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Oil News and Gas News
October 31, 2017
OIL AND GAS
China oil majors' profits up on firm demand



Shanghai (AFP) Oct 31, 2017
China's two big oil giants PetroChina and Sinopec have reported strong third-quarter net profits on robust domestic demand. State-owned PetroChina said late Monday that net profit for July-September was 4.69 billion yuan ($706.4 million), jumping nearly fourfold from the same period last year. "International oil prices fluctuated within a wide range and the average price increased significantly compared with the same period last year," PetroChina said in a statement to the Hong Kong stock exchan ... read more

OIL AND GAS
United Arab Emirates next to support OPEC cut extension
Washington (UPI) Oct 29, 2017
There's support for extending the production cut agreement led by OPEC, but a decision won't be made until November, the Emirati energy minister said Monday. ... more
OIL AND GAS
Oil prices test new territory amid OPEC chatter
Washington (UPI) Oct 29, 2017
Crude oil prices continued to test new highs in Monday trading, supported by a growing consensus that OPEC will extend a production cut agreement in November. ... more
OIL AND GAS
Aker BP sees big gains in third quarter production
Washington (UPI) Oct 29, 2017
Production boomed and third quarter income for oil and gas explorer Aker BP came in nearly twice as high as it did last year, the company said Monday. ... more
OIL AND GAS
Oil gives short-term life to African economies, IMF says
Washington (UPI) Oct 29, 2017
The economies of sub-Saharan Africa get some support from oil production in Nigeria and elsewhere, though it flattens out by 2019, the IMF said Monday. ... more
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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
Iraq adds capacity to oil export terminal
Washington (UPI) Oct 29, 2017
A new export terminal at the southern Iraqi port city of Basra adds another 900,000 barrels per day of capacity, the Iraqi oil ministry said. ... more
OIL AND GAS
Cuban oil work hits a snag for Melbana Energy
Washington (UPI) Oct 29, 2017
Work to find partners to help tap into onshore Cuban oil prospects continues after a farm-in agreement fell apart, Melbana Energy Ltd. said Monday. ... more
OIL AND GAS
Upbeat producer sentiment offset GDP to push oil prices lower
Washington (UPI) Oct 27, 2017
Production expectations from energy companies during earnings season offset growth in the U.S. economy to pull the price of oil lower on Friday. ... more
OIL AND GAS
Tullow Oil strikes dust near one of South America's biggest prizes
Washington (UPI) Oct 27, 2017
Explorer Tullow Oil said it was confident about the broader region, but had no luck in a frontier effort near one of the largest finds in South America. ... more
OIL AND GAS
Iraq finds 'contraband' oil pipeline in south
Basra, Iraq (AFP) Oct 27, 2017
Iraqi police have uncovered an underground pipeline used to smuggle crude oil from the giant Rumaila oilfield in the south of the country, a security source said on Friday. ... more
OIL AND GAS
Oil States International reports third quarter hit from Harvey
Washington (UPI) Oct 27, 2017
As warned earlier this month, the impact of Hurricane Harvey on the southern U.S. energy sector took a toll on third quarter results, Oil States International said. ... more


Exxon earning and spending more

OIL AND GAS
Italy's Eni sees easy growth at $60 per barrel
Washington (UPI) Oct 27, 2017
Current market conditions, with Brent crude oil prices moving toward $60 per barrel, support production growth and investments, Italy's Eni said Friday. ... more
OIL AND GAS
Trans Mountain pipeline planners seek federal intervention
Washington (UPI) Oct 27, 2017
The planners of the Trans Mountain oil pipeline in Canada called for federal intervention in order to proceed with expansions in the face of city-level appeals. ... more
OIL AND GAS
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 ... more
OIL AND GAS
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



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
Washington (UPI) Oct 27, 2017
Fitch: U.S. decision on Paris doesn't matter for renewable growth
Washington (UPI) Oct 26, 2017
Oil-rich Alberta adding more solar components
Ulsan, South Korea (SPX) Oct 26, 2017
UNIST researchers develop highly stable perovskite solar cells
New York sets high bar for wind energy
Washington (UPI) Oct 26, 2017
The state of New York aims to become a new hub for the wind energy industry with its unique geographical position and ambitions goals, a state leader said. New York ranks 11th in the nation in terms of installed wind energy capacity and is the 15th windiest. As of 2014, the state had 20 wind energy projects in service, with a total capacity of 1.8 gigawatts of capacity. The state set of ... more
Canberra, Australia (SPX) Oct 20, 2017
Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project
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
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
At climate talks, it's America alone more than America first
Washington (AFP) Oct 30, 2017
Facing 195 other countries who have chosen a different path, the task of US negotiators at upcoming climate talks in Bonn is unenviable. Donald Trump has vowed to exit the Paris Climate accord, just not yet, leaving US policy in limbo for the next three years until Washington can officially leave. So, it falls to Thomas Shannon - a respected career diplomat - to this week lead a delega ... more
Washington DC (SPX) Oct 31, 2017
Tiny chip-based methane spectrometer could help reduce greenhouse gas emissions
Logan UT (SPX) Oct 26, 2017
A drier south: Europe's drought trends match climate change projections
Hanover, NH (SPX) Oct 26, 2017
Carbon dioxide levels lower than thought during super greenhouse period
Energy firms back investment into diesel engine
London (AFP) Oct 27, 2017
As major carmakers shift towards electric vehicles, a group of major oil and gas firms announced Friday an investment into a diesel engine. The Oil and Gas Climate Initiative (OGCI), which includes BP, Saudi Aramco, Royal Dutch Shell and Total and has a $1-billion investment fund for low-carbon technologies, said it was putting money into Achates Power. The US company promotes a high-ef ... more
San Francisco (AFP) Oct 29, 2017
Investors fuel a multibillion-dollar ride-sharing frenzy
Frankfurt Am Main (AFP) Oct 27, 2017
'Dieselgate' costs choke Volkswagen profits
Paris (AFP) Oct 25, 2017
Opel drives Peugeot's sales, but China stalls
The Last Free American Board Game
Terrain, geopolitics make for tricky last battle on IS
Beirut (AFP) Oct 26, 2017
The Islamic State group's empire has shrunk fast this year but the rump of its "caliphate" on the Iraq-Syria border is a hostile jihadist heartland where competing regional interests converge. After losing their main hubs of Mosul and Raqa this year, the noose continued to tighten around holdout IS fighters regrouping in the badlands where the organisation was born. On Thursday, Iraqi Pr ... more
Riyadh (AFP) Oct 29, 2017
Saudi Airlines to operate first Baghdad flight in 27 years
Baghdad (AFP) Oct 28, 2017
Suicide bomber kills 3 at Iraq funeral: army
Ottawa (AFP) Oct 28, 2017
Canada pauses military assistance to Iraqi troops
IAEA inspectors in Iran working 'without problem': Amano
Abu Dhabi (AFP) Oct 30, 2017
The head of the UN atomic agency said in Abu Dhabi on Sunday IAEA inspectors are doing their work in Iran "without problem", a day after Tehran was implementing its nuclear commitments. "Our inspectors (in Iran) are discharging their responsibilities without problem," Yukiya Amano, head of the International Atomic Energy Agency, told reporters in Abu Dhabi. He was speaking on the sidelin ... more
The Hague (AFP) Oct 26, 2017
Dutch know-how may have gone into arms of mass destruction
Vatican City (AFP) Oct 30, 2017
Vatican to host high-level push against nuclear weapons
Seoul (AFP) Oct 27, 2017
The devastating tolls of a new Korean war
China accuses Xi rivals of vote rigging
Beijing (AFP) Oct 27, 2017
China's ruling Communist Party says three of its top former officials rigged votes during earlier party congresses, in a move that sheds light on the fall of members of Xi Jinping's rival factions. The senior figures were removed from office over the last few years as part of Xi's sweeping corruption crackdown, which some analysts have called a political purge. An article published by Xi ... more
Shanghai (AFP) Oct 26, 2017
Xi takes short cut to China's Communist pantheon
Beijing (AFP) Oct 27, 2017
Activists fear more crackdowns in Xi's 'new era'
Beijing (AFP) Oct 30, 2017
Chinese universities start 'Xi Thought' institutes
Death of soldiers highlights US military presence in Niger
Abidjan (AFP) Oct 27, 2017
The killing of four US soldiers in Niger has highlighted the geo-strategic role the mainly desert west African nation plays in the American fight against Islamist groups in Africa. In the aftermath of the soldiers' deaths, the US Chairman of the Joint Chiefs of Staff, General Joseph Dunford, revealed that about 800 US troops are now based in Niger - more than in any other African country. ... more
Washington (AFP) Oct 24, 2017
Pentagon looks at stepped-up Africa role to counter IS
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
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Embraer, Sierra Nevada supplying more A-29 aircraft for Afghan air force
Washington (UPI) Oct 26, 2017
The U.S. Air Force's Afghanistan program has tapped Sierra Nevada Corporation and partner Embraer Defense & Security to supply six A-29 Super Tucano aircraft to Afghanistan. The Afghan air force uses the A-29 trainer and light attack aircraft for flight training, aerial reconnaissance and other missions, Embraer said in a company news release Wednesday. Afghanistan will have 26 A ... more
Washington (UPI) Oct 25, 2017
Airbus expected to lead light military helicopter market, report says
Washington (UPI) Oct 27, 2017
Eurofighter companies add on to Belgian contract bid
Washington (UPI) Oct 26, 2017
Despite strong Q3 earnings, Boeing hit with $349M loss over Pegasus
China's big four banks post solid Q3 results
Beijing (AFP) Oct 30, 2017
China's big four state-owned banks on Monday reported profit growth across the board in the third quarter, after President Xi Jinping emphasised the importance of the public sector earlier this month. Net income at the four banks - Industrial and Commercial Bank of China (ICBC), Bank of China (BOC), China Construction Bank (CCB), and Agricultural Bank of China - all grew in the low single ... more
Beijing (AFP) Oct 30, 2017
China cracks down on fraudulent provincial growth figures
Beijing (AFP) Oct 30, 2017
China slams US aluminium foil tariff ahead of Trump visit
Beijing (AFP) Oct 29, 2017
Business leaders bow to Xi as Communist Party pushes in
US releases Russian defense firms sanctions list
Washington (AFP) Oct 27, 2017
Under pressure from an impatient Congress, President Donald Trump's administration belatedly published a list of Russian firms and agencies Friday to comply with a new sanctions law. Trump had opposed the law, which restricted his authority to loosen measures imposed to punish Russia for its meddling in Ukraine and alleged interference in US politics. But he begrudgingly signed off on ... more
Beijing (AFP) Oct 30, 2017
China crowns Xi with name once reserved for Mao Zedong
Brussels (AFP) Oct 26, 2017
NATO challenges Russia on military drill numbers
Berlin (AFP) Oct 20, 2017
NATO ill-prepared for a Russian attack: report
Daily Newsletters - Space - Military - Environment - Energy
Dynamic catalytic converters for clean air in the city
Karlsruher, Germany (SPX) Oct 31, 2017
Reducing pollutant emission of vehicles and meeting stricter exhaust gas standards are major challenges when developing catalytic converters. A new concept might help to efficiently treat exhaust gases after the cold start of engines and in urban traffic and to reduce the consumption of expensive noble metal. It is based on the interaction between platinum and the cerium oxide carrier to control ... 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
SATCOM and Disaster Recovery Plans Withstand Irma
McLean VA (SPX) Oct 31, 2017
The recent barrage of hurricanes in the southern United States is a reminder of the need for all companies that operate critical services to have a solid disaster recovery (DR) plan. At Intelsat General Corporation (IGC), the unpredictability of hurricane Irma gave us an opportunity to execute our own DR plan and to provide uninterrupted service for our customers. As a satellite communicat ... more
Paris (AFP) Oct 30, 2017
$129 bn in extreme weather losses last year: climate report
New York (AFP) Oct 31, 2017
Displaced Puerto Ricans find refuge in New York
La Montabita, Colombia (AFP) Oct 28, 2017
Fighting to farming: New life for Colombia's ex-rebels
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