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Oil News and Gas News
August 17, 2017
OIL AND GAS
U.S. plans sale from Strategic Petroleum Reserve



Washington (UPI) Aug 16, 2017
The U.S. Department of Energy said it plans to sell some of the oil from the Strategic Petroleum Reserve, the world's largest emergency supply of oil. The department's Office of Fossil Energy said the sale from the federally-owned stockpile was scheduled for late August. The office aims to draw down and sell 14 million barrels of oil in order to meet the requirements of bipartisan legislation, most recently enshrined in the 21 Century Cures Act. Under the measure, signed in January, the ... read more

OIL AND GAS
Saudi Arabia, Iraq look to reopen border after 27 years
Baghdad (AFP) Aug 16, 2017
Iraqi and Saudi officials on Wednesday inspected a border crossing between their countries to examine how to reopen the frontier, closed for the past 27 years,, officials said Wednesday. ... more
OIL AND GAS
Oil prices move up on good data, but ceiling may be approaching
Washington (UPI) Aug 16, 2017
Crude oil prices were relatively steady early Wednesday as reports of a decline in U.S. crude oil inventories balanced against sentiment of an emerging ceiling. ... more
OIL AND GAS
Russian company Lukoil reports slight dip in oil production
Washington (UPI) Aug 16, 2017
Russian energy company Lukoil said total oil production for the second quarter was slightly lower, in part because of a reduction from operations in Iraq. ... more
OIL AND GAS
Gavel pounds for first Gulf of Mexico oil and gas lease under Trump
Washington (UPI) Aug 16, 2017
An offshore trade group said the lower-for-longer climate for oil prices may keep bidders at bay for a lease Wednesday for the Gulf of Mexico. ... more
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OILGASDAILY

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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
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OIL AND GAS
Australia's Woodside Petroleum sees big profit jump
Washington (UPI) Aug 16, 2017
Australian energy company Woodside Petroleum said its 49 percent jump in first-half profits came in part through a reduction in production costs. ... more
OIL AND GAS
Kuwait continues oil spill examinations
Washington (UPI) Aug 16, 2017
Kuwait's government said Iran has verified there were no reports of oil spilled from its tanker or pipelines following reports of Persian Gulf sheen. ... more
OIL AND GAS
Transocean to acquire Songa Offshore
Washington (UPI) Aug 15, 2017
Rig company Transocean said it built up its position in the offshore industry by reaching an agreement to acquire its North Atlantic rival, Songa Offshore. ... more
OIL AND GAS
U.S. gas prices holding steady as summer fades
Washington (UPI) Aug 15, 2017
U.S. retail gasoline prices are holding relatively stable, with analysts offering competing perspectives on the trend ahead as the demand-heavy summer wanes. ... more
OIL AND GAS
Anadarko shale basin lands Oklahoma on EIA map
Washington (UPI) Aug 15, 2017
With more than 10 percent of the new wells drilled in U.S. shale basins, Oklahoma has earned a place in new monthly data reporting, the government said. ... more
OIL AND GAS
Maduro orders Venezuela military drill after Trump threat
Caracas (AFP) Aug 15, 2017
Venezuelan leader Nicolas Maduro ordered the army to conduct a round of military drills later this month in response to US President Donald Trump's threat of military action in the crisis-stricken nation. ... more


Iran sees banking channels opening up

OIL AND GAS
Kuwait reports second oil spill
Kuwait City (AFP) Aug 15, 2017
Kuwaiti authorities on Tuesday reported a second oil slick off the Gulf state's shores days after saying another large spill was under control. ... more
OIL AND GAS
Capital push under way for Cuban oil campaign
Washington (UPI) Aug 15, 2017
Proceeds from an effort to raise new capital will be used primarily to start planning for a drilling program in Cuba next year, Melbana Energy announced. ... more
OIL AND GAS
BP starts new gas production from Trinidad, a major exporter
Washington (UPI) Aug 14, 2017
British energy company BP said it expected a ramp up in natural gas production from its second project to come online this year off the coast of Trinidad. ... more
OIL AND GAS
Moscow backs peace efforts by Libya rivals
Moscow (AFP) Aug 14, 2017
Russian Foreign Minister Sergei Lavrov on Monday backed the efforts of Libya's military strongman Khalifa Haftar and his rival UN-backed Prime Minister Fayez al-Sarraj to reach a peace agreement in the conflict-ridden country. ... 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
ABB wins $30 million order to support integration of renewables in Germany
Zurich, Switzerland (SPX) Aug 09, 2017
ABB has received an order of around $30 millon from the Dutch-German transmission system operator, TenneT, to supply a stabilization solution that will enhance the reliability and quality of power as the grid absorbs more renewable energy. The order was booked in the second quarter of 2017. Germany's "Energiewende" energy transition roadmap aims for a renewable energy target of at least 80 ... more
Washington (UPI) Aug 15, 2017
Work begins in carbon-free site in Dubai
Karlsruher, Germany (SPX) Aug 07, 2017
Solar glasses generate solar power
Chicago IL (SPX) Aug 07, 2017
New method enhances broadband light absorption in solar cells
Night vision for bird- and bat-friendly offshore wind power
Richland WA (SPX) Aug 16, 2017
The same technology that enables soldiers to see in the dark can also help protect birds and bats near offshore wind turbines. Night vision goggles use thermal imaging, which captures infrared light that's invisible to the human eye. Now, researchers at the Department of Energy's Pacific Northwest National Laboratory are using thermal imaging to help birds and bats near offshore wind farms. ... more
Washington (UPI) Aug 9, 2017
Norway's Statoil reshapes hold of giant wind farm off the British coast
Washington DC (SPX) Aug 07, 2017
Vertical axis wind turbines can offer cheaper electricity for urban and suburban areas
Berkeley CA (SPX) Aug 09, 2017
Annual wind report confirms tech advancements, improved performance, low wind prices
Analysis highlights failings in US's advanced nuclear program
Washington DC (SPX) Aug 16, 2017
Despite repeated promises over the past 18 years, the US Office of Nuclear Energy (NE) is unlikely to deliver on its mission to develop and demonstrate an advanced nuclear reactor by the mid-21st century. That is the conclusion of a new study from the University of California, San Diego and Carnegie Mellon University, published in the journal Environmental Research Letters, which used data ... more
Frankfurt Am Main (AFP) Aug 14, 2017
RWE optimistic for 2017, boosted by nuclear tax refund
Strasbourg, France (AFP) Aug 15, 2017
Clashes at anti-nuclear demo in France
New York, NY (SPX) Aug 09, 2017
The Roadmap for Increased Safety and Viability of Nuclear Power Plants
Heat map showcases extreme temperatures in Southern Europe
Washington (UPI) Aug 14, 2017
A new heat map published by the European Space Agency offers a colorful, bird's-eye-view of last week's heatwave in Southern Europe. As showcased by the swath of organs and red hues blanketing much of the Mediterranean, much of Southern Europe experienced highs near 105 degrees Fahrenheit. During the string of extreme highs, ESA's Earth-observing and weather satellites helped tra ... more
Washington DC (SPX) Aug 17, 2017
Incomplete drought recovery may be the new normal
Seoul (AFP) Aug 9, 2017
UNEP chief urges China to do more on climate
Beijing (SPX) Aug 09, 2017
Warm periods in the 20th century are not unprecedented during the last 2,000 years
Uber board spat over ex-chief Kalanick goes public
San Francisco (AFP) Aug 14, 2017
A bitter fight over control of Uber has intensified in recent days with warring factions battling over the future role, if any, of ousted chief executive Travis Kalanick at the global rideshare titan. On Monday, a major investor fired off a message to Uber employees explaining why it filed suit last week against founder Kalanick, accusing him of covering misdeeds while rigging the board in o ... more
Frankfurt Am Main (AFP) Aug 16, 2017
Fiat joins BMW-led group to develop driverless cars
New York (AFP) Aug 14, 2017
Shares of Fiat Chrysler surge on report of Chinese suitors
Washington (UPI) Aug 9, 2017
Electric vehicles to eat into global oil demand by 6 million barrels
The Last Free American Board Game
Iraq readies to retake another IS bastion: officials
Baghdad (AFP) Aug 14, 2017
Iraqi officials said Monday that preparations have been made for the battle to retake Tal Afar, a town held by the Islamic State jihadist group between Mosul and the Syrian border. Federal police chief Lieutenant General Raed Shakir Jawdat said in a statement that "armoured and elite units are headed for Tal Afar", the main remaining stronghold of IS in northern Iraq. The town is located ... more
Ankara (AFP) Aug 16, 2017
Iran general slams Iraq referendum plan during Erdogan talks
Ottawa (AFP) Aug 9, 2017
Canada to contribute policing to liberated Iraq city
Washington (AFP) Aug 4, 2017
Conviction, sentences upended in Blackwater case
Trump praises N. Korean leader's 'wise' decision to halt Guam missile test
New York (AFP) Aug 16, 2017
US President Donald Trump on Wednesday praised North Korea's leader for backing off on plans to fire missiles toward the US Pacific territory of Guam. "Kim Jong-Un of North Korea made a very wise and well reasoned decision. The alternative would have been both catastrophic and unacceptable!" Trump wrote on Twitter. Trump stunned the world last week by warning North Korea it faced "fire a ... more
United Nations, United States (AFP) Aug 16, 2017
UN chief offers help in N.Korea diplomacy efforts
Washington (AFP) Aug 14, 2017
Mattis warns of risk of war, pushes diplomacy; CIA chief says 'nothing imminent'
Beijing (AFP) Aug 14, 2017
China bans North Korean iron, seafood imports
China rejects US criticism on religious freedom
Beijing (AFP) Aug 16, 2017
China on Wednesday denied violations of religious freedom after the United States accused Beijing of persecuting Christians, Muslims, Falun Gong members and Tibetan Buddhists in an annual report. "All Chinese people of all ethnic groups and all regions are fully entitled to religious belief. The so-called report ignores facts," foreign ministry spokeswoman Hua Chunying said at a regular pres ... more
Hong Kong (AFP) Aug 16, 2017
Hong Kong activists defiant in face of possible jail term
Shenyang, China (AFP) July 15, 2017
Chinese dissident Liu Xiaobo's ashes buried at sea
Hong Kong (AFP) Aug 11, 2017
Anger over calls to limit air-con for Hong Kong maids
Dalai Lama cancels Botswana trip with 'exhaustion'
New Delhi (AFP) Aug 12, 2017
The Dalai Lama has cancelled a trip next week to Botswana because of "exhaustion" after Beijing expressed anger at the African country for allowing the visit. The 82-year-old Tibetan spiritual leader, who lives in exile in India, was to speak at a three day conference in Botswana's capital Gaborone, which begins on August 17. An official statement released late Friday said the Dalai Lama ... more
Maiduguri, Nigeria (AFP) Aug 12, 2017
UN says Nigeria relations 'intact' after unauthorised raid
Kano, Nigeria (AFP) Aug 11, 2017
Nigerian forces in 'unauthorised search' of UN camp
Nairobi (AFP) Aug 10, 2017
Kenyan opposition demands Odinga be 'declared president'
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Lockheed Martin receives $24.1M F-35 systems contract
Washington (UPI) Aug 14, 2017
Lockheed Martin has received a $24.1 million modification to an existing contract for F-35 Lightning II logistics services for U.S. and foreign military sales customers, the Department of Defense announced on Friday. The contract will apply toward the standing up of depots and systems for the aircraft's canopy and avionics. It will supply the U.S. Air Force, Navy, Marine Corps, non-Pent ... more
Hong Kong (AFP) Aug 16, 2017
Troubled Cathay loses HK$2.05 billion in first half 2017
Sydney (AFP) Aug 16, 2017
Objects spotted near suspected MH370 crash site - Australia
Kuala Lumpur (AFP) Aug 11, 2017
Families demand Malaysia accept MH370 hunt offer
Australia's Crown says all staff held in China now free
Sydney (AFP) Aug 14, 2017
Australia's Crown Resorts said Monday that China had released all of the casino group's employees who were detained as part of a gambling crackdown last year. Mogul James Packer's gaming company said the last of the 19 current and former Crown employees had been set free after being held for 10 months. "Crown is pleased that all of our employees have now been released and reunited with t ... more
Washington (AFP) Aug 14, 2017
Trump ups ante with China, orders inquiry over trade ties
Tokyo (AFP) Aug 16, 2017
Warning from history: Could Japan-style crash hit China
Washington (AFP) Aug 16, 2017
Trump renews attack on Amazon, claiming 'jobs lost'
India, China troops in high-altitude clash: officials
Srinagar, India (AFP) Aug 16, 2017
Indian and Chinese troops clashed briefly on a disputed area of land in the Himalayas, officials said Wednesday, exacerbating tensions during a months-long standoff between the two armies. Chinese troops threw stones at Indian soldiers near Pangong Lake, a major tourist attraction in the picturesque mountain region of Ladakh on Tuesday, an Indian defence official said. He said Chinese so ... more
Eniwa, Japan (AFP) Aug 16, 2017
Japan, US conduct live-fire drill amid regional tension
Bogota (AFP) Aug 14, 2017
US rallies LatAm on Venezuela after Trump military warning
Washington (AFP) Aug 16, 2017
Pentagon adjusts to life under unpredictable commander-in-chief
Daily Newsletters - Space - Military - Environment - Energy
Treaty to curb mercury exposure takes effect
Paris (AFP) Aug 16, 2017
A 128-nation treaty to curb exposure to the dangerous heavy metal mercury entered into force Wednesday, the United Nations announced on the convention's website. Adopted in 2013, the Minamata Convention on Mercury was named for the Japanese fishing town in which thousands were poisoned by the deadly element in the mid-20th century. The toll was caused by discharge from a chemical factory ... more
Washington (UPI) Aug 11, 2017
To reduce exposure to pollution on your commute, crank the air conditioning
Ottawa (AFP) Aug 14, 2017
Canada looking to add environmental protections to NAFTA
Seattle WA (SPX) Aug 17, 2017
Probiotics help poplar trees clean up toxins in Superfund sites
Sierra Leone mourns 100 children among dead in massive flooding
Freetown (AFP) Aug 16, 2017
Sierra Leone began a week of mourning Wednesday as it emerged that 105 children were among more than 300 people who perished in mudslides and torrential flooding, in one of the country's worst natural disasters. With 600 people still missing in Freetown, President Ernest Bai Koroma described the humanitarian challenge ahead as "overwhelming". He said flags would fly at half-mast and call ... more
Tripoli (AFP) Aug 16, 2017
Libyan marine rescue zone aims to 'organise' NGOs: navy
Washington (UPI) Aug 14, 2017
Urban flooding on the rise, as countryside dries up
New Delhi (AFP) Aug 12, 2017
Hunter fells elephant that killed 15 in India


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