Claims Two LivesBig Country Homepage
Deadly Oilfield Accident Kills Two, Injures AnotherNewsWest9.com

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Grand Central: Crude Oil Price Drop Takes Pressure Off the Fed – Wall Street Journal (blog)


Wall Street Journal (blog)
Grand Central: Crude Oil Price Drop Takes Pressure Off the Fed
Wall Street Journal (blog)
Nymex crude oil futures have dropped 3% in two days to $94.48 per barrel and they’re down 10% from a year ago. The bad news in this drop is the implication of soft global demand when many economists were looking for a lift in worldwide economic growth.

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The Morning Leverage: Intervale Looks to Snuff Some Flames in the Oilfield – Wall Street Journal (blog)

The Morning Leverage: Intervale Looks to Snuff Some Flames in the Oilfield
Wall Street Journal (blog)
Intervale Capital may focus on oilfield services deals, but the midmarket firm is looking to make sure there’s less fuel to burn. Intervale acquired Houston-based Recapture Solutions LLC to address a growing need among oil production companies to
Houston private equity firm buys new energy assetsHouston Business Journal (blog)
Intervale Capital acquires Recapture SolutionsYour Oil and Gas News (press release)

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LUKoil Makes First Shipment From Iraq's West Qurna Oilfield – The Moscow Times


The Moscow Times
LUKoil Makes First Shipment From Iraq’s West Qurna Oilfield
The Moscow Times
LUKoil, Russia’s second biggest oil producer, said on Tuesday it had shipped 1 million barrels of oil produced from southern Iraq’s giant West Qurna-2 oilfield, its first shipment from the field, despite a surge of violence in Iraq. Ranked as one of
Lukoil ships oil from southern Iraqi portUPI.com
Iraq Boosting Oil Output in South, as Militants Stem Northern ProductionWall Street Journal
UPDATE 1-Russia’s Lukoil ships first oil cargo from Iraq’s West Qurna-2 fieldReuters
RIA Novosti
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Lower oil price adds to economic pressure on Russia – Fox Business


The Moscow Times
Lower oil price adds to economic pressure on Russia
Fox Business
A fall in the price of Urals crude oil, the benchmark on which Russia bases its budget calculations, is adding to the government’s problems at a time when western sanctions are already hurting the economy. Urals, fell below $100 per barrel on Monday
Struggling With Sanctions, Russia Faces Oil Price CrashThe Moscow Times
Price of oil plummets! Who wins, who loses, and how low can it go?NASDAQ
Oil Chart Suggests That Now Is The Time To InvestInvestopedia

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Australia Could Become an Oil Giant After Apache Discovery of Field With … – International Business Times AU


International Business Times AU
Australia Could Become an Oil Giant After Apache Discovery of Field With
International Business Times AU
The field discovered by the Phoenix South-1 well in the offshore Canning Basin, which initially targeted gas, has the potential to contain up to 300 million barrels of oil. It is located 180 kilometres north of Port Hedland. Analysts, however, have
Claims of Australia’s biggest oil discovery in 30 yearsSydney Morning Herald
Apache announces major new WA oil findThe Australian
​America’s Apache makes biggest Australian oil find in decadesRT
International Business Times –Offshore Oil and Gas Magazine
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How Will Petrobras (PBR) Stock React to Argentinian Oil Field Sales? – TheStreet.com

How Will Petrobras (PBR) Stock React to Argentinian Oil Field Sales?
TheStreet.com
NEW YORK (TheStreet) — Petrobras (PBR) rose Monday amid news the Brazilian energy company would start to take bids for oil fields in Argentina next month, according to Bloomberg. Petrobras Argentina SA, a division of the state-run energy company, will …
Petrobras Said to Take Argentine Field Bids Next MonthBloomberg

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Slump in Oil Prices Continues on Reduced Geopolitical Fears – Wall Street Journal


MarketWatch
Slump in Oil Prices Continues on Reduced Geopolitical Fears
Wall Street Journal
NEW YORK—Oil prices slid Monday as Iraqi and Kurdish forces made gains against Islamic insurgents, reducing investor concerns about threats to Iraq’s oil production and exports. Iraqi and Kurdish forces recaptured the core of a critical dam on Monday.
Oil price slides as big banks pull outIndependent Online
As Threats To Oil Supply Decline, So Do PricesOilPrice.com
Crude Oil Price Decline – To What Price?The Market Oracle
MarketWatch –Deutsche Welle –iNVEZZ
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Oil marketing companies rally as crude oil prices hit 13-month low – Economic Times


Economic Times
Oil marketing companies rally as crude oil prices hit 13-month low
Economic Times
India’s FY15 fuel subsidy is estimated at Rs 1 trillion ($16.6bn) at Deutsche Bank’s Brent oil price forecast of $111/bbl. We estimate that every $10/bbl fall in oil price reduces India’s annualized oil import bill by $10 bn and fuel subsidy by $5.6 bn.
HPCL, BPCL Gain on Lower Crude Oil PricesNDTV
IOC, HPCL, BPCL stocks rise on higher price realisationBusiness Today
Oil and gas shares extend gain as Brent crude fallsBusiness Standard
indiatvnews.com
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China May Cut Oil Price on Crude Retreat – CRIENGLISH.com


CRIENGLISH.com
China May Cut Oil Price on Crude Retreat
CRIENGLISH.com
[Photo:Imagine China]. Retail prices for gasoline and diesel in China are expected to continue to fall, after global crude prices fell over the past week. Based on data from Xinhua’s oil price monitoring system, both gasoline and diesel retail prices
China cuts retail oil pricesShanghai Daily (subscription)

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