Oil News and Gas News
March 31, 2017
OIL AND GAS
Norway raises reserve estimate of Barents Sea field



Washington (UPI) Mar 30, 2017
The size of the oil reserves in the Goliat field in the Norwegian waters of the Barents Sea were revised higher because of new drilled wells, a regulator said. The Norwegian Petroleum Directorate said two wells drilled in the Snadd reservoir within the Goliat license area in the Barents Sea meant an increase in the estimates reserves of 7.5 million barrels. Italian energy company ENI, which operates Goliat through floating production platforms, is already approved by the Norwegian govern ... read more

OIL AND GAS
Oil and gas projects in deep waters grow competitive
Washington (UPI) Mar 30, 2017
On the heels of new developments in the Gulf of Mexico, a report finds the next breakout area for the recovering oil and gas sector may be deep water basins. ... more
OIL AND GAS
Oil prices set for rise after higher U.S. GDP figures reported
Washington (UPI) Mar 30, 2017
Crude oil prices were on pace for another day of solid gains Thursday after a report showed fourth quarter gains in the United States were better than expected. ... more
OIL AND GAS
PetroChina profit plunges 78% to record low
Shanghai (AFP) March 30, 2017
State-owned Chinese energy giant PetroChina on Thursday announced it slumped to a record-low profit for 2016 as global oil price weakness slashed earnings by 78 percent. ... more
OIL AND GAS
Genel Energy aims to emerge as a natural gas player
Washington (UPI) Mar 30, 2017
Coming off a tough year in 2016, Genel Energy, which has a strong position in northern Iraq, said it was in partnership talks with a company in nearby Turkey. ... more
Previous Issues Mar 30 Mar 29 Mar 28 Mar 27 Mar 24
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
Texas oil production down year-over-year
Washington (UPI) Mar 30, 2017
Though recovery is expected to evolve through 2017, data on oil production from Texas show volumes declined year-over-year, based on preliminary figures. ... more
OIL AND GAS
West Africa oil potential growing
Washington (UPI) Mar 28, 2017
After posting a perfect record in discoveries off the West African coast, Australian energy company FAR Ltd. said its footprint was expanding with a new buy-in. ... more
OIL AND GAS
Low prices at the pump holding thanks to OPEC
Washington (UPI) Mar 28, 2017
Uncertainty surrounding an OPEC-led production agreement is keeping a lid on crude oil prices to the benefit of U.S. motorists at the pump, AAA reported. ... more
OIL AND GAS
World Bank priority gas field in Ghana gets support
Washington (UPI) Mar 28, 2017
French engineering company TechnipFMC said it secured a contract to help develop the Sankofa natural gas field offshore Ghana, a field backed by the World Bank. ... more
OIL AND GAS
Exxon Mobil urges Trump to stay in Paris climate accord
Washington (AFP) March 28, 2017
Energy giant Exxon Mobil has asked the Trump administration not to scrap US participation in the landmark Paris climate agreement, running counter to White House moves on carbon emissions. ... more
OIL AND GAS
Moscow sees Arctic oil as an option
Washington (UPI) Mar 28, 2017
Developing oil from the Arctic regions of northern Russia is still a strategic interest despite the prohibitive market factors, a minister said. ... more


Houthi rebels in Yemen threatening strategic strait: US official

OIL AND GAS
OMV presses on hydrogen-fuel accelerator
Washington (UPI) Mar 28, 2017
Austrian energy company OMV said Wednesday it was building on efforts to diversify its portfolio by opening more filling stations for hydrogen-powered vehicles. ... more
OIL AND GAS
After energy agreement, Iran sees growing trade with Russia
Washington (UPI) Mar 28, 2017
Boasting that it's a result of a multilateral nuclear deal, OPEC-member Iran said its trade volume with oil-rich Russia could pass the $10 billion mark. ... more
OIL AND GAS
Chevron makes LNG headway
Washington (UPI) Mar 28, 2017
The third production facility at the Gorgon liquefied natural gas facility off the Australian coast is now in service, the regional subsidiary of Chevron said. ... more
OIL AND GAS
Oil prices stage weak rally against competing market factors
Washington (UPI) Mar 28, 2017
Traders shrugged off data indicating supply-side strains to focus more on lower production from OPEC members, sending oil prices higher early Wednesday. ... more

Space Media Advertising


Hydrogen production: This is how green algae assemble their enzymes
Bochum, Germany (SPX) Mar 30, 2017
Researchers at Ruhr-Universitat Bochum have analysed how green algae manufacture complex components of a hydrogen-producing enzyme. The enzyme, known as the hydrogenase, may be relevant for the biotechnological production of hydrogen. To date, little is known about the way organisms form this type of hydrogenases under natural conditions. Using novel synthetic biology methods, the team aro ... more
Jakarta (AFP) March 20, 2017
Community in chaotic Jakarta goes green to fight eviction
Upton NY (SPX) Mar 27, 2017
Chemists ID catalytic 'key' for converting CO2 to methanol
Upton NY (SPX) Mar 21, 2017
Study IDs link between sugar signaling and regulation of oil production in plants
Artificial photosynthesis steps into the light
Houston TX (SPX) Mar 27, 2017
Rice University scientists have created an efficient, simple-to-manufacture oxygen-evolution catalyst that pairs well with semiconductors for solar water splitting, the conversion of solar energy to chemical energy in the form of hydrogen and oxygen. The lab of Kenton Whitmire, a Rice professor of chemistry, teamed up with researchers at the University of Houston and discovered that growin ... more
London, UK (SPX) Mar 29, 2017
Nanomaterials that makes harvesting sunlight easier
Sydney, Australia (SPX) Mar 30, 2017
First Solar to deliver 48Mw Manildra solar farm
London, UK (SPX) Mar 30, 2017
Lightsource turns on Northern Ireland's largest solar project


Mega-wind farm offshore Denmark clears hurdle
Washington (UPI) Mar 28, 2017
Danish plans to build one of the larger wind farms in European territorial waters are in line with competition and environmental goals there, a governing body said. Denmark in February told the European Commission it was offering state-backed premiums for the price of electricity to support the Kriegers Flak offshore wind farm. Margrethe Vestager, the European commissioner in charge of ... more
Tokyo (AFP) March 29, 2017
Japan scientist eyes energy burst from 'typhoon turbine'
Washington (UPI) Mar 17, 2017
North Carolina offshore wind hailed as job creator
Washington (UPI) Mar 16, 2017
North Carolina ready for offshore wind energy auction
Toshiba's US nuclear unit files for bankruptcy protection
Washington (AFP) March 29, 2017
Toshiba's loss-hit US nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said Wednesday, as the troubled division wrestles with huge losses and accounting fraud claims. The Japanese conglomerate's board approved the Chapter 11 filing in a US court in New York, a step that temporarily shelters struggling firms as they try to restructure their affairs ... more
Tokyo (AFP) March 28, 2017
Japan high court rules nuclear reactors can restart
Tokyo (AFP) March 15, 2017
Loss-hit Toshiba nosedives on fears about future
London, UK (SPX) Mar 13, 2017
The EIC and Nuclear AMRC sign MoU
Daily Newsletters - Space - Military - Environment - Energy

Putin says climate change not manmade
Moscow (AFP) March 30, 2017
Russian leader Vladimir Putin on Thursday said climate change was not caused by human activity, as the White House announced that President Donald Trump would decide by May on continued US participation in the landmark Paris Agreement limiting global carbon emissions. One day after visiting the Franz Josef Land archipelago in the Arctic, Putin claimed that icebergs had been melting for decad ... more
Washington (AFP) March 29, 2017
Trump moves to roll back Obama climate measures
Miami (AFP) March 30, 2017
US climate science hearing descends into bullying 'food-fight'
Paris (AFP) March 30, 2017
Trump keeps world dangling on Paris climate pact
Mercedes, VW recall million vehicles in China
Beijing (AFP) March 29, 2017
German automakers Mercedes Benz and Volkswagen will recall nearly one million vehicles in China, according to the country's quality regulator. Mercedes Benz will recall nearly 400,000 vehicles of different models produced between May 2015 and February 2017 due to concerns that parts of the ignition circuitry could overheat under some extreme conditions, according to a statement posted on the ... more
New Delhi (AFP) March 29, 2017
India court bans sale of 800,000 vehicles over emission levels
Paris (AFP) March 29, 2017
London, Paris, Seoul launch 'name-and-shame' polluting car index
Washington (AFP) March 30, 2017
VW reaches $157 mn diesel settlement with 10 US states


Ghosts of Mosul stalk Iraq's fleeing children
Hasan Sham Camp, Irak (AFP) March 31, 2017
The children proudly wield donated plastic water bottles like freshly dug nuggets of treasure, smiling despite the fear and death and destruction they have faced in their ruined city. With the impetuousness that only children can muster, they forget for a moment the hell they've endured in Mosul. "We had a big house, but Daesh bombed and burned it," says 10-year-old Nora, her undersized ... more
Baghdad (AFP) March 30, 2017
In Iraq, UN chief Guterres calls for protection of civilians
Mosul, Iraq (AFP) March 28, 2017
US-led coalition 'probably' had role in Mosul civilian casualties
Qaraqosh, Iraq (AFP) March 29, 2017
Freed from IS, but Iraq's Qaraqosh is now a ghost town
Japan ruling party urges strike capability amid N.Korea threat
Tokyo (AFP) March 29, 2017
Japan's ruling party said Wednesday the government should consider developing the capability to strike enemy bases if the country is attacked, citing North Korea's missile and nuclear threats. For years Tokyo has harboured deep suspicion of Pyongyang and seen itself as increasingly vulnerable to its nuclear and missile ambitions. North Korea conducted two nuclear tests last year and test ... more
Washington (AFP) March 29, 2017
N. Korea could be in final preparations for nuclear test: report
United Nations, United States (AFP) March 30, 2017
US warns China it is losing patience over North Korea
Beijing (AFP) March 29, 2017
China coal imports from North Korea surge in February
Daily Newsletters - Space - Military - Environment - Energy

Hong Kong activist jailed over Umbrella Movement protest
Hong Kong (AFP) March 30, 2017
A Hong Kong democracy activist was jailed Thursday over Umbrella Movement mass protests while nine more campaigners face charges, as fears grow that freedoms are under threat in the semi-autonomous city. The cases come days after pro-Beijing leader Carrie Lam was selected as city leader by a committee skewed towards the mainland camp. They also precede an expected visit by China's Presid ... more
Beijing (AFP) March 30, 2017
Tibetan fashion hits the Beijing runway
Beijing (AFP) March 27, 2017
Australia-based professor blocked from leaving China
Hong Kong (AFP) March 26, 2017
China's favourite Lam wins Hong Kong leadership, vows to heal rifts
Trump boosts US military authority for Somalia fighting
Washington (AFP) March 31, 2017
President Donald Trump has boosted the US military's authority to step up air strikes in the fight against Islamist insurgents in Somalia, the Defense Department said Thursday. According to a Pentagon official, who spoke on condition of anonymity, the new leeway accorded to the military will mean they no longer will have to justify a decision to launch air strikes, potentially leading to mor ... more
Bamako (AFP) March 28, 2017
Mali's former rebels agree to join peace conference
Cotonou (AFP) March 27, 2017
Benin's defence minister quits over constitutional reform
Washington (AFP) March 24, 2017
Operations against Kony's LRA 'coming to an end': US general


Saab to perform operational support for Swedish Gripens
Washington (UPI) Mar 28, 2017
Saab received a $42 million contract from the Swedish government to perform operational and developmental support for the Gripen fighter throughout 2017. In addition to the operation of rigs and simulators, the company will test, verify and validate Gripen C/D and Gripen E fighter aircraft systems. Gripen C/D planes will also receive operational support. Work on the contract will ... more
Washington (UPI) Mar 28, 2017
Serbia to receive MiG-29 fighters from Russia
Washington (UPI) Mar 27, 2017
Northrop Grumman gets contract mod for E-2D production
Washington (UPI) Mar 28, 2017
Simulator for F-35 naval test pilots ready to use
WTO hands China partial win over EU in poultry spat
Geneva (AFP) March 28, 2017
China won a partial victory at the World Trade Organization on Tuesday in a dispute over tariffs imposed on its poultry products by the European Union. Between 2006 and 2009, Brussels set up a wide range of tariffs on poultry imports. The EU then cut separate deals with Brazil and Thailand to reduce costs on imports from the two countries. Beijing claimed it deserved the same deal ... more
San Jos� (AFP) March 29, 2017
Mexican president says seeking 'new relationship' with US
Brussels (AFP) March 27, 2017
EU clears Dow-DuPont chemicals mega-merger
Newark DE (SPX) Mar 21, 2017
Unforeseen impacts of the fair trade movement
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 top diplomat Tillerson to push NATO pay up in first talks
Brussels (AFP) March 31, 2017
US Secretary of State Rex Tillerson will push his NATO allies to boost defence spending, at their first talks on Friday, by warning them that the disproportionate US share is "unsustainable," officials said. Tillerson will be the latest top US administration official to deliver that message when he meets fellow NATO foreign ministers in Brussels. The meeting is in preparation for a May ... more
Brussels (AFP) March 30, 2017
NATO raises 'serious concern' over Ukraine separatist IDs
Pristina (AFP) March 30, 2017
Kosovo's president bows to pressure on his army plan
Beijing (AFP) March 30, 2017
China's Xi and Trump tee up Mar-a-Lago summit


Rocks that tell our industrial history
Basque Country, Spain (SPX) Mar 29, 2017
"Because certain geological events record everything, studying them helps to reconstruct the environmental past and to determine how human beings have influenced the environment. They will even be able to offer valuable information to tackle possible effects of climate change," asserted Nikole Arrieta, author of the study analysing beachrocks. They are rock formations that are produced in ... more
Los Angeles (AFP) March 29, 2017
California prepares for war with Trump over environment
Paris (AFP) March 27, 2017
Paris mayor orders cleanliness blitz
Bogota (AFP) March 27, 2017
Colombian town votes against gold mine, in vain
Rush hour on Mosul's 'displacement highway'
Mosul, Iraq (AFP) March 30, 2017
On west Mosul's Baghdad street, thousands of displaced Iraqis flee the fighting with their meagre belongings but similar numbers walk in the other direction, heading straight back into the war-torn city. The street is currently the main corridor for civilians fleeing the battle between the Islamic State group and the government forces trying to root them out of their last strongholds. It ... more
Ayr, Australia (AFP) March 29, 2017
Military mobilises to help cyclone-ravaged Australian region
Washington DC (SPX) Mar 29, 2017
Rising flood insurance costs growing will New York City
Dhaka (IANS) Mar 27, 2017
Bangladesh to join India's South Asia Satellite initiative


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