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Oil News and Gas News
October 25, 2017
OIL AND GAS
High gas prices may crimp holiday spending, AAA finds



Washington (UPI) Oct 24, 2017
The retail price for a gallon of gasoline, up 24 cents per gallon from last year, could eat into holiday spending for U.S. consumers, retail analysis finds. The average retail price for a gallon of gasoline in the United States has been on a steady decline for most markets through October, following seasonal trends. The average price of $2.46 per gallon is more or less unchanged from last week, 12 cents per gallon less than one month ago, but 24 cents higher than on this date last year. ... read more

OIL AND GAS
Bullish signals emerging for crude oil prices
Washington (UPI) Oct 24, 2017
Bullish signals emerging Tuesday sparked only a minor rally in oil prices as traders wait to see what pans out in the actual weekly supply and demand figures. ... more
OIL AND GAS
Hess goes on divestment streak to fund mega oil field
Washington (UPI) Oct 24, 2017
The more than $2 billion in divestments from Norway and Equatorial Guinea will help Hess Corp. develop its opportunities offshore Guyana, the company said. ... more
OIL AND GAS
IHS: Investments moving away from U.S. Gulf of Mexico
Washington (UPI) Oct 24, 2017
Investment interest in the shale basins in the United States suggests capital is moving away from deepwater reserves, consultant group IHS found. ... more
OIL AND GAS
Enbridge pipeline in Minnesota still facing opposition
Washington (UPI) Oct 24, 2017
An agency charged with part of the vetting process for a crude oil pipeline through Minnesota pressed its case that plans by Enbridge are no longer necessary. ... more
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OILGASDAILY

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
OIL AND GAS
Electricity from shale gas versus coal
Ann Arbor MI (SPX) Oct 24, 2017
Despite widespread concern about potential human health impacts from hydraulic fracturing, the lifetime toxic chemical releases associated with coal-generated electricity are 10 to 100 times greater ... more
OIL AND GAS
Gas has environmental benefits, with caveats
Washington (UPI) Oct 23, 2017
Natural gas offers a cleaner power source when compared with other fuels, but a report Monday from the IEA said comparing gas to coal sets the bar too low. ... more
OIL AND GAS
Trump tells Paris, Berlin to 'keep making money' via trade with Tehran
Washington (AFP) Oct 23, 2017
US President Donald Trump said in an interview aired Sunday he does not object to France and Germany continuing trade with Iran, despite his refusal to certify the Iran nuclear deal. ... more
OIL AND GAS
Tillerson attends landmark Saudi, Iraq meeting
Riyadh (AFP) Oct 22, 2017
Top US diplomat Rex Tillerson attended a landmark meeting Sunday between Saudi Arabia and Iraq aimed at upgrading strategic ties between the two countries and countering Iran's regional influence. ... more
OIL AND GAS
Kremlin confirms respect for Iraq, after veiled warning on oil
Washington (UPI) Oct 23, 2017
After Iraq issued veiled warnings about oil work in the Kurdish north of Iraq, Russia's foreign minister said Monday the Kremlin respects Iraq's sovereignty. ... more
OIL AND GAS
Vitol takes U.S. oil up a notch with Noble deal
Washington (UPI) Oct 23, 2017
Commodities trader Noble Group said Monday it sold off an oil trading business focused on the Americas to its counterpart, Vitol, for $576 million. ... more


Oil prices diverge on competing trends

OIL AND GAS
Wood Mac: Africa has oil potential, but progress will be slow
Washington (UPI) Oct 23, 2017
Sub-Saharan African oil producers may be among the more promising emerging players, though a downturn in investments is striking a blow, analysis finds. ... more
OIL AND GAS
Libyan oil production gains limited
Washington (UPI) Oct 20, 2017
War damage to port facilities in Libya could constrain production to around 1.25 million barrels per day, analysis from consultant group Wood Mackenzie found. ... more
OIL AND GAS
North America helped drive revenue for Halliburton
Washington (UPI) Oct 23, 2017
Improved market conditions in North America helped drive strong revenue growth during the third quarter, drilling services company Halliburton said Monday. ... more
OIL AND GAS
Schlumberger sees clear signs of balance
Washington (UPI) Oct 20, 2017
There are clear signs the global oil market is balanced, which would support higher oil prices and investments if sustained, the head of Schlumberger said. ... more



Expanding Brazilian sugarcane could dent global CO2 emissions
Champaign IL (SPX) Oct 25, 2017
Vastly expanding sugarcane production in Brazil for conversion to ethanol could reduce current global carbon dioxide emissions by as much as 5.6 percent, researchers report in the journal Nature Climate Change. This would be a massive undertaking, involving the conversion of hundreds of thousands of square miles - at its most ambitious, more than the combined land area of Texas and Califor ... more
Munich, Germany (SPX) Oct 19, 2017
Stiff fibers spun from slime
Chicago IL (SPX) Oct 16, 2017
Converting carbon dioxide to carbon monoxide using water, electricity
Leuven, Belgium (SPX) Oct 20, 2017
Separating methane and CO2 will become more efficient
German utility sees potential in rooftop solar
Washington (UPI) Oct 24, 2017
A German wholesale retailer will get about 9 percent of its total electricity needs met through an agreement on rooftop solar installations, utility E.ON said. German utility E.ON said it was teaming up with wholesale and food retailer METRO Deutschland on a rooftop solar initiative. The utility company said it would install rooftop solar installations on 30 of METRO's wholesale centers ... more
Washington DC (SPX) Oct 23, 2017
How solar peaker plants could replace gas peakers
East Lansing MI (SPX) Oct 24, 2017
Transparent solar technology represents 'wave of the future'
Cayce SC (SPX) Oct 20, 2017
Clean Energy Collective Starts Construction on SCE and G Community Solar Facilities
Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project
Canberra, Australia (SPX) Oct 20, 2017
Australia's international wind energy company Windlab Limited will begin construction of the innovative $160 million Kennedy Energy Park hybrid renewable energy project, after securing financing from the Clean Energy Finance Corporation and the Australian Renewable Energy Agency. The project is owned by Kennedy Energy Park Holdings Pty Ltd, a joint venture between Windlab and Eurus Energy Holdin ... more
Thuwal, Saudi Arabia (SPX) Oct 18, 2017
A kite that might fly
Washington (UPI) Oct 17, 2017
Scotland outreach to Canada yields wind energy investment
Edinburgh (AFP) Oct 18, 2017
First floating wind farm starts operation in Scotland
South Korea to push ahead with nuclear power plants
Seoul (AFP) Oct 20, 2017
South Korea on Friday decided to push ahead with the construction of two new nuclear reactors after months of heated debate over whether the country should start weaning itself off atomic energy. A state commission, based on a survey of 471 jurors selected across the country, recommended finishing construction of the Shin Kori-5 and Shin Kori-6 reactors near the southeastern city of Ulsan. ... more
Seoul, South Korea (SPX) Oct 20, 2017
AREVA NP awarded contract for safety upgrades in seven reactors
Daniken, Switzerland (SPX) Oct 20, 2017
AREVA NP installs a system allowing flexible electricity generation at Goesgen nuclear power plant
Paris (SPX) Oct 23, 2017
MATRIX pitched as a game changer for used fuel dry storage
IMF chief warns of 'dark future' over climate change
Riyadh (AFP) Oct 24, 2017
The world will be in deep trouble if it fails to tackle climate change and inequality, IMF managing director Christine Lagarde warned on Tuesday. "If we don't address these issues... we will be moving to a dark future" in 50 years, she told a major economic conference in the Saudi capital. On climate change, Lagarde said that "we will be toasted, roasted and grilled" if the world fails t ... more
Managua (AFP) Oct 23, 2017
Nicaragua signs Paris climate agreement
Washington (UPI) Oct 24, 2017
GAO finds big U.S. costs from climate change
Washington DC (SPX) Oct 23, 2017
US ocean observation critical to understanding climate change
Delphi boosts self-driving efforts with $400 mn deal for nuTonomy
Washington (AFP) Oct 24, 2017
Automotive equipment maker Delphi said Tuesday it was acquiring US university spinoff nuTonomy in a move to bolster its technology for self-driving vehicles. Delphi, a former General Motors unit now headquartered in Britain, said the deal was valued at $400 million, with another $50 million possible in incentive payments. The deal is likely to expand the reach of nuTonomy, a company spun ... more
San Francisco (AFP) Oct 19, 2017
Lyft gets $1 bn from Google parent to rev up challenge to Uber
Washington (UPI) Oct 24, 2017
Study: Millions of miles of planned roads shouldn't be built
Singapore (AFP) Oct 24, 2017
Singapore to freeze number of cars on its roads
The Last Free American Board Game
Fierce clashes with IS near Mosul; Return of 5,600 jihadists poses major threat: Soufan
Baghdad (AFP) Oct 24, 2017
Thousands of foreign jihadists who have fled Islamic State group-held territories in Iraq and Syria could pose major security problems as they return home, a think-tank said Tuesday. At least 5,600 citizens or residents of 33 countries had returned home as IS faced devastating assaults on territories it held in Iraq and Syria, said the Soufan Center, a non-profit security analysis group. ... more
Baghdad (AFP) Oct 22, 2017
Iraq's Abadi: 'hero' who tackled mission impossible
Baghdad (AFP) Oct 15, 2017
Nearly 700,000 Iraqis from war-torn Mosul still displaced: NGO
Hawija, Iraq (AFP) Oct 7, 2017
Cinders and desolation in Iraq's Hawija after IS
Abe aims at N. Korea after storming to 'super-majority' vote win
Tokyo (AFP) Oct 23, 2017
Japanese Prime Minister Shinzo Abe pledged Monday to work with the US, China and Russia to contain North Korea's nuclear threat with "strong, resolute diplomacy", as he "humbly" accepted his landslide victory in a snap election. Fresh from clinching a two-thirds "super-majority" that enables the nationalist premier to realise his dream of revising Japan's pacifist constitution, Abe vowed t ... more
Baghdad (AFP) Oct 23, 2017
Iraq PM challenges Tillerson on Iran remarks
Clark, Philippines (AFP) Oct 24, 2017
Philippines says sanctions strengthen Kim as Chinese, SK defence chiefs meet
Seoul (AFP) Oct 19, 2017
N. Korea cloud has silver lining for South's armsmakers
Fact or fiction? Doubts over China's 'rising nationalism'
Shanghai (AFP) Oct 20, 2017
The Shanghai site of the first Chinese Communist congress 96 years ago might be expected to draw admiring crowds as the party gathers in Beijing for its 19th such meeting. But despite a nationwide propaganda blitz for China's most important political gathering, only a few scattered elderly comprise the noon rush at what is now a small museum, and visitor Cai Tian thinks he knows why. "Th ... more
Beijing (AFP) Oct 20, 2017
Echoes of Mao: China Communist Party fawns over 'Xi thought'
Beijing (AFP) Oct 22, 2017
Xi's eyes and ears in Beijing: Red-armband army of 'volunteers'
Beijing (AFP) Oct 24, 2017
What is Xi thinking? China's leader makes the constitution
Pentagon looks at stepped-up Africa role to counter IS
Washington (AFP) Oct 24, 2017
The United States is considering a stepped-up military presence in Africa to pursue Islamic State group jihadists looking for new havens after the fall of their "caliphate," American officials say. After IS lost its de facto capital Raqa in Syria this month, and its Iraqi stronghold of Mosul earlier, the group "has aspirations to establish a larger presence" in Africa, the US military's top ... more
Washington (AFP) Oct 23, 2017
US military to pursue Niger operations after deadly attack
Washington (AFP) Oct 20, 2017
Niger raid highlights US forces' growing Africa role
Geneva (AFP) Oct 21, 2017
UN anti-torture panel suspends Rwanda trip over 'obstructions'
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Highly flexible wings tested
Edwards AFB CA (SPX) Oct 23, 2017
The subscale X-56A is scheduled for a series of research flights in November to prove enabling technology for designing aircraft with highly flexible, lightweight wings. The use of less structurally-rigid wings could be critical to future long-range, fuel-efficient airliners. A risk reduction flight Aug. 31 from Armstrong demonstrated that past challenges experienced during takeoffs and la ... more
Athens (AFP) Oct 19, 2017
Greece defends F-16 warplane upgrade amid cost criticism
Washington (UPI) Oct 24, 2017
U.S. Air Force deploying a dozen F-35s to Japan
Washington (AFP) Oct 20, 2017
Trump order allows Air Force to tackle pilot shortage
Brie trade agreement: China lifts soft cheese ban
Beijing (AFP) Oct 23, 2017
Fans of soft cheeses in China have reason to celebrate after the country reversed a ban on mould-ripened cheeses, allowing imports of Camembert, Brie and Roquefort, European Union officials said Monday. From early September, businesses in the country were forbidden from importing cheeses made with certain moulds and bacteria. The ban was lifted following meetings last week between Europe ... more
Beijing (AFP) Oct 19, 2017
China's economic growth slows in Q3 but on course to beat target
Paris (AFP) Oct 18, 2017
Cognac craze in US, China prompts Hennessy expansion
Hong Kong (AFP) Oct 22, 2017
Cashing out: The end of Hong Kong's historic trading floor
NATO ill-prepared for a Russian attack: report
Berlin (AFP) Oct 20, 2017
NATO would be incapable of rebuffing an attack by Russia on its eastern flank, according to an internal report by the alliance cited Friday by German magazine Der Spiegel. The document, entitled "Progress Report on the Strengthened Deterrence and Defence Capability of the Alliance", identified significant deficiencies. "NATO's ability to logistically support rapid reinforcement in the st ... more
Beijing (AFP) Oct 24, 2017
Xi joins Mao in Communist constitution, tightening grip on China
Clark, Philippines (AFP) Oct 24, 2017
China, ASEAN eyeing trust-building naval exercise: Singapore
New Delhi (AFP) Oct 20, 2017
India welcomes Tillerson call for deeper ties to counter China
Daily Newsletters - Space - Military - Environment - Energy
Nobel laureate wants global environment court
Tegucigalpa (AFP) Oct 24, 2017
Nobel Peace Prize laureate Tawakkul Karman proposed in Honduras on Tuesday the creation of a global tribunal to prosecute executives of multinational firms who damage the earth. Karman, of Yemen, made the suggestion in the Central American country that Amnesty International last year described - along with its neighbor Guatemala - as the most dangerous in the world for environmentalists. ... more
Washington (UPI) Oct 24, 2017
Levels of microplastics in the Baltic have remained constant for 30 years
New Delhi (AFP) Oct 24, 2017
India top court bans dirty fuel to fight Delhi's bad air
New Delhi (AFP) Oct 20, 2017
Delhi chokes on toxic haze despite Diwali fireworks ban
Mayor of Puerto Rican capital a fighter who took on Trump
San Juan (AFP) Oct 20, 2017
As Puerto Rico grapples with the destruction wrought by Hurricane Maria, it boasts a pint-sized, in-your-face advocate in San Juan's mayor - a woman feisty enough to lock horns with President Donald Trump. Meet Carmen Yulin Cruz, 54, who took on Trump angrily, emotionally and very publicly about what she called the slow pace of aid - or utter lack of it - arriving to the island of 3.4 mil ... more
Zurich (AFP) Oct 20, 2017
Insured losses from hurricanes, Mexico quakes $95 bln: Swiss Re estimate
The Hague (AFP) Oct 24, 2017
Sophisticated DNA labs unveiled to help trace the missing
Washington (AFP) Oct 24, 2017
US Congress passes $36.5 bn in hurricane, wildfire aid
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