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Oil News and Gas News
August 08, 2017
OIL AND GAS
Third gas discovery declared off the coast of Myanmar



Washington (UPI) Aug 7, 2017
Australian energy company Woodside Petroleum said it was reviewing its options after finding natural gas during an exploration campaign offshore Myanmar. The company said it made its third natural gas discovery since early 2016 at the Southern Rakine basin off the coast of Myanmar. Dubbed Pyi Thit-1, the company said it's another success story for an underdeveloped part of the world. "This result builds on our understanding of the potential resources in the Southern Rakhine Basin and wil ... read more

OIL AND GAS
Barents Sea yields little for Norway's Statoil
Washington (UPI) Aug 7, 2017
Norwegian energy company Statoil said Monday it was upbeat about finding more oil and natural gas despite disappointing results in the Barents Sea. ... more
OIL AND GAS
Oil success continues offshore Senegal
Washington (UPI) Aug 7, 2017
Companies exploring the waters off the coast of Senegal said they've made another oil discovery just north of the flagship SNE oil field. ... more
OIL AND GAS
Poland says it could eventually do without Russian gas
Washington (UPI) Aug 7, 2017
Poland is willing to keep buying natural gas from Russia if conditions are right, though its economy is moving in another direction, the foreign minister said. ... more
OIL AND GAS
GasBuddy: Gas prices could go higher, but not too much
Washington (UPI) Aug 7, 2017
The national price for a gallon of gasoline in the United States should stay within a steady range even as demand pressures increase, GasBuddy reported Monday. ... more
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OIL AND GAS
OPEC's uphill effort leaves oil prices in negative territory
Washington (UPI) Aug 7, 2017
With demand pressures from seasonal factors starting to fade, crude oil prices lost ground early Monday as questions about balance start to resurface. ... more
OIL AND GAS
Venezuela army hunts rebels behind raid on military base
Caracas (AFP) Aug 7, 2017
Venezuela's military was on Monday hunting an ex-officer and a lieutenant who led uniformed rebels on a weekend raid to grab weapons from an army base, fueling fears the country's worsening crisis could tip into armed conflict. ... more
OIL AND GAS
Iraqi oil wealth not enough for broad economic growth
Washington (UPI) Aug 4, 2017
Corruption and internal political rifts could be factors weighing on the economy of OPEC-member Iraq, a report from Moody's Investors Service said. ... more
OIL AND GAS
Platts: OPEC balancing act is starting to wobble
Washington (UPI) Aug 4, 2017
Liberia and Nigeria, two countries exempt for OPEC-led efforts to balance the market, continue to threaten the overall objective, S&P Global Platts reported. ... more
OIL AND GAS
Seismic events strike shale-rich Oklahoma for second day
Washington (UPI) Aug 4, 2017
The U.S Geological Survey recorded a cluster of tremors early Friday in a part of Oklahoma on a watch list for activity related to shale oil and gas operations. ... more
OIL AND GAS
U.S. labor balances OPEC supply strains to leave oil prices even
Washington (UPI) Aug 4, 2017
OPEC production concerns were balanced by strong labor figures from the United States, the world's largest economy, leaving oil prices flat early Friday. ... more


Dallas Fed: Oil prices and exploration activity diverge

OIL AND GAS
Kuwait ships first batch of oil to refinery in Vietnam
Washington (UPI) Aug 4, 2017
Vietnam drew more energy attention as Kuwait announced it sent its first-ever shipment east to a Kuwaiti-built refinery in the Asian nation. ... more
OIL AND GAS
Venezuela's military: Key things to know
Caracas (AFP) Aug 6, 2017
The powerful military in riot-torn Venezuela has sworn "unconditional loyalty" to the leftist government of embattled President Nicolas Maduro. It is a key player in the ongoing political crisis. ... more
OIL AND GAS
Wood Group, Amec Foster Wheeler merger under scrutiny
Washington (UPI) Aug 3, 2017
Energy companies Wood Group and Amec Foster Wheeler said they've done enough to address competition issues after the British government expressed concern. ... more
OIL AND GAS
Several earthquakes strike shale-rich Oklahoma
Washington (UPI) Aug 3, 2017
Eight earthquakes were recorded Thursday in Oklahoma, a state at the heart of the shale oil and natural gas industry, the U.S. Geological Survey reported. ... more



Additive selectively converts CO2 to multicarbon fuels
Pasadena CA (SPX) Aug 07, 2017
Chemists have figured out a new, more efficient way to create carbon-based fuels from carbon dioxide (CO2). In chemical reactions performed in the lab, a Caltech team has identified a new additive that helps selectively convert CO2 into fuels containing multiple carbon atoms - a step toward ultimately making renewable liquid fuels that are not derived from coal or oil. "The results were qu ... more
Berkeley CA (SPX) Jul 31, 2017
New light-activated catalyst grabs CO2 to make ingredients for fuel
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
Solar glasses generate solar power
Karlsruher, Germany (SPX) Aug 07, 2017
Organic solar cells are flexible, transparent, and light-weight - and can be manufactured in arbitrary shapes or colors. Thus, they are suitable for a variety of applications that cannot be realized with conventional silicon solar cells. In the Energy Technology journal, researchers from KIT now present sunglasses with colored, semitransparent solar cells applied onto lenses that supply a ... more
Chicago IL (SPX) Aug 07, 2017
New method enhances broadband light absorption in solar cells
Washington DC (SPX) Aug 07, 2017
Lightweight catalyst for artificial photosynthesis
Tempe AZ (SPX) Jul 31, 2017
A new picture emerges on the origins of photosynthesis in a sun-loving bacteria
Vertical axis wind turbines can offer cheaper electricity for urban and suburban areas
Washington DC (SPX) Aug 07, 2017
According to a prediction made by the U.S. Department of Energy, wind energy could provide 20 percent of electricity in the U.S. by the year 2030. This has motivated researchers from the University of Utah's Department of Mechanical Engineering to investigate the performance capabilities and financial benefits of vertical axis wind turbines (VAWTs) in urban and suburban areas. A VAWT is a ... more
Washington (UPI) Jul 27, 2017
U.S. wind power momentum up 40 percent from last year
Washington (UPI) Jul 27, 2017
Shale-rich Oklahoma to host mega-wind farm
Zurich, Switzerland (SPX) Jul 24, 2017
ABB wins $30 million order to support integration of offshore wind energy in the UK
Areva signs MOX fuel fabrication contract with Japan
Tokyo, Japan (SPX) Aug 02, 2017
New AREVA has signed a contract with Japan's NFI (Nuclear Fuel Industries) for the fabrication of 32 MOX* fuel assemblies for the Takahama 3 and 4 reactors operated by Kansai Electric. The supply of MOX fuel assemblies for Kansai is a follow-up to agreements signed with Japanese utilities from 1975 onwards for the treatment of up to 3,000 tonnes of used fuel at the la Hague site. The ... more
Washington (AFP) Aug 1, 2017
Construction of two nuclear power plants in US halted
Paris (AFP) July 28, 2017
Nuclear contaminates earnings of France's EDF
Tokyo (AFP) July 21, 2017
Underwater robot probes inside Fukushima reactor
US to join climate talks despite Paris accord exit
Washington (AFP) Aug 4, 2017
The United States announced Friday it would still take part in international climate change negotiations in order to protect its interests, despite its planned withdrawal from the Paris accord on global warming. Two months after President Donald Trump announced the United States would abandon the 2015 global pact, his administration confirmed it had informed the United Nations of its "intent ... more
Washington (AFP) Aug 8, 2017
Government report sees drastic climate change impact in US: NYT
Paris (AFP) July 31, 2017
Small odds of reaching 2 C climate goal: researchers
Seattle WA (SPX) Jul 26, 2017
Could spraying particles into marine clouds help cool the planet
Global momentum underway for electric vehicles
Washington (UPI) Aug 3, 2017
The drive toward electric vehicles gained international momentum with Germany and the United States making strides on the sea change in the automotive industry. Two million electric vehicles were on the road globally last year, though nearly all of those were in China, the European Union and the United States. A report from the International Energy Agency found that dense metropolitan a ... more
Washington (AFP) Aug 7, 2017
Electric car startup Faraday Future signs factory deal
Frankfurt Am Main (AFP) Aug 3, 2017
BMW sticks to cautious forecast as profits shift up
Shanghai (AFP) Aug 3, 2017
China issues bike-sharing guidelines as complaints rise
DSI 4th Space Resiliency Summit November 28-29, 2017 Alexandria, VA
Conviction, sentences upended in Blackwater case
Washington (AFP) Aug 4, 2017
A US federal appeals court on Friday tossed out the murder conviction of a Blackwater security guard who was serving a life sentence for a 2007 shooting in Baghdad that left 14 Iraqis dead. The court also ordered a resentencing for three other members of Blackwater who were involved in the killing of unarmed civilians, including women and children, in a Baghdad traffic circle. They had e ... more
Mosul, Iraq (AFP) Aug 3, 2017
Iraq faces vast challenges securing, rebuilding Mosul
Kabul (AFP) Aug 1, 2017
Two killed in IS-claimed attack on Iraq embassy in Kabul
Washington (UPI) Aug 2, 2017
FMS support deal in works for Iraqi vessels
Four dead, eight injured as soldier opens fire on Iran military base: army
Tehran (AFP) Aug 6, 2017
At least four soldiers were killed and eight injured when one of their colleagues opened fire on a military air base in southern Tehran on Sunday, the Iranian military said in a statement. The incident was "probably related to psychological problems of the soldier who suddenly started firing on his comrades," the statement said. It took place on a shooting range, and could also have bee ... more
Manila (AFP) Aug 7, 2017
North Korea defiant after new sanctions, rejects talks
Manila (AFP) Aug 7, 2017
Tillerson: World united to disarm North Korea
Seoul (AFP) Aug 7, 2017
NKorea dismisses South's talks offer: As Korean FMs meet
Chinese-American professor appeals Singapore expulsion
Singapore (AFP) Aug 8, 2017
A prominent scholar of Chinese studies said Tuesday he had appealed against a decision to expel him from Singapore for allegedly working as "an agent of influence" for a foreign state. Huang Jing, a US citizen of Chinese descent who worked at the Lee Kuan Yew School of Public Policy, had his permanent residence status revoked by authorities last week. His wife Shirley Yang Xiuping, whom ... more
Shenyang, China (AFP) July 15, 2017
Chinese dissident Liu Xiaobo's ashes buried at sea
Geneva (AFP) Aug 2, 2017
Chinese man pays $10,000 for whisky shot at Swiss bar
Beijing (AFP) Aug 3, 2017
China accused of 'enforced disappearance' of Liu Xiaobo's widow
Zimbabwe confirms clash between soldiers and police
Harare (AFP) Aug 4, 2017
Zimbabwean security forces confirmed Friday that soldiers and police fought on the streets of Harare earlier this week, as nationwide tensions grow under 93-year-old President Robert Mugabe. Witnesses told local media about a hundred uniformed soldiers wielding batons and whips charged into a bus terminus on Tuesday night and beat up police officers, leaving many prostrate on the ground. ... more
Nairobi (AFP) Aug 7, 2017
Calls for peace on eve of tense Kenya election
Kigali (AFP) Aug 4, 2017
Rwanda's Kagame in landslide poll win with around 98% of votes
Bamako (AFP) Aug 2, 2017
European support for Sahel 'mutually reinforcing': Germany
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Secretary of the Air Force orders instruction review
Washington (UPI) Aug 7, 2017
Secretary of the Air Force Heather Wilson has said the Air Force will significantly pare back outmoded and unnecessary Air Force Instructions over the next two years. Wilson said on Friday that the sheer scale of the instructions and publications make it impossible for Air Force personnel to know and follow every rule, many of them contradictory, which breeds cynicism and contempt among ... more
Washington (UPI) Jul 27, 2017
Marine Corps grounds KC-130T tanker fleet
Washington (AFP) Aug 7, 2017
US Marines may ground aircraft after latest deadly crash
Washington (UPI) Aug 7, 2017
Alloy Surfaces receives two year contract for flare countermeasures
Canada to protect national interests during NAFTA talks
Washington (UPI) Aug 4, 2017
As energy trade groups enter the fray, Canadian Prime Minister Justin Trudeau told leaders national interests would be protected during NAFTA negotiations. The first round for negotiations on the North American Free Trade Agreement starts August 16 in Washington, D.C. Canada counts on the United States as its top trading partner and is the top oil exporter to its southern neighbor. Trad ... more
Beijing (AFP) Aug 8, 2017
Chinese export, import growth rates slow in July
Washington (AFP) Aug 4, 2017
Trump action on China trade likely to have broad support
Beijing (AFP) July 18, 2017
China's Xi calls for more imports and more 'open economy'
US, allies slam Chinese island-building
Manila (AFP) Aug 7, 2017
The United States, Australia and Japan on Monday denounced Beijing's island-building and militarisation of the South China Sea, in contrast to the increasingly tepid response from Southeast Asian nations over the festering issue. China claims nearly all of the sea, through which $5 trillion in annual shipping trade passes and which is believed to sit atop vast oil and gas deposits. Its s ... more
Manila (AFP) Aug 6, 2017
China scores diplomatic coup in sea row
Beijing (AFP) Aug 5, 2017
China ups ante in high-altitude standoff with India
Beijing (AFP) Aug 4, 2017
Vatican official says the Pope 'loves China'
Daily Newsletters - Space - Military - Environment - Energy
Algae blooms irk Canaries beachgoers
Tenerife, Spain (AFP) Aug 7, 2017
Microalgae blooms proliferating in hot weather in Spain's Canary Islands are irritating beachgoers, who should avoid direct contact with them, local authorities said Monday. Tenerife in particular is awash with visitors at this time of year but some of those having an Atlantic dip have come out scratching themselves after brushing up against the tiny algae. The spreading algae have produ ... more
Hong Kong (AFP) Aug 7, 2017
Hong Kong cleans up greasy beaches after palm oil spill
Moscow (AFP) Aug 4, 2017
Russia's Lake Baikal 'extremely polluted', Putin warns
Banjul, Gambia (AFP) Aug 1, 2017
Gambian environmentalists to sue 'polluting' Chinese firm
Brazil troops storm Rio slums to catch gang leaders
Rio De Janeiro (AFP) Aug 6, 2017
Thousands of Brazilian army troops raided Rio de Janeiro slums in a pre-dawn crackdown on crime gangs Saturday, leaving parts of the city looking like a war zone on the first anniversary of the opening of the Olympic Games. Five favelas were targeted by around 1,300 police and 3,600 troops in a sweep starting at 4 am (0700 GMT), the Rio state security service said in a statement. Their m ... more
Rome (AFP) Aug 2, 2017
Italy parliament approves Libya naval mission
Sydney (AFP) Aug 1, 2017
Tech advances will lead to MH370 discovery - Malaysia Airlines
New Delhi (AFP) Aug 1, 2017
Elephants, tigers kill one human a day in India


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