Oil News and Gas News
January 17, 2017
OIL AND GAS
Trudeau says Canada's oil sands must be phased out



Ottawa (AFP) Jan 14, 2017
Canada must "phase out" Alberta's oil sands and end the country's dependence on hydrocarbons, Prime Minister Justin Trudeau said on Friday. "We can't shut down the oil sands tomorrow. We need to phase them out," he said. "We need to manage the transition off our dependence on fossil fuels." He was responding to a question at a town hall event about his decision in late November to authorize an increase in the capacity of two oil pipelines in the country's west. Upgrading them will increase C ... read more

OIL AND GAS
Anadarko sells off Eagle Ford shale assets
Parts of the shale basin in oil-rich Texas will be left behind in order to focus more on deepwater and other assets, Anadarko Petroleum announced. ... more
OIL AND GAS
IMF: Oil-rich Russia needs either-or economic policies
Russia needs to ensure its economy is braced for an oil shock in either positive or negative terms, a deputy at the International Monetary Fund said. ... more
OIL AND GAS
OPEC questions take wind out of oil rally's sails
Doubts about whether all parties to an OPEC-led agreement to cut production will do enough to balance markets pushed oil prices lower early Friday. ... more
OIL AND GAS
Colorado is doing energy right, governor said
Colorado will continue its legacy as a model for how to strike the right balance between fossil fuels production and a clean economy, its governor said. ... more
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OIL AND GAS
Milestone reached for Kashagan oil field
More than 7 million barrels of crude oil have been produced safely from the Kashagan oil field in Kazakhstan since September, the operator said. ... more
OIL AND GAS
New offshore oil production starts in China
A Chinese oil company said Friday it started production at an oil field off the northern coast of China that has 57 planned production wells. ... more
OIL AND GAS
Serbia under fire for Russian gas deals
The Serbian government may have breached European laws as they relate to gas market competition with its deals with Russia, a directorate said. ... more
OIL AND GAS
Oil prices gain strength on OPEC rhetoric
Crude oil prices were in clear positive territory before the U.S. open Thursday after OPEC signaled stronger compliance with managed declines. ... more
OIL AND GAS
OPEC deal holding, though look out for U.S. oil
A survey of production data from OPEC shows evidence of a managed decline, but the durability of that trend is a critical question, a survey found. ... more


Offshore Norway remains resilient

OIL AND GAS
General praise for tripling Canadian oil pipeline
Provincial leaders in Canada praised measures that made it so that Kinder Morgan could move forward with long-awaited expansions to a heavy oil pipeline. ... more
OIL AND GAS
Egypt set for a gas turnaround
The Egyptian natural gas sector is on track for an about-face, though complex dynamics could keep pressure on the industry, Wood Mackenzie found. ... more

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Iowa State engineer helps journal highlight how pyrolysis can advance the bioeconomy
A special issue of the journal Energy Technology details the latest advances in pyrolysis technologies for converting biomass into fuels, chemicals and fertilizers. Two pyrolysis experts are guest editors of the issue: Robert C. Brown, the director of Iowa State University's Bioeconomy Institute, an Anson Marston Distinguished Professor in Engineering and the Gary and Donna Hoover Chair in ... more
Handheld sensor unit determines biofuel content of diesel blends

Dual-purpose biofuel crops could extend production, increase profits

Species diversity reduces chances of crop failure in algal biofuel systems

Renewable energy investment value fell 18% in 2016: study
Global investment in renewable energy dropped by 18 percent in 2016 due to sharp falls in equipment prices and a slowdown in China and Japan, a study found Thursday. After reaching record levels in 2015, investment fell last year to $287.5 billion, according to researchers at Bloomberg New New Energy Finance (BNEF). The fall was due in part to "further sharp falls in equipment prices, pa ... more
CWRU directly measures how perovskite solar films efficiently convert light to power

U.S. solar groups to speak after Trump inauguration

Report details how renewables can decarbonise the energy sector



DONG Energy makes wind energy debut
Danish energy group DONG Energy said it strengthened its offshore wind portfolio with a new service contract, after charting a course away from oil and gas. DONG said it landed a long-term service contract for the Lincs offshore wind farm off the northeast British coast. The 270-megawatt wind farm has been in service since 2013 and the contract follows the sale from partners Centrica an ... more
New York sets bar high for offshore wind

The answer is blowing in the wind

French power group aims to double wind capacity

AREVA to supply refueling equipment upgrades to TVA reactors
AREVA NP signed a multimillion-dollar agreement with the Tennessee Valley Authority (TVA) to provide fleet-wide refuel equipment upgrades. Under this contract, AREVA NP will upgrade existing refueling platforms, manipulator cranes, fuel transfer systems and used fuel bridge components. This modern equipment will help operators increase efficiency, strengthen performance and reduce time when rece ... more
Portugal protests against Spain nuclear waste near border

France sells off Engie stake to finance Areva rescue

UK asks regulators to assess Chinese nuclear reactor

Daily Newsletters - Space - Military - Environment - Energy

UK experts warn of Trump climate science clampdown
More than 100 of Britain's top climate scientists on Monday urged Prime Minister Theresa May to press US President-elect Donald Trump to safeguard government-led research on global warming. "We stand ready to support and assist our counterparts in the United States... in resisting any political attempts to prevent, hamper or interfere with vital research on climate change," they wrote in an ... more
On climate, top diplomat nominee says US must stay engaged

Obama again defends climate deal

Global warming hiatus disproved yet again

China 2016 auto sales surge at fastest in three years
Auto sales in China, the world's biggest car market, surged at their fastest in three years in 2016, an industry group showed Thursday, jumping nearly 14 percent after authorities slashed a purchase tax. The world's second-largest economy is crucial to global auto manufacturers, but the market took a hit from slowing economic growth in 2015. However a total of 28.03 million cars were sol ... more
Oslo temporarily bars diesel cars to combat pollution

US deal won't end 'dieselgate' pain for Volkswagen

NAVYA Self-driving shuttle goes to work in Las Vegas



In Iraq's Mosul, university a casualty of anti-IS war
Some buildings at the University of Mosul are charred by fires, others rigged with explosives, and bullets still periodically fly past a campus scarred by the battle for the city. The sound of a jet, the whoosh of a descending missile and the explosion as it hits home mark an air strike nearby that sends a stream of black smoke rising toward the grey clouds blanketing the sky over Mosul. ... more
Iraq forces retake IS-bombed 'Jonah's tomb' in Mosul

Life and business return to parts of Iraq's Mosul

IS resistance in Mosul is weakening: commander

Mogherini says EU to stand by Iran nuclear accord
EU foreign affairs head Federica Mogherini on Monday insisted the bloc will stand by the Iran nuclear accord, bluntly condemned by US President-elect Donald Trump, because it serves Europe's security needs. "It is proof that diplomacy works and delivers... The European Union will continue to work for the respect and implementation of this extremely important deal, most of all for our securit ... more
Obama warns Trump not to jettison Iran nuclear deal

A year after nuclear deal, Iran wary of rising US 'hostility'

Iran to buy 130 tonnes of uraniaum: nuclear official

Daily Newsletters - Space - Military - Environment - Energy

Hong Kong leadership hopeful pledges to heal city's 'heartache'
Hong Kong's tough former deputy leader Carrie Lam, widely seen as China's favourite in an upcoming election for the top post, pledged Monday to end the divided city's "heartache" as she announced her candidacy. Lam was deputy to the unpopular current chief executive Leung Chun-ying until she resigned to contest the poll, but is a less disliked figure. Leung is vilified by the city's pro ... more
Hong Kong activists declare 'war' after appeal bid snub

Lessons in respect at China's Confucius kindergartens

Taiwan says gang links in protest against HK activists

Uganda military denies Congolese rebels left camp
Uganda's military on Monday denied that armed Congolese rebels sheltering in the country had crossed back into the Democratic Republic of Congo, saying they were still in their camp. The DRC government said Sunday that at least 200 former members of M23, a mostly ethnic Tutsi rebel group defeated by the Congolese army three years ago, arrived from Uganda and took over a village in North Kivu ... more
Ivory Coast government and rebel troops reach deal

Congolese M23 rebels cross over from Uganda, 'clash with army'

Gambian crisis takes centre stage at Mali summit



Navy accepts its 50th P-8A Poseidon
The U.S. Navy has accepted its 50th P-8A Poseidon maritime patrol and reconnaissance and anti-submarine aircraft from Boeing. The plane, which will be part of an eventual fleet of 117 Poseidon aircraft, was delivered at Naval Air Station Jacksonville, Fla., earlier this month, U.S. Naval Air Systems Command reported. "I'd like to formally thank the team, including PMA-290, Boeing ... more
DARPA awards Sikorsky Phase 3 contract for ALIAS program

Eurofighter signs support deals for Typhoon fighters

GKN Aerospace continues Gripen's engine support program

Amazon to deliver 100,000 new US jobs
Amazon on Thursday unveiled plans to create 100,000 US jobs over the next 18 months, as President-elect Donald Trump presses the business world to boost activities on American soil. The US tech and retail giant's plan to bring its American workforce to over 280,000 is the latest - and largest - of a string of job-creation announcements as Trump prepares to take office on a promise to boost ... more
Chinese leader meets Davos elite as voters revolt

Bitcoin plunges as China investigates exchanges

Seagate to cut more than 2,000 China jobs: reports

Daily Newsletters - Space - Military - Environment - Energy

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

China muted after Tillerson vows islands blockade
China offered a muted response Thursday after Donald Trump's secretary of state pick Rex Tillerson warned the US would stop it from using its artificial islands in the South China Sea. Tillerson's comments, during his confirmation hearing in the US senate, are the latest salvo the Trump team has aimed at Beijing. "We're going to have to send China a clear signal that, first the island ... more
Lithuania to build fence on border with Russian exclave

EU 'has no need for outside advice,' France's Hollande says of Trump

US troops arriving in Poland draw Russian ire



Researchers develop environmentally friendly soy air filter
Washington State University researchers have developed a soy-based air filter that can capture toxic chemicals, such as carbon monoxide and formaldehyde, which current air filters can't. The research could lead to better air purifiers, particularly in regions of the world that suffer from very poor air quality. The engineers have designed and tested the materials for the bio-based filter a ... more
Judge orders Beirut dump shut after birds threaten flights

Study describes new method to remove nickel from contaminated seawater

E-waste rising dangerously in Asia: UN study

Nepal sacks quake reconstruction chief
Nepal on Wednesday sacked the chief of its earthquake reconstruction body, a move seen by critics as politically motivated and likely to further delay rebuilding following the April 2015 disaster. Sushil Gyewali was appointed head of the National Reconstruction Authority (NRA) a year ago after months of political wrangling over who should lead the agency. The NRA is tasked with spending ... more
Memory of lost Cyprus home haunts three generations

Six climbers die of cold climbing Guatemala volcano

Debt traps threaten Nepal quake victims



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