Oil News and Gas News
February 21, 2018
OIL AND GAS
Chevron resumes drilling in Iraqi Kurdistan



New York (AFP) Feb 20, 2018
Chevron said Tuesday it resumed its oil drilling operations in the Kurdistan region of Iraq, four months after suspending them amid tensions between Baghdad and the Kurds. "Chevron can confirm that it has resumed its activities in the KRI and we have restarted drilling operations at our Sarta 3 well," a company spokeswoman said in an email to AFP. Chevron halted drilling in October after an independence referendum in the northern city of Erbil sparked tensions with Baghdad. Baghdad responde ... read more

OIL AND GAS
Iraq wants oil exported through Turkey
Washington (UPI) Feb 20, 2018
The Iraqi government said it wants to discuss with Turkey the potential for moving oil again from federal territory to a port on the Mediterranean Sea. ... more
OIL AND GAS
U.S. consumer gas prices still inching lower
Washington (UPI) Feb 20, 2018
U.S. consumers are finally catching a break when they head to the gas station as retail prices follow the price of oil lower, market analysis finds. ... more
OIL AND GAS
Oil prices mixed despite OPEC chatter on long-term coordination
Washington (UPI) Feb 20, 2018
Chatter from OPEC wasn't enough to offset a slowdown in the OECD economies in the fourth quarter, leaving crude oil prices mixed in early Tuesday trading. ... more
OIL AND GAS
Platts: Norwegian oil field too big to ignore for possible Brent update
Washington (UPI) Feb 20, 2018
Once production starts from the Johan Sverdrup oil field in the North Sea, it could be a component of the basket of oils that make up Brent, Platts reported. ... more


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OIL AND GAS
Russia mulls LNG option for Pakistan
Washington (UPI) Feb 20, 2018
Russia could help improve energy security for Pakistan through the delivery of liquefied natural gas, the Russian foreign minister said Tuesday. ... more
OIL AND GAS
BHP expecting bids for its U.S. shale holdings by June
Washington (UPI) Feb 20, 2018
In reporting its results for the second half of 2017, Australian mining giant BHP Billiton said it's expecting initial bids for its U.S. shale assets by June. ... more
OIL AND GAS
Iran, India shake hands on energy
Washington (UPI) Feb 19, 2018
After signing a handful of agreements in India, Iranian President Hassan Rouhani said his country was ready to meet the country's energy needs. ... more
OIL AND GAS
Moody's gives good grade to LNG player Woodside
Washington (UPI) Feb 19, 2018
Australian energy company Woodside should post positive cash flow for 12 months, though its lack of geographical diversity may be an issue, Moody's said. ... more
OIL AND GAS
Middle East tensions lend risk premium to the price of oil
Washington (UPI) Feb 19, 2018
Middle East tensions, pitting Israel against Iran, added a geopolitical risk premium to the price of oil in a Monday session thinned by a U.S. federal holiday. ... more
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OIL AND GAS
Opponents question Keystone XL timeline
Washington (UPI) Feb 19, 2018
Opponents of the Keystone XL oil pipeline planned from Canada argue the company behind the project, TransCanada, is optimistic about its timeline. ... more
OIL AND GAS
Kashagan oil field inching toward design capacity
Washington (UPI) Feb 19, 2018
It could take the rest of the year for the Kashagan oil field in the Kazakh waters of the Caspian Sea to reach its full design capacity, the operator said. ... more
OIL AND GAS
Mexico becomes first Latin American country to join the IEA
Washington (UPI) Feb 19, 2018
By entering the "most important energy forum in the world," Mexico is the newest, and first Latin American, country to join the IEA, its government announced. ... more
OIL AND GAS
U.S. oil supply growth pressures oil prices
Washington (UPI) Feb 15, 2018
Crude oil prices declined Thursday as steady gains in U.S. crude oil production offset Saudi comments during the previous session on cuts. ... more
OIL AND GAS
Philippines, China eye joint exploration in disputed waters
Manila (AFP) Feb 16, 2018
China and the Philippines are discussing joint mineral exploration in the South China Sea despite an ongoing territorial conflict over the strategic waterway, Manila's foreign secretary said Friday. ... more


Higher federal gasoline tax likely dead on arrival

OIL AND GAS
U.S. oil exports could be driven by OPEC's balancing act
Washington (UPI) Feb 16, 2018
U.S. shale oil barrels that find their way on the international market could have the Organization of Petroleum Exporting Countries to thank, analysis suggests. ... more
OILGASDAILY



OIL AND GAS
Study examines methane emissions reduction from oil and gas in North America
London, UK (SPX) Feb 19, 2018
Atmospheric methane concentrations continue to increase globally, despite a pledge in 2016 from the leaders of the United States, Canada, and Mexico to reduce methane emissions from each country's o ... more
OIL AND GAS
Oil prices search for momentum, though inflation looms
Washington (UPI) Feb 16, 2018
Crude oil prices were slightly lower in early Friday trading on competing narratives on global demand and inflationary pressures in the United States. ... more
OIL AND GAS
North Sea energy player Neptune emerges
Washington (UPI) Feb 16, 2018
North Sea energy player Neptune said it's now a world-class player after acquiring the exploration arm of French energy company ENGIE. ... more
OIL AND GAS
Italy's Eni setting production records
Washington (UPI) Feb 16, 2018
Italian energy company Eni said Friday its production level in December reached an all-time high, attributing much of its gain to offshore Egypt. ... more
OIL AND GAS
Continental Resources expecting steady production gains
Washington (UPI) Feb 16, 2018
Ahead of its fourth quarter report, U.S. shale company Continental Resources said it expects its net production to grow by at least 15 percent. ... more
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Fungal enzymes could hold secret to making renewable energy from wood
York UK (SPX) Feb 20, 2018
An international team of researchers, including scientists from the University of York, has discovered a set of enzymes found in fungi that are capable of breaking down one of the main components of wood. The enzymes could now potentially be used to sustainably convert wood biomass into valuable chemical commodities such as biofuels. As an alternative to coal and oil, wood is increasingly ... more
+ The new bioenergy research center: building on ten years of success
+ Argonne and Energy Vision demonstrate Renewable Natural Gas as transport fuel
+ Indonesia eyes lax palm oil rules in EU trade deal: leak
+ Biochar could replace unsustainable peat moss in greenhouse industry
+ Lithuanian researchers: Wastewater treatment plants could generate electricity
+ Calculating the CO2 emissions of biofuels is not enough
+ Bio-renewable process could help 'green' plastic
United Sun Systems and DoE launch new super cheap solar battery system
Aiken, SC (SPX) Feb 20, 2018
United Sun Systems and the CEO Lars Jacobsson has signed an exclusive license agreement on a high-temperature, metal hydride-based thermal energy storage technology for concentrating solar power, with Savannah River National Laboratory. The technology is based on metal hydride materials that efficiently store thermal energy in the form of chemical bonds and then release that energy when th ... more
+ Leclanche selects NEXTracker's NX Drive Energy storage system for various applications
+ Governor Cuomo Announces More Than 1,000 Percent Growth Of Solar Power In New York
+ Greensmith Energy storage technology selected to deliver reliable solar power in Massachusetts
+ GE partners with Scatec Solar for the 162-Megawatt solar project in Brazil
+ U.S. solar segment depended on Asia in 2016
+ China's Solar-Powered Drone Test-Fires Missiles in Near Space
+ Cost-reduction roadmap outlines two pathways to meet DOE residential solar cost target for 2030


World's first floating wind farm put to the test
Washington (UPI) Feb 15, 2018
Put to the test with high winds and strong seas, Norway's Statoil said a floating wind farm in Scottish waters shows promise for deepwater installations. During its first three months in service, the company's Hywind Scotland floating wind farm, the first of its kind, was put to the test and performed better than expected. Hurricane Ophelia in October pummeled the wind farm with 80 mile ... more
+ New wind farm construction starts in Italy
+ Ireland pushing for greener economy
+ 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
Toshiba tips return to black as it sells chip, nuclear units
Tokyo (AFP) Feb 14, 2018
Troubled Japanese conglomerate Toshiba said on Wednesday it would swing into the black for the full fiscal year as it completes the multi-billion-dollar sale of its chip business to restore its balance sheet. The Tokyo-based firm said it now expects a net profit of 520 billion yen ($4.9 billion) for the year to March, reversing a net loss of 966 billion yen a year earlier. Toshiba, which ... more
+ Turkey's first nuclear power plant set for investor shake-up: reports
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Even without the clean power plan, US can achieve Paris Agreement emissions reductions
Pittsburgh PA (SPX) Feb 19, 2018
Carnegie Mellon University researchers have calculated that the U.S. can meet - or even beat - the near-term carbon dioxide emission reductions required by the United Nations Paris Agreement, despite the Trump Administration's withdrawal of the Clean Power Plan (CPP). Published in an Environmental Science and Technology viewpoint, the CMU team used data from U.S. Energy Information Adminis ... more
+ Key to predicting climate change could be blowing in the wind, researchers find
+ Research identifies 'evolutionary rescue' areas for animals threatened by climate change
+ Extreme weather to rise even if Paris goals are met: study
+ US intel chief issues warning about climate change
+ Worsening Ethiopian drought threatens to end nomadic lifestyle
+ S.Africa declares drought a 'national disaster'
+ Reducing the footprint of a greenhouse gas more potent than carbon dioxide
Optimizing recycling of scrap car parts yields big savings
Sendai, Japan (SPX) Feb 20, 2018
Sorting scrap car parts into just eight classes could increase recycling rates of alloy elements to over 97% in Japan, according to a study by Tohoku University researchers and their colleagues. Their analysis found that optimizing recycling could save Japanese steelmakers 31.6 billion yen ($287 million USD) on raw materials, and cut greenhouse gas emissions associated with obtaining new m ... more
+ German court could open way to bans on diesel cars
+ VW, Daimler face more recalls over emissions cheating: report
+ Maximizing the environmental benefits of autonomous vehicles
+ Waymo, Uber end trade secrets theft trial with settlement
+ At trial, former Uber CEO seeks to fend off conspiracy talk
+ Nissan to invest $9.5 billion in China to drive sales
+ Tesla aims to calm fears over Model 3 production


IS ambush kills 27 pro-government fighters in Iraq
Baghdad (AFP) Feb 19, 2018
The Islamic State group killed 27 members of a paramilitary group in an ambush in Iraq, the pro-government force said Monday, underlining the threat still posed by the jihadists despite Baghdad's declaration of victory. IS members disguised as soldiers attacked a Hashed al-Shaabi unit in the Hawija region about 300 kilometres (185 miles) north of Baghdad on Sunday evening, the auxiliary forc ... more
+ Iraqi state holds key to Yazidi return to Sinjar: ICG
+ Lebanese president makes landmark visit to Iraq
+ Iraq hands 6-year jail term to German jihadist teen: judiciary
+ Battle to free Mosul of IS 'intellectual terrorism'
+ Romance returns to Iraq's war-torn Mosul
+ Iraq's girl weightlifters also boost family finances
+ Iraqi air force to receive air training academy
US Secret Service denies China nuclear football 'skirmish'
Washington (AFP) Feb 20, 2018
The US Secret Service denied Monday reports that one of its agents and White House Chief of Staff John Kelly wrestled with Chinese security officials over the "nuclear football" during President Donald Trump's visit to Beijing in November. Chinese security officials blocked the US military aide carrying the briefcase that carries the procedures and communications equipment that allow the US ... more
+ UN draft calls for 'measures' over Iran missiles to Yemen
+ S. Korea's Moon says 'too early' for Pyongyang summit
+ Tillerson to N.Korea on talks: 'I'm listening'
+ Japan reports suspected North Korea sanctions breach
+ Son of dead environmentalist in Iran says family threatened
+ US wants UN action over report on Iranian missiles to Yemen
+ UN nuclear agency to help Japan for 2020 Olympics
Daily Newsletters - Space - Military - Environment - Energy

China angered by theft of Terracotta Warrior's thumb
Beijing (AFP) Feb 20, 2018
The theft of a thumb of an ancient Terracotta Warrior statue on display in the US incited a wave of criticism on Chinese social media Tuesday, following China's calls to "severely punish" the thief. Michael Rohana, 24, has been arrested over the theft during an after hours "ugly sweater party" just before Christmas at the Franklin Institute in Pennsylvania where 10 of the figures are on disp ... more
+ Hong Kong activist on trial over riots
+ MGM China to open mega resort in Macau as high rollers return
+ China's former internet czar expelled from Communist Party
+ Mercedes apologises to China after quoting Dalai Lama
+ Publisher detained in China 'confesses', blames Sweden
+ 'Gotta find a way': Chinese rap in crisis after crackdown
+ Hong Kong schools shut over deadly flu outbreak
EU pledges cash to protect nature reserve in Chad
Libreville (AFP) Feb 19, 2018
Almost 8 million euros ($10 million) of European funding has been pledged to restore and protect a UNESCO world heritage site in Chad, said NGO African Parks on Tuesday. The stunning mountainous landscape of the sandstone Ennedi nature reserve in northeastern Chad, near the border with Sudan, is a water-rich island of biodiversity on the southern fringes of the Sahara desert. It is home ... more
+ Weah's promised land: Liberia confronts age-old disputes
+ S. Africa widens hunt for Zuma allies to India, China
+ Cameroon's army denies alleged atrocities in restive anglophone regions
+ 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'


Extreme conditions await MH370 recovery if wreckage found
Sydney (AFP) Feb 21, 2018
Salvagers are confident debris and human remains can be recovered if Malaysia Airlines MH370 is finally found, despite the pitch-black darkness, crushing pressure and ice-cold water awaiting them. The disappearance of the Boeing 777 carrying 239 passengers and crew almost four years ago is one of aviation's greatest mysteries, with an Australian-led hunt across a 120,000 square-kilometre (46 ... more
+ US fighter jet drops fuel tanks in Japan accident
+ Air Force makes way for the B-21 Raider to replace B-1B, B-2 bombers
+ Chinese woman follows handbag into X-ray scanner
+ Israel to receive F-35 air vehicle deliveries
+ ASES awarded $18.5M contract for T-1A trainers' avionics
+ Boeing receives $219M contract for work on F/A-18 fuel tanks
+ Indonesia inks $1.1 bn deal with Russia to buy 11 jets
US eyes heavy tariffs on China, Russia to counter steel, aluminum glut
Washington (AFP) Feb 16, 2018
The US Commerce Department on Friday recommended imposing heavy tariffs on China, Russia and other countries to counter a global glut in steel and aluminum which it says threatens national security. The move gives President Donald Trump the opportunity to strike a highly public blow for his "America first" trade policy, but raises the prospect of retaliation from countries targeted and was s ... more
+ After stunning growth streak, Amazon ambitions seem boundless
+ HSBC profits surge as CEO departs
+ WTO chief urges US to avoid paralysing trade system
+ Trump threatens China sanctions, vows to rework S.Korea trade deal
+ Beijing ups trade tensions with new measures on key US chemical
+ Chinese bank lending surges to record high in January
+ Trade on agenda as China's top envoy visits US
Daily Newsletters - Space - Military - Environment - Energy

Defying US, Paris and Berlin stand firm on EU defence pact
Munich, Germany (AFP) Feb 16, 2018
Europe must be able to stand on its own feet militarily, France and Germany said Friday as they made the case for a new EU defence pact that has rattled Washington. In opening remarks at the Munich Security Conference, French Defence Minister Florence Parly and her German counterpart Ursula von der Leyen said the EU plan posed no threat to NATO. But they stressed that the European Union ... more
+ West's attitude stoking tensions in Balkans: Lavrov
+ German army facing 'big gaps' as spending cuts bite
+ Polish PM slams NATO 'free riders' before Berlin visit
+ US says NATO closing gaps in alliance unity
+ China slams India PM trip to disputed region
+ US naval officers at Japan base removed over 'misconduct'
+ Top US admiral warns of China's growing military might


Environmental chemicals may boost body weight: study
Miami (AFP) Feb 13, 2018
Chemicals used in food wrappers, non-stick pan coatings and clothing may boost body weight by interfering with metabolism, especially in women, US researchers said Tuesday. These chemicals - known as perfluoroalkyl substances (PFASs) - have previously been linked with cancer, hormone disruption, immune dysfunction, high cholesterol, and obesity. "Now, for the first time, our findings h ... more
+ Coal-loving Poland struggles with killer smog
+ Philippines resorts given two months to clean up 'cesspool' island
+ Biotechnologists look to bacteria in extremely cold environments for 'green' detergents
+ German government plays down 'free transport' plan
+ Storm runoff present salmon with toxic one-two punch, study shows
+ An efficient and sustainable way to filter salt and metal ions from water
+ Germany eyes free transport to banish air pollution
Reducing bird-related tragedy through understanding bird behavior
Gloucester Point VA (SPX) Feb 19, 2018
Bird-human actions can end in tragedy - for bird as well as human. John Swaddle believes technology and a solid understanding of bird behavior can make those tragedies less frequent. Swaddle is a behavioral biologist at William and Mary. He briefed attendees at the annual meeting of the American Association for the Advancement of Science on developments in a pair of initiatives designed to minim ... more
+ Brazil's Temer announces new security ministry to combat violence
+ Fukushima operator told to compensate for suicide of 102-year-old
+ Blockchain revolution comes to world of humanitarian aid
+ Mission unclear in Brazilian army takeover of Rio security
+ Hundreds dead in Syria enclave as UN warns situation 'out of control'
+ 13 killed in minister's quake zone copter crash
+ Relief turns to horror in Mexico helicopter crash
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