Oil News and Gas News
January 03, 2018
OIL AND GAS
Chinese oil import capacity from Russia doubled



(UPI) Jan 2, 2018
China could double the amount of crude oil it receives from Russia with the start of commercial operations of a pipeline, state media reported. The official Xinhua News Agency reported the second line of a Russian oil pipeline went into commercial service on Monday. It means Chinese imports of Russian crude oil could double from about 100 million to 300 million barrels per year. "The project is intended to deepen energy cooperation between China and Russia and serve the China-proposed Be ... read more

OIL AND GAS
Shell's departure from Denmark's refining business canceled
(UPI) Jan 2, 2018
A $30 billion divestment program will be completed this year even after an agreement to sell a Danish subsidiary dissolved, Royal Dutch Shell said Tuesday. ... more
OIL AND GAS
Carbon levy increased by 50 percent in Alberta
(UPI) Jan 2, 2018
Canada's oil-rich province of Alberta rang in the New Year with a 50 percent increase in a carbon levy that supports green investments, a minister said. ... more
OIL AND GAS
Geopolitical risk may be the factor to watch in 2018 for oil
(UPI) Jan 2, 2018
A U.S. president eager to advance an agenda of energy dominance, and a market with no room for risk, means 2018 may be one for the geopolitical books. ... more
OIL AND GAS
Iraq boasts of gas export options
(UPI) Jan 2, 2018
Iraq's energy minister said the capacity of a gas line in the southern port city of Basra spiked by almost 80 percent from last January. ... more


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OIL AND GAS
BP offers glimpse at gains from U.S. tax code
(UPI) Jan 2, 2018
British energy company BP said Tuesday its after-tax earnings from the United States would be supported by the 14 percent cut in the corporate tax rate. ... more
OIL AND GAS
Oil prices open the year volatile on competing narratives
(UPI) Jan 2, 2018
Crude oil prices started 2018 with a lack of direction as unrest in Iran, one of OPEC's top producers, balanced against concerns for the world's top economies. ... more
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 ... 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


No certification needed for offshore drilling safety, U.S. proposes

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





A new strategy for efficient hydrogen production
Ulsan, South Korea (SPX) Jan 02, 2018
A joint research team, affiliated with UNIST has introduced the Hybrid-Solid Electrolysis Cell (Hybrid-SOEC) system with highest reported electrochemical performance in hydrogen production. The proposed system has attracted much attention as a new promising option for the cost-effective and highly-efficient hydrogen production, as it shows excellent performance compared with other water-electrol ... more
University Park PA (SPX) Jan 02, 2018
Farmers in Kenya willing, able to ramp up croton nut output for biofuel
Lemont, IL (SPX) Jan 02, 2018
A catalytic balancing act
Washington DC (SPX) Jan 03, 2018
Locating the precise reaction path: Methane dissociation on platinum
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
Lausanne, Switzerland (SPX) Jan 03, 2018
Standardizing perovskite aging measurements
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


The wave power farm off Mutriku could improve its efficiency
Bilbao, Spain (SPX) Jan 03, 2018
The offshore power plant or wave farm at Mutriku is the only commercial facility (it is not a prototype) in the world that operates by regularly feeding the grid with electrical power produced by waves. It has been operating since 2011 and the study by the UPV/EHU's EOLO group analysed its behaviour during the 2014-2016 period. "It is important to find out how the wave power farm is actual ... more
Washington (UPI) Dec 28, 2017
Turkey gets European loan for renewable energy
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
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

Global warming could leave 25 percent of the planet in permanent drought
(UPI) Jan 2, 2018
New research suggests roughly a quarter of the globe could be left in permanent drought if efforts to curb global warming fail to meet the targets set by the Paris agreement. Scientists compiled the predictions of 27 global climate models to determine which regions of planet Earth are most likely to experience significant aridification by the end of the century. Their analysis -- ... more
Knoxville TN (SPX) Jan 02, 2018
Curbing climate change
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
New depth sensors could make self-driving cars practical
Boston MA (SPX) Jan 02, 2018
For the past 10 years, the Camera Culture group at MIT's Media Lab has been developing innovative imaging systems - from a camera that can see around corners to one that can read text in closed books - by using "time of flight," an approach that gauges distance by measuring the time it takes light projected into a scene to bounce back to a sensor. In a new paper appearing in IEEE Access, m ... more
Stockholm (AFP) Dec 27, 2017
China's Geely takes 2.7-bn euro stake in Swedish truckmaker Volvo
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


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
Kim vows North will mass-produce nukes but open to talks with Seoul
Seoul (AFP) Jan 1, 2018
North Korean leader Kim Jong-Un warned the United States Monday he has a "nuclear button" on his table but offered an apparent olive branch to South Korea in a New Year message, saying he was prepared for talks and may send a team to the Winter Olympics there. Kim struck a generally defiant note after a year of rising tensions marked by the North's multiple missile launches and its sixth and ... more
Washington (AFP) Dec 31, 2017
US, NKorea closer to war than ever: former US military chief
Beijing (AFP) Dec 29, 2017
China rejects Trump accusation on N. Korea sanction breaches
(UPI) Jan 2, 2018
Lockheed to support Korea's Peace Krypton intelligence aircraft
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) Jan 2, 2018
French President Macron to visit China next week
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 2, 2018
Boeing receives $17.5M for engineering support for KC-135
Washington (UPI) Jan 02, 2018
JPATS Logistics Services to support T-6 aircraft in new contract
Washington (UPI) Jan 2, 2018
Lockheed awarded $25M for Apache helicoptors for Egypt
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
Colombo (AFP) Jan 2, 2018
China boosts investment in Sri Lankan mega-project
Washington (AFP) Dec 28, 2017
Tillerson defends foreign policy record at year's end


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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