Oil News and Gas News
March 26, 2018
OIL AND GAS
U.S. balances LNG for China against new tariffs



Washington (UPI) Mar 26, 2018
Even while hitting China with new tariffs, the U.S. commerce secretary said it would be "logical" for the second-largest economy to import more U.S. gas. President Donald Trump on Thursday signed a presidential order that imposed new tariffs on imported Chinese products as a means to protect against what he said was "economic aggression" by Beijing. The tariffs, which could be worth about $60 billion, are the result of a Section 301 trade investigation launched last summer. The inquiry f ... read more

OIL AND GAS
Geopolitical risk drives oil prices higher
Washington (UPI) Mar 26, 2018
Geopolitical risk emerged Friday to drive oil prices higher for another day as the U.S. president named a hawkish John Bolton as his national security advisor. ... more
OIL AND GAS
PetroChina triples its net profit, hands out big dividend
Shanghai (AFP) March 26, 2018
China's biggest oil producer PetroChina tripled its profit in 2017, rebounding on firmer crude prices, the company said, but its shares fell Friday as markets tumbled amid US-China trade tensions. ... more
OIL AND GAS
Norway's Statoil highlights green agenda
Washington (UPI) Mar 26, 2018
The winners in the global energy sector will be the companies that embrace both low-carbon and low-cost opportunities, Norwegian major Statoil said. ... more
OIL AND GAS
Venezuela defends currency targeted by U.S. sanctions
Washington (UPI) Mar 26, 2018
The state-owned oil company in Venezuela said Friday it welcomed a move by the president to support a currency targeted by U.S. sanctions. ... more


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OIL AND GAS
U.S. energy policy is containing Russia, energy secretary says
Washington (UPI) Mar 26, 2018
Moving U.S. energy supplies into Eastern Europe is one of the more powerful ways to contain Russian influence, the U.S. energy secretary said. ... more
OIL AND GAS
US air strike in Libya kills two jihadist 'leaders': government
Tripoli (AFP) March 24, 2018
A US air strike hit a house in southern Libya on Saturday where jihadist "leaders" were meeting, killing two of them, the spokesman of the Libyan prime minister said. ... more
OIL AND GAS
Asian interest in Iraqi oil sector grows with Shell exit
Washington (UPI) Mar 26, 2018
A decision by Royal Dutch Shell to boost its divestment strategy by leaving one of the larger oil fields in Iraq is a sign of investment risk, an analyst said. ... more
OIL AND GAS
Aussie cowboys join Sydney rally against coal and gas mining
Sydney (AFP) March 24, 2018
Thousands of Australians including farmers on horseback rallied in the heart of Sydney on Saturday, calling on authorities to ditch coal and gas mining developments in rural regions in favour of renewable energy projects. ... more
OIL AND GAS
Alberta pegs growth to pipeline expansion
Washington (UPI) Mar 26, 2018
Pipelines that could take Alberta's oil out of Canadian territory could add 2 percent to economic growth in six years, the provincial finance minister said. ... more
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OIL AND GAS
Mobile 'dual-comb' device significantly improves methane leak detection
Washington DC (SPX) Mar 23, 2018
Accurately detecting, locating and quantifying leaks of methane, the main component of natural gas and a major fuel source worldwide, is critically important for both environmental and economic reas ... more
OIL AND GAS
Laser-based system offers continuous monitoring of leaks from oil and gas operations
Washington DC (SPX) Mar 23, 2018
Researchers have conducted the first field tests for a new laser-based system that can pinpoint the location of very small methane leaks over an area of several square miles. The new technology coul ... more
OIL AND GAS
Metal-organic frameworks cut energy consumption of petrochemicals
Lausanne, Switzerland (SPX) Mar 21, 2018
In the chemical and the petrochemical industries, separating molecules in an energy-efficient way is one of the most important challenges. Overall, the separation processes account for around 40% of ... more
OIL AND GAS
Crude oil prices retreat in sell-off action
Washington (UPI) Mar 22, 2018
Crude oil prices retraced steps Thursday after two consecutive days of gains as traders cashed in with a focus on the Bank of England's static rate decision. ... more
OIL AND GAS
Chrysaor picks up second North Sea oil and gas acquisition
Washington (UPI) Mar 22, 2018
The fourth-largest oil and gas producer in the United Kingdom, Chrysaor, said it built up its North Sea portfolio with new acquisitions. ... more


Greek company makes $1.6B investment in Israeli gas

OIL AND GAS
IEA: Fossil fuels clearly dominate energy landscape
Washington (UPI) Mar 22, 2018
Though renewable forms of energy outpaced all others, fossil fuels accounted for more than 70 percent of the global demand growth last year, the IEA said. ... more
OILGASDAILY



OIL AND GAS
Gulf of Mexico oil and gas auction draws modest interest
Washington (UPI) Mar 22, 2018
The largest auction for drilling off the U.S. coast brought in only modest interest as sector players remain cautious about market recovery, analysts said. ... more
OIL AND GAS
Radar shows large areas of Texas oil acreage heaving and sinking at large rates
Wink TX (SPX) Mar 22, 2018
Two giant sinkholes near Wink, Texas, may just be the tip of the iceberg, according to a new study that found alarming rates of new ground movement extending far beyond the infamous sinkholes. ... more
OIL AND GAS
Norway has concerns about Transocean rig
Washington (UPI) Mar 21, 2018
A safety regulator in Norway said Wednesday there were a number of emergency issues uncovered during an audit of a Transocean rig. ... more
OIL AND GAS
HRW: Political fractures an economic risk for oil-rich Libya
Washington (UPI) Mar 21, 2018
Oil-rich Libya is risking economic opportunities with its fractured political landscape, Human Rights Watch said in calling for improvements. ... more
OIL AND GAS
Tighter markets, Iranian risk premium drives oil prices higher
Washington (UPI) Mar 21, 2018
Questions about what the U.S. president will do with oil-related sanctions on Iran and a drop in U.S. crude oil inventories sent oil prices higher on Wednesday. ... more
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Wood pellets: Renewable, but not carbon neutral
Millbrook, NY (SPX) Mar 26, 2018
A return to firewood is bad for forests and the climate. So reports William Schlesinger, President Emeritus of the Cary Institute of Ecosystem Studies, in an Insights article published in the journal Science. In the race to meet clean energy standards, biomass energy is often touted as carbon neutral. To satisfy European Union (EU) demand, forests in the United States are turned into wood ... more
+ Insects could help us find new yeasts for big business
+ Cow and elephant dung can be turned into paper, study shows
+ Modified biomaterials self-assemble on temperature cues
+ Manure could heat your home
+ 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
Wartsila delivers world's largest solar hybrid power plant
Helsinki, Finland (SPX) Mar 26, 2018
The technology group Wartsila has announced that it has delivered the world's largest solar hybrid power plant. Wartsila will provide a reliable and sustainable supply of round-the-clock energy which is essential in operating the off-grid gold mine and demonstrate the enormous potential of integrating renewables as the baseload electricity. Wartsila was selected by the global renewable ene ... more
+ NAREI Institute buildings in Guyana as of now powered by clean energy
+ Potassium gives perovskite-based solar cells an efficiency boost
+ Saft deploys Intensium Mini for solar energy storage at industrial plant in Spain
+ U.S. solar power sector slows down after banner year
+ Monocrystalline silicon thin film cheaper and faster to fabricate
+ Seminole Financial Services Surpasses Three-Quarters of a Gigawatt in Renewable Energy Financing
+ Fronius supplies inverters for solar project in Vietnam


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
+ Wind industry continues commitment to communities with new research report
+ German green energy segment Innogy divvied up
+ 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
Pipe-crawling robot will help decommission DOE nuclear facility
Pittsburgh PA (SPX) Mar 23, 2018
A pair of autonomous robots developed by Carnegie Mellon University's Robotics Institute will soon be driving through miles of pipes at the U.S. Department of Energy's former uranium enrichment plant in Piketon, Ohio, to identify uranium deposits on pipe walls. The CMU robot has demonstrated it can measure radiation levels more accurately from inside the pipe than is possible with external ... more
+ Business expansion of the Fuel business unit with technology transfer project in Kazakhstan
+ Swiss reopen world's oldest nuclear plant after repairs
+ Framatome upgraded Borssele nuclear power plant's digital instrumentation and control system
+ Canada to boost nuclear power to help meet climate target
+ Areva settles nuclear dispute with Finland's TVO
+ Taiwanese protesters rally for 'nuclear-free homeland'
+ Framatome confirms serviceability of Le Creusot steam generators
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
Electric vehicle use in Norway accelerating
Washington (UPI) Mar 22, 2018
The number of electric vehicles registered by Norwegian drivers has increased by more than 40 percent from the previous year, the government said. Statistics Norway, the government's record-keeping agency, reported there were 142,490 total electric cars registered in the country at the beginning of the year, up more than 40 percent from one year ago. Passenger vehicles made up 97 percen ... more
+ German prosecutors raid BMW in diesel emissions probe
+ Pedestrian's death raises concerns over driverless cars
+ China's bike-share app Ofo raises $850 mn to expand overseas
+ VW boss 'convinced of diesel renaissance'
+ 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


Mother Courage: Iraqi widow saved recruits from slaughter
Washington (AFP) March 24, 2018
Aliyah Khalaf Saleh had already lost a husband, a son and a nephew to the terror that engulfed northern Iraq in 2014. But when a group of military cadets fled to her community near Tikrit to escape killers from the Islamic State group, she risked all to save them. In June 2014, the jihadists slaughtered hundreds of mainly Shiite Muslim recruits from the nearby Speicher military base. ... more
+ Iraqi enthusiasts search for relics of royal past
+ Direct foreign air links restored with Iraqi Kurdistan
+ US military aircraft crashes in west Iraq: coalition
+ 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
Netanyahu says Israel will prevent enemies from obtaining nuclear weapons
Jerusalem (AFP) March 21, 2018
Prime Minister Benjamin Netanyahu said Wednesday that Israel will prevent enemies from obtaining nuclear weapons after its military admitted it carried out a 2007 air raid against a suspected Syrian nuclear reactor. "The Israeli government, the (Israeli military), and the Mossad (intelligence agency) have prevented Syria from developing nuclear capability, and they deserve every credit for t ... more
+ US hostility means Iran must boost China, Russia ties: official
+ Israel admits 2007 Syrian 'nuclear reactor' strike for first time
+ Canada ups pressure on Iran to let environmentalist's wife leave
+ Lockheed awarded contract for Trident II production, support
+ US pushes on with NKorea summit prep, but what is Kim's plan?
+ Iran rejects any change to nuclear deal; US seeking 'supplemental' deal
+ S. Korea, US to scale down military drills: report
Daily Newsletters - Space - Military - Environment - Energy

China to reorganise propaganda efforts at home and abroad
Beijing (AFP) March 21, 2018
China Wednesday announced a series of changes aimed at strengthening its global influence, including the creation of a centralised news service to better communicate the ruling Communist Party's message at home and abroad. The changes are part of a larger overhaul of government functions that will also see an increased role for the United Front Work Department, a shadowy organisation that ha ... more
+ Xi gets second term with powerful ally as VP
+ China slams UK warnings about Hong Kong liberties
+ Hong Kong's richest man Li Ka-shing to retire
+ Hong Kong mulls three years' jail for anthem disrespect
+ China dragoons viewers to make pro-Xi film a blockbuster
+ In China, an eye-roll goes viral, censors put a lid on it
+ US-backed culture centres under pressure in China
Chad soldier, 20 Boko Haram fighters killed in clash: army source
N'Djamena (AFP) March 24, 2018
A Chadian soldier and 20 Boko Haram members were killed in a clash in the restive Lake Chad region near Nigeria, a Chadian military officer told AFP Saturday. The incident occurred on Friday on an islet named Tchoukou Hadje, the officer said, adding that five soldiers were wounded. "Twenty Boko Haram members were killed and a large amount of weapons was recovered," he said. "The Chadian ... more
+ Estonia to send 50 troops to reinforce French-led Mali mission
+ Ghana, US seek closer military ties
+ Nigeria was warned before Boko Haram abduction: Amnesty
+ Canada to deploy troops, helicopters to help UN in Mali
+ Egypt, Sudan presidents agree to patch up differences
+ Two soldiers killed in Nigeria communal violence: army
+ Killing of civilians by Ethiopia troops no accident: residents


Navy awards $102.8M for additional V-22 Osprey support
Washington (UPI) Mar 23, 2018
Bell Boeing JPO was awarded a contract from the U.S. Navy for services in support of the V-22 Osprey aircraft. The deal, announced Thursday by the Department of Defense, is valued at more than $102.8 million under the terms of a modified contract that definitize delivery order. The agreement between the Navy and Bell Boeing JPO enables the company to provide repair of various par ... more
+ Airbus Helicopters tapped for additional UH-72A helicopters
+ NASA Glenn tests aircraft engines in an ice crystal environment
+ Mahathir raises 'remote takeover' theory in MH370 mystery
+ China to build 'world's fastest' wind tunnel
+ Hong Kong carrier Cathay Pacific sees annual loss, outlook upbeat
+ FAA announces ban on 'doors-off' helicopter flights after fatal crash in N.Y.
+ Sierra Nevada awarded $20M for aircraft logistics support
US launches WTO challenge against China
Washington (AFP) March 23, 2018
The United States launched Friday a challenge at the World Trade Organization against China over intellectual property breaches, a statement said. "The United States is taking action at the World Trade Organization (WTO) to address China's unfair technology practices that run counter to WTO rules," the statement from the US Trade Representative's office said. US President Donald Trump on ... more
+ Tough talk on global trade escalates as Trump claims results
+ Trump prepares China trade sanctions, Beijing vows retaliation
+ China may target Trump-voting states in trade war
+ US and China: an uneasy economic partnership
+ China threatens US with tariffs, says 'not afraid of trade war'
+ Trump trade gambit tests 'friendship' with China's Xi
+ US unafraid of trade war, will proceed with China tariffs: Mnuchin
Daily Newsletters - Space - Military - Environment - Energy

China hawk Navarro has Trump's ear
Washington (AFP) March 22, 2018
President Donald Trump's increasingly tough measures on trade, including Thursday's latest crackdown on China, demonstrate the rising influence of Peter Navarro, a Harvard-trained economist who has long railed against the threat from Beijing. Trump announced tariffs on as much as $60 billion in Chinese imports to retaliate against the alleged theft of American intellectual property. The ... more
+ Pacific US military outpost eyes shifting strategic seas
+ China's aircraft carrier sails past Taiwan as tensions rise
+ Mattis points to UK poisoning, calls Russia 'strategic competitor'
+ Indian PM Modi congratulates China's Xi on re-election
+ Seychelles opposition to block India military deal
+ Putin pledges to reduce Russia military spending this year
+ Empowered Xi says China ready to fight 'bloody battle'


Researchers create new low-cost, sustainable material for reducing air and water pollution
Washington DC (SPX) Mar 23, 2018
A new class of low-cost and sustainable hybrid materials could possibly displace activated carbon as the preferred choice for reducing wastewater and air pollution. The material, described in Frontiers in Chemistry, is synthesized inexpensively from solid wastes and a naturally abundant polymer - and can cut down pollutants in air and wastewater with more success than activated carbon, the curre ... more
+ New solution to harmful algal blooms raises hope of economic and environmental benefits
+ EU considers financial system alignment with green goals
+ Gambian activists take action against polluting Chinese firm
+ Ships in the English Channel have highest rate of sulphur violations in northern Europe
+ Researchers create a protein 'mat' that can soak up pollution
+ Paris to study pollution-busting free transport
+ Large-scale climatic warming could increase persistent haze in Beijing
Superheroes to the rescue of storm-battered Puerto Rico
New York (AFP) March 21, 2018
Comic book superheroes are coming to the rescue of hurricane-ravaged Puerto Rico. There's Batman, and Wonder Woman, of course, and also a Puerto Rican-inspired female hero named La Borinquena. Their mission is to help reconstruct the US island territory wrecked by Hurricane Maria six months ago. The 200-page book - entitled "Ricanstruction: Reminiscing & Rebuilding Puerto Rico" - will ... more
+ Species in decline worldwide, humans at risk
+ Chinese sailors rescued alive after Malaysia capsize
+ When natural disaster strikes, can insects and other invertebrates recover?
+ ASEAN leaders tackle Rohingya crisis and urge South China Sea calm
+ Natural disasters can decimate insect, invertebrate populations
+ Australian, Cambodian trainers die in demining accident
+ Court orders Japan government to pay new Fukushima damages
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