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Oil News and Gas News
November 15, 2017
OIL AND GAS
Don't buy the tight-market hype, IEA says



Washington (UPI) Nov 14, 2017
Unless OPEC agrees to cut more production, output from non-member states will leave the market in surplus and limit the rally in oil prices, the IEA said. Some ministers for the Organization of Petroleum Exporting Countries said an extension of an agreement that sidelines about 2 percent of the total global demand for oil in an effort to balance the market was necessary next year. Saudi Crown Prince Mohammed bin Salman said in October that the deal was working and demand was moving close ... read more

OIL AND GAS
China downplays Venezuela debt risks
Beijing (AFP) Nov 14, 2017
China said Tuesday that cooperation with Venezuela on its massive loans was "proceeding smoothly", voicing confidence that Caracas can handle its debt problems even as the South American country descended towards selective default. ... more
OIL AND GAS
Russia's Rosneft pays Iraqi Kurdistan $1.3 bn advance
Moscow (AFP) Nov 14, 2017
Russian oil giant Rosneft said Tuesday it had paid authorities in Iraqi Kurdistan an advance of $1.3 billion as part of production sharing deals that have angered Baghdad. ... more
OIL AND GAS
Oil prices drift lower on future production expectations
Washington (UPI) Nov 14, 2017
Crude oil prices drifted further away from recent highs Tuesday following a forecast for non-OPEC production growth that outpaces demand next year. ... more
OIL AND GAS
Gas prices unseasonably high, but relief coming
Washington (UPI) Nov 14, 2017
Retail gasoline prices continue to put a strain on consumer pocket books late in the season, though relief is around the corner, a market report found. ... more
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The Humans to Mars Summit 2018 - George Washington University - Washington May 8-10, 2018
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International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
The Last Free American Board Game
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OIL AND GAS
Moody's: Noble Group could be broke in a year
Washington (UPI) Nov 14, 2017
Weak quarterly results suggest commodity trader Noble Group may go broke within the next year even as it sells off its assets, Moody's Investors Service said. ... more
OIL AND GAS
Environmentalists take Norway to court over Arctic drilling
Oslo (AFP) Nov 14, 2017
Representatives for Norway, western Europe's biggest oil producer, appeared in an Oslo court on Tuesday after environmental groups including Greenpeace brought a case over drilling in the Arctic. ... more
OIL AND GAS
Eni to examine underexplored oil and gas potential offshore Oman
Washington (UPI) Nov 14, 2017
Italian energy company Eni said Tuesday it signed an agreement to look at the potential for oil and gas in an underexplored area off the coast of Oman. ... more
OIL AND GAS
Michigan incensed over Enbridge pipeline integrity
Washington (UPI) Nov 14, 2017
Pipeline company Enbridge needs to disclose more information about the status of a Great Lakes networks after material issues were uncovered, Michigan said. ... more
OIL AND GAS
Emirati oil production could increase by 1 million bpd
Washington (UPI) Nov 14, 2017
Oil production from a field tapped from artificial islands off the Emirati coast could jump to 1 million barrels per day by 2024, partners said Tuesday. ... more
OIL AND GAS
Iraq targets 1 million bpd output for disputed Kirkuk oilfields
Kirkuk, Iraq (AFP) Nov 13, 2017
Iraq aims to double the output of oilfields in the northern province of Kirkuk retaken from the Kurds to one million barrels per day (bpd), Oil Minister Jabbar al-Luaybi said Monday. ... more


Statoil makes headway with Barents Sea field development

OIL AND GAS
Shell's divestment streak continues, shedding Woodside shares
Washington (UPI) Nov 12, 2017
Picking up from where it left off before stating it earnings, Royal Dutch Shell said it was taking $1.7 billion for the sale of a stake in Australia's Woodside. ... more
OIL AND GAS
Oil price response to OPEC report on demand muted
Washington (UPI) Nov 12, 2017
Crude oil prices were trading flat to slightly lower early Monday as traders looked to OPEC for signs of emerging trends, but held out for U.S. oil projections. ... more
OIL AND GAS
Norwegian oil production halted on safety violation
Washington (UPI) Nov 12, 2017
Oil production from the Goliat floating platform in the Barents Sea is closed down because of regulatory violations, a safety authority in Norway said. ... more
OIL AND GAS
Russian oil company eying Gulf of Mexico opportunities
Washington (UPI) Nov 12, 2017
Russian oil producer Lukoil said Monday it was vetting the possibility of teaming up with a Mexican company for work in the Gulf of Mexico. ... more



To find new biofuel enzymes, it can take a microbial village
Berkeley CA (SPX) Nov 15, 2017
A new study led by researchers at the Department of Energy's Joint BioEnergy Institute (JBEI), based at Lawrence Berkeley National Laboratory (Berkeley Lab), demonstrates the importance of microbial communities as a source of stable enzymes that could be used to convert plants to biofuels. The study, recently published in the journal Nature Microbiology, reports on the discovery of new typ ... more
Livermore CA (SPX) Nov 13, 2017
Sandia speeds transformation of biofuel waste into wealth
Indianapolis IN (SPX) Nov 06, 2017
Study identifies additional hurdle to widespread planting of bioenergy crops
Philadelphia PA (SPX) Nov 06, 2017
Penn researchers mimic giant clams to enhance the production of biofuel
China Saves the World, and America Too by Going Off-The-Grid
Wuxi, China (SPX) Nov 13, 2017
"People demand a beautiful life," was the opening statement of Mr. Wu Xingiong, Deputy Director of the Economic Committee of CPPCC. He is 100% right. The people of mother earth have spoken and the ancient middle kingdom of China woke. And not the I just got out of bed woke, but a full steam ahead mentality to cure the planet. A German colleague told me many years ago that China will cover ... more
Chefchaouen, Morocco (AFP) Nov 14, 2017
In Morocco, a blue tourist town is turning green
Tempe AZ (SPX) Nov 15, 2017
Learning from photosynthesis
Paris (AFP) Nov 14, 2017
Sunny future for renewables thanks to China: IEA
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
AREVA NP introduces FORERUNNER robot to optimize steam generator inspections
Charlotte NC (SPX) Nov 13, 2017
AREVA NP has announced the latest addition to the company's next generation of inspection robots - FORERUNNER for steam generators, which is developed and manufactured by INETEC-Institute for Nuclear Technology. Its size and design will minimize installation and inspection times by providing improved access to the steam generator tubes for inspection and repair as required. AREVA NP plans ... more
Tokyo, Japan (SPX) Nov 15, 2017
A fast reactor system to shorten the lifetime of long-lived fission products
Paris (AFP) Nov 7, 2017
France backtracks on nuclear power reduction target
Hanover NH (SPX) Nov 08, 2017
Nuclear energy programs may not increase likelihood of proliferation
Artificially cooling planet 'risky strategy,' new research shows
Exeter UK (SPX) Nov 15, 2017
Proposals to reduce the effects of global warming by imitating volcanic eruptions could have a devastating effect on global regions prone to either tumultuous storms or prolonged drought, new research has shown. Geoengineering - the intentional manipulation of the climate to counter the effect of global warming by injecting aerosols artificially into the atmosphere - has been mooted as a p ... more
Bonn (AFP) Nov 14, 2017
Scientists warn of 'giant leap backward' at climate talks
Berlin (AFP) Nov 14, 2017
Heat on 'climate chancellor' Merkel over coal and cars
Bonn (AFP) Nov 11, 2017
Climate target too low and progress too slow: top scientist
Lyft takes Uber challenge north to Canada
San Francisco (AFP) Nov 13, 2017
US ride-sharing startup Lyft said Monday it is launching next month in Toronto, the first city in what is expected to be an international expansion for the Uber rival. "Our passports are packed and we're crossing the border. Before you know it, Lyft will be coming to you live in Toronto," a blog from the California company said announcing its plans for the Canadian city. "We've been look ... more
Washington (UPI) Oct 11, 2017
Vehicle emissions per driver on the rise, study finds
Washington (UPI) Oct 11, 2017
EV corridor will stretch from Norway to Italy
Detroit (AFP) Nov 10, 2017
Auto workers at Chinese-owned US plant reject bid to unionize
The Last Free American Board Game
Tribal justice awaits returning Iraqis who joined IS
Al-Obeidi, Irak (AFP) Nov 13, 2017
In the unforgiving deserts of Iraq, there is just one way to deal with defeated members of the Islamic State group who try to come home - tribal justice. No pardons are possible among tribes which have agreed among themselves to treat with the utmost severity those members who became jihadists. As for the families of IS members, many have already fled, fearing reprisals. The former ... more
Baghdad (AFP) Nov 11, 2017
Iraq forces launch assault on last IS-held pocket
Beirut (AFP) Nov 11, 2017
IS recaptures last Syrian urban bastion in fierce fightback
Karbala, Iraq (AFP) Nov 10, 2017
Millions mark key Shiite commemoration in Iraq holy city
Three US carriers lead naval drill aimed at N. Korea
Seoul (AFP) Nov 11, 2017
Three US aircraft carriers, accompanied by South Korean warships, launched a joint naval drill Saturday in a fresh show of force aimed at North Korea, whose nuclear ambitions have dominated US President Donald Trump's ongoing tour of Asia. The four-day exercise in the western Pacific involves three flattops - USS Ronald Reagan, USS Nimitz and USS Theodore Roosevelt - and seven South Korean ... more
Washington (AFP) Nov 14, 2017
Senate panel debates US president's nuclear authority
United Nations, United States (AFP) Nov 14, 2017
UN condemns N. Korea for firing missiles as people starve
United Nations, United States (AFP) Nov 13, 2017
North Korea at UN warns US carriers are fueling tensions
Activists renew push for Hong Kong independence
Hong Kong (AFP) Nov 14, 2017
Hong Kong independence activists stepped up their campaign at schools Tuesday, with the semi-autonomous city increasingly divided over signs of Beijing's growing influence. Demonstrators handed out thousands of leaflets bearing the message "only independence can defend Hong Kong and protect its people" at about a dozen campuses. Chinese President Xi Jinping warned on a visit in July any ... more
Beijing (AFP) Nov 10, 2017
Trump praises China's 'highly respected' Xi
Phuket, Thailand (AFP) Nov 10, 2017
Gay Chinese tourists flock to Thailand for fun, acceptance
Beijing (AFP) Nov 8, 2017
Chinese dissident writer dies on medical parole
African leaders urge support for new security doctrine
Dakar (AFP) Nov 13, 2017
African leaders on Monday used a regional forum to underline the need for the continent to assure its own security after years of Western interventions, while also calling for international funding to support the anti-terror fight.. The annual Dakar International Forum on Peace and Security this year brings together the presidents of Mali, Rwanda and host Senegal along with military official ... more
Dakar (AFP) Nov 15, 2017
UN peacekeeping missions under pressure to reform in Africa
Washington (AFP) Nov 12, 2017
US investigators return to scene of Niger ambush
Davis CA (SPX) Nov 10, 2017
Dozens of new wildlife corridors identified for African mammals
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Lockheed awarded contract for integration of F-35, SDB-II
Washington (UPI) Oct 11, 2017
Pentagon officials announced Thursday that Lockheed Martin Aeronautics has been awarded a contract for weapons technology and development support on the F-35 Lightning II joint strike fighter and small-diameter bomb II for the U.S. Marine Corps and Air Force. The deal is estimated to be worth more than $34.6 million and is classified as a cost-plus-fixed-fee contract - where Lockheed M ... more
Washington (UPI) Nov 12, 2017
Norway receives first three F-35s from Lockheed Martin
Washington (UPI) Oct 11, 2017
Air Force pilot shortage has grown, is 'stretching the force to the limit'
Moffett Field CA (SPX) Nov 14, 2017
NASA Embraces Urban Air Mobility, Calls for Market Study
Trump says trade surplus unfair, adds 'I don't blame China'
Beijing (AFP) Nov 9, 2017
US President Donald Trump decried his country's "one-sided and unfair" trade deficit with Beijing on Thursday, but he told Chinese President Xi Jinping: "I don't blame China." At a signing ceremony for over $250 billion in US-Chinese business deals in Beijing, Trump said: "After all, who can blame a country for being able to take advantage of another country for the sake of its citizens?" ... more
Beijing (AFP) Nov 9, 2017
Trump's $250bn China deals are small beer: analysts
Paris (AFP) Nov 13, 2017
Watchdog warns of 'high risk' digital currency offers
Beijing (AFP) Nov 9, 2017
China's consumer price inflation accelerates in October
EU to ease military movement in face of Russia threat
Brussels (AFP) Nov 10, 2017
The European Union on Friday unveiled plans to make it easier to move troops and military equipment around the bloc, in a bid to boost defence in the face of the growing threat posed by Russia. EU officials will look to streamline customs checks that are currently causing delays as well as reviewing infrastructure plans to make sure that roads, bridges and railways are able to carry heavy mi ... more
Danang, Vietnam (AFP) Nov 10, 2017
Philippines' Duterte thanks Putin for weapons aid
Manila (AFP) Nov 14, 2017
Trump says Philippines vital for military reasons
Brussels (AFP) Nov 13, 2017
EU takes step towards closer defence cooperation
Daily Newsletters - Space - Military - Environment - Energy
Parents angry as Delhi schools reopen despite smog
New Delhi (AFP) Nov 13, 2017
Angry parents accused Delhi authorities on Monday of "playing with children's health" as schools reopened despite a fresh surge in pollution to emergency levels. Doctors declared a public health emergency last week when choking smog descended on the capital and elsewhere in northern India, prompting authorities to close schools, ban construction and bar trucks from entering the city. On ... more
New Delhi (AFP) Nov 14, 2017
'Don't panic' says Indian minister as smog crisis deepens
College Park MD (SPX) Nov 14, 2017
China's sulfur dioxide emissions fell sharply while India's grew rapidly
Beijing (AFP) Nov 14, 2017
China factory output slows as government cracks down on pollution
15,000 scientists say threats to planet now 'far worse'
Miami (AFP) Nov 13, 2017
Twenty-five years after global scientists issued a "warning to humanity" about dangers to the environment, a new update released Monday says most of the planet's problems are getting "far worse." More than 15,000 global scientists from 184 countries signed on to the letter, called the "World Scientists' Warning to Humanity: A Second Notice," published in the journal BioScience. The initi ... more
Sar-E Pol-E Zahab, Iran (AFP) Nov 14, 2017
Iran scrambles to aid victims of killer quake
Bonn (AFP) Nov 13, 2017
Climate change imperils one in four UNESCO natural sites
Berlin (AFP) Nov 10, 2017
Allianz confident for 2017 after hurricane-battered Q3
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