Oil News and Gas News
March 08, 2017
OIL AND GAS
U.S. rig counts increased in February



Dallas (UPI) Mar 07, 2017
The number of rigs deployed in the United States on average last month was up more than 200 from last year, oilfield services company Baker Hughes reported. Rig counts serve as a loose metric to gauge the industry's confidence in spending on exploration and production. A gain would indicate growing confidence in a particular region, while a decline suggests market conditions are cost-prohibitive. Total international rig counts for February were up from January, but down both for offshore ... read more

OIL AND GAS
More oil progress offshore Senegal
Dakar (UPI) Mar 07, 2017
A Scottish energy company focused on reserves offshore Africa said it's assessing data from a reservoir estimated to hold more than 2 billion barrels of oil. ... more
OIL AND GAS
Gas prices steady, but wild swings reported regionally
Dallas (UPI) Mar 07, 2017
Steady crude oil prices kept U.S. retail gasoline prices in check, though some regions posted major swings on the back of refinery issues, AAA reported. ... more
OIL AND GAS
British North Sea oil and gas sector still facing headwinds
London (UPI) Mar 07, 2017
Though the region is showing signs of recovery, a British oil and gas trade group said new investments in offshore activity are slow to emerge. ... more
OIL AND GAS
NATO allies fret over security of Libya's oil
Brussels (UPI) Mar 07, 2017
The escalation of violence in and around the oil installations of Libya are cause for growing international concern, a joint statement from NATO allies said. ... more
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OIL AND GAS
Oil pulled higher by Libyan unrest
Washington DC (UPI) Mar 07, 2017
Oil prices moved higher early Tuesday morning as threats to Libyan security balanced against reports that U.S. oil production gains could slow momentum. ... more
OIL AND GAS
OPEC not entirely in compliance with production deal
Vienna (UPI) Mar 06, 2017
While compliance with an OPEC-led agreement to curb production is strong, the way the deal was configured reveals output above a threshold, a survey found. ... more
OIL AND GAS
Oil prices face pressure over slowing China
Beijing (UPI) Mar 06, 2017
Crude oil prices drifted lower early Monday after China lowered its economic growth estimate and U.S. exploration and production activity gained further ground. ... more
OIL AND GAS
Russia defers questions on Crimean oil and gas
Moscow (UPI) Mar 06, 2017
With Ukraine taking claims of Russian aggression to the international courts, the Kremlin sidestepped questions about possible oil development offshore Crimea. ... more
OIL AND GAS
Lundin appraising more prospects in North Sea
Oslo (UPI) Mar 06, 2017
After revising the reserve estimate for a producing field in the North Sea, a division of Lundin Petroleum said it was appraising the latest discovery. ... more
OIL AND GAS
Austrian energy OMV establishes Russian footprint
Vienna (UPI) Mar 06, 2017
Austrian energy company OMV said it established a new core area in Russia through the acquisition of a minority stake in natural gas assets in Western Siberia. ... more


Oil and gas industry notches win with EPA emissions ruling

OIL AND GAS
Norway extends permits for Norwegian and North Sea drilling
Stavanger, Norway (UPI) Mar 3, 2017
Norway's government pushed forward on expanding oil and gas exploration on the continental shelf Friday with new permits for the North and Norwegian Seas. ... more
OIL AND GAS
Russia expects oil and gas revenue to bounce back in March
Moscow (UPI) Mar 3, 2017
After a budget shortfall in February, Russia's finance minister said it expected to receive more than $1 billion in oil and natural gas revenue this month. ... more
OIL AND GAS
Crude oil prices stage meager rally ahead of Fed speech
New York (UPI) Mar 3, 2017
Oil prices were relatively flat early Friday as investors watched U.S. crude oil inventories ahead of a data release on exploration and production activity. ... more
OIL AND GAS
British oil and gas projects late and over budget, report says
London (UPI) Mar 3, 2017
Despite capital investments coming in at an all-time high, a British survey of oil and gas activity found few projects were delivered on time and under budget. ... more

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Turning food waste into tires
Wooster OH (SPX) Mar 07, 2017
Tomorrow's tires could come from the farm as much as the factory. Researchers at The Ohio State University have discovered that food waste can partially replace the petroleum-based filler that has been used in manufacturing tires for more than a century. In tests, rubber made with the new fillers exceeds industrial standards for performance, which may ultimately open up new applications for rubb ... more
Pasadena CA (SPX) Mar 07, 2017
New materials could turn water into the fuel of the future
Pullman WA (SPX) Mar 07, 2017
Novel 3-D manufacturing leads to highly complex, bio-like materials
Pullman WA (SPX) Mar 07, 2017
Tree growth model assists breeding for more wood
King County Metro signs Urban Solar on for rare 10 year contract
Seattle WA (SPX) Mar 07, 2017
In an unprecedented move, King County Metro (Metro) granted Urban Solar a decade-long contract to provide solar LED lighting solutions for its transit shelters and stops. The relationship began in 2011 when Metro signed Urban Solar on for a five-year contract for its PV-Shelter solar systems. Urban Solar was able to transform Metro's flat shelter roof solar lighting systems and implement a ... more
Tokyo, Japan (SPX) Mar 07, 2017
DuPont Photovoltaic Solutions Introduces New Solamet
Toronto, Canada (SPX) Mar 01, 2017
SOVENTIX developing solar parks of up to 140 megawatts in Alberta, Canada
Zug, Switzerland (SPX) Feb 24, 2017
meeco installed biggest solar energy plant in Zimbabwe


Wind energy gaining traction, U.S. trade group says
Washington DC (UPI) Mar 07, 2017
Wind energy in the United States is making a case for itself as a cheap source of energy that steers revenue to rural America, an industry trade group said. Federal data show five state - Iowa, Kansas, Oklahoma, North Dakota and South Dakota - each sourced more than 20 percent of their electricity from wind power last year to lead the nation. "Wind is now cheaply and reliably s ... more
Paris (UPI) Mar 06, 2017
French, Spanish companies set for more wind power off coast of France
Washington DC (SPX) Mar 01, 2017
Breakthrough research for testing and arranging vertical axis wind turbines
Essen, Germany (UPI) Mar 3, 2017
German company to store US wind energy in batteries in Texas
EU approves Hungary's Kremlin-backed nuclear plant
Brussels (AFP) March 6, 2017
EU authorities on Monday approved a controversial nuclear expansion project in Hungary that is heavily backed by Russia. The approval removes the last roadblock to the 12.5 billion euro ($13.2 billion) expansion of Hungary's only nuclear facility, which Russia is financing by 80 percent even as tensions between Europe and the Kremlin run high. The European Commission "has approved this s ... more
Paris (AFP) March 1, 2017
Areva narrows losses in 2016
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
Daily Newsletters - Space - Military - Environment - Energy

Study reveals the atmospheric footprint of global warming hiatus
Beijing (SPX) Mar 06, 2017
The increasing rate of the global mean surface temperature was reduced from 1998 to 2013, known as the global warming hiatus or pause. Great efforts have been devoted to the understanding of the cause. The proposed mechanisms include the internal variability of the coupled ocean-atmosphere system, the ocean heat uptake and redistribution, among many others. However, the atmospheric footpri ... more
Ottawa (AFP) March 7, 2017
Canada faces 'herculean shift' to meet climate targets
Voi, Kenya (AFP) March 5, 2017
Bringing water to Kenya's drought-stricken wildlife
Washington (AFP) March 3, 2017
Trump team divided over Paris climate agreement
Australia sues Audi, Volkswagen over emissions cheating
Sydney (AFP) March 8, 2017
Australia's consumer watchdog Wednesday launched court action against Volkswagen and its subsidiary Audi over an emissions cheating scandal, claiming they engaged in misleading or deceptive conduct. The Australian Competition and Consumer Commission (ACCC) alleged Audi had installed so-called defeat software to produce lower levels of harmful nitrogen oxides during testing than under normal ... more
Oslo (AFP) March 6, 2017
Norway says half of new cars now electric or hybrid
Beijing (AFP) March 6, 2017
Volkswagen to recall over 680,000 Audis in China
Washington (AFP) March 7, 2017
Pressure mounts on Uber and CEO after missteps


Iraqi forces retake government HQ, museum in Mosul
Mosul, Iraq (AFP) March 7, 2017
Iraqi forces said Tuesday they had seized the main government offices in Mosul and its famed museum as they made steady progress in their battle to retake the city's west from jihadists. The advances, which also included the recapture of three neighbourhoods, were announced on the third day of a renewed offensive against the Islamic State group in west Mosul - the largest remaining urban st ... more
Mosul, Iraq (AFP) March 7, 2017
Anti-IS assaults gain ground in Iraq and Syria
Mosul, Iraq (AFP) March 7, 2017
Iraqi forces retake government HQ, museum in Mosul
Taji Base, Iraq (AFP) March 6, 2017
US troops train Iraqi forces in key bridging skills
China urges US-N.Korea deal to avert 'head-on collision'
Beijing (AFP) March 8, 2017
China on Wednesday called on North Korea to suspend its nuclear and missile activities in exchange for the US and South Korea halting military wargames, to prevent what it called a "head-on collision." Foreign Minister Wang Yi's proposal came after a cascade of events that has led to a dramatic spike in tensions in the region, including a volley of North Korean missile tests that flew provoc ... more
Seoul (AFP) March 8, 2017
N. Korea goes 'my way' with missiles and murder row
Washington (AFP) March 6, 2017
Pentagon blasts 'unprofessional' Iranian navy
Vienna (AFP) March 6, 2017
US hasn't decided yet on Iran nuclear deal: IAEA
Daily Newsletters - Space - Military - Environment - Energy

Shared bikes grind Shanghai's gears
Shanghai (AFP) March 3, 2017
Shanghai has impounded thousands of brightly coloured bikes placed on city streets by cycle-sharing companies, in the latest sign of impatience with an explosion of the haphazardly-parked two-wheelers. The bike-sharing sector has become one of the fastest-growing industries in the country, with users typically renting the bicycles for short periods by first unlocking them through the use of ... more
Beijing (AFP) March 1, 2017
Beijing's shanties: Towns of hope and despair
Hong Kong (AFP) March 1, 2017
Hong Kong rebel lawmakers fight parliament ban
Hong Kong (AFP) Feb 27, 2017
Activists gatecrash meeting of Hong Kong leadership hopeful
PM hails Ben Guerdane battle as Tunisia 'turning point'
Ben Guerdane, Tunisia (AFP) March 7, 2017
The battle against jihadists in Ben Guerdane a year ago was a "turning point" for Tunisia, Prime Minister Youssef Chahed said on Tuesday during a visit to commemorate the anniversary. Jihadist groups mounted a coordinated assault on security installations in the town on the border with Libya last March 7, aiming to win over residents and establish an "emirate" of the Islamic State jihadist g ... more
Maputo (AFP) March 3, 2017
Mozambique truce extended by two months
Bamako (AFP) March 5, 2017
11 Malian soldiers killed in attack on border base
Dakar (AFP) March 4, 2017
Senegal and Gambia announce new era of ties


Boeing to provide additional support for Saudi F-15s
Riyadh (UPI) Mar 06, 2017
Boeing received a $46 million contract modification from the U.S. Air Force to perform interim contractor support for Saudi Arabia's recently purchased F-15s. Interim contractor support refers to an agreement wherein a service will defer an investment due to a lack of technological capabilities, such as equipment spares or technical data. Boeing is expected to complete this service for ... more
Washington DC (UPI) Mar 07, 2017
U.S. Air Force F-16s to receive weapon systems update
Bonn (UPI) Mar 06, 2017
Rheinmetall making ammunition for U.S. Air Force F-35s
Arlington, Va. (UPI) Feb 22, 2017
Boeing to provide C-17 training for UAE
White House's Navarro: trade deficit threat to national security
Washington (AFP) March 6, 2017
The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity. Outlining an unapologetically aggressive trade policy, Peter Navarro, director of the White House National Trade Council, accused economists and the media of ignoring the risk posed by trade deficits and embracing an "antiq ... more
Paris (AFP) March 7, 2017
Navy, shiny leather and suits: the big Paris fashion week trends
Beijing (AFP) March 7, 2017
EU group says China plan 'skews' high-tech field
Shanghai (AFP) March 7, 2017
Alibaba's Jack Ma blames "outdated" law for fakes
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
'Disloyal' Polish rival to Tusk loses EU party job
Brussels (AFP) March 6, 2017
The EU Parliament's biggest party Monday stripped Poland's last-minute candidate to replace Donald Tusk of a senior post, saying it regretted his "disloyalty" for standing against the European Council head. The centre-right European People's Party (EPP) said it had sacked Jacek Saryusz-Wolski as vice-president after Warsaw nominated him to succeed Tusk at an EU summit later this week. Po ... more
Moscow (AFP) March 7, 2017
Putin pardons woman jailed over 'treasonous' text message
Beijing (AFP) March 6, 2017
China defense budget rises at slowest pace in decades
Ottawa (AFP) March 6, 2017
Canada extends Ukraine troop training mission to 2019


Bangladesh orders shutdown of city tanneries
Dhaka (AFP) March 6, 2017
A Bangladeshi court on Monday ordered the government to shut down more than 100 tanneries in Dhaka after they were accused of dumping huge amounts of toxic waste into the city's main river. The High Court ruling followed a petition by Bangladeshi environmentalists, who have accused the government of failing to enforce earlier orders to clean up the tanneries. "The court told the administ ... more
Geneva (AFP) March 6, 2017
Environmental risks kill 1.7mn kids under 5 a year: WHO
Karachi (AFP) March 5, 2017
Pakistan's financial capital Karachi turned 'into rubbish bin'
East Lansing MI (SPX) Mar 06, 2017
A Trump twist - Environment over economy in Michigan
War-scarred Syrian children may be 'lost to trauma': aid group
United Nations, United States (AFP) March 6, 2017
Syrian children terrified by shelling and airstrikes are showing signs of severe emotional distress and could grow up to be a generation "lost to trauma," Save the Children warned Monday. Interviews with more than 450 children and adults showed a high level of psychological stress among children, with many suffering from frequent bedwetting or developing speech impediments. At least thr ... more
Mosul, Iraq (AFP) March 7, 2017
Jihadist tunnels save Assyrian winged bulls of Mosul
Valdosta GA (UPI) Mar 07, 2017
U.S. Air Force retires first HC-130 search and rescue aircraft
Tripoli (AFP) March 3, 2017
115 migrants rescued, 25 missing: Libya navy


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