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Oil News and Gas News
November 03, 2017
Shell's strategy is working, CFO says

Washington (UPI) Nov 2, 2017
A day after closing on the sale of billions of dollars in assets, Shell said its net quarterly profit of more than $4 billion showed "our strategy is working." "The competitive performance is further evidence of Shell's growing momentum and strengthens our firm belief that our strategy is working," Chief Financial Officer Jessica Uhl said. Shell said Thursday its net profit of $4.1 billion came from all of its business segments, though earnings came mainly from refining, higher productio ... read more

U.S. sanctions won't hinder oil production, Kremlin says
Washington (UPI) Nov 2, 2017
U.S. sanctions that target the Russian energy sector won't do anything to influence the country's crude oil production, the country's energy minister said. ... more
Oil price surge cooling, but market holds at historic highs
Washington (UPI) Nov 2, 2017
Crude oil prices drifted further away from recent highs Thursday as geopolitical spats over sanctions put Russia on the offense about oil production. ... more
U.S. offshore has unique oil export potential
Washington (UPI) Nov 2, 2017
Big energy companies with deep pockets could carve out a durable U.S. position on the global energy market with offshore production, analysis found. ... more
Iraq defends oil sector transparency
Washington (UPI) Nov 2, 2017
Iraq said it was in a unique position as an oil producer in the region with its steadfast commitment to supporting transparency in the industry. ... more
Previous Issues Nov 02 Nov 01 Oct 31 Oct 30 Oct 29

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China lends hand to Russian LNG projects
Washington (UPI) Nov 1, 2017
Russian independent gas producer Novatek said Wednesday it reached an agreement with a Chinese bank to help implement a Arctic liquefied natural gas project. ... more
Shale player Bill Barrett raises production guidance
Washington (UPI) Nov 1, 2017
U.S. shale oil player Bill Barrett Corp. said it was raising its expectations for full-year production for 2017 and 2018, even though it took a quarterly loss. ... more
Australian major Oil Search puts Alaska oil in its portfolio
Washington (UPI) Nov 1, 2017
In what was described as its most groundbreaking acquisition, Australian energy company Oil Search Ltd. said it was taking a big step into Alaskan oil. ... more
Oil prices continue streak, but ceiling may be approaching
Washington (UPI) Nov 1, 2017
Oil prices continued their push Wednesday above multi-year highs on stronger demand and a narrowing glut, but the rally may be brushing up against a ceiling. ... more
Shell completes $4.4 billion in sales a day before earnings report
Washington (UPI) Nov 1, 2017
Royal Dutch Shell said Wednesday it made further progress in a major divestment plan by completing the sale of assets in Gabon and in the North Sea. ... more
US approves $1 bln Qatar arms deal despite Gulf crisis
Washington (AFP) Nov 1, 2017
The United States government on Wednesday approved a $1.1 billion deal to service Qatar's F-15 fighter jets despite the diplomatic stand-off between the Gulf emirate and its neighbors. ... more

Japan taking on more oil

U.S. trying to force its way into European energy sector, Kremlin says
Washington (UPI) Oct 31, 2017
U.S. sanctions are designed as a tool to gain leverage in the European economy and energy sector in general, Russia's foreign minister said Tuesday. ... more
Turkmenistan sells China ice cream as energy profits melt
Ashgabat, Turkmenistan (AFP) Oct 31, 2017
Reclusive Turkmenistan on Tuesday hailed its first shipment of ice cream to China as the crisis-stricken Central Asia country seeks to diversify its exports beyond hydrocarbons. ... more
FAR Ltd. said Senegal oil may be its priority next year
Washington (UPI) Oct 31, 2017
The majority of the budget for 2018 will be targeted to the development of major oil discoveries off the coast of Senegal, FAR Ltd. said Tuesday. ... more
Higher U.S. oil exports, Great Lakes market, pulling gas prices higher
Washington (UPI) Oct 31, 2017
Record-setting U.S. oil exports, a spike in crude oil prices and lower inventories in the Great Lakes means higher retail prices for gasoline, analysts said. ... more

Research aims to help renewable jet fuel take flight
Newark DE (SPX) Nov 01, 2017
Airplanes zoom overhead, wispy-white contrails streaming behind them. The Federal Aviation Administration (FAA) handled 43,684 flights, on average, every day last year, and U.S. military and commercial flights together used over 20 billion gallons of jet fuel. All those emissions add up. World air travel contributed 815 million tons of CO2 emissions in 2016 - two percent of the global manm ... more
Champaign IL (SPX) Oct 25, 2017
Expanding Brazilian sugarcane could dent global CO2 emissions
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
No tariffs, U.S. solar industry leaders say
Washington (UPI) Nov 1, 2017
The Trump administration is called on to embrace free-markets over protectionism in order to support the blossoming solar power sector, industry leaders said. The U.S. International Trade Commission delivered three separate sets of recommendations to President Donald Trump designed to curb imports of solar components, ranging from quotas to a tariff on imports of 35 percent. In O ... more
Washington (UPI) Nov 2, 2017
European lender closer to green finance goals
Golden CO (SPX) Nov 01, 2017
Scientists elevate quantum dot solar cell world record
Washington (UPI) Oct 27, 2017
Fitch: U.S. decision on Paris doesn't matter for renewable growth
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
Rutgers-led research could revolutionize nuclear waste reprocessing and save money
New Brunswick NJ (SPX) Nov 02, 2017
Seeking a better way to capture radioactive iodides in spent nuclear reactor fuel, Rutgers-New Brunswick scientists have developed an extremely efficient "molecular trap" that can be recycled and reused. The trap is like a tiny, porous super-sponge. The internal surface area of just one gram of this material could stretch out to cover five 94-by-50-foot basketball courts, or 23,500 square ... more
Seoul (AFP) Oct 20, 2017
South Korea to push ahead with nuclear power plants
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
Could the Neolithic Revolution offer evidence of best ways to adapt to climate change?
Plymouth UK (SPX) Nov 03, 2017
Human behaviour during the last intense period of global warming might offer an insight into how best to adapt to current climate change, a study suggests. Research led by the University of Plymouth shows that between 10,000 and 15,000 years ago, a major shift in climatic conditions led to the planet becoming significantly warmer and wetter. This led to a range of responses from, and ... more
Washington DC (SPX) Oct 26, 2017
New study finds nature is vital to beating climate change
Paris (AFP) Oct 31, 2017
Shortfall in climate action is 'catastrophic': UN
Washington DC (SPX) Oct 31, 2017
Tiny chip-based methane spectrometer could help reduce greenhouse gas emissions
Tesla slides on murky outlook for fixing Model 3 production woes
New York (AFP) Nov 1, 2017
Tesla shares skidded Wednesday after offering only a murky timetable for fixing production "bottlenecks" for its Model 3, the vehicle aimed at broadening the appeal of the electric carmaker. Shares in Tesla, a longtime favorite of Wall Street, sank 4.7 percent in after-hours trade to $306.00 following its quarterly update, which also showed its net loss nearly doubled to $619 million - its ... more
San Francisco (AFP) Oct 29, 2017
Investors fuel a multibillion-dollar ride-sharing frenzy
London (AFP) Oct 27, 2017
Energy firms back investment into diesel engine
Frankfurt Am Main (AFP) Oct 27, 2017
'Dieselgate' costs choke Volkswagen profits
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IS executed 741 civilians during Mosul battle: UN
Geneva (AFP) Nov 2, 2017
The Islamic State group executed 741 civilians in the battle for the Iraqi city of Mosul, the UN said Thursday, accusing the jihadists of perpetrating "international crimes" during the nine-month military campaign. A total of 2,521 civilians were killed, mostly by IS attacks, during the fight between IS and the internationally-backed Iraqi Security Forces (ISF) that ended in July, the UN rig ... more
Baghdad (AFP) Nov 1, 2017
Iraq to hold parliamentary election in May: PM
Habbaniyah, Iraq (AFP) Oct 31, 2017
Iraqi forces advance to edge of final IS bastion Al-Qaim
Riyadh (AFP) Oct 29, 2017
Saudi Airlines to operate first Baghdad flight in 27 years
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
Seoul (AFP) Nov 1, 2017
South Korea will not develop nuclear weapons: president
United Nations, United States (AFP) Oct 31, 2017
EU, Japan ask UN to condemn N. Korea over rights abuses
Vatican City (AFP) Oct 30, 2017
Vatican to host high-level push against nuclear weapons
Majority of Chinese newborns are second children: state media
Beijing (AFP) Oct 31, 2017
Over half the babies born in China in the first eight months of 2017 were second children, official media reported Tuesday after the relaxation of the longstanding one-child rule. The number of parents choosing to have a second child has surged since Beijing loosened strict caps on family size in January 2016 to try to rejuvenate the ageing labour force. Some 52 percent of the 11.6 milli ... more
Hong Kong (AFP) Nov 2, 2017
Hong Kong government under fire in LGBT row
Manila (AFP) Nov 2, 2017
Philippine Everest conqueror sets sail for China
Beijing (AFP) Oct 31, 2017
China mulls three years' jail for anthem disrespect
US mission in Niger not what US commanders say it was: reportw
Washington (AFP) Nov 2, 2017
The military operation that left four US commandos dead in Niger was actually a mission to capture or kill a jihadist leader, not a routine reconnaissance patrol as asserted by the Pentagon, ABC News reported Thursday. The target of the October 3-4 overnight operation was a jihadist leader - known locally as Dandou - linked to the Islamic State and al-Qaeda, the network said, quoting senio ... more
Abidjan (AFP) Oct 27, 2017
Death of soldiers highlights US military presence in Niger
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
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Japan donating Beechcraft TC-90 aircraft to Philippines
Washington (UPI) Oct 27, 2017
Japan is donating five Beechcraft TC-90 training aircraft to the Philippines to help the country protect its coasts, the Nikkei Asian Review reported. Two of the aircraft are currently being leased by the Philippines while the remaining three aircraft were scheduled for lease. The newspaper quoted the Japanese ministry of defense as saying the donation will take effect in March o ... more
Washington (UPI) Oct 29, 2017
L3 to provide enhanced MUMT-X capability for Apache helicopters
New Delhi (AFP) Nov 1, 2017
India clears $3.2 billion purchase of naval choppers
Washington (UPI) Oct 24, 2017
U.S., Australian aircraft to receive electronic warfare upgrades
Hong Kong skyscraper sold for record $5.15 bn
Hong Kong (AFP) Nov 1, 2017
A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed Wednesday, indicating the city's booming property sector shows no sign of slowing down. The rumoured sale of The Center, the city's fifth-tallest building, was first reported last month. Li's CK Asset Holdings confirmed in a statement to the Hong K ... 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
As China aims for 'world-class army', Asia starts to worry
Beijing (AFP) Nov 1, 2017
Chinese President Xi Jinping's pledge to build a "world-class army" by 2050 is making his neighbours nervous, but analysts say Beijing's military ambitions do not constitute a strategic threat - for now. With purchases and construction of fighter jets, ships and hi-tech weaponry, China's military budget has grown steadily for 30 years, but remains three times smaller than that of the United ... more
Washington (AFP) Nov 2, 2017
Trump readies for high-stakes Asia trip
Tokyo (AFP) Nov 1, 2017
Japan PM Abe begins new term with vow to increase North Korea pressure
Beijing (AFP) Oct 30, 2017
China crowns Xi with name once reserved for Mao Zedong
Daily Newsletters - Space - Military - Environment - Energy
Survival of coral reefs depends on pollution cuts: study
Miami (AFP) Nov 1, 2017
Some corals may naturally adapt to climate change, but their ability to survive could be outpaced by global warming unless cuts are made to greenhouse gas emissions, researchers said Wednesday. Coral reefs carry an annual global economic value of $375 billion per year because they provide shelter for fish and marine life, protect shorelines and draw tourism to coastal areas. But climate ... more
Karlsruher, Germany (SPX) Oct 31, 2017
Dynamic catalytic converters for clean air in the city
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
New SOFT e-textiles could offer advanced protection for soldiers and emergency personnel
Hanover NH (SPX) Nov 02, 2017
New technology that harnesses electronic signals in a smart fabric could lead to advanced hazardous-material gear that protects against toxic chemicals, according to research from Dartmouth College. The advancement could have big implications for the military, emergency service personnel and other workers that rely on "haz-mat" protection to perform their work and keep others safe. I ... more
McLean VA (SPX) Oct 31, 2017
SATCOM and Disaster Recovery Plans Withstand Irma
New York (AFP) Oct 31, 2017
Displaced Puerto Ricans find refuge in New York
Paris (AFP) Oct 30, 2017
$129 bn in extreme weather losses last year: climate report
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