Oil News and Gas News
May 02, 2018
OIL AND GAS
Underground gas migration can trigger small earthquakes, study finds



Washington (UPI) May 1, 2018
Tectonic stress isn't the only cause of earthquakes. New research suggests small quakes can be triggered by natural gas rising underground. Researchers measured such an earthquake beneath the Maramara Sea, not far from Istanbul, Turkey. In the wake of an earthquake, the distribution of tectonic stress is altered. As a result, quakes are typically followed by a series of small quakes, or after-shocks. But when researchers analyzed seismic data from the 5.1 earthquake that shook the wester ... read more

OIL AND GAS
Acquisition contributes to Transocean loss
Washington (UPI) May 1, 2018
A net loss for the first quarter was attributed in part to the acquisition of rival Songa Offshore, which Transocean said supported its rig fleet. ... more
OIL AND GAS
ISIL activity is not funded by oil, study suggests
Oxford UK (SPX) May 01, 2018
Oil was never as important to ISIL terrorists as many thought, despite media reports of an oil-related income of as much as US $28 million a week, according to a new study in Energy Research and Soc ... more
OIL AND GAS
Gas prices could be testing a psychological tipping point
Washington (UPI) May 1, 2018
The U.S. average retail price for a gallon of gas is approaching a point where at least one analyst said last year there may be economic consequences. ... more
OIL AND GAS
Crude oil prices threaten to erase the Netanyahu premium
Washington (UPI) May 1, 2018
Anticipations of a build in U.S. crude oil inventories and reconsideration of an Iranian risk premium sent oil prices lower in early Tuesday trading. ... more


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OIL AND GAS
Iran: If we were Russians, we'd be OK
Washington (UPI) May 1, 2018
If Iranian oil and gas resources were flowing more extensively through the global market, it wouldn't be the target of Western ire, an Iranian director said. ... more
OIL AND GAS
Canadian pipeline fight may have U.S. consequences
Washington (UPI) May 1, 2018
Provincial disputes over plans to expand the capacity of the existing Trans Mountain oil pipeline could have U.S. consequences, analysis shows. ... more
OIL AND GAS
BP sees oil boosting quarterly figures, but looks ahead to renewables
Washington (UPI) May 1, 2018
New production from new projects contributed to one of the best quarters since 2014, when oil prices were over $100 per barrel, BP said Tuesday. ... more
OIL AND GAS
Russian Central Bank sees little risk from oil price volatility
Washington DC (UPI) Apr 30, 2018
In a decision Friday to keep its key rate static, the Central Bank of Russia said it was unwavering on its estimate of risk outlook tied to oil price volatility. The bank kept its key rate sta ... more
OIL AND GAS
U.S. GDP figures balance Korean Detente in oil markets
Washington DC (UPI) Apr 30, 2018
Mixed results for first quarter U.S. economic growth balanced against a waning risk premium from Korean Detente to keep oil prices in stable territory Friday. North Korean leader Kim Jong Un c ... more
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OIL AND GAS
Gazprom completes section of TurkStream pipeline
Washington (UPI) Apr 30, 2018
Components of a natural gas pipeline that will carry Russian reserves through Turkish waters are completed, Russian energy company Gazprom said. ... more
OIL AND GAS
Exxon: Papua New Guinea quake bruised quarterly figures
Washington DC (UPI) Apr 30, 2018
Dinged by a severe earthquake in Papua New Guinea, Exxon Mobil said Friday its production levels were down 6 percent when compared with last year. In its quarterly report, Exxon said Friday th ... more
OIL AND GAS
German utility EON makes Innogy offer public
Washington DC (UPI) Apr 30, 2018
German energy company E.ON said Friday it was making its share offer for rival Innogy final, putting the utility on its way to a leadership position in Europe. E.ON, the German utility, publis ... more
OIL AND GAS
Norway's Statoil selling off assets in North Sea
Washington (UPI) Apr 30, 2018
After reporting first quarter earnings below analyst expectations, Norwegian major Statoil announced it was selling off non-core assets in the North Sea. ... more
OIL AND GAS
Eni feels confident as long as oil prices hold above $55 per barrel
Washington DC (UPI) Apr 30, 2018
Italian energy company Eni said it would be cash neutral so long as oil prices hold above $55 per barrel, boasting its own net production was up from last year. I confirm the objective of cash ... more


One dead at Iranian gas field accident

OIL AND GAS
Abu Dhabi wraps off offshore spree
Washington (UPI) Apr 30, 2018
Wrapping up its offshore licensing round with a deal with Austria's OMV, the Emirati government said it's shown its commitment to generating resource value. ... more
OILGASDAILY



OIL AND GAS
Continental books room on shale gas network
Washington DC (UPI) Apr 30, 2018
More shale natural gas from basins in Oklahoma can find its way to the market with increased network access, shale producer Continental Resources said. Continental secured a transportation agr ... more
OIL AND GAS
More heat on British Columbia over Trans Mountain pipeline
Washington DC (UPI) Apr 30, 2018
The provincial government of British Columbia is wasting its time with legal challenges that could target the Trans Mountain oil pipeline, a trade group said. The provincial government this we ... more
OIL AND GAS
Offshore safety rules gain clarity, supporters say
Washington (UPI) Apr 30, 2018
Despite some criticism, proposed revision to rules regarding offshore safety will add a level of clarity that should help with enforcement, a trade group said. ... more
OIL AND GAS
Easing tensions, higher sector activity send oil prices lower
Washington (UPI) Apr 30, 2018
Easing in geopolitical risk, increased U.S. exploration activity and weaker gasoline demand in China all contributed to a drop in crude oil prices early Monday. ... more
OIL AND GAS
Cuba gives one of the permits needed for oil drilling
Washington (UPI) Apr 30, 2018
The Cuban government has signed off on an environment license that could pave the way to drilling for oil onshore, an Australian energy company said. ... more
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New catalyst turns ammonia into an innovative clean fuel
Kumamoto, Japan (SPX) Apr 30, 2018
Taking measures against climate change and converting into societies that use significant amounts of renewable energy for power are two of the most important issues common to developed countries today. One promising technology in those efforts uses hydrogen (H2) as a renewable energy source. Although it is a primary candidate for clean secondary energy, large amounts of H2 must be converte ... more
+ Carbon capture could be a financial opportunity for US biofuels
+ 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
Bright future for solar cell technology
Onna, Japan (SPX) Apr 30, 2018
Harnessing energy from the sun, which emits immensely powerful energy from the center of the solar system, is one of the key targets for achieving a sustainable energy supply. Light energy can be converted directly into electricity using electrical devices called solar cells. To date, most solar cells are made of silicon, a material that is very good at absorbing light. But silicon panels ... more
+ Research gives new ray of hope for solar fuel
+ Harnessing synergies between solar energy, heat and mobility
+ ABB Ability supports India's clean-energy future
+ How to assess new solar technologies
+ Nanoparticle breakthrough could capture unseen light for solar energy conversion
+ Neutrons point to increased performance for hybrid perovskite solar cells
+ New York announces solicitation for large scale renewable energy


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
Framatome and Vattenfall sign contracts for the delivery of fuel assembly reloads
Paris (SPX) Apr 30, 2018
Framatome will deliver, between 2021 and 2024, 10 reloads of fuel assemblies to the Swedish nuclear power reactors Forsmark 3* and Ringhals 3 and 4*, operated by Vattenfall. The contracts include additional options for two reloads for each reactor after 2024. Regarding the fuel reload of the Forsmark plant, the contract also provides, besides the use of the known ATRIUM 10 XM boiling water ... more
+ Balancing nuclear and renewable energy
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Dramatic action needed on climate change: UN
Paris (AFP) April 30, 2018
The world must redouble efforts to halt global warming before it is too late, the UN's climate chief said Monday as nearly 200 nations kicked off talks in Bonn. "Our window of time for addressing climate change is closing very quickly," Patricia Espinosa told journalists. "We need to dramatically increase our ambition." The 12-day technical talks are focused on hammering out an "operatin ... more
+ Scientists project a drier Amazon and wetter Indonesia in the future
+ Saskatchewan province goes to court to fight Canada carbon tax
+ In southern Iraq, drought tightens its grip
+ Surviving climate change, then and now
+ 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
Environmental impact of electric vehicles in China? It depends on how they are charged
Boston MA (SPX) May 02, 2018
Electric vehicles play a key role in China's plan to improve air quality and reduce CO2 emissions but, with the majority of China's electricity still coming from coal-fired power plants, many question just how effective this strategy will be. Now, researchers from Harvard University and Tsinghua University in Beijing found that private electric vehicles in China can have a positive effect ... more
+ China's electric carmakers bloom at Beijing auto show
+ Can fish school cars in how to drive together?
+ California leads coalition against new car emissions standards
+ Global carmakers show off SUVs, electrics as China pledges reforms
+ Volkswagen makes 15-bn-euro bet on EVs in China; Auto show opens
+ Head of Tesla Autopilot project leaves for Intel
+ Faster EV chargers to allay range anxiety


Iraq communists march on May Day, confident ahead of polls
Baghdad (AFP) May 1, 2018
Carrying red flags and posters of Karl Marx, hundreds of Iraqi communists marched Tuesday in Baghdad for May Day, convinced their joint list with Shiite leader Muqtada Sadr can win this month's election. In a joyful procession, demonstrators also waved the blue flags of their electoral list and chanted slogans like "Listen to the will of the people: reform and the end of corruption" and "The ... more
+ Iraq sentences 19 Russian women to life for joining IS: judiciary
+ Iraqi PM takes election campaign to Kurdish capital
+ 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
Kim, Moon commit to goal of complete denuclearisation
Seoul (AFP) April 27, 2018
The leader of nuclear-armed North Korea Kim Jong Un and the South's President Moon Jae-in said they were committed to the denuclearisation of the Korean peninsula after a historic summit Friday. "South and North Korea confirmed the common goal of realising, through complete denuclearisation, a nuclear-free Korean peninsula," they said in a joint statement. They also agreed that they woul ... more
+ Israel's Iran nuke 'proof' bolsters Trump scrapping deal
+ 'No credible indications' of Iran nuclear weapons programme after 2009: IAEA
+ South Korean president asks UN to verify closure of North's test site
+ S. Korea: US troop withdrawal not linked to possible peace treaty
+ Macron reiterates need to keep Iran nuclear deal
+ NATO chief hails Korea meet as 'encouraging' first step
+ Libya denuclearization model for N.Korea: Bolton
Daily Newsletters - Space - Military - Environment - Energy

Out for the count? Hong Kong's battered independence movement
Hong Kong (AFP) May 2, 2018
It was only two years ago that thousands gathered near government headquarters in the heart of Hong Kong for an energetic rally in support of independence from China. Today such scenes are unthinkable in the semi-autonomous city as Beijing ramps up pressure on any challenge to its sovereignty. The crackdown on independence campaigners has seen activists barred from standing for office an ... more
+ Knife attacker kills seven children, wounds 19 in China: official
+ China's Wanda opens its answer to Hollywood
+ Dominican Republic breaks with Taiwan to establish ties with China
+ 'Eradicate the tumours': Chinese civilians drive Xinjiang crackdown
+ 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
Lake Victoria biodiversity being 'decimated': conservationists
Geneva (AFP) April 30, 2018
Three quarters of freshwater species endemic to East Africa's Lake Victoria basin face the threat of extinction, conservationists said Monday, warning the biodiversity there was being "decimated". A fresh report backed by the International Union for Conservation of Nature (IUCN) assessed the extinction risk of 651 freshwater species like fish, molluscs, dragonflies, crabs and aquatic plants ... more
+ In first for Tunisia, police and soldiers head to polls
+ Double curse: After drought, Kenya's Dadaab refugee camps hit by floods
+ Pentagon addressing Niger attack issues: Mattis
+ Climate change not the key driver of human conflict and displacement in East Africa
+ 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


Grumman awarded $209M for Large Aircraft Infrared Countermeasures
Washington DC (UPI) Apr 12, 2018
Northrop Grumman has been awarded a modification to a previous contract to provide the U.S. Air Force and foreign customers with Large Aircraft Infrared Counter Measure, or LAIRCM, equipment and support. The contract, announced Wednesday by the Department of Defense, is valued at $209.7 million and increases the total value of the contract to $1.5 billion. Northrop Grumman is to ... more
+ Airbus and Dassault to team up on combat fighter
+ Ukraine offers to provide NATO with cargo aircraft
+ Lockheed Martin wins F-35 software sustainment contract
+ Lockheed contracted for F-35 support for Navy, Italy
+ 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
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
+ China prepares tech sector for battle as US trade team arrives
+ US hopeful about China talks to resolve trade dispute
+ Labor unions face hard road in Silicon Valley
+ Trump's tariff decision shows EU's strategic weight: analysts
+ Canada's Freeland skips NATO to pursue NAFTA deal
+ China manufacturing activity slows in April
+ Apple, Ireland strike deal on 13-billion-euro tax payment
Daily Newsletters - Space - Military - Environment - Energy

Sanctions force Russia to cut defence spending: study
Stockholm (AFP) May 2, 2018
Russia's military spending fell sharply in 2017 for the first time since 1998 as a slew of Western economic sanctions hit government coffers hard, a closely followed review said Wednesday. Despite soaring tensions between Moscow and the West, Russia's military expense last year came in at $66.3 billion (54.9 billion euros), 20 percent lower than in 2016, the Stockholm International Peace Res ... more
+ Macron warns over China dominance in Indo-Pacific
+ S. Korea, Japan, China to hold summit next week
+ Mattis applauds Macedonia effort to solve name dispute
+ New US envoy Pompeo takes Trump spending message to NATO
+ China, India leaders to hold summit after border row
+ Merkel in Washington to make Germany heard again
+ The tamer tamed -- who wins in the Trump-Macron friendship?


After the gold rush: Mining boom in Cameroon leaves 'open tombs'
Betare Oya, Cameroon (AFP) April 30, 2018
For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold. Today, abandoned with almost the same speed as it was coveted, the landscape is as dangerous as it is damaged, say campaigners. Around 100 deep holes lie around the village. Many of them are filled wi ... more
+ Thais rally against officials building homes on sacred mountain
+ Mongolians sip 'oxygen cocktails' to cope with smog
+ French ravers accused of damaging nature zone
+ Scientists: Impact of discarded munitions on ocean ecosystems unclear
+ India's top court slams govt over Taj Mahal decay
+ Slowdown in US air quality gains: study
+ Nine out of 10 people breathing polluted air: WHO
Before the flood arrives
Pasadena CA (JPL) Apr 30, 2018
River floods are one of the most common and devastating of Earth's natural disasters. In the past decade, deluges from rivers have killed thousands of people every year around the world and caused losses on the order of tens of billions of U.S. dollars annually. Climate change, which is projected to increase precipitation in certain areas of the planet, might make river floods in these places mo ... more
+ Landslide in northern China kills 9
+ Going home to Chernobyl ghost town 32 years on
+ One dead, 16 injured after chemical leak at Czech plant
+ Ukraine says Chernobyl remains an 'open wound' 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
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