Oil News and Gas News
February 13, 2018
OIL AND GAS
U.S. spending bill calls for sale of strategic oil reserves



Washington (UPI) Feb 9, 2018
A component of the bipartisan U.S. spending bill that called for the sale of strategic oil reserves was a consideration met with criticism on Friday. A section of the spending bill signed by U.S. President Donald Trump early Friday morning called for the sale of barrels from the Strategic Petroleum Reserve such that it won't exceed $350 million in the current fiscal year. Hundred of million barrels of SPR sales are envisioned over the next decade under the measure passed by both houses of Congr ... read more

OIL AND GAS
Russia lowers key rate while striking upbeat tone
Washington (UPI) Feb 9, 2018
Volatility in food and crude oil prices could drive inflation in either direction for Russia, though its Central Bank said Friday it was lowering its key rate. ... more
OIL AND GAS
Industry talks up Florida oil and gas potential
Washington (UPI) Feb 9, 2018
Industry supporters in Florida kicked back against opposition to offshore drilling, saying the state has emerging opportunities to capitalize on U.S. momentum. ... more
OIL AND GAS
Oil prices slump, even after sigh of relief on passage of U.S. budget bill
Washington (UPI) Feb 9, 2018
Crude oil prices continued their losses in early Friday trading amid broad-based volatility and mounting concerns of supply-side pressures. ... more
OIL AND GAS
Iraq banks on private sector for post-IS reconstruction
Baghdad (AFP) Feb 10, 2018
Months after declaring victory over jihadists, war-battered Iraq hopes to attract billions of dollars from private investors as well as donors to fund its reconstruction. ... more


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OIL AND GAS
U.S. vows steady pressure on Venezuela
Washington (UPI) Feb 9, 2018
With oil-related sanctions on the table, the U.S. government said it remains committed to pressuring Venezuela as it prepares for presidential elections. ... more
OIL AND GAS
Iraq asks BP to study developing Kirkuk oil fields
Baghdad (AFP) Feb 11, 2018
Iraq has asked British energy giant BP to draft a study on boosting production in the oil fields of northern Kirkuk province, Oil Minister Jabbar al-Luaybi said Sunday. ... more
OIL AND GAS
Iraq asks BP to study developing Kirkuk oilfields
Baghdad (AFP) Feb 11, 2018
Iraq has asked British energy giant BP to help bolster production at oilfields recaptured from the Kurds in northern Kirkuk province, Oil Minister Jabbar al-Luaybi said Sunday. ... more
OIL AND GAS
Iran's Central Bank sees economic doors opening
Washington (UPI) Feb 9, 2018
With oil-related sanctions a nagging question for Iran, a central bank official said he's mindful of risks, adding economic growth depended on non-oil sectors. ... more
OIL AND GAS
Oil spills expose indigenous communities to toxic metals
Washington (UPI) Feb 9, 2018
Scientists have identified elevated levels of harmful metals in indigenous people living near oil spills. ... more
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OIL AND GAS
U.S. oil and gas improvements spreading out from Texas
Washington (UPI) Feb 7, 2018
Growth in U.S. exploration and production activity is spreading outside the Permian shale to the rest of the country, monthly figures indicate. ... more
OIL AND GAS
Oklahoma's earthquakes strongly linked to wastewater injection depth
Bristol UK (SPX) Feb 08, 2018
Man-made earthquakes in Oklahoma, USA, are strongly linked to the depth at which wastewater from the oil and gas industry are injected into the ground, according to a new study led by the University ... more
OIL AND GAS
Russia to boost Sudan military: Bashir
Khartoum (AFP) Feb 8, 2018
President Omar al-Bashir on Thursday said that Khartoum and Moscow have agreed on a programme to boost Sudan's military capabilities. ... more
OIL AND GAS
Uproar continues over Trump's offshore drilling plans
Washington (UPI) Feb 7, 2018
Democratic senators from U.S. coastal states said they're still waiting for clarification on a five-year drilling plan given the ambiguity over Florida. ... more
OIL AND GAS
Oil prices search for momentum on competing trends
Washington (UPI) Feb 8, 2018
Crude oil prices moved moderately lower in early Thursday trading, though strong U.S. oil output was offset somewhat by good economic news. ... more


U.S. mulling over impact of oil-related sanctions on Venezuela

OIL AND GAS
Outlook for one of Norway's biggest oil fields improves
Washington (UPI) Feb 7, 2018
Most of the metrics, from the expected price of oil to break even to the resource range, have improved at one Norway's most promising fields, partners said. ... more
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OIL AND GAS
Total commits further to LNG as a maritime fuel
Washington (UPI) Feb 6, 2018
French supermajor Total said Tuesday it made a deeper commitment to liquefied natural gas by chartering a refueling vessel for Europe-to-Asia trade routes. ... more
OIL AND GAS
Canada moves to speed environmental reviews of energy projects
Ottawa (AFP) Feb 9, 2018
Canada unveiled plans Thursday to speed up environmental reviews of mines, pipelines and dam projects, placing the approval process under a single agency. ... more
OIL AND GAS
Governors called to follow California in limiting offshore drilling
Washington (UPI) Feb 8, 2018
Governors from U.S. coastal states are called to follow suit after California moved to block the flow of oil from offshore rigs, an advocacy group said. ... more
OIL AND GAS
Africa-focused Tullow Oil strikes optimistic tone
Washington (UPI) Feb 7, 2018
Investments will continue off the coast of Ghana and focus will sharpen on developing prospects in Kenya, Africa-focused Tullow Oil said Wednesday. ... more
OIL AND GAS
Norway sees PPI pulled higher by energy prices
Washington (UPI) Feb 9, 2018
The government of Norway, one of the world's leading oil and gas producers, said its Producer Price Index was pulled higher by energy prices. ... more
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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
NREL scientists demonstrate remarkable stability in perovskite solar cells
Golden CO (SPX) Feb 08, 2018
Researchers at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) created an environmentally stable, high-efficiency perovskite solar cell, bringing the emerging technology a step closer to commercial deployment. Over the past decade, perovskites have rapidly evolved into a promising technology, now with the ability to convert about 23 percent of sunlight into elec ... more
+ Smart new method to manufacture organic solar cells
+ Production of solar fuels inches closer with discovery by Caltech scientists
+ New approach could quickly identify best organic solar cell mixtures
+ Monitoring positive charges in solar materials
+ Revealing the hidden path of perovskite formation
+ Avoiding blackouts with 100 percent renewable energy
+ Farm sunshine, not cancer: Replacing tobacco fields with solar arrays


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
Turkey's first nuclear power plant set for investor shake-up: reports
Istanbul (AFP) Feb 6, 2018
The Turkish consortium that was to build Turkey's first nuclear power plant in a joint venture with the Russian atomic energy agency has pulled out of the ambitious project, reports said on Tuesday. The Cengiz-Kolin-Kalyon (CKK) consortium - made out of three major privately-owned Turkish industrial conglomerates - has left the project due to a failure to agree commercial terms, the state ... more
+ Thorium reactors may dispose of enormous amounts of weapons-grade plutonium
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Worsening Ethiopian drought threatens to end nomadic lifestyle
Dabafayed, Ethiopia (AFP) Feb 13, 2018
Down a sandy track past a desiccated animal carcass lies a cluster of half-built huts that Ethiopia's government and aid agencies hope will blunt the worsening toll of repeated droughts. The soon-to-be village of Dabafayed is intended as a new, permanent home for once-nomadic herders made destitute by the country's back-to-back droughts. The lifestyle change is drastic but necessary, off ... more
+ Reducing the footprint of a greenhouse gas more potent than carbon dioxide
+ 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
Waymo, Uber end trade secrets theft trial with settlement
San Francisco (AFP) Feb 9, 2018
Waymo and Uber announced an agreement Friday in the blockbuster federal lawsuit over allegedly stolen trade secrets from the former Google self-driving car project. The surprise agreement ends a trial between the two Silicon Valley rivals competing in a race to develop autonomous cars, after four days of testimony before a federal judge in San Francisco. A source familiar with the confid ... more
+ Tesla aims to calm fears over Model 3 production
+ At trial, former Uber CEO seeks to fend off conspiracy talk
+ German prosecutors raid Audi again in 'dieselgate' probe
+ Nissan to invest $9.5 billion in China to drive sales
+ In court clash, Waymo says Uber decided 'to cheat' to get ahead
+ NREL research determines integration of plug-in electric vehicles
+ Tesla cars to have own motor racing competition


Iraqi-US anti-corruption activist jailed for defamation
Diwaniyah, Iraq Feb 9, 2018
An Iraqi court has sentenced an Iraqi-US anti-corruption activist to six years in jail for defamation of state institutions, an NGO said on Friday. Over the past two years Bassem Khashan had tracked down 350 cases of corruption by local officials in the southern province of Muthana and alerted authorities, said Majid Abu Kalal of the Dhar NGO. Khashan provided what he said was proof and ... more
+ Iraqi air force to receive air training academy
+ France FM calls for Iraq reconciliation ahead of poll
+ Devastated Iraq seeks $90 billion for reconstruction
+ Suicide attack kills one in Iraq's Ramadi
+ Baghdad mayor has ambitious plans for her city
+ US-led coalition says 'adjusting' down forces in Iraq
+ Book culture returns to Mosul; Iraq lists 60 most-wanted jihadists and Baathists
Russians held for 'mining bitcoin' at top nuclear lab
Moscow (AFP) Feb 9, 2018
Engineers at Russia's top nuclear research facility have been detained after they attempted to mine bitcoin on its computers, Russian news agencies reported Friday. Several employees at the Russian Federal Nuclear Centre in the city of Sarov have been detained after making "an attempt to use the work computing facilities for personal ends, including for so-called mining," a spokeswoman for t ... more
+ UN chief urges dialogue in talks with N. Korea ceremonial leader
+ Iran military official: West used lizards for nuclear spying
+ Pence announces 'toughest' US sanctions on North Korea
+ Top US general warns of 'nasty' Korea conflict, stresses diplomacy
+ Hard road ahead for Olympics detente: analysts
+ US, S. Korea united as inter-Korea talks occur: Pence
+ Questions surround prison death of Iranian-Canadian environmentalist
Daily Newsletters - Space - Military - Environment - Energy

Publisher detained in China 'confesses', blames Sweden
Shanghai (AFP) Feb 10, 2018
Detained book publisher Gui Minhai has surfaced nearly three weeks after disappearing into police custody in China, confessing wrongdoing and accusing his adopted country Sweden of manipulating him like a "chess piece". It was unclear whether the Chinese-born Gui's statement was made under duress, but video of his confession shows him flanked by two police officers and a close friend said th ... more
+ Mercedes apologises to China after quoting Dalai Lama
+ 'Gotta find a way': Chinese rap in crisis after crackdown
+ Hong Kong schools shut over deadly flu outbreak
+ Vatican's delicate China mission runs into trouble
+ China says Swedish publisher held under criminal law
+ Hong Kong democracy activists walk free in appeal victory
+ Daughter's fears grow over bookseller missing in China
Cameroon's army denies alleged atrocities in restive anglophone regions
Libreville (AFP) Feb 9, 2018
The Cameroonian army on Friday denied its troops were responsible for alleged atrocities against separatists in English-speaking regions after unverified footage apparently involving soldiers was posted online. "These accusations of atrocities are dreamt up. We are victims of disinformation and fake news," army spokesman Colonel Didier Badjeck told AFP, just days after the appearance of the ... more
+ Rapid land changes forecast for East African savannahs
+ African Union head calls China spying report 'lies'
+ Nigeria to send troops to restive central states: army
+ France freezes assets of DR Congo general over civilian 'massacres'
+ Mali mayor kidnapped by armed men: family
+ Benin's threatened Pendjari National Park gets $23.5m boost
+ Suicide bomber kills four Malian soldiers


Malaysia says no mystery over 'missing' MH370 search ship
Kuala Lumpur (AFP) Feb 8, 2018
Malaysia Thursday quashed rumours swirling after a ship searching for Malaysia Airlines flight MH370 disappeared from tracking screens, saying it had simply made a refuelling stop in Australia and would resume the hunt. The Seabed Constructor, hired in January for a fresh search for the missing plane, turned off its location transponder for three days without explanation early this month, sp ... more
+ Lockheed Martin picks BAE Systems to modernize UAE's F-16 fleet
+ Lockheed awarded $119M for support of Air Force F-35s
+ Lockheed awarded contract for Taiwan F-16 program support
+ Lockheed contracted for design, development on Israeli F-35 program
+ Three MV-22 Ospreys to receive upgrades
+ Air Force awards $400M contract to support Iraqi F-16s
+ EFW tapped to provide Apache aviator helmets
Trade on agenda as China's top envoy visits US
Washington (AFP) Feb 9, 2018
US Secretary of State Rex Tillerson welcomed Chinese state councillor Yang Jiechi to Washington on Thursday as the world's two most powerful diplomats talked trade, drugs and North Korea. Yang is in Washington for two days at a time when relations between the top powers are dominated by the North Korean nuclear stand-off and President Donald Trump's concerns about their trade imbalance. ... more
+ Beijing ups trade tensions with new measures on key US chemical
+ China 'worried' over US trade relations as surplus narrows
+ China looks to stamp out cryptocurrency trading
+ Chinese bank lending surges to record high in January
+ Xi wants 'new level' of China-Britain ties as May visits
+ May arrives in China eyeing post-Brexit trade links
+ China factory expansion slows again in January
Daily Newsletters - Space - Military - Environment - Energy

British warship to sail through disputed South China Sea
Sydney (AFP) Feb 13, 2018
A British warship will sail from Australia through the disputed South China Sea next month to assert freedom of navigation rights, a senior official said Tuesday in a move likely to irk Beijing. China claims nearly all of the resource-rich waterway and has been turning reefs and islets into islands and installing military facilities such as runways and equipment on them. British Defence ... more
+ US power not in decline across Asia-Pacific: Dunford
+ China activity on reclaimed reef has eroded trust: ASEAN
+ Trump's military parade plan sparks backlashl
+ Blow to Macron plans for pan-EU MEPs after Brexit
+ 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


Siberian smog monitors battle for clean air
Moscow (AFP) Feb 9, 2018
Weary of local officials dismissing the deadly smog that covers their city, citizens of Siberia's industrial hub Krasnoyarsk decided to take action and monitor air quality themselves. But they quickly came up against those same authorities in the remote region 4,200 kilometres (2,600 miles) east of Moscow. Krasnoyarsk boasts dozens of factories as well as one of the world's biggest alum ... more
+ Vietnam activist jailed for 14 years over fish kill protests
+ Duterte slams top Philippine tourist island as 'cesspool'
+ An efficient and sustainable way to filter salt and metal ions from water
+ In Kosovo's capital, 'breathing harms health'
+ An underestimated threat: Land-based pollution with microplastics
+ Air pollution closes all schools in Tehran
+ These bacteria produce gold by digesting toxic metals
Hong Kong police probe deadly bus accident
Hong Kong (AFP) Feb 11, 2018
A deadly Hong Kong bus crash that killed 19 and left scores more injured was under investigation Sunday, with the city's leader calling for a wide-ranging inquiry as questions surfaced over the industry's long hours and low pay. Most victims of the accident on Saturday evening, which saw a double decker flip over and smash into a lamppost, were men aged in their 50s and 60s, according to loc ... more
+ Fukushima operator ordered to pay $10 million in new damages
+ French watchdog points at Russia over radiation cloud
+ Eight dead, three missing after China road collapse
+ Got a coastal bridge to retrofit? There's an optimal approach for that
+ Taiwan quake highlights hi-tech island's shoddy building past
+ Cape Town calls for hygiene blitz amid water crisis
+ Fukushima operator aims to double visitors by Tokyo Olympics
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