Oil News and Gas News
March 28, 2018
OIL AND GAS
Total helps create green fund in China



Washington (UPI) Mar 27, 2018
French supermajor Total said it was using its venture capital arm to create a Chinese fund targeting renewable energy and other low-carbon activities. Total Energy Ventures signed a heads of agreement effort with Chinese partners to create the Cathay Smart Energy Fund, an investment vehicle targeting renewable energy, smart energy and other low-carbon efforts. Through TEV, the French supermajor and other partners will put $250 million behind the fund after first closing. Total Chairman a ... read more

OIL AND GAS
Mexico takes aim at its section of the Eagle Ford shale
Washington (UPI) Mar 27, 2018
The state energy company in Mexico said it signed on with a partner to help extract natural gas from the Eagle Ford shale reservoir in the country. ... more
OIL AND GAS
Higher gas prices are the new normal
Washington (UPI) Mar 27, 2018
The beginning of spring and a big spike in crude oil prices means U.S. consumers are paying more for gasoline and should get used to it, analysts said. ... more
OIL AND GAS
Risk, tighter markets drive oil prices higher
Washington (UPI) Mar 27, 2018
Tighter market conditions, coupled with geopolitical risk percolating in the Middle East, rekindled a rally Tuesday in the price of crude oil. ... more
OIL AND GAS
U.S. on pace to become a leader in LNG exports
Washington (UPI) Mar 27, 2018
The United States is on pace to become the third-largest exporter of liquefied natural gas by 2020, behind Australia and Qatar, a federal report found. ... more


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OIL AND GAS
Canadian province vows to keep up fight against pipeline
Montreal (AFP) March 27, 2018
The Canadian province of British Columbia vowed Monday to press on with a legal battle against a controversial oil pipeline after a federal court dealt the province a setback. ... more
OIL AND GAS
Slight dip in Canadian oil exports no detriment to growth
Washington (UPI) Mar 27, 2018
A Canadian energy regulator reported a slight drop in crude oil exports, although the country's central bank said all signs point to growth for 2018. ... more
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 ... 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
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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
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


China eyes new oil benchmark with futures launch

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
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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
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
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Sewage sludge leads to biofuels breakthrough
Berkeley CA (SPX) Mar 27, 2018
Researchers at the U.S. Department of Energy Joint BioEnergy Institute (JBEI) and Lawrence Berkeley National Laboratory (Berkeley Lab) have discovered a new enzyme that will enable microbial production of a renewable alternative to petroleum-based toluene, a widely used octane booster in gasoline that has a global market of 29 million tons per year. Results from a study led by Harry Beller ... more
+ Wood pellets: Renewable, but not carbon neutral
+ 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
New Contract Airborne to supply 48 Solar Array Panels for Galileo Satellites
The Hague, Netherlands (SPX) Mar 27, 2018
Airborne Aerospace has been awarded a contract by Airbus Defence and Space Netherlands to manufacture 48 substrate panels for the solar arrays of twelve new Galileo FOC satellites. The contract, carried out under a programme of the European Union, is the latest result of years of successful collaboration between the two Dutch companies to power the Galileo constellation. To date, Airborne ... more
+ Researchers refute 20-year-old assumptions in solar cell production
+ Wartsila delivers world's largest solar hybrid power plant
+ NAREI Institute buildings in Guyana as of now powered by clean energy
+ Lockheed delivers energy storage systems to Cypress Creek Renewables
+ 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


Detection, deterrent system will help eagles, wind turbines coexist better
Corvallis OR (SPX) Mar 27, 2018
Researchers have taken a key step toward helping wildlife coexist more safely with wind power generation by demonstrating the success of an impact detection system that uses vibration sensors mounted to turbine blades. The findings are important because while wind power is generally regarded as green energy, danger to birds - particularly federally protected bald eagles and golden eagles - ... more
+ BP sees onshore wind as the cheapest future source of electricity
+ 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
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

Canada to miss 2020 climate target: audit
Ottawa (AFP) March 27, 2018
Canada will likely miss a 2020 interim carbon emissions reduction target and will need to take strong measures if it further hopes to meet its Paris agreement commitment, said an audit released Tuesday. Canada had set a target of reducing greenhouse gas emissions linked to global warming by 17 percent by 2020, from 2005 levels, and by 30 percent by 2030. But Environment Commissioner Juli ... more
+ Dead tress across Mongolian lava field offer clues to past droughts
+ 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
Arizona puts brakes on Uber self-driving car tests
San Francisco (AFP) March 27, 2018
The governor of Arizona on Monday put the brakes on Uber's self-driving car program in that state, citing "disturbing and alarming" dashcam footage from a fatal crash in that state. Arizona governor Doug Ducey sent Uber chief executive Dara Khosrowshahi a letter saying he has directed transportation department officials to suspend Uber's ability to test or operate self-driving vehicles on p ... more
+ Research hints at double the driving range for electric vehicles
+ Waymo and Jaguar team up on self-driving luxury ride
+ Electric vehicle use in Norway accelerating
+ 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'


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
Saudi-led coalition threatens retaliation against Iran over missiles
Riyadh (AFP) March 26, 2018
A military coalition led by Saudi Arabia on Monday threatened retaliation against arch-foe Iran, accusing the Shiite power of being behind a barrage of Yemeni rebel missile attacks on the kingdom. Saudi forces said they intercepted seven missiles on Sunday, including over the capital Riyadh, in a deadly escalation that coincided with the third anniversary of the coalition's intervention in Y ... more
+ Iran mocks Saudi threats but worries about destabilisation
+ Chinese Korean war dead set to return home
+ It's good to talk: N. Korea and China sit down at last
+ North Korea's Kim met China's Xi on first foreign trip
+ US hostility means Iran must boost China, Russia ties: official
+ Speculation rife over surprise Kim Jong Un visit to Beijing
+ Netanyahu says Israel will prevent enemies from obtaining nuclear weapons
Daily Newsletters - Space - Military - Environment - Energy

Vatican-affiliated Chinese bishop arrested: report
Vatican City (AFP) March 27, 2018
A Chinese bishop recognised by the Vatican has been arrested in his diocese just as Beijing and the Holy See are set to confirm a historic agreement on the appointment of bishops, a Vatican-linked website reported. AsiaNews, run by the Pontifical Institute for Foreign Missions - a missionary society recognised by the Vatican - wrote on Tuesday that Vincent Guo Xijin, bishop of the diocese ... more
+ Street art makes a splash in Hong Kong
+ 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
Canada aims for August Mali deployment of Blue Helmets: minister
Montreal (AFP) March 25, 2018
Canada aims to deploy peacekeepers backed by helicopters to join UN Blue Helmets in Mali in August, the country's defense minister said on Sunday. A date had not previously been set by Ottawa, which announced last week that it would send an infantry unit and military trainers along with helicopters to the west African country for 12 months to support an ongoing UN peacekeeping mission (MINUS ... more
+ In war-torn C.Africa, Russia trains army in weapons use
+ Mali's PM tackles terrorism, farmer-herder clashes
+ UN strengthens role of DR Congo mission in elections
+ Chad soldier, 20 Boko Haram fighters killed in clash: army source
+ 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


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
+ 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
+ FAA announces ban on 'doors-off' helicopter flights after fatal crash in N.Y.
+ Mahathir raises 'remote takeover' theory in MH370 mystery
China's big banks escape profit doldrums
Shanghai (AFP) March 27, 2018
Two of China's big state-owned banks said Tuesday their profits rebounded in 2017 after a pair of moribund years thanks to an accelerating domestic economy, and analysts expect further gains as a government credit clampdown favours big lenders. The Industrial and Commercial Bank of China (ICBC), the world's biggest lender in terms of total assets, said full-year profit grew 2.8 percent to 28 ... more
+ Trudeau to Trump: Canada will block backdoor steel shipments
+ Trump discusses China trade with Merkel, Macron: White House
+ Quiet business negotiations between China, US: report
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Pacific US military outpost eyes shifting strategic seas
Wake Island, United States (AFP) March 25, 2018
Life on Wake Island seems, much of the time, rather sedate. The blank "Flight Movement" board at this tiny airfield in the middle of the Pacific promises zero flights, and no movement. But every day or so, a US military plane touches down to refuel or deliver cargo, bringing a burst of activity to one of the world's most remote places. The miniscule coral atoll, which pops up unexpec ... more
+ China hawk Navarro has Trump's ear
+ US defense chief Mattis says 'no reservations' about Bolton
+ Turkey court refuses to free jailed Greek soldiers: reports
+ 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


Five ways to halt 'critical' land decay
Medellin, Colombia (AFP) March 26, 2018
Scientists warned Monday that land degradation imperils the health and well-being of billions of people, threatening food and water supplies while fuelling conflict, mass migration and disease spread. But all is not lost, said the mammoth report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES). Humanity can still turn the tide of destruction ... 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
+ UK plans plastic bottle charge to tackle pollution
+ Researchers create new low-cost, sustainable material for reducing air and water pollution
+ Ships in the English Channel have highest rate of sulphur violations in northern Europe
+ Researchers create a protein 'mat' that can soak up pollution
Former Supreme Court justice backs repealing Second Amendment
Washington (AFP) March 27, 2018
A former justice of the US Supreme Court - guardian of the country's Constitution - appealed on Tuesday for the repeal of the Second Amendment right to bear arms. John Paul Stevens made the call in an op-ed in The New York Times three days after the "March for Our Lives," nationwide protests that were the largest in support of gun control for nearly two decades. "Rarely in my lifetime ... more
+ In 'city of shanasheel', Iraqi heritage crumbles from neglect
+ Land decay to displace tens of millions, global survey warns
+ In the heart of Navajo country, pupils work for greener future
+ UN chief hits out at Myanmar army chief over Rohingya comments
+ Volcanic eruption influenced Iceland's conversion to Christianity
+ Haiti installs leaders of reborn army
+ Species in decline worldwide, humans at risk
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