Oil News and Gas News
April 03, 2017
OIL AND GAS
China wades into oil basins off the West African coast



Washington (AFP) March 31, 2017
Prospects for expanding the footprint in emerging oil basins off the Senegalese and Gambian coasts has increased through a Chinese partnership, FAR Ltd. said. FAR Ltd., an Australian company with a heavy focus on oil basins off the coast of Africa, said it entered into a partnership with the British subsidiary of China National Offshore Oil Corp. that defines areas of mutual interest off the coast of Gambia and Senegal. The deal gives both companies the ability to partner up on evaluatin ... read more

OIL AND GAS
Guyana emerging as a new oil frontier
Washington (AFP) March 31, 2017
A discovery ff oil by Exxon Mobil off the coast of Guyana suggests the country is emerging as the sector's next major hot spot, a regional player said. ... more
OIL AND GAS
IMF: Nigeria's economy still under strain despite oil bounce
Washington (AFP) March 31, 2017
Without a change in focus, the Nigerian economy will expand less than 1 percent even with a recovery in crude oil prices, the International Monetary Fund said. ... more
OIL AND GAS
Keystone XL controversy lingers with legal challenge
Washington (AFP) March 31, 2017
A legal challenge to the Keystone XL oil pipeline keeps the focus on opposition as the review process heads to the state level, a market analyst said. ... more
OIL AND GAS
Oil prices in modest decline in Friday's waiting game
Washington (AFP) March 31, 2017
Crude oil prices drifted lower in early Friday trading as markets relax following two consecutive days of gains ahead of a key meeting of OPEC ministers. ... more
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OIL AND GAS
New fire protection measure in force in oil-rich Alberta
Washington (AFP) March 31, 2017
After wildfires last year hobbled Alberta's oil sector, the provincial government said Friday marks the start of enforcement of new protection regulations. ... more
OIL AND GAS
Michigan Republican aims to shut down Enbridge pipeline
Washington (AFP) March 31, 2017
A Republican senator from Michigan said he's working through legislative efforts to close down an Enbridge oil pipeline in the Great Lakes. ... more
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. ... 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


Genel Energy aims to emerge as a natural gas player

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
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

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Shell unveils giant new high-tech research lab in India
New Delhi (AFP) March 31, 2017
Oil giant Shell opened Friday a high-tech research hub in southern India that is hoping to pioneer the green energy of the future, including ways to transform farm and city waste into clean fuel. The sprawling facility in the Indian tech capital Bangalore will house 1,500 experts under one roof as Shell expands its research and development operations in Asia. The 21-hectare hub will host ... more
Bochum, Germany (SPX) Mar 30, 2017
Hydrogen production: This is how green algae assemble their enzymes
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
Report: Global renewable power capacity expanding
Washington (UPI) Mar 30, 2017
As European and Asian leaders take up the low-carbon mantel from the United States, a global report found 2016 was a record-setter for renewable energy. The International Renewable Energy Agency reported total global renewable energy capacity increased last year by 161 gigawatts, reaching 2,000 GW by the end of the year. According to estimates from the U.S. Energy Department, 1 gigawatt ... more
Washington DC (SPX) Mar 31, 2017
Financialization's negative effect on the American solar industry
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


Japan scientist eyes energy burst from 'typhoon turbine'
Tokyo (AFP) March 29, 2017
Most people look for a place to hide when a typhoon is on the horizon, but Atsushi Shimizu hopes that the fury of nature may one day help resource-poor Japan tackle its energy woes. As thousands of Australians seek shelter from a "monster" cyclone battering the country's northern coast, the Tokyo-based engineer believes that his bladeless wind turbine can not only stand up to the raw force o ... more
Washington (UPI) Mar 28, 2017
Mega-wind farm offshore Denmark clears hurdle
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
Chiba, Japan (AFP) March 30, 2017
Toshiba execs under fire as loss forecast balloons
Washington (AFP) March 30, 2017
Westinghouse's woes spotlight US nuclear sector's decline
Tokyo (AFP) March 28, 2017
Japan high court rules nuclear reactors can restart
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
New York (AFP) March 31, 2017
US will keep climate commitments despite Trump: ex-mayor of NY
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'
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
Kennedy Space Center FL (SPX) Mar 30, 2017
NASA Kennedy Partners to Help Develop Self-driving Cars
Paris (AFP) March 29, 2017
London, Paris, Seoul launch 'name-and-shame' polluting car index


At Iraq camp, UN chief urges more aid for people of Mosul
Hasan Sham Camp, Iraq (AFP) March 31, 2017
UN chief Antonio Guterres appealed on Friday for more aid for the people of Mosul, as he visited a camp for Iraqis displaced by the battle to retake the second city from jihadists. Iraq is nearly six months into the operation to oust the Islamic State group from its most populous bastion - a battle that has sparked major humanitarian concerns. More than 200,000 civilians have fled IS-he ... more
Hasan Sham Camp, Irak (AFP) March 31, 2017
Ghosts of Mosul stalk Iraq's fleeing children
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
S. Korea, Japan, US hold drill against N. Korea submarines
Seoul (AFP) April 3, 2017
South Korea, Japan and the US held a joint naval exercise Monday aimed at countering missile threats from North Korean submarines, Seoul's defense ministry said, amid mounting concerns over the hermit state's weapons programme. Pyongyang is on a quest to develop a long-range missile capable of hitting the US mainland with a nuclear warhead, and has so far staged five nuclear tests, two of th ... more
Washington (AFP) April 2, 2017
US urges China to take 'action' against North Korea
United Nations, United States (AFP) March 30, 2017
US warns China it is losing patience over North Korea
Kuala Lumpur (AFP) March 31, 2017
Kim Jong-Nam's body returned to North Korea: China
Daily Newsletters - Space - Military - Environment - Energy

Chinese-born professor returns to Australia
Sydney (AFP) April 2, 2017
An Australian-based Chinese professor who has been critical of Beijing flew back to Sydney Sunday, a week after he was blocked from leaving China at the end of a visit. Feng Chongyi, a permanent resident of Australia who has a Chinese passport, had been barred from flying out of the southern city of Guangzhou and was questioned by authorities. His lawyer said at the time he was "suspec ... more
Hong Kong (AFP) April 2, 2017
Warhol Mao portrait fetches $12.7m in Hong Kong auction
Beijing (AFP) April 2, 2017
What's in a Chinese name? Ancient rites and growing business
Hong Kong (AFP) March 30, 2017
Hong Kong activist jailed over Umbrella Movement protest
UN renews smaller DR Congo peacekeeping force
New York (AFP) March 31, 2017
The United Nations Security Council voted unanimously Friday to renew the mandate of the peacekeeping force in the Democratic Republic of Congo, but cut its numbers. The council voted to approve the MONUSCO mission for another year and asked that a review of its strategy be completed by September. And members warned President Joseph Kabila that his government must honor a power-sharing d ... more
Bamako (AFP) April 2, 2017
Mali peace conference calls for talks with jihadists
Ouagadougou (AFP) April 2, 2017
Burkina troops tried for arms depot raid claim tortured
Washington (AFP) March 31, 2017
Trump boosts US military authority for Somalia fighting


Super Pressure Balloon Flight Enables Pioneering Infrasound Study
Washington DC (SPX) Mar 31, 2017
It's all about that bass and lots of it. Deep, deep base-sound at frequencies too low for the human ear to pick-up. It's called infrasound, low-frequency soundwaves formed by events as diverse as ocean waves crashing together, volcanic eruptions and earthquakes to rocket launches. These soundwaves, capable of traveling around the world multiple times, have never been recorded from the stratosphe ... more
Washington (UPI) Mar 30, 2017
General Electric to install Hornet engines for U.S. Navy
Washington (UPI) Mar 31, 2017
Boeing awarded contract to build 17 Poseidon aircraft
Washington (UPI) Mar 30, 2017
Northrop Grumman to upgrade French Hawkeye aircraft
Trump to name and shame trade 'cheats'
Washington (AFP) March 31, 2017
President Donald Trump will order staff Friday to pinpoint countries and goods responsible for America's nearly $50 billion trade deficit, in a protectionist warning shot to trade partners like China. Top administration officials said Trump will issue a pair of executive orders aimed at rooting out the causes and culprits behind America's trade deficit, in a first step toward converting toug ... more
Washington (AFP) March 30, 2017
Trump predicts 'very difficult' China summit
San Jos� (AFP) March 29, 2017
Mexican president says seeking 'new relationship' with US
Geneva (AFP) March 28, 2017
WTO hands China partial win over EU in poultry spat
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
On Russia, Trump administration hews closely to Obama playbook
Brussels (AFP) April 2, 2017
Before moving to the White House, Donald Trump expressed his admiration for Russian leader Vladimir Putin and predicted that "President Trump would be so much better for US-Russia relations". But two months into his presidency, reality has so far proved otherwise - with the Trump administration talking tough and taking diplomatic positions akin to those of his predecessor Barack Obama, expe ... more
Moscow (AFP) March 31, 2017
Moscow denounces NATO 'slander'
Brussels (AFP) March 31, 2017
US top diplomat Tillerson to push NATO pay up in first talks
Brussels (AFP) March 30, 2017
NATO raises 'serious concern' over Ukraine separatist IDs


Argentina suspends Canada's Barrick mining over spill
Buenos Aires (AFP) March 30, 2017
Argentina suspended Canadian mining company Barrick Gold on Thursday after the firm admitted to a new spill at a mine in the Andes mountains, its third in two years. Barrick said Wednesday that a pipeline at its Veladero gold and silver mine had sprung a leak the day before, spilling liquid used in the mining process. It insisted there were no toxic chemicals in the spill, but environmen ... 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
Basque Country, Spain (SPX) Mar 29, 2017
Rocks that tell our industrial history
Six months post-hurricane, hunger gnaws at southern Haiti
J�r�mie, Haiti (AFP) April 3, 2017
Crouching beside the makeshift shelter shared with his parents and five siblings, Fanfan Edouard slowly sharpens his machete. But there's no rush to cut firewood, because there is no food to cook. "I'll try to buy rice on credit and find work, anything to pay later," the 26-year-old says, speaking without much conviction. Since Hurricane Matthew destroyed their two small homes, the Edoua ... more
Jakarta (AFP) April 2, 2017
At least two dead, 26 missing in Indonesia landslide
Amatrice, Italy (AFP) April 2, 2017
Prince Charles embraces Italy quake survivors
Mosul, Iraq (AFP) March 30, 2017
Rush hour on Mosul's 'displacement highway'


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