Oil News and Gas News
March 11, 2018
OIL AND GAS
Report identifies options for lowering risk of failure of undersea bolts on offshore oil rigs



Washington DC (SPX) Mar 12, 2018
A new report from the National Academies of Sciences, Engineering, and Medicine identifies strategies for improving the reliability of bolts used in offshore oil and gas drilling rigs, thereby reducing the risk that a bolt failure could cause a spill of oil, drilling fluids, or natural gas into the environment. Although the oil and gas industry has made important advances in improving the reliability of bolts, there are multiple opportunities for the industry and the U.S. Department of the Interio ... read more

OIL AND GAS
Oil, stock prices move up after good jobs report
Washington (UPI) Mar 9, 2018
Oil futures and the U.S. stock market moved up Friday after a strong job growth report and continuing diminished fears of a trade war because certain countries were exempted by President Donald Trump. ... more
OIL AND GAS
Nine members of Venezuela's army jailed on treason charges
Caracas (AFP) March 10, 2018
A Venezuelan military court on Saturday ordered seven army officers and two sergeants to be jailed on charges of treason and "instigating a rebellion" against President Nicolas Maduro. ... more
OIL AND GAS
Trump offshore oil plan threatens millions of jobs: report
Washington (AFP) March 7, 2018
President Donald Trump's plans to allow offshore oil drilling along virtually the entire US coastline threaten millions of jobs and billions in economic output, according to a report published Wednesday. ... more
OIL AND GAS
Oil prices decline, stock market rises as trade war fears subside
Washington (UPI) Mar 8, 2018
U.S. crude oil prices were trading lower Thursday and stock index prices moved higher as possible tariff exemptions in Canada and Mexico eased trade war fears. ... more


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OIL AND GAS
EU urges Germany to introduce air pollution toll
Frankfurt Am Main (AFP) March 7, 2018
German cities should fight air pollution by charging drivers tolls according to their vehicle's emissions, rather than slapping general bans on older models, European Transport Commissioner Violeta Bulc said Wednesday. ... more
OIL AND GAS
Gas prices rise nationwide after three weeks of decreases
Washington (UPI) Mar 6, 2018
Gasoline prices climbed last week in the United States after three weeks of decreases at the pump, according to an analysis. ... more
OIL AND GAS
Oil prices stable as U.S. production stands at all-time high
Washington (UPI) Mar 6, 2018
U.S. crude oil prices were stable Tuesday as production in the nation is at an all-time high. ... more
OIL AND GAS
Stocks, oil prices lower on tariff hike jitters
Washington (UPI) Mar 5, 2018
Stocks and crude oil prices opened lower Monday on fears of U.S. steel and aluminum tariffs proposed by President Donald Trump. ... more
OIL AND GAS
Turkey court rejects appeal to free Greek soldiers: report
Ankara, Turkey (AFP) March 5, 2018
A Turkish court on Monday rejected a request for the release of two Greek soldiers arrested last week for illegally entering the country, local media reported. ... more
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OIL AND GAS
PNG quake leaves 67 dead as aftershocks rock homes
Sydney (AFP) March 5, 2018
At least 67 people were killed by an earthquake that devastated Papua New Guinea's remote highlands last week, the Red Cross said Monday, with thousands more homeless and without food and clean water. ... more
OIL AND GAS
Canadian songbirds change calls to adapt to oil and gas drilling noise
Washington (UPI) Mar 5, 2018
Songbirds native to Canada's prairies are still in communication with one another despite the interference of oil and gas drilling sounds, new research shows. ... more
OIL AND GAS
Trump tariffs out of alignment with energy dominance quest
Washington (UPI) Mar 2, 2018
Tariffs on steel and aluminum announced by U.S. President Donald Trump brought concerns from the very energy sector he's trying to support. ... more
OIL AND GAS
Oil prices follow stock indices lower after U.S. tariff move
Washington (UPI) Mar 2, 2018
Crude oil prices lost ground in early Friday trading, following equities markets lower in response to a U.S. call for aluminum and steel tariffs. ... more
OIL AND GAS
Economic transition period for oil revenue is over, Norway says
Washington (UPI) Mar 2, 2018
The target rate of inflation in the Norwegian economy was lowered because a transition period of phasing in oil revenues is over, the government announced. ... more


Total snaps up Marathon's assets in Libya

OIL AND GAS
Sanctions still under consideration for Venezuela, U.S. says
Washington (UPI) Mar 2, 2018
All options are on the table, including sanctions, when considering tools to coerce Venezuela into following constitutional lines, the U.S. government said. ... more
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OIL AND GAS
Turkey arrests two Greek soldiers 'on espionage charges'
Ankara (AFP) March 2, 2018
A Turkish court on Friday placed two Greek soldiers under arrest on espionage charges after they illegally crossed into Turkey, state media reported, in a move that risks a new flaring of tensions between Ankara and Athens. ... more
OIL AND GAS
British energy demand strains from winter Storm Emma wane
Washington (UPI) Mar 2, 2018
Demand strains from winter Storm Emma, which caused widespread problems across much of Europe, have eased somewhat, a British utility said Friday. ... more
OIL AND GAS
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 r ... more
OIL AND GAS
New funding surfaces for offshore Gambia
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. ... more
OIL AND GAS
Statoil shows its commitment to British offshore exploration
Washington (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
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Startup scales up CNT membranes to make carbon-zero fuels for less than fossil fuels
New York NY (SPX) Mar 12, 2018
Mattershift, an NYC-based startup with alumni from MIT and Yale has achieved a breakthrough in making carbon nanotube (CNT) membranes at large scale. The startup is developing the technology's ability to combine and separate individual molecules to make gasoline, diesel, and jet fuel from CO2 removed from the air. Tests confirming that Mattershift's large-scale CNT membranes match the char ... more
+ Manure could heat your home
+ Malaysia to press EU on planned palm oil ban in biofuels
+ Digestive ability of ancient insects could boost biofuel development
+ New tool tells bioengineers when to build microbial teams
+ Pausing evolution makes bioproduction of chemicals affordable and efficient
+ How biofuels from plant fibers could combat global warming
+ Evolution plays many tricks against large-scale bioproduction
Avaada Power inks pact to develop 500MW solar capacities in Andhra Pradesh
Mumbai, India (SPX) Mar 06, 2018
Avaada Power Pvt. Ltd, India's leading clean energy company, close on the heels of its recent announcement, has partnered with the Government of Andhra Pradesh to develop 500 MW utility-scale solar projects. Reinforcing its commitment towards bringing sustainable energy to India, Avaada plans to invest INR 3,500 crores in the state. This investment will generate enough clean energy to sust ... more
+ New dual-atom catalyst shows promise to yield clean energy by artificial photosynthesis
+ Solar-to-hydrogen conversion: Nanostructuring increases efficiency of metal-free photocatalysts by factor 11
+ Materials 'sandwich' breaks barrier for solar cell efficiency
+ Solar and wind power could meet four-fifths of US electricity demand
+ Aqueous storage device needs only 20 seconds to go
+ Avaada Power commits bllion to Uttar Pradesh solar projects
+ New clean energy targets put South Australia on the world map


First UK wind farm transfers from commercial to community ownership
Bristol UK (SPX) Mar 06, 2018
Over 400 individuals raise an impressive 2.8m pounds in just two weeks to refinance the Mean Moor community wind farm in Cumbria. It's thought to be the first wind farm in the country to be transferred to community ownership from a commercial developer. Thanks to support from Energy4All, and financing from ethical investment company, Thrive Renewables, three renewable Energy Co-operatives ... more
+ A huge component of German wind farm has left shore
+ Windlab exceeds prospectus forecast; scales up operations
+ World's first floating wind farm put to the test
+ 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
Framatome creates alliance to provide nuclear Equipment Qualification services in the UK
Paris, France (SPX) Mar 06, 2018
Framatome, Bureau Veritas and Doosan Babcock signed an Agreement creating EQUALLE, an alliance targeted at supporting the challenge of nuclear Equipment Qualification for the benefit of new build projects and in-service reactors in the United Kingdom. The qualification of nuclear safety equipment ensures its operability in normal and accidental conditions in compliance with the safety case. ... more
+ Police tear gas anti-nuclear protesters in France
+ Framatome completes purchase of Schneider Electric's instrumentation and control nuclear business
+ Greenpeace protesters jailed for French nuclear stunt
+ US lawmaker concerned over nuclear overtures to Saudi
+ Austria sues over EU approval of Hungary nuclear plant
+ Researchers run first tests of unique system for welding highly irradiated metal alloys
+ Toshiba tips return to black as it sells chip, nuclear units
Daily Newsletters - Space - Military - Environment - Energy

Desertification and monsoon climate change linked to shifts in ice volume and sea level
Uppsala, Sweden (SPX) Mar 08, 2018
The East Asian summer monsoon and desertification in Eurasia is driven by fluctuating Northern Hemisphere ice volume and global sea level during the Ice Age, as shown in a study published in Nature Communications. Today, two thirds of the world's population is dependent on agriculture sustained by rains of the East Asian summer monsoon, and future climate change in this region can therefore have ... more
+ Models show global warming could be limited to 1.5 degrees Celsius
+ Trump hopefully will change his mind about climate: Bloomberg
+ Health savings outweigh costs of limiting global warming: study
+ New understanding of ocean turbulence could improve climate models
+ Hidden 'rock moisture' could be key to understanding forest response to drought
+ Life under extreme drought conditions
+ Extinct lakes of the American desert west
Japan car giants team up to build hydrogen stations
Tokyo (AFP) March 5, 2018
Top Japanese carmakers said on Monday they were teaming up to nearly double the amount of hydrogen stations in Japan, as the car-mad country seeks to head off competition from China and Germany. Toyota, Nissan and Honda formed a joint venture with major gas and energy companies, including French industrial gases company Air Liquide, to build 80 new hydrogen stations in the next four years, t ... more
+ Profits, doubts in equal measure at Geneva Motor Show
+ Big switch: Electric cars put China on automobile map
+ Infineon, SAIC set up electric car joint venture in China
+ German court paves way for diesel driving bans
+ Car-mad Germany anxious as court to rule on diesel bans
+ Rome to ban diesel cars from 2024: mayor
+ Germany cleared for greener public transit


Iraqi women 'reclaim their rights' with Mosul marathon
Mosul, Iraq (AFP) March 8, 2018
Nearly 300 women ran through the streets of Iraq's Mosul on Thursday, in a demonstration of their freedoms eight months after the city was retaken from the Islamic State group. Mosul's first ever women's marathon was held to coincide with International Women's Day. The 900-metre run was not the length of a full marathon, but organiser Fatima Khalaf said it marked a real change for women ... more
+ Friar trains Iraqis to preserve 'treasures' rescued from IS
+ Red Cross warns Iraq of resentment over IS detainees
+ In Mosul, hundreds fear arrest for sharing names with jihadists
+ Iraq orders seizure of assets of Saddam-era officials
+ Iraq force that helped beat IS turns to reconstruction
+ NATO chief says alliance troops staying in Iraq
+ Iraq MPs call for timetable for foreign troop pullout
Trump sees 'tremendous success' in upcoming N. Korea talks
Washington (AFP) March 10, 2018
President Donald Trump predicted "tremendous success" Saturday in upcoming groundbreaking talks with North Korean leader Kim Jong Un, adding that the reclusive state had promised not to shoot missiles in the interim. The comments came after the American leader said he has received encouragement from the leaders of China and Japan as he moves toward the high stakes summit, announced suddenly ... more
+ S. Korea to probe plans for military crackdown on protests
+ China urges US, N.Korea to hold talks 'sooner than later'
+ US, China agree to keep pressure on North Korea
+ Seoul envoys leave for US with Pyongyang talks offer
+ Trump meeting is a win for North Korea's Kim: analysts
+ Trump and Kim to hold historic meeting
+ Rational yet unpredictable: North Korea's Kim an enigma for US
Daily Newsletters - Space - Military - Environment - Energy

With little suspense, Xi to secure lifetime presidency
Beijing (AFP) March 10, 2018
China's rubber-stamp parliament is set Sunday to hand President Xi Jinping free rein to rule the rising Asian superpower indefinitely, with potential abstentions offering the only suspense in the historic vote. The National People's Congress is all but certain to approve a constitutional amendment that has stunned many in China, sparking an unusual bout of criticism that censors have scrambl ... more
+ China rejects Sweden's 'groundless' accusations over detained publisher
+ Spoiler alert: Xi unlikely to lose term limit vote
+ China's parliament puts Xi on course to rule for life
+ Xi: From graft-fighting governor to president for life
+ Scuffles in Hong Kong at key vote for democrats
+ Hong Kong goes to polls in crunch vote for democrats
+ China anti-graft drive sees 100 top officials tried in five years
Veolia seeks World Bank ruling in Gabon contract dispute
Paris (AFP) March 9, 2018
French water and waste giant Veolia is to seek World Bank arbitration in a bitter dispute after Gabon cancelled its contract, the group said Friday, as Libreville has accused the firm of polluting the country. The decision to seek international mediation was taken by Veolia's Gabon-based SEEG unit, which has provided water and electricity distribution services in this small central African c ... more
+ Four Mali troops killed by landmine: military sources
+ 18 workers abducted in DR Congo wildlife park
+ Food abundance driving conflict in Africa, not food scarcity
+ Ethiopia: Ancient land beset by long-running divisions
+ Tillerson heads to Africa, with China in his sights
+ IS video of Niger attack highlights US troops' vulnerability
+ Soldier killed in Senegal's troubled Casamance region


F-35Bs get first operational deployment with Marine Expeditionary Unit
Washington (UPI) Mar 7, 2018
The U.S. military sent F-35B Lightning II aircraft this week to the East China Sea for the fighter's first operational deployment with a Marine Expeditionary Unit. A detachment of the aircraft deployed with the 31st Marine Expeditionary Unit landed Monday on the USS Wasp, an amphibious assault ship, according to the U.S. Marines. The expeditionary unit will patrol the Indo-Pacific regio ... more
+ MH370 hunt likely to end mid-June: official
+ Air Force awards contract for jet fighter training programs
+ Lockheed awarded $155M on two contracts for F-35 work
+ Boeing receives $73.2M to service F/A-18 jets
+ Trump, Boeing finalize cheaper deal for new Air Force One
+ Lockheed awarded $158M for support of U.S., foreign F-35 programs
+ France to block Chinese group taking control of Toulouse airport
China can be more 'courageous' in opening: central banker
Beijing (AFP) March 9, 2018
China's chief central banker said on Friday the country could be more "courageous" in opening its markets, as European and American firms push for greater access to the world's second largest economy. "Now that we have entered a new stage, we can be more courageous in opening our market to the outside world," said Zhou Xiaochuan, governor of the People's Bank of China, during a news conferen ... more
+ Embattled White House promises quick tariff decision
+ Trump tariffs chip away at world's free trade credo
+ For Trump's numbers, close enough is frequently good enough
+ China says ready for trade war as Trump tariffs loom
+ Iran signs deal with China to connect key port to rail network
+ Allies, rivals alike hit out at Trump trade tariffs
+ EU's Brexit trade guidelines: key points
Daily Newsletters - Space - Military - Environment - Energy

Putin's sabre-rattling raises tensions with West ahead of vote
Moscow (AFP) March 11, 2018
Vladimir Putin's pre-election nuclear sabre-rattling has raised the stakes in Moscow's confrontation with the West on the eve of his fourth Kremlin term. The 65-year-old former KGB officer is all but guaranteed to extend his rule until 2024 in a presidential election on March 18 that follows an anaemic campaign punctuated by international scandal. Since taking power 18 years ago, Putin h ... more
+ Putin: villain abroad, hero at home
+ Xi's life mandate seals march of the strongmen
+ Military vehicles to roll through Washington in parade
+ Modi, Macron sign key security deal with an eye on China
+ UK deploys military in Russia spy attack probe
+ US agencies need to join efforts against Russia: general
+ China not trying to 'replace America': foreign minister


Waste waters: Plastic rubbish chokes Bali's sea
Nusa Penida, Indonesia (AFP) March 8, 2018
Millions of tourists are drawn to Bali's palm-fringed scenery and rich marine life, but there is a danger lurking beneath its famously crystal-clear waters: a wasteland of plastic rubbish. An underwater video shot by British diver Rich Horner this week showing a sea overflowing with plastic and other garbage at Manta Point, a well-known diving site near Bali's main island, has highlighted tr ... more
+ Dirty diesel's NO2 killed 6,000 Germans in 2014: official report
+ Krill could prove secret weapon in ocean plastics battle
+ Indonesia scrubbing the 'world's dirtiest river'
+ Vietnam suspends steel firms after pollution protests
+ Gabon accuses France's Veolia of pollution
+ UK, EU spar over who will be greenest after Brexit
+ German nights get brighter - but not everywhere
'Citizen scientists' track radiation seven years after Fukushima
Koriyama, Japan (AFP) March 11, 2018
Beneath the elegant curves of the roof on the Seirinji Buddhist temple in Japan's Fukushima region hangs an unlikely adornment: a Geiger counter collecting real-time radiation readings. The machine is sending data to Safecast, an NGO born after the March 2011 Fukushima nuclear disaster that says it has now built the world's largest radiation dataset, thanks to the efforts of citizen scientis ... more
+ Weather satellites aid search and rescue capabilities
+ Over 250 migrants rescued off Libya coast: navy
+ Belgium distributes iodine pills in case of nuclear accident
+ At the UN, a diplomatic dance decides the fate of nations
+ New evidence of nuclear fuel releases found at Fukushima
+ Venezuela's woes spread to zoos as animals feed on each other
+ Mobile phones help transform disaster relief
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