Oil News and Gas News
February 28, 2017
OIL AND GAS
Coming soon: Oil spill-mapping swarms of flying drones



Buffalo NY (SPX) Feb 28, 2017
Thousands of ants converge to follow the most direct path from their colony to their food and back. A swarm of inexpensive, unmanned drones quickly map an offshore oil spill. Each extremely complex task is accomplished by individuals following very simple rules. But to make the drones do it, a bit of nature's magic must be captured in a mathematical formula. "Nature may not proactively use mathematics, nor does it have foresight. It behaves in ways driven by feedback, implicit drive for adaptatio ... read more

OIL AND GAS
WSU research advances energy savings for oil, gas industries
Pullman WA (SPX) Feb 28, 2017
A Washington State University research team has improved an important catalytic reaction commonly used in the oil and gas industries. The innovation could lead to dramatic energy savings and reduced ... more
OIL AND GAS
Total sells off assets in Gabon for $350 million
Paris (UPI) Feb 27, 2017
French energy major Total said Monday it was unloading some of its mature assets in emerging West Africa to take advantage of market conditions. ... more
OIL AND GAS
Russia sees U.S. oil production as a lid on oil prices
London (UPI) Feb 27, 2017
Gains in oil production from the United States should establish a ceiling over crude oil prices on the global market, the head of Russia's Lukoil said Monday. ... more
OIL AND GAS
OPEC chatter again sparks a rally
New York (UPI) Feb 27, 2017
Investors on Monday focused more on OPEC possibilities than real-time trends elsewhere to send crude oil prices sharply higher in early trading. ... more
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OIL AND GAS
Wages improve in Norway's energy sector
Oslo, Norway (UPI) Feb 27, 2017
Preliminary data for the fourth quarter show wages in the oil, gas and mining sectors of the Norwegian economy increased, the government reported. ... more
OIL AND GAS
Iran, Russia review new oil arrangement
Moscow (UPI) Feb 27, 2017
Amendments to a 2014 proposal to swap oil for goods calls for the purchase of 100,000 barrels of oil per day from Iran, Russia's government said Monday. ... more
OIL AND GAS
Exxon extends life of Norwegian gas field
Stavanger, Norway (UPI) Feb 27, 2017
Consent was given to Exxon Mobil to extend the life of a natural gas field in the North Sea because of new production calculations, Norway's government said. ... more
OIL AND GAS
Oil giant taps China's vast geothermal reserves
Baoding, China (AFP) Feb 26, 2017
Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes. ... more
OIL AND GAS
OPEC: We're at 86 percent compliance to cuts
Vienna (UPI) Feb 24, 2017
Parties to an agreement to limit crude oil production starting in January were 86 percent in line with commitments, a joint OPEC, non-OPEC group said. ... more
OIL AND GAS
New oil, gas discovery confirmed in Barents Sea
Stavanger, Norway (UPI) Feb 24, 2017
A Norwegian energy regulator confirmed a new oil and natural gas discovery was made in the Barents Sea by a subsidiary of Lundin Petroleum. ... more


Saudi FM in first visit to Iraq since 2003

OIL AND GAS
Texas oil production down from 2015
Austin, Texas (UPI) Feb 24, 2017
If preliminary data are accurate, total Texas crude oil production for 2016 was down 10 percent from the previous year, the state government reported. ... more
OIL AND GAS
More than $9 million in penalties for fatal 2012 rig fire
Washington (UPI) Feb 24, 2017
Oilfield services company Wood Group agreed to pay $9.5 million in penalties related to a deadly 2012 offshore platform fire, the Justice Department said. ... more
OIL AND GAS
Oil prices end the week on a down note
New York (UPI) Feb 24, 2017
U.S. crude oil production levels weighed on the minds of investors early Friday, sending oil prices lower as OPEC monitors compliance with a production deal. ... more
OIL AND GAS
Canada's Husky Energy turns a profit
Calgary, Alberta (UPI) Feb 24, 2017
Canadian oil producer Husky Energy said Friday it managed to turn a profit in the fourth quarter on the back of steady gains in total production. ... more

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Scientists use nanoparticles, ultraviolet light to turn CO2 into fuel
Durham, N.C. (UPI) Feb 23, 2017
Scientists at Duke University have developed a new method for catalyzing the conversion of carbon dioxide into methane, a component of many alternative fuels. The reaction is bolstered by the presence of rhodium nanoparticles and ultraviolet light. Rhodium is known to accelerate, or catalyze, a variety of reactions used for industrial processes, but the energy boost offered by the rare ... more
Edmonton, Alberta (UPI) Feb 10, 2017
Alberta backing bioenergy programs
Syracuse NY (SPX) Feb 01, 2017
A better way to farm algae
Leiden, The Netherlands (SPX) Jan 31, 2017
DuPont Industrial Biosciences to develop new high-efficiency biogas enzyme method
Prime Road and First Solar complete 18MW of Thai solar farms
Bangkok, Thailand (SPX) Feb 24, 2017
Prime Road Group and First Solar, Inc. (Nasdaq: FSLR) welcome the completion of four solar farms totaling 18 megawatts (MWDC) of capacity in Thailand. Located across the Ayutthaya and Pathum Thani Provinces, the Prime Road Group Co-Op Project (Project) utilizes more than 158,500 First Solar thin-film photovoltaic (PV) modules to produce approximately 29,600 megawatt-hours (MWh) of clean electric ... more
Washington (UPI) Feb 22, 2017
U.S. renewables a job engine, trade groups say
Zug, Switzerland (SPX) Feb 24, 2017
meeco installed biggest solar energy plant in Zimbabwe
London, UK (SPX) Feb 28, 2017
Lightsource Renewable Energy acquires residential portfolio


US grid can handle more offshore wind power
Newark DE (SPX) Feb 22, 2017
Injecting large amounts of offshore wind power into the U.S. electrical grid is manageable, will cut electricity costs, and will reduce pollution compared to current fossil fuel sources, according to researchers from the University of Delaware and Princeton University who have completed a first-of-its-kind simulation with the electric power industry. The researchers consulted with PJM Inte ... more
Lansing, Mich. (UPI) Feb 16, 2017
Michigan meets renewable energy targets
Stavanger, Norway (UPI) Feb 9, 2017
British grid drawing power from new offshore wind farm
Milan, Italy (SPX) Jan 31, 2017
Prysmian UK to supply land cable connections for East Anglia ONE offshore wind farm
Iran requests 950 tonnes of uranium from Kazakhstan
Tehran (AFP) Feb 25, 2017
Iran's nuclear chief said Saturday that the country had requested to buy 950 tonnes of uranium concentrate from Kazakhstan over the next three years to help develop its civil reactor programme. The request has been made to the body that oversees the nuclear deal signed between Iran and world powers in 2015. Ali Akbar Salehi, head of Iran's Atomic Energy Organisation, told the ISNA news ... more
Pullman WA (SPX) Feb 28, 2017
Researchers find new clues for nuclear waste cleanup
Frankfurt Am Main (AFP) Feb 22, 2017
German energy giant RWE posts 5.7-bln-euro loss in 2016
Moscow (Sputnik) Feb 22, 2017
Russia's Rosatom Subsidiaries Produced 7,900 Tonnes of Uranium in 2016
Daily Newsletters - Space - Military - Environment - Energy

Just how early is spring arriving in your neighborhood
Washington DC (SPX) Feb 28, 2017
Even Punxsutawaney Phil can't be blamed for being baffled this year and hightailing it back to his burrow. He predicted six more weeks of winter on Feb 2, but by then spring was already springing well ahead of historical norms in much of the USA. While we've known for a over a decade now that climate change is variably advancing the onset of spring across the United States, a new set of ma ... more
Exeter, UK (SPX) Feb 22, 2017
Warming ponds could accelerate climate change
Quixeramobim, Brazil (AFP) Feb 21, 2017
Brazil's poorest region suffers worst drought in a century
Paris (AFP) Feb 16, 2017
Climate study delivers dire warning on Alpine snow
Kymeta aimes to deliver terabyte connectivity to the car of the future
Redmond WA (SPX) Feb 24, 2017
Kymeta, has announced that its 20 cm mTenna satellite antenna subsystem module (ASM) for the consumer connected car industry, successfully connected to the Intelsat satellite constellation. This successful test continues Kymeta's progress toward bringing high throughput, secure mobile connectivity to the automotive industry and follows the partnership announced with Toyota Motor Corporation at t ... more
San Francisco (AFP) Feb 23, 2017
Tesla slips back into red but revenue grows
Hanover NH (SPX) Feb 17, 2017
Roads are driving rapid evolutionary change in our environment
Atlanta GA (SPX) Feb 17, 2017
Four-stroke engine cycle produces hydrogen from methane and captures CO2


Iraq forces reach key Mosul bridge
South Of Mosul, Iraq (AFP) Feb 27, 2017
Iraqi forces battling the Islamic State group in west Mosul reached the city's southernmost bridge Monday, a key step in efforts to defeat the jihadists in their stronghold, a spokesman said. The move, a little more than a week into a major push on Mosul's west bank, could allow Iraqi forces to extend a floating bridge between the city's two halves and pile pressure on the jihadists. "Th ... more
Mosul, Iraq (AFP) Feb 26, 2017
Iraq forces in west Mosul aim for key bridge
Mosul, Iraq (AFP) Feb 24, 2017
Ululations, pleas for cigarettes as Iraq forces enter Mosul
Mosul Airport, Iraq (AFP) Feb 23, 2017
Iraq forces enter IS-held Mosul airport
Lockheed Martin to relocate Fleet Ballistic Missile program
Sunnyvale, CA. (UPI) Feb 24, 2017
Lockheed Martin plans to relocate its Fleet Ballistic Missile program in a move the company says will cut costs for its customers. The move will take place over the course of eight years. Approximately 650 positions from Lockheed Martin's Space Systems facility in Sunnyvale, Calif., will relocate to other company facilities in Florida and Colorado. "We value the deep expertise of ... more
Seoul (AFP) Feb 24, 2017
N. Korea has large chemical weapons stockpile: Seoul
Vienna (AFP) Feb 24, 2017
Iran complying with nuclear deal, says UN watchdog
Seoul (AFP) Feb 23, 2017
S. Korea blasts news of Kim murder via loudspeaker to North: report
Daily Newsletters - Space - Military - Environment - Energy

Convicted ex-Hong Kong leader jailed 20 months for misconduct
Hong Kong (AFP) Feb 22, 2017
Former Hong Kong leader Donald Tsang was sentenced to 20 months in prison on Wednesday after a high-profile corruption trial found him guilty of misconduct during his time at the helm of the city. Tsang, 72, who held the leadership post of chief executive for seven years from 2005, is the most senior city official ever to be convicted in a criminal trial and the highest ranking one to be pu ... more
Beijing (AFP) Feb 23, 2017
China muzzles feminist group over anti-Trump posts
Shanghai (AFP) Feb 22, 2017
China selfie-app leader seeks to 'beautify the world'
Hong Kong (AFP) Feb 22, 2017
Over 30,000 gather to support jailed Hong Kong cops: reports
16 killed in three days of DR Congo clashes
Goma, Dr Congo (AFP) Feb 23, 2017
Sixteen people have been killed in three days of fighting this week that pitted the Democratic Republic of Congo's army against a rebel militia, a military spokesman told AFP Thursday. Guillaume Djike, a spokesman for the army in troubled North Kivu province in the east of the nation, said 16 people had been killed from Monday to Wednesday, while five rebels from the M23 militia had been cap ... more
Niamey (AFP) Feb 26, 2017
France sends backup to Niger after 16 troops killed
Bangui, CAR (AFP) Feb 26, 2017
UN airstrikes in C.Africa target 'heavily armed' militia
Abidjan (AFP) Feb 22, 2017
I.Coast hosting bid to save its last chimpanzees


NASA-funded balloon recovered a year after flight over Antarctica
Greenbelt MD (SPX) Feb 27, 2017
For 12 days in January 2016, a football-field-sized balloon with a telescope hanging beneath it floated 24 miles above the Antarctic continent, riding the spiraling polar vortex. On Jan. 31, 2016, scientists sent the pre-planned command to cut the balloon - and the telescope parachuted to the ground in the Queen Maud region of Antarctica. The telescope sat on the ice for an entire year. ... more
Madrid (AFP) Feb 24, 2017
Madrid invites Airbus CEO to debrief on military plane woes
Cleveland OH (SPX) Feb 27, 2017
NASA wind tunnel tests Lockheed Martin X-Plane concept
Moscow (Sputnik) Feb 28, 2017
Russia's future stealth bomber would replace Tu-22, Tu-95 and Tu-160 planes
Global art sales plummet, China biggest market: report
Paris (AFP) Feb 27, 2017
Global art sales plunged in 2016 as the number of high-value works sold dropped by half, while China regained its status as the world's top market, Artprice said in an annual report released Monday. Art auctions worldwide totalled $12.5 billion (11.8 billion euros) last year, down 22 percent from $16.1 billion in 2015, it said. The world's biggest database for art prices and sales, worki ... more
Frankfurt Am Main (AFP) Feb 24, 2017
China overtakes US as Germany's top trade partner
Beijing (AFP) Feb 24, 2017
China selects new chiefs for top economic posts
Washington (AFP) Feb 23, 2017
US Treasury's Mnuchin dials back Trump economic promises
Daily Newsletters - Space - Military - Environment - Energy

Property and credit booms stablise China growth
Beijing (AFP) Oct 19, 2016
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
New York (AFP) Oct 14, 2016
China data and US banks propel equities higher
Beijing (AFP) Oct 11, 2016
No debt-for-equity cure for zombie firms, says China
Beijing (AFP) Oct 13, 2016
China's ranks of super-rich rise despite economic slowdown
US Air Force general urges better communication with Russia in Syria
Washington (AFP) Feb 24, 2017
The US-led coalition bombing the Islamic State group in Syria needs better communication with the Russian military and other regional players, a top US Air Force general said Friday. General Herbert "Hawk" Carlisle, who heads the Air Combat Command, said air space is getting increasingly congested as IS loses territory and efforts against the group focus on smaller areas. "By definition, ... more
Washington (AFP) Feb 27, 2017
Trump eyes jump in defense spending
Colombo (AFP) Feb 26, 2017
Sri Lanka slams lawyers over 'Snowden refugee' claims
Washington (AFP) Feb 23, 2017
China continues 'steady pattern' of S.China Sea militarization: experts


Study finds high levels of toxic chemicals in house cats
Stockholm (UPI) Feb 24, 2017
Your cat is a repository for chemicals in your home. As scientists suspected, tests show harmful chemicals can accumulate in the blood of healthy cats. Researchers measured significantly elevated levels of brominated flame retardants, BFRs, in feline blood samples. BFRs are a class of chemical compounds used to make electronics, clothes and furniture less combustible. Studies have shown ... more
Geneva (AFP) Feb 21, 2017
Tiny plastic particles from clothing, tyres clogging oceans: report
Manila (AFP) Feb 23, 2017
Ex-yoga missionary unleashes rage on Philippine miners
Hanoi (AFP) Feb 22, 2017
Vietnam to punish officials over mass fish deaths
Berlusconi lunch on auction to help Italy quake victims
Rome (AFP) Feb 23, 2017
Fancy a lunch with Silvio Berlusconi, the billionaire media tycoon and disgraced ex-prime minister of Italy? You'll be helping the country's earthquake victims if you're ready to pay the price. The Italian Red Cross and CharityStars, a fund-raising website, is auctioning off a "business lunch" in Milan with 80-year-old Berlusconi, who faced a string of legal cases before being convicted of c ... more
Les Cayes, Haiti (AFP) Feb 27, 2017
Haitians' ire over carnival spending amid hurricane's ruins
Rio De Janeiro (AFP) Feb 24, 2017
Rio sets aside recession, violence fears for carnival
Ottawa (AFP) Feb 25, 2017
Canada conservationist warns of 'cyber poaching


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