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Oil News and Gas News
December 14, 2017
AAA wonders if premium gasoline is worth it

Washington (UPI) Dec 13, 2017
The benefit from using a premium blend of gasoline in a vehicle that doesn't require it may not be worth the extra cost for some U.S. drivers, motor club AAA said. AAA reported a national average retail price for regular unleaded gasoline at $2.46 for Wednesday, more or less stable for the week. The average price for premium gasoline was $3 per gallon. The motor club said its research showed that the difference between regular- and premium-grade gasoline has increased from a historic nor ... read more

Florida senator moves ahead of White House on offshore drilling plans
Washington (UPI) Dec 13, 2017
Moving ahead of word of a U.S. offshore drilling program for the Atlantic, a Florida Democrat called on his colleagues to pass legislation to block access. ... more
European gas flows back after fatal Austrian accident
Washington (UPI) Dec 13, 2017
Natural gas is flowing again to a compressor station in Austria and supplies are moving to nearby countries, a subsidiary of Austrian energy company OMV said. ... more
Oil prices hold steady on competitive data, North Sea outage
Washington (UPI) Dec 13, 2017
Oil prices waded into positive territory early Wednesday on word that OPEC was producing less and a key North Sea pipeline network was staying closed for now. ... more
Contracts awarded for export terminal overhaul
Washington (UPI) Dec 13, 2017
London-listed oil and gas services company Petrofac said Wednesday it secured a $160 million contract to help overhaul a southern Iraqi oil port. ... more
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North Sea business out nearly $30M a day on Forties pipeline outage
Washington (UPI) Dec 13, 2017
Closing the Forties pipeline system in the North Sea, which sidelines almost half of the area's production, means heavy industry losses, a trade group said. ... more
Major North Sea pipeline system down for weeks
Washington (UPI) Dec 12, 2017
It's too soon to say how quickly repairs to a major oil pipeline system in the North Sea are made, but it may be a matter of weeks, the operator said. ... more
Big Australian oil prospect draws interest from majors
Washington (UPI) Dec 12, 2017
Australian energy company Santos and French supermajor Total may be on board with funding for one of Australia's biggest oil and gas prospects, a partner said. ... more
Eni: More oil offshore Mexico than originally estimated
Washington (UPI) Dec 12, 2017
Italian energy company Eni said Tuesday the results of a well off the coast of Mexico meant it could raise its oil reserve estimate by more than 40 percent. ... more
Exxon to disclose climate policy impact on business
New York (AFP) Dec 12, 2017
ExxonMobil, the world's largest publicly-traded oil company, bowed to investor pressure and will soon begin disclosing how policies to combat climate change could impact its business, according to a document filed with US regulators. ... more
Gas prices even for now, but British pipeline problem could change that
Washington (UPI) Dec 12, 2017
Retail U.S. gasoline prices are holding steady, but it remains to be seen how much of a spike to expect from a British pipeline outage, an analyst said. ... more

Investors turn against fossil fuels at Paris climate summit

World Bank to stop financing oil, gas projects from 2019
Paris (AFP) Dec 12, 2017
The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced Tuesday at a climate summit seeking to boost the global economy's shift to clean energy. ... more
Oil prices settle down, but still higher on North Sea outage
Washington (UPI) Dec 12, 2017
The perfect storm of a healthy appetite from China, a decline in global inventories and a major North Sea pipeline outage sent oil prices higher on Tuesday. ... more
One dead after explosion at Austrian gas facility
Washington (UPI) Dec 12, 2017
Austrian energy company OMV confirmed Tuesday there was an explosion on the grounds of a gas storage facility in Austria that left one person dead. ... more
OPEC in June to consider way out of production deal
Washington (UPI) Dec 11, 2017
A decision to start reviewing the way out of an OPEC-led agreement on oil production cuts doesn't mean the deal is over, an analyst said Monday. ... more

Bristol scientists turn beer into fuel
Bristol UK (SPX) Dec 12, 2017
Chemists at the University of Bristol have made the first steps towards making sustainable petrol using beer as a key ingredient. It is commonly accepted that there is an urgent need for sustainable alternatives to fossil fuels for transportation to replace diesel and petrol. One of the most widely used sustainable alternatives to petrol world-wide is bioethanol - in the United State ... more
Golden CO (SPX) Dec 14, 2017
NREL develops novel method to produce renewable acrylonitrile
Bochum, Germany (SPX) Dec 11, 2017
Hydrogen gas from enzyme production
Edinburgh UK (SPX) Dec 12, 2017
Algae could feed and fuel planet with aid of new high-tech tool
Guanidinium stabilizes perovskite solar cells at 19 percent efficiency
Lausanne, Switzerland (SPX) Dec 12, 2017
With the power-conversion efficiency of silicon solar cells plateauing around 25%, perovskites are now ideally placed to become the market's next generation of photovoltaics. In particular, organic-inorganic lead halide perovskites offer manufacturing versatility that can potentially translate into much higher efficiency: studies have already shown photovoltaic performances above 20% acros ... more
Uncha Amirpur, India (AFP) Dec 10, 2017
India faces painful move to cleaner energy
Warwick UK (SPX) Dec 12, 2017
Solar power advances possible with new 'double-glazing' device
Washington (UPI) Dec 12, 2017
Europe moves to grow green economy at Paris meeting
Construction to start on $160 million Kennedy Energy Park in North Queensland
Canberra, Australia (SPX) Dec 13, 2017
Construction of the first utility-scale wind, solar and storage hybrid generator connected to the national electricity network is set to start near Hughenden in North West Queensland. The first sod of soil will be turned at a ceremony on Monday 11 December. The ceremony marks the start of work on the innovative $160 million Kennedy Park Energy developed by Windlab Limited - Australia's int ... more
Washington (UPI) Nov 30, 2017
U.S. wind turbines getting taller and more efficient
Washington (UPI) Nov 22, 2017
New wind farm in service off the British coast
Washington (UPI) Nov 15, 2017
End tax credits for wind energy, Tennessee Republican says
Defects found at China nuclear reactor project
Beijing (AFP) Dec 13, 2017
Defects were found in equipment for a third-generation nuclear reactor under construction in southern China with the problematic parts being replaced, the state-owned China General Nuclear Power Group (CGN) said Wednesday. The issue concerned equipment used in one of two new European Pressurised Reactors (EPR), large units designed to offer improved power and safety. With EPRs in Finland ... more
Mainz, Germany (SPX) Dec 11, 2017
Mainz physicists propose a new method for monitoring nuclear waste
Sydney, Australia (SPX) Dec 13, 2017
Australian waste treatment technology plays major role in management of radioactive waste
Cairo (AFP) Dec 11, 2017
Cairo, Moscow sign contract for Egypt's first nuclear plant
Space Climate Observatory agreed ahead of One Planet Summit in Paris
London, UK (SPX) Dec 14, 2017
The UK's world-leading space sector will help create a new Space Climate Observatory, following an agreement adopted by national space agencies Monday 11 December. At an event in Paris, the UK Space Agency signed up to the global agreement to improve long-term sustainability and accessibility of climate data captured by satellites. The Heads of the national Space Agencies have commit ... more
Paris (AFP) Dec 12, 2017
'We're losing the battle', Macron tells Paris climate talks
Paris (AFP) Dec 12, 2017
Investors turn back on fossil fuels at Paris climate summit
Paris (AFP) Dec 12, 2017
Leaders join France's Macron to discuss climate cash crunch
Chinese electric carmaker to open Morocco plant
Casablanca, Morocco (AFP) Dec 9, 2017
Chinese electric car manufacturer BYD on Saturday signed an agreement to open a factory near the Moroccan city of Tangiers to build battery-powered vehicles, officials said. BYD will become the third car manufacturer, after Renault and Peugeot of French, to construct cars in the North African state. The memorandum of understanding was signed at the royal palace in the coastal city of Cas ... more
Singapore (AFP) Dec 12, 2017
Singapore launches electric car-sharing service
Beijing (AFP) Dec 12, 2017
Chinese auto giant to end petrol vehicle sales by 2025
Berlin (AFP) Dec 11, 2017
Volkswagen boss urges end to diesel tax breaks
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Iraq holds military parade to celebrate victory over IS
Baghdad (AFP) Dec 10, 2017
Iraq's armed forces held a military parade in Baghdad on Sunday to celebrate the victory announced by Prime Minister Haider al-Abadi over the Islamic State group. Abadi on Saturday declared victory in Iraq's three-year war to expel the jihadist group that at its height endangered the country's very existence. Iraqi army units marched through the main square in central Baghdad as helicopt ... more
Baghdad (AFP) Dec 10, 2017
Hashed al-Shaabi: controversial force on Iraq's front lines
Doha (AFP) Dec 7, 2017
Macron sees Iraq's total 'liberation' from IS this month
Baghdad (AFP) Dec 9, 2017
Iraq since the US-led invasion of 2003
US envoy Haley to present 'irrefutable evidence' on Iran
United Nations, United States (AFP) Dec 13, 2017
US Ambassador Nikki Haley will present "irrefutable evidence" that Iran has tried to cover up violations of international obligations, the US mission said Wednesday. Haley will hold a press conference in Washington on Thursday on Iran's "ongoing destabilizing activities in the Middle East and elsewhere in the world." The United States and Saudi Arabia have accused Iran of supplying weapo ... more
Beijing (AFP) Dec 12, 2017
Dennis Rodman: Trump and N. Korea's Kim 'pretty much the same'
Beijing (AFP) Dec 14, 2017
China, S. Korea leaders to discuss N. Korea nukes
Washington (AFP) Dec 12, 2017
US urges talks as North Korea brags of nuclear arsenal
Philippines's Duterte offers third telecom slot to China
Manila (AFP) Dec 12, 2017
Philippine President Rodrigo Duterte has offered China Telecom a slot to be the country's third telecom provider to break up the dominance of two local firms, his spokesman said Tuesday. The offer was part of Duterte's efforts to improve ties between China and the Philippines, taking into account political as well as economic considerations, spokesman Harry Roque told reporters. "It was ... more
Shanghai (AFP) Dec 13, 2017
Poisoned syringes fired at pet dogs for China meat trade
Beijing (AFP) Dec 11, 2017
Former Chinese leadership contender faces graft probe
Beijing (AFP) Dec 8, 2017
EU "deeply troubled" by China's human rights record
US, Britain, France seek details on Russian arms to C. Africa
United Nations, United States (AFP) Dec 13, 2017
The United States, Britain and France on Wednesday asked that a Russian request to send light arms to the Central African Republic be put on hold as they seek more information on the shipments, diplomats said. Russia has asked the UN Security Council for an exemption to an arms embargo on the Central African Republic (CAR) to allow the arms to be shipped to its armed forces. The first d ... more
United Nations, United States (AFP) Dec 13, 2017
Russia asks UN for green light to send arms to C. Africa
Ramstein, Germany (AFP) Dec 6, 2017
Tillerson plans Africa trip for early 2018
Maseru, Lesotho (AFP) Dec 2, 2017
Regional force deploys to Lesotho over security concerns
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Draken International to buy surplus South African fighters
Washington (UPI) Dec 12, 2017
South Africa's state-owned defense company, Denel SOC Ltd., is selling 12 surplus Cheetah fighter jets to Draken International, a U.S.-based tactical fighter training company. The sales contract, announced Tuesday by Denel, includes return to service and flight acceptance tests in South Africa and aircraft delivery to the United States. The company is also pursuing post-delivery logisti ... more
Ottawa (AFP) Dec 12, 2017
Canada to buy 18 used Australian jetsw
Doha (AFP) Dec 10, 2017
Qatar signs $8-bn deal to buy 24 Typhoon fighters from UK
Washington (UPI) Dec 8, 2017
Bell-Boeing awarded contract for materials, support of V-22 Osprey
China exports surge in November as trade tensions flare
Beijing (AFP) Dec 8, 2017
China's exports surged more than twice the expected pace in November, official data showed on Friday, as tensions with its largest trading partners flare. The healthy trade data is welcome news for the world's number-two economy as Beijing looks to tackle industrial overcapacity, winter pollution and a ballooning debt pile. Exports jumped 12.3 percent year-on-year to $217.4 billion, blow ... more
Buenos Aires (AFP) Dec 11, 2017
US says 'litigation-centered' WTO losing focus
Beijing (AFP) Dec 8, 2017
China exports soar higher than expected in November
Brussels (AFP) Dec 6, 2017
EU wins tougher, swifter anti-dumping trade powers
Trump signs $700B defense budget into law
Washington (UPI) Dec 12, 2017
President Donald Trump signed the 2018 National Defense Authorization Act into law, a $700 billion defense budget that seeks to increase military spending and operational capabilities. The provisions in the 2018 NDAA includes measures like the establishment of a new U.S. Space Corps as a separate military service within the Department of the Air Force by 2019 and increases the totality ... more
Brussels (AFP) Dec 13, 2017
NATO to complete move to new billion euro HQ by mid-June
Ottawa (AFP) Dec 13, 2017
Canada authorizes export of automatic weapons to Ukraine
Phnom Penh (AFP) Dec 14, 2017
Fortified by family and China cash, Cambodia's strongman digs in
Daily Newsletters - Space - Military - Environment - Energy
UN warns of surging e-waste, little recycling
Geneva (AFP) Dec 13, 2017
The UN warned Wednesday that waste from discarded electronics like mobile phones, laptops and refrigerators is piling up worldwide, and it urged far better recycling of the often hazardous rubbish. A full 44.7 million tonnes of so-called e-waste was generated around the world in 2016, up eight percent from two years earlier, according to a report from the UN's International Telecommunicatio ... more
Brussels (AFP) Dec 13, 2017
Britain must obey EU environment rules for post-Brexit air deal
Paris (AFP) Dec 11, 2017
Offsetting Trump, Macron moves to 'Make Our Planet Great Again'
Washington (UPI) Dec 8, 2017
Tiny ocean creatures can shred a plastic bag into 1.75 million pieces
New mapping technique can help fight extreme poverty
Buffalo NY (SPX) Dec 12, 2017
For years, policymakers have relied upon surveys and census data to track and respond to extreme poverty. While effective, assembling this information is costly and time-consuming, and it often lacks detail that aid organizations and governments need in order to best deploy their resources. That could soon change. A new mapping technique, described in the Nov. 14 issue of the P ... more
Paris (AFP) Dec 12, 2017
World leaders in Paris seek cash for climate crunc
Paris (AFP) Dec 12, 2017
Leaders needed to fix global 'mess', says Kofi Annan
Fajardo, Puerto Rico (AFP) Dec 13, 2017
Storm-hit Puerto Rico starving for tourists
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