Oil News and Gas News
April 23, 2018
OIL AND GAS
GasBuddy: With gas prices this high, it's no wonder Trump is concerned



Washington (UPI) Apr 20, 2018
The surge in gas prices coming from higher crude oil prices means OPEC is cancelling out the gains of U.S. consumers from a tax break, GasBuddy said Friday. U.S. retail gasoline prices are the highest they've been in more than three years. Motor club AAA reports a national average retail price of $2.75 for a gallon of regular unleaded, up 2 cents from Thursday, 20 cents higher than one month ago and more than 30 cents higher than this time last year. Patrick DeHaan, the senior analyst at ... read more

OIL AND GAS
Arctic wilderness area in Alaska to be opened to drilling
Washington (UPI) Apr 20, 2018
An initial step toward opening up an Arctic wilderness area in Alaska to oil and gas development unveils a revenue stream for the state, the governor said. ... more
OIL AND GAS
Iraq pays first war reparations to Kuwait since 2014
Geneva (AFP) April 20, 2018
Iraqi dictator Saddam Hussein has been dead for more than a decade but Kuwait is still receiving reparations for his 1990 invasion, with the latest tranche of $90 million approved on Friday. ... more
OIL AND GAS
Maritime shippers need more LNG
Washington (UPI) Apr 20, 2018
The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. ... more
OIL AND GAS
Tremor reported in shale-rich Oklahoma
Washington (UPI) Apr 20, 2018
A small tremor was recorded early Friday in the shale heartland of Oklahoma, one day after state regulators limited work because of seismic activity. ... more


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OIL AND GAS
Schlumberger sees growing supply challenges
Washington (UPI) Apr 20, 2018
The oil and gas industry may need a significant amount of new investments to offset a looming supply shortage, the head of oil services firm Schlumberger said. ... more
OIL AND GAS
Bottlenecks curb output for shale player Sanchez
Washington (UPI) Apr 20, 2018
Despite gains in its drilling program, U.S. shale player Sanchez Energy said first quarter production was impacted by incidents outside of its control. ... more
OIL AND GAS
Crude oil prices break from rally mode
Washington (UPI) Apr 20, 2018
With the U.S. president trying his hand at influencing commodity markets, the price of oil turned lower on Friday after a steady streak of gains. ... more
OIL AND GAS
Brazil prosecutor recommends denying Total oil license near Amazon
Rio De Janeiro (AFP) April 19, 2018
A Brazilian prosecutor warned of "ecocide" in recommending against a drilling license for French oil major Total close to a huge coral reef near the mouth of the Amazon River. ... more
OIL AND GAS
Oil prices rally in spite of darker economic clouds
Washington DC (UPI) Apr 19, 2018
Crude oil prices continued their rally to test multi-year highs Thursday amid signs of higher demand, despite concerns about future economic growth. ... more
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OIL AND GAS
Norway's oil and gas production declines
Washington DC (UPI) Apr 19, 2018
Technical problems were to blame for a drop in average daily oil production from Norway, one of Europe's main suppliers, the government said. ... more
OIL AND GAS
Amid trade tensions, Alaska's governor plans Chinese trade mission
Washington DC (UPI) Apr 19, 2018
A trade mission to China will showcase the prospects for investment opportunities in Alaska, the governor of the northern U.S. state said. ... more
OIL AND GAS
Funding emerges for company with a Cuban energy footprint
Washington DC (UPI) Apr 19, 2018
Melbana Energy, an Australian company with operations in Cuba and New Zealand, said it secured a $2.5 million loan to help finance its operations. ... more
OIL AND GAS
BP sees $6 billion in gas investments in India
Washington DC (UPI) Apr 19, 2018
British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion. ... more
OIL AND GAS
In Iraq's oil-rich Basra, shanty towns flourish
Basra, Iraq (AFP) April 19, 2018
From his small home nestled alongside train tracks in the southern Iraqi province of Basra, Sultan Nayef looks out at plumes of smoke billowing across an expanse of oil fields. ... more


Alberta stands up to British Columbia over Trans Mountain

OIL AND GAS
No luck in latest North Sea oil and gas search
Washington (UPI) Apr 17, 2018
A drilling facility in the Norwegian waters of the North Sea is moving on to frontier territory after coming up empty handed, a partner in the effort said. ... more
OILGASDAILY



OIL AND GAS
Oil and gas company Total makes utility sector splash
Washington (UPI) Apr 17, 2018
A "friendly takeover" of a French power company gives oil and gas supermajor Total a bigger footprint in the region's utility sector, its CEO said Wednesday. ... more
OIL AND GAS
U.S. offshore policy draws industry criticism
Washington DC (UPI) Apr 18, 2018
The United States can't stay competitive in the offshore oil and gas market without incentives like reduced royalty rates, an industry trade group said. ... more
OIL AND GAS
Iran sees Russia as natural energy sector partner
Washington DC (UPI) Apr 18, 2018
Iran and Russia, two oil producers that are the target of U.S. sanctions, could establish a solid partnership in the energy sector, Iran's oil minister said. ... more
OIL AND GAS
Saxo Bank: Geopolitical risk in the driver's seat for oil prices
Washington (UPI) Apr 17, 2018
While trade tensions between the United States and China could throttle momentum, geopolitical risk is supporting crude oil prices, Saxo Bank said Wednesday. ... more
OIL AND GAS
China shale gas progressing, but work remains
Washington (UPI) Apr 17, 2018
China's shale natural gas production is accelerating fast, costs are moving lower, but the situation is still not comparable to the U.S. boom, analysis finds. ... more
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Research shows how genetics can contribute for advances in 2G ethanol production
Sao Paulo, Brazil (SPX) Apr 17, 2018
Production of second-generation (2G) ethanol from sugarcane requires enzymatic hydrolysis, in which enzymes from microorganisms act together to break down and convert the carbohydrates in sugarcane straw and bagasse into sugars capable of undergoing fermentation. Understanding the genetic mechanisms that regulate the control and production of hydrolytic enzymes by microorganisms is conside ... more
+ Algae-forestry, bioenergy mix could help make CO2 vanish from thin air
+ Removing the brakes on plant oil production
+ NUS engineers pioneer greener and cheaper technique for biofuel production
+ Notre Dame researchers developing renewable energy approach for producing ammonia
+ New insights into how cellulose is built could indicate how to break it
+ Sewage sludge leads to biofuels breakthrough
+ Wood pellets: Renewable, but not carbon neutral
As Illinois Turns To Clean Energy, Sunrun Offers Rooftop Solar and Jobs
San Francisco CA (SPX) Apr 20, 2018
Sunrun Inc., the nation's largest residential solar, storage and energy services company, is expanding its home solar service to Illinois. Illinois residents will be able to generate their own electricity year-round with rooftop solar, benefitting from cleaner air, monthly savings, and freedom from rising utility bills. Long considered to be one of the most industrious and productive state ... more
+ Lockheed Martin and Rovsing collaborate to bring solar array simulators to market
+ Energy conversion: Optical 'overtones' for solar cells
+ New research could literally squeeze more power out of solar cells
+ MicroLink Devices Achieves Certified 37.75% Solar Cell Power Conversion Efficiency
+ New production concept for building-integrated solar modules drastically reduces costs
+ DoE offers $20 Million in New Projects to Lower Cost of Power Electronics in Solar
+ ESPResSo aims to make perovskite solar cells affordable


Alberta proposes more renewable energy incentives
Washington DC (UPI) Apr 13, 2018
Giving municipal leaders the ability to make it easier for home and business owners to take greener decisions will diversify the economy, Alberta said. Alberta is the top oil producer in Canada, but has taken steps to add layers of diversity to an economy that was left exposed to the decline in crude oil prices two years ago. The provincial government last month launched a challenge to ... more
+ Transformer station for giant German wind farm positioned
+ Scotland's largest offshore wind farm close to operational
+ Construction complete ahead of schedule at Sommette wind farm, France
+ California considered for offshore wind
+ China considering energy storage mandate for wind
+ The Evolution of Wind Power in 2017
+ Detection, deterrent system will help eagles, wind turbines coexist better
Quake hits near Iran nuclear power plant
Tehran (AFP) April 19, 2018
A moderately strong 5.9-magnitude earthquake Thursday hit Iran's southern region of Bushehr, home to the country's only nuclear power plant, without causing casualties or damage, media reported. "The earthquake had no effect on the activity of the plant," Mahmoud Jafari, project manager at the Russian-built Bushehr nuclear plant, said according to the Telegram news channel of Iran's state te ... more
+ Framatome receives two patent awards for nuclear innovations
+ Namibia president denies graft in nuclear deal
+ NRC approval brings Framatome's fuel technology closer to market
+ Framatome displays year of powerful performance, supports 44 nuclear power outages in 2017
+ Nuclear safety: AREVA develops an innovative technology for reactor inspection
+ NRC approval brings Framatome's fuel technology closer to market
+ Putin launches Turkey nuclear project, vows faster arms delivery
Daily Newsletters - Space - Military - Environment - Energy

Michael Bloomberg pledges $4.5m to Paris climate deal
Washington (AFP) April 23, 2018
Former New York City mayor and billionaire philanthropist Michael Bloomberg on Sunday promised $4.5 million to fulfill the United States's commitment to the Paris climate agreement. "America made a commitment and as an American if the government's not going to do it we all have responsibility," he told CBS's Face the Nation. Last June, US President Donald Trump announced the US would wit ... more
+ Trudeau urges nations to make Paris climate deal 'reality'
+ Unusual climate during Roman times plunged Eurasia into hunger and disease
+ More frequent droughts mean fewer flowers for bees
+ October trial set for US kids' climate change lawsuit
+ Florida's cities are experiencing shorter, more intense wet seasons
+ Tiny Sea Creatures Hold Secrets to Earth's Climate
+ First direct observations of methane's increasing greenhouse effect at the Earth's surface
Global carmakers gear up for China's auto show as sector opens
Beijing (AFP) April 22, 2018
Global carmakers will show off their latest models at the Beijing Auto Show this week, days after China unveiled plans to shift gears in the world's biggest car market by lifting foreign ownership restrictions. Industry giants such as Volkswagen, Daimler, Toyota, Nissan and Ford will be among the companies seeking the limelight in a country where 28.9 million vehicles were sold in 2017, a th ... more
+ ULEMCo to Demonstrate First Zero Emission Combustion Engine Truck
+ German police arrest Porsche manager over diesel scandal
+ Jack Ma says Alibaba 'doing a lot of research' on driverless cars
+ China to relax foreign ownership limits on cars, other industries
+ With bikes, transit, Uber unveils urban transport vision
+ EU unveils new consumer protections after 'dieselgate' scandal
+ US investigating fatal Tesla crash in California


Iraq says it killed 36 'IS terrorists' in Syria raid
Baghdad (AFP) April 22, 2018
Iraq said Sunday its forces had killed "36 terrorists" belonging to the Islamic State jihadist group, including senior members, in air raids this past week in Syria. A video of Thursday's operation showed two F-16 fighter jets destroying a house in eastern Syria. "The Iraqi air raids, carried out by several F-16s in Syria on April 19, targeted IS terrorists who represented a danger to Ir ... more
+ Three Shiites lead field for Iraq election
+ Iraq says it carried out air raid against IS in Syria
+ UN Security Council postpones visit to Iraq
+ More than 300 sentenced to death in Iraq for IS links
+ Iraq sentences French woman to life in jail for joining IS
+ Iraq women with alleged links to IS sexually abused: Amnesty
+ Years after hanging, Saddam mystery lives on
US, Russian nuclear shift as dangerous as NKorean threat
Geneva (AFP) April 19, 2018
A recent shift in nuclear weapons policies in the United States and Russia, involving upgrades, modernisation and growing arsenals is as dangerous as North Korea's nuclear threat, campaigners warned Thursday. Beatrice Fihn, who heads the International Campaign to Abolish Nuclear Weapons (ICAN), hailed an upcoming summit between the United States and North Korean in what Washington hopes will ... more
+ For nuclear weapons reduction, a way to verify without revealing
+ European MPs urge US not to scrap Iran nuclear deal
+ Trump: US has conceded 'nothing' to N.Korea
+ Trump says CIA chief met Kim in North Korea
+ Truce village or European capital? Possible Trump-Kim summit venues
+ N. Korea's Kim promises no more nuclear or missile tests
+ Empty promises? N.Korea watchers greet Kim move with skepticism
Daily Newsletters - Space - Military - Environment - Energy

China doctor detained over 'poison' tonic comments released
Beijing (AFP) April 20, 2018
A Chinese doctor held without charge for three months for calling a popular brand of traditional medicine "poison" has been released on bail following a public outcry, reports said. Tan Qindong was detained by police after the maker of the popular "Hongmao Medicinal Liquor" said he had made "malicious claims" online that "tarnished its name". The doctor was released on bail on Tuesday ev ... more
+ Spain accuses CaixaBank of laundering Chinese money
+ #IamGay backlash a rare win for China's LGBT community
+ China's Weibo backtracks on gay content ban
+ Former China Politburo member pleads guilty to bribery
+ Former China Politburo member pleads guilty to bribery
+ Top China news app self-criticises after government crackdown
+ Hong Kong civic coalition warns UN on eroding freedoms
Climate change mitigation project threatens local ecosystem resilience in
Stockholm, Sweden (SPX) Apr 22, 2018
REDD+ (Reducing emissions from deforestation and forest degradation) is an UN-led programme aiming to increase carbon sequestration in tropical forests. REDD+ is included among technologies for negative emissions, which stand for a large share of the emission reductions in the climate models internationally agreed on to keep global warming below 2C. But increasing forest cover in developin ... more
+ US urges Nigeria to change tactics against Boko Haram
+ Boko Haram kills three Chadian soldiers
+ US, Nigeria hold military summit in Abuja
+ Ghana is the best country to host AU Space Agency
+ Five park rangers, driver killed in DR Congo's Virunga wildlife sanctuary
+ UN troops attacked in C.African capital after security sweep
+ Benin, Niger back Chinese involvement in mega rail project


Northrop to repair technology on Hawkeyes, Lockheed to upgrade C-130 aircraft
Washington (UPI) Apr 17, 2018
Northrop Grumman has been awarded a contract by the U.S. Navy for repairs on multiple E-2D Advanced Hawkeye aircraft. The deal, announced Monday by the Department of Defense, is valued at more than $22.8 million under the terms of a ceiling-priced, undefinitized contract action delivery order contract, which is a modification to a previous agreement. The contract awarded from Nav ... more
+ Russian aircraft provider stops doing business with NATO
+ F-35 Completes Most Comprehensive Flight Test Program in Aviation History
+ Airbus aiming to step up A320neo production
+ Algeria in mourning after its deadliest plane
+ Boeing tapped to support P-8A Poseidon training
+ L3 wins Navy contract for fighter aircraft support
+ Fierce clashes as French police try to clear anti-capitalist camp
World Bank shareholders approve $13 bln capital increase
Washington (AFP) April 21, 2018
World Bank shareholders approved a "historic" increase in the bank's lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said neither China nor any middle income countries was happy about the prospect of paying more for loans, but they agreed because of the overal ... more
+ France rejects 'vain and pointless' trade fight with China
+ Beijing says welcomes Mnuchin visit for crunch trade talks
+ Escalating trade dispute could derail recovery, put 'many jobs at risk': WTO chief
+ China targets US, EU with rubber trade case
+ Door to US-China trade talks seems to open after IMF meeting
+ Bitcoin's true believers vow to ride out currency rollercoaster
+ As China, US continue to borrow, mounting debt a global liability: IMF
Daily Newsletters - Space - Military - Environment - Energy

NATO moves from Cold War bunker to glass and steel palace
Brussels (AFP) April 19, 2018
With its futuristic curved roof, gleaming walls of glass and steel and host of eco-friendly features, NATO's new billion-euro Brussels headquarters is a world away from the drab, low-slung warren of offices reeking of Cold War intrigue that it replaces. The alliance is almost halfway through its move into the new building, with Secretary General Jens Stoltenberg expected to shift to his new ... more
+ US brands China and Russia 'forces of instability'
+ NATO not planning to boost military presence in Baltics
+ Russian general and NATO commander meet in Baku
+ Turkey to consider Greek soldiers' case if coup suspects returned
+ US-China trade tension dominates IMF gathering
+ Chinese, Indian leaders to meet this week
+ Chinese ship conducting research near disputed islets: Japan


Engineering a plastic-eating enzyme
Portsmouth UK (SPX) Apr 22, 2018
Scientists have engineered an enzyme which can digest some of our most commonly polluting plastics, providing a potential solution to one of the world's biggest environmental problems. The discovery could result in a recycling solution for millions of tonnes of plastic bottles, made of polyethylene terephthalate, or PET, which currently persists for hundreds of years in the environment. ... more
+ UK to ban sale of plastic straws to tackle marine waste
+ Kitchen cabinets could leach harmful chemical compounds into the air
+ UK designer Christopher Raeburn transforms the unexpected
+ Fresh clashes as anti-capitalists attempt to rebuild French camp
+ Swamp microbe has pollution-munching power
+ World shipping industry agrees to halve carbon emissions by 2050
+ Researchers accidentally engineer plastic-eating enzyme
Dragon boat accident kills 17 in southern China
Beijing (AFP) April 21, 2018
Seventeen people were killed Saturday after two dragon boats capsized in southern China, state-run Xinhua news agency said. Rowers on board the two long, narrow kayak-like boats were practising for a race in Taohua River in the city of Guilin when the accident occurred Saturday afternoon, tipping some 60 people into the water. Around 40 people were pulled out of the water alive with resc ... more
+ Fears for Rohingya as first rains flood Bangladesh camps
+ Italy, Greece to launch plan to identify missing migrants
+ Portable device to sniff out trapped humans
+ How does one prepare for adverse weather events? Depends on your past experiences
+ California rejects initial National Guard border plan
+ Nature-based solutions can prevent $50 billion in Gulf Coast flood damages
+ UN Security Council to visit Myanmar, Bangladesh, Iraq
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