Oil News and Gas News
January 31, 2017
OIL AND GAS
Arctic oil production more than doubled, Russia says



Moscow (UPI) Jan 30, 2017
Russian oil company Gazprom Neft said its production from a field in Arctic waters more than doubled from levels reported in 2015. The company said total production from the Prirazlomnaya oil field in the Russian waters above the Arctic Circle totaled 15.7 million barrels for full-year 2016, an increase from the 5.8 million recorded the previous year. Prirazlomnoye is the first and only field in production in the Russian Arctic. Commercial oil production started in late 2013 and the firs ... read more

OIL AND GAS
EIA: Mexico a top U.S. gas export destination
Even as the Trump administration threatened to tighten U.S.-Mexican trade policy, an Energy Department review said Mexico will remain a top fuel export market. ... more
OIL AND GAS
Oil prices flat, caught in tug-of-war
Crude oil prices started Monday in weak rally mode amid a tug-of-war in a market characterized by competing supply narratives. ... more
OIL AND GAS
Both sides of the border praise Keystone XL
U.S. and Canadian trade groups said building the Keystone XL oil pipeline to southern U.S. ports was critical for the region's energy infrastructure. ... more
OIL AND GAS
Iran ships condensate to Japan
State-backed media in Iran reported Friday that the country has started shipments of an ultra-light form of oil to the Japanese market. ... more
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OIL AND GAS
Lebanon committed to oil, gas transparency
Transparency is a top priority for a Lebanese government looking to bring bidders back to its offshore oil and gas reserves, the energy minister said. ... more
OIL AND GAS
More drilling anticipated for New Zealand
Australian energy company Melbana said Monday it was anticipating drilling success closer to home in New Zealand while keeping its eye on Cuban reserves. ... more
OIL AND GAS
Lundin cleared for more drilling offshore Norway
The Norwegian government signed off on plans for appraisals of one of the larger oil fields in its territorial waters, Edvard Grieg ... more
OIL AND GAS
InterOil lobbies for proposed Exxon acquisition
An energy company with a sole focus on gas in Papua New Guinea said it was urging its shareholders to vote in favor of a merger with Exxon Mobil. ... more
OIL AND GAS
Enbridge Energy Partners still reviewing its options
Enbridge Energy Partners said it expects its near-term profitability to remain within guidance, but external pressures mean a strategic review is necessary. ... more


DNV GL: Modest optimism for energy year ahead

OIL AND GAS
Libya's oil sector may be opening to foreigners
Libya plans to start opening the doors to foreign investors that may be ready to step back into the country's oil sector, a national oil company announced. ... more
OIL AND GAS
This is our year, Hess Corp. says
Though production was lower during the fourth quarter, U.S. energy company Hess Corp. said 2017 was evolving so far as a year of transformation. ... more

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DuPont Industrial Biosciences to develop new high-efficiency biogas enzyme method
DuPont Industrial Biosciences has been awarded a grant from the European Commission to demonstrate high-efficiency enzyme production to increase biogas yields as part of the DEMETER project, funded from the Bio Based Industries Joint Undertaking under the European Union's Horizon 2020 Research and Innovation program. Enzyme technology has been proven to improve biogas yields and process robustne ... more
Populus dataset holds promise for biofuels, materials, metabolites

Handheld Sensor Unit Determines Biofuel Content Of Diesel Blends

Dual-purpose biofuel crops could extend production, increase profits

Scientists lay foundations for new type of solar cell
An interdisciplinary team of researchers has laid the foundations for an entirely new type of photovoltaic cell. In this new method, infrared radiation is converted into electrical energy using a different mechanism from that found in conventional solar cells. The mechanism behind the new solid-state solar cell made of the mineral perovskite relies on so-called polaron excitations, which combine ... more
Eltek to provide solar energy for hospitals in Zimbabwe under UNDP programme

100 percent renewable energy sources require overcapacity

France issues first 'green bonds' with record 7 bln euro sale



Prysmian UK to supply land cable connections for East Anglia ONE offshore wind farm
Prysmian Group, world leader in the energy and telecom cable systems industry, has secured a Pounds 27 million contract with East Anglia One Limited to supply and install the land cable connection for the East Anglia ONE offshore wind farm. Comprising of 102 turbines, the Pounds 2.5 billion wind farm will generate sufficient electricity to power 500,000 homes. The contract involves the ... more
Largest US offshore wind farm gets green light

The power of wind energy and how to use it

Renewables a big boost for GE's profits

Georges Besse II plant reaches full enrichment capacity
The AREVA Georges Besse II enrichment plant successfully reached its full production capacity of 7.5 million SWUs1 in 2016, on schedule as planned. The plant has gradually been able to ramp up its activity thanks to the modularity of its production process. The most recent qualification tests carried out have confirmed the performance capabilities of the plant's equipment with its industri ... more
France takes key step towards closing ageing nuclear plant

International partnerships vital for UK nuclear energy

New technique could lead to safer, more efficient uranium extraction

Daily Newsletters - Space - Military - Environment - Energy

17 million face hunger in Horn of Africa due to drought
With very little rain in the last weeks and none expected for two months, more than 17 million people face hunger in the Horn of Africa, the UN food agency warned Sunday. Severe drought since the failure of October-December rains is ravaging Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda, the Food and Agricultural Organization (FAO) said in a statement. "The t ... more
Florida corals tell of cold spells and dust bowls past, foretell weather to come

Study reveals that climate change could dramatically alter fragile mountain habitats

The ancient Indus civilization's adaptation to climate change

German prosecutors say probing former VW CEO for fraud
German prosecutors said Friday they were investigating Volkswagen's former chief executive Martin Winterkorn on suspicion of fraud over the "dieselgate" emissions cheating scandal, dealing a blow to the auto giant's attempts to move on from the crisis. Investigators say they have "sufficient indications" that Winterkorn may have known earlier than he has so far admitted about the cheating, a ... more
Paris experiments with driverless buses

Society set for head-on collision with driverless cars

New Zealand stimulates electric vehicle market



Jihadist rule in Mosul sparked backlash against religion
In recaptured areas of Mosul, the extreme interpretation of Islam that jihadists forced on the local population for more than two years has sparked a backlash against religious observance. After the Islamic State group seized the city in June 2014, it made prayers compulsory for people who were outside their homes, banned smoking, mandated beards for men and veils for women, smashed artefact ... more
Iraq calls on US to review 'wrong' travel ban

Iraq calls on US to review 'wrong' travel ban

Trump's travel ban blocks Iraqi family's move to US

Say Hello to China's ICBMs
China's alleged deployment of a DF-41 strategic ballistic missile brigade to Heilongjiang province, bordering Russia, triggered a fascinating spectacle; how to spin - or not to spin - what necessarily represents a milestone in Russia-China's strategic partnership. The Global Times stressed Hong Kong and Taiwan media interpreted pictures of the DF-41 were taken in Heilongjiang, admitting th ... more
Charles Stark Draper Lab tapped for Trident guidance system production

Symbolic 'Doomsday Clock' moves closer to midnight

Iran warns US to not create tensions; Russia says missile tests allowed

Daily Newsletters - Space - Military - Environment - Energy

China sentences former senior official to life term for graft
A Chinese court Monday sentenced a former top official to life in prison for corruption involving millions of dollars, the latest high-profile conviction in President Xi Jinping's crackdown on graft. Su Rong, 66, was a vice chairman of the Chinese People's Political Consultative Conference (CPPCC), a discussion body that is part of the Communist Party-controlled government structure. He ... more
Hong Kong leadership favourite testifies in corruption trial

Trump to ruffle feathers in Year of the Rooster

2016 baby bump after China relaxes one-child rule

Shabaab attacks Kenya army base in Somalia
Islamist Shabaab fighters attacked a Kenyan military base in southern Somalia on Friday in the second assault by the Al-Qaeda linked group this week. The attack on the Kenya Defence Forces (KDF) base at Kolbiyow, close to the Kenyan border in Somalia's Lower Juba region, began with suicide truck bombers blasting their way into the camp, followed by militants attacking from different directio ... more
Weapons seized from Gambia ex-leader's home: general

14 members of pro-govt militia killed in Mali attack

The 5 previous West African military interventions



State Dept. approves $525 million aerostat sale to Saudi Arabia
The U.S. State Department has approved the possible sale of Persistent Threat Detection System Aerostats to the Kingdom of Saudi Arabia. The proposed sale under the U.S. Foreign Military Sales program carries an estimated value of $525 million. The U.S. Defense Security Cooperation Agency, which manages the FMS program, said in its notification to Congress that Saudi Arabia's pro ... more
KAI taps Texstars to develop KF-X fighter transparencies

Saudi Arabia unveils next-generation F-15 warplane

Pentagon chief orders review of F-35 fighter program

Japan posts first annual trade surplus since Fukushima
Japan on Wednesday reported its first annual trade surplus since the 2011 Fukushima nuclear disaster sent the country's energy import bills soaring. The government trade data showed imports in 2016 fell nearly 16 percent, mainly due to the falling cost of crude oil and liquified natural gas. That left Japan with a 4.07 trillion yen ($35.8 billion) annual trade surplus last year, the firs ... more
An uneasy Silicon Valley denounces Trump immigration ban

EU envoy says China must open market to match soaring words

Australia opens door to China in push to save 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

In one week, Trump shakes up Washington and the world
Donald Trump hurtled through his first week in power, punching out at critics, dishing up "alternative facts," polarizing public opinion and making good on an electoral promise to shake up Washington. One week into the Trump era and there is a serious case of political whiplash in America's capital. Just a week ago, an outsider who never before held elected office rode into town. Seven d ... more
NATO, Trump both want dialogue with Russia: Stoltenberg

Greek, Turkish warships in brief faceoff near Greek islets

Trump, Merkel agree on NATO's 'fundamental importance'



Toxic mercury in aquatic life could spike with greater land runoff
A highly toxic form of mercury could jump by 300 to 600 percent in zooplankton - tiny animals at the base of the marine food chain - if land runoff increases by 15 to 30 percent, according to a new study. And such an increase is possible due to climate change, according to the pioneering study by Rutgers University and other scientists published in Science Advances. "With climate change, w ... more
Synthetic chemicals: Ignored agents of global change

How India's 'Garden City' became garbage city

Cookware made with scrap metal contaminates food

Leidos receives CBRNE simulation task order
Leidos has received a task order to provide modeling and simulation support for the U.S. Defense Threat Reduction Agency. Under the contract, which contains two options with the potential to raise its value to $17 million, the company will provide simulation services for assessing chemical, biological, radiological, nuclear and explosive threats, or CBRNE. The task order was awar ... more
Anguish and miracles: avalanche dramas captivate Italy

Hollande urges Trump to 'respect' principle of accepting refugees

Haitians face deportation as 2010 quake reprieve expires



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