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Oil News and Gas News
February 15, 2017
OIL AND GAS
Norway heralds new North Sea production



Oslo, Norway (UPI) Feb 14, 2017
The start of new production in the North Sea is a testament to the enduring strength of Norway's energy sector, the country's energy minister said. Norwegian Energy Minister Terje Soviknes was on hand for the official launch of the Ivar Aasen field in the country's territorial waters in the North Sea. Ivar Aasen, operated by Norwegian group Aker BP, has a total cost framework of $3.3 billion and could be in service for the next 20 years. "The development of Ivar Aasen is an important mil ... read more

OIL AND GAS
World Bank chief visits oil-rich Saudi Arabia
Riyadh received support for a new economic vision from the World Bank, the government said as representatives met on the sidelines with OPEC. ... more
OIL AND GAS
U.S. gas prices remain relatively stable
Retail gasoline prices in the United States continue to hold steady despite regional fluctuations because oil markets in are limbo, a market survey found. ... more
OIL AND GAS
Oil prices recover lost ground after Monday's beating
Tepid growth in the European economy and a recovery phase following steady losses in the previous session pushed oil prices higher early Tuesday. ... more
OIL AND GAS
'Strange black soot' blankets Nigeria's oil hub
The Nigerian city of Port Harcourt used to be known as "The Garden City" because of its soaring palm trees and green open spaces. ... more
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DSI 4th Space Resiliency Summit November 28-29, 2017 Alexandria, VA
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
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OIL AND GAS
US tribe asks court to reverse Trump administration on pipeline
The Native American tribe at the center of protests against the Dakota Access pipeline in the northern United States, on Tuesday asked a federal court to reverse the Trump administration's decision to let the project proceed. ... more
OIL AND GAS
Alberta honors oil legacy
With the nation's prime minister in Washington discussing trade issues, leaders in Alberta commemorated the economic legacy of oil and gas. ... more
OIL AND GAS
Canada closer to breaking oil landlock
A review board in Canada said it started a detailed approval process for the route of the expanded Trans Mountain pipeline to the western shore. ... more
OIL AND GAS
More drilling permits issued in Texas
The number of new drilling permits issued in Texas last month was more than 80 percent higher than the previous year, state data show. ... more
OIL AND GAS
U.S. oil production looking robust, OPEC says
The recovery in crude oil prices means more oil likely from U.S. shale deposits, though immediate gains are coming from offshore, OPEC said. ... more
OIL AND GAS
Facing multiple pressures, oil prices move lower
Gains in production from some OPEC members, expected U.S. gains and European economic concerns pushed oil prices lower early Monday. ... more


Lundin Petroleum: Sole focus is now on offshore Norway

OIL AND GAS
China's oil demand growing, but at a slower pace
A metric used to gauge oil demand in China, the world's second-largest economy, show steady gains but at a slower pace than before, S&P Global Platts said. ... more
OIL AND GAS
Rice takes deeper look at unconventional oil and gas
Understanding how oil and gas molecules, water and rocks interact at the nanoscale will help make extraction of hydrocarbons through hydraulic fracturing more efficient, according to Rice University ... more
OIL AND GAS
Methane levels have increased in Marcellus Shale region despite dip in well installation
Despite a slow down in the number of new natural gas wells in the Marcellus Shale region of Northeast Pennsylvania, new research led by Drexel University finds that atmospheric methane levels in the ... more
OIL AND GAS
Dakota pipeline work resumes, US tribe heads to court
Construction has begun on the final segment of the controversial Dakota Access oil pipeline in the northern United States, prompting a court challenge from a Native American tribe which says its religious rights are under threat. ... more

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Alberta backing bioenergy programs
The provincial government of Alberta said it was creating new jobs by offering funding to support bioenergy and a low-carbon future. The government said it was offering up to $45 million to support a bioenergy producer program aimed at deriving fuels from crops and livestock waste. The industry already powers the equivalent of 200,000 average households in Alberta and contributes ... more
A better way to farm algae

DuPont Industrial Biosciences to develop new high-efficiency biogas enzyme method

Cathay Pacific to cut emissions with switch to biofuel

Governors tell Trump that China will reap low-carbon rewards
Strong economic powers like China may take over as the global leaders in renewable energy and leave the U.S. economy depending on Beijing, state governors said. A bipartisan group of state governors working through a wind and solar energy coalition called on President Donald Trump to put his political weight behind the nation's renewable energy sector. "If the United States does ... more
First Solar Awarded 140Mw Module Supply Contract For Australia'S Largest Solar Project

Magnolia Solar awarded US Patent for High Efficiency Multijunction Solar Cell

French government gets renewable energy endorsement

British grid drawing power from new offshore wind farm
While only a fraction of the total capacity is realized, Norwegian energy company Statoil said the British grid is getting power from its latest wind farm. Statoil announced its first wind turbine from the Dudgeon facility off the British coast was now providing electricity to the nation's grid. Up to 6,000 homes are now getting power from offshore wind. Once in full operation later thi ... more
Prysmian UK to supply land cable connections for East Anglia ONE offshore wind farm

Russia's nuclear giant pushes into wind energy

The power of wind energy and how to use it

'No risk' in Benin after truck with chemical for nuclear production crashes
The French nuclear group Areva said Tuesday a truck carrying a chemical used in the uranium fuel process had tipped over in Benin, but there was "no risk" of contamination. The accident occurred in the West African country on Sunday near Dassa, about 200 kilometres (125 miles) north of the capital Cotonou. The truck was carrying uranate, an oxide used in the process to make nuclear fuel. ... more
Explosion at French nuclear plant, 'no radiation risk'

Three new uranium minerals from Utah

Iran imports 149 tonnes of uranium from Russia: atomic chief

Gas hydrate breakdown unlikely to cause massive greenhouse gas release
The breakdown of methane hydrates due to warming climate is unlikely to lead to massive amounts of methane being released to the atmosphere, according to a recent interpretive review of scientific literature performed by the U.S. Geological Survey and the University of Rochester. Methane hydrate, which is also referred to as gas hydrate, is a naturally-occurring, ice-like form of methane and wat ... more
Scientists argue current climate change models understate the problem

Researchers say climate models understate risk, ignore human factors

Cape Town pools crack down on splashing as drought bites

Tesla takes on Gulf gas guzzlers
Electric carmaker Tesla announced the opening of a new Gulf headquarters Monday in Dubai, aiming to conquer an oil-rich region better known for gas guzzlers than environmentally friendly motoring. Elon Musk, the co-founder and chief executive of the American firm seeking to revolutionise the electric car market, was in the affluent city state to oversee the launch of the Gulf sales push. ... more
Dubai aims to launch hover-taxi by July

China jails ex-chairman of auto giant FAW for bribery

Germany to expand infrastructure for electric vehicles

DSI 4th Space Resiliency Summit November 28-29, 2017 Alexandria, VA
Thousands pay homage to victims of Baghdad protest
Thousands of Iraqis, mostly supporters of prominent cleric Moqtada Sadr, gathered in Baghdad Tuesday to pay their respects to seven people killed last week during a protest for electoral reform. Wearing black and waving Iraqi flags, the crowd laid flowers on mock coffins during a large but peaceful ceremony in the Iraqi capital's Tahrir square, where Saturday's deadly rally also took place. ... more
Iraq's 'cycling girls' ride for freedom

Valentine's Day returns to Iraq's IS-free east Mosul

Iraq hits IS commanders, Baghdadi fate unclear: statement

U.S. Air Force test-launches Minuteman III missile
U.S. Air Force personnel from bases in Minot, N.D., and Vandenberg, Calif., completed a test launch with an unarmed Minuteman III missile. The Minuteman is an intercontinental ballistic missile, or ICBM, capable of carrying nuclear warheads. U.S. Air Force officials say the operational launch was conducted to verify the missile's capability as a nuclear deterrent. Prior to the la ... more
N. Korea fires ballistic missile in challenge to Trump: Seoul

China expels dozens of S. Korean missionaries

UN condemns N. Korea missile launch as Trump vows strong response

Fear has made me stronger: Hong Kong bookseller
The disappearance of a Chinese billionaire from his Hong Kong hotel has brought back frightening memories for bookseller Lam Wing-kee, who also went missing in an ordeal that highlighted Beijing's tightening grip on the city. Lam is one of five Hong Kong publishers who vanished at the end of 2015 and resurfaced across the border in mainland China. He returned to Hong Kong on bail after eight ... more
Hong Kong police guilty over attack on democracy protester

Hole is where the heart is for Chinese cave dwellers

'Unfair' Hong Kong election sparks fresh democracy calls

S. Sudan army says general who quit was 'deeply' corrupt
South Sudan's army said Tuesday a general who quit after accusing President Salva Kiir and his tribe of "ethnic cleansing" was corrupt and had fled to evade arrest. Lieutenant-General Thomas Cirillo Swaka, then deputy chief of general staff for logistics, resigned last week accusing Kiir, aides and other army officers of violating a 2015 peace deal. They had "systematically frustrated th ... more
Ivory Coast arrests six journalists over mutiny 'false information'

I. Coast govt pursues bid to end mutiny by elite troops

Ivory Coast govt in bid to end elite troops' mutiny

International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Airbus contracts CAE for C295W training simulation
Airbus Defense and Space awarded CAE an 11-year contract to support the Canadian government's Fixed-Wing Search and Rescue program. Under the contract, valued at over $229 million, CAE will integrate training systems to prepare Canadian pilots to fly the C295W military transport aircraft. Canada selected to the aircraft as its new fixed-wing search-and-rescue platform in December 2016. ... more
Saab offers high-tech jet production hub to India

How to decrease the mass of aircrafts

Israeli companies cash in on F-35 contract work

China's steel capacity grew in 2016 despite pledges
China increased its steelmaking capacity last year by more than twice Britain's annual output, a report said Monday, despite repeated pledges to cut huge excess in the sector. China makes more than half the world's steel but a slowdown in its economy and sagging global demand has left the industry with massive excess capacity. It has been accused of dumping its production on world mark ... more
IAI completes IUHDSS port security project in India

EU Parliament to vote on Canada trade deal

Surge in China factory-gate prices fans inflation hopes

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

China FM to attend G20 meeting alongside Tillerson
Chinese foreign minister Wang Yi will attend a G20 gathering this week, China announced Tuesday, setting up a possible first encounter with new US Secretary of State Rex Tillerson. Last week, as Sino-US tensions over Taiwan simmered, it seemed Wang would skip the meeting of top diplomats from the Group of 20 nations opening in Bonn Thursday to be at a Beijing event. But following a conci ... more
Flynn resignation has 'no impact' on US message to NATO: Pentagon chief

Chinese, US aircraft in 'unsafe' encounter over South China Sea: US

Children learn patriotic spirit at "Red Army school"

Daily Newsletters - Space - Military - Environment - Energy
Banned chemicals from the '70s found in the deepest reaches of the ocean
A study, led by Newcastle University's Dr Alan Jamieson, has uncovered the first evidence that man-made pollutants have now reached the farthest corners of our earth. Sampling amphipods from the Pacific Ocean's Mariana and Kermadec trenches - which are over 10 kilometres deep and 7,000 km apart - the team found extremely high levels of Persistent Organic Pollutants - or POPs - in the organism's ... more
Vietnam fishermen clash with police over toxic waste

Israel court rules against 'nuclear' ammonia tank

Philippines to review mines closure order

Free hairdos to boost confidence of displaced Iraqi women
Twice a month, beautician Chnoor Khezri takes her equipment to a camp near Mosul and gives displaced Iraqi women who have lost everything a proper pampering and some fresh confidence. In a small room inside the camp, the young Iranian Kurd takes out her brushes and scissors and puts blue wax to heat up in a pot. "It's not much but I work miracles with this," she says. More than 3,600 wom ... more
Myanmar jade mine landslide kills 9: official

Justice for victims of Nepal's civil war slips away

Six cosmic catastrophes that could wipe out life on Earth



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