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  Washington (UPI) Feb 26, 2018 Up to $45 million in costs to drill a well off the Gambian coast is covered through a deal with Malaysian oil company PETRONAS, Australia's FAR Ltd. said. PETRONAS, an abbreviated form of Petroliam Nasional Berhad, was assigned a 40 percent stake each in two petroleum licenses off the Gambian coast. Under the terms of the agreement, PETRONAS agreed to cover 80 percent of the costs to drill an exploration well up to a total maximum coast of $45 million. FAR Managing Director Cath Norman s ... read more |
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Shale-rich Oklahoma still facing seismic testWashington (UPI) Feb 28, 2018 Shale-rich Oklahoma recorded a minor tremor early Wednesday, highlighting state struggles to address geological concerns in its energy sector. ... more 
Texas oil production topped 1 billion barrels last yearWashington (UPI) Feb 27, 2018 Total crude oil production from Texas last year topped 1 billion barrels and daily production in December was 5 percent higher year-on-year, data show. ... more 
Philippines says in talks with China state firm on joint sea explorationManila (AFP) March 1, 2018 The Philippines said Thursday it is in talks with a Chinese state firm for joint South China Sea energy resource exploration and extraction, in a proposed deal described by President Rodrigo Duterte as akin to "co-ownership" of contested areas. ... more 
Schlumberger and Subsea 7 propose joint ventureWashington (UPI) Feb 23, 2018 Working together through a joint venture will bring the best of both worlds to offshore oil and gas services, Schlumberger and Subsea 7 announced Friday. ... more |
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| Previous Issues | Feb 27 | Feb 26 | Feb 25 | Feb 23 | Feb 22 |
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Continental Resources posts record for Bakken shale productionWashington (UPI) Feb 22, 2018 Net production from the Bakken shale reservoir in North Dakota set an all-time high for the company in the fourth quarter, Continental Resources said. ... more 
Alberta envisions more oil in its pipelinesWashington (UPI) Feb 27, 2018 By reducing the thickness of the type of oil found in Alberta, government officials said they expect volumes through a limited network of pipelines to improve. ... more 
Saudi crown prince flexes muscle with military shake-upRiyadh (AFP) Feb 27, 2018 Saudi Arabia's sudden overhaul of military commanders is the latest power play by Crown Prince Mohammed bin Salman as he looks to revamp forces currently bogged down in Yemen. ... more 
For energy experts, new method is a gasNewark DE (SPX) Feb 28, 2018 More than 30 states have shale formations that harbor natural gas underground, according to the Energy Information Administration. But industry experts can't agree on exactly how much fuel is inside ... more 
Lower gas prices might not lastWashington (UPI) Feb 27, 2018 Average commuters in the United States saw relief at the pump continue through much of February, but lower retail gas prices might not last, analysis finds. ... more |
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 Iraq exported more than 100 million barrels of oil last month 
Football beats politics for fans ahead of Iraq, Saudi clashBasra, Iraq (AFP) Feb 27, 2018 With his social media campaign welcoming Saudi Arabia's football team to Iraq - "Greens, you're at home!" - Arkan Taqi has broken a taboo in his hometown Basra, close to the Iranian border. ... more  |
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Oil prices without traction as eyes focus on inventory levelsWashington (UPI) Feb 27, 2018 Crude oil prices moved lower in early Tuesday trading on expectations of a build in U.S. crude oil inventories, but the decline was subdued by acclimation. ... more 
Quakes halt LNG production in Papua New GuineaWashington (UPI) Feb 27, 2018 Production at a liquefied natural gas facility in Papua New Guinea was shut down safely after a major earthquake this week, an Australian company said. ... more 
More production from offshore Norway closer to realityWashington (UPI) Feb 27, 2018 A quarter of a billion dollars in development contracts puts the Nova field in the Norwegian waters of the North Sea closer to production, Wintershall said. ... more 
Shell: Demand for liquefied natural gas could outpace supplyWashington (UPI) Feb 26, 2018 Without new operations, the global market for liquefied natural gas could slip into a deficit by the middle of the next decade, Royal Dutch Shell said. ... more 
BP may do better than expectedWashington (UPI) Feb 26, 2018 Steady momentum for the oil and natural gas sector recovery could mean earnings improve for British supermajor BP, RBC Capital Markets said Monday. ... more |
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 York UK (SPX) Feb 27, 2018  A study of the unusual digestive system of an ancient group of insects has provided new insights into future biofuel production.
Published in Nature Communications, the research reveals that the ability of some insects to efficiently digest cellulose could be exploited for industrial processes, such as the production of sustainable low carbon fuels to cut greenhouse gas emissions associate ... more |
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 Lucknow, India (SPX) Feb 28, 2018 
Avaada Power Pvt. Ltd, India's leading clean energy company, has signed an Memorandum of Understanding (MoU) with the Government of Uttar Pradesh to invest USD 1.55 billion in the state for developing 1,600 MW Solar Projects. The projects will be developed across Mirzapur, Badun, Gorakhpur and Bundelkhand districts.
With this investment, nearly 3,700 employment opportunities will be create ... more |
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 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 |
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 Washington (AFP) Feb 28, 2018 
An American legislator has expressed concern over the Trump administration's efforts to sign a nuclear cooperation accord with Saudi Arabia, which is preparing to build its first reactors.
Riyadh plans to announce at the beginning of March who will construct the first two of up to 16 reactors, and negotiations are under way with the United States for its agreement to export technology needed ... more |
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 Providence RI (SPX) Feb 28, 2018 
Brown University researchers have made a key insight into how high-resolution ocean models simulate the dissipation of turbulence in the global ocean. Their research, published in Physical Review Letters, could be helpful in developing new climate models that better capture ocean dynamics.
The study was focused on a form of turbulence known as mesoscale eddies, ocean swirls on the scale of ... more |
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 Leipzig, Germany (AFP) Feb 27, 2018  A top German court on Tuesday ruled that cities can impose diesel driving bans to combat air pollution, a landmark decision that plunges millions of car owners into uncertainty.
The Federal Administrative Court in Leipzig found that local authorities can legally ban older, dirty diesels from certain zones as part of their efforts to improve air quality - a drastic move that could reshape in ... more |
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 Baghdad (AFP) Feb 25, 2018  Iraq is denying relatives of suspected Islamic State group jihadists security clearance to obtain identity cards, in what amounts to a form of "collective punishment", Human Rights Watch said Sunday.
"Iraqi security officers are routinely denying relatives of suspected Islamic State (IS) members the security clearance needed to obtain identity cards and other documents, " HRW said.
"Deny ... more |
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 Geneva (AFP) Feb 28, 2018 
Russian Foreign Minister Sergei Lavrov on Wednesday accused Washington of training Europeans in the use of nuclear weapons, with the aim of using them against his country.
"Nuclear disarmament is hampered by the US non-strategic nuclear weapons in Europe," Lavrov told the UN Conference on Disarmament in Geneva.
Russia's top diplomat took particular issue with "nuclear so-called sharing ... more |
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 Shanghai (AFP) Feb 26, 2018 
Xi Jinping's tightening grip on China had already earned the leader comparisons to Mao Zedong, but they came into even sharper focus after the party paved the way for him to assume the presidency indefinitely.
State media said on Sunday that the ruling Communist Party had proposed abolishing rules limiting leaders to two five-year terms, a guideline imposed in Mao's wake to avoid a repeat of ... more |
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 Abuja (AFP) Feb 26, 2018 
Experts gathered in Nigeria's capital on Monday to discuss ways to stop Africa's Lake Chad from drying up, after years of environmental decline that has hit livelihoods and security.
The two-day conference, organised by the government in Abuja and the Lake Chad Basin Commission, aims to "save the lake from extinction", according to UNESCO, which is backing the talks.
A $6.5-million (5.3 ... more |
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 Washington (UPI) Feb 27, 2018  Alpha-Omega Change Engineering has been awarded a contract for training fighter jet aircrews and courseware development.
The deal, announced Monday by the Department of Defense, is valued at more than $8.4 million under the terms of a firm-fixed-price modification to a previous award contract.
The agreement between the U.S. Air Force and Alpha-Omega Change Engineering calls for t ... more |
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 Washington (AFP) Feb 28, 2018 
The United States on Tuesday upheld tariffs imposed last year on imports of Chinese aluminum foil valued at nearly $400 million a year, angering Beijing which vowed to hit back.
The decision intensified the mounting trade confrontation between Beijing and Washington, which is considering far-reaching duties on Chinese goods in an effort to reduce the US trade deficit.
However, the move w ... more |
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 Washington DC (Sputnik) Mar 01, 2018 
The United States considers Russia the major threat to the country and sees North Korea as the most uncertain danger, commander of US Strategic Command Gen. John Hyten said on Wednesday.
"I think Russia is the most significant threat just because they propose the only existential threat to the country right now," Hyten said. "I think Korea is the most uncertain threat, the most dangerous n ... more |
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 Libreville (AFP) Feb 27, 2018 
Gabon on Tuesday accused Veolia of pollutingthe country as the government and the French company wage an increasingly bitter dispute in public over the cancellation of a contract for water and electricity distribution.
"There is considerable environmental damage at almost all of the sites exploited by SEEG," Communication Minister Alain-Claude Bilie By Nze told journalists, referring to the ... more |
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 L'Aquila, Italy (AFP) Feb 28, 2018  Nearly nine years after a devastating earthquake, L'Aquila is still struggling to emerge from the rubble, but residents of the once stunning city thank Silvio Berlusconi for putting roofs over their heads.
Then-prime minister Berlusconi is now back in politics as the head of a centre-right coalition tipped to win the most votes in a March 4 poll.
While many around Italy are sceptical abo ... more |
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