Oil News and Gas News
March 02, 2017
OIL AND GAS
Total teams up with Brazil's Petrobras



Brasilia, Brazil (UPI) Mar 1, 2017
French energy company Total announced alongside its Brazilian counterpart, Petrobras, both sides were teaming up in a $2.25 billion joint venture agreement. "These new partnerships together with a reinforced technological cooperation should create significant synergies and values, mutualizing our operational excellence and further reducing costs on our joint projects for the benefit of both companies," Total CEO Patrick Pouyanne and Petrbras CEO Pedro Parente said in a joint statement. T ... read more

OIL AND GAS
Oil prices inch up cautiously in data waiting game
New York (UPI) Mar 1, 2017
Crude oil prices fought off competing production narratives in early Wednesday trading to inch higher, but U.S. supply data could set the tone later in the day. ... more
OIL AND GAS
What about offshore, oil industry asks Trump
Washington (UPI) Mar 1, 2017
Despite general White House support for the oil and gas sector, a trade group said more than 90 percent of the reserves offshore remain off limits to producers. ... more
OIL AND GAS
New Norwegian Sea drilling expected
Stavanger, Norway (UPI) Mar 1, 2017
Statoil was granted preliminary approval to start a new drilling campaign near an existing oil and gas field in the Norwegian Sea, the government said. ... more
OIL AND GAS
After oil deal, Russia backs Libyan autonomy
Moscow (UPI) Mar 1, 2017
Weeks after wading into its oil sector, and on the eve of a state visit, a Kremlin spokesman said Libya should be free from foreign intervention. ... more
Previous Issues Mar 01 Feb 28 Feb 27 Feb 24 Feb 23
OILGASDAILY

Advertise at Space Media Network Directed Energy And Next Generation Munitions - Jun 25-26 - On Line Event
DSI's 2nd DoD Hypersonic Capabilities Symposium Jul 20-21, 2020 Alexandria, VA
Human 2 Mars Summit - Washington DC - Aug 31 - Sep 01, 2020
Hypersonic Weapons Summit 2020 | Oct 28 - Oct 30 | Washington DC
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
Iran inks oil agreements with Austria
Vienna (UPI) Mar 1, 2017
An Iranian leader reached an agreement with his Austrian counterparts to cooperate on oil field development, Iranian state media reported. ... more
OIL AND GAS
Italian energy company Eni recovers after spending cuts
Milan, Italy (UPI) Mar 1, 2017
Italian energy company Eni said it managed to turn a corner after trimming investments last year to turn in its first quarterly profit in more than a year. ... more
OIL AND GAS
New offshore contract for struggling Subsea 7
London (UPI) Feb 28, 2017
Subsea 7, a company offering service support for oil and gas field development, said it landed a contract of at least $50 million for offshore Australia. ... more
OIL AND GAS
Gas prices steady before seasonal spike
Washington (UPI) Feb 28, 2017
U.S. retail gasoline prices are following oil markets by staying more or less even, but that will change mid-March with a new blend of gas, analysis finds. ... more
OIL AND GAS
Conditions right for U.S. oil exports
Houston (UPI) Feb 28, 2017
A global market looking to balance OPEC output declines and an expected increase in U.S. pipeline capacity could make oil exports attractive, analysis finds. ... more
OIL AND GAS
U.S. oil stocks, fourth quarter GDP weigh on oil prices
New York (UPI) Feb 28, 2017
Expectations of a build in U.S. crude oil inventories on the back of rising output pushed crude oil prices lower in early Tuesday trading. ... more


Rig company Seadrill teeters on the brink

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

Space Media Advertising


Light-driven reaction converts carbon dioxide into fuel
Durham NC (SPX) Feb 28, 2017
Duke University researchers have developed tiny nanoparticles that help convert carbon dioxide into methane using only ultraviolet light as an energy source. Having found a catalyst that can do this important chemistry using ultraviolet light, the team now hopes to develop a version that would run on natural sunlight, a potential boon to alternative energy. Chemists have long sought an eff ... more
Tokyo, Japan (SPX) Mar 01, 2017
Biofuel produced by microalgae
Durham, N.C. (UPI) Feb 23, 2017
Scientists use nanoparticles, ultraviolet light to turn CO2 into fuel
Edmonton, Alberta (UPI) Feb 10, 2017
Alberta backing bioenergy programs
SOVENTIX developing solar parks of up to 140 megawatts in Alberta, Canada
Toronto, Canada (SPX) Mar 01, 2017
SOVENTIX Canada Inc. has commenced the development of several solar projects with a capacity of up to 140 megawatts (MWp) in Alberta, Canada. The six projects with a potential nameplate capacity from 15 to 45 MWp are located near Calgary and Edmonton. Building on Soventix Canada's success in the Ontario, the current projects will further drive the expansion of SOVENTIX in the Canadian solar mark ... more
Edmonton, Alberta (UPI) Feb 28, 2017
Alberta puts more weight behind solar power
London, UK (SPX) Feb 28, 2017
Lightsource Renewable Energy acquires residential portfolio
Zug, Switzerland (SPX) Feb 24, 2017
meeco installed biggest solar energy plant in Zimbabwe


Breakthrough research for testing and arranging vertical axis wind turbines
Washington DC (SPX) Mar 01, 2017
The sight of propeller-like rotating blades positioned high up the pole of a tall horizontal-axis wind turbine (HAWT) may be familiar to many. Often grouped in wind farms, HAWTs provide significant amounts of energy for local communities. One drawback to HAWTs is the large space they take up, needing to be placed far apart from each other. If placed too close together, the turbulence and wind ve ... more
Newark DE (SPX) Feb 22, 2017
US grid can handle more offshore wind power
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
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
Manchester UK (SPX) Feb 28, 2017
Next generation of nuclear robots will go where none have gone before
Paris (AFP) March 1, 2017
Areva narrows losses 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
Mogadishu (AFP) Feb 28, 2017
Somali president declares 'national disaster' over drought
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
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 commander says forces control Mosul-Tal Afar road
Baghdad (AFP) March 1, 2017
Iraqi soldiers are in control of the road linking west Mosul with the Islamic State group-held town of Tal Afar, isolating jihadists in the city, a senior commander said Wednesday. Iraqi forces are battling inside west Mosul to retake it from IS in a major push launched on February 19, but have also moved through the surrounding desert to cut the area off from Tal Afar and increase press ... more
Mosul, Iraq (AFP) March 1, 2017
26,000 Iraqis flee west Mosul fighting in 10 days
Talul Al-Atshana, Iraq (AFP) Feb 28, 2017
To secure Mosul, Iraq army makes desert push with US help
South Of Mosul, Iraq (AFP) Feb 28, 2017
Iraqi civilians flee fighting, privation in west Mosul
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
Washington (AFP) Feb 27, 2017
US, S. Korea and Japan look to turn screw on Pyongyang
Daily Newsletters - Space - Military - Environment - Energy

Beijing's shanties: Towns of hope and despair
Beijing (AFP) March 1, 2017
A nerve centre for migrant workers who stream in from around the country in search of a better life, Black Bridge Village is a place of industry and desperation. Posters on the wall offer easy money for blood donations: 400 ml - almost one US pint - earns between 400 and 500 yuan, enough to pay the rent for a small room. Ramshackle structures of brick, corrugated iron and wood have mu ... more
Hong Kong (AFP) Feb 27, 2017
Activists gatecrash meeting of Hong Kong leadership hopeful
Hong Kong (AFP) Feb 28, 2017
China's favourite wins strong backing in Hong Kong leadership race
Hong Kong (AFP) March 1, 2017
Hong Kong rebel lawmakers fight parliament ban
22 dead in DR Congo army clashes with M23 rebels
Goma, Dr Congo (AFP) March 1, 2017
/> The Congolese army said Wednesday it had killed 20 fighters from the M23 militia group and lost two soldiers in clashes with the rebels since the end of January. General Leon Mushale told reporters in the eastern city of Goma that a further 25 rebels either were captured or surrendered and that six soldiers had been injured. The clashes occurred in the eastern part of DR Congo, on an ... more
Dar Es Salaam (AFP) March 1, 2017
Tanzania bans booze sachets
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


Hungary gets more flight time on leased Gripen fighters
Stockholm, Sweden (UPI) Feb 22, 2017
Sweden and Hungary have updated their Gripen fighter lease agreement to give Hungary more flight hours and updated aircraft. The new comprehensive agreement allows Hungary 400 extra flight hours per year, increasing the limit from 1,600 hours to 2,000 hours. Sweden will contribute support to cope with the extended flight time. The Swedish Defense Matériel Agency, FMV, wil ... more
Washington (UPI) Feb 28, 2017
U.S. Air Force equips decoy flight vehicles with anti-jam capabilities
London (UPI) Feb 28, 2017
Charles Woodburn to take over as BAE Systems CEO
Washington (UPI) Feb 28, 2017
U.S. Navy orders 12 new fighter aircraft from Boeing
China to cut 500,000 steel and coal jobs this year
Beijing (AFP) March 1, 2017
China said Wednesday it will cut 500,000 jobs in the steel and coal industries this year as it continues to trim excess capacity in the smokestack sectors amid a slowing economy. Minister of Human Resources Yin Weimin, in announcing the cuts at a press conference in Beijing, said the laid-off workers will enter a job placement programme or be offered early retirement. China makes more th ... more
Paris (AFP) Feb 27, 2017
Global art sales plummet, China biggest market: report
Frankfurt Am Main (AFP) Feb 24, 2017
China overtakes US as Germany's top trade partner
Hong Kong (AFP) Feb 28, 2017
Asia must spend $26 tn on infrastructure by 2030: ADB
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
Wary US and China pledge respect at first Trump-era meet
Washington (AFP) Feb 28, 2017
China's top diplomat wrapped up his first set of meetings in President Donald Trump's Washington on Tuesday satisfied that no breakdown in ties is imminent. The newly elected US president initially caused consternation in Beijing by flirting with Taiwan, calling into question US support for the One China policy and threatening a trade war. But he has since walked back his comments on One ... more
Istanbul (AFP) Feb 28, 2017
Erdogan says paper to pay 'price' over controversial report
Moscow (AFP) Feb 28, 2017
Russia and UK hold high-level military talks in Moscow
Moscow (Sputnik) Feb 28, 2017
Russia wants to form new Collective Security Bloc that replaces NATO


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
Jerusalem (AFP) March 1, 2017
Israel court orders toxic chemical tank emptied
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
Haitians' ire over carnival spending amid hurricane's ruins
Les Cayes, Haiti (AFP) Feb 27, 2017
Starjuin Regent is still waiting for Haitian government aid to help him rebuild his fishing business, which was destroyed last year by Hurricane Matthew. In the nearly five months since the massive category five storm hit, residents are still struggling to rebuild shattered homes and businesses. All the more reason then, for the ire of Regent and many others here over millions of dollars ... more
Rio De Janeiro (AFP) Feb 24, 2017
Carnival helps Rio put crime, recession on back burner
Ottawa (AFP) Feb 25, 2017
Canada conservationist warns of 'cyber poaching
Paris (AFP) Feb 26, 2017
In Mosul, a long-term battle to repair Iraq's heritage


Subscribe free to our newsletters via your



Buy Advertising Media Advertising Kit Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement