Subscribe to our free daily newsletters
Oil News and Gas News
July 04, 2017
OIL AND GAS
Footprint expands offshore West Africa for one energy company



Washington (UPI) Jul 3, 2017
West African oil and gas explorer FAR Ltd. said Monday its footprint in the region expanded after the Gambian government approved a major buy-in. Under the terms of an agreement, FAR takes on 80 percent of the interest in two blocks off the coast of Gambia from its partner, ERIN Energy Corp. The deal requires FAR to commit to as much as $8 million in financing for the drilling of an exploration well by the end of next year. With a hold on the reserves just north of Gambian waters in Sene ... read more

OIL AND GAS
Total-led group lands first contract in Iran in a decade
Washington (UPI) Jul 3, 2017
Monday is a "huge day" for the Iranian energy sector, an analyst said after it signed off on its first offshore contract with a foreign company in a decade. ... more
OIL AND GAS
UN tells Qatar to mend fences with Gulf neighbours
United Nations, United States (AFP) July 3, 2017
The UN Security Council has told Qatar to sort out its differences with its Gulf neighbors, China's ambassador said Monday, indicating the top UN body would not get involved in the dispute. ... more
OIL AND GAS
Norway managing era of low oil prices effectively, Moody's finds
Washington (UPI) Jul 3, 2017
Norway needs to make economic preparations to address long-term risks, but has shown strength in the face of lower oil prices, ratings agency Moody's said. ... more
OIL AND GAS
More oil found in the Barents Sea
Washington (UPI) Jul 4, 2017
Norwegian oil company Statoil said Monday it was anticipating more potential near its promising Johan Castberg field after finding oil in a frontier area. ... more
Previous Issues Jul 03 Jul 02 Jun 30 Jun 29 Jun 28
OILGASDAILY

Space Media Advertising Solutions
The Humans to Mars Summit 2018 - George Washington University - Washington May 8-10, 2018
Military Radar Summit 2018
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
The Last Free American Board Game
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
More gas offshore Israel than originally thought
Washington (UPI) Jul 3, 2017
An upward revision to the reserve estimate for the Tamar gas field offshore Israel shows the region hasn't yet realized its potential, Delek Drilling said. ... more
OIL AND GAS
Why has Iran's investment gold rush been so slow to emerge?
Tehran (AFP) July 3, 2017
When Iran signed its landmark deal with world powers in 2015, curbing its nuclear programme in exchange for sanctions relief, many expected an investment gold rush. ... more
OIL AND GAS
Oil prices flirt with $50 on the first full trading day of July
Washington (UPI) Jul 3, 2017
A rally in oil prices set off by lower U.S. rig counts spilled over into Monday as the mentality shifts away from the Middle East, an analyst said. ... more
OIL AND GAS
Oil recovery provides platform for Asia energy firms' rally
Hong Kong (AFP) July 4, 2017
Asian markets mostly rose on Tuesday with energy firms rallying with their US counterparts after the recovery in oil prices extended in New York, where the Dow chalked up another record high ahead of Independence Day. ... more
OIL AND GAS
Hydraulic fracturing rarely linked to felt seismic tremors
Edmonton, Canada (SPX) Jun 28, 2017
New research suggests hydraulic fracturing and saltwater disposal has limited impact on seismic events. For the past two years, UAlberta geophysicist Mirko Van der Baan and his team have been ... more
OIL AND GAS
RBC: Energy markets not taking Qatar risk seriously
Washington (UPI) Jun 30, 2017
Lingering tensions in the Persian Gulf related to the diplomatic standoff with Qatar is a risk that's been largely ignored, RBC Capital Markets said. ... more


Kuwaiti oil exports to Japan increased

OIL AND GAS
Alberta's economy expanding, finance minster says
Washington (UPI) Jun 30, 2017
The economy of oil-rich Alberta has turned the corner following last year's market slump, though recovery is not yet widespread, the government said. ... more
OIL AND GAS
Trump administration charts path to energy dominance
Washington (UPI) Jun 30, 2017
U.S. government agencies said they've opened up new levers for oil and natural gas development with new pipelines, export and offshore drilling opportunities. ... more
OIL AND GAS
Gazprom touts progress of Chinese gas pipeline
Washington (UPI) Jun 30, 2017
Russian natural gas company Gazprom expects to sign off on developments to increase its footprint in the Asian market, the company's top executive said. ... more
OIL AND GAS
Gas development boosts opportunities in British North Sea
Washington (UPI) Jun 30, 2017
Energy opportunities in the British waters of the North Sea are bolstered by new work slated for natural gas, services company Bilfinger Salamis said Friday. ... more



Solving a sweet problem for renewable biofuels and chemicals
Tempe AZ (SPX) Jul 03, 2017
Whether or not society shakes its addiction to oil and gasoline will depend on a number of profound environmental, geopolitical and societal factors. But with current oil prices hovering around $50 dollars a barrel, it won't likely be anytime soon. Despite several major national research initiatives, no one has been able to come up with the breakthrough renewable biofuel technology t ... more
Chicago IL (SPX) Jun 28, 2017
Regulating the indirect land use carbon emissions imposes high hidden costs on fuel
East Lansing MI (SPX) Jul 03, 2017
Cellulosic biofuels can benefit the environment if managed correctly
Munich, Germany (SPX) Jul 03, 2017
Biofuel from waste
Air pollution casts shadow over solar energy production
Durham NC (SPX) Jun 28, 2017
Global solar energy production is taking a major hit due to air pollution and dust. According to a new study, airborne particles and their accumulation on solar cells are cutting energy output by more than 25 percent in certain parts of the world. The regions hardest hit are also those investing the most in solar energy installations: China, India and the Arabian Peninsula. The study ... more
Swansea UK (SPX) Jul 03, 2017
Exciting new material uses solar energy to remove man-made dye pollutants from water
Zurich, Switzerland (SPX) Jun 28, 2017
ABB microgrid to power Aruba and support transition to renewable energy
Los Angeles, CA (SPX) Jul 04, 2017
The Last Day of Net-Metering Brings Memories of Fighting for Every Solar Watt
Thrive Renewables delivers mezzanine funded wind farms in Scotland
Bristol UK (SPX) Jun 22, 2017
With over 20 years in sustainable investment, Thrive Renewables, (previously Triodos Renewables) has provided mezzanine loans for two wind farms in Scotland that will have a combined total capacity of 11.5MW which will generate and deliver clean, smart energy to the UK grid. Once built, these projects will be able to generate enough green electricity for 7,760[1] homes. In partnership with ... more
Beijing, China (SPX) Jun 12, 2017
It's a breeze: How to harness the power of the wind
Washington (UPI) Jun 5, 2017
ADB: Asia-Pacific growth tied to renewables
Anaheim, CA (SPX) May 28, 2017
GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments
1.5-bn pound cost overrun at UK's Hinkley nuclear plant: EDF
Paris (AFP) July 3, 2017
A project to build a nuclear plant at Hinkley Point in Britain will overrun by 1.5 billion pounds ($1.95 billion, 1.71 billion euros) and may face further delays, its main supplier said Monday. EDF, the state-run French company that has the lion's share of the controversial scheme, made the announcement after a long review. EDF is part of a French-Chinese consortium that was awarded the two-re ... more
London (AFP) June 23, 2017
UK nuclear plant to cost consumers billions more
Tokyo (AFP) June 23, 2017
Toshiba delays results again citing US nuclear unit
Paris (SPX) Jun 26, 2017
AREVA obtains transport license for its new cask in France and Belgium
EU girds for stormy G20, climate battle with Trump
Berlin (AFP) June 29, 2017
European leaders vowed Thursday to defend the landmark Paris climate pact at a G20 summit next week, setting them on collision course with US President Donald Trump at what is expected to be a stormy meeting. Leaders of Germany, France, Italy and other EU economies acknowledged their long standing ties with Washington but said they would not give in on "existential" threats like global warmi ... more
Lisbon (AFP) July 3, 2017
US pullout gives 'global push' to climate deal: UN chief
Washington (AFP) June 29, 2017
Trump 'proud' of leaving Paris climate deal
Potsdam, Germany (SPX) Jul 03, 2017
Turning the climate tide by 2020
Electric vehicles inefficient way to reduce CO2 emissions: study
Montreal (AFP) June 22, 2017
Subsidizing the purchase of electric cars in Canada is an inefficient way to reduce greenhouse gas emissions that is not cost effective, according to a Montreal Economic Institute study released Thursday. "It's just a waste," said Germain Belzile, one of the authors of the study, which examined electric vehicle subsidies offered by Canada's two biggest provinces Ontario and Quebec, which can ... more
Beijing (AFP) June 28, 2017
S.Korean cars recalled in China as row hits sales
Beijing (Sputnik) Jun 26, 2017
China's Futuristic Elevated Bus Scrapped, Accused of Being a Scam
Washington (UPI) Jun 27, 2017
New Zealand puts more emphasis on electric vehicles
The Last Free American Board Game
Iraq battles last few hundred jihadists in Old Mosul
Mosul, Iraq (AFP) July 2, 2017
Iraqi forces were battling the last few hundred jihadists in Mosul's historic centre Sunday as they pressed the final stages of an assault to drive the Islamic State group from the city. More than eight months since the country's forces launched a gruelling operation to retake Mosul, IS has gone from fully controlling the city to holding a few neighbourhoods on its western side. "The num ... more
Mosul, Iraq (AFP) June 30, 2017
Mosul victory in 'days' as IS falls back in Syria
Mosul, Iraq (AFP) June 30, 2017
Gunfire cuts short celebrations at recaptured Mosul mosque
Mosul, Iraq (AFP) July 3, 2017
Tougher fighting, more suicide attacks as IS hits back in Mosul
North Korea crisis could 'get out of control': China's UN envoy
United Nations, United States (AFP) July 3, 2017
China's UN ambassador on Monday warned of "disastrous" consequences if world powers fail to find a way to ease tensions with North Korea which he said could "get out of control". Ambassador Liu Jieyi made the remarks a day after US President Donald Trump spoke by phone with Chinese leader Xi Jinping on the threat posed by North Korea's missile and nuclear tests. "Currently tensions are h ... more
Washington (AFP) June 30, 2017
Trump declares 'patience is over' with North Korea
Washington (AFP) June 29, 2017
South Korean president lobbies US leaders on North Korea policy
Seoul (AFP) June 29, 2017
S. Korea to offer North treaty for denuclearisation: minister
Coming to a Chinese cinema near you: 'Core Socialist Values'
Shanghai (AFP) July 4, 2017
Chinese cinema-goers now have to sit through a short clip promoting "core socialist values" and President Xi Jinping's "Chinese dream" political credo before the show starts - and some aren't happy about it. Authorities enlisted action star Jackie Chan and domestic film idols as part of the public-service adverts, which have been ordered shown at cinemas in China since July 1 and last a few ... more
Berlin (AFP) July 3, 2017
Germany urges treatment for China's cancer-stricken Liu
Beijing (AFP) June 28, 2017
Hong Kong's allure fading in mainland China
Hong Kong (AFP) July 1, 2017
Profile: Hong Kong's new leader Carrie Lam
Mali relaunches beleagured peace process
Bamako (AFP) June 24, 2017
Mali's government and armed groups which signed a 2015 peace deal have relaunched talks aimed at speeding up its implementation after several delays, they told AFP Saturday. The accord signed in 2015 aimed at curbing separatist uprisings in Mali's north after a 2012 rebellion was hijacked by jihadists, throwing the nation into chaos. But several of its key planks have yet to be fully imp ... more
Bangui, Central African Republic (AFP) June 20, 2017
Clashes erupt in C. Africa a day after peace deal
Bamako (AFP) June 20, 2017
Mali ex-rebels reject national charter on peace deal anniversary; Dozens killedw/l
Bangui, Central African Republic (AFP) June 19, 2017
C. Africa govt inks peace deal with rebel groups
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Climate change can't halt Vienna third runway: court
Vienna (AFP) June 29, 2017
Austria's constitutional court on Thursday overturned a landmark ruling that had blocked Vienna airport's plans to build a third runway because of climate change worries. Judges found that the earlier verdict had violated the constitution, noting that the environment did not hold "absolute priority" over other factors. In February, the Federal Administrative Court (FAC) had argued that t ... more
London (AFP) June 15, 2017
BA flight disruption cost estimated 80m pounds
Washington (UPI) Jun 27, 2017
State Department approves India for C-17 buy
Boston MA (SPX) Jun 28, 2017
Another approach to developing flying cars
China factory activity picks up but analysts warn on growth
Beijing (AFP) June 30, 2017
An indicator of Chinese manufacturing activity beat forecasts in June but analysts warned that Friday's surprising result belied a slowdown in the world's second-largest economy. The reading comes as the country loses momentum with policymakers putting the brakes on lending following years of debt-fuelled investment that has raised fears of a financial crisis that could blow out globally. ... more
Moscow (AFP) July 4, 2017
Putin and Xi talk trade, N.Korea at Kremlin
Hong Kong (AFP) June 27, 2017
Best foot forward: Hong Kong's military-style youth groups
Beijing (AFP) June 27, 2017
China to meet growth targets, says Li
Xi raises 'negative factors' in call with Trump
Beijing (AFP) July 3, 2017
Chinese President Xi Jinping told US counterpart Donald Trump on Monday that Sino-US relations have been hit by "negative factors" in a phone call following days of US actions that have vexed Beijing. Trump held separate calls with Xi and Japanese Prime Minister Shinzo Abe that focused on tensions on the Korean peninsula, but China's foreign ministry said Xi also invoked the thorny issue of ... more
Hong Kong (AFP) July 2, 2017
'Schoolmaster' Xi leaves Hong Kong smarting
Manila (AFP) July 1, 2017
Philippines, US hold joint patrol in dangerous waters
Washington (UPI) Jul 3, 2017
Sweden, Finland join Joint Expeditionary Force
Daily Newsletters - Space - Military - Environment - Energy
Scientists probe role of sunscreen in accelerating coral reef decline
Washington (UPI) Jun 21, 2017
When marine biologist Craig Downs first visited the turquoise-blue waters of Trunk Bay in the Virgin Islands National Park in St. John in 2005, he arrived on a crucial mission: Find out why the health of the park's coral reefs was declining. Downs, part of a team of experts from the National Oceanic and Atmospheric Administration, the University of Central Florida and the University of ... more
West Tabir, Indonesia (AFP) June 21, 2017
Risky gold rush: Indonesia tackles illegal mining boom
Firozabad, India (AFP) June 25, 2017
Facing ruin, India's ancient glass artists blame the Taj
Athens (AFP) June 22, 2017
Athens rubbish piles up as Greeks protest contracts
Ex-bosses stand trial over 2011 Fukushima crisis in Japan
Tokyo (AFP) June 30, 2017
Three former executives from the operator of Japan's tsunami-stricken Fukushima nuclear plant went on trial Friday, the only people ever to face a criminal court in connection with the 2011 meltdowns that left swathes of countryside uninhabitable. Ex-Tokyo Electric Power (Tepco) chairman Tsunehisa Katsumata, 77, and former vice presidents Sakae Muto, 66, and Ichiro Takekuro, 71, all pleaded ... more
Beijing (AFP) June 27, 2017
New landslide hits China disaster area
New York (AFP) June 26, 2017
Ex-NY mayor Bloomberg to grant $200 mln to US cities
Washington (AFP) June 27, 2017
US lists China among worst human trafficking offenders


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