Oil News and Gas News
May 02, 2017
OIL AND GAS
Oil prices lower on softening China



Washington (UPI) May 1, 2017
The steady rise in U.S. exploration and production figures, coupled with a slowing Chinese economy, helped drag crude oil prices lower in early Monday trading. Crude oil prices moved lower during the latter half of April as U.S. crude oil production recovered on the back of improved market conditions. On Friday, oilfield services company Baker Hughes reported nine more rigs added to the U.S. fleet for the week ending April 28, putting the upstream sector on par with levels from 2015. On ... read more

OIL AND GAS
Iran's president leans on economic successes
Washington (UPI) May 1, 2017
Incumbent Iranian President Hassan Rouhani said easing international sections and addressing a high rate of inflation are priorities for the OPEC member state. ... more
OIL AND GAS
Kuwait reports increased oil profits in difficult environment
Washington (UPI) May 1, 2017
A national oil company in Kuwait said it was able to post a profit for the fiscal year even against a decline in crude oil prices and stiff competition. ... more
OIL AND GAS
Pull out of Paris climate deal, energy group tells Trump
Washington (UPI) May 1, 2017
The U.S. president needs to pull the country out of the Paris climate agreement in order to stimulate the oil and gas sector, a trade group said. ... more
OIL AND GAS
Pall remains over Canadian oil sands after wildfires
Fort Mcmurray, Canada (AFP) April 30, 2017
One year after massive wildfires swept through Alberta province in Canada's worst natural disaster in history, the future of the oil sands - which contain a third of the world's oil reserves - remains bleak. ... more
Previous Issues May 01 Apr 28 Apr 27 Apr 26 Apr 25
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
Colorado gas blast idles second company
Washington (UPI) May 1, 2017
All natural gas lines within 250 feet of occupied buildings in parts of Colorado are closed while investigations into a fatal blast continue, a company said. ... more
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. ... 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


EU to start first-ever energy forum with Iran

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

Space Media Advertising


Finding best combination for biofuel corn, soil protection
Washington DC (SPX) Apr 27, 2017
The phrase "a double-edged sword" describes something that is beneficial in some ways but problematic in others. One example is removing maize stover (the husks, stems and leaves of corn plants) from fields. Maize stover is used to make cellulosic ethanol, a renewable biofuel. And renewable biofuels are beneficial to the environment. However, removing the stover can harm the environment because ... more
Kumamoto, Japan (SPX) May 02, 2017
Fast, low energy, and continuous biofuel extraction from microalgae
Cambridge, UK (SPX) Apr 26, 2017
Caterpillar found to eat shopping bags, suggesting biodegradable solution to plastic pollution
Paris (AFP) April 24, 2017
The Very Hungry Caterpillar joins fight against plastic pollution
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
Washington (UPI) May 1, 2017
U.S. renewable power groups defend reliability
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
Uber sets 'flying car' launch for 2020
San Francisco (AFP) April 25, 2017
Uber said Tuesday it wants to launch a system of flying cars to move people around cities, with a goal of putting demonstration projects in place by 2020. The ridesharing giant announced a series of partnerships to manufacture "vertical takeoff and landing" (VTOL) vehicles and put networks in place, a system dubbed Uber Elevate. The partner cities working with Uber are Dubai and the Dall ... more
Beirut (AFP) April 30, 2017
Bike-sharing launched in congested Beirut
San Francisco (AFP) April 25, 2017
Free rides offered by Alphabet's Waymo autonomous cars
Washington (AFP) April 26, 2017
Rideshare rivals Gett, Juno join forces


In Iraq's Mosul, mobile clinics deliver precious medical care
Mosul, Iraq (AFP) May 1, 2017
Men, women and children stand in separate lines in the scorching sun baking west Mosul's Baghdad Square for a turn in one of the two white mobile clinics. For these Iraqis, displaced by fierce fighting as government forces close in on the Old City where Islamic State group jihadists are still entrenched, free medical care is a godsend. Advancing Iraqi forces have retaken several neighbou ... more
Habbaniyah, Iraq (AFP) May 2, 2017
IS attack in western Iraq kills 10 soldiers: officers
New York (AFP) May 1, 2017
'Baghdaddy': New York turns Iraq war into musical
Baghdad (AFP) April 28, 2017
Car bomb attack kills four in Baghdad: spokesman
Trump would be 'honored' to meet N.Korea's Kim, if conditions right
Washington (AFP) May 1, 2017
US President Donald Trump on Monday said he would not rule out meeting North Korean leader Kim Jong-Un, under the right conditions, as Pyongyang threatens to carry out a sixth nuclear test. Tensions on the Korean peninsula have been running high for weeks, with signs the North might be preparing a long-range missile launch or a new nuclear test - prompting tough talk from Washington, which ... more
Washington (UPI) May 1, 2017
Lockheed Martin receives Trident missile contract
Seoul (AFP) April 30, 2017
S Korea, US conduct military drills despite Pyongyang threats
Seoul (AFP) May 1, 2017
N. Korea warns of nuclear test 'at any time'
Daily Newsletters - Space - Military - Environment - Energy

Opera troupe tours rural China defending a dying art
Yuxian, China (AFP) May 1, 2017
For the 50-year-old Chinese opera performer, every aspect of the dimly-lit backstage room was a reminder that things had changed. The elaborate costumes carelessly thrown aside, the young troupe members playing with their smartphones, the half-eaten noodles abandoned in the corner - all were tokens of disorder that made Li Zhiguo grimace in his blue and gold cap. "I get angry sometimes ... more
Hong Kong (AFP) April 29, 2017
World's only Tiananmen museum returns to Hong Kong
Beijing (AFP) April 28, 2017
Chinese court sentences rights lawyer in secret trial
Hong Kong (AFP) April 30, 2017
Hong Kong pulls out stops to mark 20 years of Chinese rule
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
Washington (UPI) May 1, 2017
Department of Defense awards contract for 240 F-35 Lightning II planes
Washington (UPI) Apr 27, 2017
Lockheed Martin to upgrade sensor systems Japan's Apache helicopters
Washington (UPI) Apr 27, 2017
Eurofighter Typhoon successfully tests Meteor missile
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
Sydney (AFP) May 1, 2017
Tech billionaire buys Sydney mansion for record price
Shanghai (AFP) April 30, 2017
China targets debt risks, but does it mean business?
Ottawa (AFP) April 25, 2017
Canada's Trudeau says will stand up to Trump on trade
Daily Newsletters - Space - Military - Environment - Energy

Philippines' Duterte hesitant on US visit, warm on China
Davao, Philippines (AFP) May 1, 2017
Philippine President Rodrigo Duterte said Monday he may turn down an invitation by Donald Trump to visit the United States, as he welcomed three Chinese warships to his home town. Duterte, who has loosened the Philippines' long alliance with the United States while strengthening ties with China and Russia, said he could not commit to the American president because of a busy schedule that inc ... more
Washington (AFP) April 30, 2017
Trump vows to win 'battles' ahead, at home and abroad
Hong Kong (AFP) April 30, 2017
Celebration and protest as Indonesian leader visits Hong Kong
Istanbul (AFP) May 1, 2017
Erdogan seeks to send Trump stern message on Syrian Kurds


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
Bullying is on the decline in most schools, new research shows
Washington (UPI) May 1, 2017
New research suggests bullying and bullying-related behaviors are on the decline at elementary, middle and high schools. Education researchers surveyed approximately 246,000 students in grades 4 through 12 at 109 Maryland schools over the course of ten years. The result - detailed in the journal Pediatrics - suggest bullying is trending down. "While bullying is a significant pu ... more
Champaign IL (SPX) Apr 27, 2017
Engineers shine light on deadly landslide
New Brunswick NJ (SPX) May 02, 2017
Zapping bacteria with sanitizers made of paper
Bishkek, Kyrgyzstan (AFP) April 29, 2017
24 dead as Kyrgyz landslide engulfs village homes


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