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Oil News and Gas News
October 13, 2017
OIL AND GAS
OPEC's oil price forecast near a make-or-break point for U.S. shale



Washington (UPI) Oct 11, 2017
The price for crude oil next year should be around the so-called Goldilocks number for shale oil drillers in the United States, OPEC economists said. The Goldilocks scenario refers to a price point that's not so high that it encourages a strong drive in crude oil exploration and production, but not low enough to curtail capital spending and operations. Economists with the Organization of Petroleum Exporting Countries said in their monthly market report for October that the price for West ... read more

OIL AND GAS
Tullow sees quick path to production in Ivory Coast
Washington (UPI) Oct 11, 2017
If the commercial potential exists in oil basins inland in Ivory Coast, it won't take long to put them into production, British energy company Tullow Oil said. ... more
OIL AND GAS
Oil prices give tepid response to signs from OPEC on balance
Washington (UPI) Oct 11, 2017
Crude oil prices were slow out of the gate Wednesday, posting only minor gains after OPEC economists pointed to tighter market conditions ahead. ... more
OIL AND GAS
House leadership supports U.S. offshore overhaul
Washington (UPI) Oct 11, 2017
An offshore drilling act critics said was "wish list" legislation for the oil and gas industry was hailed as a strategic win by House Republican leadership. ... more
OIL AND GAS
Oil prices move lower on ceiling warning from IEA
Washington (UPI) Oct 11, 2017
Indications from the International Energy Agency that the oil market is brushing up against a ceiling sent crude oil prices sharply lower early Thursday. ... more
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OILGASDAILY

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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
Production lower for one Norwegian energy company
Washington (UPI) Oct 11, 2017
Even though some of its assets posted new production, AkerBP said Thursday its third quarter production was lower than last year by 7.5 percent. ... more
OIL AND GAS
Iranian energy companies lay out investment options in Amsterdam
Washington (UPI) Oct 11, 2017
Iranian oil and natural gas companies said Wednesday they were among the hundreds on hand in the Netherlands to introduce investment opportunities to the world. ... more
OIL AND GAS
Kurdish oil export payments continue after referendum
Washington (UPI) Oct 11, 2017
Gulf Keystone became the second company in as many days to announce payments for oil exported from the Kurdish north of Iraq after its referendum. ... more
OIL AND GAS
BNP Paribas says it will no longer back oil
Washington (UPI) Oct 11, 2017
Paris-based global banker BNP Paribas said Wednesday it would no longer do business with companies tied to oil sands, shale development or Arctic campaigns. ... more
OIL AND GAS
Cuban oil work moves toward exploration phasew/
Washington (UPI) Oct 11, 2017
Geological surveys of an inland oil basin in Cuba are completed and work will now continue toward exploration drilling, an Australian energy company said. ... more
OIL AND GAS
Chevron abandons Great Australian Bight drill plans
Sydney (AFP) Oct 13, 2017
Energy giant Chevron Friday joined BP in ditching plans to drill in the Great Australian Bight citing weak oil prices, with environmentalists urging other major players to follow suit. ... more


Canadian trade group makes pitch for global edge

OIL AND GAS
Shell focusing elsewhere in Brazil after leaving gas distribution partnership
Washington (UPI) Oct 11, 2017
Royal Dutch Shell said it was selling its stake in a Brazilian gas distribution company so it could better focus on other parts of the country's energy sector. ... more
OIL AND GAS
French lawmakers back oil, gas production ban by 2040
Paris (AFP) Oct 10, 2017
France's lower house of parliament gave its overwhelming backing Tuesday to a ban on producing oil and gas on French territory by 2040. ... more
OIL AND GAS
Expect more U.S. oil on the global market
Washington (UPI) Oct 10, 2017
U.S. crude oil exports will likely increase in part because of the discount for the U.S. benchmark price for oil against other grades, an industry report found. ... more
OIL AND GAS
Gas prices inching lower after hurricanes
Washington (UPI) Oct 10, 2017
Even though 90 percent of the oil production in the Gulf of Mexico was idled by Hurricane Nate, U.S. motorists will hardly notice, motor club AAA said. ... more



Breakthrough in direct activation of CO2 and CH4 into liquid fuels and chemicals
Liverpool UK (SPX) Oct 09, 2017
Researchers from the University of Liverpool have made a significant breakthrough in the direct conversion of carbon dioxide (CO2) and methane (CH4) into liquid fuels and chemicals which could help industry to reduce greenhouse gas emissions whilst producing valuable chemical feedstocks. In a paper published in chemistry journal Angewandte Chemie they report a very unique plasma synthesis ... more
Berlin (AFP) Oct 9, 2017
NGOs slam UN aviation agency plan for biofuels
Ames IA (SPX) Oct 06, 2017
Surrounded by potential: New science in converting biomass
Washington DC (SPX) Oct 09, 2017
A key step in synthetic fuel production from seawater patented by NRL
Total moves deeper into solar energy market
Washington (UPI) Oct 11, 2017
French energy company Total said Thursday it was playing an active role in the decarbonization of the French economy with a push deeper into the solar market. After a call for tenders, Total's solar power subsidiary said it was working through a partnership with agricultural services company Groupe Carré on 70 projects for solar polar installations on building and carports across Franc ... more
Adelaide, Australia (AFP) Oct 12, 2017
Flying Dutch win world solar car race in Australia
Washington (UPI) Oct 5, 2017
Statoil taps solar market in Brazil
Moscow, Russia (SPX) Oct 09, 2017
Scientists propose new way of increasing the efficiency of solar batteries
OX2 hands over Ajos wind farm to IKEA Finland
Stockholm, Sweden (SPX) Oct 10, 2017
In December 2015, IKEA Finland signed a purchase agreement with OX2 for 13 wind turbines in Kemi, northern Finland. All the terms of the agreement have now been met and IKEA Finland has taken ownership. "The renewal of the Kemi Ajos wind farm has been an important project for us on our path to gain energy independence. The IKEA vision is to create a better everyday life for the many people ... more
Miami (AFP) Oct 9, 2017
Wind farms in Atlantic could power the world: study
Washington (UPI) Sep 22, 2017
Germany gets economic lift with wind energy
Washington (UPI) Sep 20, 2017
French energy company to build wind power sector in India
Japan government, TEPCO liable for Fukushima crisis: court
Tokyo (AFP) Oct 10, 2017
Japan could have foreseen and avoided the 2011 Fukushima nuclear disaster, a court ruled on Tuesday, ordering the government and the power plant operator to pay damages to local residents. The Fukushima district court's verdict was the second time the government has been ruled liable for the meltdown in eastern Japan, the world's most serious nuclear accident since Chernobyl in 1986. The ... more
Winston Salem NC (SPX) Oct 09, 2017
New 'molecular trap' cleans more radioactive waste from nuclear fuel rods
Paris (AFP) Oct 10, 2017
French, Belgian nuke plants vulnerable to attack: Greenpeace
Normandy, France (SPX) Oct 03, 2017
Largest Nuclear Training Center In France Opens Its Doors
'Plan B': Seven ways to engineer the climate
Berlin (AFP) Oct 11, 2017
Dismissed a decade ago as far-fetched and dangerous, schemes to tame global warming by engineering the climate have migrated from the margins of policy debate towards centre stage. "Plan A" remains tackling the problem at its source. But efforts to sharply reduce greenhouse gas emissions have fallen woefully short and cannot, most scientists agree, avert catastrophic climate change on their ... more
Washington (UPI) Oct 11, 2017
British government unveils green spending plans
Berlin (AFP) Oct 11, 2017
As Paris climate goals recede, geoengineering looms larger
Washington (UPI) Oct 10, 2017
Cheaper to invest in climate change fight than to rebuild; EPA chief rolls back US plans
Tesla recalls Model X vehicles for seat fix
San Francisco (AFP) Oct 12, 2017
Tesla on Thursday said that it is recalling Model X sport utility vehicles to fix second-row seat-backs which might shift forward during crashes. Internal testing revealed that cables in second-row fold-flat seats in 2016 and 2017 model year vehicles might need to be adjusted to "ensure the safety" of those riding inside, a Tesla spokesperson said in an email response to an AFP inquiry. ... more
Oslo (AFP) Oct 12, 2017
Norway seeks 'Tesla tax' on electric cars
San Francisco (AFP) Oct 11, 2017
California to allow autonomous cars without driver
Washington (UPI) Oct 5, 2017
The U.S. needs at least twice as many charging points for EV
The Last Free American Board Game
Moscow says US 'pretending' to fight IS in Iraq
Moscow (AFP) Oct 10, 2017
Moscow accused the US on Tuesday of reducing air strikes against the Islamic State group in Iraq to let jihadists into Syria and fight the Russian-backed Syrian army, claims the Pentagon denied. Russian military spokesman Igor Konashenkov said the Syrian regime was attempting to push the jihadists out of eastern Deir Ezzor province, but that arrivals from Iraq were boosting their numbers. ... more
Paris (AFP) Oct 10, 2017
Shock Iraq torture photos raise ethical dilemmas
Karbala, Iraq (AFP) Oct 9, 2017
Young Iraqi given shot at governor's job after internet challenge
Mosul, Iraq (AFP) Oct 8, 2017
Long-term truants make nervy school return in Iraq's Mosul
Trump breaks with allies as US goes it alone on Iran
Washington (AFP) Oct 12, 2017
Donald Trump will unveil a more aggressive strategy to check Iran's growing might Friday, withdrawing presidential backing for a landmark nuclear deal and targeting the country's missile program and militia proxies. During a White House speech at 12:45 pm (1645 GMT), Trump is expected to declare a 2015 deal, which curbed Iran's nuclear program in return for massive sanctions relief, is no ... more
Washington (AFP) Oct 12, 2017
North Korea looms large as Trump's challenges Iran
Washington (AFP) Oct 11, 2017
Trump warns 'disgusting' press after nuke report
Paris (AFP) Oct 11, 2017
Iran says US opposing 'whole world'; Europe scrambles to save deal
Hong Kongers must stand up for China, says leader Lam
Hong Kong (AFP) Oct 11, 2017
Hong Kongers have a duty to stand up for China over threats to its sovereignty, the territory's leader Carrie Lam said Wednesday, months after Beijing warned against any challenge to its control over the semi-autonomous city. Lam, making her first policy address since she came to power earlier this year, skirted the subject of political reform as the city's pro-democracy forces contend with ... more
Hong Kong (AFP) Oct 4, 2017
Former Hong Kong leader appears in court over sandwich 'attack'
Hong Kong (AFP) Oct 3, 2017
Hong Kong democracy activist in court for throwing 'smelly' sandwich
Hong Kong (AFP) Oct 1, 2017
Hong Kong migrant mothers sing for their distant children
Rwanda military uses torture to force confessions: HRW
Kigali (AFP) Oct 10, 2017
Rwanda's military has used asphyxiation, electric shock and mock executions to torture confessions out of detainees, Human Rights Watch said in a report published Tuesday. The rights watchdog confirmed 104 cases of people being illegally detained and tortured in Rwandan military detention centres between 2010 and 2016, according to the 91-page report, which estimates the true figure is much ... more
Paris (AFP) Oct 9, 2017
New witness emerges over Rwandan genocide: French legal source
Maiduguri, Nigeria (AFP) Oct 6, 2017
Nigeria: Cooperation 'key' to defeating jihadists
Niamey (AFP) Oct 5, 2017
Three US Green Berets killed in Niger
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Trudeau warns Trump in Bombardier, Boeing row
Washington (AFP) Oct 11, 2017
Canadian Prime Minister Justin Trudeau on Wednesday warned US President Donald Trump that Canada would not make military buys from Boeing while the United States was targeting Canada's Bombardier with heavy import duties. The US aerospace firm, claiming its competitor received unfair state subsidies, successfully petitioned the Trump administration to impose financial penalties on Bombardier ... more
Sydney (AFP) Oct 12, 2017
F-35 stealth fighter data stolen in Australia defence hack
Washington (UPI) Oct 11, 2017
Boeing KC-46A tankers exchange fuel mid-flight for first time
Washington (UPI) Oct 5, 2017
Navy T-45 crash renews concerns about the trainer aircraft
Outsiders challenge Chicago school for Nobel economics prize
Stockholm (AFP) Oct 9, 2017
The 2017 Nobel season wraps up Monday with the economics prize, which could this year honour fields rarely awarded by the committee, such as development economics or French economist Esther Duflo's research on poverty. The Nobel Economics Prize was created by the Swedish central bank "in memory of Alfred Nobel" and first awarded in 1969, unlike the other prizes which were created in his last ... more
Washington (UPI) Oct 9, 2017
Researchers look for ancient trade routes at the bottom of the Mediterranean
Strasbourg, France (AFP) Oct 3, 2017
EU targets China with tough rules on cheap imports
Beijing (AFP) Sept 30, 2017
Chinese manufacturing accelerates for second straight month
Lithuania hikes defence budget to meet NATO target
Vilnius (AFP) Oct 11, 2017
Lithuania said Wednesday it would raise its defence spending to 2 percent of gross domestic product (GDP) next year to meet a NATO target amid security concerns over neighbouring Russia. The government of the Baltic state formally endorsed a rise from the current 1.8 percent of GDP to 2.006 percent for 2018. "In the light of the current global security situation, it is important that eac ... more
Moscow (AFP) Oct 12, 2017
Moscow accuses US of 'quietly' adding troops in Eastern Europe
Brussels (AFP) Oct 11, 2017
Ex-NATO chief urges allies to boost help for Ukraine
Beijing (AFP) Oct 11, 2017
China protests to US over sail-by in disputed waters
Daily Newsletters - Space - Military - Environment - Energy
Air pollution kills over 500,000 Europeans a year: report
Copenhagen (AFP) Oct 11, 2017
Air pollution causes more than 500,000 premature deaths across Europe each year despite "slowly" improving air quality on the continent, the EU's environment authority said Wednesday. Although data from the Copenhagen-based European Environment Agency (EEA) reveals some encouraging signs, in large part the result of new technologies, air pollution remains the leading environmental cause of ... more
Washington (UPI) Oct 11, 2017
Scientists trace path of inland plastic pollution from rivers to oceanw/ll
Tipitapa, Nicaragua (AFP) Oct 5, 2017
Polluted lake is poor Nicaraguans' lifeline
Tokyo (AFP) Oct 4, 2017
Olympics: Tokyo 2020 water venue polluted
Trump warns federal help for Puerto Rico not open-ended
Washington (AFP) Oct 12, 2017
Donald Trump warned Thursday that his willingness to help hurricane-battered Puerto Rico was not unlimited, prompting a furious backlash, with the mayor of San Juan branding the president a "Hater in Chief." Puerto Rico is struggling to recover after Hurricane Maria ripped through the island, leaving 44 people dead and cutting power and running water to much of its population, and its gover ... more
New Delhi (AFP) Oct 9, 2017
India's top court bans firecracker sales before Diwali
Rio De Janeiro (AFP) Oct 10, 2017
New military op in gang-plagued Rio favela
Preston, United Kingdom (AFP) Oct 7, 2017
Hurricane survivors swap Caribbean seas for English peas


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