Oil News and Gas News
March 27, 2018
OIL AND GAS
UK emissions dropped by 6 percent by switching from coal to natural gas



Sheffield UK (SPX) Mar 27, 2018
Britain's emissions dropped by six per cent in 2016 by switching from coal to natural gas a new study from the University of Sheffield has revealed. The collaborative study by Dr Grant Wilson from the Department of Chemical and Biological Engineering and Energy 2050 at the University of Sheffield and Dr Iain Staffell from the Centre for Environmental Policy at Imperial College London, highlights the scale and speed of emissions reduction in Britain as a result of fuel switching from coal to natura ... read more

OIL AND GAS
China fuel demand boosts Sinopec profit, record dividend planned
Shanghai (AFP) March 26, 2018
China's Sinopec, the world's largest oil refiner, said its annual profit for 2017 grew 10 percent due to strength in its key fuels and chemical operations, and announced a record dividend payout. ... more
OIL AND GAS
Oil prices search for clear direction after last week's big rally
Washington (UPI) Mar 26, 2018
Oil prices were stuck in a tug-of-war of competing narratives early Monday, with U.S. trade and production, alongside Middle East risk, influencing markets. ... more
OIL AND GAS
More oil and gas uncovered offshore Norway
Washington (UPI) Mar 26, 2018
A Norwegian regulator confirmed two separate oil and gas discoveries on Monday, the largest of which could contain at least 35 million barrels of oil. ... more
OIL AND GAS
Dutch oil trader Vitol sees long-term impact from renewables
Washington (UPI) Mar 26, 2018
After coming off a "challenging year," Dutch oil trader Vitol said Monday it expected the renewable power sector to have the biggest long-term impact. ... more


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OIL AND GAS
Israeli gas field development proceeds quickly
Washington (UPI) Mar 26, 2018
French services company TechnipFMC said Monday it nabbed a contract for work at an Israeli natural gas field less than a week after a final investment decision. ... more
OIL AND GAS
China eyes new oil benchmark with futures launch
Shanghai (AFP) March 26, 2018
China launched yuan-denominated oil futures contracts on Monday, marking the first time foreign investors will have access to Chinese commodity futures as the world's top crude importer seeks greater influence over global prices. ... more
OIL AND GAS
New discovery a good start for Apache in the British North Sea
Washington (UPI) Mar 26, 2018
A discovery with at least 10 million barrels of oil was made after drilling into the British waters of the North Sea, Apache Corp. declared. ... 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
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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
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
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. ... 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


PetroChina triples its net profit, hands out big dividend

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
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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
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
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
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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
+ Lockheed delivers energy storage systems to Cypress Creek Renewables
+ New Contract Airborne to supply 48 Solar Array Panels for Galileo Satellites
+ Potassium gives perovskite-based solar cells an efficiency boost
+ Next Winter Olympics could be powered by renewable energy
+ Saft deploys Intensium Mini for solar energy storage at industrial plant in Spain
+ U.S. solar power sector slows down after banner year


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
+ UAE says its first nuclear reactor complete
+ 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'
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
+ Arizona puts brakes on Uber self-driving car tests
+ 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


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
Chinese Korean war dead set to return home
Seoul (AFP) March 26, 2018
A Chinese officer saluted Monday as the remains of 20 former comrades were arrayed in a South Korean military facility ahead of their return home, decades after they died in the Korean War. The brown-stained bones - including some near-complete skulls - were laid out on tables at the temporary ossuary in Incheon before being placed in identical boxes pending their repatriation Wednesday. ... more
+ Speculation rife over surprise Kim Jong Un visit to Beijing
+ Saudi-led coalition threatens retaliation against Iran over missiles
+ US hostility means Iran must boost China, Russia ties: official
+ Netanyahu says Israel will prevent enemies from obtaining nuclear weapons
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Street art makes a splash in Hong Kong
Hong Kong (AFP) March 26, 2018
From murals made famous by Instagram to painting battles, Hong Kong's once largely underground street art scene has exploded in recent years, and is now blossoming across the city's walls and alleyways. The commercial high end of the art world is at the fore in March, with gallerists, collectors and celebrities descending on Hong Kong for the annual Art Basel fair. But English mural arti ... more
+ China to reorganise propaganda efforts at home and abroad
+ 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
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
+ Canada aims for August Mali deployment of Blue Helmets: minister
+ In war-torn C.Africa, Russia trains army in weapons use
+ 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


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
+ Japan's E-2D program to receive training, support from Northrop Grumman
+ Mahathir raises 'remote takeover' theory in MH370 mystery
+ United Technologies wins contract for F-35 engines
+ In a trade war, aviation giant Boeing could be a sitting duck
+ China Southern Airlines profit boosted by domestic growth, yuan
+ Hong Kong carrier Cathay Pacific sees annual loss, outlook upbeat
Quiet business negotiations between China, US: report
New York (AFP) March 26, 2018
China and the United States have begun behind-the-scenes negotiations to improve American access to the Chinese domestic market, the Wall Street Journal said Sunday. News of the talks follow days rife with tension, raising the specter of a trade war between the world's top economies. The daily paper said the discussions - led by China's economic "czar" Liu He, US Treasury Secretary Stev ... more
+ US and China: an uneasy economic partnership
+ US launches WTO challenge against China
+ 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
+ China threatens US with tariffs, says 'not afraid of trade war'
+ Trump trade gambit tests 'friendship' with China's Xi
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
+ 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'
+ China promotes foreign minister, names new defence chief


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
+ Five ways to halt 'critical' land decay
+ 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
In 'city of shanasheel', Iraqi heritage crumbles from neglect
Basra, Iraq (AFP) March 26, 2018
As a child, Adnan Khalaf used to marvel at the Iraqi city of Basra's "shanasheel", finely crafted bay windows complete with intricate wooden latticework and ornate stained glass. Today, the Iraqi retiree can only watch as the hallmarks of his hometown - "the city of shanasheel" - crumble out of neglect. Authorities in Basra, the capital of Iraq's richest oil province, are struggling to ... more
+ Species in decline worldwide, humans at risk
+ Land decay to displace tens of millions, global survey warns
+ In the heart of Navajo country, pupils work for greener future
+ Chinese sailors rescued alive after Malaysia capsize
+ UN chief hits out at Myanmar army chief over Rohingya comments
+ Fearing worst, French 'preppers' gear up for the Day After
+ Superheroes to the rescue of storm-battered Puerto Rico
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