Oil News and Gas News
September 24, 2017
OIL AND GAS
Colorado sees slight uptick from oil and gas sector



Washington (UPI) Sep 21, 2017
Tax revenue for the shale-rich state of Colorado is recovering and the economy is growing after a downturn in previous years, the state budget office said. "Sales taxes and individual income taxes are rebounding in 2017 as the economy strengthens from the oil and gas downturn and moderate economic growth of 2015 and 2016," the Office of State Planning and Budget reported in its quarterly forecast. Colorado is rich in shale oil reserves, supplying about 3 percent of total U.S. crude oil p ... read more

OIL AND GAS
Kurdish vote hurts trade, U.S. says
Washington (UPI) Sep 21, 2017
Sending oil north through Turkey, trade relations for the Kurdish north of Iraq could be hurt through a vote for independence, the U.S. State Department said. ... more
OIL AND GAS
Texas oil and gas sector resilience 'extraordinary'
Washington (UPI) Sep 21, 2017
Even though the price of oil is low by historical stands, a state energy official in Texas said the oil and gas sector there has been extraordinarily resilient. ... more
OIL AND GAS
Energy-rich Norway leaves key policy rate unchanged
Washington (UPI) Sep 21, 2017
For Norway, one of the main suppliers of oil and natural gas in the European economy, there's a need for expansionary monetary policies, its central bank said. ... more
OIL AND GAS
Economic clouds, OPEC jitters send oil prices lower
Washington (UPI) Sep 21, 2017
Concerns about global economic momentum and jitters ahead of an OPEC meeting in Vienna put an end Thursday to a strong rally in crude oil prices. ... more


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OIL AND GAS
Austrian bank signs investment deal with Iran
Vienna (AFP) Sept 21, 2017
Austria's Oberbank on Thursday signed a credit deal with Tehran to boost exports to Iran, the first European lender to do so since sanctions were eased following a 2015 nuclear pact with world powers. ... more
OIL AND GAS
IEA: Subdued demand sees relatively oversupplied oil market
Washington (UPI) Sep 21, 2017
Despite multilateral efforts to balance the oil market with managed production cuts, the situation in general still favors the supply side, the IEA said. ... more
OIL AND GAS
Chevron terminates Gulf of Mexico rig contract early
Washington (UPI) Sep 21, 2017
A subsidiary of Chevron terminated a contract for a rig working in deep U.S. waters in the Gulf of Mexico nearly a year early, Transocean announced. ... more
OIL AND GAS
UK oil and gas reserves may last only a decade, study suggests
Edinburgh UK (SPX) Sep 21, 2017
The Scottish and UK oil industries are entering their final decade of production, research suggests. A study of output from offshore fields estimates that close to 10 per cent of the UK's orig ... more
OIL AND GAS
Oil rallies on lower-than-expected inventories
Washington (UPI) Sep 20, 2017
Crude oil prices were moving considerably higher early Wednesday on lower-than-expected levels of oil held in storage, though the market may be overheating. ... more
OIL AND GAS
Iraq's Kurds in economic crisis ahead of independence vote
Baghdad (AFP) Sept 21, 2017
A referendum on independence for Iraqi Kurdistan set for September 25 comes as the autonomous region faces the worst economic crisis in its short history. ... more


Russian oil company says it sent the U.S. its largest ever oil shipment

OIL AND GAS
Kuwait's credit rating stable, Moody's reports
Washington (UPI) Sep 20, 2017
Though oil represents a mixed blessing for Kuwait, its credit rating is stable and balanced by high levels of wealth, Moody's Investors Service reported. ... more
OIL AND GAS
OPEC chatter pushes oil prices back into rally mode
Washington (UPI) Sep 19, 2017
Short-term disruptions and lower exports from OPEC members offset signs of stronger U.S. oil production to help give crude oil prices a lift early Tuesday. ... more
OIL AND GAS
Wood Mac: Emissions increase faster than production
Washington (UPI) Sep 20, 2017
Gross emissions from the production of oil and natural gas are increasing faster than the actual rate of production, consultant group Wood Mackenzie found. ... more
OIL AND GAS
Texas sees gains from gas exports to Mexico
Washington (UPI) Sep 20, 2017
Sending natural gas across the border to Mexico opens the door for an "incredible opportunity" for Texas, a commissioner at a state energy regulator said. ... more





New biomaterial could replace plastic laminates, greatly reduce pollution
University Park PA (SPX) Sep 21, 2017
An inexpensive biomaterial that can be used to sustainably replace plastic barrier coatings in packaging and many other applications has been developed by Penn State researchers, who predict its adoption would greatly reduce pollution. Completely compostable, the material - a polysaccharide polyelectrolyte complex - is comprised of nearly equal parts of treated cellulose pulp from wood or ... more
Bethlehem PA (SPX) Sep 13, 2017
A new way to directly convert methane to methanol using gold-palladium nanoparticles
Beijing (AFP) Sept 13, 2017
China aims to extend ethanol fuel usage countrywide by 2020
Washington DC (SPX) Sep 15, 2017
How well electron transport works in furfural biogas
NREL investigates coatings needed for concentrating solar power
Golden CO (SPX) Sep 21, 2017
Next-generation concentrating solar power (CSP) plants require high-temperature fluids, like molten salts, in the range of 550-750 degrees Celsius to store heat and generate electricity. At those high temperatures, however, the molten salts eat away at common alloys used in the heat exchangers, piping, and storage vessels of CSP systems. New research at the U.S. Department of Energy's National R ... more
Washington (UPI) Sep 19, 2017
Chinese solar panel manufacturer claims a quarter of India's market
Chicago IL (SPX) Sep 21, 2017
Scientists make atoms-thick Post-It notes for solar cells and circuits
(UPI) Sep 19, 2017
French company Total steps into solar energy market


French energy company to build wind power sector in India
Washington (UPI) Sep 20, 2017
French energy company ENGIE said it teamed up with an investment group to help develop a wind energy program in India, one of the world's fastest growing economies. The company formed a partnership with the Abraaj investment group to develop as much as 1 gigawatt of wind power in the Indian energy sector. "Energy demand is growing tremendously in India, and ENGIE is investing in ... more
Washington DC (SPX) Sep 19, 2017
Finding better wind energy potential with the new European Wind Atlas
Washington (UPI) Sep 7, 2017
Last of the 67 turbines for a British wind farm installed
Washington (UPI) Sep 14, 2017
Kimberly-Clark next U.S. company to draw more on renewables
Against rising headwinds, UK pushes ahead with nuclear projects
London (AFP) Sept 20, 2017
Under pressure from Brexit and the declining costs of renewable energy, Britain's nuclear industry is increasingly relying on supportive government policy to plough on with high-profile - and controversial - projects. With four big projects due for completion by 2025, the country is at the forefront of a global industry left shaken by the 2011 disaster at the Fukushima nuclear site in Japa ... more
Princeton NJ (SPX) Sep 19, 2017
Russia's use and stockpiles of highly enriched uranium pose significant nuclear risks
Bloomington IN (SPX) Sep 19, 2017
Discovery could reduce nuclear waste by chemically reengineering molecules
Strasbourg, France (AFP) Sept 13, 2017
EU parliament opposes bid to reduce testing of Fukushima food imports
Daily Newsletters - Space - Military - Environment - Energy

Climate risk classification created to account for potential 'existential' threats
San Diego CA (SPX) Sep 19, 2017
A new study evaluating models of future climate scenarios has led to the creation of the new risk categories "catastrophic" and "unknown" to characterize the range of threats posed by rapid global warming. Researchers propose that unknown risks imply existential threats to the survival of humanity. These categories describe two low-probability but statistically significant scenarios that c ... more
Chicago IL (SPX) Sep 21, 2017
Science denial not limited to political right
Ottawa (AFP) Sept 20, 2017
Canada Tory MP called out for referring to minister as 'climate Barbie'
Washington (AFP) Sept 17, 2017
US looks to work with Paris climate accord 'partners': Tillerson
'Car nation' Germany distrustful of driverless vehicles
Frankfurt Am Main (AFP) Sept 19, 2017
German carmakers are showing off their self-driving cars at the IAA international auto show in Frankfurt, but most people in the car-mad country have yet to be convinced by the technology. Curious visitors to the biennial trade fair, which lasts until September 24, can entrust their lives to a computer on a specially created car at a test track overlooked by Daimler and Volkswagen's giant st ... more
Washington (AFP) Sept 20, 2017
Dockless bike-share hits US capital, following craze in China
Beijing (AFP) Sept 21, 2017
Baidu announces $1.5 bln fund for autonomous driving
Beijing (AFP) Sept 18, 2017
GM to recall 2.5 mn vehicles in China over Takata airbags


Iraq brings all remaining IS territory under attack
Baghdad (AFP) Sept 21, 2017
Iraq brought all of its territory still held by the Islamic State group under attack Thursday, throwing the jihadists on the defensive across their self-proclaimed "caliphate" extending into neighbouring Syria. Security forces backed by paramilitary units launched a dawn assault on a besieged IS-held pocket around the northern town of Hawija, just days after attacking the jihadists' only oth ... more
Sharqat, Iraq (AFP) Sept 22, 2017
Iraq forces oust IS from northern town in drive on Hawija
Baghdad (AFP) Sept 23, 2017
Tribes, tradition stand in way of Iraq police
United Nations, United States (AFP) Sept 21, 2017
UN sets up probe of IS atrocities in Iraq
North Korea seeks military 'equilibrium' with US
Seoul (AFP) Sept 16, 2017
North Korea said Saturday it was bent on nothing less than military "equilibrium" with arch-enemy the United States with a full nuclear arsenal, forcing UN powers into fresh crisis talks. Kim Jong-Un successfully fired a Hwasong-12 intermediate-range ballistic missile over Japan on Friday, responding to the latest round of UN embargos over its sixth nuclear test with its furthest-ever missil ... more
Paris (AFP) Sept 22, 2017
A-bombs and H-bombs explained
Tehran (AFP) Sept 22, 2017
Iran's Rouhani vows to strengthen missiles despite US warnings
Washington (AFP) Sept 24, 2017
US warplanes fly off NKorea coast; China says quake not nuke test
Daily Newsletters - Space - Military - Environment - Energy

Patten on egg tarts and the future of Hong Kong
Hong Kong (AFP) Sept 21, 2017
In a suite at the harbourside Mandarin Oriental hotel in Hong Kong, Chris Patten is whipping through rounds of interviews before an important visit from his tailor. Having lost weight recently he needs new suits and running them up in the city, famous for its speedy and affordable couture, was preferable to taking them for alterations in London, he says. Britain's last governor in Hong K ... more
Datang, China (AFP) Sept 21, 2017
An ancient Chinese fishing community washes ashore
Beijing (AFP) Sept 19, 2017
The last days of a 'village' in China's Silicon Valley
Beijing (AFP) Sept 21, 2017
China lifts 10-year travel ban on feminist activist
C. Africa asks UN to send more peacekeepers, ease arms embargo
United Nations, United States (AFP) Sept 22, 2017
The Central African Republic's president urged the United Nations on Friday to send more peacekeepers to his strife-torn country and ease an arms embargo in the way of equipping his weak army. Addressing the UN General Assembly, President Faustin-Archange Touadera said a recent upsurge in violence was linked to a battle for control of the country's natural resources, implicitly rejecting the ... more
Lagos (AFP) Sept 23, 2017
Nigerian journalist detained over report on flood camp protest
On Board The Dixmude, Senegal (AFP) Sept 20, 2017
West Africa steps up battle against pirates and poachers
Bamako (AFP) Sept 21, 2017
New ceasefire signed by armed groups


Airbus wins $4-bln order from Cathay Pacific
Paris (AFP) Sept 13, 2017
Airbus said Wednesday it has finalised a more than $4 billion order with Cathay Pacific for 32 of its A321neo aircraft to revamp the Hong Kong-based carrier's regional affiliate. The single-aisle medium-haul jets will be operated by Cathay Dragon which flies from Hong Kong to a number of Asian destinations, Airbus said in a statement. A preliminary agreement had been signed in August. ... more
Washington (UPI) Sep 7, 2017
MD Helicopter contracted for 150 Cayuse Warriors for Afghan air force
Washington (UPI) Sep 12, 2017
Harris Corp. developing F-35 missile release system
Washington (UPI) Sep 12, 2017
Navy chiefs see difficulties but improvement with aircraft readiness
EU firms want 'concrete action' from China on access
Beijing (AFP) Sept 19, 2017
European companies suffer from "promise fatigue" over China's failure to follow through on pledges to open its market, the EU Chamber of Commerce in China said Tuesday. The chamber issued an annual 400-page report detailing the regulatory barriers that continue to hinder investment in the world's second-largest economy. European businesses are "suffering from accumulated 'promise fatigue ... more
Beijing (AFP) Sept 19, 2017
Beijing, Shanghai shut down bitcoin exchanges: media
Brussels (AFP) Sept 21, 2017
Landmark EU, Canada trade deal enters into force
Hong Kong (AFP) Sept 15, 2017
China bank loans rebound in August
Daily Newsletters - Space - Military - Environment - Energy

General's 'intervention' comment raises eyebrows in Brazil
Rio De Janeiro (AFP) Sept 24, 2017
A general's comment that the military could be forced to intervene in Brazil's corruption crisis has rattled a country that only exited a two-decades long dictatorship in 1985. The top Brazilian army commander, Eduardo Villas Boas, repeated earlier assurances Friday that the military "is committed to the consolidation of democracy." But the lack of any public disciplinary action against ... more
San Francisco (AFP) Sept 21, 2017
Facebook to give Russian ads to Congress, boost transparency
Bratislava (AFP) Sept 21, 2017
Slovakia plans to meet NATO defence budget target by 2024
United Nations, United States (AFP) Sept 21, 2017
NATO chief backs UN peacekeepers across east Ukraine


Canada's Eldorado Gold to suspend investment in Greece
Athens (AFP) Sept 11, 2017
Canada's Eldorado Gold announced early Monday it would suspend investment in mining operations in Greece due to what it said were delays by the Greek government in issuing permits. Despite repeated attempts by the company and its Greek subsidiary to talk to the government, "delays continue in issuing routine permits and licences for the construction and development of the Skouries and Olympi ... more
Washington (UPI) Sep 14, 2017
Brexit a step away from pollution commitments, U.N. envoy says
London (AFP) Sept 11, 2017
UN slams UK government over 'plague' of air pollution
Colombo (AFP) Sept 1, 2017
Sri Lanka bans plastic after garbage crisis
What now? Mexicans in shelters ask themselves after quake
Mexico City (AFP) Sept 22, 2017
Erika Albarran, a 33-year-old street vendor, was feeding her baby when the 7.1-magnitude quake struck Mexico City. Both survived, but her home was damaged and now she's in a shelter, with no money, not knowing how to face the future. She, like thousands living in the capital, saw her daily life upended in the long seconds of the earthquake, which killed more than 270 people. It is e ... more
Roseau, Dominica (AFP) Sept 23, 2017
In Dominica, islanders stand strong despite chaos
San Juan (AFP) Sept 22, 2017
Puerto Rico wants US aid after quake but not second-class treatment
Mexico City (AFP) Sept 23, 2017
Frida, the four-legged heroine of Mexico's quake rescues


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