LA County to inventory all oil fields in wake of safety issues raised over … – Long Beach Press Telegram

LA County to inventory all oil fields in wake of safety issues raised over
Long Beach Press Telegram
“The Inglewood Oil Field has more protections than other oil fields in the state,” Ridley-Thomas said. “However, we must ensure that adequate protections continue at Inglewood Oil Field and that other fields in cities and unincorporated areas

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Service giants promise oil field resurrection with re-fracking – Houston Chronicle (subscription)


Houston Chronicle (subscription)
Service giants promise oil field resurrection with re-fracking
Houston Chronicle (subscription)
Widespread re-fracking would put U.S. oil field crews back to work – benefitting Houston, U.S. headquarters to Halliburton, Schlumberger and many service firms – but it would also add crude supplies to a global oil glut that has crushed prices in the
More job losses coming to American shaleTrinidad & Tobago Express

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Oilfield job losses exceed projections – Casper Star-Tribune Online


Casper Star-Tribune Online
Oilfield job losses exceed projections
Casper Star-Tribune Online
Prices on oilfield service contracts have dipped roughly 30 percent by Desai’s estimate, leaving some firms in the red. Smaller firms appear to be accepting contracts at prices that do not cover costs in a bid to generate cash flow and keep their
How Oilfield Services Providers Are Getting Through Tough NightsTheStreet.com
How oilfield services providers are getting through the nightThe Deal Pipeline
Oil field service company lay offs hit 58000 and countingmySanAntonio.com (blog)
Fortune –Wall Street Journal
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Services companies struggle to survive the oil bust – Houston Chronicle (subscription)


Houston Chronicle (subscription)
Services companies struggle to survive the oil bust
Houston Chronicle (subscription)
The Summer of 2015 Award for Stiff Upper Lip goes to the oil field services industry. Executives have spent the last two weeks reporting second-quarter results after the price of oil took another nosedive. Give credit where it’s due – no one gave false
Schlumberger Limited’s CEO Calls the Bottom, but Still Sees Challenges AheadMotley Fool

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Oilfield Power Cuts Lower Libya's Crude Production – E&P


Bloomberg
Oilfield Power Cuts Lower Libya’s Crude Production
E&P
Libya’s crude production dropped below 400,000 barrels a day as the conflict in the divided North African country cut electricity supply at oil fields, according to the state-run National Oil Corp. Output in Libya, holder of Africa’s largest crude
BP Joins Total in Writing Off Oil Assets Amid Libya ConflictBloomberg

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Oil price: could petrol prices dip back below £1 a litre? – The Week UK


The Week UK
Oil price: could petrol prices dip back below £1 a litre?
The Week UK
Oil prices continued to slide on Tuesday, with benchmark Brent crude falling a further 1.3 per cent from Monday’s five-month low as oversupply concerns persist. On Tuesday afternoon it was trading at $52.73 a barrel, not far off the $45 bottom of the
Never mind Iran. Oil price is going nowhere: CitiCNBC
Crude oil has turned greenBusiness Insider
Iran nuclear deal prospects put pressure on oil priceThe Guardian
OilPrice.com –Sky News –Wall Street Journal
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Oil prices have plunged nearly 20% this month – CNNMoney


CNNMoney
Oil prices have plunged nearly 20% this month
CNNMoney
China’s crashing stock market and the meltdown in the metals market may be getting all the attention lately, but crude oil is quietly crumbling once again. Oil has plunged nearly 20% this month alone and it briefly dipped below $47 a barrel on Tuesday.
Has The E&P Industry Lost Touch With Reality?OilPrice.com
Oil Prices Fall to Four-Month Low Amid Chinese Stocks RoutWall Street Journal
Oil price hits lowest in 4 mths on China routBusiness Spectator
Calgary Herald –City A.M.
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10 Reasons to Love the Oil Price Drop – TheStreet.com


Fox Business
10 Reasons to Love the Oil Price Drop
TheStreet.com
New York (TheStreet) — Don’t let tumbling oil prices darken your outlook on stocks or the economy. Yes, U.S. crude prices have dropped into an official bear market, down around 20% since the beginning of June, which will undoubtedly hurt the oil
Pessimism Amongst Oil Traders Reaches 5 Year HighOilPrice.com
Exxon 2Q Preview: Lower Oil Prices To Outweigh Higher Production, Better MixForbes
Chevron 2Q Earnings: Oil Price Decline To Outweigh Production GrowthTrefis
Bayoubuzz
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BP profits fall on low oil price – BBC News


BBC News
BP profits fall on low oil price
BBC News
BP has reported a sharp fall in profits for the three months to the end of June as lower oil prices continue to hurt. Underlying replacement cost profit (RCP) was $1.31bn (£841m) compared with $3.63bn a year ago. However, after setting aside $7.5bn for
BP swings to 2Q loss of $6.3 billion as oil price falls biteCNBC
Deepwater charge and falling oil prices push BP into $6.3bn lossFinancial Times
BP Warns on Oil PriceMarketPulse (blog)
Wall Street Journal –Fortune
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CP&DR News Briefs, July 27, 2015: L.A. Developments Near Faults to Face … – California Plannning and Development Report

CP&DR News Briefs, July 27, 2015: L.A. Developments Near Faults to Face
California Plannning and Development Report
Meanwhile, officials and managers of the company in charge of oil extraction operations are still deciding whether fracking the oil well would make financial sense. Jacbos Stepping down from Housing Finance … total $7.74 per square foot of

Wall of worry in China: Beijing, not Athens, is the latest market flashpoint … – This is Money


This is Money
Wall of worry in China: Beijing, not Athens, is the latest market flashpoint
This is Money
… come back down to earth.’ He added: ‘Most investors looking to gain exposure to China should probably do so through a broader Asia Pacific fund, however those with strong stomachs and already well-diversified portfolios might consider investing in

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Texas on track to beat 1972 oil production record – Fuel Fix – Chron.com (blog)


Chron.com (blog)
Texas on track to beat 1972 oil production record – Fuel Fix
Chron.com (blog)
The American Petroleum Institute used 2014 data from the U.S. Energy Information Administration to compare the oil and gas production power of states like Texas and Louisiana to the biggest energy producing countries around the globe. Click through to …
Texas oil production set to top record despite slump – San Antonio Express-NewsSan Antonio Express-News (subscription)
Texas on track to beat 1972 oil production record – At Large – mySanAntonio mySanAntonio.com (blog)

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As Crude Oil Rides The Rails To Houston, Texas Firefighters Prepare For The … – StateImpact Texas


StateImpact Texas
As Crude Oil Rides The Rails To Houston, Texas Firefighters Prepare For The
StateImpact Texas
There was a rail disaster northwest of Houston last week but you probably didn’t hear about it. That’s because it was staged as part of a training exercise at a Texas firefighting school where a new risk is changing the curriculum. It’s scene that’s a
In “Disaster City,” Firefighters Train to Combat Crude Oil Blazes | HPPR HPPR

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Texas fighting for lift of crude oil export ban : News : ConnectAmarillo.com – ConnectAmarillo.com powered by KVII

Texas fighting for lift of crude oil export ban : News : ConnectAmarillo.com
ConnectAmarillo.com powered by KVII
AMARILLO, TEXAS — It doesn’t seem like a problem, Texas has billions of barrels of oil . The problem is the state can’t sell any of it. “It’s an enormous amount of oil and the current policy keeps us out of the world market for oil,” Texas Senator Kel

South Texas Oilfield Expo to feature cost-cutting tech amid plummeting crude … – San Antonio Business Journal (blog)


San Antonio Business Journal (blog)
South Texas Oilfield Expo to feature cost-cutting tech amid plummeting crude
San Antonio Business Journal (blog)
Crude oil prices may have dipped below $48 per barrel on Monday morning, but organizers with the South Texas Oil Field Expo said they will showcase cost-saving technologies to help producers in the Eagle Ford Shale. Organized by Texas Classic …

Oliden Technology raises $2.5M amid weak spending from oil and gas producers … – Houston Business Journal (blog)


Houston Business Journal (blog)
Oliden Technology raises $2.5M amid weak spending from oil and gas producers
Houston Business Journal (blog)
Houston-based Oliden Technology LLC, a technology startup that focuses on logging-while-drilling and measurement-while-drilling technology, just closed a round of $2.5 million, according to a Form D filed with the U.S. Securities and Exchange

How Oilfield Services Providers Are Getting Through Tough Nights – TheStreet – TheStreet.com


TheStreet.com
How Oilfield Services Providers Are Getting Through Tough Nights – TheStreet
TheStreet.com
NEW YORK ( The Deal) — The business of oilfield services — providing everything a company needs to get oil and gas out of the ground — is a rough one to be in right now. With the slide in oil prices, which resumed this past week given the Iran
How oilfield services providers are getting through the night – The Deal The Deal Pipeline
Oil field service company lay offs hit 58,000 and counting – Eagle Ford FixmySanAntonio.com (blog)
Energy Sector To Layoff More Employees – FortuneFortune
Wall Street Journal
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UPDATE: 2 named in oil field fatality accident – Enidnews.com: Local News – Enid News & Eagle


Enid News & Eagle
UPDATE: 2 named in oil field fatality accident – Enidnews.com: Local News
Enid News & Eagle
Authorities have identified the victims of an oilfield incident that left one dead and one injured Thursday morning in Woods County. David Justin Turner was killed Thursday and Michael Brown was medi-flighted to OU Medical Center in Oklahoma City.

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