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Man-made earthquake risk reduced if fracking is 895m from faults![]() Durham UK (SPX) Mar 02, 2018 The risk of man-made earthquakes due to fracking is greatly reduced if high-pressure fluid injection used to crack underground rocks is 895m away from faults in the Earth's crust, according to new research. The recommendation, from the ReFINE (Researching Fracking) consortium, is based on published microseismic data from 109 fracking operations carried out predominantly in the USA. Jointly led by Durham and Newcastle Universities, UK, the research looked at reducing the risk of reactivating ... read more |
Statoil shows its commitment to British offshore explorationWashington (UPI) Mar 1, 2018 Three new wells are planned as part of a multi-million-dollar drilling campaign that includes testing a new oil discovery made in British waters, Statoil said. ... more
Winter Storm Emma strains British gas suppliesWashington (UPI) Mar 1, 2018 Severe weather striking the United Kingdom and parts of Europe means there's a deficit of natural gas on the market, a British utility said Thursday. ... more
Spring gas prices could be the highest in two yearsWashington (UPI) Mar 1, 2018 On average, motorists in the United States may be paying the highest price for gasoline since the summer of 2015, motor club AAA reported Thursday. ... more
OMV sells off its Pakistan upstream unitWashington (UPI) Mar 1, 2018 Austrian energy company OMV said it was leaving the Pakistani exploration and production sector behind with a $191 million divestment. ... 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
Russian oil company Rosneft in the mix for northern IraqWashington (UPI) Feb 28, 2018 The rehabilitation of a pipeline from northern Iraq could be in the cards for global oil companies, Iraq's oil minister said at talks with a Russian company. ... more |
![]() Repsol says last year was a record setter
Crude oil prices bounce back after supply-side jittersWashington (UPI) Feb 28, 2018 Crude oil prices were in relatively stable territory in early Wednesday trading in a waiting game over supply and demand data, ignoring U.S. GDP figures. ... more |
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Seventh oil discovery made offshore GuyanaWashington (UPI) Feb 28, 2018 Production from offshore Guyana to more than a half million barrels per day is supported with the latest oil discovery, the seventh for a partnership. ... more
U.S. shale player EOG Resources outspending its peersWashington (UPI) Feb 28, 2018 U.S. shale player EOG Resources targeted spending for the year at 45 percent higher than 2017, though its production growth forecast was nearly the same. ... 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
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 |
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Digestive ability of ancient insects could boost biofuel development 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 |
World's first solar fuels reactor for night passes test Almeria, Spain (SPX) Feb 27, 2018
International solar thermal energy researchers have successfully tested CONTISOL, a solar reactor that runs on air, able to make any solar fuel like hydrogen and to run day or night - because it uses concentrated solar power (CSP) which can include thermal energy storage.
The promise of solar fuels is that we could have zero carbon fuels like hydrogen without the climate-damaging carbon em ... more |
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Windlab exceeds prospectus forecast; scales up operations Sydney, Australia (SPX) Mar 02, 2018
Windlab Limited has released its annual results for the 2017 year. Windlab delivered a strong financial result for 2017, and in doing so met its prospectus revenue forecast and exceeded its Net Profit Before Tax (NPBT) statutory prospectus forecast.
The Company achieved strong revenue and earnings growth. Revenue for the year grew 36% to $23.3M, excluding equity accounted profits from asso ... more |
US lawmaker concerned over nuclear overtures to Saudi 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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New understanding of ocean turbulence could improve climate models 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 |
German court paves way for diesel driving bans 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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Iraq MPs call for timetable for foreign troop pullout Baghdad (AFP) March 1, 2018
Iraq's parliament called for the government to draw up a timetable for the withdrawal of foreign troops from the country in a resolution passed on Thursday, the speaker's office said.
"The Iraqi parliament expresses its gratitude to all countries which have supported Iraq in its fight against Daesh (the Islamic State group) and calls for the government to draw up a timetable for the withdraw ... more |
US training Europeans to use nukes against Russia: Lavrov 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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China's 'super rich' legislators get richer Beijing (AFP) March 2, 2018
The Chinese Communist Party's annual legislative session will count more than 150 "super rich" members whose total net worth has soared to $650 billion, or double Ireland's annual GDP, a report showed Friday.
From internet tycoons to real estate barons and auto industry leaders, some of the wealthiest people in the world's second-largest economy will grace the corridors of the Great Hall of ... more |
Malian families accuse army of killing 7 civilians Bamako (AFP) Feb 28, 2018 Families on Wednesday accused Mali's military of killing seven civilians during an operation in the centre of the country a week earlier, as the government opened an enquiry into the deaths.
In a separate incident in the same region, six Malian soldiers were killed on Tuesday when their vehicle struck a mine, the army said on Wednesday, and a forest ranger was gunned down in a third incident ... more |
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Trump, Boeing finalize cheaper deal for new Air Force One Washington (UPI) Feb 27, 2018 President Donald Trump and Boeing have finalized an informal deal for two new Air Force One aircraft valued at $3.9 billion, the White House and Boeing said Tuesday.
The deal is about $1.4 billion less than original estimates, which will cover two planes and all related upgrades specific to Air Force One.
Trump held a meeting with Boeing officials last week to finalize the deal, ... more |
US, China clash on tariffs on Chinese aluminum foil Washington (AFP) Feb 28, 2018 |
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US planning military parade around November 11 Washington (AFP) March 2, 2018
The Pentagon is planning a military parade for around November 11 - the anniversary of the end of World War One - following President Donald Trump's request for a show of force, the Department of Defense said Thursday.
"We are looking towards November 11th, around Veterans Day," spokesperson Dana White said.
White added the parade could be "in conjunction with the World War I centennia ... more |
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Gabon accuses France's Veolia of pollution 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 |
For the love of gun: US couples take weapons to church Newfoundland, United States (AFP) Feb 28, 2018
Dozens of US couples donned crowns and cradled guns at a controversial ceremony in a Pennsylvania church on Wednesday, forcing a nearby school to close and angering protesters.
The incongruous event in Newfoundland, part of rural Pennsylvania that voted 68 percent for President Donald Trump in 2016, underscored the gulf between those who fiercely defend the US constitutional right to bear ar ... more |
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