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Oil News and Gas News
May 25, 2017
OIL AND GAS
New North Sea production to start in June



Washington (UPI) May 24, 2017
The Norwegian government said Wednesday it gave its consent to energy company Statoil for the June start of new oil and gas production from a North Sea field. The Norwegian Petroleum Directorate, the nation's energy regulator, issued its consent for the start of production operations from the Gina Krog field in the Norwegian waters of the North Sea. "Operator Statoil is planning start-up in late June 2017," the regulator said in a statement. Statoil drilled its first well at the G ... read more

OIL AND GAS
Trump budget not a hit for some oil-rich states
Washington (UPI) May 24, 2017
A White House budget proposal was critiqued by Republicans and Democrats alike from oil-rich states despite calls to balance the books with crude oil sales. ... more
OIL AND GAS
Russian oil company reports higher production
Washington (UPI) May 24, 2017
With a decision looming on extending an OPEC-led effort to curb production, Russian oil producer Gazprom Neft said output was higher than last year. ... more
OIL AND GAS
Rally in oil prices stumbles ahead of pivotal OPEC meeting
Washington (UPI) May 24, 2017
Uncertainty about what happens next with an OPEC-led production cut and lower-than-expected supply drains pushed oil prices lower early Wednesday. ... more
OIL AND GAS
British petrochemicals company INEOS expands oil and gas holdings
Washington (UPI) May 24, 2017
British petrochemicals company INEOS said Wednesday it built up its oil and gas business with a $1 billion purchase of assets from DONG Energy. ... more
Previous Issues May 24 May 23 May 22 May 20 May 19
OILGASDAILY

Space Media Advertising Solutions
Directed Energy And Next Generation Munitions - 26-28 June - Washington DC
27 th Space Cryogenics Workshop - July 5-7, 2017 - Oak Brook, Illinois
InterDrone 2017 Las Vegas - Sept 6-8
Nuclear decommissioning and used fuel market map 2017
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
IEA: U.S. shale oil production growth 'impressive'
Washington (UPI) May 24, 2017
Cost savings and technological improvements have contributed to the "impressive growth" from U.S. shale oil, the International Energy Agency said. ... more
OIL AND GAS
Iranian bank opens its first branch in Italy
Washington (UPI) May 24, 2017
An Iranian bank sanctioned by the U.S. Treasury Department has opened its first branch in Italy, Iranian state media reported Wednesday. ... more
OIL AND GAS
Balanced U.S. budget depends on part on sale of strategic oil reserves
Washington (UPI) May 23, 2017
President Donald Trump's plan to sell off strategic oil reserves to balance the budget will take careful planning to avoid hurting oil prices, analysis finds. ... more
OIL AND GAS
Holiday demand, high oil prices working against drivers
Washington (UPI) May 23, 2017
Stronger expected demand moving into the long U.S. holiday weekend and higher crude oil prices means consumers are paying more for gas, AAA finds. ... more
OIL AND GAS
U.S. gasoline needs lower on improved fuel economy
Washington (UPI) May 23, 2017
Improved fuel economies for light-duty vehicles in the United States means gasoline demand could trend lower, a federal brief published Tuesday found. ... more
OIL AND GAS
OPEC chatter pulls oil out of big overnight slump
Washington (UPI) May 23, 2017
Crude oil prices were pulling back toward even in early Tuesday trading, after U.S. budget moves balanced against OPEC narratives. ... more


Tunisia protester death raises fears of more unrest

OIL AND GAS
OPEC-member Kuwait says oil prices won't spike
Washington (UPI) May 23, 2017
While there's broad support for extending the effort to balance the market through production declines, Kuwait's oil minister said oil prices shouldn't spike. ... more
OIL AND GAS
Wood Group to help with Russia's LNG efforts
Washington DC (UPI) May 22, 2017
Scottish energy services company Wood Group said Monday it secured a contract with Russia to help advance Far East liquefied natural gas development. ... more
OIL AND GAS
Tunisia protester 'accidentally' killed in south
Tataouine, Tunisia (AFP) May 22, 2017
A young protester was killed Monday after a national guard vehicle "accidentally" ran him over in south Tunisia, raising fears of mounting social unrest in a region rocked by weeks of protest. ... more
OIL AND GAS
OPEC-fueled oil price rally extends into second week
Washington DC (UPI) May 22, 2017
A narrative from the head of OPEC that efforts to balance the market paid off led to a strong rally in crude oil prices Monday despite signs of sluggish growth. ... more



A full life cycle assessment of second-generation biofuels
Pittsburgh PA (SPX) May 22, 2017
Numerous studies have raised critical concerns about the promise of corn ethanol's ability to mitigate climate change and reduce dependence on fossil fuels. Some of the studies have suggested that after a full life cycle assessment - meaning an analysis of environmental impact throughout all stages of a product's life - biofuels like corn ethanol may not offer any greenhouse gas emissions reduct ... more
Madison WI (SPX) May 22, 2017
Triple play boosting value of renewable fuel could tip market in favor of biomass
Los Alamos NM (SPX) May 22, 2017
Insight into enzyme's 3-D structure could cut biofuel costs
University Park PA (SPX) May 19, 2017
Microbial fuel cell converts methane to electricity
NRL Tests Autonomous 'Soaring with Solar' Concept
Washington DC (SPX) May 22, 2017
Researchers at the U.S. Naval Research Laboratory (NRL), Vehicle Research Section and Photovoltaic Section are building on the proven concept of autonomous cooperative soaring of unmanned aerial vehicles (UAVs). Their research investigates the presence of solar photovoltaics (PV) to the cooperative autonomous soaring techniques, which enables long endurance flights of unmanned sailplanes that us ... more
Vilnius, Lithuania (SPX) May 22, 2017
EU SmartFlex project finishes reference solar facade
Barcelona, Spain (SPX) May 22, 2017
InnoEnergy-backed Solaris Offgrid raises 1M Euro to tackle global electricity poverty
New Bedford MA (SPX) May 18, 2017
Beaumont Solar Announces the Beaumont "Big C" Services Unit to Solar Industry
Scientists track porpoises to assess impact of offshore wind farms
Solomons MD (SPX) May 10, 2017
A new study by scientists at the University of Maryland Center for Environmental Science's Chesapeake Biological Laboratory, Cornell University and Duke University is the first in a series to understand how marine mammals like porpoises, whales, and dolphins may be impacted by the construction of wind farms off the coast of Maryland. The new research offers insight into previously unknown ... more
The Hague (AFP) May 8, 2017
Dutch open 'world's largest offshore' wind farm
London, UK (SPX) May 09, 2017
OX2 will manage a 45 MW wind farm owned by IKEA Group in Lithuania
Washington DC (SPX) May 10, 2017
Building Energy celebrates the beginning of operations and electricity generation of its first wind farm
Swiss vote for gradual nuclear phaseout, energy makeover
Geneva (AFP) May 21, 2017
The Swiss voted Sunday in favour of a massive overhaul of the country's energy system by gradually replacing the power from its ageing nuclear reactors with renewable sources. A full 58.2 percent of Swiss voters supported the shift, according to a final tally after Sunday's referendum, with only four of the country's 26 cantons voting "no". The move has been in the making since shortly a ... more
Paris, France (SPX) May 22, 2017
Hungary: AREVA NP awarded contract for safety IC modernization at Paks Nuclear Power Plant
New Delhi (AFP) May 17, 2017
India to build 10 domestic nuclear power reactors
Tokyo (AFP) May 17, 2017
Japan restarts another reactor
The forces that affect species' movements in a changing climate
Sapporo, Japan (SPX) May 25, 2017
Ocean currents affect how climate change impacts movements of species to cooler regions. A new study published in Scientific Reports provides novel insight into how species' distributions change from the interaction between climate change and ocean currents. As the climate gets warmer, species migrate to new regions where conditions are more tolerable, such as higher latitudes, deeper wate ... more
Berlin (AFP) May 23, 2017
Merkel vows to convince climate change 'doubters'
New York NY (SPX) May 25, 2017
Fossil beetles suggest that LA climate has been relatively stable for 50,000 years
Cape Town (AFP) May 22, 2017
Cape Town region declares drought disaster
China's Geely boosts expansion with Proton, Lotus stakes
Kuala Lumpur (AFP) May 24, 2017
Chinese auto giant Geely on Wednesday stepped up its global expansion drive with a 49.9 percent stake in Malaysia's troubled Proton as well as a 51 percent share in British sports car brand Lotus. The deal would allow the automaker to "strengthen our global footprint and develop a beachhead in Southeast Asia," a region of more than 650 million people, Geely Holding executive vice president D ... more
Beijing (AFP) May 23, 2017
China scrambles to tame bike chaos
Hong Kong (AFP) May 23, 2017
Hong Kong police arrest 21 Uber drivers in sting
Shanghai (AFP) May 22, 2017
China's JAC says electric car tie-up with VW approved
Iraq radio show finds talent amid rubble of Mosul
Arbil, Iraq (AFP) May 25, 2017
It's a radio talent contest with a mission: showcasing the skills of Mosul's youth after years of jihadist rule and a months-long battle for the city. The recorded lyrics of competitor MC Rico, a rapper from Iraq's second city, filled the studio of Al-Ghad - Arabic for "tomorrow". "We saw a lot of horrors when we were young. I wish I hadn't grown up, because when we grew up, we saw even ... more
Mosul, Iraq (AFP) May 19, 2017
On Mosul's front line, Iraqi refuses to quit beloved home
Baghdad (AFP) May 20, 2017
IS-claimed suicide bombings kill 35 in Iraq
Mosul, Iraq (AFP) May 18, 2017
On Mosul front, Iraqi forces come as civilians go
Iran shrugs off Trump threats, missile tests to carry on
Tehran (AFP) May 22, 2017
Iran's newly re-elected President Hassan Rouhani ridiculed US strategy in the Middle East, dismissing Donald Trump's summit with Arab leaders as "just a show" and insisting that missile tests will continue. "Our missiles are for our defence and for peace, they are not offensive. Know that while there is a technical need to conduct missile tests, we will do so and we will ask the permission o ... more
Washington (AFP) May 24, 2017
Trump calls N. Korea's Kim Jong-Un 'madman with nuclear weapons'
Beijing (AFP) May 23, 2017
China's trade with N.Korea falls as pressure mounts
United Nations, United States (AFP) May 23, 2017
China sees 'no reason' not to talk with N. Korea
InterDrone 2017 Las Vegas - Sept 6-8
China gasps at airy speech by grad student in US
Beijing (AFP) May 23, 2017
A young Chinese woman has drawn criticism on social media after unfavourably comparing her homeland's air and politics to those in the US during her graduation speech at an American university. Speaking at the University of Maryland, Yang Shuping said that coming to the United States had been a breath of "fresh air" after growing up in China. "The air was so sweet and fresh and utterly l ... more
Beijing (AFP) May 24, 2017
Jailed Chinese lawyer force-fed medication, wife says
Washington (AFP) May 22, 2017
Branstad, friend of Beijing, confirmed as US envoy to China
Hong Kong (AFP) May 24, 2017
Graft busters arrest 21 over Hong Kong-China bridge
Angry Ivory Coast ex-rebels block access to cities
Bouake, Ivory Coast (AFP) May 22, 2017
Disgruntled former rebels demanding government compensation payments blocked roads Monday into Ivory Coast's second biggest city, Bouake, as well as into the key northern city of Korhogo, AFP reporters said. In Bouake, the former fighters blocked the main road south to the Ivorian economic capital, Abidjan, as well as the northern highway to neighbouring Burkina Faso. "We will not budge, ... more
Lagos (AFP) May 24, 2017
Nigeria seizes illegal arms shipment
Brazzaville (AFP) May 22, 2017
Congo breaks ground on $58 million China-funded parliament building
Bouake, Ivory Coast (AFP) May 23, 2017
Four killed in I.Coast clashes between ex-rebels and police
Lockheed Martin receives F-35 cost-reduction contract
Washington DC (UPI) May 22, 2017
Lockheed Martin Aeronautics Corp. has received a $137.8 million contract modification for cost-reduction programs for the initial low-rate production of the F-35 Lightning II Joint Strike Fighter, the Department of Defense announced on May 19. The work will primarily be performed in Waco, Texas, El Segundo, Calif. and Warton, England, with other work being completed across the United St ... more
Shanghai (AFP) May 22, 2017
China, Russia launch long-haul challenge to Boeing, Airbus
Washington (UPI) May 19, 2017
Boeing considering further Super Hornet upgrades
Hong Kong (AFP) May 22, 2017
Cathay Pacific sacks 600 staff in major shakeup
Chinese tech firm LeEco reverses course in US, cuts 325 jobs
San Francisco (AFP) May 24, 2017
Cash-strapped Chinese tech firm LeEco on Wednesday confirmed that it is throttling back plans to invade the US market, cutting 325 jobs months after announcing a major expansion. The layoffs were reported represent about 70 percent of the company's US staff. "The challenges with raising new capital have made it difficult in the past few months to support all of our business priorities," ... more
Beijing (AFP) May 24, 2017
Germany calls for better EU market access to China
Hanoi (AFP) May 22, 2017
Asia ministers in push for China-led free trade pact
Beijing (AFP) May 24, 2017
Moody's cuts China's rating on debt fears
Directed Energy And Next Generation Munitions - 26-28 June - Washington DC
Erdogan says EU must decide on Turkey membership
Ankara (AFP) May 24, 2017
President Recep Tayyip Erdogan on Wednesday said ahead of crunch talks with the EU's leadership it was up to Brussels to decide if it wanted Turkey as a member of the bloc. Speaking to reporters before leaving Ankara airport for the trip to Brussels which will also see him attend a NATO summit, Erdogan said Turkey was not prepared to behave like a "beggar" to gain membership. Tensions be ... more
Brussels (AFP) May 25, 2017
Trump meets wary NATO and EU in 'hellhole' Brussels
Vatican City (AFP) May 24, 2017
Trump promises peace push after 'fantastic' pope meet
Washington (AFP) May 25, 2017
US Navy ship sails near South China Sea reef claimed by Beijing: US official
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37 million bits of litter on remote islands
Hobart, Australia (SPX) May 23, 2017
The beaches of one of the world's most remote islands have been found to be polluted with the highest density of plastic debris reported anywhere on the planet, in a study published in the prestigious US scientific journal Proceedings of the National Academy of Sciences. Despite being uninhabited and located more than 5000 kilometres from the nearest major population centre, Henderson Isla ... more
Beijing, China (SPX) May 19, 2017
Ozone and haze pollution weakens land carbon uptake in China
Surrey, UK (SPX) May 18, 2017
Cities need to 'green up' to reduce the impact of air pollution
Hanoi (AFP) May 15, 2017
Vietnam arrests activist as MP resigns over mass fish deaths
NASA Lab's Life-Saving Work
Greenbelt MD (SPX) May 22, 2017
Some NASA missions fundamentally change the world of science or help win Nobel prizes, but only one helps save thousands of lives worldwide every year. Employees at NASA's Search and Rescue office spend their days advancing systems critical to locating and saving people in distress, whether from an aviation, marine or other outdoor incident. The office is the primary research and developme ... more
Washington DC (SPX) May 25, 2017
Countries most affected by weather disasters do not spend more on weather services
Washington (AFP) May 23, 2017
Trump budget calls for deep cuts to social safety net
Los Angeles (AFP) May 24, 2017
Massive slide buries stretch of iconic California highway


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