Oil News and Gas News
February 07, 2017
OIL AND GAS
Low-cost imaging system detects natural gas leaks in real time



Washington DC (SPX) Feb 07, 2017
Researchers have developed an infrared imaging system that could one day offer low-cost, real-time detection of methane gas leaks in pipelines and at oil and gas facilities. Leaks of methane, the primary component of natural gas, can be costly and dangerous while also contributing to climate change as a greenhouse gas. "Despite methane gas being invisible to the eye, we have developed a method of color-coding this gas information and overlaying it onto a conventional camera image," said Dr. Graham ... read more

OIL AND GAS
Campus natural gas power plants pose no radon risks
When Penn State decided to convert its two power plants from their historic use of coal as a source of energy to natural gas, there was concern about radon emissions. Although radon is known to exis ... more
OIL AND GAS
Russian researchers developed high-pressure natural gas operating turbine-generator
Scientists of Peter the Great St. Petersburg Polytechnic University (SPbPU) developed turbo expander electric generator operating on high-pressure natural gas. Natural gas being compressed at the po ... more
OIL AND GAS
More gas from North Sea for Statoil
Norwegian energy company Statoil said Friday it found more gas in part of a field it discovered two years ago in the North Sea. ... more
OIL AND GAS
Russia predicts oil price ceiling at $60 per barrel
Oil prices might not break through a ceiling of $60 per barrel before 2019 and continue to present risks to Russia's economy, the Finance Ministry said. ... more
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OIL AND GAS
North American activity pulls oil prices lower
Number-crunching on the managed decline agreement from OPEC and a rise in North American drilling put pressure on oil prices early Monday. ... more
OIL AND GAS
Delek completes grab of North Sea player Ithaca
Delek Group, an Israeli energy company, said Monday it put more than $520 million on the table to take over rival oil producer Ithaca Energy Inc. ... more
OIL AND GAS
Norway's offshore service sector unites
Maneuvering through a weakened energy sector by joining forces is a "necessary" step for Norway's offshore service vessel market, executives said. ... more
OIL AND GAS
U.S. isolating itself, deputy Iranian petroleum minister says
It's Washington that sidelined U.S. energy companies from taking part in any upcoming contract talks for Iran, not Tehran, a petroleum minister said. ... more
OIL AND GAS
Iran thumbs nose at Washington on oil
Iran is still able to get its crude oil to the international market and increase production despite souring U.S. relations, an Iranian official said Friday. ... more
OIL AND GAS
Oil spill threatens India's nesting turtles
/> Hundreds of students and fishermen were working Friday to clean up an oil spill on India's southern coast that campaigners say threatens the turtles that nest there every year. The Indian Co ... more


Russia keeps key rate unchanged

OIL AND GAS
SocGen: U.S. oil market a bit bearish; Iran tensions lift prices slightly
The U.S. crude oil market is turning bearish as stockpiles build up in response to rising imports, a review of data from Societe Generale said. ... more
OIL AND GAS
Audit leaves Johan Svedrup estimate unchanged
Though it remains one of the larger prospects in the North Sea, appraisal data of the Johan Sverdrup field yielded no change in reserve estimates, Oslo said. ... more
OIL AND GAS
Vitol claims first for gas offshore Ghana
The christening of a floating production platform in Ghana could mark the dawn of a new era from its natural resource economy, energy company Vitol said. ... more
OIL AND GAS
Oil price ceiling may be approaching
A ceiling may be fast approaching for crude oil prices as U.S. supply pressures re-emerge in response to rising production, analysis find. ... more

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A better way to farm algae
Scientists have long known of the potential of microalgae to aid in the production of biofuels and other valuable chemicals. However, the difficulty and significant cost of growing microalgae have in some ways stalled further development of this promising technology. Bendy Estime, a biomedical and chemical engineering Ph.D. candidate, has devoted his research to this area, and developed a new te ... more
Cathay Pacific to cut emissions with switch to biofuel

DuPont Industrial Biosciences to develop new high-efficiency biogas enzyme method

Populus dataset holds promise for biofuels, materials, metabolites

NRDC: States should lead low-carbon economy
It may be up to the governments of U.S. states to take the lead in the effort to advance a low-carbon economy, the Natural Resources Defense Council said. A review of federal data from the NRDC finds the U.S. renewable energy sector was one of the largest job creators in recent years. The estimated 350,000 people tied to the solar energy sector is greater than some parts of the conventi ... more
Storing solar power increases energy consumption and emissions

Academics build ultimate solar-powered water purifier

Eltek to provide solar energy for hospitals in Zimbabwe under UNDP programme



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
Russia's nuclear giant pushes into wind energy

The power of wind energy and how to use it

Largest US offshore wind farm gets green light

Toshiba to stop building new nuclear plants: report
Japan's Toshiba is set to dramatically reduce its nuclear operations and stop building new atomic power plants after suffering billion of dollars of losses on US projects, a report said. The engineering conglomerate, a once proud pillar of corporate Japan, is undergoing major restructuring after an accounting scandal and huge losses in its nuclear business. The company now intends to ann ... more
Iran imports 149 tonnes of uranium from Russia: atomic chief

France's Areva picks up Japanese investors

Canada uranium supplier, Fukushima operator in contract fight

Daily Newsletters - Space - Military - Environment - Energy

Shifting monsoon altered early cultures in China
The annual summer monsoon that drops rain onto East Asia, an area with about a billion people, has shifted dramatically in the distant past, at times moving northward by as much as 400 kilometers and doubling rainfall in that northern reach. The monsoon's changes over the past 10,000 years likely altered the course of early human cultures in China, say the authors of a new study. Researche ... more
The ancient Indus civilization's adaptation to climate change

EU ahead of the curve on climate fight

Land-use change possibly produces more carbon dioxide than assumed so far

Chinese, Mexican automakers team up to make SUVs
China's JAC Motors and a Mexican firm are teaming up to invest $212 million in a plant to produce sport-utility vehicles in central Mexico, officials said Wednesday amid trade tensions with the United States. The deal will expand the capacity of a plant owned by the Mexican company, Giant Motors Latinoamerica, in Ciudad Sahagun, central Hidalgo state. Giant Motors director Elias Massri s ... more
Pedal power revival as bike-share apps race for glory

Dieselgate drags on for VW and Bosch with new payouts

Daimler to supply self-driving cars for Uber



Mosul residents outraged by IS 'hole fee'
Cash-strapped jihadists punching holes in people's homes to move across west Mosul undetected are now asking victims to pay for the labour, several residents said Sunday. The fee is a modest 7,000 Iraqi dinars (around five US dollars) but adds insult to injury, said residents of Mosul's west bank, where the Islamic State group is digging in for a planned offensive by the Iraqi security force ... more
NATO starts anti-IS bomb training in Iraq

Iraq faces massive challenge in Mosul offensive: UN envoy

Iraq family turned back by US says cleared for entry

N. Korea nuclear attack would trigger 'overwhelming response': Mattis
/> Any nuclear attack by North Korea would trigger an "effective and overwhelming" response, US Defence Secretary James Mattis said Friday as he sought to reassure Asian allies rattled by President Donald Trump's isolationist rhetoric. Mattis spoke in the South Korean capital of Seoul on the first overseas tour by a senior Trump administration official as concerns rise about the direction o ... more
Defiant Iran in missile exercise day after US sanctions

Trump slaps sanctions on Iran as tension mounts

VP Pence warns Iran against testing Trump's resolve

Daily Newsletters - Space - Military - Environment - Energy

Exile, jail, abduction: the hazardous lives of China's rich
The mysterious case of a billionaire who went missing from Hong Kong last week, reportedly abducted by mainland security agents, has underscored the precarious lives of China's ultra rich. Local media say financier Xiao Jianhua was last seen at his apartment in Hong Kong's Four Seasons hotel and is under investigation in connection with China's 2015 stocks crash. There is no shortage of ... more
Missing Chinese billionaire targeted over stocks crash: report

'Abduction' of China tycoon sparks fear in Hong Kong

Hong Kong leadership favourite testifies in corruption trial

A struggle for land and survival in Kenya's restive highlands
/> The broad plains of Mugie, a huge estate on a high plateau northwest of Mount Kenya, are crisscrossed with cattle trails and the wildlife is mostly gone. The knee-high grass remains, but not for long, reckons manager Josh Perrett. Tensions between semi-nomadic pastoralists and settled landowners are nothing new, nor is competition between livestock and wildlife, but in Kenya's centr ... more
Weapons seized from Gambia ex-leader's home: general

Shabaab attacks Kenya army base in Somalia

14 members of pro-govt militia killed in Mali attack



Lockheed trims costs for F-35, most expensive plane ever
Lockheed Martin and the Pentagon on Friday said the next batch of F-35 stealth fighters, the most expensive planes in history, will be produced at a reduced cost. They announced $728 million in savings after President Donald Trump publically upbraided Lockheed over "out of control" costs, although most of the savings were already planned ahead of his involvement, during a months-long contrac ... more
Canada negotiating F/A-18 Super Hornet buy

Russia to acquire new MiG-35 light fighters

UK's BAE Systems in deal with Turkey to develop new Turkish fighter jets

Top tech companies argue against Trump travel ban
Dozens of top tech companies - including Apple, Facebook, Google, Microsoft and Twitter - have filed a joint legal brief arguing against President Donald Trump's travel ban. The brief was filed late Sunday with the US Court of Appeals for the Ninth Circuit in support of an ongoing lawsuit against the ban. It charged that the ban "inflicts significant harm on American business, innovati ... more
One income for all: far-fetched, or future fact?

Chinese FM to visit Australia in wake of Trump tiff

India's techies fear US crackdown on high-skilled visas

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 warns US after Mattis says Senkakus covered by treaty
China warned the US Saturday it was risking instability in Asia after President Donald Trump's new defence secretary vowed to back Japan in any military clash with Beijing over a disputed island chain. The Senkaku Islands, known in China as the Diaoyus, are at the centre of a festering row between Tokyo and Beijing, which claims they have been part of Chinese territory for centuries. Wra ... more
China ships sail near disputed isles after Mattis visit: Japan

US-Japan alliance 'cornerstone' of stability: Mattis

Ukraine leader says will hold referendum on joining NATO



Philippine ministers say mine closure order will cost jobs
The Philippine environment minister's move to close some two dozen mines sparked concern Sunday among two of her colleagues, who said it could hit the economy and employment. The mining industry - accused of illegal tree felling and polluting rivers - has also questioned the order of Environment Secretary Gina Lopez. The Philippines is the world's top supplier of nickel ore and the mai ... more
Philippines closes 23 mines over damage to environment

Hungary court orders retrial over 2010 toxic spill

Defense mechanism employed by algae can effectively inhibit marine fouling

Six cosmic catastrophes that could wipe out life on Earth
If you ask yourself what the biggest threat to human existence is you'd probably think of nuclear war, global warming or a large-scale pandemic disease. But assuming we can overcome such challenges, are we really safe? Living on our blue little planet seems safe until you are aware of what lurks in space. The following cosmic disasters are just a few ways humanity could be severely endangered or ... more
Radiation level in Fukushima plant at record high

Climate change drove population decline in New World before Europeans arrived

Leidos receives CBRNE simulation task order



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