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Oil News and Gas News
September 05, 2017
OIL AND GAS
Good first half of 2017 for West African explorer FAR Ltd.



Washington (UPI) Sep 5, 2017
FAR Ltd., an Australian energy company with a focus offshore West Africa, reported a strong first half, adding it expected positive cash for the next year. FAR Ltd. is working alongside partners tapping the emerging basins off the coast of West Africa. When discovered in 2014, the basin offshore Senegal in particular were counted among the largest in the world. By the estimates of the companies involved, Senegal could hold more than 1.5 billion barrels of oil of its coast In a report for ... read more

OIL AND GAS
Report: Oil fading as an energy source because of electric vehicles
Washington (UPI) Sep 5, 2017
The global demand for oil will peak within the next five years, driven largely by the increased market presence of electric vehicles, a top energy consultancy said. ... more
OIL AND GAS
Cost to develop giant Johan Sverdrup field in Norway moves lower
Washington (UPI) Sep 5, 2017
Norwegian energy company Statoil said the coast to develop the first half of its mega Johan Sverdrup oil field went down by about 5 percent. ... more
OIL AND GAS
Oil prices bounce back after Harvey downgraded to tropical depression
Washington (UPI) Aug 31, 2017
A U.S. decision to take emergency measures to offset energy market strains from Tropical Depression Harvey in part helped boost crude oil prices early Thursday. ... more
OIL AND GAS
Lundin exploring new potential in Barents Sea
Washington (UPI) Aug 31, 2017
A new well in Norway's southern waters of the Barents Sea is targeting a prospect thought to hold 244 million barrels of oil equivalents, Lundin Petroleum said. ... more
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OIL AND GAS
EU-Ukraine complete historic association agreement
Washington (UPI) Sep 1, 2017
An association between the European Union and Ukraine, a country central to EU energy security, has entered into force, top officials at the EU said Friday. ... more
OIL AND GAS
Paris region oil wells pumping on borrowed time
Andrezel, France (AFP) Sept 3, 2017
Standing alongside a field of beets in the Brie region outside Paris, the horse head of the oil derrick bobs day and night, drawing crude that helps satisfy the French capital's thirst for petrol. ... more
OIL AND GAS
No change in status for Libyan oil production, OMV says
Washington (UPI) Sep 1, 2017
There's been no change in the Libyan production status since conflict sidelined hundreds of thousands of barrels of oil capacity, Austria's OMV said Friday. ... more
OIL AND GAS
Oil prices move lower, but high volatility expected
Washington (UPI) Sep 1, 2017
The amount of crude oil forced into storage facilities in the United States left the short-term market lopsided and pushed major benchmarks lower early Friday. ... more
OIL AND GAS
Iraq cutting more oil production than necessary
Washington (UPI) Sep 1, 2017
Iraq is doing more than it needs to in terms of working to balance an oversupplied market through an OPEC-led effort, its oil minister said Friday from Moscow. ... more
OIL AND GAS
No need yet to act on Harvey, International Energy Agency says
Washington (UPI) Sep 1, 2017
There are high levels of oil and gas stocks in parts of the region impacted by Tropical Depression Harvey, the International Energy Agency said Friday. ... more


Gazprom looks to build up Asian market position

OIL AND GAS
Canada still vetting expansion to Trans Mountain oil pipeline
Washington (UPI) Sep 1, 2017
Even with full approval granted, Canada's government said it would still vet public concerns about the expansions to the west-bound Trans Mountain oil pipeline. ... more
OIL AND GAS
U.S. releases oil from strategic reserves in response to Harvey
Washington (UPI) Aug 31, 2017
With large-scale outages to the U.S. energy sector continuing, the federal government said Thursday it authorized a release of oil from its strategic reserves. ... more
OIL AND GAS
Gasoline prices spike on shortage worries in Harvey's wake
New York (AFP) Aug 31, 2017
US gasoline prices have jumped in the aftermath of Hurricane Harvey and local shortages could occur but the situation is likely to stabilize in the coming days. ... more
OIL AND GAS
Libya's economic recovery hurt by attacks on oil centers
Washington (UPI) Aug 31, 2017
With a loss from missing oil revenue, the closure of Libyan oil fields by militants is thwarting economic progress in the country, an oil director said. ... more



Reusable ruthenium-based catalyst could be a game-changer for the biomass industry
Tokyo, Japan (SPX) Sep 04, 2017
Known for their outstanding versatility, primary amines (derivatives of ammonia) are industrially important compounds used in the preparation of a wide range of dyes, detergents and medicines. Although many attempts have been made to improve their synthesis using catalysts containing nickel, palladium and platinum, for example, few have succeeded in reducing the formation of secondary and ... more
Lincoln NE (SPX) Aug 31, 2017
Technique could aid mass production of biodegradable plastic
Champaign IL (SPX) Aug 28, 2017
Researchers identify cheaper, greener biofuels processing catalyst
Zurich, Switzerland (SPX) Aug 23, 2017
How a bacterium can live on methanol
Moscow gets its first traffic signals powered by renewable energy
Washington (UPI) Aug 28, 2017
The Russian capital, Moscow, now has its first traffic signals ever to be powered by renewable energy, the nation's Center for Traffic Organization announced. "Traffic lights of the new system have two independent sources of energy: a wind generator and a solar battery," Vadim Yuryev, the head of the Russian Center for Traffic Organization, was quoted by the Tass news agency as saying. ... more
Berlin, Germany (SPX) Aug 29, 2017
Solar hydrogen production by artificial leaves
Stanford CA (SPX) Sep 04, 2017
Insect eyes inspire new solar cell design from Stanford
Gandhinagar, India (AFP) Sept 3, 2017
Air pollution throws shade on India's solar success
Saudi Arabia shortlists 25 bidders for major wind plant
Riyadh (AFP) Aug 29, 2017
Saudi Arabia invited bids Tuesday from 25 shortlisted companies to build a 400 megawatt wind power project, as the world's top oil exporter pushes for renewable sources to diversify its energy mix. The plant in northern Al-Jouf province is the first utility-scale wind project as part of the government's reform plan to wean the kingdom off oil, which has set a target of 9.5 gigawatts of renew ... more
Washington (UPI) Aug 24, 2017
First foundations set for Baltic Sea wind farm
La Ventosa, Mexico (AFP) Aug 19, 2017
Wind energy blows up storm of controversy in Mexico
Washington (UPI) Aug 21, 2017
U.S. extends wind energy taproots into Zambia
China and Brazil sign agreements on nuclear power
Beijing (AFP) Sept 1, 2017
China and Brazil signed 14 cooperative agreements on Friday, including on football and nuclear and hydro power, as embattled Brazilian President Michel Temer seeks to revive Latin America's largest economy. They were inked following Temer's meeting with President Xi Jinping in Beijing ahead of next week's BRICS summit. Temer, who has vigorously sought Chinese investment since taking offi ... more
Astana, Kazakhstan (AFP) Aug 29, 2017
Kazakhstan inaugurates IAEA-backed nuclear fuel bank
Budapest (AFP) Aug 28, 2017
2018 start for Russia-backed nuclear plant work:
Tokyo (AFP) Aug 24, 2017
Fukushima operator faces $5 bn US suit over 2011 disaster
Periodic table of ecological niches could aid in predicting effects of climate change
Austin TX (SPX) Sep 04, 2017
A group of ecologists has started creating a periodic table of ecological niches similar to chemistry's periodic table. And just as chemists have used their periodic table as a point of reference to understand relationships among elements, the emerging table for ecologists shows relationships over time among animals, plants and their environments - acting as a critical resource for scientists se ... more
Sydney (AFP) Sept 1, 2017
Australia has hottest winter on record
Melbourne, Australia (SPX) Aug 31, 2017
Researchers tackle methane emissions with gas-guzzling bacteria
Corvallis OR (SPX) Aug 28, 2017
Methane from tundra, ocean floor didn't spike during previous natural warming period
Battling to thwart diesel bans, Merkel throws in the cash
Berlin (AFP) Sept 4, 2017
Chancellor Angela Merkel on Monday pledged a billion euros to help German cities fight air pollution caused by dirty diesel cars, as a scandal strangling the automobile industry threatened to engulf politicians at the height of an election campaign. Merkel said she was doubling financial aid to cities from a previously announced 500 million euros ($600 million), in a bid to stave off the thr ... more
Washington (UPI) Aug 31, 2017
New emissions test necessary for new vehicles in the EU
Frankfurt Am Main (AFP) Sept 1, 2017
VW shares gain as dieselgate bullet dodged
Sao Paulom Brazil (SPX) Aug 29, 2017
Nanoparticles pollution rises 30 percent when flex-fuel cars switch from bio to fossil
The Last Free American Board Game
Iraq faces vast challenges despite victories over IS: experts
Baghdad (AFP) Sept 1, 2017
Iraq's victory over the Islamic State group in Tal Afar was the latest in a string of gains against the jihadist group, but Iraqi forces still face massive challenges, experts say. In 2014, as IS staged a rapid advance across northern Iraq, police and military personnel abandoned their posts to the jihadists with barely a fight. That allowed the group to establish its "caliphate" across ... more
Baghdad (AFP) Aug 31, 2017
Iraq strikes major victory over Jihadists; As IS slides from defeat to defeat
Amman (AFP) Aug 30, 2017
Jordan, Iraq reopen only border crossing; Iraqi forces close in on last jihadist ISIS stronghold
Tal Afar, Iraq (AFP) Aug 28, 2017
Iraq fighters take 'victory selfies' at Tal Afar citadel
Big Bang Theory for North Korea's Nukes
Sydney, Australia (SPX) Sep 04, 2017
North Korea has previously boasted of possessing thermonuclear weapons, or H-Bombs. Their claims were not taken seriously by most boffins in the past. North Korea has demonstrated the ability to build relatively simple "fission" weapons (A-Bombs), which split the atoms of a heavy element (uranium or plutonium) into smaller atoms, thus releasing energy. By contrast, a thermonuclear weapon i ... more
Seoul (AFP) Aug 31, 2017
North Korea and its missiles: what next?
Seoul (AFP) Sept 4, 2017
Trump's turn on S. Korea risks alliance: analysts
Xiamen, China (AFP) Sept 5, 2017
Putin warns of 'global catastrophe' over North Korea impasse
Hong Kong radio replaces BBC with Chinese programming
Hong Kong (AFP) Sept 5, 2017
Hong Kong's public radio station has replaced its 24-hour BBC World Service broadcast with Chinese state-run programming, in a move the British broadcaster called "disappointing" as concerns grow over Beijing's influence on the semi-autonomous city. Listeners woke up on Monday morning to the Mandarin-language broadcast of the China National Radio Hong Kong Edition (CNR), instead of the World ... more
Geneva (AFP) Sept 5, 2017
China blocking rights activists, harassing experts at UN: HRW
Geneva (AFP) Sept 5, 2017
China blocking rights activists, harassing experts at UN: HRW
Beijing (AFP) Sept 5, 2017
Chinese TV told to 'sing the praises of the party'
DRCongo troops chasing reporter 'force entry' at UN base
Kinshasa (AFP) Aug 29, 2017
The UN said Tuesday that soldiers "forced entry" into its base in the volatile Kasai region of DR Congo aiming to arrest a journalist critical of President Joseph Kabila. Journalist Edouard Diye Tshitenge had been planning to present a manifesto on Monday demanding the removal of Kabila, who has refused to step down despite constitutional limits. But the general who heads operations in t ... more
Luanda (AFP) Aug 23, 2017
Angolans vote as Dos Santos ends 38-year rule
Freetown (AFP) Aug 19, 2017
Death toll in SLeone flood disaster reaches 441
Washington (UPI) Aug 21, 2017
Africa Endeavor 2017 communications conference starts in Malawi
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Airbus Perlan Mission II Soars Into History, Sets New World Record for Glider Altitude
El Calafate, Argentina (SPX) Sep 05, 2017
Airbus Perlan Mission II, the world's first initiative to send an engineless aircraft to the edge of space, made history yesterday in the Patagonia region of Argentina by soaring to over 52,000 feet and setting a new world altitude record for gliding. "We are celebrating an amazing victory for aerospace innovation and scientific discovery today, and we're so thankful to all the volunteers ... more
(UPI) Aug 29, 2017
Elbit upgrading F-5 fighters of unidentified country
Washington (UPI) Sep 1, 2017
Australia seeks upgrade program for MH-60R helos
Washington (UPI) Sep 1, 2017
Sikorsky Aircraft wins $304 million contract add-on for King Stallion helicopters
Trump's turn on S.Korea risks alliance: analysts
Seoul (AFP) Sept 4, 2017
Donald Trump is playing into North Korea's hands by turning on the South, accusing it of appeasement, snubbing its leader and threatening to end their trade deal in moves that analysts say risk weakening a decades-long alliance. More than 24 hours after Pyongyang shook the ground and the world with what it said was a hydrogen bomb test, the US president had yet to speak to his South Korean c ... more
Managua (AFP) Sept 4, 2017
Nicaraguan anti-canal activist says held without charge
Beijing (AFP) July 18, 2017
China's Xi calls for more imports and more 'open economy'
Xiamen, China (AFP) Sept 3, 2017
Common ground in short supply as China hosts BRICS
Russia may reduce US diplomatic personnel by 155: Putin
Xiamen, China (AFP) Sept 5, 2017
Russian President Vladimir Putin threatened Tuesday to expel up to 155 more US diplomatic personnel from his country as the diplomatic feud between Washington and Moscow rumbled on. "We reserve the right to make a decision on how many American diplomats there are in Moscow. But we will not do that for the moment," Putin told a press conference after a summit of BRICS nations in southern Chi ... more
Xiamen, China (AFP) Sept 5, 2017
Putin backs sending force to protect Ukraine monitors
Volgograd (Sputnik) Sep 05, 2017
Russia, China Note Rapprochement of Positions in Space, Aviation Cooperation
Xiamen, China (AFP) Sept 5, 2017
China's Xi urges 'healthy' India ties after border spat: Xinhua
Daily Newsletters - Space - Military - Environment - Energy
Sri Lanka bans plastic after garbage crisis
Colombo (AFP) Sept 1, 2017
Sri Lanka banned plastic bags and other disposable products on Friday after the collapse of the island's biggest dump led to a rubbish disposal crisis. Rotting garbage piled up in many parts of the capital after the giant rubbish tip collapsed in April, crushing dozens of homes and killing 32 people. Many blamed the haphazard use of plastic, which was also cited in flash flooding in the ... more
Phnom Penh (AFP) July 13, 2017
Cambodia bans overseas exports of coastal sand
Brasília (AFP) Sept 1, 2017
Brazil government freezes Amazon mining plans
Gaza City, Palestinian Territories (AFP) Aug 26, 2017
Gaza boy swimmer death puts spotlight on pollution crisis
Some Texans head home to clean up, others still in peril
Port Arthur, United States (AFP) Sept 2, 2017
US President Donald Trump heads to Texas Saturday to assess conditions in the storm-ravaged state as residents of Houston and other cities were returning home to face the grim, possibly years-long task of rebuilding. One week after Harvey blasted into southeast Texas as a Category Four hurricane, rescuers were still searching by air and by boat for people trapped in flooded homes. A fres ... more
Houston (AFP) Sept 4, 2017
Texas chemical plant area declared safe after controlled blaze
Port Arthur, United States (AFP) Sept 2, 2017
Angels in mega trucks: drivers join rescue in storm-hit Texas
Houston (AFP) Sept 4, 2017
Houston faithful offer hope, help for Harvey amid aid appeal


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