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Oil News and Gas News
November 16, 2017
OIL AND GAS
Fossil fuel investment spells 'unsustainable future': UN chief



Bonn (AFP) Nov 15, 2017
Continued investment in fossil fuel would deliver "an unsustainable future", UN chief Antonio Guterres warned Wednesday, saying time was running out to prevent calamitous climate change caused by atmosphere-fouling emissions. Sinking more money into coal, oil and gas does not make financial sense, and markets must be "re-oriented away from the counter-productive," he told UN climate envoys in Bonn. "In 2016, an estimated $825 billion (697 billion euros) were invested in fossil fuels and high-emi ... read more

OIL AND GAS
Venezuela in 'selective default', signs debt deal with Russia
Moscow (AFP) Nov 15, 2017
Venezuela signed a debt restructuring deal with major creditor Russia on Wednesday, a diplomatic source told AFP, as ratings agencies declared Caracas in partial default. ... more
OIL AND GAS
Asia stocks down as plunging oil prices hammer energy firms
Hong Kong (AFP) Nov 15, 2017
Asian energy firms extended a global sell-off Wednesday, dragging regional equity markets, as oil prices continued to tumble on the back of warnings of slowing demand and rising stockpiles. ... more
OIL AND GAS
Oil prices move lower in Russian fence-sitting
Washington (UPI) Nov 15, 2017
Emerging doubts about the durability of the OPEC-led effort to balance the market and questions on demand sent crude oil prices lower early Wednesday. ... more
OIL AND GAS
Iran reports strong gains in tax revenue from oil sales
Washington (UPI) Nov 15, 2017
Tax revenue generated from the sale of crude oil and oil products increased more than 80 percent from last year, the Central Bank of Iran reported Wednesday. ... more
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The Humans to Mars Summit 2018 - George Washington University - Washington May 8-10, 2018
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The Last Free American Board Game
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
Production for Russian oil producer up 5 percent
Washington (UPI) Nov 15, 2017
Russian oil producer Gazprom Neft said its net profit over the first nine months was up more than 25 percent, while output increased about 5 percent. ... more
OIL AND GAS
U.S. sees LNG as a way to contain Russia
Washington (UPI) Nov 15, 2017
A national defense measure passed in the U.S. House of Representatives aims to promote energy trade in Europe as a means to contain Russia. ... more
OIL AND GAS
Spain awarded 1.6 bln euros over Prestige oil spill
Madrid (AFP) Nov 15, 2017
A court awarded the Spanish state 1.6 billion euros ($1.9 billion) in damages on Wednesday over the 2002 Prestige oil spill, one of Europe's worst environmental disasters. ... more
OIL AND GAS
BP learning to do more with less
Washington (UPI) Nov 15, 2017
British energy company BP said it's learning to do more with less, noting spending is moving lower even with plans to add more barrels to production by 2020. ... more
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. ... 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
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



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
End tax credits for wind energy, Tennessee Republican says
Washington (UPI) Nov 15, 2017
It's wasteful to keep offering production tax credits to a "mature technology" like wind energy in the United States, a Tennessee Republican said. U.S. Sen. Lamar Alexander, R-Tenn., spoke on the floor in support of ending a wind production tax credit by the end of the year as part of a broader tax overhaul under consideration in the nation's capital. "We have turned our attentio ... more
Washington (UPI) Oct 26, 2017
New York sets high bar for wind energy
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
A fast reactor system to shorten the lifetime of long-lived fission products
Tokyo, Japan (SPX) Nov 15, 2017
A team of scientists at Tokyo Institute of Technology (Tokyo Tech) working in collaboration with Tohoku University, Tokyo City University and the Japan Atomic Energy Agency has proposed a novel approach to tackle the problem of radioactive waste disposal. The new method, published in Scientific Reports, could dramatically reduce the effective half-life (an indicator of the amount of time i ... more
Paris (AFP) Nov 7, 2017
France backtracks on nuclear power reduction target
Charlotte NC (SPX) Nov 13, 2017
AREVA NP introduces FORERUNNER robot to optimize steam generator inspections
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 15, 2017
Merkel, Macron to front diplomatic push at UN climate talks
Potsdam, Germany (SPX) Nov 14, 2017
Cooling in high and mid-latitudes led to aridification in Northern Africa
Bonn (AFP) Nov 15, 2017
World leaders plead for climate action at UN forum
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
Seoul (AFP) Nov 15, 2017
N. Korea defector in serious condition from gunshot wounds
United Nations, United States (AFP) Nov 14, 2017
UN condemns N. Korea for firing missiles as people starve
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 15, 2017
China tells 'aunties' to dance away from cemeteries
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
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
Blacksburg VA (SPX) Nov 16, 2017
Virginia Tech explore causes of land cover change in African savannas
Harare (AFP) Nov 15, 2017
Army takes over Zimbabwe: What we know
International SMR and Advanced Reactor Summit 2018 - March 27-28 - Atlanta USA
Bell-Boeing to provide V-22 support to Japan
Washington (UPI) Nov 16, 2017
Bell-Boeing JPO has been contracted for "field representative and logistic support services" to support the V-22 aircraft for the government of Japan. The deal, announced Monday by the Department of Defense, is worth just over $10 million and is classified as a cost-plus-fixed-fee contract, meaning Bell-Boeing will receive additional cost reimbursement based on a previously negotiated f ... 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'
Washington (UPI) Nov 16, 2017
Navy contracts with Bell Helicopter for two AH-1Z Vipers
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
Strasbourg, France (AFP) Nov 15, 2017
EU parliament toughens law to limit cheap Chinese imports
Paris (AFP) Nov 13, 2017
Watchdog warns of 'high risk' digital currency offers
Seoul (AFP) Nov 14, 2017
IMF raises 2017 growth outlook for South Korea
China's Silk Road revival hits the buffers
Singapore (AFP) Nov 12, 2017
From a stalled Indonesian rail project to an insurgency-threatened economic corridor in Pakistan, China's push to revive Silk Road trade routes is running into problems that risk tarnishing the economic crown jewel of Xi Jinping's presidency. The "One Belt, One Road" initiative, unveiled by Xi in 2013, envisages linking China with Africa, Asia and Europe through a network of ports, railways, ... more
Manila (AFP) Nov 14, 2017
Trump says Philippines vital for military reasons
Manila (AFP) Nov 15, 2017
Duterte says Philippines owes China 'debt of gratitude'
Hanoi (AFP) Nov 13, 2017
Vietnam and China agree to avoid conflicts in S. China Sea
Daily Newsletters - Space - Military - Environment - Energy
Small cities choke as India remains callous to rising bad air
Moradabad, India (AFP) Nov 15, 2017
In the northern Indian city of Moradabad fumes from burning electronic waste blend with seasonal smog to create an even deadlier mix of pollutants than in Delhi, where filthy air has caused public outcry and made global headlines. India's smog crisis has centred on the capital but pollution is as bad or worse beyond its borders, with millions in smaller cities like Moradabad barely aware of ... more
New Delhi (AFP) Nov 13, 2017
Parents angry as Delhi schools reopen despite smog
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
Dimming Sun's rays to cool planet will affect storms too: study
Bonn (AFP) Nov 14, 2017
Injecting billions of reflective particles into the stratosphere could help cool an overheating planet, but would also alter the intensity of tropical storms, researchers said Tuesday. Depending on the hemisphere in which such aerosols are released, hurricanes in the North Atlantic would become weaker or stronger, they reported in Nature Communications. Moreover, efforts to engineer lo ... more
Miami (AFP) Nov 13, 2017
15,000 scientists say threats to planet now 'far worse'
Sar-E Pol-E Zahab, Iran (AFP) Nov 14, 2017
Iran scrambles to aid victims of killer quake
New York (AFP) Nov 14, 2017
Sandy Hook families renew legal push against gun maker
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