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OIL AND GAS
Russia's Gazprom taking interest in India
by Daniel J. Graeber
Washington (UPI) Jun 16, 2017


Russian energy company Gazprom suggested it may be looking to offer natural gas supplies in the expanding economy of India.

Deputy Chairman Alexander Medvedev was quoted by Russian news agency Tass as saying the Central Asian country was an emerging objective.

"I do not rule out that we will soon find a solution that will allow implementing the project on gas supplies to India," he said.

India and China are two of the fastest growing economies in the world and, according to the International Energy Agency, it's India that accounts for about 25 percent of total energy use by 2040. It consumes about 5 billion cubic feet of natural gas per day and could double that appetite by 2022.

Gazprom's comments came one day after British energy company BP and Reliance Industries Ltd. announced plans to develop deepwater gas basins off the coast of India.

"This is an important step forward for BP in India," BP CEO Bob Dudley said in a statement. "It is testament to our commitment to working in partnership with Reliance and with the government to produce more energy in India, for India."

The deepwater prospect should yield about 425 million cubic feet of natural gas per day at peak capacity and come into service in 2020.

Coal is still a dominant energy form in India, and parts of the country still lack a reliable source of electricity. India is No. 4 in the world in terms of new solar power and No. 4 in the world based on cumulative wind power capacity.

OIL AND GAS
Demand factors drag crude oil prices lower
Washington (UPI) Jun 15, 2017
Consumer demand concerns emerged to bruise crude oil prices in early Thursday trading despite upbeat sentiments on the world's largest economy. The U.S. Federal Reserve said Wednesday it was raising its target range for the federal funds rate from 1 percent to 1.25 percent, citing steady gains in the labor market. "The committee continues to expect that, with gradual adjustments ... read more

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OIL AND GAS
Scientists make plastic from sugar and carbon dioxide

Turning car plastics into foams with coconut oil

Scientists use new technique to recycle plant material into stock chemicals

Splitting carbon dioxide using low-cost catalyst materials

OIL AND GAS
Photopower for microlabs

Urban Solar lands UL approval for entire product line

Solar paint offers endless energy from water vapor

New technology will enable properties to share solar energy

OIL AND GAS
It's a breeze: How to harness the power of the wind

ADB: Asia-Pacific growth tied to renewables

GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments

U.S. states taking up wind energy mantle

OIL AND GAS
Japan court clears way for nuclear reactor restarts

AREVA-EWN consortium to dismantle the Reactor Pressure Vessel at Brunsbuttel

UNIST improves remote detection of hazardous radioactive substances

German court nukes tax on power firms

OIL AND GAS
Trump was 'wrong' to leave climate change deal: UK minister

US isolated as allies vow accelerated action on climate change

Climate change rift raises temperature for G7 meet

China rolls out green carpet for California on climate

OIL AND GAS
Embattled Uber CEO Kalanick to take leave of absence

Scientists inch closer to wirelessly charging moving electric vehicles

Mumbai's adored Padmini taxis near the end of the road

Uber loses key executive as inquiry report looms

OIL AND GAS
Terrified civilians hide from gunfire in Mosul pre-school

Ramadan comes with bitter taste for families of Iraq's Mosul

Tired, traumatised Mosul mothers unable to breastfeed

Down to the river for youths from Iraq's embattled Mosul

OIL AND GAS
UN condemns N. Korean missile launches, but no council meeting

N Korea fires volley of cruise missiles, fifth test in a month

N. Korea coal export sinks to zero after China import ban: UN data

N Korea fires volley of cruise missiles, fifth test in a month




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