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Statoil finds faults after safety review![]() Washington DC (UPI) Jan 20, 2017 Norwegian energy company Statoil revealed Friday that operational and maintenance oversight could be stronger in a review of offshore incidents last year. Statoil in October lost control of a well at the Troll field and later that month reported a hydrogen leak because of external corrosion of a pipe at the Mongstand processing complex. No injuries were reported in either incident. On the Troll incident, the company said its own internal investigation found it could have resulted ... read more |
Schlumberger notches win in NorwayIn a sign of further market recovery, oilfield services company Schlumberger said it secured its second batch of work of the year from Norway's Statoil. ... more
Chinese growth, tight markets lift oil pricesA slight gain in the Chinese economy followed by a week of data supporting market balance sentiments lifted crude oil prices early Friday. ... more
What oil and gas look like under TrumpDespite Donald Trump's vocal support for the U.S. oil and gas industry, it's market and global factors that have influence, sector analysis finds. ... more
Tight market signs give boost to oil pricesCrude oil prices recovered some lost ground in early Thursday trading after the International Energy Agency found signs of market tightening. ... more |
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Saudi economic agenda tied to human rightsAn economic agenda in Saudi Arabia, Vision 2030, which aims to boost non-oil revenue could lead to a better human rights record, the United Nations said. ... more
Lundin Petroleum sharpens focus offshore NorwayEven though it was forced to take a hit on fourth quarter results, Lundin Petroleum said it was primed for growth as it focuses heavily on offshore Norway. ... more
IEA: U.S. shale oil 'leaner and fitter'The U.S. shale oil industry has emerged from the recent market contraction leaner and more efficient, the International Energy Agency said. ... more
Russia's Gazprom shows gains on stronger European salesRussia's state-control natural gas company Gazprom said Thursday it posted a profit for the third quarter on the back of stronger European sales. ... more
Former oil executive jailed for 12 years for graftA former top official with state-owned China National Petroleum Corp (CNPC) was sentenced to 12 years for corruption Thursday, the latest prison term meted out to one-time allies of the country's jailed ex-security chief. ... more |
![]() So-so future for British North Sea
Russia hints at economic stimulusAfter hinting at a new tax policy on the oil industry, the Russian government said nearly $2 billion will be set aside to help the economy. ... more
North American rebound sends oil prices lowerAn expected rebound in North American oil activity offset reported declines elsewhere to send crude oil prices sharply lower early Wednesday. ... more |

Researchers at the Department of Energy's Oak Ridge National Laboratory (ORNL) have released the largest-ever single nucleotide polymorphism (SNP) dataset of genetic variations in poplar trees, information useful to plant scientists as well as researchers in the fields of biofuels, materials science, and secondary plant metabolism.
For nearly 10 years, researchers with DOE's BioEnergy Scie ... more Handheld Sensor Unit Determines Biofuel Content Of Diesel Blends Dual-purpose biofuel crops could extend production, increase profits Iowa State engineer helps journal highlight how pyrolysis can advance the bioeconomy |
It will be the economies in the Asia Pacific region that could gain the global edge in clean energy technology in the age of protectionism, a consultant said.
Donald Trump vowed to make the United States energy independent by unraveling what his advisors see as burdensome regulations enacted by his predecessor, Barak Obama. While making reference to a need for alternative options, most ... more Rooftop Solar in the Spotlight at the World Future Energy Summit Solar Expo Astronergy receives licence to import 100 MW of solar modules to Turkey Report details how renewables can decarbonise the energy sector |
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Thousands of acres offshore North Carolina are set aside for potential wind energy in one of the final moves under the Obama presidency, the government said.
"This is a significant milestone for North Carolina and our country as we continue to make progress on diversifying our nation's energy portfolio," Walter Cruickshank, the acting director of the Bureau of Ocean Energy Management, s ... more Renewables a big boost for GE's profits Essen, Germany wins greenest city honors DNV GL certifies new prototype of Siemens' 8 MW Offshore Wind Turbine |
Researchers at Rice University and Kazan Federal University in Russia have found a way to extract radioactivity from water and said their discovery could help purify the hundreds of millions of gallons of contaminated water stored after the Fukushima nuclear plant accident.
They reported that their oxidatively modified carbon (OMC) material is inexpensive and highly efficient at absorbing ... more AREVA to supply refueling equipment upgrades to TVA reactors Portugal protests against Spain nuclear waste near border France sells off Engie stake to finance Areva rescue |
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A decade after "An Inconvenient Truth" sent shockwaves around the world with its dire warnings of environmental catastrophe, Al Gore is sounding the alarm on climate change again.
This time, the stakes are arguably higher with the US inauguration of Donald Trump, who has dismissed global warming as a fraud invented by the Chinese and nominated climate change skeptic Scott Pruitt to head the ... more Climate science bedeviled by 'tipping points' Study forecasts balmier England, even hotter Mumbai UK experts warn of Trump climate science clampdown |
Evangelists for driverless cars see a bright future coming down the road: thousands of lives saved, countless driving hours freed up, cityscapes transformed with traffic jams vanquished.
But the new technology also threatens millions of jobs and raises a slew of ethical dilemmas - prospects that were on the minds of business chiefs and politicians meeting at the World Economic Forum this we ... more New Zealand stimulates electric vehicle market German MPs to grill VW ex-boss over 'Dieselgate' US closes probe into fatal Tesla autopilot crash, no defect found |
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Iraqi forces battled the last holdout jihadists in east Mosul Thursday after commanders declared victory there and quickly set their sights on the city's west, where more tough fighting awaits.
The announcement that the left bank of the Tigris River that divides Mosul had been retaken was a key milestone in an offensive that began three months ago but could yet last several more.
Staff G ... more In Iraq's Mosul, university a casualty of anti-IS war Iraq forces retake IS-bombed 'Jonah's tomb' in Mosul Life and business return to parts of Iraq's Mosul |
The British government was accused on Sunday of covering up a failed test of its nuclear weapons deterrent last year, just weeks before lawmakers voted to renew the system.
Prime Minister Theresa May refused to say whether she knew about the reported malfunction of an unarmed missile when she urged MPs to support updating the Trident nuclear system.
The Sunday Times newspaper, citing a s ... more Trump to take charge of nuclear 'football' N. Korea preparing to launch new missiles: report Xi calls for world without nuclear weapons |
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Hong Kong's unpopular pro-Beijing leader Leung Chun-ying faced protests Wednesday as he spoke out against the city's independence movement in his final policy address.
Leung will step down in July after a four-year term marked by anti-Beijing rallies as fears grow that Chinese authorities are squeezing Hong Kong's freedoms.
Frustration at lack of political reform has sparked movements s ... more Hong Kong's 'Mr Pringles' announces leadership bid Robert Chow: Hong Kong's pro-Beijing firebrand Hong Kong activists declare 'war' after appeal bid snub |
West African nations have a long history of sending their military forces to intervene in neighbouring countries, under the umbrella of a regional cooperation bloc.
Created in 1975, the Economic Community of West African States (ECOWAS) focuses mainly on resolving regional conflicts.
In the case of The Gambia, where ECOWAS has temporarily suspended a military operation, the bloc has thr ... more Gambia army chief says troops will not fight intervention I.Coast rocked by protests as deadly army mutiny spreads New Gambia president demands army loyalty |
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Researchers here have made a discovery in materials science that sounds like something from the old Saturday morning cartoon Super Friends: They've found a way to deactivate "nano twins" to improve the high-temperature properties of superalloys that are used in jet engines.
The advance could speed the development of powerful and environmentally friendly turbine engines of all sorts, includ ... more Northrop Grumman, Lufthansa partner for Australian tanker support Israeli air force conducts first F-35 night sortie MH370: what's next in hunt for missing airliner |
Chinese growth hit its weakest rate for more than a quarter-century last year but while Friday's data pointed to stability in the world's number two economy, Beijing faces an uncertain outlook that could see a trade stand-off with Donald Trump.
After a tumultuous start to 2016, a flood of stimulus ensured the government hit its annual growth target and even recorded a quarterly pick-up for t ... more Alibaba's Ma makes star turn as Davos pivots to China New UN chief at Davos seeks allies in business China-backed trade pact gains as Trump threatens to ditch TPP |
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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 |
Retired Marine general James Mattis was sworn in Friday as US defense secretary, praising intelligence agencies and calling for stronger ties with allies in a break from positions taken by President Donald Trump.
Mattis was confirmed by a 98-1 vote earlier Friday in the first action taken by US senators after Trump took the oath of office, and was sworn in by Vice President Mike Pence.
" ... more Trump aims for 'unquestioned' US military dominance Japan to conduct simulated drills for China-Taiwan clash Pentagon prepares new military options for Trump |
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Researchers from North Carolina State University and the Liverpool School of Tropical Medicine have found that while advanced wood-burning cookstoves can provide benefits to the environment and climate, these benefits are less than expected due to higher emissions measured in the field compared to laboratory settings. The study, conducted in rural Malawi, found that pollutant emissions from thes ... more China tells local meteorological bureaus to stop smog alerts Trump could enact sweeping changes to environment policy Researchers develop environmentally friendly soy air filter |
Rescuers in Peru were working Friday to save seven miners trapped for nearly four days by a landslide, the emergency services said.
An avalanche of mud and rocks driven by heavy rain trapped the men on Monday in the mine where they were working in the southern Acari district.
"Rescue work is continuing," Jacqueline Choque, head of emergency operations for the surrounding Arequipa region, ... more Nigeria botched air strike may have killed up to 236 people Nigeria plans inquiry into botched air strike Lice, lung troubles plague migrants in freezing Serbia |
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