Oil News and Gas News
May 07, 2018
OIL AND GAS
A potentially cheap, efficient and eco-friendly system for purifying natural gas



Washington DC (SPX) May 04, 2018
Fundamental researchers at the Colorado School of Mines have proposed a novel two-part system for separating impurities from natural gas in the Journal of Renewable and Sustainable Energy, from AIP Publishing. Natural gas primarily contains methane, but impurities in the gaseous mixture need to be removed before the methane can be put into the pipeline. The newly proposed purification system combines two separation methods and, in principle, promises to improve performance, reduce costs and diminish eco ... read more

OIL AND GAS
Oil prices drop on higher U.S. crude stockpiles, record production
Washington (UPI) May 3, 2018
Oil prices declined Thursday on reports of increased U.S. crude inventories and record production in the nation. ... more
OIL AND GAS
Oil prices move higher amid Iran deal uncertainty, low U.S. unemployment
Washington DC (UPI) May 04, 2018
Oil prices were trading higher after a strong jobs reports in the U.S. while awaiting a decision by President Donald Trump on the Iran nuclear deal. ... more
OIL AND GAS
DR Congo planning to allow oil exploration in national parks: NGO
London (AFP) May 4, 2018
Democratic Republic of Congo's government is seeking to reclassify swathes of two UNESCO-listed parks so that oil exploration can be carried out there, an investigative group said. ... more
OIL AND GAS
Canada oil sector faces 'significant challenges' to reduce emissions
Ottawa (AFP) May 4, 2018
Canada's oil industry faces "significant challenges" in reducing greenhouse gas emissions, which account for 26 percent of local emissions, but cuts are "essential" for meeting climate agreement targets, the Senate said Friday. ... more


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OIL AND GAS
It may be five years before Saudi oil production returns to historic levels
Washington (UPI) May 2, 2018
It could take five years for Saudi Arabian oil production to return to levels from two years ago and that leaves overall GDP constrained, Moody's said. ... more
OIL AND GAS
Utility inspection data leader Sharper Shape introduces new, powerful multi-sensor payload for manned helicopters
Grand Forks, ND (SPX) May 03, 2018
Sharper Shape, a leading provider of unmanned aerial utility inspection solutions, announced the global release of its latest product, the Heliscope 2.0. This new, on-board payload system expands th ... more
OIL AND GAS
Oil prices slip on signs of higher U.S. supplies
Washington (UPI) May 2, 2018
Oil prices moved lower early Wednesday as investors held their breath over possible supply-side strains, while the IMF warned of pressures in the Middle East. ... more
OIL AND GAS
Iran expects U.S. to walk away from nuclear deal
Washington (UPI) May 2, 2018
Saying the United States is likely to walk away from a U.N.-backed nuclear agreement next week, OPEC-member Iran said it was making budget preparations. ... more
OIL AND GAS
Gloves off over EPA proposal on fuel, emissions standards
Washington (UPI) May 2, 2018
The Trump administration's Environmental Protection Agency is setting itself up for a hard legal battle over fuel economy standards, a California Democrat said. ... more
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OIL AND GAS
Alberta to take investment message to Asia
Washington (UPI) May 2, 2018
A trade mission to Asia that includes meetings with a Chinese oil company gives Alberta the chance to showcase its assets, its trade minister said. ... more
OIL AND GAS
Anadarko Petroleum gets bounce after 2017 divestment
Washington (UPI) May 2, 2018
With the help from shale assets in the Lower 48 and output from the Gulf of Mexico, Anadarko Petroleum said it matched its record in production. ... more
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. ... 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


Gas prices could be testing a psychological tipping point

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
OILGASDAILY



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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Solar powered sea slugs shed light on search for perpetual green energy
New Brunswick NJ (SPX) May 04, 2018
In an amazing achievement akin to adding solar panels to your body, a Northeast sea slug sucks raw materials from algae to provide its lifetime supply of solar-powered energy, according to a study by Rutgers University-New Brunswick and other scientists. "It's a remarkable feat because it's highly unusual for an animal to behave like a plant and survive solely on photosynthesis," said Deba ... more
+ Novel approach for photosynthetic production of carbon neutral biofuel from green algae
+ Energy recovery of urban waste
+ Novel reaction could spark alternate approach to ammonia production
+ New catalyst turns ammonia into an innovative clean fuel
+ 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
Low-carbon energy transition requires more renewables than previously thought
Barcelona, Spain (SPX) May 07, 2018
The transition to a low-carbon energy society will require more renewable energy sources than previously thought if current levels of energy consumption per capita and lifestyles are to be maintained. This is one of the main conclusions of a study recently published in Nature Energy by Lewis King and Jeroen van den Bergh of the Institute of Science and Environmental Technology of the Universitat ... more
+ Renewable energy use accelerating, but progress is lacking
+ Harvesting clean hydrogen fuel through artificial photosynthesis
+ Bye Aerospace announces first flight of Sun Flyer 2
+ Bright future for solar cell technology
+ Harnessing synergies between solar energy, heat and mobility
+ How to assess new solar technologies
+ Research gives new ray of hope for solar fuel


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
Demonstration proves nuclear fission system can provide space exploration power
Cleveland OH (SPX) May 03, 2018
NASA and the Department of Energy's National Nuclear Security Administration (NNSA) have successfully demonstrated a new nuclear reactor power system that could enable long-duration crewed missions to the Moon, Mars and destinations beyond. NASA announced the results of the demonstration, called the Kilopower Reactor Using Stirling Technology (KRUSTY) experiment,during a news conference We ... more
+ Framatome and Vattenfall sign contracts for the delivery of fuel assembly reloads
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Atmospheric CO2 levels in April hit highest average ever recorded
Washington DC (UPI) May 04, 2018
For the month of April, carbon dioxide concentrations in Earth's atmosphere averaged more than 410 parts per million - a distressing first. Last year, a sensor at Hawaii's Mauna Loa Observatory recorded a CO2 reading above 410 ppm. It was the first time CO2 concentrations had been that high in millions of years. Now, for the first time, CO2 concentration averaged above the 410 m ... more
+ Total EU carbon emissions rise 1.8 percent last year: Eurostat
+ Dramatic action needed on climate change: UN
+ 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
Should ethics or human intuition drive the moral judgments of driverless cars?
Washington DC (SPX) May 04, 2018
When faced with driving dilemmas, people show a high willingness to sacrifice themselves for others, make decisions based on the victim's age and swerve onto sidewalks to minimize the number of lives lost, reveals new research published in open-access journal Frontiers in Behavioral Neuroscience. This is at odds with ethical guidelines in these circumstances, which often dictate that no life sho ... more
+ Former Volkswagen CEO Winterkorn indicted in US over 'Dieselgate'
+ Tesla reports narrower than expected losses, shares swerve
+ Pedal power: the rise of cargo bikes in Germany
+ Environmental impact of electric vehicles in China? It depends on how they are charged
+ California leads coalition against new car emissions standards
+ China's electric carmakers bloom at Beijing auto show
+ Global carmakers show off SUVs, electrics as China pledges reforms


Iraq's displaced forgotten in elections
Al-Khaldiyeh, Irak (AFP) May 6, 2018
While the election campaign is in full swing elsewhere in Iraq, the country's displaced camps holding hundreds of thousands of people barely register on the radars of those running for office. In "Camp Seven" in the western Anbar province not a single campaign poster can be seen appealing to those who have the right to cast their ballot at the parliamentary vote on May 12. The rows of ... more
+ Iraq speaker seeks pardon for Saddam's defence minister
+ Iraq's top Shiite authority urges voters not to re-elect 'corrupt' MPs
+ French IS wife goes on trial for terrorism in Iraq
+ In Mosul's ruins, Iraq election candidates vow bright future
+ US returns 3,800 smuggled artifacts to Iraq
+ Iraq communists march on May Day, confident ahead of polls
+ Iraq sentences 19 Russian women to life for joining IS: judiciary
Iran warns US it would regret quitting nuclear deal
Tehran (AFP) May 6, 2018
Iranian President Hassan Rouhani said on Sunday that if the United States quits the nuclear deal between Tehran and world powers then Washington would regret it "like never before". US President Donald Trump has threatened to abandon the agreement when it comes up for renewal on May 12, demanding his country's European allies "fix the terrible flaws" or he will re-impose sanctions. "If t ... more
+ China's foreign minister in N. Korea on rare visit
+ Netanyahu to meet Putin in Moscow, Boris goes to DC, Iran deal at flashpoint
+ Chinese FM met Kim Jong Un in N. Korea: Chinese foreign ministry
+ Iran threatens to quit nuclear deal if US walks away
+ Property boom in China border town as world warms to N. Korea
+ Iran envoy to UK warns it may scrap nuclear deal if US withdraws
+ After Obama, a Nobel prize for Trump -- or not so fast?
Daily Newsletters - Space - Military - Environment - Energy

China will continue to 'hold high the great banner of Marxism', Xi says
Beijing (AFP) May 4, 2018
Chinese president Xi Jinping pledged Friday his country will keep following Marxism, as the world's largest communist party prepares to mark the 200th birthday of Karl Marx. China will continue to "hold high the great banner of Marxism" and the party will forever remain "guardians and practitioners" of the philosophy, Xi said during an official tribute at Beijing's Great Hall of the People. ... more
+ US scolds China over 'Orwellian' airline demands
+ Crackdown shakes Chinese city's 'Little Africa'
+ Hong Kong pro-democracy lawmaker arrested over phone grab
+ Hong Kong youth groups reject PLA foot drill pressure
+ Chinese laureate's widow willing to 'die at home' in protest
+ Out for the count? Hong Kong's battered independence movement
+ Dominican Republic breaks with Taiwan to establish ties with China
Ex-Gambia generals deny desertion
Banjul, Gambia (AFP) May 2, 2018
Two renegade generals who followed ex-Gambia president Yahya Jammeh into exile pleaded not guilty on Wednesday to a charge of desertion brough by the military. General Umpa Mendy and General Ansumana Tamba sought refuge in Equatorial Guinea alongside Jammeh in January 2017 after his brutal 22-year rule came to an end. They were arrested at the beginning of the year, shortly after they re ... more
+ Lake Victoria biodiversity being 'decimated': conservationists
+ Double curse: After drought, Kenya's Dadaab refugee camps hit by floods
+ Pentagon addressing Niger attack issues: Mattis
+ In first for Tunisia, police and soldiers head to polls
+ 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


French, US navy pilots train in the skies over Virginia
Oceana, United States (AFP) May 3, 2018
With a deafening roar, French Rafale fighter jets and US F-18s take to the skies over Naval Air Station Oceana in Virginia. Warplanes from the two countries are training here under an unusual arrangement while France's only aircraft carrier, the Charles de Gaulle, undergoes major renovations. "We need to practice what it's like flying from an aircraft carrier, and any way we can do that ... more
+ U.K. to receive Apache helicopter hardware from Lockheed
+ Navy taps Boeing to support Poseidon for Australian air force
+ Pentagon shells out $1.4B for services on F-35 air systems
+ Nine aboard US military plane destroyed in fiery crash
+ Boeing awarded contract to provide Korea with Apache helicopters
+ Lockheed Martin wins F-35 software sustainment contract
+ Grumman awarded $209M for Large Aircraft Infrared Countermeasures
Banks don't want to be weakest link in blockchain revolution
London (AFP) May 6, 2018
Blockchain, the cutting-edge technology behind virtual currencies like bitcoin, has the potential to play a disruptive role in the global finance sector, experts say, as banking behemoths seek to connect with its opportunities. While banks could reduce their costs, the gains could eventually shift to consumers who could benefit from quicker and cheaper services. "Any disruptive shock - ... more
+ Critical US-China trade talks enter second day in Beijing
+ Critical US-China trade talks end in Beijing
+ HSBC reports $4.76 bn pre-tax profit in first quarter
+ US, China dampen expectations as trade talks open
+ Trump says China 'spoiled' by trade wins over US
+ US, China dampen expectations as trade talks open
+ US hopeful about China talks to resolve trade dispute
Daily Newsletters - Space - Military - Environment - Energy

EU defence gets 20 billion euro budget boost
Brussels (AFP) May 2, 2018
The EU on Wednesday announced plans to spend nearly 20 billion euros on defence over its next long-term budget, as the bloc seeks to boost its resilience to the perceived threat from Russia. After decades of failed attempts, EU members signed a defence cooperation agreement in December, spurred to action by Russia's annexation of Crimea in 2014 and claims of state-sponsored cyberattacks. ... more
+ New collision between Greek, Turkish ships in Aegean
+ Britain backs French plan for European defence force: minister
+ Beijing slams Macron warning on Chinese 'hegemony'
+ White House warns China of 'consequences' for military buildup
+ Turk arrested after crossing border into Greece: police
+ Sanctions force Russia to cut defence spending: study
+ Macron warns over China dominance in Indo-Pacific


Kanpur leads WHO blacklist of cities with worst air pollution
Lucknow, India (AFP) May 2, 2018
Residents of Kanpur reacted with dismay Wednesday after the Indian city was found to have the worst air quality in a global World Health Organization survey that urged the nation to clean up its act. Fourteen Indian cities, led by the northern metropolis known for its leather and shoe industries, feature in the 15 cities with the dirtiest air in the WHO's global list. The capital New Del ... more
+ Mongolians sip 'oxygen cocktails' to cope with smog
+ Scientists: Impact of discarded munitions on ocean ecosystems unclear
+ India's top court slams govt over Taj Mahal decay
+ Nine out of 10 people breathing polluted air: WHO
+ After the gold rush: Mining boom in Cameroon leaves 'open tombs'
+ French ravers accused of damaging nature zone
+ Slowdown in US air quality gains: study
Rescuers search for three Polish miners after deadly quake
Warsaw (AFP) May 6, 2018
Rescuers were struggling to locate three missing miners on Sunday after finding one crushed to death and locating another trapped after an earthquake hit a coal mine in the country's south, a mining official said. Some 200 miners involved in the rescue were working in sweltering heat around a kilometre (0.6 miles) beneath the surface to find the three missing miners after one was found dead. ... more
+ 17 dead in Myanmar jade mine landslide
+ Honduras regrets loss of US protection status for its nationals
+ India storm toll of death and devastation rises
+ Before the flood arrives
+ 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
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