PennEnergy's Top Oil & Gas News

Top Oil & Gas News
	Report offers insight on Michigan natural gas drilling industry A new report from the University of Michigan revealed that while the state may have large natural gas reserves deep underground, it is unlikely those formations will be developed due to low prices of gas and high costs associated with extracting the resource from the deep rock. Full Article Share:
	PennEnergy Video News Update From production at Kashagan offshore field, to BP's success offshore Egypt, to the study on Canada's Energy East pipeline, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share:

This Week's Most Popular Oil & Gas News
• First oil production from the Kashagan field for Eni
• Gas discovery at Salamat well in Egypt for BP
• West Texas invests in West Cameron 225 offshore oil and gas field
• New study projects Energy East oil pipeline will boost economy across Canada
• Wild Well Control is serious about safety, part two
• IEA discusses enhanced oil recovery in Stavanger
• Video: Astrium Services shows off satellite imaging services
• Offshore oil discovery near Norne
• Shell and Baker Hughes develop reservoir modeling platform
• Gazprom and BASF to sign final asset swap agreement
• GE Power Conversion chosen again for LNG transport
• BP awards oil field re-development contracts
• Operations suspended at Earthstone Nebraska oil discovery

Energy Insights

Black Swan: Germany at a Crossroads On September 22 there will be a general election in Germany. In one of the most lack-luster campaigns in the post-war era Chancellor Merkel has done everything in her power to keep issues and policies out of the news. The assumption seems to be that if the German people have nothing to get excited about they will see no need for change and the CDU/FDP coalition will be re-elected. That is probably a winning strategy. Full Article