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Oil News and Gas News
January 19, 2017
OIL AND GAS
North American rebound sends oil prices lower



New York (UPI) Jan 18, 2017
An expected rebound in North American oil activity offset reported declines elsewhere to send crude oil prices sharply lower early Wednesday. Crude oil is in the middle of a week of high volatility, characterized by sharp declines after Saudi Arabia pulled in the reins on a multilateral production deal, only to be followed by sentiment that the same production deal was having the desired impact. The Organization of Petroleum Exporting Countries agreed to limit production to 32.5 million ... read more

OIL AND GAS
Fire reported at Nigerian oil pipeline
Citing possible terrorism, Nigerian media reported Wednesday an oil pipeline was on fire less than a day after the vice president was in an oil-rich region. ... more
OIL AND GAS
Church of England weighs in on shale
The Church of England said Wednesday it added its voice to the chorus of those taking a stand on the fledgling shale natural gas industry in the country. ... more
OIL AND GAS
Big oil, big auto tout hydrogen as next clean fuel choice
Automakers joined forces with some of the biggest oil companies in the world from Davos to put hydrogen forward as the next clean energy option. ... more
OIL AND GAS
California gas leak site may reopen
A California oil and gas regulator said it could reopen a storage site that was the source of a durable gas leak, but not until after public hearings. ... more
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OIL AND GAS
Baker Hughes, Schlumberger get new work in Norway
With the energy sector recovering, Norwegian energy company Statoil said it awarded North Sea service contracts to Baker Hughes and Schlumberger. ... more
OIL AND GAS
So-so future for British North Sea
Oil and natural gas activity off the British coast should wax and wane in the short-term after one of the industry's worst years, Wood Mackenzie finds. ... more
OIL AND GAS
Russia hints at economic stimulus
After hinting at a new tax policy on the oil industry, the Russian government said nearly $2 billion will be set aside to help the economy. ... more
OIL AND GAS
Face value for OPEC deal lifts oil prices
The outlook for a sustained price point for crude oil prices in the mid-$50 range offset questions about OPEC commitments to send markets higher early Tuesday. ... more
OIL AND GAS
Tullow Oil plans more drilling in Kenya
Africa-focused Tullow Oil said it plans more drilling after it made an oil discovery inland Kenya that's likely tied into existing hydrocarbon finds. ... more


Norwegian oil and gas production up for the year

OIL AND GAS
Gas prices finally edge lower
Relief in the form of stagnant crude oil prices and a good outlook for the nation's refineries means U.S. gas prices edged a bit lower, a retail analysis found. ... more
OIL AND GAS
Cairn Energy has cash for new drilling
There's a significant resource base from African basins and new output is expected from operations closer to home in the North Sea, Cairn Energy said. ... more

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Iowa State engineer helps journal highlight how pyrolysis can advance the bioeconomy
A special issue of the journal Energy Technology details the latest advances in pyrolysis technologies for converting biomass into fuels, chemicals and fertilizers. Two pyrolysis experts are guest editors of the issue: Robert C. Brown, the director of Iowa State University's Bioeconomy Institute, an Anson Marston Distinguished Professor in Engineering and the Gary and Donna Hoover Chair in ... more
Handheld sensor unit determines biofuel content of diesel blends

Populus dataset holds promise for biofuels, materials, metabolites

Handheld Sensor Unit Determines Biofuel Content Of Diesel Blends

Renewable energy investment value fell 18% in 2016: study
Global investment in renewable energy dropped by 18 percent in 2016 due to sharp falls in equipment prices and a slowdown in China and Japan, a study found Thursday. After reaching record levels in 2015, investment fell last year to $287.5 billion, according to researchers at Bloomberg New New Energy Finance (BNEF). The fall was due in part to "further sharp falls in equipment prices, pa ... more
CWRU directly measures how perovskite solar films efficiently convert light to power

Report details how renewables can decarbonise the energy sector

Saudi to launch multi-billion renewable scheme: minister

Obama puts offshore North Carolina on wind energy map
Thousands of acres offshore North Carolina are set aside for potential wind energy in one of the final moves under the Obama presidency, the government said. "This is a significant milestone for North Carolina and our country as we continue to make progress on diversifying our nation's energy portfolio," Walter Cruickshank, the acting director of the Bureau of Ocean Energy Management, s ... more
DONG Energy makes wind energy debut

DNV GL certifies new prototype of Siemens' 8 MW Offshore Wind Turbine

New York sets bar high for offshore wind

AREVA to supply refueling equipment upgrades to TVA reactors
AREVA NP signed a multimillion-dollar agreement with the Tennessee Valley Authority (TVA) to provide fleet-wide refuel equipment upgrades. Under this contract, AREVA NP will upgrade existing refueling platforms, manipulator cranes, fuel transfer systems and used fuel bridge components. This modern equipment will help operators increase efficiency, strengthen performance and reduce time when rece ... more
Portugal protests against Spain nuclear waste near border

France sells off Engie stake to finance Areva rescue

UK asks regulators to assess Chinese nuclear reactor

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Drought may add famine to Somalia's humanitarian woes
A serious drought has left parts of Somalia at risk of famine and 320,000 children are already severely malnourished and in need of care, the UN humanitarian agency said Tuesday. "The level of humanitarian suffering in this country triggered by projected conflict, seasonal shocks and disease outbreaks are typically hard to bear, but the impact of this drought represents a threat of a differe ... more
Earth breaks heat record in 2016 for third year in a row

Nothing to eat but cactus in Madagascar's hunger capital

Trump environment pick admits to human impact on climate change

German MPs to grill VW ex-boss over 'Dieselgate'
Disgraced former Volkswagen boss Martin Winterkorn faces a grilling by German lawmakers Thursday, as accusations grow of top executives at the beleaguered auto giant colluding to cover up emissions cheating. The former CEO's testimony will be "particularly important" in light of the latest allegations against the VW group, said Herbert Behrens, who heads a special parliamentary committee inv ... more
Oslo temporarily bars diesel cars to combat pollution

Bikeshare cycles dumped en masse in China

NAVYA Self-driving shuttle goes to work in Las Vegas

In Iraq's Mosul, university a casualty of anti-IS war
Some buildings at the University of Mosul are charred by fires, others rigged with explosives, and bullets still periodically fly past a campus scarred by the battle for the city. The sound of a jet, the whoosh of a descending missile and the explosion as it hits home mark an air strike nearby that sends a stream of black smoke rising toward the grey clouds blanketing the sky over Mosul. ... more
Iraq forces retake IS-bombed 'Jonah's tomb' in Mosul

Life and business return to parts of Iraq's Mosul

IS resistance in Mosul is weakening: commander

Russia test-fires Topol-M intercontinental ballistic missile
Russia's military successfully test-fired a Topol-M intercontinental ballistic missile, according to the country's defense ministry. The missile, one of Russia's first ICBMs developed after the fall of the Soviet Union, was fired from the Plesetsk spaceport and struck its target at a firing range in the Kamchatka Peninsula. Russian defense authorities say the test was conducted to confi ... more
Mogherini says EU to stand by Iran nuclear accord

Obama warns Trump not to jettison Iran nuclear deal

'No sense' in renegotiating nuclear deal: Iran president

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Robert Chow: Hong Kong's pro-Beijing firebrand
Hong Kong is home to a host of democracy activists angering China but one rabble-rouser - a silver-haired former radio host - has been embraced by Beijing for targeting supporters of a split from the mainland. Straight-talking and a seasoned media operator, Robert Chow is Hong Kong's most prominent pro-Beijing activist, best-known for orchestrating a public campaign against massive democra ... more
Hong Kong leader slams independence movement in final speech

Hong Kong activists declare 'war' after appeal bid snub

Hong Kong leadership hopeful pledges to heal city's 'heartache'

I.Coast soldier killed as mutiny protests return
A mutinous soldier was killed in Ivory Coast's administrative capital Tuesday, as fresh trouble erupted in several cities after troops took to the streets, firing shots in the air and terrifying residents. The soldier's death in Yamoussoukro was the first since a mutiny over pay erupted in the second city Bouake on January 5, stoking security fears in the world's top cocoa producer. Init ... more
Uganda military denies Congolese rebels left camp

Gambia army chief says troops will not fight intervention

I.Coast rocked by protests as deadly army mutiny spreads

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Discovery could lead to jet engines that run hotter - and cleaner
Researchers here have made a discovery in materials science that sounds like something from the old Saturday morning cartoon Super Friends: They've found a way to deactivate "nano twins" to improve the high-temperature properties of superalloys that are used in jet engines. The advance could speed the development of powerful and environmentally friendly turbine engines of all sorts, includ ... more
Navy accepts its 50th P-8A Poseidon

DARPA awards Sikorsky Phase 3 contract for ALIAS program

Eurofighter signs support deals for Typhoon fighters

Davos: China's Xi says no one will win trade war
Chinese President Xi Jinping presented himself as a champion of globalisation Tuesday, lecturing the world elite in Davos on the dangers of protectionism and the futility of trade wars The leader of the world's second largest economy became the first Chinese president to address the World Economic Forum, where 3,000 well-heeled delegates from government, business, science and the arts have g ... more
First 'Silk Road' train arrives in UK from China

Chinese leader meets Davos elite as voters revolt

Distraught Davos finds globalisation saviour in China's Xi

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Property and credit booms stablise China growth
Chinese growth stabilised in the third quarter, data showed Wednesday, as ample credit and hot property markets propped up the world's second-largest economy. But while the forecast-beating reading was in line with state targets, it came as experts warned that authorities have relied too much on easy credit, which has in turn increased financial risks. The economy grew 6.7 percent in Jul ... more
China data and US banks propel equities higher

No debt-for-equity cure for zombie firms, says China

China's ranks of super-rich rise despite economic slowdown

Saudi Arabia sees China rise as stabilising
The rise of China will be a source of global stability not conflict, major oil supplier Saudi Arabia said at the World Economic Forum in Davos on Tuesday. "As China gets integrated into the world, and into the world financial and economic systems, it has a tremendous interest in stability of those systems," Saudi Foreign Minister Adel al-Jubeir said. "And so I think the rise of China sho ... more
Cambodia says China not behind scrapped US military drill

Pentagon prepares new military options for Trump

Poland outlines big defence buys after NATO deployments

Researchers develop environmentally friendly soy air filter
Washington State University researchers have developed a soy-based air filter that can capture toxic chemicals, such as carbon monoxide and formaldehyde, which current air filters can't. The research could lead to better air purifiers, particularly in regions of the world that suffer from very poor air quality. The engineers have designed and tested the materials for the bio-based filter a ... more
Slovenian dogs sent 'crazy' by road salting mix-up

US contributes $500-million to UN Green Climate Fund

Air pollution and lack of physical activity pose competing threats to children in China

Death toll in botched Nigeria air strike soars to 70
The death toll from a botched air strike on Boko Haram fighters in northeast Nigeria rose to 70 on Wednesday, as aid agencies indicated more people could die without urgent treatment. Nigeria called Tuesday's bombing of a camp for displaced people in Rann a mistake and blamed the "fog of war", sparking strong condemnation from aid agencies working in the crisis-hit region. The Internatio ... more
Fukushima 'voluntary' evacuees to lose housing support

Brazil calls up army to quell prison violence

Nepal sacks quake reconstruction chief



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