Oil News and Gas News
April 12, 2017
OIL AND GAS
Russia stands by OPEC oil production commitments



Washington (UPI) Apr 11, 2017
Russia will be 100 percent in compliance with the terms of a production deal coordinated by OPEC by the end of the month, Russia's oil minister said. Russia is the largest contributor among non-member states to a deal implemented in January by the Organization of Petroleum Exporting Countries. According to Russian news agency Tass, total crude oil production from Russia last month was 11.04 million barrels per day, a decline from the benchmark used by OPEC of 202,300 barrels per day, or about 6 ... read more

OIL AND GAS
Potential grows for reserves offshore Norway
Washington (UPI) Apr 11, 2017
The results of an appraisal well in the Edvard Grieg oilfield in Norwegian waters could lead to an increase in the overall reserve estimate, a company said. ... more
OIL AND GAS
Libya estimates field closure costing $9.8 million per day
Washington (UPI) Apr 11, 2017
The closure of one of the largest oil fields in Libya means a loss of about $9.8 million and the outage of huge volumes of oil, a national oil company said. ... more
OIL AND GAS
Production down, sales up for Russian gas producer
Washington (UPI) Apr 11, 2017
Novatek, the largest private natural gas producer in Russia, said first quarter gas production was down nearly 10 percent from last year. ... more
OIL AND GAS
Texas drilling activity more than doubled from last year
(UPI) Apr 10, 2017
The total number of original drilling permits more than doubled year-on-year in March, though commercial prospects may be lower, a Texas regulator reported. ... more
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OIL AND GAS
Gas prices up on geopolitical tensions, end of winter
Washington (UPI) Apr 11, 2017
A steady rise in crude oil prices and maintenance at the nation's refineries means steady pain at the pump for U.S. motorists, motor club AAA reports. ... more
OIL AND GAS
Weak start for oil prices ahead of data dump
Washington (UPI) Apr 11, 2017
Oil prices limped into the trading day early Tuesday after steady gains as investors took stock of the latest supply and demand trends. ... more
OIL AND GAS
China, Myanmar ink oil pipeline deal
Beijing (AFP) April 10, 2017
China and Myanmar agreed a deal on a crude oil pipeline between the neighbouring countries as part of a raft of agreements signed when their leaders met Monday in Beijing. ... more
OIL AND GAS
OMV sees Libya as a natural fit
Washington (UPI) Apr 10, 2017
Libya fits in well with a strategy of capitalizing on mature onshore oil basins and service to European energy needs, the head of Austria's OMV said. ... more
OIL AND GAS
Oil prices rally on geopolitical tensions
Washington (UPI) Apr 10, 2017
Geopolitical factors spilled over into the broader economic mood early Monday to send crude oil prices sharply higher in early trading. ... more
OIL AND GAS
Brent decommissioning opaque, environmentalists say
Washington (UPI) Apr 10, 2017
Royal Dutch Shell hasn't provided enough information on plans to take down key North Sea infrastructure to address our concerns, environmental groups said. ... more


Iran sees foreign investments in energy sector stable

OIL AND GAS
Senegal oil efforts financed, FAR Ltd. says
Washington (UPI) Apr 7, 2017
A cash infusion from the placement of shares in West African oil and gas explorer FAR Ltd. is testimony to the region's potential, its managing director said. ... more
OIL AND GAS
North American rig count increased in March
Washington (UPI) Apr 7, 2017
Exploration and production activity in North America outpaced the rest of the world in terms of general gains, oilfield services company Baker Hughes reported. ... more
OIL AND GAS
Conflict-surge in oil prices fades on rig, labor figures
Washington (UPI) Apr 7, 2017
An overnight surge in crude oil prices moderated in the hour before the start of U.S. trading Friday with rig counts and labor figures putting a lid on the rally. ... more
OIL AND GAS
Norway issues new drilling permits for North and Barents Seas
Washington (UPI) Apr 7, 2017
The government of Norway, one of the largest oil and gas exporters to Europe, said Friday it signed off on new drilling permits in its territorial waters. ... more

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Gripen fighter completes test flights using 100 percent biofuel
Washington (UPI) Apr 7, 2017
A Gripen fighter owned by Sweden's Ministry of Defense has successfully flown using a GKN RM12 engine completely powered by renewable biofuel. GKN Aerospace said the flight occurred late last month at Saab's facilities in Linköping, with both companies claiming the flights as the first time a single-engine fighter has flown with 100 percent biofuel. The fuel used is named CHCJ-5 ... more
Champaign IL (SPX) Apr 06, 2017
Scientists engineer sugarcane to produce biodiesel, more sugar for ethanol
San Francisco CA (SPX) Apr 04, 2017
Ridding the oceans of plastics by turning the waste into valuable fuel
New Delhi (AFP) March 31, 2017
Shell unveils giant new high-tech research lab in India
IEA: India needs diverse investments in renewables
Washington (UPI) Apr 10, 2017
India, which accounts for about 6 percent of total world energy demand, is making strides with renewables, but needs more investments, the IEA said. India aims to triple its renewable power capacity by 2022 to 175 gigawatts by drawing on new solar and wind energy sources. "India's power system is already adapting to the flexibility challenge," Michael Waldron, an energy investmen ... more
Paris (AFP) April 6, 2017
Record amount of renewables capacity added in 2016: UN
Treviso, Italy (SPX) Apr 10, 2017
Upsolar Introduces its Floating Solar Technology to Europe
Nairobi, Kenya (SPX) Apr 10, 2017
Record new renewable power capacity added worldwide at lower cost


Canada sees emerging role for wind energy
Washington (UPI) Apr 6, 2017
With economic diversification on the agenda in Canada, the country's natural resources minister said this may be the start of the era for wind energy. Wind energy advocates and government officials visited Quebec for a regional energy conference as the North American energy landscape is shifting. Robert Hornung, the president of the Canadian Wind Energy Association, told the audience mo ... more
Washington (UPI) Apr 4, 2017
U.N. says low-carbon economy not a "pipe dream"
Washington (UPI) Mar 28, 2017
Mega-wind farm offshore Denmark clears hurdle
Tokyo (AFP) March 29, 2017
Japan scientist eyes energy burst from 'typhoon turbine'
S.Africa to re-think nuclear deal after junk status : ANC
Johannesburg (AFP) April 9, 2017
South Africa's ruling party on Sunday said the government will have to re-think its costly and highly contentious nuclear expansion programme following last week's relegation of the country's creditworthiness to junk. Within days of each other the world's two major rating agencies Fitch and Standard & Poor's downgraded South African sovereign debt to junk status after President Jacob Zuma's ... more
Paris (AFP) April 9, 2017
France enshrines decision to close oldest nuclear plant
Tokyo (AFP) April 4, 2017
Toshiba to buy Engie's stake in NuGen for $139 mn
Chiba, Japan (AFP) March 30, 2017
Toshiba execs under fire as loss forecast balloons
Daily Newsletters - Space - Military - Environment - Energy

Drought, conflict and famine in Africa
Nairobi (AFP) April 11, 2017
Drought and conflict have pushed the Horn of Africa, Nigeria and Yemen to the brink of famine, and a lack of aid funding means many could starve to death, the UN said Tuesday. More than 20 million people are at risk of famine in Somalia, Yemen and Nigeria, a tragedy already affecting 100,000 people in war-torn South Sudan. Worldwide, Africa has been hardest hit by famine in recent decade ... more
Washington DC (SPX) Apr 10, 2017
Plants have been helping to offset climate change, but now it's up to us
Rochester NY (SPX) Apr 10, 2017
Tibet sediments reveal climate patterns from late Miocene, 6 million years ago
Rome (AFP) April 10, 2017
G7 energy ministers fail to agree statement on climate change: Italy
Renewable energy needed to drive uptake of electric vehicles
Brisbane, Australia (SPX) Apr 06, 2017
Plugging into renewable energy sources outweighs the cost and short driving ranges for consumers intending to buy electric vehicles, according to a new study. Queensland University of Technology Postdoctoral Research Fellow Dr Kenan Degirmenci, from QUT Business School, said environmental performance - or being green - was more important than price or range confidence for electric vehicle ... more
Washington (UPI) Apr 11, 2017
When distracted drivers slow down, danger ensues, study shows
Ottawa (AFP) March 30, 2017
Ford boosts research in Canada for connected cars
Washington (AFP) April 3, 2017
Tesla tops quarterly sales forecast


Iraq's Sadr warns Assad could share Kadhafi's fate
Najaf, Iraq (AFP) April 11, 2017
Iraqi cleric Moqtada Sadr on Tuesday warned Syrian President Bashar al-Assad that he risked suffering the same fate as slain Libyan leader Moamer Kadhafi if he did not step down. The maverick cleric had last week condemned the suspected deadly use of chemical weapons by Assad's forces against civilians, becoming a rare Shiite leader to openly challenge the Syrian president's legitimacy. ... more
Qaraqosh, Iraq (AFP) April 9, 2017
First Palm Sunday since IS in Iraq's main Christian town
Arbil, Iraq (AFP) April 6, 2017
Iraqi helicopter downed in fight to retake Mosul
Baghdad (AFP) April 5, 2017
Iraq urges residents in IS-held areas to shelter at home
Russia to upgrade Iskander-M missile
Washington (UPI) Apr 11, 2017
Russia's state-owned Rostec corporation announced plans to upgrade the country's Iskander-M tactical ballistic missile systems on Tuesday. Speaking with the TASS news agency, Rostec CEO Sergey Chemezov said his company aims to deliver an improved tactical missile to the Kremlin by 2020. "In accordance with the adopted strategy of the cluster Armaments within ten years we are goin ... more
Washington (AFP) April 9, 2017
Trump seeks options for eliminating NKorea nuke threat
Seoul (AFP) April 11, 2017
North Korea vows response to 'reckless' US Navy move
Seoul (AFP) April 11, 2017
North Korea vows response to 'reckless' US Navy move
Daily Newsletters - Space - Military - Environment - Energy

China remains world's biggest executioner: Amnesty
Beijing (AFP) April 10, 2017
China executed more people in 2016 than all other nations combined, Amnesty International said Tuesday, as death penalties in the world decreased overall. The human rights organisation estimates the Asian giant alone killed "thousands" of people, a figure based on examinations of court records and news reports. All other countries together executed at least 1,032 people last year - a ... more
Hong Kong (AFP) April 10, 2017
Hong Kong protester jailed over anti-China clashes
Los Angeles (AFP) April 5, 2017
US authorities bust visa fraud scheme for wealthy Chinese
Beijing (AFP) April 5, 2017
Billionaire Warren Buffet becomes face of Coke in China
Three killed in Mogadishu army camp attack: military
Mogadishu (AFP) April 10, 2017
A suicide bomber blew himself up inside a Mogadishu army camp Monday, killing at least three soldiers a day after the army chief escaped an attack on his convoy, military sources said. "The suicide bomber was stopped at the main entrance and he blew himself up. Three soldiers died and several others were wounded," said soldier Abdukadir Farah, who was inside the camp at the time of the attac ... more
Washington (AFP) April 10, 2017
El Nino can warn on cholera outbreaks in Africa: study
Bamako (AFP) April 9, 2017
Five dead in jihadist attack in Mali
Kano, Nigeria (AFP) April 9, 2017
Boko Haram kills eight, abducts women in NE Nigeria: sources


Navy grounds T-45C trainer aircraft over safety concerns
Washington (UPI) Apr 6, 2017
The U.S. Navy has temporarily grounded its T-45C trainer aircraft fleet amid oxygen supply problems that could incapacitate its crew. The three-day pause in flight operations took effect Wednesday on orders from Naval Air Forces Commander Vice Adm. Mike Shoemaker. "The pause is in response to concerns raised by T-45C pilots over the potential for physiological episodes," U.S. Nav ... more
Washington (UPI) Apr 5, 2017
Saab developing Gripen fighter for Brazil
Washington (UPI) Apr 5, 2017
CH-53K helicopters approved for low-rate production
Washington (UPI) Apr 11, 2017
Lockheed Martin gets $372 million contract mod for F-35 work
Leading electronic fest Ultra expands to China, India
New York (AFP) April 10, 2017
Leading electronic music festival Ultra announced an expansion Monday to China and India, sensing a bright future for the booming genre in the world's two most populous countries. Ultra Music Festival, launched in 1999 in Miami when electronic dance music was beginning to find mass audiences in the West, also plans to head to Australia which will bring the party to six continents. The Se ... more
Beijing (AFP) April 12, 2017
China producer prices jump 7.6% in March: govt
Stanford-Le-Hope, United Kingdom (AFP) April 10, 2017
First 'Silk Road' train from Britain leaves for China
Santiago (AFP) April 10, 2017
Chile, China start talks to expand trade deal
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
Beijing offers big bucks for foreign spy tip-offs
Beijing (AFP) April 10, 2017
Budding Chinese sleuths could start stalking foreigners as suspected spies in Beijing after authorities in the city on Monday offered a cash bonanza for information on overseas agents. Members of the public can report suspected espionage through a special hotline, by mail or in person and will be rewarded with up to 500,000 yuan ($72,460) in compensation if their intelligence is deemed usefu ... more
Washington (AFP) April 11, 2017
Trump approves Montenegro's accession to NATO
Tawang Town, India (AFP) April 8, 2017
Dalai Lama accuses China of fooling its people
Beijing (AFP) April 10, 2017
China's Xi praises normalisation of ties with Norway


Road salt runoff threatens US, Canada lakes: study
Washington (AFP) April 10, 2017
Salting of roads in winter helps drivers navigate snow and ice, but the runoff may be irreparably damaging freshwater lakes in the United States and Canada, researchers warned Monday. Most of the 371 North American freshwater lakes in the US Northeast and Midwest and Ontario province are showing an increase in salinity from chloride runoff, according to a study published in the journal Proce ... more
London (AFP) April 9, 2017
Polluted London sets its sights on cars
Shanghai (AFP) April 6, 2017
Shanghai river clean-up leaves boat-dwellers in limbo
Dhaka (AFP) April 6, 2017
Bangladesh closes one of world's most polluted places
Glowing bacteria detect buried landmines
Jerusalem (SPX) Apr 12, 2017
The need for safe and efficient technologies for detecting buried landmines and unexploded ordnance is a humanitarian issue of immense global proportions. About half a million people around the world are suffering from mine-inflicted injuries, and each year an additional 15 to 20 thousand more people are injured or killed by these devices. More than 100 million such devices are still buried in o ... more
Washington (UPI) Apr 11, 2017
General Dynamics marks milestone for U.S. border systems
Hammam Al-Alil, Iraq (AFP) April 10, 2017
Near Mosul, soldiers and displaced meet at the spa
Jiutepec, Mexico (AFP) April 11, 2017
Victims of military torture fear Mexico security bill


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