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Oil News and Gas News
March 29, 2017
OIL AND GAS
West Africa oil potential growing



Washington (UPI) Mar 28, 2017
After posting a perfect record in discoveries off the West African coast, Australian energy company FAR Ltd. said its footprint was expanding with a new buy-in. Working through a subsidiary, FAR Ltd. said it was buying into basins off the coast of Gambia from ERIN Energy Corp., which has headquarters in Houston. The Australian company under the terms of the agreement, which still requires government approval, agrees to fund up to $8 million in exploration and production costs. The two Ga ... read more

OIL AND GAS
Low prices at the pump holding thanks to OPEC
Washington (UPI) Mar 28, 2017
Uncertainty surrounding an OPEC-led production agreement is keeping a lid on crude oil prices to the benefit of U.S. motorists at the pump, AAA reported. ... more
OIL AND GAS
Oil prices bounce on signs of market tightening
Washington (UPI) Mar 28, 2017
A wider spread between crude oil benchmarks and signs of trouble in Libya gave oil prices a bounce early Tuesday on signs of short-term tightening of supplies. ... more
OIL AND GAS
Russian oil company reached Iraqi production milestone
Washington (UPI) Mar 28, 2017
Russian oil company Gazprom Neft said it passed a milestone with operations in Iraq by passing the 5 million barrel mark for cumulative production in 2017. ... more
OIL AND GAS
Trump to rewrite environmental laws
Washington (UPI) Mar 28, 2017
White House plans to overhaul environmental regulations Tuesday will be rooted in science and sound economic policy, supporters said, though advocacy groups cried foul. ... more
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Develop commercial strategies for the global deployment of SMRs and Advanced Reactors
MILSATCOM 2017 - 26/27 April, 2017 Colorado Springs
Human 2 Mars Conference May 9-11 2017 - Washington DC
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
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
Dakota Access pipeline prepared for service
Washington (UPI) Mar 28, 2017
According to a report, crude oil has been inserted into the Dakota Access pipeline in North Dakota in preparation for putting the full line in service. ... more
OIL AND GAS
Novel oil spill cleanup technology tested
Worcester MA (SPX) Mar 27, 2017
Tests conducted last week of a novel technology that can greatly accelerate the combustion of crude oil floating on water demonstrated its potential to become an effective tool for minimizing the en ... more
OIL AND GAS
New study defines best materials for carbon capture, methane selectivity
Houston TX (SPX) Mar 27, 2017
Natural gas producers want to draw all the methane they can from a well while sequestering as much carbon dioxide as possible, and could use filters that optimize either carbon capture or methane fl ... more
OIL AND GAS
Oil streak continues offshore Senegal
Washington (UPI) Mar 27, 2017
After going eight-for-eight in oil discoveries off the coast of Senegal, Australian energy company FAR Ltd. said it expects a revision to reserve estimates. ... more
OIL AND GAS
More than $2 billion in spending slated offshore Norway
Washington (UPI) Mar 27, 2017
Norwegian energy company Statoil said it submitted plans to the government to spend more than $2 billion to revitalize operations in the Norwegian Sea. ... more
OIL AND GAS
Maersk Oil gets new oil out of the North Sea
Washington (UPI) Mar 27, 2017
Calling it a driver for value, Maersk Oil said oil started flowing from its Flyndre field in the British and Norwegian waters of the North Sea for the first time. ... more


Russia's Lukoil to invest more offshore this year

OIL AND GAS
Development progressing for new Gulf of Mexico field
Washington (UPI) Mar 27, 2017
In a sign of sector confidence, French energy services company TechnipFMC said it got a contract to help build new production components in the Gulf of Mexico. ... more
OIL AND GAS
Oil loses out after weekend meeting of OPEC
Washington (UPI) Mar 27, 2017
Crude oil prices lost traction early Monday after parties to an OPEC-led production deal delayed action on a possible extension until next month. ... more
OIL AND GAS
China oil giant Sinopec posts 44% jump in net profit
Shanghai (AFP) March 27, 2017
State-owned Chinese energy major Sinopec said 2016 net profit jumped 44 percent, its first annual profit rise in three years, as strong demand and better margins in its downstream refining business helped offset low oil prices. ... more
OIL AND GAS
Energy sector gains having spillover effect for Texas
Washington (UPI) Mar 27, 2017
Gains in the energy sector are spilling over into other parts of the economy, with manufacturing getting some secondary support, a Texas economist said. ... more

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Community in chaotic Jakarta goes green to fight eviction
Jakarta (AFP) March 20, 2017
Brightly coloured wooden and brick houses line a clean riverside path amid trees and vegetable gardens, a tranquil scene in the normally chaotic Indonesian capital Jakarta. Residents have transformed the "kampung", as traditional neighbourhoods are known in Indonesia, into a model of clean and green living in an effort to fight off the threat of eviction. Tongkol kampung was once much ... more
Upton NY (SPX) Mar 27, 2017
Chemists ID catalytic 'key' for converting CO2 to methanol
Upton NY (SPX) Mar 21, 2017
Study IDs link between sugar signaling and regulation of oil production in plants
Hampton VA (SPX) Mar 16, 2017
NASA Study Confirms Biofuels Reduce Jet Engine Pollution
Artificial photosynthesis steps into the light
Houston TX (SPX) Mar 27, 2017
Rice University scientists have created an efficient, simple-to-manufacture oxygen-evolution catalyst that pairs well with semiconductors for solar water splitting, the conversion of solar energy to chemical energy in the form of hydrogen and oxygen. The lab of Kenton Whitmire, a Rice professor of chemistry, teamed up with researchers at the University of Houston and discovered that growin ... more
London, UK (SPX) Mar 29, 2017
Nanomaterials that makes harvesting sunlight easier
Stanford CA (SPX) Mar 27, 2017
New Stanford study calls for US solar policy reform
Billings MT (SPX) Mar 29, 2017
Colstrip bill risks shutting door to Montana's renewable power future
Mega-wind farm offshore Denmark clears hurdle
Washington (UPI) Mar 28, 2017
Danish plans to build one of the larger wind farms in European territorial waters are in line with competition and environmental goals there, a governing body said. Denmark in February told the European Commission it was offering state-backed premiums for the price of electricity to support the Kriegers Flak offshore wind farm. Margrethe Vestager, the European commissioner in charge of ... more
Washington (UPI) Mar 17, 2017
North Carolina offshore wind hailed as job creator
Washington (UPI) Mar 16, 2017
North Carolina ready for offshore wind energy auction
London (UPI) Mar 13, 2017
Flagship English Channel wind farm nears completion
Japan high court rules nuclear reactors can restart
Tokyo (AFP) March 28, 2017
A Japanese appeals court on Tuesday ruled that a pair of nuclear reactors halted by a lower court order can be restarted, in a victory for Prime Minister Shinzo Abe's energy policy. Japan shut down all of its reactors after the Fukushima nuclear crisis in 2011, relying on imported fossil fuels to power its economy. Due to public opposition, only a handful have since been restarted. But A ... more
Tokyo (AFP) March 15, 2017
Loss-hit Toshiba nosedives on fears about future
London, UK (SPX) Mar 13, 2017
The EIC and Nuclear AMRC sign MoU
Washington (UPI) Mar 14, 2017
German energy company RWE evolving for success
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Number of Kenyans going hungry doubles to 3 mln: Red Cross
Nairobi (AFP) March 28, 2017
The number of Kenyans needing emergency food aid has doubled in the past three months to three million, the Red Cross said Tuesday, as the impact of a devastating drought worsens. Kenya is one of several East African countries suffering from food crises, along with Ethiopia; South Sudan, where famine has already been declared; and Somalia, on the brink of its third famine in 25 years. Ou ... more
Paris (ESA) Mar 29, 2017
Climate at your fingertips
New York (AFP) March 23, 2017
Tillerson alias emails from his ExxonMobil era prove elusive
Baidoa, Somalia (AFP) March 20, 2017
Cloaked in rags and dust, Somalis flee looming famine
Germany pushing e-mobility options
Washington (UPI) Mar 20, 2017
German energy company E.ON said Monday it was working within a government program to advance charging points for electric-powered mobility options. The company's subsidiaries submitted grant applications for more than 700 charging stations on behalf of the municipalities in which they operate. "Using various models, E.ON's regional companies are offering charging solutions for al ... more
San Francisco (AFP) March 27, 2017
Uber putting self-driving cars back on the road
Washington (AFP) March 28, 2017
China's Tencent takes 5% stake in Tesla: SEC filing
London (AFP) March 22, 2017
China's Geely opens UK plant for electric London taxis
Iraq forces launch renewed attack on Mosul's Old City
Arbil, Iraq (AFP) March 27, 2017
Iraqi forces renewed their assault Monday against jihadists in Mosul's Old City, after days in which the battle was overshadowed by reports of heavy civilian casualties from air strikes. Iraqi forces began the massive operation to retake west Mosul from the Islamic State (IS) group last month and have recaptured a series of neighbourhoods, but the battle poses a major threat to civilians in ... more
Mosul, Iraq (AFP) March 28, 2017
US-led coalition 'probably' had role in Mosul civilian casualties
Mosul, Iraq (AFP) March 26, 2017
Iraqis remove bodies from rubble in west Mosul
Near Mosul, Iraq (AFP) March 25, 2017
Mosul exodus as air strikes kill 'dozens'
US leads boycott of nuclear weapons ban talks
United Nations, United States (AFP) March 27, 2017
More than 100 countries on Monday launched the first UN talks aimed at achieving a legally binding ban on nuclear weapons, as Washington led an international boycott of a process it deems unrealistic. Before the conference had even begun, the US ambassador to the UN, Nikki Haley, spoke out to reject the proposal in the light of current global security threats. "As a mom and a daughter th ... more
Seoul (AFP) March 22, 2017
North Korea's parliament to hold rare meeting: KCNA
Washington (AFP) March 23, 2017
China's ZTE pleads guilty to violating US sanctions on Iran, N.Korea
Washington (AFP) March 23, 2017
US sees 'activity' at N. Korea nuke sites: US official
MILSATCOM 2017 - 26/27 April, 2017 Colorado Springs
China's favourite Lam wins Hong Kong leadership, vows to heal rifts
Hong Kong (AFP) March 26, 2017
Hong Kong's new leader Carrie Lam pledged Sunday to mend political rifts after winning a vote dismissed as a sham by democracy activists who fear the loss of the city's cherished freedoms. The former career civil servant was chosen as next chief executive of the semi-autonomous city by a mainly pro-China committee. She was widely seen as Beijing's favourite candidate. Her main rival, ex- ... more
Hong Kong (AFP) March 26, 2017
Beijing favourite Lam wins Hong Kong leadership
Beijing (AFP) March 27, 2017
Australia-based professor blocked from leaving China
Hong Kong (AFP) March 27, 2017
Hong Kong targets activists day after vote
Mali's former rebels agree to join peace conference
Bamako (AFP) March 28, 2017
Former rebels in Mali on Tuesday reversed a decision to boycott a national reconciliation conference after receiving assurances from the government, a spokesman said. The talks were agreed in a 2015 peace deal signed by Tuareg-led rebels, the government and pro-Bamako militias aimed at ending successive separatist uprisings in Mali's north, most recently in 2012, and to isolate jihadist grou ... more
Cotonou (AFP) March 27, 2017
Benin's defence minister quits over constitutional reform
Bamako (AFP) March 27, 2017
Mali peace conference hit by boycott
Washington (AFP) March 24, 2017
Operations against Kony's LRA 'coming to an end': US general
Human 2 Mars Conference May 9-11 2017 - Washington DC
Raytheon tapped for Super Hornet, Growler radar upgrades
Washington (UPI) Mar 24, 2017
Raytheon received a $17.8 million contract to upgrade radars used on F/A-18 and EA-18G aircraft operated by the U.S. Navy and the Australian air force. The AN/APG-79 Active Electronically Scanned Array radar is already in full-rate production for both armed forces. According to Raytheon, the device allows radar beams to be steered at close to the speed of light, resulting in enhanced si ... more
Washington (UPI) Mar 23, 2017
French government approves Rafale F4 upgrades
Washington (UPI) Mar 23, 2017
U.S. Air Force buys additional Boeing QF-16 targets
Washington (UPI) Mar 28, 2017
Serbia to receive MiG-29 fighters from Russia
Unforeseen impacts of the fair trade movement
Newark DE (SPX) Mar 21, 2017
Fair trade certified coffee is the kind of phrase that sounds good on a Whole Foods shelf, the type of marketing that merges first world affluence with third world resource. For the average consumer, it implies fairness in labor and wealth, the idea that small producers profit directly from the products and goods they produce. The reality is far more complex, says Lindsay Naylor, assistant ... more
Geneva (AFP) March 28, 2017
WTO hands China partial win over EU in poultry spat
Sydney (AFP) March 24, 2017
China inks $4.6 billion deal for Australia mine project
Brussels (AFP) March 27, 2017
EU clears Dow-DuPont chemicals mega-merger
InterDrone 2017 Las Vegas - Sept 6-8
Property and credit booms stablise China growth
Beijing (AFP) Oct 19, 2016
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
New York (AFP) Oct 14, 2016
China data and US banks propel equities higher
Beijing (AFP) Oct 11, 2016
No debt-for-equity cure for zombie firms, says China
Beijing (AFP) Oct 13, 2016
China's ranks of super-rich rise despite economic slowdown
New talks on eve of Tillerson visit
Brussels (AFP) March 28, 2017
NATO ambassadors will meet the Russian envoy on Thursday in a new bid to ease tensions on the eve of the alliance's first talks with US Secretary of State Rex Tillerson. The ambassadors will discuss the crisis in Ukraine as well as Afghanistan's security, and terrorism in the region, a NATO official said. "Following consultations with the members of the NATO-Russia Council (NRC), I have ... more
Washington (AFP) March 28, 2017
US general seeks weapons support for Ukraine
Manila (AFP) March 27, 2017
Japan loans Manila military planes for South China Sea
Washington (AFP) March 27, 2017
US Senate advances approval of Montenegro into NATO
Paris mayor orders cleanliness blitz
Paris (AFP) March 27, 2017
Paris Mayor Anne Hidalgo on Monday unveiled a grand plan to clean up the French capital, putting teeth into the campaign by stepping up enforcement operations. The city will be "uncompromising with those who sully the public space," she said, addressing one of the main complaints of residents and tourists alike. The Socialist mayor said the squad of police handing out fines - dubbed the ... more
Bogota (AFP) March 27, 2017
Colombian town votes against gold mine, in vain
Basque Country, Spain (SPX) Mar 29, 2017
Rocks that tell our industrial history
Minneapolis, MN (SPX) Mar 23, 2017
'Super sponge' promises effective toxic clean-up of lakes and more
Extreme space weather: Protecting our critical infrastructure
Munich, Germany (SPX) Mar 27, 2017
Extreme space weather has a global footprint and the potential to damage critical infrastructure on the ground and in space. A new report from the European Commission's Joint Research Centre (JRC) calls for bridging knowledge gaps and for better coordination at EU level to reduce the potential impact of space weather events. The sun shapes the space environment around the Earth. This so-ca ... more
Washington (UPI) Mar 20, 2017
Video game study suggests people will remain calm as the world ends
Dhaka (IANS) Mar 27, 2017
Bangladesh to join India's South Asia Satellite initiative
Luxembourg (SPX) Mar 23, 2017
SES is enabling disaster response and connecting affected communities


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