Oil News and Gas News
April 27, 2018
OIL AND GAS
The market future is uncertain, Total says



Washington (UPI) Apr 26, 2018
Though crude oil prices are hovering near $70 per barrel, French supermajor Total said the market for crude oil may be bogged down by chronic uncertainty. The price for Brent crude oil was marching toward $75 per barrel early Thursday. With U.S. President Donald Trump expected to renege on the Iranian nuclear deal, the market is primed to carry a substantial premium and push Brent even higher. Brent has traded around $70 since the start of the second quarter in April on the back of an ex ... read more

OIL AND GAS
Shell touts offshore momentum in quarterly report
Washington (UPI) Apr 26, 2018
Adding more opportunities in the offshore sector is part of the effort to retool the evolving portfolio for Royal Dutch Shell, its chief financial officer said. ... more
OIL AND GAS
U.S. extends comment period for Beaufort Sea drilling
Washington (UPI) Apr 26, 2018
Concerned parties have another 30 days to weigh in on U.S. plans to open up the Arctic waters off the coast of Alaska to drillers, the government said. ... more
OIL AND GAS
Momentum working in DNO's favor in Kurdish Iraq
Washington (UPI) Apr 26, 2018
Higher crude oil prices means forward momentum for operations in the Kurdish north of Iraq and an expanding network of assets, Norway's DNO said. ... more
OIL AND GAS
Iraq grants oil exploration permits near Iran and Kuwait
Baghdad (AFP) April 26, 2018
Iraq's oil ministry said Thursday it has granted licences to explore oil blocs in zones bordering Iran for the first time in half a century. ... more


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OIL AND GAS
Iran risk sends oil prices higher
Washington (UPI) Apr 26, 2018
Renewed uncertainty over a deal that lets Iranian crude oil flow through the market helped trigger a strong rally in crude oil prices on Thursday. ... more
OIL AND GAS
Feinstein: Higher fuel economy standards are a good thing
Washington (UPI) Apr 26, 2018
The Trump administration should brace itself for years of litigation should it downgrade fuel economy standards for vehicles, a California senator said. ... more
OIL AND GAS
Progress noted for BP's Mad Dog oil giant offshore U.S.
Washington (UPI) Apr 26, 2018
Work for BP is geared toward linking one of the largest fields in the U.S. Gulf of Mexico to a floating production unit, a services company said. ... more
OIL AND GAS
Minnesota clears path for Enbridge oil pipeline
Washington (UPI) Apr 24, 2018
With certain conditions, a judge in Minnesota backed a plan by Canadian oil shipper Enbridge to replace an aging oil pipeline with a bigger one. ... more
OIL AND GAS
Energy markets mixed on higher U.S. crude oil inventories
Washington (UPI) Apr 25, 2018
Oil prices were mixed Wednesday on signs of declining U.S. petroleum inventories and the possibility the United States will extend the Iran nuclear deal. ... more
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OIL AND GAS
Norway's Statoil attributes production gains to the United States
Washington (UPI) Apr 25, 2018
Norwegian energy major Statoil said its average equity production for the first quarter was up 6 percent year-on-year, driven mostly by its U.S. work. ... more
OIL AND GAS
Tullow Oil keeps offshore Africa expectations static
Washington (UPI) Apr 25, 2018
Robust production from an evolving basin off the coast of Ghana in West Africa wasn't enough to change the outlook for the year, Tullow Oil said. ... more
OIL AND GAS
Libyan oil production moves higher for Hess Corp
Washington (UPI) Apr 25, 2018
Production from Libyan assets during the first quarter of the year expanded exponentially from last year's levels, U.S. energy company Hess Corp. said. ... more
OIL AND GAS
Iraq launches production at southern gas field
Baghdad (AFP) April 25, 2018
Iraq said Wednesday it had launched commercial production at its Siba gas field in the southern province of Basra in a joint venture with Kuwaiti, Turkish and Egyptian firms. ... more
OIL AND GAS
Trade talks continue between oil-rich Iran and Russia
Washington (UPI) Apr 25, 2018
After hinting at a possible free-trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports. ... more


Bangladesh receives first LNG cargo

OIL AND GAS
Sunlight works against oil clean-up efforts
Washington DC (SPX) Apr 26, 2018
Oil spills, whether minor leaks or major environmental disasters, are bound to happen. Chemical dispersants are one of the tools that can help mitigate the impact of such spills, but they become les ... more
OILGASDAILY



OIL AND GAS
Shell holds tight to shale basin in Argentina
Washington (UPI) Apr 24, 2018
The Vaca Muerta shale formation in Argentina has substantial growth potential remaining, Shell said Tuesday after it unloaded its downstream business. ... more
OIL AND GAS
U.S. exporting more oil, but that could change
Washington (UPI) Apr 24, 2018
Market conditions are right for more U.S. oil exports, but that could change on seasonal factors and uncertainty about consumer demand, a market report found. ... more
OIL AND GAS
Weatherford takes a loss in the first quarter
Washington (UPI) Apr 24, 2018
Following its industry peer, Schlumberger, oilfield services company Weatherford said its revenue for the first quarter was lower despite the robust market. ... more
OIL AND GAS
Oil prices stuck on now-what questions
Washington (UPI) Apr 24, 2018
Crude oil prices were searching for direction in early Tuesday trading as geopolitical risk tugged against potential risks on the demand side. ... more
OIL AND GAS
High gas prices not yet crimping demand
Washington (UPI) Apr 24, 2018
Higher retail gasoline prices in the United States aren't doing much yet to crimp demand, which is testing multi-year highs, a market reports find. ... more
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Carbon capture could be a financial opportunity for US biofuels
Stanford CA (SPX) Apr 24, 2018
Although considered critical to avoiding catastrophic global warming, the feasibility of removing carbon dioxide from the atmosphere and storing it underground - known as negative emissions - has been in question. "There's really no scenario that meets the world's climate goals without negative emissions," said Katharine Mach, a senior research scientist at Stanford's School of Earth, Ener ... more
+ Wood formation model to fuel progress in bioenergy, paper, new applications
+ Research shows how genetics can contribute for advances in 2G ethanol production
+ 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
Nanoparticle breakthrough could capture unseen light for solar energy conversion
Berkeley CA (SPX) Apr 24, 2018
An international team of scientists has demonstrated a breakthrough in the design and function of nanoparticles that could make solar panels more efficient by converting light usually missed by solar cells into usable energy. The team, led by scientists at the U.S. Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab), demonstrated how coating tiny particles with orga ... more
+ Neutrons point to increased performance for hybrid perovskite solar cells
+ Organic solar cells reach record efficiency, benchmark for commercialization
+ New York announces solicitation for large scale renewable energy
+ Sea of solar panels turns Mexican desert green
+ New production concept for building-integrated solar modules drastically reduces costs
+ Lockheed Martin and Rovsing collaborate to bring solar array simulators to market
+ Energy conversion: Optical 'overtones' for solar cells


US renewables firm takes Poland to court over U-turn on windmills
Warsaw (AFP) April 24, 2018
A US renewable energy group Invenergy said on Tuesday it had begun international arbitration against Poland, claiming it stands to lose hundreds of millions of dollars (euros) after the EU country reneged on its commitments to build wind farms. Between 2005 and 2015, Invenergy built 11 wind farms in Poland, investing "hundreds of millions of dollars of equity capital to develop and construc ... more
+ New control strategy helps reap maximum power from wind farms
+ Alberta proposes more renewable energy incentives
+ 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
Balancing nuclear and renewable energy
Argonne IL (SPX) Apr 26, 2018
Nuclear power plants typically run either at full capacity or not at all. Yet the plants have the technical ability to adjust to the changing demand for power and thus better accommodate sources of renewable energy such as wind or solar power. Researchers from the U.S. Department of Energy's (DOE) Argonne National Laboratory and the Massachusetts Institute of Technology recently explored t ... more
+ Framatome receives two patent awards for nuclear innovations
+ Quake hits near Iran nuclear power plant
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Surviving climate change, then and now
Montreal, Canada (SPX) Apr 22, 2018
Trade and social networking helped our Homo sapiens ancestors survive a climate-changing volcanic eruption 40,000 years ago, giving hope that we will be able to ride out global warming by staying interconnected, a new study suggests. Analyzing ancient tools, ornaments and human remains from a prehistoric rock shelter called Riparo Bombrini, in Liguria on the Italian Riviera, archeologists ... more
+ Saskatchewan province goes to court to fight Canada carbon tax
+ In southern Iraq, drought tightens its grip
+ California to 'whiplash' between drought, floods: study
+ China may avoid 94,000 deaths with climate policies: study
+ Michael Bloomberg pledges $4.5m to Paris climate deal
+ Trudeau urges nations to make Paris climate deal 'reality'
+ Unusual climate during Roman times plunged Eurasia into hunger and disease
China's electric carmakers bloom at Beijing auto show
Beijing (AFP) April 26, 2018
Auto executives from across the globe are plugging their plans for an electric car future in China at the Beijing auto show, but they will find their Chinese counterparts are already motoring ahead. Local carmakers and upstarts flaunted their latest plug-in models at the industry extravaganza this week, from sedans to SUVs and futuristic supercars fitted with the latest gadgets. While Am ... more
+ Global carmakers show off SUVs, electrics as China pledges reforms
+ Volkswagen makes 15-bn-euro bet on EVs in China; Auto show opens
+ Can fish school cars in how to drive together?
+ Head of Tesla Autopilot project leaves for Intel
+ Faster EV chargers to allay range anxiety
+ Global carmakers gear up for China's auto show as sector opens
+ German police arrest Porsche manager over diesel scandal


Iraqi PM takes election campaign to Kurdish capital
Arbil, Iraq (AFP) April 26, 2018
Prime Minister Haider al-Abadi on Thursday took his campaign for Iraq's May 12 elections to the capital of the autonomous Kurdistan region, seven months after its ill-fated independence referendum. "Today we are all under the tent of Iraq, and whoever wants separation will be torn apart by hyenas," he said on arrival at the airport in Arbil where he was greeted by his Iraqi Kurdish counterpa ... more
+ IS threatens Iraq polling stations ahead of vote
+ Iraq says it killed 36 'IS terrorists' in Syria raid
+ 14 Saddam-era officials still jailed in Iraq
+ 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
US Air Force tests missile in California
Washington (AFP) April 25, 2018
The US Air Force on Wednesday test launched an unarmed Minuteman III intercontinental ballistic missile from Vandenberg Air Force Base in California, officials said. According to a statement from Air Force Global Strike Command, the missile took off at 5:26 am (12:26 GMT) and was successful. "A reliable test launch occurs when a test missile launches, completes its flight path within a d ... more
+ Trump says 3 or 4 dates possible for Kim Jong Un summit
+ Hopes for peace as Kim takes historic step to inter-Korean summit
+ N. Korea's Kim sees off train returning dead Chinese tourists: KCNA
+ Nuclear radiation detecting device could lead to new homeland security tool
+ Seven decades of danger and detente between two Koreas
+ At UN, Iran offers dialogue to end 'hegemonic illusions'
+ Experts doubt N. Korea nuke test site collapse claims
Daily Newsletters - Space - Military - Environment - Energy

'Eradicate the tumours': Chinese civilians drive Xinjiang crackdown
Moyu County, China (AFP) April 26, 2018
The civilian group descended on the village under government instructions to "win the people's hearts", but it also had a darker mission: identifying and punishing threats to the Chinese state. Four months after the Communist Party sent the "work team" to Akeqie Kanle, a fifth of its adult population - over 100 people - had disappeared into detention and re-education centres. The team ... more
+ Plan for new 'Hong Kong Town' in mainland China sparks backlash
+ Kim's 'bitter sorrow' as N. Korea bus crash kills 32 Chinese tourists
+ China doctor detained over 'poison' tonic comments released
+ China arrests alleged associates of runaway tycoon
+ China's 'men only' job culture slammed in new report
+ Spain accuses CaixaBank of laundering Chinese money
+ #IamGay backlash a rare win for China's LGBT community
Double curse: After drought, Kenya's Dadaab refugee camps hit by floods
Dadaab, Kenya (AFP) April 27, 2018
The children can't believe their luck: storms and showers have turned their dirt football pitch into a lake. Youngsters scamper and splash through the murky water, chasing one another, leaping and laughing. Any entertainment is welcome in Dadaab, one of the biggest refugee bases in the world. An estimated 235,000 people, most of them Somalis, live a bleak life largely defined by drought, dus ... more
+ Climate change not the key driver of human conflict and displacement in East Africa
+ Pentagon addressing Niger attack issues: Mattis
+ Nuggets of contention: Chinese mine gold in Cameroon
+ Climate change mitigation project threatens local ecosystem resilience in
+ US urges Nigeria to change tactics against Boko Haram
+ Boko Haram kills three Chadian soldiers
+ US, Nigeria hold military summit in Abuja


Lockheed contracted for F-35 support for Navy, Italy
Washington (UPI) Apr 26, 2018
Lockheed Martin has been awarded a contract from the U.S. Navy for services in support of the F-35 Lightning II joint strike fighter. The deal, announced Wednesday by the Department of Defense, is valued at more than $38.4 million, which is a modification to a previous award. The contract from Naval Air Systems Command provides additional funds and enables Lockheed Martin for "lo ... more
+ Northrop Grumman to support Japan's E-2C Hawkeye
+ State Dept. approves $1.2B sale of helicopters, missiles to Mexico
+ Northrop to repair technology on Hawkeyes, Lockheed to upgrade C-130 aircraft
+ 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
China warns US against causing 'damage' to trade in Huawei probe
Beijing (AFP) April 26, 2018
China warned the United States on Thursday against harming trade after a report that US authorities had opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies. A US Justice Department probe would come on the back of subpoenas issued to the company by the US Commerce and Treasury Departments over sanctions-related issues, according to the Wall Stree ... more
+ Apple, Ireland strike deal on 13-billion-euro tax payment
+ Labor unions face hard road in Silicon Valley
+ US trade officials to visit China soon, Trump says
+ Canada's Freeland skips NATO to pursue NAFTA deal
+ Rare Modigliani nude sets world record $150m estimate
+ Greek president rejects soldier swap with Turkey
+ World Bank shareholders approve $13 bln capital increase
Daily Newsletters - Space - Military - Environment - Energy

Macron: Meeting Dalai Lama would spark 'crisis' with China
Washington (AFP) April 25, 2018
French President Emmanuel Macron on Wednesday rejected the prospect of meeting with the Dalai Lama, saying doing so without consulting Beijing first would trigger a "crisis" with China's government. Macron, speaking at a town hall with George Washington University students in the US capital at the tail end of his state visit, said he met in Paris with the "very inspiring" exiled Tibetan spir ... more
+ Bolton, Mattis meet at Pentagon
+ The tamer tamed -- who wins in the Trump-Macron friendship?
+ France's Macron ends visit with speech to US Congress
+ New US envoy Pompeo takes Trump spending message to NATO
+ US Commerce Secretary calls China 2025 plan 'frightening'
+ China, India leaders to hold summit after border row
+ Merkel in Washington to make Germany heard again


Trump environment chief grilled by Congress amid ethics scandals
Washington (AFP) April 26, 2018
US President Donald Trump's Environmental Protection Agency chief on Thursday received a tongue-lashing by members of Congress alarmed by mounting ethical scandals surrounding his tenure, with Democrats demanding his resignation. EPA Administrator Scott Pruitt has faced several weeks of criticism over spending taxpayer dollars for first-class travel, construction of a sound-proof booth in hi ... more
+ Heavy security as Philippines closes Boracay to tourists
+ Microplastics in Arctic sea ice - 'nowhere is immune'
+ Philippines police hold riot drills as Boracay closure challenged
+ 'Maximum' security as Philippines readies Boracay shutdown
+ BHP, Vale given extension to settle Brazil mine disaster claim
+ Nigerians demand air quality data over pollution fears
+ Engineering a plastic-eating enzyme
One dead, 16 injured after chemical leak at Czech plant
Prague (AFP) April 26, 2018
One man died and 16 were injured in a toxic phenol leak at a chemical plant in the northwestern Czech city of Decin on Thursday, rescuers said. "One man in serious condition, who was already resuscitated on the spot, died at an intensive care unit this afternoon," Ivo Chrastecky, spokesman for the Krajska zdravotni company running hospitals in the region, told AFP. The injured, who inhal ... more
+ Ukraine says Chernobyl remains an 'open wound' 32 years on
+ Going home to Chernobyl ghost town 32 years on
+ Chernobyl disaster zone lures tourists as visitor numbers boom
+ Iraq to rebuild iconic Mosul mosque destroyed in IS fight
+ Dragon boat accident kills 17 in southern China
+ Billions to rebuild post-quake Nepal being misdirected
+ 11 migrants dead, 263 rescued off Libya coast: navy
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