Oil News and Gas News
January 23, 2017
OIL AND GAS
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

OIL AND GAS
Schlumberger notches win in Norway
In 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
OIL AND GAS
Chinese growth, tight markets lift oil prices
A slight gain in the Chinese economy followed by a week of data supporting market balance sentiments lifted crude oil prices early Friday. ... more
OIL AND GAS
What oil and gas look like under Trump
Despite 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
OIL AND GAS
Tight market signs give boost to oil prices
Crude 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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OIL AND GAS
Saudi economic agenda tied to human rights
An 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
OIL AND GAS
Lundin Petroleum sharpens focus offshore Norway
Even 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
OIL AND GAS
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
OIL AND GAS
Russia's Gazprom shows gains on stronger European sales
Russia'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
OIL AND GAS
Former oil executive jailed for 12 years for graft
A 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

OIL AND GAS
Russia hints at economic stimulus
After 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
OIL AND GAS
North American rebound sends oil prices lower
An expected rebound in North American oil activity offset reported declines elsewhere to send crude oil prices sharply lower early Wednesday. ... more

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Populus dataset holds promise for biofuels, materials, metabolites
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

Asia Pacific to gain edge in low-carbon growth
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



Obama puts offshore North Carolina on wind energy map
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

Treated carbon pulls radioactive elements from water
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

Daily Newsletters - Space - Military - Environment - Energy

Al Gore beats the climate drum as Trump takes office
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

Society set for head-on collision with driverless cars
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



Iraq forces clear east Mosul ahead of push for west bank
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

UK govt accused of covering up failed nuclear missile test
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

Daily Newsletters - Space - Military - Environment - Energy

Hong Kong leader slams independence movement in final speech
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

The 5 previous West African military interventions
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



Discovery could lead to jet engines that run hotter - and cleaner
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 slows in 2016 with outlook uncertain
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

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

James Mattis sworn in as Trump's defense secretary
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



Advanced cookstoves provide environmental benefits, but less than expected
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 seek trapped miners in Peru
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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