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Oil News and Gas News
October 27, 2017
Raton Basin earthquakes linked to oil and gas fluid injections

Boulder CO (SPX) Oct 26, 2017
A rash of earthquakes in southern Colorado and northern New Mexico recorded between 2008 and 2010 was likely due to fluids pumped deep underground during oil and gas wastewater disposal, says a new University of Colorado Boulder study. The study, which took place in the 2,200-square-mile Raton Basin along the central Colorado-northern New Mexico border, found more than 1,800 earthquakes up to magnitude 4.3 during that period, linking most to wastewater injection well activity. Such wells are used ... read more

French contractor TechnipFMC bruised, but confident
Washington (UPI) Oct 26, 2017
The energy market is set up for oilfield service contracts to outperform levels from the depths of the downturn, French company TechnipFMC said. ... more
Oil prices stand still in market push-pull
Washington (UPI) Oct 26, 2017
Mixed support from supply and demand metrics left crude oil prices in relatively static territory in the early rounds of Thursday trading. ... more
Energy-rich Norway leaves policy rate unchanged
Washington (UPI) Oct 26, 2017
The general outlook for the oil- and gas-rich economy of Norway hasn't changed so lending rates will stay the same, the head of the central bank said. ... more
Iran says it's signed its first agreement tied to LNG
Washington (UPI) Oct 26, 2017
An Iranian energy company said it signed its first-ever deal for the sale of gas slated for foreign delivery as super-cooled liquefied natural gas. ... more
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The Humans to Mars Summit 2018 - George Washington University - Washington May 8-10, 2018
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Hearings cancelled over Minnesota oil pipeline
Washington (UPI) Oct 26, 2017
More than $20 million in state property taxes are on the line amid shows of civil disobedience over an Enbridge oil pipeline, a Minnesota trade group said. ... more
Amid energy spats, Ukraine's economy showing resilience
Washington (UPI) Oct 25, 2017
Amid spats with Russia over natural gas, Ukraine's prime minister said Wednesday the economy for the former Soviet republic is on pace to grow at a decent clip. ... more
After big bet on Guyana, Hess posts big loss
Washington (UPI) Oct 25, 2017
After dumping billions of dollars in assets to focus on one particular oil field in Guyana, Hess Corp. said Wednesday its net loss almost doubled year-over-year. ... more
The biggest U.S. offshore oil and gas grab to attract the biggest firms
Washington (UPI) Oct 25, 2017
With the opening of what's described as the biggest grab of U.S. offshore assets ever, an analyst said the region is best suited for the biggest of firms. ... more
Oil price rally tested by shale expectations
Washington (UPI) Oct 25, 2017
After strong gains in previous sessions, crude oil prices retreated Wednesday on analyst expectations they had brushed up against a market ceiling. ... more
Kurdish government proposes end to independence push
Washington (UPI) Oct 25, 2017
With oil the source of regional disputes, the semiautonomous Kurdish government in northern Iraq said it was backing off its ambitions for independence. ... more

Chinese offshore production lower than last year

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. ... more
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
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
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

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
Air pollution cuts solar energy potential in China
Princeton NJ (SPX) Oct 26, 2017
China is rapidly expanding its solar power supply, hoping to meet 10 percent of the nation's electricity needs with solar energy by 2030. But there's a problem: severe air pollution is blocking light from the sun, significantly reducing China's output of solar energy, particularly in the northern and eastern parts of the country. This issue is worst in the winter, when - according to resea ... more
Albuquerque NM (SPX) Oct 26, 2017
New fractal-like concentrating solar power receivers are better at absorbing sunlight
Washington (UPI) Oct 24, 2017
German utility sees potential in rooftop solar
Guelph, Canada (SPX) Oct 26, 2017
Recurrent Energy Announces Commercial Operation of 71 MW North Carolina Solar Project
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
Dessel, Belgium (SPX) Oct 20, 2017
Dessel: a new step forward with the dismantling of the site
A drier south: Europe's drought trends match climate change projections
Logan UT (SPX) Oct 26, 2017
On the same day that global leaders wrapped up an international water and climate summit in Rome, researchers published new findings that suggest European drought trends are lining up with climate change projections. Their study, published Oct. 25 in Scientific Reports, shows that two major drought indices are deviating from one another across Europe in a manner consistent with climate cha ... more
Hanover, NH (SPX) Oct 26, 2017
Carbon dioxide levels lower than thought during super greenhouse period
New Haven CT (SPX) Oct 26, 2017
Study reshapes understanding of climate change's impact on early societies
Riyadh (AFP) Oct 24, 2017
IMF chief warns of 'dark future' over 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
Paris (AFP) Oct 25, 2017
Opel drives Peugeot's sales, but China stalls
Bad Birnbach, Germany (AFP) Oct 25, 2017
Self-driving bus to shuttle Bavarian townsfolk
Washington (UPI) Oct 24, 2017
Study: Millions of miles of planned roads shouldn't be built
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
Beirut (AFP) Oct 26, 2017
Terrain, geopolitics make for tricky last battle on IS
Tehran (AFP) Oct 26, 2017
Iraq PM wins Iran support as forces battle IS, Kurds
Baghdad (AFP) Oct 25, 2017
Hashed al-Shaabi: controversial force on Iraq's frontlines
Dutch know-how may have gone into arms of mass destruction
The Hague (AFP) Oct 26, 2017
The Dutch government has admitted that technology from the Netherlands may have been used to develop weapons of mass destruction in Iran, Pakistan or Syria. Dutch intelligence services have received "indications in a number of cases" that "Dutch technology was used in programmes of weapons of mass destruction or for the means of transmission in Iran, Pakistan or Syria", the outgoing minister ... more
Clark, Philippines (AFP) Oct 24, 2017
Philippines says sanctions strengthen Kim as Chinese, SK defence chiefs meet
Bangkok (AFP) Oct 26, 2017
Mattis says US 'not rushing to war' with N. Korea
Washington (AFP) Oct 26, 2017
US adds sanctions on North Korea for rights abuses
What is Xi thinking? China's leader makes the constitution
Beijing (AFP) Oct 24, 2017
China's most powerful leader in decades entered Communist Party folklore on Tuesday when cadres voted overwhelmingly to engrave the Xi Jinping way into their constitution. "Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era," adds a new section to the already-weighty party tome, and puts the 64-year-old Chinese president in distinguished company. Only two other me ... more
Hong Kong (AFP) Oct 25, 2017
Fears mount over bookseller 'freed' by China
Beijing (AFP) Oct 25, 2017
China's Xi welcomes 'objective' media at restricted event
Beijing (AFP) Oct 23, 2017
In Communist China, it's a man's world at the top
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
Boeing keeps tough line on Bombardier as earnings fall
New York (AFP) Oct 25, 2017
Boeing strongly defended its tough stance in a trade dispute with Canada's Bombardier Wednesday, as it reported lower quarterly earnings in part due to unexpected costs on a military contract. Boeing chief executive Dennis Muilenburg defended a complaint against the Canadian company over alleged illegal subsidies, a dispute that has deepened tensions between Canadian Prime Minister and US Pr ... more
Chicago IL (SPX) Oct 26, 2017
UChicago astrophysicists to catch particles from deep space on NASA balloon mission
Edwards AFB CA (SPX) Oct 23, 2017
Highly flexible wings tested
Athens (AFP) Oct 19, 2017
Greece defends F-16 warplane upgrade amid cost criticism
At a forgotten Pakistan port, China paves a new Silk Road
Gwadar, Pakistan (AFP) Oct 25, 2017
Remote and impoverished, Pakistan's Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China aimed at constructing a 21st century Silk Road. Situated on a barren peninsula in the Arabian Sea, Gwadar, or the "gate of the wind", owes its fortuitous selection as Pakistan's next economic hub to its strategic location near the Strait of Ho ... more
Tokyo (AFP) Oct 25, 2017
Japan bank CEO quits over claims of $2.2 bn in bad loans
Paris (AFP) Oct 25, 2017
France seeks 'green veto' in EU-Canada trade deal
Beijing (AFP) Oct 23, 2017
Brie trade agreement: China lifts soft cheese ban
'Xi Dada' casts a long shadow over China
Beijing (AFP) Oct 25, 2017
Chinese politics have increasingly become a one-man show, with President Xi Jinping as the indisputable star. When Xi took the stage Wednesday to reveal the new members of the Communist Party's all-powerful Politburo Standing Committee, he spent less than two minutes introducing his fellow committee members. He then launched into his own vision for the country as the six stoney-faced men ... more
New Delhi (AFP) Oct 25, 2017
Tillerson starts talks in India dominated by China
Berlin (AFP) Oct 20, 2017
NATO ill-prepared for a Russian attack: report
Beijing (AFP) Oct 25, 2017
China's new leadership: Ageing men seen as no threat to Xi
Daily Newsletters - Space - Military - Environment - Energy
India top court bans dirty fuel to fight Delhi's bad air
New Delhi (AFP) Oct 24, 2017
India's top court Tuesday banned the use of petroleum coke - a cheap but dirty fuel - in New Delhi's neighbouring states, the latest crackdown aimed at improving air quality in one of the most polluted cities in the world. The Supreme Court also ordered a ban on the sale and use of furnace oil - a polluting refinery by-product - in industries in the states of Haryana, Uttar Pradesh and R ... more
Santiago (AFP) Oct 25, 2017
Chile to ban plastic bags in coastal regions
Rome (AFP) Oct 25, 2017
Schools closed over fears of toxic wind from Italy steel plant
Washington (UPI) Oct 24, 2017
Levels of microplastics in the Baltic have remained constant for 30 years
17 climbers dead after avalanche in Mongolia
Ulaanbaatar (AFP) Oct 25, 2017
The death toll from an avalanche in Mongolia rose to 17 on Wednesday after rescuers found the bodies of seven missing climbers who had ignored a ban on climbing a mountain. The Mongolian nationals went missing on Sunday after climbing the 4,021-metre (13,192 foot) Mount Otgontenger, the National Emergency Management Agency said. The group was made up of four women and 13 men aged 30 to 5 ... more
Washington (AFP) Oct 24, 2017
US Congress passes $36.5 bn in hurricane, wildfire aid
The Hague (AFP) Oct 24, 2017
Sophisticated DNA labs unveiled to help trace the missing
San Juan (AFP) Oct 20, 2017
Mayor of Puerto Rican capital a fighter who took on Trump
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