Oil News and Gas News
May 09, 2017
OIL AND GAS
Oil prices continue downward trend despite OPEC talk



Washington DC (UPI) May 8, 2017
Crude oil prices were looking for momentum from the French presidential election and from OPEC production cut agreements, but Monday was off to a slow start. French voters moved in favor of centrist candidate Emmanuel Macron in the Sunday election in a rebuke of the populist far-right Marine Le Pen, who called for a French exit from the European Union during her campaign. Crude oil prices shot up initially after the vote, but faltered as markets woke up Monday morning. The French CAC 40 ... read more

OIL AND GAS
Russia in favor of extended oil production cuts
Washington DC (UPI) May 8, 2017
Extending an agreement with OPEC to balance the market through managed production declines is in Russia's interest, the country's energy minister said Monday. ... more
OIL AND GAS
West Africa evolving as a new natural gas frontier
Washington DC (UPI) May 8, 2017
British energy company BP said Monday its joint effort off the coast of West Africa sets the partnership up for a strong regional position. ... more
OIL AND GAS
Gazprom starts construction of Turkish gas pipeline
Washington DC (UPI) May 8, 2017
With construction of a pipeline through Turkey under way, regional customers can expect a more reliable natural gas option in two years, Russia's Gazprom said. ... more
OIL AND GAS
New oil and gas drilling slated for Barents Sea
Washington DC (UPI) May 8, 2017
New drilling is scheduled over the next two months at a prospect in the Barents Sea targeted by Lundin Petroleum, Norway's government said Monday. ... more


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OIL AND GAS
Asian investments may target U.S. shale
Washington DC (UPI) May 8, 2017
Asian investments in U.S. shale basins are expected to gain traction in a capital strategy to offset domestic declines at home, analysis finds. ... more
OIL AND GAS
Iran sees oil production growing through multilateral agreements
Washington DC (UPI) May 8, 2017
Iran could see its standing among OPEC members and on the global stage stabilize with global production agreements, a national oil company director said. ... more
OIL AND GAS
New technology measures small-scale currents that transport ocean plastics, oil spills
Miami FL (SPX) May 08, 2017
Researchers at the University of Miami (UM) Rosenstiel School of Marine and Atmospheric Science have developed a new technology to measure the currents near the ocean's surface that carry pollutants ... more
OIL AND GAS
TransCanada examining shipper commitments to Keystone XL
Washington (UPI) May 5, 2017
Pipeline company TransCanada said Friday it was revisiting shipper commitments for its planned Keystone XL project, but few changes are expected ... more
OIL AND GAS
Russia announces oil production milestone above Arctic Circle
Washington (UPI) May 5, 2017
Nearly 200 tankers have left an oil field above the Arctic Circle in Russia that's passed the production milestone of 35 million barrels, Gazprom Neft said. ... more
OIL AND GAS
Year-on-year gains in oil and gas tax collections for Oklahoma
Washington (UPI) May 5, 2017
Compared with this time last year, oil and gas sector revenue for Oklahoma expanded, though full-year input to state coffers remains depressed, the state said. ... more


Wild ride for oil prices in early Friday trading

OIL AND GAS
Total EU emissions tied to fossil fuels declined last year
Washington (UPI) May 5, 2017
Combined emissions of carbon dioxide for the European Union declined slightly from last year, though big contributors to pollution posted gains, data show. ... more
OIL AND GAS
Oil-rich Alberta lands energy agreement with Japan
Washington (UPI) May 5, 2017
A deal with a Japanese oil and gas company was among agreements reached during a recent trade visit to Asia, the provincial leader of Alberta said. ... more
OIL AND GAS
Divestment, retooling strategy has paid off, Shell says
Washington (UPI) May 4, 2017
A divestment and retooling strategy has paid off considerably with first quarter profits more than doubling on improved oil prices, Royal Dutch Shell said. ... more
OIL AND GAS
Crude oil prices lose grip on psychological barrier of $50 per barrel
Washington (UPI) May 4, 2017
Oil prices lost ground early Thursday as strong U.S. labor figures weren't enough offset production gains and slower declines in U.S. crude oil inventories. ... more





Turning chicken poop and weeds into biofuel
Washington DC (SPX) May 04, 2017
Chicken is a favorite, inexpensive meat across the globe. But the bird's popularity results in a lot of waste that can pollute soil and water. One strategy for dealing with poultry poop is to turn it into biofuel, and now scientists have developed a way to do this by mixing the waste with another environmental scourge, an invasive weed that is affecting agriculture in Africa. They report t ... more
Tarragona, Spain (SPX) May 04, 2017
Nickel: A greener route to fatty acids
San Diego CA (SPX) May 09, 2017
First EPA-approved outdoor field trial for genetically engineered algae
Beijing, China (SPX) May 04, 2017
Scientists develop efficient multifunctional catalyst for CO2 hydrogenation to gasoline
Photoluminescent display absorbs, converts light into energy
Bellingham WA (SPX) May 04, 2017
By replacing the phosphor screen in a laser phosphor display (LPD) with a luminescent solar concentrator (LSC), one can harvest energy from ambient light as well as display high-resolution images. "Energy-harvesting laser phosphor display and its design considerations", published recently by SPIE, the international society for optics and photonics, in the Journal of Photonics for Energy, d ... more
Payerne, Switzerland (AFP) May 5, 2017
First test flight of stratospheric solar plane
Washington DC (UPI) May 8, 2017
New device turns dirty air into energy
New Delhi (Sputnik) May 04, 2017
Indian Space Agency Test-Drives Solar Electric Hybrid Vehicle


Dutch open 'world's largest offshore' wind farm
The Hague (AFP) May 8, 2017
Dutch officials on Monday opened what is being billed as one of the world's largest offshore wind farms, with 150 turbines spinning in action far out in the North Sea. Over the next 15 years, the Gemini windpark, which lies some 85 kilometres (53 miles) off the northern coast of The Netherlands, will meet the energy needs of about 1.5 million people. At full winds the windpark has a gene ... more
London, UK (SPX) May 09, 2017
OX2 will manage a 45 MW wind farm owned by IKEA Group in Lithuania
Washington (UPI) May 2, 2017
U.S. wind power accelerating at near-record pace
Hamburg, Germany (SPX) Apr 27, 2017
CEE Group acquires wind farm with a capacity of 27.6 megawatts in Brandenburg
Plutonium research to aid nuclear cleanup techniques
Washington DC (UPI) May 8, 2017
Researchers at Florida State University have discovered a plutonium-organic hybrid compound that doesn't behave as expected. The compound behaves as if it composed of lighter elements such as iron or nickel. The discovery - detailed in the journal Nature Chemistry - could yield new technologies and methods for cleaning up nuclear waste. "What makes this discovery so interesting ... more
Moscow (Sputnik) May 09, 2017
EU Plans to Hand Over Control of Euratom Nuclear Waste on UK Soil to London
Abu Dhabi (AFP) May 5, 2017
UAE delays launch of first nuclear reactor until 2018
London, UK (SPX) May 09, 2017
Barakah Unit 1 construction completion a great achievement
Daily Newsletters - Space - Military - Environment - Energy

Climate talks under shadow of Trump threats
Bonn (AFP) May 8, 2017
US President Donald Trump's threats to pull America out of the climate-rescue Paris Agreement is expected to cast a long shadow over UN talks starting Monday to work on the nuts and bolts of the deal. The 11-day haggle in Bonn is meant to start drafting a "rulebook" to guide member countries in the practical execution of the pact, which seeks to brake global warming by curbing fossil fuel em ... more
Zurich, Switzerland (SPX) May 08, 2017
Extinction of Alpine plants may remain undetectable for a long time
Bonn (AFP) May 9, 2017
Climate: US hesitates as talks frustrated
Paris (AFP) May 6, 2017
Trump anti-climate ghost hangs over UN meeting
Tesla revenues surge as it ramps for Model 3 launch
Washington (AFP) May 3, 2017
Tesla said Wednesday that revenues more than doubled in the past quarter compared with a year ago, as the electric carmaker prepared for production of its new mass-market vehicle. In its update for the first quarter Tesla said its Model 3 development "is nearly complete." The company expects to produce 5,000 of these cars per week at some point this year and 10,000 per week in 2018. The ... more
Stockholm (AFP) May 5, 2017
Chinese carmaker Geely to be largest Saxo shareholder
Berlin (AFP) May 2, 2017
Germany's Bosch sells subsidiary to China's ZMJ
Beirut (AFP) April 30, 2017
Bike-sharing launched in congested Beirut


IS attack on Kurdish base in Iraq kills two
Kirkuk, Iraq (AFP) May 7, 2017
Suicide attackers from the Islamic State group killed two Kurdish peshmerga forces Sunday in an operation against a base in northern Iraq, officers said. "Two members of the peshmerga were killed and five wounded in a suicide attack on K1 base," a major general in the peshmerga told AFP on condition of anonymity. He said five armed men wearing suicide belts attacked the base, where he sa ... more
Qaraqosh, Iraq (AFP) May 6, 2017
In ruins of Iraq Christian town, fires a sign of rebirth
Baghdad (AFP) May 9, 2017
Anti-corruption activists kidnapped in Baghdad; West Mosul battles on
Mosul, Iraq (AFP) May 4, 2017
Iraq forces launch new push on IS in west Mosul
Russia to Rearm Strategic Missile Forces With 5th-Generation Arms by 2027
Moscow (Sputnik) May 08, 2017
Russia will have upgraded its Strategic Missile Forces with 5th-generation devices by 2027. All missile divisions of Russia's Strategic Missile Forces (RVSN) will be rearmed with 5th-generation ballistic missile systems by 2027, the Russian Defense Ministry said Friday. "The development and adoption of a new missile system with a heavy missile, as well as new systems with missiles of a lig ... more
Washington (AFP) May 3, 2017
US tests intercontinental ballistic missile
Seoul (AFP) May 9, 2017
South Koreans vote in historic election
Tehran (AFP) May 6, 2017
Iran army criticises Rouhani's missile comments
Daily Newsletters - Space - Military - Environment - Energy

Chinese human rights lawyers seen as enemies of the state
Beijing (AFP) May 8, 2017
A leading Chinese human rights lawyer went on trial Monday for inciting subversion, in a case which sparked an international outcry after claims he was tortured. Xie Yang, who had worked on numerous cases considered politically sensitive by China's ruling Communist Party, was among hundreds of legal staff and activists detained in summer 2015. The "709 crackdown" - named after the date ... more
Beijing (AFP) May 8, 2017
Chinese court says prominent rights lawyer pleads guilty
Beijing (AFP) May 5, 2017
UN slams Chinese rights lawyer's detention
Hong Kong (AFP) May 4, 2017
Hong Kong remembers bloodiest violence 50 years on
Former rebels block entrance to I. Coast's second city
Abidjan (AFP) May 8, 2017
Several hundred ex-rebels on Monday blocked access to Ivory Coast's second city Bouake, their former stronghold, seeking thousands of euros in bonuses in line with a deal following a deadly January mutiny. Security forces were deployed to monitor the upheaval, which caused a tailback of about 100 vehicles outside the main southern entrance to the city, but the former rebels started letting c ... more
Maputo (AFP) May 4, 2017
Mozambique's opposition extends truce indefinitely
Mogadishu (AFP) May 5, 2017
First US military death in Somalia since 'Black Hawk Down'
Lowarengak, Kenya (AFP) May 5, 2017
Fishing with guns on a lake under threat in Kenya


Made-in-China passenger jet set to take wing
Shanghai (AFP) May 3, 2017
China is expected this week to conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus. The C919, built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (COMAC), was set to take wing over Shanghai on Friday, the company said on Wednesday, according to the official ... more
Washington DC (UPI) May 8, 2017
Canadian Defense Minister proposes helicopter upgrades
Washington DC (UPI) May 8, 2017
Boeing receives contract for F-18 upgrades
Washington (UPI) May 5, 2017
First F-35B Lightning II produced in Italy rolls off assembly line
HSBC pre-tax profit slides but hails 'good result'
Hong Kong (AFP) May 4, 2017
HSBC said on Thursday that pre-tax profit fell 19 percent in the first three months of the year but the bank's chief described them as "a good set of results" after a turbulent 2016. The London-based giant has been on a recovery drive over the past two years aiming to slash costs with measures including laying off tens of thousands of staff and slimming down its business. It blamed the d ... more
Hong Kong (AFP) May 9, 2017
Dollar extends gains as Fed hike speculation builds
Shanghai (AFP) May 7, 2017
Sister of Trump senior adviser solicits Chinese investment
New York (AFP) May 5, 2017
IBM tumbles as Buffett discloses he is trimming stake
Daily Newsletters - Space - Military - Environment - Energy

U.S. military launches Operation Northern Edge
Washington (UPI) May 5, 2017
A large military exercise involving more than 6000 personnel is running from May 1 to May 12 under the name Exercise Northern Edge. The operation will cover a number of possible scenarios, including Pacific ocean contingencies, and foreign troops will participate in the exercise, the U.S Marine Corps announced on Friday. "Exercises like Northern Edge allow us to work together, ta ... more
United Nations, United States (AFP) May 8, 2017
France's Macron seen as UN ally
Beijing (AFP) May 8, 2017
China rebuffs UN criticism of lawyer's detention
Manila (AFP) May 8, 2017
Philippines, US launch scaled-down military exercises


Noise created by humans is pervasive in US protected areas
Fort Collins CO (SPX) May 09, 2017
Protected areas in the United States, representing 14 percent of the land mass, provide places for respite, recreation, and natural resource conservation. However, noise pollution poses novel threats to these protected areas, according to a first-of-its-kind study from scientists at Colorado State University and the U.S. National Park Service. Researchers found that noise pollution was twi ... more
Cincinnati OH (SPX) May 04, 2017
Not even the Himalayas are immune to traffic smog
Oslo (AFP) May 5, 2017
Norway wealth fund drops Indian group over environment concerns
Coatzacoalcos, Mexico (AFP) May 7, 2017
Human rights, environment activist killed in Mexico
Marine Le Pen: far-right firebrand who has shaken up French politics
Paris (AFP) May 7, 2017
Marine Le Pen took her crushing defeat in France's presidential election with trademark combativeness, saying her "historic" score confirmed her party's status as France's "biggest opposition force". The 48-year-old anti-EU and anti-immigration "candidate of the people" scored between 33.9 and 35 percent of the vote, projections showed - double her father Jean-Marie Le Pen's score in the 20 ... more
Beijing (AFP) May 6, 2017
20 sentenced to prison for deadly 2015 China landslide
Oxford UK (SPX) May 08, 2017
Affluent countries contribute less to wildlife conservation than the rest of the world
Beijing (AFP) May 4, 2017
EU urges China to curb dinghy sales in migrant trafficking fight


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