Oil News and Gas News
December 22, 2016
OIL AND GAS
The deepwater horizon aftermath



Santa Barbara CA (SPX) Dec 22, 2016
The oil discharged into the Gulf of Mexico following the explosion and sinking of the Deepwater Horizon (DWH) rig in 2010 contaminated more than 1,000 square miles of seafloor. The complexity of the event has made it difficult for scientists to determine the long-term fate of oil in this ocean environment. But researchers from UC Santa Barbara, with colleagues from three other institutions, are making progress. The scientists have now analyzed long-awaited data from the Natural Resource Dama ... read more

OIL AND GAS
Obama moves to tie Trump's hands on Arctic, Atlantic drilling
The White House blocked new leases for oil and gas drilling in sections of the Arctic and Atlantic Tuesday, a high-stakes bid to forestall exploration and tie Donald Trump's hands. ... more
OIL AND GAS
Statoil boasts of endurance at legacy oil assets
An oil field on the Norwegian continental shelf reached its 1 billionth barrel and has at least eight years left for production, energy company Statoil said. ... more
OIL AND GAS
Signs of balance lift oil prices higher
An expected draw on U.S. crude oil inventories help erased a brief downturn for crude oil prices, but momentum could be influenced by year-end movements. ... more
OIL AND GAS
California officials challenge fracking off coastline
California's chief prosecutor and an environmental commission on Monday filed a lawsuit challenging an assessment by federal authorities that clears the way for hydraulic fracturing off the state's coast. ... more
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OIL AND GAS
Gas prices moving higher alongside oil prices
U.S. gasoline prices continue to rise along with crude oil, though some refinery issues and supply levels could create some fluidity, a retail market report finds. ... more
OIL AND GAS
Chesapeake says it's ready for recovery after big divestments
Struggling shale company Chesapeake Energy said Tuesday it was anticipating a recovery next year after releasing a good portion of its non-core gas assets. ... more
OIL AND GAS
Wood Mackenzie: Shale wins with OPEC deal
Recovery in oil prices following an OPEC agreement to trim production should help stimulate oil activity in shale plays in the United States, analysis finds. ... more
OIL AND GAS
Oil prices decline on production questions
Crude oil prices drifted lower in early Monday trading as questions lingered over whether or not parties to an OPEC agreement were playing ball. ... more
OIL AND GAS
More drilling scheduled in Barents Sea
A Norwegian energy regulator said Italian energy company Eni is the next in line to start drilling operations in the Barents Sea. ... more


Additional drilling slated for Leviathan gas field

OIL AND GAS
Oil prices recovery means Texas recovery
A decision by members of the Organization of Petroleum Exporting Countries to trim production in January bodes well for oil-rich Texas, a state economist said. ... more
OIL AND GAS
Suspended OPEC member Indonesia gets energy loan
A $400 million loan is aimed at helping Indonesia, until recently a member of OPEC, meet its growing demand for energy, the Asian Development Bank said. ... more


Ultrafast lasers reveal light-harvesting secrets of photosynthetic algae
Photosynthetic algae have been refining their technique for capturing light for millions of years. As a result, these algae boast powerful light-harvesting systems - proteins that absorb light to be turned into energy - that scientists have long aspired to understand and mimic for renewable energy applications. Now, researchers at Princeton University have revealed a mechanism that enhance ... more
People willing to pay more for new biofuels

Investing in the 'bioeconomy' could create jobs and reduce carbon emissions

Argonne researchers study how reflectivity of biofuel crops impacts climate

Blue Oak Energy and Sun Air Solar complete additional 808kW PV System
Blue Oak Energy and Sun Air Solar have completed a 259 kWdc rooftop solar PV system atop a facility occupied by Abbott's diabetes care business and the Federal Aviation Administration (FAA). Located near Oakland International Airport on Bay Farm Island in San Francisco's East Bay, a new 259 kWdc rooftop system complements an on-site 549 kWdc solar PV carport completed earlier this year by Blue O ... more
Tenth Year of Consecutive Global Growth for PV Demand, IHS Markit Says

Saudi Vision 2030 Gives Boost to Solar Energy Investors

Canadian Solar Subsidiary Recurrent Energy Completes 200 Megawatt Garland Solar Facility

Daily Newsletters - Space - Military - Environment - Energy

Offshore wind makes U.S. debut
Turbines are spinning at a wind farm off the coast of Rhode Island, powering the region for the first time in an offshore capacity, a company announced. Project developer Deepwater Wind said its Block Island wind farm is now in commercial operations, marking a first for the United States. "We've made history here in the Ocean State, but our work is far from over," Deepwater Wind ... more
Apple invests in China wind farms

German energy company plants wind farm seed in Texas

New York to bid in Federal Offshore Wind Auction

Researchers model the way into a nuclear future
Physicists from MIPT and the Joint Institute for High Temperatures of the Russian Academy of Sciences described the mobility of line defects, or dislocations, in uranium dioxide. This will enable future predictions of nuclear fuel behavior under operating conditions. The research findings were published in the International Journal of Plasticity. Nuclear fuel has an immense potential, as i ... more
Japan pulls plug on troubled fast breeder reactor

Bulgaria seeks investor to revive nuclear project

Japan switches on nuclear reactor after safety shutdown



Seizing environmental opportunities under a Trump presidency
Australian, South African and US researchers say that although the environmental movement is in shock at US President-elect Donald Trump's election victory and its implications, it is not all doom and gloom. "The environmental movement should proactively seize opportunities over the next four years," said lead author Dr Duan Biggs of the ARC Centre of Excellence for Environmental Decisions ... more
Climate report says 2016 on pace to be hottest year yet

Glee to gloom: Climate and the 'Trump effect'

'Fear is palpable' among US climate scientists over Trump moves

Better road planning could boost food production while protect forests
Conservation scientists have used layers of data on biodiversity, climate, transport and crop yields to construct a colour-coded mapping system that shows where new road-building projects should go to be most beneficial for food production at the same time as being least destructive to the environment. The hope is that this "trade-off" strategy might guide governments, investors and develo ... more
VW reaches $1 bn compensation deal in 3.0-liter diesel case

VW settles Canada drivers' class action over emissions

Google's Waymo adds 100 Chryslers to self-driving fleet

Daily Newsletters - Space - Military - Environment - Energy

World Bank approves $1.5 bn in aid for war-torn Iraq
The World Bank on Tuesday announced an additional $1.5 billion aid package for Iraq, to help the war-torn country implement reforms, improve public services and boost its economy. The package includes loan guarantees from the UK for about $372 million, and from Canada for about $72 million. "Despite an ongoing war and low oil prices, Iraq is undertaking bold transformational reforms that ... more
Bombs kill 7 near Iranian Kurdish party HQ in Iraq

Unravelling the story of a mass grave in Iraq

Iraqis create market in mud of displaced camp

Lockheed Martin to continue ICBM sustainment for U.S. Air Force
Lockheed Martin has received $60 million in contracts to sustain and modernize intercontinental ballistic missile re-entry systems for the U.S. Air Force. The agreement is comprised of a new contract in addition to an extended second contract. The company will be tasked with providing equipment and services for U.S. Air Force personnel to support testing and maintenance for all Minutema ... more
IAEA content with oil-rich Iran, Iran seeks sanction review

Iran discusses nuclear ships plan with IAEA chief

Obama allows Iran sanctions renewal without signing bill



Woman sues China public security bureau over propaganda video
The wife of a Chinese human rights lawyer said Monday she is suing the public security bureau for accusing her in an online propaganda video of fomenting "colour revolution". Li Wenzu's husband Wang Quanzhang took on a number of civil rights cases considered sensitive by the ruling Communist party and was detained last summer. His employer, Beijing's Fengrui law firm, was at the centre ... more
'Iron lady' Ip runs for Hong Kong leader

Chinese official's wife jailed in new vaccine scandal

Popular Chinese Muslim website shuttered after Xi Jinping petition

UN cancels controversial Gambia army chief's Darfur visit
The UN has stopped The Gambia's controversial army chief from visiting troops serving as peacekeepers in Darfur, as international pressure grows on the country's top brass to accept incoming president-elect Adama Barrow. Gambian security forces seized the country's Independent Electoral Commission on Tuesday, drawing international condemnation follosing a contested presidential election held ... more
Influx of Chinese investors angers Madagascans

Mobile money lifts Kenyan households out of poverty

Mali rivals must stick to peace deal: French minister

Daily Newsletters - Space - Military - Environment - Energy

360-Degree Airport Simulator Tests the Future of Air Traffic Control
Heading home for the holidays may fill you with joy, as well as a little dread at the thought of the complexities of air travel at one of the busiest times of the year. The good news is that NASA is working on new technologies and concepts in air traffic management that will not only provide some relief from holiday travel headaches, but increase the efficiency, safety and environmental friendli ... more
Northrop Grumman completes E-2D Advanced Hawkeye flight test

US military resumes Osprey flights in Japan after crash

F-35 program is not 'out of control', JSF chief fires back at Trump

China's 2017 economic growth to slow to 6.5 pct: study
China's economic growth will slow to 6.5 percent next year and the yuan will continue falling against the dollar, a top Chinese think-tank said Monday. The prediction follows a raft of positive data earlier this month that raised hopes of an end to the slowdown. But the economy - the world's second largest - still "faces increasing downward pressure", the Chinese Academy of Social Scie ... more
Philippines taps China-backed AIIB to fix infrastructure

US antitrust regulators clear China-owned AMC to buy Carmike

China vows more 'flexible' yuan, less property speculation



Property and credit booms stablise China growth
Chinese growth stabilised in the third quarter, data showed Wednesday, as ample credit and hot property markets propped up the world's second-largest economy. But while the forecast-beating reading was in line with state targets, it came as experts warned that authorities have relied too much on easy credit, which has in turn increased financial risks. The economy grew 6.7 percent in Jul ... more
China data and US banks propel equities higher

No debt-for-equity cure for zombie firms, says China

China's ranks of super-rich rise despite economic slowdown

Japan's top court backs Tokyo in bid to relocate Okinawa base
Japan's Supreme Court ruled Tuesday in favour of the central government in its bid to relocate a US airbase on Okinawa, dealing a significant blow to the plan's opponents led by the island's governor. The Japanese and US governments want the base in the middle of a crowded city moved to a sparsely populated area for safety reasons. But many Okinawans want it relocated off the island altogeth ... more
NATO urges Russia to prod Ukraine rebels to honour truce

China returns seized US naval sea drone

China offers guns worth $14 mn for drug war: Philippines

China chokes under heavy smog with worse ahead
Hospital visits spiked, roads were closed and flights cancelled Monday as China choked under a vast cloud of toxic smog, with forecasters warning worse was yet to come. At least 23 cities in the world's most populous nation have issued red alerts for air pollution since Friday, according to the official Xinhua news agency. A host of emergency measures have been implemented to protect the ... more
Planes grounded as smog chokes China for fifth day

Bacteria control levels of dangerous pollutant in seabirds

RIT researchers estimate 10,000 metric tons of plastic enter Great Lakes every year

'Tiny earthquakes' help scientists predict mountain rock falls
The risk of mountain rock falls in regions with sub-zero temperatures, such as the Swiss Alps and parts of Canada, could be better predicted by using technology which measures 'tiny earthquakes' - according to a group of international experts. In a new study led by the University of Sussex, geoscientists from the British Geological Survey and the Technical University of Munich reveal that ... more
China charges 10 in power plant collapse killed 74

Sawdust reinvented into super sponge for oil spills

China arrests 18 over fatal October blast



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