Subscribe free to our newsletters via your
Oil News and Gas News
March 16, 2017
OIL AND GAS
Moody's: Shaky economic ground for some oil exporters



New York NY (UPI) Mar 15, 2017
The economic footing of Persian Gulf nations is under pressure from the decline in crude oil prices that began three years ago, Moody's Investors Service said. Crude oil prices started their descent from $100 per barrel in 2014 as a glut of oil started to build in the market in response to U.S. shale oil production and robust policies from an Organization of Petroleum Exporting Countries defending a market share through strong output. The price of oil last year sunk to a historic low below $30 ... read more

OIL AND GAS
How Trump's trip to Michigan will pan out for fuel and efficiency
Detroit MI (UPI) Mar 15, 2017
As President Trump heads to Michigan on Wednesday to roll out relaxed vehicle emissions and fuel standards, debates began early over the potential results. ... more
OIL AND GAS
Be patient on oil market balance, IEA says
Vienna (UPI) Mar 15, 2017
There's nothing shocking in the steady build of crude oil inventory levels and those waiting for the market to balance out should be patient, the IEA said. ... more
OIL AND GAS
Germany's E.ON next to turn face to low-carbon future
Berlin (UPI) Mar 15, 2017
German energy company E.ON said Wednesday it's been able to free itself from past burdens and was positioned for growth in a "new energy world." ... more
OIL AND GAS
Crude oil prices hot out of the gate Wednesday
Houston TX (UPI) Mar 15, 2017
Crude oil prices offset several sessions of steep declines with an early Wednesday morning rally on reports of a surprise draw on U.S. crude oil inventories. ... more
Previous Issues Mar 15 Mar 14 Mar 13 Mar 10 Mar 09
OILGASDAILY

Space Media Advertising Solutions
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
Total starts production in deep Congolese waters
Washington (UPI) Mar 15, 2017
French supermajor Total said it started production at a deep-water prospect off the Congolese coast with a production capacity of 100,000 barrels per day. ... more
OIL AND GAS
Oil production ongoing in Libya, OMV says
Zurich (UPI) Mar 15, 2017
A spokesperson for Austrian energy company OMV said oil production in Libya is ongoing and the opportunity for gains is expected this year. ... more
OIL AND GAS
Russia reacts to steep drop in oil prices
Washington (UPI) Mar 14, 2017
The dramatic drop in crude oil prices is in large part because of "aggressive" output in the United States, but OPEC still factors in, a Russian minister said. ... more
OIL AND GAS
Production gains seen in some OPEC members
Washington (UPI) Mar 14, 2017
Secondary sources reporting to OPEC said member states operating outside a production deal increased production last month by more than 80,000 barrels per day. ... more
OIL AND GAS
Drop in crude oil prices keep U.S. gas prices low
Washington (UPI) Mar 14, 2017
A drop in crude oil prices was a relief for U.S. consumers who saw retail gas prices drop in kind, but the relief may be short-lived, a market analysis finds. ... more
OIL AND GAS
Enbridge gets an earful over northern Michigan underwater pipeline
Washington (UPI) Mar 14, 2017
Pipeline company Enbridge faced scrutiny over the integrity of a pipeline system in Michigan, though a director said a Mackinac Straits system was sound. ... more


Crude oil prices move lower on OPEC production data

OIL AND GAS
Europe vetting comments on Russia's control over gas
Brussels (UPI) Mar 13, 2017
All interested parties are invited to offer comments on whether or not Russian natural gas company Gazprom is playing by the rules in Europe, the European Commission said in a report on Monday. ... more
OIL AND GAS
AMEC Foster Wheeler agrees to $2.6B takeover by Wood Group
London (UPI) Mar 13, 2017
Wood Group will purchase AMEC Foster Wheeler for $2.6 billion in a move that will combine two of Britain's largest energy services. ... more
OIL AND GAS
Broader pressures remain, though Texas energy sector recovering
Dallas (UPI) Mar 13, 2017
There were twice as many oil and natural gas discoveries recorded in Texas in February than during the previous month, a state regulator reported. ... more
OIL AND GAS
Business confidence improving for oil-rich Russia
Moscow (UPI) Mar 13, 2017
With crude oil prices improving over last year's slump, a market report finds most companies in Russia are expecting modest recovery. ... more

Space Media Advertising


Scientists harness solar power to produce clean hydrogen from biomass
Cambridge, UK (SPX) Mar 15, 2017
A team of scientists at the University of Cambridge has developed a way of using solar power to generate a fuel that is both sustainable and relatively cheap to produce. It's using natural light to generate hydrogen from biomass. One of the challenges facing modern society is what it does with its waste products. As natural resources decline in abundance, using waste for energy is becoming more ... more
Gothenburg, Sweden (SPX) Mar 13, 2017
Petrol and jet fuel alternatives are produced by yeast cell factories
University Park PA (SPX) Mar 13, 2017
Energy crop production on conservation lands may not boost greenhouse gases
Pullman WA (SPX) Mar 07, 2017
Tree growth model assists breeding for more wood
EU close to 2020 renewable energy target
Washington (UPI) Mar 14, 2017
Members of the European Union are about 3 percentage points away from meeting their 2020 objectives for renewable energy, its statistics office reported. Members of the EU agreed to a benchmark of 20 percent for a share of renewable energy on their grids by 2020. Eurostat, the bloc's record-keeping office, said the share of renewable energy in final consumption in 2015, the last full ye ... more
Barrington RI (SPX) Mar 15, 2017
Nuera Solar Announces Partnership with The Solar Village Project
Los Alamos NM (SPX) Mar 13, 2017
Perovskite edges can be tuned for optoelectronic performance
Lappeenranta, Finland (SPX) Mar 13, 2017
Iran and Middle East could adopt fully renewable electricity systems
Flagship English Channel wind farm nears completion
London (UPI) Mar 13, 2017
The first turbines for the English Channel's Rampion wind farm, which will meet the demands of nearly 347,000 homes, are installed, a German company said. German energy company E.ON said the first of the 116 turbines were installed off the coast of Sussex during the weekend. With a peak capacity of 400 megawatts, the Rampion wind farm will meet the average demands of nearly 347,000 aver ... more
Paris (UPI) Mar 06, 2017
French, Spanish companies set for more wind power off coast of France
Washington DC (UPI) Mar 07, 2017
Wind energy gaining traction, U.S. trade group says
Essen, Germany (UPI) Mar 3, 2017
German company to store US wind energy in batteries in Texas
The EIC and Nuclear AMRC sign MoU
London, UK (SPX) Mar 13, 2017
Two leading organisations within the UK's nuclear industry, the Energy Industries Council (EIC) and the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), have signed a Memorandum of Understanding (MoU) to work together to promote global opportunities in the nuclear industry and support UK companies to enter the sector, at a ceremony held at the Nuclear AMRC's Rotherham campus on Tue ... more
Tokyo (AFP) March 15, 2017
Loss-hit Toshiba nosedives on fears about future
Manchester UK (SPX) Mar 13, 2017
Potential approach to how radioactive elements could be 'fished out' of nuclear waste
Washington (UPI) Mar 14, 2017
German energy company RWE evolving for success
Subscribe free to our
newsletters via your





















Cold climates and ocean carbon sequestration
Pasadena CA (SPX) Mar 15, 2017
We know a lot about how carbon dioxide (CO2) levels can drive climate change, but how about the way that climate change can cause fluctuations in CO2 levels? New research from an international team of scientists reveals one of the mechanisms by which a colder climate was accompanied by depleted atmospheric CO2 during past ice ages. The overall goal of the work is to better understand how and why ... more
Berkeley CA (SPX) Mar 13, 2017
Soils could release much more carbon than expected as climate warms
Potsdam, Germany (SPX) Mar 15, 2017
Vicious circle of drought and forest loss in the Amazon
Niamey (AFP) March 10, 2017
Niger drought leaves schools closed
German prosecutors search Audi offices over 'dieselgate'
Frankfurt Am Main (AFP) March 15, 2017
State prosecutors in southern Germany said Wednesday they had searched offices belonging to carmaker Audi over parent company Volkswagen's diesel emissions cheating scandal. Investigators from Bavaria, Baden-Wuerttemberg and Lower Saxony states searched "sites belonging to Audi AG and seven other locations" on suspicion of "fraud and illegal advertising", Munich prosecutors said in a stateme ... more
Paris (AFP) March 15, 2017
Renault chiefs implicated in decades-long emissions fraud: probe
Washington (AFP) March 15, 2017
US launches probe after hoverboard fire kills two-year-old
Jerusalem (AFP) March 13, 2017
Intel buying Israeli car tech firm Mobileye for $15 bn
Nearly 100,000 Iraqis flee battle for west Mosul
Mosul, Iraq (AFP) March 15, 2017
Nearly 100,000 people have poured out of west Mosul in less than three weeks, the IOM said Wednesday, as Iraqi forces advance in their battle to retake the area from jihadists. Iraqi security forces launched a major push last month to recapture west Mosul, the most populated urban area still held by the Islamic State group with an estimated 750,000 residents when the battle began. Iraqi ... more
Mosul, Iraq (AFP) March 13, 2017
Iraq forces advance in Mosul, search for militants and bombs
Mosul, Iraq (AFP) March 14, 2017
Iraq forces retake Mosul train station
Mosul, Iraq (AFP) March 11, 2017
Fear and hunger in Iraq's west Mosul
Top US envoy begins Asia tour amid North Korea crisis
Tokyo (AFP) March 15, 2017
Washington's top diplomat arrived in Tokyo on Wednesday to kick off a first tour of Asian capitals under the shadow of North Korea's nuclear posturing. An airplane carrying Secretary of State Rex Tillerson landed at the capital's Haneda airport Wednesday night, greeted by both Japanese and US officials. Tillerson has promised to take a tough line on Kim Jong-un's isolated regime as he ta ... more
Moscow (Sputnik) Mar 13, 2017
Iran Postpones Rocket Carrier Launch Fearing US Threats
Washington (AFP) March 9, 2017
US move on North Korea tests risks China clash
Seoul (AFP) Mar 12, 2017
South Korea's Moon vows 'new history' after impeachment
MILSATCOM 2017 - 26/27 April, 2017 Colorado Springs
Tillerson to East Asia in shadow of North Korea threat
Washington (AFP) March 13, 2017
With North Korea's drive to field a nuclear-armed missile rapidly emerging as President Donald Trump's first foreign crisis, his top diplomat is heading to a nervous region. US Secretary of State Rex Tillerson, a former oil executive with no government experience, has yet to make an impact in Washington, where he has not even appointed a senior staff. But this week he will head as emissa ... more
Beijing (AFP) March 14, 2017
'Tell it like it is': China delegate rips meek Congress
Beijing (AFP) March 13, 2017
China lawmakers draft rules against defaming 'heroes'
Hong Kong (AFP) March 14, 2017
Hong Kong leadership rivals clash ahead of 'unfair' vote
Senegal extradites Guinean soldier wanted over massacre
Conakry (AFP) March 13, 2017
A Guinean soldier wanted over the massacre of more than 150 people in a Conakry stadium has been extradited, ending years on the run in neighbouring Senegal and paving the way for his trial. Aboubakar Sidiki Diakite, also known as Toumba Diakite, was an aide de camp to Guinean coup leader Dadis Camara when 157 people were killed in September 2009 at an opposition rally. Witnesses reporte ... more
Addis Ababa (AFP) March 10, 2017
.africa joins the internet
Abuja (AFP) March 8, 2017
Nigerian military to probe rights abuse claims
Bamako (AFP) March 5, 2017
11 Malian soldiers killed in attack on border base
Human 2 Mars Conference May 9-11 2017 - Washington DC
Reduce Fuel Burn With a Dose of BLI
Washington DC (SPX) Mar 15, 2017
It sounds like a cause of heart burn. Instead, Boundary Layer Ingestion - or BLI - is a promising idea NASA researchers are studying to reduce fuel burn in jet engines, thus reducing emissions and the cost of operating the aircraft. At its simplest: With BLI, an airplane's engines are located near the rear of the aircraft so that air flowing over the aircraft body becomes part of the mix o ... more
Paris (ESA) Mar 15, 2017
No obstacles for airports using satellites
Hampton VA (SPX) Mar 16, 2017
NASA Study Confirms Biofuels Reduce Jet Engine Pollution
Washington (UPI) Mar 13, 2017
MDH debuts multi-mission concept helicopter
Family of Trump son-in-law in $4 bn deal with Chinese company
Washington (AFP) March 14, 2017
A company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is set to receive more than $400 million from a Chinese firm that is investing in its Manhattan office tower, Bloomberg reported Monday. The Kushner Companies deal with Anbang Insurance Group for the property at 666 Fifth Avenue is worth $4 billion, with real estate experts calling it an unusually favorable ... more
Beijing (AFP) March 15, 2017
Chinese premier warns US against 'trade war'
Beijing (AFP) March 14, 2017
China industrial output offers fresh sign of stability
Beijing (AFP) March 12, 2017
Ivanka Trump is exception to dad's 'Buy American' rule
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
NATO head says more defence spending 'essential' to US ties
Brussels (AFP) March 13, 2017
NATO chief Jens Stoltenberg on Monday told allies to boost defence spending, as demanded by US President Donald Trump, if they want to preserve crucial transatlantic defence ties. "This is essential for the continued strength of the transatlantic bond on which our alliance is founded," Stoltenberg said in NATO's 2016 annual report. "For almost 70 years the unique partnership between Euro ... more
Brussels (AFP) March 15, 2017
NATO urges Turkey, Austria to end spat blocking programs
Washington (AFP) March 14, 2017
Moscow apparently has forces at base in Egypt
Jerusalem (AFP) March 15, 2017
Israel ex-defence chief says Erdogan seeking 'neo-Ottoman empire'
Polluted air causing early deaths in fossil-fuelled Balkans
Tuzla, Bosnia And Herzegovina (AFP) March 15, 2017
Stuck between a landfill and a coal-fired power plant, residents of the Bosnian village of Divkovici are dying of asphyxia, poisoned by some of the most polluted air in Europe. "In a few years, it will be like Chernobyl here: houses without souls," said unemployed Goran Stojak. His father died last year of lung cancer, and he is afraid to undergo medical tests for fear of "bad news". His ... more
Addis Ababa (AFP) March 15, 2017
Ethiopia rubbish dump landslide death toll soars to 113
Sorong, Indonesia (AFP) March 14, 2017
UK cruise ship damages pristine Indonesian coral reef
Washington (AFP) March 15, 2017
Trump to undo Obama auto emission rules: official
Nepal police demolish camp for earthquake displaced
Kathmandu (AFP) March 14, 2017
Nepal police Tuesday demolished the largest remaining settlement of people displaced by a powerful earthquake that struck nearly two years ago, a move that will leave hundreds homeless. Around 100 families were still living in the camp in Kathmandu when police wearing riot gear used bulldozers to flatten the bamboo and tarpaulin structures. "The gods will curse the government. We don't h ... more
Hamam Al-Alil, Iraq (AFP) March 14, 2017
After fleeing homes, Iraqis near Mosul wait for tents
Hirono, Japan (AFP) March 10, 2017
For Japan's nuclear refugees, insults and rejection
Mosul, Iraq (AFP) March 12, 2017
Priceless remains lie in ruins at Mosul museum


Subscribe free to our newsletters via your



Buy Advertising Media Advertising Kit Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement