Oil News and Gas News
December 26, 2016
OIL AND GAS
Putin: We're not a member of OPEC



Moscow (UPI) Dec 23, 2016
Russia's president said his country would meet its obligations in terms of crude oil production, but stressed Friday that Russia is not a member of OPEC. Russia is on pace to average about 11 million barrels of oil production per day this year, about 1.8 percent higher than last year. If accurate, Russian production for the year would be at or near a post-Soviet record. Members of the Organization of Petroleum Exporting Countries agreed to cut production by about what it expects in deman ... read more

OIL AND GAS
U.S. leaders question need for Strategic Petroleum Reserve
Members of a House energy panel said they wanted a federal investigation into whether or not the nation's Strategic Petroleum Reserve should be maintained. ... more
OIL AND GAS
Libyan oil boss in Cairo after production gains
After boasting of gains in oil production this week, the chairman of a Libyan oil company discussed how Egyptian companies could work in the country. ... more
OIL AND GAS
Russian oil company starts new work in Serbia
A Russian oil company said its division in Serbia has opened up a new reserve area with the goal of moving from drilling to development next year. ... more
OIL AND GAS
Oil prices dip in pre-Christmas trading
Lingering supply-side strains and traders looking for quick profits as the year draws down pushed crude oil prices into negative territory early Friday. ... more
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OIL AND GAS
More reserves uncovered offshore Norway
After reporting production gains, the Norwegian government confirmed a discovery Friday of at least 25 million barrels in its waters of the North Sea. ... more
OIL AND GAS
Next U.S. Gulf of Mexico lease sale will be online
The next lease sale planned by the U.S. government for oil and gas reserves in the Gulf of Mexico will be streamed live on the Internet, an agency said. ... 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
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
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


Libya sets sights on build in oil production

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
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


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
Report finds additional radioactive materials in gas-well drill cuttings

Chemistry research breakthrough that could improve nuclear waste recycling technologies

Japan pulls plug on troubled fast breeder reactor



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

China fines GM unit $29 million for 'price-fixing'

Uber puts brakes on self-driving cars in California

Daily Newsletters - Space - Military - Environment - Energy

Iraqi air force drops 4 million letters on Mosul: coalition
The Iraqi air force dropped four million letters over Mosul on Thursday, the US-led coalition said, in a move aimed at providing "empathy and support" for residents of the Islamic State-held city. The air drop comes after the international Institute for War and Peace Reporting started a campaign called "Letters to Mosul" on October 17, the day Iraqi forces began their operation to recapture ... more
Bittersweet Christmas for Iraqi Christians near Mosul

Wounded Iraqis fill hospitals as Mosul op drags on

Attacks near IS-held Mosul in Iraq kill 34

Duped by fake news, Pakistan minister makes nuke threat to Israel
Pakistan's defence minister has threatened to retaliate in kind to any Israeli nuclear strike after apparently being tricked by a fake news site into a confrontation on social media. Khawaja Asif was responding to an invented story published on the website AWDNews and headlined: "Israeli Defense Minister: If Pakistan send ground troops into Syria on any pretext, we will destroy this country ... more
US must 'greatly strengthen' its nuclear capability: Trump

Putin urges Russian nuclear weapons boost

Is the Iran nuclear deal already being violated?



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

Nigerian army 'crushes' Boko Haram in key stronghold
Nigerian President Muhammadu Buhari on Saturday claimed the military had routed Boko Haram in a key northeastern stronghold, a year after saying the Islamist militants had been "technically" defeated. A campaign lasting for months in the 1,300 square-kilometre (500 square-mile) forest in northeastern Borno state led to the "final crushing of Boko Haram terrorists in their last enclave in Sam ... more
UN cancels controversial Gambia army chief's Darfur visit

Influx of Chinese investors angers Madagascans

Mobile money lifts Kenyan households out of poverty

Daily Newsletters - Space - Military - Environment - Energy

Preparing for air traffic control via satellite
ESA recently completed its first flight trials using satellites to help bring Europe closer to its goal of modernising air traffic control. The trials are part of the public-private partnership between ESA and UK satellite operator Inmarsat to deliver high-capacity secure digital data links via satellite for air-ground communications for cockpit crews over European airspace under ESA's Iris Prec ... more
NASA's Magnetic Materials Lab Moves Evolution of Energy Conversion Forward

China tests new jet fighter prototype

Ukraine's Antonov rolls out first AN-132D aircraft

China has 'real cause for concern' over Navarro: media
China had "real cause for concern" after US President-elect Donald Trump chose outspoken China critic Peter Navarro for a top trade position, Chinese media reports said Friday, as they warned of a potential trade war. Trump has picked Navarro to head the White House National Trade Council, a new office that will oversee trade and industrial policy, in the latest sign he is moving ahead with ... more
China tycoon moves jobs to US, citing high taxes at home

US returns Alibaba website to counterfeits blacklist

Trump names critics of China, regulation for economic posts



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

European populists link Berlin attack to Merkel policies
Populists across Europe have seized on the truck attack in Berlin as a way to criticise Germany's immigration policy but key players have held back on jumping to conclusions as the investigation continues. Former UK Independence Party (UKIP) leader Nigel Farage, a key ally of US President-elect Donald Trump in Europe, said the attack which killed 12 people was "no surprise" and would be part ... more
China and Sao Tome restore diplomatic ties in snub to Taiwan

Japan cabinet approves biggest defence budget

After Hiroshima, Abe and Obama to pay respects at Pearl Harbor

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

Bacteria control levels of dangerous pollutant in seabirds

Planes grounded as smog chokes China for fifth day

'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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