Subscribe to our free daily newsletters
Oil News and Gas News
August 02, 2017
Oil prices drop after Venezuelan risk wanes

Washington (UPI) Aug 1, 2017
The rally in crude oil prices halted early Tuesday after Washington spared Venezuelan oil from sanctions, though market indicators could keep the bulls running. The U.S. Treasury Department placed sanctions on Venezuelan President Nicolas Maduro after he went ahead with weekend elections seen as consolidating his grip on power. A restriction on Venezuelan crude oil was seen as a possible move by the United States, though Treasury Secretary Steven Mnuchin said the object was "not to do anything ... read more

U.S. gas prices for August could be the highest for the year
Washington (UPI) Aug 1, 2017
Peak summer demand and declining levels of supplies, both domestic and foreign, mean spikes in the price of gas for U.S. consumers, market analyses find. ... more
U.S. insists all options are on the table with Venezuela
Washington (UPI) Aug 1, 2017
All options remain on the table for U.S. sanctions on Venezuela, including oil, though industry reports were mixed on the potential impact. ... more
New technology promises to curb wasteful methane flaring
Washington (UPI) Aug 1, 2017
Scientists have developed new technology to curb wasteful methane flaring in oil and gas fields. ... more
Japan protests Chinese gasfield activity in East China Sea
Tokyo (AFP) Aug 1, 2017
Japan has lodged a protest with China over what it described as suspicious activity in a maritime area rich in gas deposits in the East China Sea, officials said Tuesday. ... more
Previous Issues Aug 01 Jul 31 Jul 28 Jul 27 Jul 26

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
Canadian oil struggling for world position
Washington (UPI) Aug 1, 2017
The Canadian oil sector should expect growth in exploration and production, but its place on the global stage is still uncertain, a trade group said. ... more
BP's CEO: Prepare for the new oil price environment
Washington (UPI) Aug 1, 2017
Production from British supermajor BP edged higher, though income was lower and the company's CEO said he was positioning the company for a new market climate. ... more
Turkey, Qatar launch joint military exercises: reports
Istanbul (AFP) Aug 1, 2017
Turkey and its main regional ally Qatar on Tuesday launched military exercises in the emirate that will involve some 250 Turkish troops and 30 armoured vehicles, reports said. ... more
Senegalese oil plans well funded, Australian company says
Washington (UPI) Jul 31, 2017
With more than $90 million in cash, the capital is available to support the development of the rich oil reserves offshore Senegal, an Australian company said. ... more
Oil's rally caught between future of Venezuelan oil, OPEC compliance
Washington (UPI) Jul 31, 2017
Crude oil prices dipped early Monday after posting new highs for the second half, but the situation in Venezuela, an OPEC member, could erase the decline. ... more
Focus on Cuban oil growing stronger
(UPI) Jul 31, 2017
An Australian energy company said it was considering its options for its Australian and New Zealand assets in order to better focus on Cuba. ... more

Germany says 'nein' to U.S. energy ambitions, survey shows

Anadarko close to final investment decision for Mozambique LNG
(UPI) Jul 31, 2017
Mozambique, a country emerging as a natural gas leader, is one step closer to developing the infrastructure needed for LNG, Anadarko Petroleum said. ... more
Russia drafts agreement to tap Iranian oil fields
Washington (UPI) Jul 27, 2017
An agreement with an Iranian engineering services company expressed mutual interest in working in the oil fields of Iran, a Russian energy company said. ... more
Blowback likely from U.S. sanctions on Venezuela
Washington (UPI) Jul 27, 2017
Tightening sanctions on Venezuela could result on blowback in the U.S. economy by way of higher oil and gasoline prices, sector analysts said. ... more
Norway's Statoil posts production, earnings gains
Washington (UPI) Jul 27, 2017
Norwegian energy company Statoil said Thursday improved market conditions led to a 231 percent increase in adjusted earnings for the second quarter. ... more

New light-activated catalyst grabs CO2 to make ingredients for fuel
Berkeley CA (SPX) Jul 31, 2017
Scientists have developed a light-activated material that can chemically convert carbon dioxide into carbon monoxide without generating unwanted byproducts. The achievement marks a significant step forward in developing technology that could help generate fuel and other energy-rich products using a solar-powered catalyst while mitigating levels of a potent greenhouse gas. When exposed to v ... more
Houston TX (SPX) Jul 31, 2017
Biochar could clear the air in more ways than one
Pullman WA (SPX) Jul 25, 2017
Algae cultivation technique could advance biofuels
Amherst MA (SPX) Jul 25, 2017
Fungi that evolved to eat wood offer new biomass conversion tool
A new picture emerges on the origins of photosynthesis in a sun-loving bacteria
Tempe AZ (SPX) Jul 31, 2017
Every day, enough sunlight hits the Earth to power the planet many times over - if only we could more efficiently capture all the energy. With today's solar panels limited by their efficiency (currently, more than 80 percent of available solar energy is lost as heat), scientists have been looking into nature as inspiration to better understanding the way photosynthetic plants and bacteria ... more
(UPI) Jul 31, 2017
India facing renewable energy challenges
Gujarat, India (SPX) Jul 31, 2017
Schneider Electric India commissions 720 kWp solar plant at its manufacturing facility in Vadodara
Washington (UPI) Jul 31, 2017
World Bank tries to make Pacific solar power decisions easier
Shale-rich Oklahoma to host mega-wind farm
Washington (UPI) Jul 27, 2017
Once operational, the Wind Catcher wind farm in Oklahoma will be the second largest in the world and largest in the United States, the companies involved said. The renewable energy division of General Electric and Invenergy, that largest independent renewable energy company in North America, announced construction is under way for the Wind Catcher wind farm in the Oklahoma panhandle. ... more
Washington (UPI) Jul 27, 2017
U.S. wind power momentum up 40 percent from last year
Zurich, Switzerland (SPX) Jul 24, 2017
ABB wins $30 million order to support integration of offshore wind energy in the UK
Washington (UPI) Jul 21, 2017
GE's renewables not enough to boost overall revenue
Construction of two nuclear power plants in US halted
Washington (AFP) Aug 1, 2017
Construction work on two nuclear power plants in the United States has been halted because of cost overruns, the companies behind them said. Santee Cooper, one of those firms, said that because of construction delays the two planned reactors in South Carolina could not come on line before 2024, four years behind schedule. This means only two nuclear plants are now in construction in the ... more
Tokyo, Japan (SPX) Aug 02, 2017
Areva signs MOX fuel fabrication contract with Japan
Paris (AFP) July 28, 2017
Nuclear contaminates earnings of France's EDF
Tokyo (AFP) July 21, 2017
Underwater robot probes inside Fukushima reactor
Small odds of reaching 2 C climate goal: researchers
Paris (AFP) July 31, 2017
There is a five-percent chance of limiting average global warming to under two degrees Celsius (3.6 degrees Fahrenheit), the target set in the 2015 climate-rescue Paris Agreement, researchers said on Monday. And chances of meeting the lower, aspirational 1.5 C goal, also listed in the 196-nation pact, were a mere one percent, they wrote in the journal Nature Climate Change. A US-based ex ... more
Washington DC (SPX) Jul 25, 2017
Could a geoengineering cocktail control the climate
Seattle WA (SPX) Jul 26, 2017
Could spraying particles into marine clouds help cool the planet
Los Angeles (AFP) July 28, 2017
Al Gore: I've given up on climate 'catastrophe' Trump
Volkswagen to refit 1 million more diesel cars in Germany
Frankfurt Am Main (AFP) July 27, 2017
Carmaker Volkswagen said Thursday it would offer to refit almost a million more diesel cars in Germany to reduce harmful emissions, as the country's auto industry is racked by overlapping scandals. At an industry-government summit on August 2, Volkswagen "will offer to refit four million vehicles and thereby significantly reduce emissions" chief executive Matthias Mueller said after meeting ... more
Los Angeles (AFP) July 28, 2017
Los Angeles to have fully electric bus fleet by 2030
Frankfurt Am Main (AFP) July 30, 2017
Is 'diesel summit' the last chance for Germany's favourite engine
London (AFP) July 26, 2017
World gears up for electric cars despite bumps in road
The Last Free American Board Game
Two killed in IS-claimed attack on Iraq embassy in Kabul
Kabul (AFP) Aug 1, 2017
Two people died in an attack on the Iraqi embassy in Kabul claimed by the Islamic State group, Afghan officials said, with analysts describing the attack as revenge for the group's defeat in Iraq. On Monday a suicide bomber blew himself up outside the embassy, allowing at least three other militants to breach the compound unleashing an hours-long gun battle. Afghan officials initially sa ... more
Mosul, Iraq (AFP) July 30, 2017
Iraqis in Mosul markets both fear and hope for the future
Mosul, Iraq (AFP) July 29, 2017
Schoolgirls in Iraq's Mosul aim to catch up on lost years
Mosul, Iraq (AFP) July 27, 2017
In the ruins of Mosul, a hunt for the missing
N. Korea ICBM still facing technical hurdles: US expert
Washington (AFP) July 31, 2017
North Korea could field a nuclear-capable intercontinental ballistic missile able to strike America by next year, but Pyongyang must first overcome important technological hurdles, a US expert warned Monday. North Korea has alarmed the international community by the pace and progress of its missile development program, and this month leader Kim Jong-Un conducted two tests of an ICBM. The ... more
Washington (AFP) July 30, 2017
Trump vows he won't let China 'do nothing' on N. Korea
New York (AFP) July 30, 2017
For some New Yorkers, N Korea threat revives Cold War memories
Seoul (AFP) July 30, 2017
Missile test 'warning' against US sanctions push: N. Korea
China police arrest 230 over pyramid scheme
Beijing (AFP) July 31, 2017
Chinese police have arrested 230 members of a suspected pyramid scheme, a week after a rare demonstration in Beijing protesting a crackdown on the group. The scheme, known as Shanxinhui or "philanthropic exchange", is under investigation and the group's founder Zhang Tianming, along with several employees, was arrested earlier this month. But in an unusual display of public disobedience, ... more
Shenyang, China (AFP) July 15, 2017
Chinese dissident Liu Xiaobo's ashes buried at sea
Gaborone, Botswana (AFP) July 25, 2017
Botswana confirms Dalai Lama visit despite China anger
Beijing (AFP) July 20, 2017
Chinese city leadership shake-up signals Xi power play
China opens first chamber of commerce in I.Coast
Abidjan (AFP) July 31, 2017
China, Ivory Coast's third biggest trading partner, has opened its first chamber of commerce in the country, its embassy announced Monday in Abidjan. It will house some 40 separate businesses involved in a range of projects, from supplying drinking water to Abidjan, to the expansion of the city's port and the construction of the stadium at Ebimpe, near Abidjan. Other projects include the ... more
Dakar (AFP) July 31, 2017
Senegal ruling party coalition claims election landslide
Bamako (AFP) Aug 2, 2017
European support for Sahel 'mutually reinforcing': Germany
Banjul, Gambia (AFP) July 27, 2017
Adama Barrow: how do you solve a problem like The Gambia?
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Supersonic technology designed to reduce sonic booms
Kennedy Space Center FL (SPX) Aug 02, 2017
Residents along Florida's Space Coast will soon hear a familiar sound - sonic booms. But instead of announcing a spacecraft's return from space, they may herald a new era in faster air travel. NASA's Kennedy Space Center in Florida is partnering with the agency's Armstrong Flight Research Center in California, Langley Research Center in Virginia, and Space Florida for a program called Soni ... more
Washington (AFP) Aug 1, 2017
Bankrupted Russian firm's jets may become Air Force One
Washington (UPI) Jul 31, 2017
Lockheed receives contract 50 F-35s for foreign military sales
Washington (UPI) Jul 31, 2017
Switzerland approved for F/A-18 upgrade package
China tells Trump not to link trade to N. Korea
Beijing (AFP) July 31, 2017
China said Monday the US should not link trade to discussions about North Korea's nuclear programme, after President Donald Trump accused Beijing of failing to restrain Pyongyang despite profiting from business with America. "We believe that the North Korea nuclear issue and China-US trade are two issues that are in two completely different domains," Vice Minister of Commerce Qian Keming tol ... more
Seville, Spain (AFP) July 31, 2017
Economic rebound bypasses Spain's poorest neighbourhood
Shanghai (AFP) July 28, 2017
Starbucks takes full control of China stores in $1.3 bn deal
New York (AFP) Aug 2, 2017
Washington plans trade measures against China: report
US returns tiny portion of controversial Okinawa base
Tokyo (AFP) July 31, 2017
Japan said Monday the United States had returned a sliver of land at a controversial US air base on the southern island of Okinawa which has sparked a lengthy and fierce dispute. Tokyo said the return of the land, which accounts for less than one percent of the 481-hectare (1,188-acre) Futenma base, would improve conditions for locals. But many Okinawa residents want the Marine air base ... more
Tbilisi (AFP) July 31, 2017
Russia expulsions won't deter US 'commitment to allies': Pence
Washington (AFP) July 28, 2017
New chief of staff John Kelly a retired Marine general
Tallinn (AFP) July 30, 2017
US vice president Pence starts Baltic tour in Estonia
Daily Newsletters - Space - Military - Environment - Energy
Pollution clouds Gambia's efforts to woo China
Gunjur, Gambia (AFP) July 30, 2017
The Gambia is courting Beijing's attention after re-establishing diplomatic relations last year, but villagers and activists say Chinese investment is a double-edged sword as they fight a firm accused of dumping waste. Chinese firms in Africa are frequently accused of polluting the environment to produce materials ready to export back home, in incidents recorded by experts across the mines o ... more
Leicester UK (SPX) Jul 31, 2017
'Omnipresent' effects of human impact on England's landscape revealed
Banjul, Gambia (AFP) Aug 1, 2017
Gambian environmentalists to sue 'polluting' Chinese firm
Leipzig, Germany (SPX) Jul 31, 2017
Environmental toxins are impacting Lake Baikal
Elephants, tigers kill one human a day in India
New Delhi (AFP) Aug 1, 2017
Endangered elephants and tigers are killing one person a day in India as humans put a growing squeeze on their habitat, according to new government figures. But man is in turn killing a leopard a day as the man-animal tussle for space reaches new heights. India has lost vast swathes of forests to urbanisation in recent decades, forcing animals into human-occupied zones. According to ... more
Sydney (AFP) Aug 1, 2017
Tech advances will lead to MH370 discovery - Malaysia Airlines
Washington DC (SPX) Jul 25, 2017
New phase change mechanism could lead to new class of chemical vapor sensors
Tokyo (AFP) July 23, 2017
Robot finds possible melted fuel inside Fukushima reactor

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