Oil News and Gas News
March 19, 2018
OIL AND GAS
FERC proposal on income tax questioned by pipeline companies



Washington (UPI) Mar 16, 2018
Pipeline company Enbridge Energy Partners said Friday it wants a rehearing after U.S. regulators revised how pipeline firms figure income tax allowances. The Federal Energy Regulatory Commission ruled Thursday against certain tax allowances for master limited partnerships. FERC in its ruling said some entities "may be collecting unjust and unreasonable rates" in light of the recent reduction in the corporate income tax outline in the federal tax overhaul. In a statement, Enbridge Energy ... read more

OIL AND GAS
U.S. offshore ambitions reckless, sustainable investors say
Washington (UPI) Mar 16, 2018
U.S. efforts to tap oil and natural gas reserves offshore are reckless and out of step with efforts to address climate change, sustainable investors said. ... more
OIL AND GAS
Oil prices barely in the black in Friday trading
Washington (UPI) Mar 16, 2018
Crude oil prices were barely holding in positive territory early in the Friday session in anticipation of data on the exploration and production sector. ... more
OIL AND GAS
Shell slims down with New Zealand gas field sales
Washington (UPI) Mar 16, 2018
The sale of New Zealand acreage with hundreds of barrels of recoverable reserves is part of a long-term strategy to slim down, Royal Dutch Shell said. ... more
OIL AND GAS
U.S. pipeline group wants relief from steel tariffs
Washington (UPI) Mar 16, 2018
The U.S. Commerce Department has been called on to extend relief to parts of the U.S. steel sector to ensure energy pipelines are affordable, a trade group said. ... more


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OIL AND GAS
Turkish Cypriots vow to stand firm in island gas dispute
Nicosia (AFP) March 17, 2018
After a standoff in the Mediterranean that saw Turkish warships force back an Italian rig, Turkish Cypriot authorities insist no resources can be tapped around the divided island unless they are on-board. ... more
OIL AND GAS
More oil coming from OPEC-member Angola
Washington (UPI) Mar 16, 2018
Production has started in an area that revealed more than 3 billion barrels of oil in place off the coast of Angola, Italian energy company Eni said. ... more
OIL AND GAS
Shell, ENI accused of negligence over Nigeria oil spills
Lagos (AFP) March 16, 2018
Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. ... more
OIL AND GAS
Saudi Arabia turns to nuclear power to curb oil addiction
Dubai (AFP) March 14, 2018
Saudi Arabia is fast-tracking an atomic energy programme to reduce its dependence on oil, but concerns over nuclear proliferation in the Middle East could put a damper on its ambitious plans. ... more
OIL AND GAS
Shell pledges to do its part on energy transition
Washington (UPI) Mar 15, 2018
Royal Dutch Shell is committed to playing a leadership role in the transition to a low-carbon global energy sector, the company said Thursday. ... more
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OIL AND GAS
US Navy sees better Iranian behaviour in Gulf
Manama (AFP) March 15, 2018
The Iranian military's behaviour in the Gulf has changed "across the board" in recent months, the US Navy said on Thursday, after years of tensions in the busy waterway. ... more
OIL AND GAS
Oil prices up on deflated consumer fuels, but demand may start dwindling
Washington (UPI) Mar 15, 2018
Crude oil prices moved higher early in the Thursday session on signs of steady consumer demand, but long-term transitions in energy could throttle momentum. ... more
OIL AND GAS
Norway's DNO sets sights on Kurdish oil leadership
Washington (UPI) Mar 15, 2018
Norwegian energy company DNO set the bar high Wednesday for its operations in the Kurdish north of Iraq by committing to beat all of its rivals combined. ... more
OIL AND GAS
US should maintain support to Saudis in Yemen: Mattis
Aboard A Us Military Aircraft (AFP) March 16, 2018
Defense Secretary Jim Mattis has asked the US Congress not to interfere with America's role in the war in Yemen, where it is supporting Saudi-led coalition military operations. ... more
OIL AND GAS
Link to more U.S. LNG exports established
Washington (UPI) Mar 15, 2018
Improvements to a pipeline system in southern Louisiana will help with U.S. efforts to get liquefied natural gas to the market, TransCanada said. ... more


Statoil wants to change its name to reflect changing times

OIL AND GAS
Libya navy seizes oil tanker suspected of smuggling
Tripoli (AFP) March 15, 2018
Libya's navy has seized an oil tanker suspected of illegally loading fuel and arrested its Greek crew, a navy spokesman said Thursday. ... more
OILGASDAILY



OIL AND GAS
Zinke criticized for Wild-West mentality over oil and gas
Washington (UPI) Mar 14, 2018
U.S. Interior Secretary Ryan Zinke, in his defense of a strategy of energy dominance, is out of step with the will of the people, his critics said. ... more
OIL AND GAS
Tillerson ouster bullish for oil, analysts say
Washington (UPI) Mar 14, 2018
The departure of Rex Tillerson as the top U.S. diplomat could end the Iranian nuclear deal and send oil prices sharply higher as a result, analysis finds. ... more
OIL AND GAS
Oil prices start Wednesday in the black, but look to falter
Washington (UPI) Mar 14, 2018
Oil prices were in positive territory in early Wednesday trading on the back of signs of diminished supplies, though economic concerns could spoil the rally. ... more
OIL AND GAS
Oil development costs lower, but volume is still a question
Washington (UPI) Mar 14, 2018
The Lower 48 isn't the only area where development costs are moving lower, but the mentality of the industry may be changing on production, analysis found. ... more
OIL AND GAS
Alaska timeline for LNG project 'establishes clarity' for investors
Washington (UPI) Mar 14, 2018
With a timeline for a gas delivery point in Alaska established, Gov. Bill Walker said a hurdle for investments in the project has been cleared. ... more
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Manure could heat your home
Waterloo, Canada (SPX) Mar 12, 2018
Farm manure could be a viable source of renewable energy to help reduce greenhouse gas emissions that cause global warming. Researchers at the University of Waterloo are developing technology to produce renewable natural gas from manure so it can be added to the existing energy supply system for heating homes and powering industries. That would eliminate particularly harmful gases released ... more
+ Startup scales up CNT membranes to make carbon-zero fuels for less than fossil fuels
+ 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
Seminole Financial Services Surpasses Three-Quarters of a Gigawatt in Renewable Energy Financing
Belleair Bluffs FL (SPX) Mar 16, 2018
Seminole Financial Services ("SFS"), a leading finance provider in the renewable energy space, is celebrating over $1.48 billion in financing of solar and wind installations throughout the United States, equaling more than 770 megawatts (MW) in installed capacity. Expanding its "One-Stop Shop" capabilities to better serve the needs of its customers, SFS is now also an approved lender under ... more
+ India inaugurates mega solar project
+ Macron pledges 700 million euros for new solar projects
+ Researchers sew atomic lattices seamlessly together
+ Fronius supplies inverters for solar project in Vietnam
+ 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


BP sees onshore wind as the cheapest future source of electricity
Washington (UPI) Mar 15, 2018
In a report on energy efficiency trends, British energy company BP said onshore wind could become the most economical source of electricity within 30 years. A technology outlook for 2018 by the British supermajor finds coal is currently the largest source of global energy generation. There's enough on hand, the report read, to keep the grid satiated for more than a century based on curr ... more
+ German green energy segment Innogy divvied up
+ Wind industry continues commitment to communities with new research report
+ First UK wind farm transfers from commercial to community ownership
+ 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
Framatome upgraded Borssele nuclear power plant's digital instrumentation and control system
Paris, France (SPX) Mar 16, 2018
Framatome has performed a comprehensive modernization of the instrumentation and control (I&C) technology of the Borssele Dutch nuclear power plant, operated by EPZ (Elektriciteits-Productiemaatschappij Zuid-Nederland). The project started in 2014 and included the installation of a new reactor control and limitation system to monitor the operation of the plant and interfere in case of any deviat ... more
+ Areva settles nuclear dispute with Finland's TVO
+ Taiwanese protesters rally for 'nuclear-free homeland'
+ Canada to boost nuclear power to help meet climate target
+ Framatome confirms serviceability of Le Creusot steam generators
+ Framatome creates alliance to provide nuclear Equipment Qualification services in the UK
+ Police tear gas anti-nuclear protesters in France
+ Framatome completes purchase of Schneider Electric's instrumentation and control nuclear business
Daily Newsletters - Space - Military - Environment - Energy

Dead tress across Mongolian lava field offer clues to past droughts
Tucson AZ (SPX) Mar 19, 2018
The extreme wet and dry periods Mongolia has experienced in the late 20th and early 21st centuries are rare but not unprecedented and future droughts may be no worse, according to an international research team that includes a University of Arizona scientist. The research team developed a climate record stretching 2,060 years into Mongolia's past by using the natural archive of weather con ... more
+ Cilmatologists render drought predictions that help avert famine
+ Warming could threaten half of species in 33 key areas: report
+ Climate protest prompts partial evacuation at Louvre
+ Desertification and monsoon climate change linked to shifts in ice volume and sea level
+ 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
VW boss 'convinced of diesel renaissance'
Frankfurt Am Main (AFP) March 13, 2018
The chief executive of the world's largest carmaker Volkswagen said Tuesday he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale. "I don't only hope that diesel won't be talked to death, I am convinced that diesel is experiencing a renaissance," Matthias Mueller told journalists in Berlin. While the automa ... more
+ China's bike-share app Ofo raises $850 mn to expand overseas
+ VWs using more diesel, failing pollution tests after recalls: study
+ Japan car giants team up to build hydrogen stations
+ 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


US military aircraft crashes in west Iraq: coalition
Washington (AFP) March 15, 2018
A US military aircraft has crashed in western Iraq with American personnel aboard, the international coalition against the Islamic State jihadist group said on Thursday. "Rescue teams are responding to the scene of the downed aircraft at this time," the US-led coalition said in a statement. It did not specify the type of aircraft, whether or not there were casualties, or what caused the ... more
+ Iran 'mucking around' in Iraq elections: Mattis
+ 25 killed in IS attacks in northern Iraq: officials
+ Iraq PM security detail commander killed in armed clash
+ Iraq's Sadr and communist sickle join forces for election
+ Iraqi women 'reclaim their rights' with Mosul marathon
+ Friar trains Iraqis to preserve 'treasures' rescued from IS
+ Red Cross warns Iraq of resentment over IS detainees
Iran rejects any change to nuclear deal; US seeking 'supplemental' deal
Tehran (AFP) March 17, 2018
Iran will not accept any changes to the nuclear deal, a senior official insisted Saturday, after the United States said it was seeking a "supplemental" accord with European powers. "We will not accept any changes, any interpretation or new measure aimed at limiting" the 2015 deal between Iran and major powers, said Ali Shamkhani in remarks carried by ISNA news agency. Shamkhani, secreta ... more
+ Iran says Tillerson firing shows US 'determined' to quit nuclear deal
+ S. Korea, US to scale down military drills: report
+ Top officials scramble to make Trump-Kim summit a reality
+ European Parliament in 'secret' talks with N. Korea
+ S. Korea, US to scale down military drills: report
+ US diplomacy in disarray as Trump-Kim summit looms
+ Saudi warns it will pursue nuclear weapons if Iran does
Daily Newsletters - Space - Military - Environment - Energy

China widens Xi's corruption crackdown
Beijing (AFP) March 18, 2018
Millions of Chinese public sector workers will be exposed to the harsh policing tactics of the Communist Party as President Xi Jinping brings his corruption crackdown to China's sprawling bureaucracy. The campaign to clean up the party's pervasive corruption has arguably been Xi's most popular initiative, pressuring its 89 million members to toe the line - with more than 1.5 million officia ... more
+ Xi gets second term with powerful ally as VP
+ China dragoons viewers to make pro-Xi film a blockbuster
+ Hong Kong mulls three years' jail for anthem disrespect
+ China slams UK warnings about Hong Kong liberties
+ Hong Kong's richest man Li Ka-shing to retire
+ In China, an eye-roll goes viral, censors put a lid on it
+ US-backed culture centres under pressure in China
Two soldiers killed in Nigeria communal violence: army
Kano, Nigeria (AFP) March 15, 2018
At least two soldiers were killed Wednesday in renewed violence between herders and farmers in central Nigeria's Plateau state days after similar violence killed 25 in unrest linked to land, water and grazing rights. Troops were deployed to contain the fresh clashes between Fulani herders and farmers from Irigwe ethnic group in Bassa district, a military spokesman told reporters, as bloodshe ... more
+ Killing of civilians by Ethiopia troops no accident: residents
+ 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
+ Veolia seeks World Bank ruling in Gabon contract dispute
+ Four Mali troops killed by landmine: military sources


The view from inside supersonic combustion
Washington DC (SPX) Mar 16, 2018
In a jet engine, the flow of air is slowed down to increase the temperature and pressure for combustion - burning fuel with the right ratio of fuel and air to conquer drag allows for acceleration. But in supersonic engines achieving the right flow speed, producing the right ratio of evaporated fuel and causing ignition at the right time is more complex. With evaporating liquid in a combust ... more
+ Senegal helicopter crash toll rises to 8
+ Leonardo to build 28 helicopters for Qatari military
+ Lockheed awarded $1.5B contract for work on F-35 air systems
+ Army taps Airbus for 35 UH-72A Lakota helicopters
+ Evading in-flight lightning strikes
+ BAE Systems inks Saudi deal for 48 Typhoon jets
+ F-35Bs get first operational deployment with Marine Expeditionary Unit
China's industrial output posts strong start to 2018
Beijing (AFP) March 14, 2018
China's industrial output strengthened in the first two months of the year, official data showed Wednesday, led by production at state enterprises. Output at factories and workshops expanded 7.2 percent year-on-year in January and February combined, the National Bureau of Statistics (NBS) said, beating the 6.2 percent recorded in December and the 6.2 percent forecast in a Bloomberg News surv ... more
+ China rejects Canadian accusation of steel dumping
+ US proposes WTO reforms likely targeting China
+ IMF chief warns 'no winners' in trade wars
+ US-educated reformist takes over China's central bank
+ EU readies tax on US tech titans
+ China to merge banking, insurance regulators in massive overhaul
+ US orders compliance overhaul at Industrial and Commercial Bank of China
Daily Newsletters - Space - Military - Environment - Energy

China promotes foreign minister, names new defence chief
Beijing (AFP) March 19, 2018
China on Monday elevated the status of its current foreign minister and selected a new defence minister as the country deals with rocky relations with the United States and expands its military. The rubber-stamp National People's Congress endorsed the appointment of Foreign Minister Wang Yi, 64, as state councillor, making him a ranking member of the country's "cabinet". He replaces Yang ... more
+ Putin cruises to landslide election win
+ Xi applauds Putin re-election, hails 'best level' ties
+ NATO urges Russia to answer UK questions on spy poisoning
+ Pentagon chief Mattis: voice of moderation in Trump's cabinet
+ NATO chief says spy attack must have 'consequences'
+ Trump says top diplomat Tillerson out, names Pompeo successor
+ UK, allies point finger at Russia in ex-spy poisoning


Large-scale climatic warming could increase persistent haze in Beijing
Beijing, China (SPX) Mar 19, 2018
Over the past decades, Beijing, the capital city of China, has encountered increasingly frequent persistent haze events (PHEs). Severe PHEs not only lead to a sharp decrease in visibility, causing traffic hazards and disruptions, and, hence, affecting economic activities, but also induce serious health problems such as respiratory illnesses and heart disease. While the increased pollutant ... more
+ Tempers flare as missteps mar Paris push to go green
+ Researchers turn plastic pollution into cleaners
+ Mat of woven proteins can soak up pollution
+ Tonnes of garbage cleaned up from Galapagos coast
+ Removing heavy metals from water
+ China 'winning' war on smog, helping life expectancy: study
+ Lead poisoning may hasten death for millions in US: study
Natural disasters can decimate insect, invertebrate populations
Washington (UPI) Mar 15, 2018
Much attention is paid to the impact of natural disasters on land and humans. Some attention is paid to larger animals. But what about the smallest creatures, insects and other invertebrates? New research suggests natural disasters can have a significant impact on the abundance and diversity of small species. When researchers surveyed insects and invertebrate populations nine mon ... more
+ Australian, Cambodian trainers die in demining accident
+ ASEAN leaders tackle Rohingya crisis and urge South China Sea calm
+ Court orders Japan government to pay new Fukushima damages
+ White House to help arm school staff: officials
+ Rise of violent Buddhist rhetoric in Asia defies stereotypes
+ 'Citizen scientists' track radiation seven years after Fukushima
+ Weather satellites aid search and rescue capabilities
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