Oil News and Gas News
December 23, 2016
OIL AND GAS
Oil and the Arctic: what is at stake



Paris (AFP) Dec 21, 2016
A US-Canadian move to block new leases for oil or gas drilling in sovereign Arctic waters is designed to protect an area already severely disrupted by climate change. A quick tour of the Arctic and what is at stake: - THE ARCTIC - The Arctic Circle, which starts 66.5 degrees north of the equator, marks an area where on at least one day of the year there will be no light or no night - and that period is longer, the further north you go. It covers more than 20 million square kilometres ( ... read more

OIL AND GAS
Texas oil production not rebounding yet
Texas, the No. 1 oil producer in the United States, reported crude oil production edged slightly lower than the previous month based on preliminary data. ... more
OIL AND GAS
Norway's Statoil rolls out more legacy milestones
Following an uptick in oil production, and after boasting of legacy output this week, Norway's Statoil said one of its fields has passed 2 billion barrels. ... more
OIL AND GAS
Schlumberger lands deepwater work
A subsidiary of oilfield services company Schlumberger said it landed contracts to help manage operations in the U.S. waters of the Gulf of Mexico. ... more
OIL AND GAS
Oil, non-oil revenue rise for Saudi Arabia
Saudi Arabia said it was making progress on economic reforms aimed at correcting a deficit, with both oil and non-oil revenue increasing in 2017. ... more
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OIL AND GAS
Russia sees oil markets balanced in late 2017
Only when crude oil markets balance out in the second half of next year can major players starting talking about market recovery, Russia's oil minister said. ... more
OIL AND GAS
Oil prices up on strong U.S. GDP
Growth reported Thursday in the U.S. economy helped lift oil prices out of a hole after falling in response to reports of a build in crude oil stockpiles. ... more
OIL AND GAS
Libya sets sights on build in oil production
A national oil company in Libya said two major oil fields are now reconnected to pipeline infrastructure and oil is flowing freely for the first time in years. ... more
OIL AND GAS
Total nabs Brazilian pre-salt in Petrobras deal
French energy company Total said it was building up its prospects in South America in a partnership that gives it access to some of Brazil's biggest oil fields. ... more
OIL AND GAS
The deepwater horizon aftermath
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 ... more


Obama moves to tie Trump's hands on Arctic, Atlantic drilling

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


Molecular Velcro boosts microalgae's potential in biofuel, industrial applications
Michigan State University scientists have engineered "molecular Velcro" into to cyanobacteria, boosting this microalgae's biofuel viability as well as its potential for other research. The findings, featured in the current issue of ACS Synthetic Biology, show how MSU researchers have designed a surface display system to attach cyanobacteria, also known as blue-green algae, to yeast and oth ... more
Ultrafast lasers reveal light-harvesting secrets of photosynthetic algae

People willing to pay more for new biofuels

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

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

New rules for micro-grids in Alberta
A rule change means consumers in Alberta can have more flexibility when it comes to how they generate their own forms of green electricity, the government said. The provincial government amended regulations governing low-carbon power sources to allow for more flexibility in grid connectivity and power limits, increasing micro-generation size limits from 1 megawatt to 5 MW. The go ... more
Offshore wind makes U.S. debut

Apple invests in China wind farms

German energy company plants wind farm seed in Texas

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

Uber puts brakes on self-driving cars in California

Daily Newsletters - Space - Military - Environment - Energy

Attacks near IS-held Mosul in Iraq kill 34
Mortar fire and car bombs killed more than 30 people including aid workers near Mosul Thursday as Iraqi forces battled to seize the city from the Islamic State group. A triple car bombing on a market killed at least 23 people in Gogjali, a few kilometres (miles) east of Mosul, the army said. Gogjali was retaken by pro-government forces on November 1, two weeks into a massive operation to ... more
Iraqi Kurdish militias using child soldiers

Wounded Iraqis fill hospitals as Mosul op drags on

World Bank approves $1.5 bn in aid for war-torn Iraq

US must 'greatly strengthen' its nuclear capability: Trump
President-elect Donald Trump said Thursday that America must massively boost its nuclear capability until the "world comes to its senses." "The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes," Trump wrote on Twitter, without explaining what he meant. His comment marks a jarring departure from Presid ... more
Putin urges Russian nuclear weapons boost

IAEA content with oil-rich Iran, Iran seeks sanction review

Iran discusses nuclear ships plan with IAEA chief



Dalai Lama will not visit Mongolia again: govts
China said Wednesday it hoped Mongolia could "draw lessons" from the fallout over hosting the Dalai Lama after the Mongolian foreign minister announced that the Tibetan spiritual leader would no longer be allowed to visit the country. Mongolian Foreign Minister Tsend Munkh-Orgil said Tuesday that the Dalai Lama would not be allowed to visit in the future, even for religious reasons, the offi ... more
Woman sues China public security bureau over propaganda video

'Iron lady' Ip runs for Hong Kong leader

Chinese official's wife jailed in new vaccine scandal

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

NASA's Magnetic Materials Lab Moves Evolution of Energy Conversion Forward
Electric vehicles. The topic is trending, and with more than 13 million results in a single internet search, it seems to be what everyone is talking about... including NASA. But NASA researchers aren't just talking about the topic - they're diligently working to improve and advance the technology electric aircraft use in order to make them energy efficient and worthwhile. "As the cou ... more
Ukraine's Antonov rolls out first AN-132D aircraft

Northrop Grumman completes E-2D Advanced Hawkeye flight test

US military resumes Osprey flights in Japan after crash

China tycoon moves jobs to US, citing high taxes at home
A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs at home. Cao Dewang's $600-million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive tariffs on Chinese imports to protect American jobs. The 70-ye ... more
Trump names critics of China, regulation for economic posts

US antitrust regulators clear China-owned AMC to buy Carmike

China's 2017 economic growth to slow to 6.5 pct: study



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
European populists link Berlin attack to Merkel policies

Japan cabinet approves biggest defence budget

China returns seized US naval sea drone

China's smoggiest city closes schools amid public anger
China's smoggiest city closed schools Wednesday as much of the country suffered its sixth day under an oppressive haze, sparking public anger about the slow response to the threat to children's health. Since Friday a choking miasma has covered a large swathe of northeastern China, leaving more than 460 million gasping for breath. Shijiazhuang, the capital of Hebei province, was one of mo ... 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
58,000 people died on Chinese roads in 2015: report

New Technology Could Help Track Firefighters for Safety

66,000 workplace deaths in China last year: report



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