Oil News and Gas News
September 25, 2018
OIL AND GAS
OPEC won't react to Trump's threats, pushing Brent crude oil prices higher



Washington (UPI) Sep 24, 2018
OPEC, Russia and other countries ignored U.S. calls to increase crude oil production, sparking a Monday rally that saw Brent futures soar past the $80 mark. Brent futures were trading at $80.48 a barrel at noon Monday, up $2.24. That's the highest price for Brent since it touched $80 a barrel briefly in May. The last time prices were sustained at that level was 2014. "This is the oil market's response to the 'OPEC+' group's refusal to step up its oil production," analysts at Commerzbank ... read more

OIL AND GAS
EU announces legal entity to maintain business with Iran
United Nations, United States (AFP) Sept 25, 2018
The European Union said Monday its members would set up a payment system to allow oil companies and businesses to continue trading with Iran in a bid to evade sanctions after the US withdrew from a nuclear agreement. ... more
OIL AND GAS
Canada regulator to reconsider Trans Mountain pipeline to Pacific
Ottawa (AFP) Sept 21, 2018
The Canadian government on Friday ordered a new review of the Trans Mountain pipeline to the Pacific taking into account the impact of increased tanker traffic on endangered killer whales along the coast. ... more
OIL AND GAS
Saudis face delicate balancing act at OPEC meeting
Washington (UPI) Sep 21, 2018
Saudi Arabian leaders find themselves in a tough spot going into meetings with OPEC, Russia and other top oil producers in Algiers this weekend. ... more
OIL AND GAS
France fountains protest against Total's Brazil oil project
Paris (AFP) Sept 22, 2018
Fountains were tinted black in several French towns Saturday during protests against plans by oil giant Total to drill near a coral reef at the mouth of the Amazon. ... more


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OIL AND GAS
2 pilots killed in Sudan military jet crash: army
Khartoum (AFP) Sept 21, 2018
A Sudanese military jet has crashed near the city of Omdurman, killing the two pilots on board, the army said on Friday, in the latest accident to hit its ageing fleet. ... more
OIL AND GAS
Stanford study highlights a path and price to coax emissions back into oil reservoirs
Stanford CA (SPX) Sep 21, 2018
In February 2018, Donald Trump signed into law new tax credits that reward oil companies for capturing carbon dioxide and preventing it from entering the atmosphere - either by burying the gas under ... more
OIL AND GAS
How slick water and black shale in fracking combine to produce radioactive waste
Hanover NH (SPX) Sep 21, 2018
September 18, 2018 - Radioactivity in fracking wastewater comes from the interaction between a chemical slurry and ancient shale during the hydraulic fracturing process, according to Dartmouth Colle ... more
OIL AND GAS
Trump blasts OPEC ahead of World Oil Outlook summit
Washington (UPI) Sep 20, 2018
Crude oil prices moved in opposite directions Thursday morning as Brent was trending down and WTI trending up, both for different reasons. ... more
OIL AND GAS
China anti-graft agency probes head of energy administration
Beijing (AFP) Sept 21, 2018
The head of China's energy administration has been placed under investigation by the country's anti-corruption watchdog, the latest top official ensnared in the Communist Party's campaign against graft. ... more
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OIL AND GAS
Cash, carbon, crude: How to make oil fields bury emissions
Stanford, Canada (SPX) Sep 20, 2018
In February 2018, Donald Trump signed into law new tax credits that reward oil companies for capturing carbon dioxide and preventing it from entering the atmosphere - either by burying the gas under ... more
OIL AND GAS
Gas prices steady after onslaught from Hurricane Florence
Washington (UPI) Sep 18, 2018
Hurricane Florence had little effect on gasoline prices because the storm didn't go near refineries or other energy infrastructure. The Carolinas and surrounding states also had an abundant supply of gasoline, analysts report, explaining the lack of a spike in prices. ... more
OIL AND GAS
Venezuela to bump China oil exports to one million barrels a day
Caracas (AFP) Sept 18, 2018
Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse. ... more
OIL AND GAS
U.S. official: Increase LNG exports to Europe to counter Russia
Washington (UPI) Sep 17, 2018
The United States needs to increase its natural gas exports to Europe to counter Russia's increasing energy dominance in the region, a top Trump administration official warned. ... more
OIL AND GAS
China temporarily spares U.S. oil imports from tariffs
Washington (UPI) Sep 19, 2018
U.S. crude oil exports have been temporarily spared from Chinese tariffs, giving state-run oil refineries a short window to import as much as possible. ... more


Permian shale producers hedging their bets against pipeline projects

OIL AND GAS
Venezuela's Maduro pays tribute to Mao, makes deals with China
Beijing (AFP) Sept 14, 2018
Venezuelan President Nicolas Maduro paid tribute to Mao Zedong at the late Chinese leader's mausoleum on Friday before overseeing energy and gold mining deals as he seeks Beijing's help to bolster his crisis-hit country's economy. ... more
OILGASDAILY



OIL AND GAS
OAS chief says should not rule out Venezuela 'military intervention'
Cucuta, Colombia (AFP) Sept 15, 2018
The head of the Organization of American States on Friday said "military intervention" to "overthrow" Nicolas Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis. ... more
OIL AND GAS
Hope, scepticism as warring South Sudan leaders sign peace deal
Addis Ababa (AFP) Sept 12, 2018
South Sudan's President Salva Kiir and rebel leader Riek Machar signed a much-anticipated peace deal on Wednesday, the latest attempt to end five years of a vicious civil war that's torn the world's youngest nation apart. ... more
OIL AND GAS
Evacuations for Florence may squeeze gas supplies, cause price spikes
Washington (UPI) Sep 13, 2018
The large-scale evacuations ahead of Hurricane Florence will cause local gasoline shortages and price spikes if tankers can't reach them fast enough, analysts say. But there are no concerns about refineries or other energy infrastructure like there was when Hurricane Harvey hit Houston last year. ... more
OIL AND GAS
US general urges Gulf Arab unity to counter Iran
Kuwait City (AFP) Sept 12, 2018
US Central Command chief General Joseph Votel urged feuding Gulf Arab states on Wednesday to put aside their differences and unite against Iranian efforts to "destabilise" the region. ... more
OIL AND GAS
Weariness and low expectations greet latest S.Sudan deal
Juba (AFP) Sept 13, 2018
Scepticism and war-weariness on Thursday greeted the latest South Sudan peace deal between the president and main rebel leader aimed at ending a dragging conflict which has killed tens of thousands, displaced millions and triggered a regional refugee crisis. ... more
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After 150 years, a breakthrough in understanding the conversion of CO2 to electrofuels
New York NY (SPX) Sep 21, 2018
Scientists have long sought ways to convert abundant CO2 to useful products such as chemicals and fuel. As early as in 1869, they were able to electrocatalytically convert CO2 to formic acid. Over the past two decades, the rise of CO2 in the Earth's atmosphere has significantly accelerated research in CO2 conversion using renewable energy resources, including solar, wind, and tidal. Because thes ... more
+ New method more than doubles sugar production from plants
+ WELTEC BIOPOWER at the EnergyDecentral
+ A protective shield for sensitive enzymes in biofuel cells
+ Barriers and opportunities in renewable biofuels production
+ Europe's renewable energy initiative is bad news for forest health, scientists argue
+ Methane to syngas catalyst: two for the price of one
+ Biodegradable plastic blends offer new options for disposal
Origami inspires highly efficient solar steam generator
Washington DC (SPX) Sep 21, 2018
Water covers most of the globe, yet many regions still suffer from a lack of clean drinking water. If scientists could efficiently and sustainably turn seawater into clean water, a looming global water crisis might be averted. Now, inspired by origami, the Japanese art of paper folding, researchers have devised a solar steam generator that approaches 100 percent efficiency for the producti ... more
+ Ivory Coast looks to solar vehicles to replace bush taxis
+ Lego-style solar panels to smash energy bills
+ SunShare secures $11M in construction and term financing
+ California commits to 100% clean electricity by 2045
+ Golden sandwich could make the world more sustainable
+ Power grid automating as wind, solar and global electrification drive market
+ Researchers use silicon nanoparticles for enhancing solar cells efficiency


Wind Power: It is all about the distribution
Freiburg, Germany (SPX) Sep 06, 2018
Wind power is an important pillar in Germany's energy policy turnaround: According to the German government, the resource should cover 65 percent of German electricity needs by 2030, along with solar, hydropower and biomass. In a recent study, Dr. Christopher Jung and Dr. Dirk Schindler from the University of Freiburg show that it will be possible to cover 40 percent of the current electricity c ... more
+ Big wind, solar farms could boost rain in Sahara
+ DNV GL supports creation of China's first HVDC offshore wind substation
+ China pushes wind energy efforts further offshore
+ Iran opens 61 MW wind farm in Qazvin province
+ Wind energy prices at all-time lows as wind turbines grow larger
+ Denmark gets nod for renewable energy support scheme
+ Searching for wind for the future
Framatome and Entergy sign contract for accident tolerant fuel coated cladding delivery to ANO
Paris, France (SPX) Sep 21, 2018
Framatome signed a contract with Entergy to deliver and insert lead use fuel rods that utilize chromium-coated rods into Unit 1 at Arkansas Nuclear One (ANO). Chromium coating is a feature of the accident tolerant fuel design that Framatome has been developing for several years as a part of the Department of Energy's (DOE) Enhanced Accident Tolerant Fuel (EATF) program. This work also buil ... more
+ US Nuclear Lab Building Micro-Reactor That Can Power an Army Brigade
+ Nuclear energy may see role wane, UN agency says
+ MIT Energy Initiative study reports on the future of nuclear energy
+ Austria to appeal EU court ruling on UK nuclear plant
+ S.Africa drops Zuma's nuclear expansion dreams
+ Experts voice safety concerns about new pebble-bed nuclear reactors
+ Framatome supports its customers with a solution to increase plant efficiency
Daily Newsletters - Space - Military - Environment - Energy

Carbon taxes necessary in climate fight: World Bank chief
Montreal (AFP) Sept 19, 2018
Fighting global warming will necessarily require taxing carbon emissions, or setting a price on carbon pollution, the World Bank's chief executive said Wednesday at a G7 environment meeting in Canada. "We believe very strongly that we can send an economic signal by introducing a shadow price for carbon," Kristalina Georgieva told AFP, referring to a method of calculating a price per tonne of ... more
+ Leaders back climate change urgency in New York
+ Tropics are widening as predicted by climate models, research finds
+ Buried pine trees offer clues on ancient climate change in the Mediterranean
+ Beavers have an impact on the climate
+ Optimism trumps despair at climate summit
+ Aiming for zero: cities, companies ramp up climate goals
+ Global warming: Worrying lessons from the past
Drivers for Uber, Lyft see incomes fall as participation jumps
San Francisco (AFP) Sept 24, 2018
Drivers for Uber, Lyft and other US ridesharing services have seen their incomes fall by half in recent years as more people get behind the wheel, according to a study released Monday. The report by US banking giant JPMorgan Chase, based on deposits received by the bank, offers a sobering note on the so-called platform or "gig" economy, although it left a number of questions unanswered. ... more
+ Renault-Nissan alliance takes Google Android for a drive
+ Ford executive says may boost production in China to avoid tariffs
+ Late to the party, German carmakers join race against Tesla
+ Drivers see red over Oslo's green 'war on cars'
+ EU targets BMW, Daimler, VW in pollution cartel probe
+ Paris, Brussels call for car-free day in Europe
+ VW to stop doing business in Iran: Bloomberg


Iraq court condemns to death 'deputy of IS leader'
Baghdad (AFP) Sept 19, 2018
An Iraqi court on Wednesday sentenced to death on terror charges a prominent jihadist described as a deputy of Islamic State group leader Abu Bakr al-Baghdadi, after he was captured in Turkey. Ismail Alwan Salman al-Ithawi was hunted down, caught and extradited after a joint operation involving Turkish, Iraqi and US intelligence agencies, according to the Iraqi authorities. "The Karkh cr ... more
+ Iran says US blame over Iraq protests 'astonishing'
+ Iraq parliament elects pro-Iran candidates
+ US vows to respond 'decisively' to attacks in Iraq by Tehran allies
+ Two hospitals reopen in war-damaged Iraqi city Mosul
+ Under fire, Iraq PM visits Basra after deadly violence
+ Curfew imposed in Iraq's Basra as one dies in protests
+ Free from jihadist grip, Iraqi weightlifters target medals
Iran adhering to nuclear deal: British PM
Washington (AFP) Sept 23, 2018
Iran is adhering to its commitments under the Iran nuclear deal and the accord - repudiated by the United States - should stay in place, Britain's prime minister said in an interview broadcast on Sunday. "From what we see, we believe that it is doing that," Theresa May told CBS. "We believe that that should stay in place. And others, involved in putting that deal together believe that ... more
+ After N. Korea, Trump targets Iran with 'maximum pressure'
+ Trump holds on to diplomatic 'success' in N. Korea
+ Kim seeks second Trump summit 'at an early date': Moon
+ Iran points finger at Arab separatists for deadly attack
+ Moon's nuclear diplomacy a 'dangerous gamble': analysts
+ US, North Korea make 'tremendous progress:' Trump
+ Israel determined to stop Iran in Syria, PM tells Putin
Daily Newsletters - Space - Military - Environment - Energy

Hong Kong bans pro-independence party over 'national security' fears
Hong Kong (AFP) Sept 24, 2018
Hong Kong on Monday banned a political party which promotes independence, calling it a threat to national security, as Beijing clamps down on challenges to its sovereignty. It was the first ban on a political party since the city was handed back to China by Britain 21 years ago. The foreign ministry in London expressed concern at the move. Semi-autonomous Hong Kong enjoys freedoms unse ... more
+ Vatican delegation 'to visit China this month': state media
+ Prominent Chinese pastor defiant after church closure
+ China shuts down prominent Christian church
+ Chinese firm eyes Serena Williams' racquet maker
+ Got a problem? Ask China's online agony aunts
+ Vanished China star Fan last in 'social responsibility' ranking
+ Malaysian island city in trouble as PM targets China-linked projects
'Say no to China': Anger mounts in Zambia over Beijing's presence
Lusaka (AFP) Sept 23, 2018
"China equals Hitler" said the sign held up in the Zambian capital Lusaka by a protester opposed to Beijing's tightening grip on the economy of the southern African nation. The demonstrator, James Lukuku, who leads a small political party, was picked up by police and spent several hours in a cell reflecting on his one-man protest. But he is not alone in opposing China's growing presence ... more
+ Lake Victoria, African lifeline regularly hit by sinkings
+ US, allied forces attacked in Somalia: Pentagon
+ Algeria's air force chief fired amid military shake-up
+ Pygmies, masters of the forest, tackle tough lifestyle changes
+ Nigeria troops repel fresh Boko Haram base attack
+ Fish shortage sparks conflict on Africa's Great Lakes
+ Pygmies, masters of the forest, tackle tough lifestyle changes


NASA balloon mission captures electric blue clouds
Greenbelt MD (SPX) Sep 21, 2018
On the cusp of our atmosphere live a thin group of seasonal electric blue clouds. Forming 50 miles above the poles in summer, these clouds are known as noctilucent clouds or polar mesospheric clouds - PMCs. A recent NASA long-duration balloon mission observed these clouds over the course of five days at their home in the mesosphere. The resulting photos, which scientists have just begun to ... more
+ Sikorsky contracted for CH-53K King Stallion spares
+ DynCorp contracted for training aircraft support for Navy
+ Sikorsky nears completion on HH-60W helicopter trainers
+ Harris contracted for B-52, C-130 parts for U.S. Special Ops Forces
+ Boeing to provide P-8 training systems for U.S. Navy, Australia
+ Boeing awarded $2.8B for 18 KC-46 tanker aircraft
+ United Technologies awarded $435M for F-35 work
EU gives Britain two months to pay 2.7 bn euros over China fraud
Brussels (AFP) Sept 24, 2018
The EU on Monday gave Britain two months to recover 2.7 billion euros ($3.3 billion) in lost customs duties or risk referral to the EU's top court after London allegedly ignored a scam by Chinese importers. The demand, part of a so-called infringement action launched by Brussels, threatens to further inflame tensions amid fraught Brexit negotiations just days after an EU summit in Austria en ... more
+ US using false accusations on trade to 'intimidate' countries: China
+ US ports fear they will be big losers in trade war
+ Ether cryptocurrency, a victim of blockchain success
+ 'High uncertainty' hurting global growth, OECD says
+ Trump's tariffs on $200 bn of Chinese imports kick in
+ WTO eyes China bid to slap stiff trade sanctions on US
+ International study suggests ancient globalization
Daily Newsletters - Space - Military - Environment - Energy

China-Vatican ties: From broken churches to deal on bishops
Beijing (AFP) Sept 22, 2018
The Vatican and China announced Saturday a deal to resolve the thorny issue of who gets to appoint bishops, a dispute that bedevilled their relations for decades. AFP takes a look at four key points in the complex, centuries-old relationship between Beijing and the Holy See: - Italian Jesuit - In the west of Beijing lies the tomb of Matteo Ricci, an Italian Jesuit missionary famous f ... more
+ China, Russia warn US of consequences over sanctions
+ US sanctions Chinese military unit for buying Russian jets, missiles
+ China comes out ahead in Vatican deal: analysts
+ Turkey detains 85 military personnel over Gulen ties
+ Poland may not be ready for 'Fort Trump': US Army head
+ Mattis in Macedonia to counter 'Russian influence' against name change
+ Poland offering $2 billion to host US military base: Trump


Coca-Cola, Walmart to cut plastic pollution in oceans
Montreal (AFP) Sept 20, 2018
Coca-Cola, Walmart and other big multinationals pledged on Thursday to help reduce plastic pollution in the world's oceans in support of a campaign by five of the G7 industrialized nations. Britain, Canada, France, Germany and Italy, along with the European Union, signed the Ocean Plastics Charter at a leaders' summit in Canada's Charlevoix region in June. The United States and Japan ab ... more
+ Nappy change: Dutch to turn diapers into furniture
+ Air pollution linked to higher risk of dementia: study
+ Microplastics may enter foodchain through mosquitoes
+ Researchers turn to oysters as pollution-tracking sentinels
+ Most EU countries miss air quality targets: report
+ Carlsberg cans plastic rings to cut waste
+ Engineered sand zaps storm water pollutants
Puerto Ricans turn to life-saving self-help in Maria's aftermath
Humacao, Puerto Rico (AFP) Sept 19, 2018
Desperate and alone - and with the US government nowhere to be seen - many Puerto Ricans turned to each other for salvation as they faced the furies of Hurricane Maria one year ago. In the dark weeks that followed they also discovered something precious: a sense of fellowship and belonging that today brightens places like Mariana, a neighborhood transformed by adversity in the storm-ravage ... more
+ Lebanon navy rescues dozens from sinking Cyprus-bound boat
+ Rohingya crisis: UN has 'no right to interfere' says Myanmar army chief
+ Trump vows '100 percent' support for storm-battered Carolinas
+ Toll jumps to 22 in Philippine monsoon landslide
+ Philippine miners dig for their own in typhoon landslide
+ After the storm: hardship endures for Puerto Ricans on US mainland
+ Bedraggled, displaced long to return home; death toll at 23 in Carolinas
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