Oil News and Gas News
May 01, 2017
OIL AND GAS
West African oil drawing capital interest



Washington (UPI) Apr 28, 2017
West African oil explorer FAR Ltd. said it finished the first quarter with $26 million in cash and is in a good position to capitalize on unlocked reserves. "FAR finished the quarter with $26.3 million in cash and no debt," the company's management team said in a quarterly report on cash flow. The company, which has headquarters in Australia, is focused almost exclusively on the oil potential off the West African coast. This quarter, it bought into reservoirs off the coast of Gambia, a b ... read more

OIL AND GAS
French major Total impresses with Venezuelan shale
Washington (UPI) Apr 28, 2017
At a time when volatility is an emerging trend in the energy sector, French supermajor Total remains an attractive player, an investment profile read. ... more
OIL AND GAS
U.S. oil earnings, legislation, lift prices, but GDP may offset gains
Washington (UPI) Apr 28, 2017
Pro-oil U.S. legislation was supporting a rally for oil prices early Friday, though growth figures from the world's largest economy could throttle the momentum. ... more
OIL AND GAS
Trump moves to lift bans on Arctic drilling
Washington (AFP) April 28, 2017
US President Donald Trump signed an executive order aimed at lifting bans on drilling for oil and gas in offshore Arctic and Atlantic areas, saying it would pull in "billions of dollars" for America and create jobs. ... more
OIL AND GAS
Libya confirms restart of its largest oil field
Washington (UPI) Apr 28, 2017
Libya's national oil company said there may be long-standing agreements in place to keep the taps open in the company to the tune of 200,000 barrels per day. ... more
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OIL AND GAS
EU to start first-ever energy forum with Iran
Washington (UPI) Apr 28, 2017
With trade levels growing in response to easing sanctions, the energy commissioner for the European Union said Friday he was headed to Iran to strengthen ties. ... more
OIL AND GAS
Greenpeace disrupts Credit Suisse meet over pipeline financing
Zurich (AFP) April 28, 2017
Greenpeace activists disrupted a Credit Suisse shareholder meeting in Zurich Friday, unfurling a banner to protest the bank's alleged financing of the controversial Dakota Access pipeline in the United States. ... more
OIL AND GAS
Trump's offshore oil move already facing legal challenge
Washington (UPI) Apr 28, 2017
With the ink barely dry on an order to review U.S. offshore drilling rights, environmental groups said preparations are already underway for a legal challenge. ... more
OIL AND GAS
Exxon more than doubles first quarter earnings over last year
Washington (UPI) Apr 28, 2017
Cost-saving efforts, coupled with improved market conditions, meant earnings for the first quarter more than doubled from last year, Exxon Mobil said Friday. ... more
OIL AND GAS
Oil production in Texas up slightly year-on-year
Washington (UPI) Apr 27, 2017
Preliminary data from Texas show total crude oil production for February was slightly more than figures from the same time last year, a regulator reported. ... more
OIL AND GAS
Oil prices sink on U.S. shale oil growth
Washington (UPI) Apr 27, 2017
The resiliency of U.S. shale oil basins offset production declines elsewhere in the world, sending crude oil prices on a downward trajectory early Thursday. ... more


Trump order may seek to reverse offshore drilling ban

OIL AND GAS
Issues found with components for North Sea oil and gas field
Washington (UPI) Apr 27, 2017
An audit of components being built in South Korea for the Martin Linge oil and gas field in the North Sea found major deficiencies, a Norwegian regulator said. ... more
OIL AND GAS
Natural gas operations in Colorado closed after fatal explosion
Washington (UPI) Apr 27, 2017
Anadarko Petroleum Corp. said it shut down operations across northeast Colorado in response to investigations of a fatal explosion near one of its wells. ... more
OIL AND GAS
Gazprom pins sales drop to pricing issues
Washington (UPI) Apr 27, 2017
Russian natural gas company Gazprom said Thursday its net sales decreased 4 percent in large part because of pricing issues, though owner profits increased. ... more
OIL AND GAS
Merger paid off, energy services firm TechnipFMC says
Washington (UPI) Apr 27, 2017
In its first quarterly report as a combined entity, energy services company TechnipFMC recorded a net income, largely on the back of North American recovery. ... more

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The Very Hungry Caterpillar joins fight against plastic pollution
Paris (AFP) April 24, 2017
A moth caterpillar commonly bred to provide fish bait feasts on a notoriously resistant plastic, scientists reported Monday, raising hopes the creature can help manage the global problem of plastic-bag pollution. "This discovery could be an important tool for helping to get rid of the polyethylene plastic waste accumulated in landfill sites and oceans," said Cambridge University professor P ... more
Washington DC (SPX) Apr 27, 2017
Finding best combination for biofuel corn, soil protection
Cambridge, UK (SPX) Apr 26, 2017
Caterpillar found to eat shopping bags, suggesting biodegradable solution to plastic pollution
Tokyo, Japan (SPX) Apr 26, 2017
Photosynthesis in the dark Unraveling the mystery of algae evolution
Indian Space Agency Comes Up With an App Indicating Solar Power Potential
New Delhi (Sputnik) Apr 26, 2017
The Indian Space Research Organisation (ISRO) has developed an Android app that will show the solar potential of a given location in any part of the country. The app was developed to support the clean energy target of generating 175,000 MW power through non-fossil fuel energy. The computation of solar energy potential is essential for selecting locations for solar photovoltaic (PV) thermal ... more
London, UK (SPX) Apr 26, 2017
Ancala and Anesco deploy large scale battery at UK solar farm
Lausanne, Switzerland (SPX) Apr 27, 2017
Light can improve perovskite solar cell performance
Golden CO (SPX) Apr 26, 2017
Experts outline pathway for generating up to 10 terawatts of power from sunlight by 2030


CEE Group acquires wind farm with a capacity of 27.6 megawatts in Brandenburg
Hamburg, Germany (SPX) Apr 27, 2017
CEE, the Hamburg-based private equity group, continues to expand its wind power portfolio in Germany. It has acquired eight wind turbines in the Vormark wind farm near to the municipality Gross Pankow (Prignitz) in Brandenburg. The seller is a consortium consisting of the Danish company European Energy A/S and the Berlin-based Green Wind Energy GmbH. The wind farm consists of eight turbine ... more
Washington (UPI) Apr 19, 2017
Norwegian company envisions wind energy role for oil production
Washington (UPI) Apr 18, 2017
Oklahoma to end tax credits for wind energy
Washington (UPI) Apr 11, 2017
German power company examining new wind energy options.
Court deals setback to South Africa's nuclear ambitions
Johannesburg (AFP) April 26, 2017
A South African court on Wednesday halted the government's accords with several countries to develop new nuclear power stations, a victory for NGOs and other critics of the plan. The High Court in Cape Town ruled that the administration had failed to allow adequate public consultation for preliminary agreements with Russia, South Korea and the United States to build eight reactors. Envir ... more
Paris, France (SPX) Apr 21, 2017
Andra continues Areva contract to operate its Aube Surface Disposal Facility
Oak Ridge TN (SPX) Apr 19, 2017
The critical importance of Predictive Power when building NPPs
Washington DC (SPX) Apr 13, 2017
AREVA NP Signs Contract for Outage Services at Farley Nuclear Generating Station
Daily Newsletters - Space - Military - Environment - Energy

US may stay in Paris climate accord, with caveats
Washington (AFP) April 26, 2017
Signs are mounting that US President Donald Trump's administration may stay in the landmark Paris climate change accord of 2015, under pressure from big business and public support for the agreement. But experts say the final decision, expected next month, is anything but certain, and staying at the table could come with significant caveats, like a weakening of US commitments to curbing gree ... more
Addis Ababa (AFP) April 28, 2017
Ethiopia drought creates food crisis for 7.7 million
Washington (AFP) April 26, 2017
US may stay in Paris climate accord, with caveats
United Nations, United States (AFP) April 24, 2017
UNEP chief confident US will not ditch Paris climate deal
Free rides offered by Alphabet's Waymo autonomous cars
San Francisco (AFP) April 25, 2017
Waymo, the self-driving car unit of Google parent Alphabet, is offering free rides to residents in Arizona as it accelerates efforts to bring autonomous vehicles to the public. The rebranded Google car division announced in a blog post late Monday it was taking applications to be part of its "early rider" program in Phoenix, the capital of the US state, and its suburbs. "We'll be accep ... more
San Francisco (AFP) April 25, 2017
Uber sets 'flying car' launch for 2020
Washington (AFP) April 26, 2017
Rideshare rivals Gett, Juno join forces
Shanghai (AFP) April 28, 2017
China's Didi 'most valuable Asian start-up'; Uber exec demoted


'Baghdaddy': New York turns Iraq war into musical
New York (AFP) May 1, 2017
The Iraq war may not sound like musical comedy, but an Off-Broadway revival is spinning intelligence failures and tragedy into a farce that offers potent messages for Donald Trump's America. "Baghdaddy" officially opens on Monday, telling the true story of an Iraqi defector, code named Curveball, whose claims about weapons of mass destruction became justification for the US-led invasion in 2 ... more
Baghdad (AFP) April 28, 2017
Car bomb attack kills four in Baghdad: spokesman
Washington (AFP) April 29, 2017
US service member killed in blast near Iraqi city of Mosul
Mosul, Iraq (AFP) April 25, 2017
IS terrorises Mosul civilians as Iraq forces advance
S Korea, US conduct military drills despite Pyongyang threats
Seoul (AFP) April 30, 2017
South Korea and the United States wrapped up their annual large-scale military drills on Sunday, but continued a separate joint naval exercise that has triggered dire threats from nuclear-armed North Korea. Tensions on the Korean peninsula have been running sky-high for weeks, with signs that the North might be preparing a long-range missile launch or a sixth nuclear test - and with Washing ... more
Seoul (AFP) May 1, 2017
N. Korea warns of nuclear test 'at any time'
Seoul (AFP) May 1, 2017
CIA chief in S.Korea for 'internal meeting': US embassy
Washington (AFP) April 30, 2017
China 'putting pressure' on North Korea: Trump
Daily Newsletters - Space - Military - Environment - Energy

Chinese court sentences rights lawyer in secret trial
Beijing (AFP) April 28, 2017
China sentenced a prominent human rights lawyer to a three-year suspended sentence Friday following a secret trial, raising concerns the country is moving to further reduce transparency in high-profile, politically sensitive cases. Li Heping, best known for defending blind lawyer Chen Guangcheng, was found guilty of "subverting state power," the Tianjin Second Intermediate Court said in a po ... more
Beijing (AFP) April 28, 2017
Chinese court sentences rights lawyer in secret trial
Hong Kong (AFP) April 26, 2017
Pro-independence activists arrested in Hong Kong
Changsha, China (AFP) April 25, 2017
Trial of China human rights lawyer delayed: supporters
Congolese plantation sprouts art centre to help the poor
Lusanga, Dr Congo (AFP) April 27, 2017
There is no tap water, electricity or shops in Lusanga, a Congolese town once known as Leverville where the Dutch-British conglomerate Unilever long ran a profitable palm oil plantation. But the 15,000 onetime workers living on the land recently found new hope in a stark contemporary art centre called the "White Cube" which stands somewhat strangely on the African skyline. Funded in part ... more
Djibouti (AFP) April 24, 2017
US Defense Secretary Mattis visits strategic Djibouti
Nairobi (AFP) April 23, 2017
Top conservationist wounded in Kenya gun attack
Rabat (AFP) April 22, 2017
Morocco, US stage joint military exercise


FAA and Aireon announce ADS-B nextgen technology flight test success
McLean VA (SPX) Apr 27, 2017
Aireon and the Federal Aviation Administration (FAA) has announced a successful flight test of space-based Automatic Dependent Surveillance-Broadcast (ADS-B) technology, collecting ADS-B data to be used as part of a larger validation effort exploring the new system's capability from low-earth orbit. The flight took place on Thursday, March 30, 2017, utilizing the FAA's specially equipped " ... more
Cleveland OH (SPX) Apr 28, 2017
The QueSST for Quiet
Brasilia (AFP) April 25, 2017
China's HNA buys stake in Rio airport: Brazil official
Washington (AFP) April 24, 2017
'Personal flying machine' maker plans deliveries this year
Trump targets aluminum in week of trade tensions
Washington (AFP) April 27, 2017
In a week full of trade discord, US President Donald Trump vowed Thursday to take action to boost the American aluminum industry which has been "unfairly damaged" by imports. The industry is "critical" to the defense industry," Trump said at the White House. "We can't afford to become dependent on foreign nations for the aluminum that our military relies on." The Trump administration ... more
Ottawa (AFP) April 25, 2017
Canada's Trudeau says will stand up to Trump on trade
Jerusalem (AFP) April 23, 2017
Israel signs deal to bring in 6,000 Chinese labourers
Tokyo (AFP) April 20, 2017
Japan's exports jump in March
Daily Newsletters - Space - Military - Environment - Energy

EU's Mogherini says still wants Turkey to join
Valletta (AFP) April 28, 2017
EU foreign affairs chief Federica Mogherini said Friday that accession talks with Turkey have not been halted and she still wants it to join, if Ankara can meet necessary conditions. Her remarks, following a EU foreign ministers meeting in Valletta, came after recent calls from some countries that negotiations over Turkey's potential membership of the bloc should be stopped. The talks in ... more
Cetinje, Montenegro (AFP) April 28, 2017
Montenegro parliament approves NATO accession
Beijing (AFP) April 28, 2017
China more interested in Macron's marriage than his politics
Manila (AFP) April 27, 2017
Philippines' Duterte says helpless against China


Philippine minister bans new open-pit mines worth $8 bn
Manila (AFP) April 27, 2017
Philippine socialite-turned-environment minister Regina Lopez caused ire in the mining industry Thursday by announcing a ban on new open-pit mines, a move that threatens over eight billion dollars in investments. Lopez, who has already ordered the closure of 23 mines this year, told reporters she would not allow any new open-pit mines to operate, even those that gained government approval be ... more
Pensacola, FL (SPX) Apr 27, 2017
Predicting the movement and impacts of microplastic pollution
Washington DC (SPX) Apr 27, 2017
New approach to improve detection of landfill-related pollution
London (AFP) April 27, 2017
British government loses court case over air pollution plans
Engineers shine light on deadly landslide
Champaign IL (SPX) Apr 27, 2017
Late in the morning of March 22, 2014, a huge chunk of land cut loose and roared down a hillside in the Stillaguamish River Valley just east of Oso, Washington, about 60 miles northeast of Seattle. In a matter of minutes, 43 people lost their lives as a wall of mud, sand, clay, water and trees cascaded down the hillside into the Steelhead Haven neighborhood, a relatively new housing tract. ... more
Bishkek, Kyrgyzstan (AFP) April 29, 2017
24 dead as Kyrgyz landslide engulfs village homes
Vienna (AFP) April 29, 2017
Soul-searching scientists struggle to get message across
Kiev (AFP) April 26, 2017
Ukraine, Belarus leaders mark Chernobyl anniversary


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