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Oil News and Gas News
July 06, 2017
OIL AND GAS
Moody's sees lingering credit risks for Qatar



Washington (UPI) Jul 5, 2017
The ongoing dispute between Qatar and its Persian Gulf allies poses a real threat to the country's sovereign credit rating, Moody's Investors Service said. Moody's said it changed its outlook on Qatar from stable to negative, but kept the overall debt rating at Aa3, because of the row with its neighbors, including Saudi Arabia and some members of the Organization of the Petroleum Exporting Countries. "In Moody's view, the likelihood of a prolonged period of uncertainty extending into 201 ... read more

OIL AND GAS
Oil rally fizzles on OPEC doubts
Washington (UPI) Jul 5, 2017
Pessimism over the appetite of some major oil producers to work hard to balance the market with deeper cuts pushed oil prices lower in early Wednesday trading. ... more
OIL AND GAS
Energy firms hit by oil dive, N.Korea crisis fuels uncertainty
Hong Kong (AFP) July 6, 2017
Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea's latest missile test and warnings from the US it would use force to deal with the nuclear-armed state. ... more
OIL AND GAS
Forecast for the price of Brent crude oil cut by 8 percent
Washington (UPI) Jul 5, 2017
Danish investor Saxo Bank lowered its forecast Wednesday for the price of Brent crude oil, saying supply-side strains could emerge again next year. ... more
OIL AND GAS
Companies invited to oil sector, Iran says
Washington (UPI) Jul 5, 2017
Invitations have been sent out to verified companies to take part in the development of the inland Azadegan oil field, Iran's oil minister said Wednesday. ... more
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The Humans to Mars Summit 2018 - George Washington University - Washington May 8-10, 2018
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OIL AND GAS
Putin says energy is a priority for Russian, Chinese relations
Washington (UPI) Jul 5, 2017
The main focus of economic cooperation between Russia and China is on energy-related matters, Russian President Vladimir Putin said. ... more
OIL AND GAS
China taps 'combustible ice' for growing energy needs
Beijing (AFP) July 2, 2017
China is drilling deep into the ocean floor in the hope of tapping vast deposits of a frozen fossil fuel known as "combustible ice" but it will be years before it is part of the global energy mix. ... more
OIL AND GAS
Gazprom to start new gas deliveries to China by end-2019
Moscow (AFP) July 4, 2017
Russia will start supplying gas to China through a new pipeline by the end of 2019, state gas giant Gazprom said Tuesday, as part of a mammoth $400-billion deal. ... more
OIL AND GAS
Missing Venezuelan chopper pilot in grenade attack reappears
Caracas (AFP) July 5, 2017
A Venezuelan helicopter pilot who vanished after dropping grenades on the Supreme Court in what the government slammed as an attempted coup reappeared in a video posted online late Tuesday. ... more
OIL AND GAS
China gas pipeline blast kills eight: state media
Beijing (AFP) July 2, 2017
A natural gas pipeline exploded in southwest China on Sunday, killing at least eight people and injuring another 35, the official Xinhua news agency reported. ... more
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. ... more


Total-led group lands first contract in Iran in a decade

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
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



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
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
Seoul, South Korea (SPX) Jul 03, 2017
Cheap, energy-efficient and clean reaction to make chemical feedstock
Exciting new material uses solar energy to remove man-made dye pollutants from water
Swansea UK (SPX) Jul 03, 2017
A novel composite material has been developed by scientists in the Energy Safety Research Institute (ESRI) at Swansea University which shows promise as a catalyst for the degradation of environmentally-harmful synthetic dye pollutants, which are released at a rate of nearly 300,000 tonnes a year into the world's water. This novel, non-hazardous photocatalytic material effectively removes d ... more
Los Angeles (AFP) July 2, 2017
Californians take a shine to solar power
Washington (UPI) Jul 5, 2017
Environmental groups say G20 paying lip service to clean 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
Cherbourg, France (AFP) July 5, 2017
Sixth MOX nuclear shipment leaves France for Japan
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
Climate: Can G19 hold firm against Trump's G1?
Paris (AFP) July 5, 2017
Can a motley crew of countries grouping climate champions Germany and France with oil giants Russia and Saudi Arabia muster a joint defence of the Paris Agreement against Donald Trump? This is the question for observers as the G20 group of major economies gathers in Hamburg amid a storm of geopolitical crises threatening to push climate change down the agenda. Since Trump announced last ... more
Paris (AFP) July 5, 2017
Climate change could make Sahel wet: study
Lisbon (AFP) July 3, 2017
US pullout gives 'global push' to climate deal: UN chief
Zurich, Switzerland (SPX) Jul 03, 2017
Concurrent hot and dry summers more common in future
Hanoi to ban motorbikes by 2030 to curb pollution, traffic
Hanoi (AFP) July 4, 2017
Officials in Vietnam's traffic-choked capital Hanoi vowed on Tuesday to banish motorbikes by 2030 to ease environment and congestion woes, a decision that swiftly divided a city where two-wheelers are the main means of transportation. Hanoi is famed for legions of motorbikes - sometimes stacked with entire families or overloaded with deliveries - that clog roads in a fast-growing city with ... more
Beijing (AFP) July 5, 2017
Baidu CEO's self-driving car stunt stumps police: media
Stockholm (AFP) July 5, 2017
Volvo to phase out petrol-only cars from 2019
Shanghai (AFP) July 6, 2017
China starts regulating bike-sharing as complaints soar
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Up to 20,000 civilians trapped in IS-held areas of Mosul: UN
Baghdad (AFP) July 6, 2017
Up to 20,000 civilians are trapped in the last Islamic State group-held areas in Mosul's Old City, which Iraqi forces are battling to retake, a senior UN official said Thursday. More than eight months since the start of the operation to retake Mosul from the Islamic State group, the jihadists have gone from fully controlling the city to holding a small pocket of territory on the west bank of ... more
Baghdad (AFP) July 2, 2017
Iraqis mark first anniversary of devastating Baghdad blast
Mosul, Iraq (AFP) July 2, 2017
Iraq battles last few hundred jihadists in Old Mosul
Mosul, Iraq (AFP) July 3, 2017
Tougher fighting, more suicide attacks as IS hits back in Mosul
N.Korea's ICBM capability: what now?
Seoul (AFP) July 4, 2017
North Korea declared Tuesday that the country had finally achieved its dream of building an intercontinental ballistic missile, saying it would "fundamentally put an end to the US nuclear war threat and blackmail". The Hwasong-14 ICBM reached an altitude of about 2,802 kilometres (1,741 miles) and flew 933 kilometres for 39 minutes before hitting a target area on the sea off the east coast, ... more
Seoul (AFP) July 4, 2017
N. Korea claims major breakthrough with first ICBM test
Seoul (AFP) July 5, 2017
US, S.Korea send North missile warning after ICBM test
United Nations, United States (AFP) July 3, 2017
North Korea crisis could 'get out of control': China's UN envoy
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
I.Coast's Comoe park no longer endangered: UNESCO
Krakow, Poland (AFP) July 4, 2017
UNESCO said Tuesday that it had decided to remove Ivory Coast's Comoe National Park from its list of endangered world heritage sites after more than a decade of conservation efforts. The World Heritage Committee of the UN's scientific and cultural agency made the announcement during its annual meeting, held this year in the southern Polish city of Krakow from July 2 to 12. "Populations ... more
Bamako (AFP) June 24, 2017
Mali relaunches beleagured peace process
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
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Orbital ATK repairing Iraqi trainer aircraft
Washington (UPI) Jun 29, 2017
Orbtal ATK has announced receipt of a U.S. government contract to repair trainer aircraft flown by the Iraqi Air Force. The aircraft covered include 12 Cessna, 172 Skyhawks and five Cessna Caravans. "Orbital ATK has a proven track record of supporting the Iraqi Air Force and we are honored to further aid them with this latest contract," Cary Ralston, vice president and general ma ... more
Washington (UPI) Jun 30, 2017
Boeing receives French E-3F Sentry AWACS contract
Washington (UPI) Jun 28, 2017
South Korean Coast Guard receives second S-92 helicopter
Washington (UPI) Jun 30, 2017
Germany, Norway join NATO-backed co-op for aircraft acquisition
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
Shanghai (AFP) July 3, 2017
China opens up $10 trillion bond market in liberalisation step
Beijing (AFP) July 3, 2017
China factory activity rebounds in June: Caixin
Moscow (AFP) July 4, 2017
Putin and Xi talk trade, N.Korea at Kremlin
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
Berlin (AFP) July 5, 2017
Trump, world leaders head to G20 summit under North Korea shadow
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
Daily Newsletters - Space - Military - Environment - Energy
Human activities worsen air quality in Dunhuang, a desert basin in China
Beijing, China (SPX) Jul 03, 2017
Dunhuang is a typical desert basin in western China, with the Qilian mountains to the south, Kumtag desert and Lop-Nur to the west, Beisai mountain to the north, and Sanwei mountain to the east. Besides, the famous Taklimakan and Tengger deserts are also located in the west and east of Dunhuang region, respectively. Dunhuang is also a world-famous scenic spot, encompassing Mogao Caves, Cre ... more
Paris (AFP) July 4, 2017
Herbicide boost for tadpoles: study
Washington (UPI) Jun 21, 2017
Scientists probe role of sunscreen in accelerating coral reef decline
West Tabir, Indonesia (AFP) June 21, 2017
Risky gold rush: Indonesia tackles illegal mining boom
Holiday weekend leaves more than 100 gunfire victims in Chicago
Washington (AFP) July 5, 2017
The United States celebrated Independence Day with a long weekend of barbecues and fireworks, but in violence-plagued Chicago more than 101 were hit by gunfire, with 14 dying of their wounds, the Chicago Tribune said on Wednesday. The youngest of the victims was just 13 years old and the eldest 60, the newspaper said, noting that the shootings were concentrated in the south and west of the c ... more
Tokyo (AFP) June 30, 2017
Ex-bosses stand trial over 2011 Fukushima crisis in Japan
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


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