Oil News and Gas News
January 02, 2018
OIL AND GAS
Re-assessing Alaska's energy frontier



Washington DC (SPX) Jan 02, 2018
Less than 80 miles from Prudhoe Bay, home to the giant oil fields that feed the Trans-Alaska Pipeline, lies the site of USGS' latest oil and gas assessment: the National Petroleum Reserve-Alaska and adjacent areas. Managed by the Bureau of Land Management, the NPR-A covers 22.8 million acres, more than the entire state of South Carolina. The new USGS assessment estimates 8.7 billion barrels of oil and 25 trillion cubic feet of natural gas resources. This is a more than sixfold increase from the pr ... read more

OIL AND GAS
Texas energy sector ends the year with optimism
Washington (UPI) Dec 29, 2017
The energy sector in Texas is leaving 2017 on a high note, though oil prices will need to be higher than expected for strong rig counts, a bank survey found. ... more
OIL AND GAS
Surveys of oil basins in Russian Arctic completed
Washington (UPI) Dec 29, 2017
A Russian energy company said it completed surveys necessary to get a better understanding of the oil and gas reserve potential in Arctic waters. ... more
OIL AND GAS
OMV says it's not playing the geopolitical game
Washington (UPI) Dec 29, 2017
With oil and natural gas taking on a Cold War strategic element for the United States and Russia, Austria's OMV said it's not concerned with geopolitics. ... more
OIL AND GAS
No certification needed for offshore drilling safety, U.S. proposes
Washington (UPI) Dec 29, 2017
Third parties will no longer need to verify whether some safety features for offshore oil and gas drilling work as designed, the U.S. government proposed. ... more


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OIL AND GAS
Oil prices up as balance approaches
Washington (UPI) Dec 29, 2017
U.S. data showing the surplus on the five-year average in crude oil stocks at just 9 percent helped drive oil prices higher on the last trading day of 2017. ... more
OIL AND GAS
US moves to reverse regulations for offshore oil drilling
Washington (AFP) Dec 29, 2017
The US government on Friday published proposed new regulations on offshore oil drilling that would reverse safeguards put in place following the Deepwater Horizon environmental disaster in 2010. ... more
OIL AND GAS
British trade group weighs domestic shale against Russian LNG
Washington (UPI) Dec 29, 2017
A British trade group said it's better to tap inland gas than be vulnerable to foreign suppliers, as a vessel docked with its first-ever cargo of Russian LNG. ... more
OIL AND GAS
Alberta is leaving economic recession behind
Washington (UPI) Dec 29, 2017
After starting the year in recession, the oil-rich province of Alberta is entering 2018 with the fastest rate of growth in Canada, the economic minister said. ... more
OIL AND GAS
Arctic development left Russian environment damaged
Washington (UPI) Dec 28, 2017
The development of parts of the Arctic north of Russia has left its environment at risk from scrap materials and oil residue, a regional leader said. ... more
OIL AND GAS
Oil treading water even as Forties pipeline system returns to life
Washington (UPI) Dec 28, 2017
Oil prices started the trading day Thursday in static territory after pipeline operator Ineos said restrictions on a major North Sea network were lifted. ... more


Iran's economy 'on a good trend'

OIL AND GAS
U.S. safety regulator proposes offshore overhaul
Washington (UPI) Dec 28, 2017
The U.S. government opened a deregulation scheme for safety rules for oil and gas drillers in the Gulf of Mexico up for public comment on Thursday. ... more
OIL AND GAS
All restrictions on Forties pipeline system lifted
Washington (UPI) Dec 28, 2017
Any limitations to the flow of oil and natural gas from the North Sea to the Forties pipeline system are now lifted, system operator Ineos said Thursday. ... more
OIL AND GAS
Oil prices up slightly as U.S. drillers pause new rigs
Washington (UPI) Dec 26, 2017
The holiday is still ongoing in many countries, but oil prices continued a slow upward climb Tuesday as the world returns to work after Christmas. ... more
OIL AND GAS
Bahrain sentences six to death for 'assassination plot'
Dubai (AFP) Dec 25, 2017
Bahrain's top military court sentenced six men to death on Monday after convicting them of charges including plotting to assassinate the Gulf state's armed forces chief, state media reported. ... more





A catalytic balancing act
Lemont, IL (SPX) Jan 02, 2018
Balance forms the foundation for a happy life or a healthy diet. For scientists working to design new catalysts to create renewable energy, balancing different materials and their properties is equally important. (Catalysts help accelerate chemical reactions.) In a new study, researchers from the U.S. Department of Energy's (DOE) Argonne National Laboratory, Johns Hopkins University, Drexe ... more
Ulsan, South Korea (SPX) Jan 02, 2018
A new strategy for efficient hydrogen production
University Park PA (SPX) Jan 02, 2018
Farmers in Kenya willing, able to ramp up croton nut output for biofuel
Golden CO (SPX) Dec 14, 2017
NREL develops novel method to produce renewable acrylonitrile
Siting solar, sparing prime agricultural lands
Davis CA (SPX) Jan 02, 2018
Unconventional spaces could be put to use generating renewable energy while sparing lands that could be better used to grow food, sequester carbon and protect wildlife and watersheds, says a study led by the University of California, Davis. These land-sparing spaces include: 1) built environments, such as rooftops 2) salt-affected land 3) contaminated land, and 4) water reservoirs with flo ... more
Washington DC (SPX) Dec 28, 2017
Climate conditions affect solar cell performance more than expected
Washington DC (SPX) Dec 28, 2017
Researcher pioneers solar sintering for crucial steel component
Boston MA (SPX) Jan 02, 2018
New technique allows rapid screening for new types of solar cells


Turkey gets European loan for renewable energy
Washington (UPI) Dec 28, 2017
An industrial bank in Turkey is getting an $85 million loan in order to help mid-sized companies invest in renewable energy, a European lender said. The European Bank for Reconstruction and Development said it provided the loan to the Industrial Development Bank of Turkey, known by its Turkish initials TSKB, to support a wide-range of renewable energy programs, from wind power to energy ... more
Washington (UPI) Dec 14, 2017
Oil-rich Alberta sees momentum for wind energy
Canberra, Australia (SPX) Dec 13, 2017
Construction to start on $160 million Kennedy Energy Park in North Queensland
Washington (UPI) Nov 30, 2017
U.S. wind turbines getting taller and more efficient
REVA NP installs I and C upgrade at Krsko nuclear power plant
Krsko, Slovenia (SPX) Jan 02, 2018
AREVA NP has upgraded the instrumentation and control (IC) technology of the Krsko nuclear power plant* located in Slovenia. The system monitors and records the neutron flux in the reactor core. Movable flux sensors are brought into the reactor pressure vessel to collect data which provide significant information for the operator to ensure safe operation of the plant. Under this contract, ... more
Tokyo, Japan (SPX) Jan 02, 2018
New model considers an extra factor to improve our prediction of nuclear fission
Moscow (AFP) Dec 22, 2017
Russia to build nuclear power plant in Sudan
Washington (AFP) Dec 23, 2017
For ailing US nuclear industry, new plants a shot in the arm
Daily Newsletters - Space - Military - Environment - Energy

Curbing climate change
Knoxville TN (SPX) Jan 02, 2018
Humans may be the dominant cause of global temperature rise, but they may also be a crucial factor in helping to reduce it, according to a new study that for the first time builds a novel model to measure the effects of behavior on climate. Drawing from both social psychology and climate science, the new model investigates how human behavioral changes evolve in response to extreme climate ... more
New York NY (SPX) Dec 28, 2017
Humidity may prove breaking point for some areas as temperatures rise, says study
Bilbao, Spain (SPX) Jan 02, 2018
Droughts and ecosystems are determined by the interaction of two climate phenomena
Washington (AFP) Dec 29, 2017
As cold wave sweeps N.America, Trump makes light of climate change
China's Geely takes 2.7-bn euro stake in Swedish truckmaker Volvo
Stockholm (AFP) Dec 27, 2017
China's Geely, which already owns the Swedish car brand Volvo, has now become the biggest shareholder in AB Volvo, the world's second-largest truck manufacturer in a transaction worth around 2.7 billion euros ($3.2 billion), it announced on Wednesday. Geely said in a statement it had "reached agreement with Cevian Capital, Europe's largest activist fund manager, to acquire its entire 8.2-per ... more
Washington (UPI) Dec 28, 2017
Beijing starts using special license plates for green vehicles
Washington (AFP) Dec 29, 2017
SoftBank seals deal for large Uber stake, trimming valuation
Boston MA (SPX) Jan 02, 2018
New depth sensors could make self-driving cars practical


Iraq faces 'new war' - on corruption
Baghdad (AFP) Dec 29, 2017
They have fled the country, their pockets full, or been released from prison under amnesties: despite Iraq's "war" on corruption, those guilty of embezzling state funds often evade justice. Even before he declared victory against the Islamic State group in early December after a three-year battle, Prime Minister Haider al-Abadi said the country's next fight would be against graft, vowing to ... more
Mosul, Iraq (AFP) Jan 1, 2018
Crossing the river a major challenge in devastated Mosul
Baghdad (AFP) Dec 27, 2017
HRW accuses Yazidi fighters in Iraq of executing civilians
Karbala, Iraq (AFP) Dec 23, 2017
Iraqis denounce anti-indecency edict in Shiite holy city
US, NKorea closer to war than ever: former US military chief
Washington (AFP) Dec 31, 2017
The United States is now closer than it has ever been to a nuclear war with North Korea, a former top US military officer warned Sunday, saying he saw little prospect of a diplomatic solution. Mike Mullen, a former chairman of the US joint chiefs of staff, attributed the rising danger to Donald Trump's "incredibly disruptive" presidency. "And in my view, an incredibly dangerous climate e ... more
Beijing (AFP) Dec 29, 2017
China rejects Trump accusation on N. Korea sanction breaches
Seoul (AFP) Dec 29, 2017
South Korea seizes Hong Kong ship for oil transfer to North: Seoul
Seoul (AFP) Dec 30, 2017
Hong Kong ship crew questioned in S. Korea for oil transfer to North
Daily Newsletters - Space - Military - Environment - Energy

Keep calm and be average: China's unambitious millennials
Beijing (AFP) Dec 29, 2017
While their country's leader has encouraged citizens to work harder and dream big, some Chinese millennials are declaring their allegiance to the art of being average. Nicknamed "Buddhist Youth", these young people have embraced a laissez-faire approach to life which has more to do with being chilled out than reading sutras. "Life is quite tiring," said 23-year-old Guo Jia, who believes ... more
Hong Kong (AFP) Jan 1, 2018
Anti-Beijing protesters march in Hong Kong
Phnom Penh (AFP) Dec 27, 2017
Cambodia sends maids to HK to plug gap after abuse scandals
Beijing (AFP) Dec 27, 2017
US and Germany urge China to release jailed activist
Mali president names new govt after ex-PM's resignation
Bamako (AFP) Dec 31, 2017
Mali's president has appointed the government of the country's new prime minister, as he prepares for a presidential campaign amid an ongoing threat from jihadists. According to a decree published Sunday, President Ibrahim Boubacar Keita installed 36 ministers for Soumeylou Boubeye Maiga's government. Six new members are entering the government, formed hours after 63-year-old Maiga's app ... more
Conakry (AFP) Dec 30, 2017
Guinea massacre suspects to go before criminal tribunal
Kinshasa (AFP) Dec 28, 2017
Soldier among seven killed in DRCongo clashes
Nairobi (AFP) Dec 27, 2017
US forces kill 13 Shabaab militants in air strike


Bell-Boeing awarded dual contracts for V-22 support
Washington (UPI) Jan 02, 2018
The U.S. Navy has awarded two modified contracts to Bell-Boeing in support of the V-22 Osprey, both of which cover software updates and sustainment for the tiltrotor aircraft. The terms of the deal were announced Wednesday by the Department of Defense. In total, Bell-Boeing will be awarded more than $33.3 million under the terms of cost-plus-fixed-fee delivery order contracts, wh ... more
Washington (UPI) Jan 02, 2018
JPATS Logistics Services to support T-6 aircraft in new contract
Washington (UPI) Jan 02, 2018
Bell announces first flight for V-280 tiltrotor aircraft
Washington (UPI) Jan 02, 2018
NATO orders Elbit infrared counter-measures system
China tightens rules on oversea cash withdrawals
Beijing (AFP) Dec 30, 2017
China has tightened rules on how much cash cardholders can withdraw overseas in a bid to clamp down on money laundering, terrorist financing and tax evasion, authorities said Saturday. The annual limit will be set at 100,000 yuan ($15,355) per person from Monday - no matter how many cards a person has. Currently, there is an annual ATM cap of 100,000 yuan for each separate card, but t ... more
Beijing (AFP) Dec 29, 2017
China temporarily waives taxes to get foreign firms to stay
Beijing (AFP) Dec 27, 2017
China imposes new restrictions on outbound investment
Tokyo (AFP) Dec 29, 2017
Masayoshi Son: From chicken feed to Japan's richest tycoon
Daily Newsletters - Space - Military - Environment - Energy

China's Xi vows to support UN, boost living standards
Beijing (AFP) Dec 31, 2017
China will play its part in defending the international order and combating climate change while working to raise living standards for its own people, President Xi Jinping pledged Sunday in a New Year speech. Xi said the nation was committed to economic reforms in 2018, the 40th anniversary of the transformation led by Deng Xiaoping, "as reform and opening-up is the path we must take to make ... more
Montreal (AFP) Dec 30, 2017
Canada's G7 presidency: a 'progressive agenda' at risk
Washington (AFP) Dec 28, 2017
Tillerson defends foreign policy record at year's end
London (AFP) Dec 26, 2017
British navy frigate escorts Russian warship in North Sea


25 tonnes of toxic waste found dumped near Belgrade
Belgrade (AFP) Dec 30, 2017
The mayor of a Belgrade suburb said Saturday that a large-scale investigation will be launched following the discovery of 25 tonnes of toxic waste found dumped in a private field. "This is just the beginning of a major operation that will take place on our territory and in Serbia," Obrenovac mayor Miroslav Cuckovic told state television (RTS). "We will check all the sites where toxic was ... more
Kuta, Indonesia (AFP) Dec 28, 2017
Bali declares 'garbage emergency' amid sea of waste
Moscow (AFP) Dec 29, 2017
Russian environmental campaigner hospitalised after beating
Kuta, Indonesia (AFP) Dec 28, 2017
Bali declares 'garbage emergency' amid sea of waste
UN's Guterres issues year-end 'red alert' for a world divided
United Nations, United States (AFP) Dec 31, 2017
UN Secretary-General Antonio Guterres on Sunday issued a year-end "red alert" to a world he said faces the perils of inequality, nationalism, xenophobia and possibly even nuclear war unless it works to resolve its differences. "When I took office one year ago, I appealed for 2017 to be a year for peace," he said in his New Year's message. "Unfortunately, in fundamental ways, the world has go ... more
Rome (AFP) Dec 28, 2017
Italy to send troops to Niger to stem migrant flow: PM
Freetown (AFP) Dec 31, 2017
Sierra Leone mudslide survivors living back in danger zone
Ain Issa, Syria (AFP) Dec 26, 2017
Displaced Syrians survive war but face battle against cold
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