Oil News and Gas News
May 10, 2018
OIL AND GAS
Riyadh offers oil assurances after U.S. walkout on JCPOA



Washington DC (UPI) May 10, 2018
With the United States reneging on the Iranian nuclear deal, Saudi Arabia is committed to ensuring oil market stability, its energy ministry said. I do not believe that continuing to provide JCPOA-related sanctions relief to Iran is in the national interest of the United States, President Donald Trump declared Tuesday afternoon. His decision on the Joint Comprehensive Plan of Action, the U.N.-backed agreement that allows Iranian oil to flow in exchange for commitments to moderate its nuclear ... read more

OIL AND GAS
Oil prices respond to U.S. move on Iran with surge
Washington DC (UPI) May 10, 2018
Crude oil prices were moving sharply higher Wednesday after the U.S. decision to leave the Iranian nuclear accord, though assurances were quick to emerge. President Donald Trump on Tuesday sig ... more
OIL AND GAS
Norway opens offshore areas to bidders
Washington (UPI) May 9, 2018
Norway's energy minister said Wednesday that bidders are invited to submit their applications for new oil and gas acreage on the Norwegian continental shelf. ... more
OIL AND GAS
Alberta steers funds toward oil sands emissions cuts
Washington (UPI) May 9, 2018
Alberta's oil-rich economy can have it both ways through a multimillion dollar effort to cut emissions from oil sands production, ministers said. ... more
OIL AND GAS
Expect more oil from Angola
Washington DC (UPI) May 10, 2018
Reaching a production plateau off the coast of Angola stabilizes output at more than 150,000 barrels of oil per day, Italian energy company Eni said. The company said Wednesday it reached a pr ... more


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OIL AND GAS
Shell announces total sale of shares in Canadian producer
Washington (UPI) May 8, 2018
The estimated $3 billion for the sale of the entire stake in a Canadian producer will help reduce a debt load, Royal Dutch Shell said Tuesday. ... more
OIL AND GAS
Saudi ready to raise oil supply after US pullout from Iran deal
Riyadh (AFP) May 9, 2018
Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures to prevent supply shortages following the US withdrawal from the Iran nuclear deal. ... more
OIL AND GAS
Key sales agreement reached for Alaskan LNG project
Washington (UPI) May 8, 2018
Foreign entity commitment to an Alaskan project meant to bring liquefied natural gas to the export market brings it closer to reality, the state governor said. ... more
OIL AND GAS
Iranian question mark hangs over U.S. gas prices
Washington (UPI) May 8, 2018
The steady rise in consumer gasoline prices in the United States is tapering off, but a question mark remains over the Iranian deal, analysts said. ... more
OIL AND GAS
Iranian jitters send oil prices lower
Washington (UPI) May 8, 2018
A Tuesday afternoon announcement on the Iranian nuclear deal by President Trump left oil prices on a downturn as investors waited in the wings. ... more
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OIL AND GAS
Weatherford continues industry team-work trend
Washington (UPI) May 8, 2018
The trend in upstream collaboration continued with Weatherford International announcing it would collaborate with a pump specialist. ... more
OIL AND GAS
Oil prices down in Asia as focus turns to Trump, equities rise
Hong Kong (AFP) May 8, 2018
Oil prices slipped in Asia on Tuesday morning from three-and-a-half-year highs as investors cautiously await Donald Trump's Iran nuclear decision later in the day. ... more
OIL AND GAS
Foreign appetite for U.S. oil growing, IEA finds
Washington (UPI) May 7, 2018
Most of the oil coming from U.S. shale basins will find its way out of the domestic market and into the Asian and European economies, analysis finds. ... more
OIL AND GAS
Putin: We survived the oil price collapse
Washington (UPI) May 7, 2018
With higher oil prices, the Russian economy is more stable and spinning value into real incomes for its people, its president told government employees. ... more
OIL AND GAS
Iranian-led panel said human error led to sinking of oil tanker
Washington (UPI) May 7, 2018
The Chinese vessel that hit an Iranian oil tanker in January failed to respond to concerns about its course, an Iranian-led investigation found. ... more


Iranian sanctions uncertainty drives oil prices higher

OIL AND GAS
Oil-frontier Gambia needs support, Europe says
Washington (UPI) May 7, 2018
To strengthen political progress, the government in Gambia, an emerging West African oil hotspot, needs international support, the European Commission said. ... more
OILGASDAILY



OIL AND GAS
Aker BP envisions zero-emission production offshore
Washington (UPI) May 7, 2018
Working alongside Norwegian major Statoil, a northern North Sea field complex will be the first to produce oil and gas with zero emissions, Aker BP said. ... more
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 ... 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
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Novel approach for photosynthetic production of carbon neutral biofuel from green algae
Turku, Finland (SPX) May 04, 2018
Reducing carbon emissions in order to prevent climate change requires developing new technologies for sustainable and renewable biofuel production. Molecular hydrogen is regarded as one of the most promising energy carriers due to its high energy density and clean, carbon-free use. A research group from the University of Turku, Finland, has discovered an efficient way for transforming sola ... more
+ Solar powered sea slugs shed light on search for perpetual green energy
+ 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
Harvesting clean hydrogen fuel through artificial photosynthesis
Ann Arbor MI (SPX) May 04, 2018
A new, stable artificial photosynthesis device doubles the efficiency of harnessing sunlight to break apart both fresh and salt water, generating hydrogen that can then be used in fuel cells. The device could also be reconfigured to turn carbon dioxide back into fuel. Hydrogen is the cleanest-burning fuel, with water as its only emission. But hydrogen production is not always environ ... more
+ Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017
+ California becomes first US state to require solar on new homes
+ meeco deploys solar powered electric bikes for Safari camps in Kenya
+ Asian markets have renewable energy edge
+ Low-carbon energy transition requires more renewables than previously thought
+ Renewable energy use accelerating, but progress is lacking
+ Bye Aerospace announces first flight of Sun Flyer 2


German utility E.ON sees renewable sector growth
Washington (UPI) May 8, 2018
In a market transitioning in a low-carbon way, German utility E.ON said Tuesday that its renewable energy segment saw earnings rise 7 percent. Adjusted net income for the first quarter was up 38 percent from the same period last year to $862 million. Its renewables division saw earnings increase by about 7 percent to $203 million. Across the board, the utility company said it add ... more
+ Germany's E.ON wants even bigger wind footprint
+ US renewables firm takes Poland to court over U-turn on windmills
+ 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
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

Earth's orbital changes have influenced climate, life for at least 215M years
Brunswick NJ (SPX) May 08, 2018
Every 405,000 years, gravitational tugs from Jupiter and Venus slightly elongate Earth's orbit, an amazingly consistent pattern that has influenced our planet's climate for at least 215 million years and allows scientists to more precisely date geological events like the spread of dinosaurs, according to a Rutgers-led study. "It's an astonishing result because this long cycle, which had be ... more
+ Lives in the balance as UN debates climate finance
+ In ancient rocks, scientists see a climate cycle working across deep time
+ Atmospheric CO2 levels in April hit highest average ever recorded
+ 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
Self-driving cars for country roads
Boston MA (SPX) May 10, 2018
Uber's recent self-driving car fatality underscores the fact that the technology is still not ready for widespread adoption. One reason is that there aren't many places where self-driving cars can actually drive. Companies like Google only test their fleets in major cities where they've spent countless hours meticulously labeling the exact 3D positions of lanes, curbs, off-ramps and stop signs. ... more
+ California lawmakers press for fuel economy standards
+ Will automated vehicles take the stress out of driving? Research says 'don't count on it'
+ Uber shows off its vision for future 'flying taxi'
+ US environmental groups slam Ford over clean fuel stance
+ In latest diesel woes, Audi flags new emissions 'irregularities'
+ Should ethics or human intuition drive the moral judgments of driverless cars?
+ Former Volkswagen CEO Winterkorn indicted in US over 'Dieselgate'


After war against IS, Iraq fighters target election victory
Basra, Iraq (AFP) May 8, 2018
Not long ago they were battling against the Islamic State group - now members of Iraqi paramilitary units have swapped the bullets for ballots as they compete in upcoming elections. Abdel Amir Najem was quick to sign up to fight when Iraq's top Shiite cleric Ayatollah Ali Sistani issued a call to arms back in 2014 to stop the rampaging jihadists. The former security officer was one of t ... more
+ Iraq says election candidate killed in family dispute, after IS claim
+ Iraq's displaced forgotten in elections
+ Iraq's top Shiite authority urges voters not to re-elect 'corrupt' MPs
+ Iraq speaker seeks pardon for Saddam's defence minister
+ 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
Iran implementing 'nuclear-related commitments' under deal: IAEA
Vienna (AFP) May 9, 2018
The UN nuclear watchdog confirmed Wednesday Iran is implementing "nuclear-related commitments" under its deal with world powers, a day after US President Donald Trump accused Tehran of lying about its nuclear ambitions. "As of today, the IAEA can confirm that the nuclear-related commitments are being implemented by Iran," Yukiya Amano, director-general of the International Atomic Energy Age ... more
+ Iran's possible responses to Trump's nuclear decision
+ Trump withdraws from Iran deal, defying allies
+ Europe, China defend Iran nuclear deal after US pullout
+ Pompeo in Pyongyang with detainees on agenda
+ European businesses in firing line of Iran sanctions
+ Japan, China, S. Korea search for agreement on Pyongyang
+ Iran pullout a blow to N. Korea hopes: analysts
Daily Newsletters - Space - Military - Environment - Energy

Former top Chinese Communist official jailed for life for bribery
Beijing (AFP) May 8, 2018
A former Chinese Communist Party official who was once tipped as a potential successor to President Xi Jinping was sentenced to life in prison for bribery on Tuesday, the latest senior cadre to fall in Xi's sweeping anti-corruption crusade. Sun Zhengcai, a former Politburo member and party chief of the southwestern mega-city of Chongqing, was found guilty of taking more than 170 million yuan ... more
+ Former top Chinese Communist official jailed for life for bribery
+ Crackdown shakes Chinese city's 'Little Africa'
+ Hong Kong pro-democracy lawmaker arrested over phone grab
+ China will continue to 'hold high the great banner of Marxism', Xi says
+ US scolds China over 'Orwellian' airline demands
+ Hong Kong youth groups reject PLA foot drill pressure
+ Chinese laureate's widow willing to 'die at home' in protest
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


Taking Air Travel to the Streets, or Just Above Them
Washington DC (SPX) May 08, 2018
There was a time when people and goods were moved through the crowded city on the ground, restricted to the busy street surfaces by necessity and gravity. So, inspired visionaries considered new ways to get about town and dreamt of innovative flying machines that could safely transport passengers and ship cargo within the urban jungle by rising above the congestion below. No, we're n ... more
+ NASA, Uber to Explore Safety, Efficiency of Future Urban Airspace
+ Boeing CEO champions free trade at Washington event
+ US Air Force orders stand-down for safety review
+ Boeing says it will follow US policy on Iran
+ Air Force picks three bases for B-21 Raiders
+ Boeing, Airbus, GE among biggest losers from US Iran shift
+ As US military air crash toll rises, lawmaker calls for probe
US tells German businesses to stop trade in Iran 'immediately'
Berlin (AFP) May 8, 2018
German businesses should immediately halt their operations in Iran following President Donald Trump's decision to pull out of the Iran nuclear deal, the US ambassador to Germany said Tuesday. "As @realDonaldTrump said, US sanctions will target critical sectors of Iran's economy. "German companies doing business in Iran should wind down operations immediately," tweeted newly-appointed R ... more
+ China factory gate inflation snaps five month drop in April
+ China vice premier to visit US for more trade talks
+ China moves to rope in its tech 'unicorns'
+ Critical US-China trade talks enter second day in Beijing
+ US, China dampen expectations as trade talks open
+ China's trade surplus with US grows
+ Banks don't want to be weakest link in blockchain revolution
Daily Newsletters - Space - Military - Environment - Energy

Britain backs French plan for European defence force: minister
Sofia (AFP) May 5, 2018
Britain is backing a French plan to create a European military intervention force as a way to maintain strong defence ties with the EU after Brexit, a minister told AFP on Saturday. British junior defence minister Frederick Curzon said London was "very keen to support" French President Emmanuel Macron's plan for a force that could be deployed rapidly to deal with crises. The force, known ... more
+ US, Philippine troops storm ashore in bulked-up drills
+ Bitter pill for European leaders as Trump abandons Iran deal
+ Japan's Abe accepts China invite, but no date set
+ Russia shows off military hardware in Red Square parade
+ US-Philippine war games open under pro-China Duterte
+ New collision between Greek, Turkish ships in Aegean
+ Beijing slams Macron warning on Chinese 'hegemony'


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
Colombia truth commission to 'heal wounds' of war, president says
Bogota (AFP) May 8, 2018
Colombian President Juan Manuel Santos installed a truth commission on Tuesday to shed light on crimes committed during the country's lengthy civil war, as agreed upon in a peace deal with the FARC guerrillas. The commission will "help heal the wounds accumulated during more than 50 years of conflict," Santos said during a ceremony at the presidential offices. Even though the full truth ... more
+ China resists push at UN for Myanmar probe of Rohingya attacks
+ 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
+ Rescuers search for three Polish miners after deadly quake
+ Before the flood arrives
+ Landslide in northern China kills 9
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