Oil News and Gas News
March 21, 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
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
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
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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
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
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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Study IDs link between sugar signaling and regulation of oil production in plants
Upton NY (SPX) Mar 21, 2017
Even plants have to live on an energy budget. While they're known for converting solar energy into chemical energy in the form of sugars, plants have sophisticated biochemical mechanisms for regulating how they spend that energy. Making oils costs a lot. By exploring the details of this delicate energy balance, a group of scientists from the U.S. Department of Energy's Brookhaven National ... more
Hampton VA (SPX) Mar 16, 2017
NASA Study Confirms Biofuels Reduce Jet Engine Pollution
Cambridge, UK (SPX) Mar 15, 2017
Scientists harness solar power to produce clean hydrogen from biomass
Gothenburg, Sweden (SPX) Mar 13, 2017
Petrol and jet fuel alternatives are produced by yeast cell factories
New solar energy plant to be installed on Barbuda
London, UK (SPX) Mar 21, 2017
The government of Antigua and Barbuda (GOAB) further strives toward the realisation of generating 20 per cent of its electricity from renewable energy resources by the year 2020. The installation of a 150 kWp clean power project on the Caribbean twin islands state, to be implemented shortly by the clean energy provider PV Energy Limited, marks the first step in Barbuda towards the final goal of ... more
Espoo, Finland (SPX) Mar 21, 2017
Nanotube film may resolve longevity problem of challenger solar cells
Barrington RI (SPX) Mar 15, 2017
Nuera Solar Announces Partnership with The Solar Village Project
Washington (UPI) Mar 14, 2017
EU close to 2020 renewable energy target


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
Durham NH (SPX) Mar 17, 2017
Is spring getting longer
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
Intel deal may fuel Israel's rise as builder of car brains
Jerusalem (AFP) March 17, 2017
Intel's $15-billion purchase of Israeli firm Mobileye could help fuel the country's rise in the driverless car industry - not as a builder of vehicles, but as the brains behind them. Monday's deal, the largest ever in Israel's tech sector, could help boost trade despite the fact no commercial cars are assembled in the country. The self-styled "startup nation" has no real tradition of au ... more
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
Washington (AFP) March 15, 2017
US launches probe after hoverboard fire kills two-year-old


Iraq forces push into Old Mosul as thousands trapped
Baghdad (AFP) March 20, 2017
Iraqi forces battled Islamic State group fighters on Monday to push into Mosul's Old City where thousands of civilians remain trapped under jihadist rule. The city's historic centre is home to the Al-Nuri mosque, where IS leader Abu Bakr al-Baghdadi in July 2014 proclaimed an IS "caliphate" in jihadist-controlled territory in Iraq and neighbouring Syria. The forces have recaptured severa ... more
Mosul, Iraq (AFP) March 19, 2017
Fierce fighting on outskirts of Mosul Old City
Mosul, Iraq (AFP) March 18, 2017
Iraq forces say near Mosul mosque where IS declared 'caliphate'
Washington (AFP) March 20, 2017
Trump hosts Iraqi leader, says Mosul mission 'moving along'
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 21, 2017
North Korea nuclear programme in 'new phase': IAEA
Jerusalem (AFP) March 20, 2017
Israeli nuclear whistleblower says state hounding him
Fuling, China (AFP) March 17, 2017
China re-brands Cold War nuclear bunker as tourist draw
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
Boeing gets $3.2B for Apache sales to Saudi Arabia
Stockholm (AFP) March 15, 2017
Sweden wants new tax on airline tickets
Hong Kong (AFP) March 15, 2017
Hong Kong's Cathay Pacific sees first loss in 8 years
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
Newark DE (SPX) Mar 21, 2017
Unforeseen impacts of the fair trade movement
Berlin (AFP) March 16, 2017
Merkel, Xi defend free trade ahead of G20 meet
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
Seoul (AFP) March 21, 2017
China overtakes Japan in S.Koreans' worst countries list
Beijing (AFP) March 19, 2017
Xi, Tillerson vow to work toward closer US-China ties


China's severe winter haze tied to effects of global climate change
Atlanta GA (SPX) Mar 17, 2017
China's severe winter air pollution problems may be worsened by changes in atmospheric circulation prompted by Arctic sea ice loss and increased Eurasian snowfall - both caused by global climate change. Modeling and data analysis done by researchers at the Georgia Institute of Technology suggest that sea ice and snowfall changes have shifted China's winter monsoon, helping create stagnant ... more
Washington (AFP) March 15, 2017
Trump to undo Obama auto emission rules: official
Jakarta (AFP) March 17, 2017
Indonesia summons UK envoy over coral reef destruction
Miami (AFP) March 16, 2017
Trump budget 'cripples' environment, science, critics say
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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