Oil News and Gas News
March 20, 2017
OIL AND GAS
Beijing shuts last coal power plant in switch to natural gas



Beijing (AFP) March 19, 2017
The last large coal-fired power plant in Beijing has suspended operations, with the city's electricity now generated by natural gas, the state news agency reported as smog enveloped the Chinese capital this weekend. The shuttering of the Huangneng Beijing Thermal Power Plant comes on the heels of China's annual legislative sessions, where Premier Li Keqiang promised to "make our skies blue again" in his state-of-the-nation speech. According to Xinhua, Beijing has become the country's first city ... read more

OIL AND GAS
Alberta pegs economic hope to Canadian coastal pipeline
Washington (UPI) Mar 17, 2017
In outlining a budget for oil-rich Alberta, the finance minister said building pipelines to the Canadian coast is the "best way" to sell its energy resources. ... more
OIL AND GAS
Enthusiasm holds to give oil prices another life
Washington (UPI) Mar 17, 2017
Crude oil prices posted modest gains early Friday as traders saw some optimism in emerging supply data, though exploration figures could weigh on the rally. ... more
OIL AND GAS
Saudi Arabia takes wait-and-see approach to U.S. oil
Washington (UPI) Mar 17, 2017
Saudi Arabia's oil minister told Bloomberg News that, as the de facto head of OPEC, a wait-and-see approach was good policy on recovering U.S. oil. ... more
OIL AND GAS
Norway's Statoil aims to boost local energy sector
Washington (UPI) Mar 17, 2017
Norwegian energy company Statoil said it was working to build up the domestic workforce through a contract to upgrade a platform for North Sea development. ... more
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OIL AND GAS
South Sudan buys weapons during famine: UN report
United Nations, United States (AFP) March 17, 2017
South Sudan's government is spending oil revenue on weapons as the country descends into a famine largely caused by President Salva Kiir's military campaign, a confidential UN report says. ... more
OIL AND GAS
Fitch: Azerbaijan's energy company facing mixed pressures
Washington (UPI) Mar 17, 2017
The state energy company of Azerbaijan, a party to OPEC-led balance efforts, beat its peers in terms of revenue, but remains pressured, a ratings agency said. ... more
OIL AND GAS
Saudi king's China trip nets agreements 'worth billions'
Beijing (AFP) March 16, 2017
China and Saudi Arabia signed agreements potentially worth tens of billions of dollars on Thursday, Beijing said, as President Xi Jinping welcomed Saudi King Salman on a state visit. ... more
OIL AND GAS
Oil prices inching back toward mid-$50 range
Washington (UPI) Mar 16, 2017
Crude oil prices continued to inch back Thursday toward its narrow band for the year to rally after a U.S. rate hike and signs of easing supply-side strains. ... more
OIL AND GAS
Russia's Lukoil backs OPEC production cut extension
Washington (UPI) Mar 16, 2017
It's reasonable to give serious consideration to extending a production agreement led by OPEC, the head of Russian oil company Lukoil said Thursday. ... more
OIL AND GAS
DNO turns a profit on Kurdish assets
Washington (UPI) Mar 16, 2017
With a strong focus on the Kurdish north of Iraq, Norwegian oil company DNO said it posted a $6 million profit last year on lower costs and better payments. ... more


Oil and gas exporter Norway keeps policy rate static

OIL AND GAS
Moody's: Shaky economic ground for some oil exporters
New York NY (UPI) Mar 15, 2017
The economic footing of Persian Gulf nations is under pressure from the decline in crude oil prices that began three years ago, Moody's Investors Service said. ... more
OIL AND GAS
How Trump's trip to Michigan will pan out for fuel and efficiency
Detroit MI (UPI) Mar 15, 2017
As President Trump heads to Michigan on Wednesday to roll out relaxed vehicle emissions and fuel standards, debates began early over the potential results. ... more
OIL AND GAS
Be patient on oil market balance, IEA says
Vienna (UPI) Mar 15, 2017
There's nothing shocking in the steady build of crude oil inventory levels and those waiting for the market to balance out should be patient, the IEA said. ... more
OIL AND GAS
Germany's E.ON next to turn face to low-carbon future
Berlin (UPI) Mar 15, 2017
German energy company E.ON said Wednesday it's been able to free itself from past burdens and was positioned for growth in a "new energy world." ... more

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Scientists harness solar power to produce clean hydrogen from biomass
Cambridge, UK (SPX) Mar 15, 2017
A team of scientists at the University of Cambridge has developed a way of using solar power to generate a fuel that is both sustainable and relatively cheap to produce. It's using natural light to generate hydrogen from biomass. One of the challenges facing modern society is what it does with its waste products. As natural resources decline in abundance, using waste for energy is becoming more ... more
Hampton VA (SPX) Mar 16, 2017
NASA Study Confirms Biofuels Reduce Jet Engine Pollution
Gothenburg, Sweden (SPX) Mar 13, 2017
Petrol and jet fuel alternatives are produced by yeast cell factories
University Park PA (SPX) Mar 13, 2017
Energy crop production on conservation lands may not boost greenhouse gases
Nuera Solar Announces Partnership with The Solar Village Project
Barrington RI (SPX) Mar 15, 2017
Nuera Solar has announced a partnership with the Solar Village Project, a non-profit, 501(c)(3) organization that delivers light and power to communities in Africa, India, and Polynesia. The partnership is part of the Nuera Gives Initiative, and with the partnership Nuera Solar will provide a solar power system to the Solar Village Project for each solar system that the company installs. ... more
Washington (UPI) Mar 14, 2017
EU close to 2020 renewable energy target
Brussels (UPI) Mar 13, 2017
EU funding renewable energy efforts in Algeria
Los Alamos NM (SPX) Mar 13, 2017
Perovskite edges can be tuned for optoelectronic performance


North Carolina ready for offshore wind energy auction
Washington (UPI) Mar 16, 2017
More than 100,000 acres off the coast of North Carolina go on the auction block Thursday for potential wind energy development, the U.S. government said. The U.S. Department of Interior pounded the gavel to open the seventh offshore wind auction, putting 122,405 acres off the North Carolina coast on the block for commercial wind energy leasing. In August 2014, the Bureau of Ocean ... more
Washington (UPI) Mar 17, 2017
North Carolina offshore wind hailed as job creator
London (UPI) Mar 13, 2017
Flagship English Channel wind farm nears completion
Paris (UPI) Mar 06, 2017
French, Spanish companies set for more wind power off coast of France
Loss-hit Toshiba nosedives on fears about future
Tokyo (AFP) March 15, 2017
Toshiba shares plunged Wednesday as fears grow about the future of one of Japan's best-known firms, hit by massive losses and accounting fraud allegations at its US nuclear unit. The Tokyo-listed stock dropped as much as 13.62 percent at one point, with concerns that the embattled company's shares could be delisted from the bourse. Toshiba ended the day at 189.5 yen ($1.65), down 12.22 p ... more
London, UK (SPX) Mar 13, 2017
The EIC and Nuclear AMRC sign MoU
Washington (UPI) Mar 14, 2017
German energy company RWE evolving for success
Manchester UK (SPX) Mar 13, 2017
Potential approach to how radioactive elements could be 'fished out' of nuclear waste
Daily Newsletters - Space - Military - Environment - Energy

A new study provides solid evidence for global warming
Beijing, China (SPX) Mar 17, 2017
Global warming is driven by the Earth's energy imbalance (EEI): our planet traps more and more heat due to continuous increasing greenhouse gases. From the energy perspective, the global warming is actually ocean warming, since ocean stores more than 90% of the trapped heat. Therefore, ocean heat content (OHC) change is a fundamental indicator of global warming, thus direct measurement of OHC wi ... more
Baden-Baden, Germany (AFP) March 18, 2017
US climate scepticism clouds G20 meet
Nairobi (AFP) March 15, 2017
13 killed in Kenya in drought-related violence
Washington (AFP) March 15, 2017
Pentagon chief says climate change threatens security
German prosecutors search Audi offices over 'dieselgate'
Frankfurt Am Main (AFP) March 15, 2017
State prosecutors in southern Germany said Wednesday they had searched offices belonging to carmaker Audi over parent company Volkswagen's diesel emissions cheating scandal. Investigators from Bavaria, Baden-Wuerttemberg and Lower Saxony states searched "sites belonging to Audi AG and seven other locations" on suspicion of "fraud and illegal advertising", Munich prosecutors said in a stateme ... more
Jerusalem (AFP) March 17, 2017
Intel deal may fuel Israel's rise as builder of car brains
Paris (AFP) March 15, 2017
Renault chiefs implicated in decades-long emissions fraud: probe
New York (AFP) March 16, 2017
More gas guzzlers due to Trump? Not necessarily


Fierce fighting on outskirts of Mosul Old City
Mosul, Iraq (AFP) March 19, 2017
Iraqi forces backed by helicopter strikes engaged in heavy fighting with jihadists on the outskirts of the Old City on Sunday as they pressed their offensive to recapture west Mosul. The elite Rapid Response Force and Iraqi federal police attacked the Islamic State group militants with rifles, machineguns, mortar rounds and rockets a month after the west Mosul operation began. The joint ... more
Mosul, Iraq (AFP) March 18, 2017
Iraq forces say near Mosul mosque where IS declared 'caliphate'
Mosul, Iraq (AFP) March 17, 2017
Iraq commander announces gains in Mosul Old City
Baghdad (AFP) March 16, 2017
More than 150,000 Iraqis fled west Mosul fighting: ministry
US, China to cooperate on 'dangerous' N.Korea situation
Beijing (AFP) March 18, 2017
The US and China pledged on Saturday to work together in addressing the threat posed by North Korea's nuclear programme, as US Secretary of State Rex Tillerson warned regional tensions had reached a "dangerous level." The language from Tillerson and his Chinese counterpart after talks in Beijing was notably conciliatory after a run-up in which US President Donald Trump accused China of doing ... more
Seoul (AFP) March 17, 2017
Military action against N. Korea an 'option': Tillerson
Fuling, China (AFP) March 17, 2017
China re-brands Cold War nuclear bunker as tourist draw
Seoul (AFP) March 17, 2017
Tillerson seeks new North Korea plan on Seoul visit
Daily Newsletters - Space - Military - Environment - Energy

Warhol Mao portrait goes under the hammer in Hong Kong
Hong Kong (AFP) March 17, 2017
An Andy Warhol portrait of former Chinese leader Mao Zedong will be auctioned in Hong Kong in a landmark sale that could fetch $15 million - but mainland buyers may be wary of putting in a bid. The classic 1973 screen print by the legendary US pop artist will go under the hammer at Sotheby's next month with the highest estimate the auction house has ever seen for a painting in Asia. It ... more
Hong Kong (AFP) March 17, 2017
Hong Kong protesters jailed for 3 years for anti-China clashes
Hong Kong (AFP) March 18, 2017
Fashion renaissance: from slick city to hip Hong Kong
Beijing (AFP) March 14, 2017
'Tell it like it is': China delegate rips meek Congress
Rags, not riches, defining Africa's urban explosion
Bamako (AFP) March 19, 2017
Anarchic architecture, unchecked pollution and high costs of living are the lot of African city dwellers, experts warn, as living standards fail to keep pace with rapid urban growth on the continent. The Bamako Forum, a pan-African think tank, recently considered the phenomenon of African urbanisation against the backdrop of a city living the results of rural flight clashing with poor urban ... more
Conakry (AFP) March 13, 2017
Senegal extradites Guinean soldier wanted over massacre
Addis Ababa (AFP) March 10, 2017
.africa joins the internet
Abuja (AFP) March 8, 2017
Nigerian military to probe rights abuse claims


Lockheed Martin to recoat U.S. Air Force F-22s
Washington (UPI) Mar 17, 2017
Lockheed Martin has received a $40 million contract modification to sustain the U.S. Air Force's F-22 Raptor fleet. Under the agreement, the company will strip and recoat F-22 coatings reverting earlier than initially expected. Work on the contract will be performed at various locations in California, Georgia, Utah and Texas. The U.S. Department of Defense expects the work to be ... more
Washington (UPI) Mar 16, 2017
U.S. Army looks to Air Force for future air defenses
Washington (UPI) Mar 16, 2017
Boeing gets $3.2B for Apache sales to Saudi Arabia
Washington (UPI) Mar 15, 2017
Romania plans to buy 20 additional F-16s
Chinese premier warns US against 'trade war'
Beijing (AFP) March 15, 2017
Chinese Premier Li Keqiang on Wednesday warned the United States against starting a trade war while expressing optimism that the world's two largest economies could keep relations steady despite Trump-era frictions. "We don't want to see any trade war breaking out between the two countries. That wouldn't make our trade fairer," Li told reporters at a press conference closing China's annual p ... more
Berlin (AFP) March 15, 2017
G20 finance ministers to meet under America First shadow
Berlin (AFP) March 16, 2017
Merkel, Xi defend free trade ahead of G20 meet
Budapest (AFP) March 19, 2017
Labour drought in Europe's east as workers go west
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
NATO battle group led by the British arrive in Estonia
Tallinn (AFP) March 17, 2017
British troops will arrive in Estonia on Friday, part of a NATO move to reinforce its eastern flank in a bid to deter a militarily resurgent Russia, the military said. The 130 soldiers will head to the northern town of Tapa, to be joined by up to 50 French soldiers on Monday as well as the rest of the battalion in the coming weeks. By mid-April more than 800 British troops and nearly 3 ... more
Berlin (AFP) March 17, 2017
Germany wants change to NATO two-percent budget goal
Vilnius (AFP) March 16, 2017
Lithuania wants NATO command headquarters on eastern flank
Beijing (AFP) March 19, 2017
Xi, Tillerson vow to work toward closer US-China ties


Trump budget 'cripples' environment, science, critics say
Miami (AFP) March 16, 2017
US President Donald Trump's proposed 2018 budget would slash funding for science, health and environmental programs at home and abroad, sparking an outcry Thursday among experts who say the cuts would endanger the planet. The blueprint, which also includes sharp cuts in spending on the arts and foreign aid, has yet to undergo scrutiny in Congress and must be approved by lawmakers before it c ... more
Jakarta (AFP) March 17, 2017
Indonesia summons UK envoy over coral reef destruction
Atlanta GA (SPX) Mar 17, 2017
China's severe winter haze tied to effects of global climate change
Washington (AFP) March 15, 2017
Trump to undo Obama auto emission rules: official
U.S. Coast Guard avoids budget cuts
Washington (UPI) Mar 17, 2017
The U.S. Coast Guard will not see the budget cuts the Trump administration planned for the branch after a bipartisan coalition of lawmakers blocked the move. While President Donald Trump continues to push Congress to boost budgets for military branches managed by the Department of Defense, the administration sought to strip $1.3 billion in spending for the Coast Guard. The cut would hav ... more
Mosul, Iraq (AFP) March 19, 2017
Mosul families go against the tide to return home
Mosul, Iraq (AFP) March 18, 2017
Death carts carry family ripped apart by Mosul campaign
Washington (AFP) March 18, 2017
Do US self-defense laws trigger more crime?


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