Oil News and Gas News
January 04, 2017
OIL AND GAS
A first for European energy with French LNG



Paris (UPI) Jan 3, 2016
French utility company EDF said commercial operations started at Europe's only terminal for natural gas that's connected to two regional markets. EDF commissioned the start up of its Dunkirk regasification terminal at a site in the harbor that bears its name in northern France. The French company said the terminal will be used to import, store and regasify liquefied natural gas to the mainland. "The Dunkirk regasification terminal is the second largest in mainland Europe and is the only ... read more

OIL AND GAS
Statoil solidifies North Sea position
Norwegian energy company Statoil said it moved into the majority position at a field in the northern parts of the North Sea, a focal point for the company. ... more
OIL AND GAS
Russia's oil production up from 2015
Government data show Russia, a main component of a managed decline from world producers, turned out 2.5 percent more oil year-on-year. ... more
OIL AND GAS
New taxes, higher oil prices hurt U.S. drive
U.S. drivers started 2017 paying the most for gasoline in three years because of higher fuel taxes and increased oil prices, motor club AAA reported. ... more
OIL AND GAS
Iran okays 29 companies for oil and gas projects
Iran has published a list of 29 major companies from Europe and Asia approved to bid for oil and gas projects after the lifting of sanctions over its nuclear programme. ... more
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OIL AND GAS
Iranian energy doors opening to foreign companies
More than two dozen foreign oil and natural gas companies are qualified to get in line as Iran's energy sector opens up to investors, the government said. ... more
OIL AND GAS
Crude oil prices strong out of 2017 gate
Promises offset other physical market factors on the first full-trading day of 2017 to send crude oil prices to their highest levels in 18 months. ... more
OIL AND GAS
US Shale Is Now Cash Flow Neutral
Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first tim ... more
OIL AND GAS
Texas oil survey reveals OPEC pessimism
Less than half of oil industry survey respondents expect OPEC to make good on its promise to cut production in 2017, the Federal Reserve Bank of Dallas found. ... more
OIL AND GAS
Russia's finance minister sees growth ahead
With oil prices recovering, growth in the Russian economy may be twice as high as official government estimates, the country's finance minister said. ... more


Last day for fabled New York 'outcry' commodity trading

OIL AND GAS
More drilling scheduled offshore Norway
Offshore Norway continued its trajectory for expanded oil and gas exploration work, with the government signing off on two new programs. ... more
OIL AND GAS
Denmark's largest gas field to close
The lack of a viable economic solution for the largest natural gas field in the Danish North Sea means production will end in late 2018, Maersk Oil said. ... more


Economics of forest biomass raise hurdles for rural development
The use of residual forest biomass for rural development faces significant economic hurdles that make it unlikely to be a source of jobs in the near future, according to an analysis by economists at Oregon State University. In a model of the forest industry, researchers in the College of Forestry combined an evaluation of costs for collecting, transporting and processing biomass with the p ... more
Biomass operations aren't currently feasible in rural communities

Molecular Velcro boosts microalgae's potential in biofuel, industrial applications

Ultrafast lasers reveal light-harvesting secrets of photosynthetic algae

New approach captures the energy of slow motion
A new concept in energy harvesting could capture energy currently wasted due to its characteristic low frequency and use it to power next-generation electronic devices, according to a team of Penn State materials scientists and electrical engineers. The project, funded by Samsung, designed a mechanical energy transducer based on flexible, organic, ionic diodes that points to scalable energ ... more
Stability challenge in perovskite solar cell technology

Tesla, Panasonic team up for solar power

First movie of energy transfer in photosynthesis solves decades-old debate

Daily Newsletters - Space - Military - Environment - Energy

The answer is blowing in the wind
The amount of energy generated by renewables fluctuates depending on the natural variability of resources at any given time. The sun isn't always shining, nor is the wind always blowing, so traditional power plants must be kept running, ready to fill the energy gap at a moment's notice. Because the grid has no storage, and unlike coal or nuclear, there is no control over the fluctuating producti ... more
French power group aims to double wind capacity

New rules for micro-grids in Alberta

Offshore wind makes U.S. debut

Battling energy crisis, Pakistan turns on fourth nuclear plant
Pakistan's fourth nuclear power plant went online Wednesday, a joint collaboration with China that adds 340 megawatts to the national grid as part of the goverment's efforts to end a growth-sapping energy deficit. Pakistan is one of the few developing countries pursuing atomic energy in the wake of the Fukushima nuclear disaster in Japan in 2011, as it seeks to close an electricity shortfall ... more
Report finds additional radioactive materials in gas-well drill cuttings

Chemistry research breakthrough that could improve nuclear waste recycling technologies

AREVA NP supplies Safety Instrumentation and Control System for Generation 3 Reactor



Tillerson called to testify on climate issues
Exxon Mobil CEO and U.S. secretary of state nominee Rex Tillerson should testify before the inauguration on his climate change knowledge, lawyers said. Lawyers representing more than a dozen U.S. teens called on Tillerson to testify in a case arguing there is a "fundamental constitutional right to a climate system capable of sustaining human life." A notice to testify was served on Sidl ... more
Seizing environmental opportunities under a Trump presidency

Climate report says 2016 on pace to be hottest year yet

Glee to gloom: Climate and the 'Trump effect'

U.S. funding more alternative vehicle efforts
Charging stations along the U.S. highway system and advances for school bus fleets are getting the bulk of new alternative vehicle funding, the government said. The U.S. Energy Department said it was putting $18 million in support forward for projects aimed at developing electric and other hybrid vehicle technology. "Public investment in advanced, energy efficient transportation ... more
Chrysler's new tech-rich concept car aims young

Volkswagen reaches emissions agreement with 3-liter car owners

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

Daily Newsletters - Space - Military - Environment - Energy

Iraq forces retook over 60% of east Mosul: commander
Iraqi forces have retaken more than 60 percent of eastern Mosul from the Islamic State group since the battle for the city began in mid-October, a top commander said Sunday. "From east Mosul... more than 60 percent" has been recaptured from IS, Staff Lieutenant General Abdulwahab al-Saadi, a top commander in Iraq's Counter-Terrorism Service (CTS), told AFP. He was speaking in an area sou ... more
Iraq PM says opponents spreading fake news of bombings

IS gunmen attack police station in Iraq's Samarra

Iraq forces fight muddy street battle against IS in Mosul

India tests Agni-V ballistic missile, tensions with China rise
India's Defense Research and Development Organization completed a test for its Agni-V ballistic missile, leading China to question the country's intentions. The test marked the fourth demonstration of the weapon, which is capable of carrying a nuclear warhead at a range of over 3,100 miles The Hindu reported. The Defense Research and Development Organization hailed the event as a "huge ... more
N. Korea plans nuclear push in 2017: top defector

S. Korea calls Trump's tweet 'clear warning' to North

Final U.S. ship transferred to South Korean navy decommissioned



Football and prayer wheels: views of modern Tibet
Faith has always been at the heart of Tibetan culture. As practitioners of the country's unique form of Buddhism face increasing obstacles to their worship, Beijing has sought to cultivate a different kind of true believer: the football fan. China, which has fully controlled Tibet since the 1950s, has been accused of political and religious repression in the mainly Buddhist region. It co ... more
As thousands march China says Hong Kong must not subvert mainland

Chinese official sentenced 10 years in vaccine scandal

Born again: baby boom after China ends one-child rule

SEC probes Mozambique debt sold by Credit Suisse, BNP Paribas
A US market regulator is probing the sale of $850 million in Mozambique government bonds used to purchase military equipment, which involved three major banks, according to a person with knowledge of the matter. The Securities and Exchange Commission is seeking information from investors on the 2013 bond issue which was arranged by Credit Suisse and the Russian bank VTB Group on behalf of a ... more
Guinea soldier wanted over stadium massacre appears in court

Nigerian army 'crushes' Boko Haram in key stronghold

UN cancels controversial Gambia army chief's Darfur visit

Daily Newsletters - Space - Military - Environment - Energy

Sikorsky funded for Phase III of DARPA's ALIAS program
Lockheed Martin subsidiary Sikorsky received a $35.7 million contract from the U.S. Defense Advanced Research Projects Agency for its Aircrew Labor In-Cockpit Automation System program. The prototype project agreement provides funding for Phase III of the program, which seeks to create installable and removable kits that can be integrated with 80 of the aircraft operated by the U.S. Dep ... more
Israeli air force reties F-16A/B 'Netz' aircraft from service

U.S. Air Force releases JSTARS recapitalization RFP

Realistic training for extreme flight conditions

China manufacturing accelerates at fastest for 4 years: survey
China's manufacturing activity expanded at its quickest pace in nearly four years in December, an independent research firm said on Tuesday, in a sign of improving health for the world's second-largest economy. The private Caixin Purchasing Managers' Index (PMI), an indicator of conditions at smaller manufacturers, beat expectations with a reading of 51.9 in December, up from 50.9 the previo ... more
China manufacturing growth slows

Toshiba shares fall 20% after it flags one-off loss

China has 'real cause for concern' over Navarro: media



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

McCain calls for permanent US troops in Baltics
Republican Senator John McCain on Thursday called for US troops to be permanently stationed in the Baltic states as a deterrent against Russia amid regional concerns over President-elect Donald Trump's pro-Moscow rhetoric. "I think that permanency is important, that there will always be some American troops here," McCain told reporters in Lithuania, an EU and NATO member bordering Russia's h ... more
Duterte seeks 'strategic shift' from US to China: envoy

Russia flags war games with US ally Philippines

Indonesia suspends military cooperation with Australia

Madrid lifts partial car ban as pollution eases
Madrid on Thursday lifted an unprecedented ban on half of most private cars as pollution in the Spanish capital eased up. A day earlier and for the first time in Spain, authorities decided to implement a measure already used in other cities abroad by ordering vehicles with even-number registration plates to drive on even-number days, and cars with odd-number plates on odd-number days. Th ... more
Obama criticized after monument designation

Beijing starts 2017 under a cloud

In Spain first, Madrid bans half of cars to fight smog

Cyprus urges Turkey to face up to responsibilities
Cypriot President Nicos Anastasiades on Saturday urged Turkey to live up to its responsibilities and help to reunify the divided island when crucial peace talks resume next month in Switzerland. Anastasiades and Turkish Cypriot leader Mustafa Akinci are to hold talks in Geneva from January 9 after negotiations broke down last month. If all goes well they will be joined on January 12 by t ... more
'I am not a miracle worker': new UN chief

A 2016 love story: the Macedonian cop and the Iraqi refugee

US prosecutors ask Alexa: whodunit?



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