Oil News and Gas News
February 07, 2018
OIL AND GAS
Fear and diplomacy fuel Qatar's military spending



Doha (AFP) Feb 2, 2018
Since the Qatar diplomatic crisis started, one response by the emirate has become increasingly clear - Doha is using its extraordinary wealth to fund a massive push in defence spending. A flurry of military contracts have followed since Saudi Arabia and its allies dramatically cut all ties with Qatar last June, accusing the 2022 World Cup host of sponsoring terrorism and cosying up to Riyadh's bitter regional rival, Iran. Isolated by and increasingly vulnerable to its more powerful neighbours, ... read more

OIL AND GAS
Oil prices lose ground after bank-fueled rally
Washington (UPI) Feb 2, 2018
Crude oil prices dropped into negative territory in early Friday trading following solid gains backed by emerging bullish sentiments about the market so far. ... more
OIL AND GAS
U.S. mulls wide-ranging impacts of sanctioning Venezuelan oil
Washington (UPI) Feb 5, 2018
A ban on the sale of oil from Venezuela to the United States is something that needs to be considered, the U.S. Secretary of State said. ... more
OIL AND GAS
Environmentalists appeal ruling over Norway's Arctic oil licences
Oslo (AFP) Feb 5, 2018
Environmental groups on Monday said they were appealing to Norway's supreme court a ruling allowing the Nordic nation, western Europe's largest oil and gas producer, to grant exploration licenses in the Arctic. ... more
OIL AND GAS
Iran prioritizes focus on sunken oil tanker
Washington (UPI) Feb 5, 2018
With pollution on the coast of Japan a concern, the Iranian government said Monday it was prioritizing its response to the sinking of the oil tanker, Sanchi. ... more


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OIL AND GAS
U.S. production for Hess balanced by third-party issues offshore
Washington (UPI) Feb 5, 2018
Total U.S. oil production for Hess Corp. during the fourth quarter was balanced by gains from the Bakken shale and third-party issues in the Gulf of Mexico. ... more
OIL AND GAS
EU missing some energy targets
Washington (UPI) Feb 5, 2018
Members of the European Union were falling short of their energy consumption targets for 2020, data from the EU's statistics office show. ... more
OIL AND GAS
Method of petroleum extraction based on injections of nanosized metal oxide colloids
Kazan, Russia (SPX) Feb 05, 2018
Sergey Sitnov, Senior Research Associate of the Laboratory, is one of the seven 2017 Russian Presidential Grant winners from KFU. His work at the laboratory focuses on finding ways to increase effic ... more
OIL AND GAS
French major Total takes more of South African oil
Washington (UPI) Feb 5, 2018
French energy company Total said Monday it has expanded its footprint off the South African coast by taking exploration rights offshore Guyana. ... more
OIL AND GAS
US restricts arms transfers to bloodied South Sudan
Washington (AFP) Feb 2, 2018
Appalled by ongoing violence in South Sudan, Washington on Friday restricted arms transfers to the African country where tens of thousands have died in civil war. ... more
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OIL AND GAS
Russian GDP growth still forecast below 2 percent
Washington (UPI) Feb 2, 2018
Though oil prices are flirting with historic highs, growth in Russia's gross domestic product won't reach 2 percent in the near term, the Central Bank said. ... more
OIL AND GAS
Oil prices follow broader markets lower
Washington (UPI) Feb 5, 2018
Crude oil prices followed broader stock market indices Monday, trending lower on rising U.S. output and fears of increasing inflationary pressures. ... more
OIL AND GAS
Aker BP continues to probe December rig fatality
Washington (UPI) Feb 2, 2018
Norwegian oil and gas producer said in announcing its fourth quarter results it was still looking into what led to a fatal accident on a rig in December. ... more
OIL AND GAS
Kashagan oil exports reach milestone
Washington (UPI) Feb 2, 2018
By the end of January, the operator of the Kashagan oil field in the Kazakh waters of the Caspian Sea said it exported more than 70 million barrels of oil. ... more
OIL AND GAS
Oil from stricken Iranian vessel may have reached Japan
Washington (UPI) Feb 2, 2018
It's possible that oil from an Iranian tanker that sunk off the coast of China last month has reached the coast of Japan, maritime officials said. ... more


China took on more oil than the U.S. last year

OIL AND GAS
Fourth quarter production for Exxon turns south
Washington (UPI) Feb 2, 2018
While pledging to spend "billions of dollars" on U.S. production, Exxon Mobil said Friday its production was down about 3 percent from last year. ... more
OILGASDAILY



OIL AND GAS
ANWR drilling a big deal, Trump says
Washington (UPI) Feb 2, 2018
Opening up the potential for oil and gas in parts of an Alaskan wildlife refuge was one of the biggest components of the tax overhaul, the U.S. president said. ... more
OIL AND GAS
Royal Dutch Shell sees big profits, but lower cash flow
Washington (UPI) Feb 1, 2018
Looking ahead to first quarter 2018 performance, Royal Dutch Shell said exploration and production earnings may be impacted by divestments. ... more
OIL AND GAS
Offshore Asia-Pacific not prepared for decommissioning
Washington (UPI) Feb 1, 2018
Hundreds of Asia-Pacific fields could stop production in the next decade and the industry is unprepared to handle the decommissioning task, analysis finds. ... more
OIL AND GAS
Oil prices shrug off U.S. record
Washington (UPI) Feb 1, 2018
Crude oil prices shot back toward the $70 mark early Thursday after reports of a drain in gasoline inventories as traders shrugged off big U.S. oil gains. ... more
OIL AND GAS
Lundin Petroleum posts income and production gains
Washington (UPI) Feb 1, 2018
Already expecting gains from one of Norway's biggest offshore fields, Lundin Petroleum said its full-year production last year improved by nearly 50 percent. ... more
24/7 Nuclear News Coverage
24/7 War News Coverage
24/7 War News Coverage



Calculating the CO2 emissions of biofuels is not enough
Lausanne, Switzerland (SPX) Feb 05, 2018
"In my study, I wanted to show that calculating the greenhouse gas emissions of biofuels tells just half of the story. What we really need to do is quantify the emissions of each product coming out of biorefineries," says Edgard Gnansounou, professor at EPFL and head of the school's Bioenergy and Energy Planning Research Group. To that end, Gnansounou has developed a sophisticated computer model ... more
+ Bio-renewable process could help 'green' plastic
+ To maximize sugarcane harvesting, use the right blade
+ The making of biorelevant nanomaterials
+ Malaysia protest against EU push to ban palm oil in biofuels
+ New catalyst for hydrogen production is a step toward clean fuel
+ New study shows producers where and how to grow cellulosic biofuel crops
+ Solid-state physics offers insights into dielectric properties of biomaterials
Kyocera TCL Solar completes 21MW solar plant on repurposed land
Tokyo, Japan (SPX) Feb 02, 2018
Kyocera Corporation and Tokyo Century Corporation report that Kyocera TCL Solar LLC has completed construction of a 21.1 megawatt (MW) utility-scale solar power plant in Hagi City, Yamaguchi Prefecture, Japan. 78,144 Kyocera solar modules were installed on approximately 1km2 of land originally planned for the construction of an industrial waste disposal facility which was abandoned, then repurpo ... more
+ Colorado updates clean energy vision
+ China hits back after US tariffs
+ U.S. tariff on solar power components met with backlash
+ Scientists discover material ideal for smart photovoltaic windows
+ Tesla, Australia to turn 50,000 homes into power generators
+ Kyocera team update progress of 480-Megawatt solar power project
+ White House seeking to slash renewable energy research: report


Ireland pushing for greener economy
Washington (UPI) Jan 31, 2018
The Irish government, despite what happens for Great Britain, is committed to the European Union's energy and renewable policies, the environment minister said. "Ireland is now a world leader in integrating renewables onto the electricity grid," Irish Environment Minister Denis Naughten said in comments emailed Wednesday from a renewable energy conference in Dublin. "Whatever the final ... more
+ China wind turbine-maker guilty of stealing US trade secrets
+ Scotland sets up $83 million low-carbon fund
+ German offshore wind farm closer to powering mainland
+ The wave power farm off Mutriku could improve its efficiency
+ Turkey gets European loan for renewable energy
+ Oil-rich Alberta sees momentum for wind energy
+ Construction to start on $160 million Kennedy Energy Park in North Queensland
Thorium reactors may dispose of enormous amounts of weapons-grade plutonium
Tomsk, Russia (SPX) Jan 30, 2018
Scientists from the School of Nuclear Science and Engineering of Tomsk Polytechnic University are developing a technology enabling the creation of high-temperature gas-cool low-power reactors with thorium fuel. TPU scientists propose to burn weapons-grade plutonium in these units, converting it into power and thermal energy. Thermal energy generated at thorium reactors may be used in hydro ... more
+ Framatome continues ramping up production at its Le Creusot site
+ USA: Framatome to acquire Instrumentation and Control nuclear business of Schneider Electric
+ Framatome nuclear fuel contract with CNNC
+ Framatome pursues the industrial and technological adventure of the nuclear energy business
+ Struggling Westinghouse Electric sold to Brookfield for $4.6 bn
+ Russia to build nuclear power plant in Sudan
+ Dominion Energy to buy troubled SCANA and shuttered nuclear projects
Daily Newsletters - Space - Military - Environment - Energy

Reducing the footprint of a greenhouse gas more potent than carbon dioxide
Los Angeles CA (SPX) Feb 06, 2018
USC scientists have unlocked a new, more efficient pathway for converting methane - a potent gas contributing to climate change - directly into basic chemicals for manufacturing plastics, agrochemicals and pharmaceuticals. In research published on Dec. 4 in the Journal of the American Chemical Society, chemists at USC Loker Hydrocarbon Research Institute say they have found a way to help t ... more
+ Climate variability - past and future
+ NETs will not compensate for inadequate climate change mitigation efforts: EASAC report
+ Most of last 11,000 years cooler than past decade in North America, Europe
+ France says it fell short on greenhouse gas emissions
+ How to reduce heat extremes by 3C
+ Latin Americans more concerned about climate change than US, Canada
+ Dimming the Sun to cool Earth could ravage wildlife: study
NREL research determines integration of plug-in electric vehicles
Golden CO (SPX) Feb 05, 2018
An influx of plug-in electric vehicles (PEVs) charging without coordination could prove challenging to the nation's electric grid, according to research conducted by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). Matteo Muratori, a transportation and energy systems engineer at NREL and author of the new Nature Energy paper, "Impact of Uncoordinated Plug-in Ele ... more
+ Tesla cars to have own motor racing competition
+ VW hid 'devastating' result from diesel exhaust tests on monkeys
+ VW suspends chief lobbyist over emission tests on monkeys
+ Waymo ramps up self-driving fleet with 'thousands' of cars
+ California wants 5 million 'green' cars on roads by 2030
+ German carmakers under fire for diesel tests on humans, monkeys
+ Hyundai Motor 2017 net profit sinks 20.5%


Iraqi Kurds say 4,000 jihadists detained including foreigners
Arbil, Iraq (AFP) Feb 6, 2018
Authorities in Iraqi Kurdistan said Tuesday they had detained some 4,000 suspected members of the Islamic State jihadist group, including foreigners, in recent years. They include around 1,000 jihadists who surrendered during the battle for Hawija, the last IS urban stronghold in Iraq until its fall late last year, Iraqi Kurdish official Dindar Zibari told reporters. He said 350 people d ... more
+ US-led coalition says 'adjusting' down forces in Iraq
+ Book culture returns to Mosul; Iraq lists 60 most-wanted jihadists and Baathists
+ Iraq 'police club' banned after football brawl
+ Iraqis maimed in battle struggle to survive as amputees
+ Interpol returns ex-minister wanted for corruption to Iraq
+ Eight dead as US-led strike hits Iraq forces
+ Facing death in Iraq, European jihadists won't get help from home
Pentagon pushes nuclear weapons expansion, modernization
Washington (UPI) Feb 2, 2018
The Pentagon called for the United States to develop two new types of weapons in an update of its nuclear policy Friday. The new policy - the first update of the Nuclear Posture Review since 2010 - pushes modernization of U.S. nuclear weapons, infrastructure and delivery systems. It overturns years of Obama-era policy that sought to reduce the size and power of the United States' nucl ... more
+ China slams "wild guesses" in US nuclear review
+ U.S., U.K. to upgrade ballistic missile guidance system
+ US does not rule out North Korea talks at Olympics
+ Iran president rules out negotiations over missiles
+ Fears of nuclear arms race despite US, Russian pledges
+ Lockheed Martin awarded contract to modernize USAF Airborne Launch Control System
+ US wants low-yield nukes to prod Russia to respect nuclear pacts
Daily Newsletters - Space - Military - Environment - Energy

China says Swedish publisher held under criminal law
Beijing (AFP) Feb 6, 2018
China acknowledged Tuesday that Swedish book publisher Gui Minhai was in custody under criminal law, brushing aside Stockholm's protests after he was seized under the eyes of Swedish diplomats last month. Gui, 53, was arrested on a train to Beijing just over two weeks ago while being assisted by two Swedish diplomats - the second time he has disappeared in murky circumstances into Chinese c ... more
+ Hong Kong democracy activists walk free in appeal victory
+ Daughter's fears grow over bookseller missing in China
+ Vatican's delicate China mission runs into trouble
+ Hong Kong democracy candidate cleared to run in fraught vote
+ China rights lawyer charged with 'inciting subversion'
+ Ex-governor urges British PM to speak out on Hong Kong in China visit
+ EU envoy urges China to release Swedish book publisher
France freezes assets of DR Congo general over civilian 'massacres'
Paris (AFP) Feb 4, 2018
France has frozen the financial assets of a Congolese general placed on the UN's sanctions list for supporting a massacre of civilians by a suspected militia in 2014 and 2015, according to a notice published Sunday. The government will freeze the "funds and financial resources" in France belonging to General Muhindo Akili Mundos, an ally of President Joseph Kabila, as well as those of three ... more
+ Mali mayor kidnapped by armed men: family
+ Benin's threatened Pendjari National Park gets $23.5m boost
+ Suicide bomber kills four Malian soldiers
+ Two customs officers killed in Mali 'jihadist' attack
+ Somali forces kill boys in anti-Shabaab operation: US
+ US calls for South Sudan arms embargo after failed truce
+ S.Africa in 'new era', likely next president tells Davos


Three MV-22 Ospreys to receive upgrades
Washington (UPI) Jan 31, 2018
Bell-Boeing JPO was awarded a contract for upgrades to three MV-22 Osprey aircraft. The deal, announced Tuesday by the Department of Defense, is valued at more than $69.6 million and is a modification to a previously awarded undefinitized contract classified under the terms of a cost-plus-fixed fee, firm-fixed price contract. The modified contract provides for the upgraded config ... more
+ Air Force awards $400M contract to support Iraqi F-16s
+ EFW tapped to provide Apache aviator helmets
+ Australia warplane catches fire during US training: military
+ Australia welcomes fighter jets home after completing mission in Middle East
+ Jordan gets more US Black Hawks to bolster defences
+ Expert behind new MH370 search hopeful of find within a month
+ Eielson Air Base to receive F-35 weather shelter
Xi wants 'new level' of China-Britain ties as May visits
Beijing (AFP) Feb 1, 2018
Chinese President Xi Jinping told British Prime Minister Theresa May on Thursday that their countries should take trade ties to "a new level" as London scouts the globe for fresh partnerships after its contentious EU exit. Hounded by Brexit rows at home, May is seeking to deepen trade relations with the world's second largest economy as Britain prepares to leave the European Union next year. ... more
+ May arrives in China eyeing post-Brexit trade links
+ China factory expansion slows again in January
+ Microsoft reports loss due to tax charge
+ Brexit dogs May as she eyes 'golden era' with China
+ Foreign reporters say China work conditions worsen
+ Wanda stock skyrockets after $5.4bn Tencent tie-up
+ American companies see a booming China that may not want them
Daily Newsletters - Space - Military - Environment - Energy

US power not in decline across Asia-Pacific: Dunford
Darwin, Australia (AFP) Feb 6, 2018
US commitment to the Asia-Pacific remains unwavering even though rivals falsely depict its influence as waning, the country's top general said Tuesday. General Joe Dunford's remarks came weeks after the Pentagon unveiled a new national defence strategy labelling China as a "strategic competitor" that bullies its neighbours, and as America seeks to counter a narrative that President Donald T ... more
+ Tillerson lands in Latin America with swipes at China and Venezuela
+ China urges Trump to drop 'Cold War mentality'
+ Japan, China talks end with friendship vows but no breakthrough
+ Russia doing 'absolutely nothing' to end Ukraine conflict: US envoy
+ Moscow says UK defence minister worthy 'of Monty Python'
+ NATO takes Russian meddling in polls 'very seriously'
+ Trump touts 'America First' to sceptical Davos elite


An underestimated threat: Land-based pollution with microplastics
Berlin, Germany (SPX) Feb 06, 2018
Tiny plastic particles also present a threat to creatures on land and may have damaging effects similar or even more problematic than in our oceans. Researchers from the Leibniz-Institute of Freshwater Ecology and Inland Fisheries (IGB) and their Berlin colleagues warn: the impact of microplastics in soils, sediments and the freshwaters could have a long-term negative effect on terrestrial ecosy ... more
+ Air pollution closes all schools in Tehran
+ These bacteria produce gold by digesting toxic metals
+ 'Oil-like' blobs hit Japan beaches after tanker sinks
+ High pollution shuts schools in Tehran
+ High-pressure air injections could aid contaminated soil cleanups
+ EU summons France, Germany, UK to 'final chance' pollution talks
+ 'Toxic bloc' warned of EU legal action over air pollution
French watchdog points at Russia over radiation cloud
Paris (AFP) Feb 6, 2018
The radioactive cloud detected across Europe late last year may have been caused by an incident in Mayak nuclear facility, one of Russia's biggest, France's radioactivity surveillance institute said Tuesday. "One possible hypothesis is that of a leak coming from an incident during an operation involving radioactive fuel cooled for around two years in Mayak complex, which is in the area betwe ... more
+ Cape Town calls for hygiene blitz amid water crisis
+ Fukushima operator aims to double visitors by Tokyo Olympics
+ Dutch 'ill-prepared' for cross-border nuclear accident: probe
+ Dutch to help tourism firms on storm-hit Caribbean isles
+ Researchers identify 'anxiety cells' inside the brains of mice
+ Stressed-out Dhaka to get 'Anger Management Park'
+ Mammals and birds could have best shot at surviving climate change
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