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Oil News and Gas News
November 17, 2017
OIL AND GAS
Norway's oil fund wants to divest from oil



Oslo (AFP) Nov 16, 2017
Norway's sovereign wealth fund, which is fuelled by the state's oil revenues, wants to divest its oil and gas holdings, the Norwegian central bank which manages the fund said Thursday. In a letter to the government, the bank said that if the world's largest sovereign wealth fund - commonly referred to as the "oil fund" - were to divest its oil and gas shares, Norway would be less vulnerable to a lasting decline in oil prices. The Scandinavian country is western Europe's biggest oil and gas pro ... read more

OIL AND GAS
Alaska tries again with ANWR drilling
Washington (UPI) Nov 16, 2017
Opening up an Arctic wildlife refuge to drillers is either a sellout to the oil industry, or a symbolic win for the economy, depending on one's position. ... more
OIL AND GAS
Production enthusiasm drags oil prices lower
Washington (UPI) Nov 16, 2017
The potential for more oil production from several basins, and a call from Norway's central bank to divest from energy stocks, pulled oil prices lower Thursday. ... more
OIL AND GAS
High U.S. oil exports the new normal under right conditions
Washington (UPI) Nov 16, 2017
The sale of oil from the Bakken shale basin in North Dakota is in fact a "new reality," so long as market conditions are right, an analyst said. ... more
OIL AND GAS
Shale-rich Oklahoma facing uphill budget battle
Washington (UPI) Nov 16, 2017
Oklahoma Gov. Mary Fallin said she'd rather vote again on a previous plan to close a budget gap over what passed out of the state House for the shale-rich state. ... more
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OIL AND GAS
New oil production from Norway cleared ahead of schedule
Washington (UPI) Nov 16, 2017
Oil production from the Maria field in the Norwegian Sea will start nearly a year ahead of schedule and at a reduced cost, a national regulator said Thursday. ... more
OIL AND GAS
New oil expected from North Sea by December
Washington (UPI) Nov 16, 2017
New oil production is on pace to start in December from a floating production facility off the east coast of Scotland, Premiere Oil said Thursday. ... more
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. ... 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
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 prices move lower in Russian fence-sitting

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
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



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
Washington DC (SPX) Nov 17, 2017
Desert solar to fuel centuries of air travel
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
Learning from photosynthesis
Tempe AZ (SPX) Nov 15, 2017
The green sulfur bacterium makes its home in the chilly waters of the Black Sea. To eek out its lonely existence, this life form scavenges energy from the feeble sunlight available to it at a depth of over 250 feet. Plants perform the same remarkable trick, gathering radiant energy from the sun and converting it to biological energy essential for growth. This process - perfected over billi ... more
Guelph, Canada (SPX) Nov 17, 2017
Recurrent Energy secures debt financing for 20 MW California solar project
Paris (AFP) Nov 14, 2017
Sunny future for renewables thanks to China: IEA
Karlsruher, Germany (SPX) Nov 15, 2017
Butterfly wing inspires photovoltaics that could triple light absorption
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
World leaders plead for climate action at UN forum
Bonn (AFP) Nov 16, 2017
Climate envoy slams rejection of Paris deal; WH says US will cut on own terms
Bonn (AFP) Nov 15, 2017
Merkel, Macron to front diplomatic push at UN climate talks
Volkswagen China to invest billions in new energy cars
Beijing (AFP) Nov 16, 2017
Volkswagen will invest more than 10 billion euros ($12 billion) along with its partners in China to build new energy vehicles in the country, the company said on Thursday. Volkswagen is also establishing a new joint venture with state-owned JAC Motors to make electric vehicles, with an aim to get the first electric car to market by next year, the company said in a press release on the eve of ... more
San Francisco (AFP) Nov 13, 2017
Lyft takes Uber challenge north to Canada
Hawthorne, United States (AFP) Nov 17, 2017
Tesla unveils its all-electric semi truck
Shanghai (AFP) Nov 15, 2017
Horrific highway pile-up kills 18 in China
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
Japan, US stage naval drill amid N. Korea tension
Tokyo (AFP) Nov 16, 2017
Japan and the United States launched a joint naval drill Thursday in a show of force aimed at North Korea, whose nuclear ambitions dominated US President Donald Trump's recent Asia trip. The 10-day exercise, joined by some 14,000 US servicemen, aircraft carrier USS Ronald Reagan and the guided-missile destroyers USS Stethem, USS Chafee and USS Mustin, among others, "will take place in waters ... more
Washington (AFP) Nov 14, 2017
Senate panel debates US president's nuclear authority
Seoul (AFP) Nov 16, 2017
North Korean soldier stable, but riddled with parasites
Singapore (AFP) Nov 16, 2017
Singapore suspends trade ties with North Korea
China tells 'aunties' to dance away from cemeteries
Beijing (AFP) Nov 15, 2017
China's most ubiquitous public performers - lively groups of primarily elderly women who show off their moves in outdoor squares - have been ordered to avoid dancing on graves and spreading superstitious beliefs. The dancers are known to blare old-school music from portable speakers, often taking over entire blocks in vibrant matching outfits. In a set of guidelines released Monday, th ... more
Hong Kong (AFP) Nov 14, 2017
Activists renew push for Hong Kong independence
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
Virginia Tech explore causes of land cover change in African savannas
Blacksburg VA (SPX) Nov 16, 2017
A new study by Virginia Tech researchers tracks land cover changes in the Chobe district of Northern Botswana and provides information that will allow governments and nonprofit organizations to improve dryland management strategies in the region. The study was published in Arid Land Systems: Science and Societies, a special issue of the journal Land. "There is an incredibly dynamic a ... more
Saint Louis, Senegal (AFP) Nov 16, 2017
Climate change and neglect threaten Senegal's Saint Louis
Harare (AFP) Nov 15, 2017
Army takes over Zimbabwe: What we know
Kinshasa (AFP) Nov 15, 2017
Amnesty warns companies on child labour in DRCongo cobalt mining
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 16, 2017
Navy contracts with Bell Helicopter for two AH-1Z Vipers
Washington (UPI) Nov 15, 2017
British-built Hawk training jets to be maintained by BAE
Moffett Field CA (SPX) Nov 14, 2017
NASA Embraces Urban Air Mobility, Calls for Market Study
China imposes new rules on bank policy to curb risks
Beijing (AFP) Nov 16, 2017
China has set new rules to curb risks at its policy banks, stepping up oversight of the country's financial system as Beijing looks to avert a feared debt crisis in the world's number two economy. For the first time, the China Banking Regulatory Commission (CBRC) will impose specific rules designed in part to reduce financial risk at three banks tasked with funding Beijing's pet projects and ... 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
Washington (AFP) Nov 16, 2017
US industrial output rises as hurricane hit reverses
Trump says Philippines vital for military reasons
Manila (AFP) Nov 14, 2017
Donald Trump said Tuesday strong US ties with the Philippines were vital for military reasons, as he ended a trip to Manila in which he ignored allegations of mass murder under Rodrigo Duterte. The US president said he had repaired relations with the Philippines, which soured last year when the administration of former president Barack Obama criticised Duterte's drug war. "The (Philippin ... more
Manila (AFP) Nov 15, 2017
Duterte says Philippines owes China 'debt of gratitude'
Manila (AFP) Nov 14, 2017
Trump hails 'fantasic job' on Asia tour, but ends it abruptly
Washington (AFP) Nov 14, 2017
US attorney general slams 'epidemic' of leaks to media
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 17, 2017
Delhi half-marathon to go ahead despite smog, court rules
Paris (AFP) Nov 16, 2017
Interactive map shows air quality in real time across Europe
College Park MD (SPX) Nov 17, 2017
Sulfur dioxide emissions plunge across China as India's soars
Network Innovations Delivers Hurricane Relief Via Satellite
McLean, VA (SPX) Nov 17, 2017
The recent hurricanes that hit Florida, Texas and Puerto Rico once again spotlighted the frailty of terrestrial communications services. Hurricane-force winds in the Florida Keys and Houston brought trees down on utility lines carrying telephone and Internet service and knocked out cell phone towers, while Hurricane Maria completely destroyed the terrestrial communications infrastructure of Puer ... more
Bonn (AFP) Nov 14, 2017
Dimming Sun's rays to cool planet will affect storms too: study
United Nations, United States (AFP) Nov 16, 2017
UN urges end to Myanmar attacks against Rohingya
Miami (AFP) Nov 13, 2017
15,000 scientists say threats to planet now 'far worse'
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