Oil News and Gas News
May 14, 2018
OIL AND GAS
Texas rig activity up by more than 30 percent



Washington (UPI) May 11, 2018
Already home to about half of all the rig activity in the country, the Texas state government reported drilling permits jumped more than 30 percent. Texas is the No. 1 oil producer in the country. Total crude oil production for all of last year was around 1.2 billion barrels, up 3.3 percent from full-year 2016. According to Baker Hughes, the state accounts for about 50 percent of all rig activity in the country. Baker Hughes provides a weekly rig count, which serves as a loose barometer ... read more

OIL AND GAS
There may be some oil "wiggle room" on Iran
Washington (UPI) May 10, 2018
Though as much as 1 million barrels per day could be limited with the U.S. pullout of the Iranian deal, there could be some wiggle room, analysis found. ... more
OIL AND GAS
Namibia emerging as next West African oil frontier
Washington (UPI) May 10, 2018
Taking a stake in a deepwater oil prospect off the Namibian coast gives shareholders standing next to the biggest players, Canadian-focused Calima Energy said. ... more
OIL AND GAS
Some OPEC members are U.S. 'tools,' Iran says
Washington (UPI) May 11, 2018
There may be certain members of OPEC acting as "tools" for a U.S. government looking to capitalize on shale oil momentum, Iran's oil minister said. ... more
OIL AND GAS
Wood Group reaping benefits from merger
Washington (UPI) May 11, 2018
The team up with energy services company Amec Foster Wheeler is expected to yield significant benefits in the year ahead, British firm Wood Group said. ... more


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OIL AND GAS
Defense and energy can co-exist offshore, industry says
Washington (UPI) May 11, 2018
Oil and gas operations in parts of the U.S. Gulf of Mexico can coexist with national defense priorities, industry supporters said of a Pentagon review. ... more
OIL AND GAS
Malaysia could capitalize on oil prices
Washington (UPI) May 11, 2018
Malaysia's new government will need to act quickly to capitalize on any economic momentum from higher crude oil prices, an analyst said. ... more
OIL AND GAS
Alberta puts up pro-Trans Mountain signs in British Columbia
Washington (UPI) May 11, 2018
More than a half million dollars is designated for advocating for the Trans Mountain pipeline through billboards in British Columbia, Alberta's government said. ... more
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 J ... 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
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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
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
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
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


Shell announces total sale of shares in Canadian producer

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
OILGASDAILY



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
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
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
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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
Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017
Abu Dhabi, UAE (SPX) May 10, 2018
The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016, according to the latest figures released by the International Renewable Energy Agency (IRENA). According to the fifth edition of Renewable Energy and Jobs - Annual Review, launched at IRENA's 15th Council in Abu Dhabi this week, the total number of people employed in the sector ( ... more
+ 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
+ Harvesting clean hydrogen fuel through artificial photosynthesis
+ 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

Lives in the balance as UN debates climate finance
Bonn (AFP) May 9, 2018
Behind wrangling at UN climate talks over financial aid for poor countries dealing with increasingly extreme weather and bracing for worse to come, real-world projects that can save livelihoods - and sometimes lives - are queued up, waiting for approval and money. Rich countries are slowly opening the spigots to help reinforce coastlines sinking under rising seas, convert agriculture to dr ... more
+ In ancient rocks, scientists see a climate cycle working across deep time
+ Projecting climate change along the Millennium Silk Road in a warmer world
+ Earth's orbital changes have influenced climate, life for at least 215M years
+ 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
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'
+ Finnish robot car aims for 24/7 driving - also sees through fog
+ Uber shows off its vision for future 'flying taxi'
+ US environmental groups slam Ford over clean fuel stance
+ US investigating battery fire in fatal Tesla crash
+ In latest diesel woes, Audi flags new emissions 'irregularities'


Iraq says election candidate killed in family dispute, after IS claim
Baghdad (AFP) May 7, 2018
A parliamentary candidate was gunned down in northern Iraq Monday, with officials saying he was killed by his son in a family dispute after the Islamic State group claimed responsibility. Faruq Zarzur al-Juburi, 45, was shot dead at his home south of the city of Mosul at dawn, a local official told AFP, with the country on edge just days ahead of nationwide elections. The Islamic State g ... more
+ After war against IS, Iraq fighters target election victory
+ 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
US says Iran nuclear inspections must continue
Washington (AFP) May 11, 2018
The White House wants intrusive inspections of Iran's nuclear sites to continue despite President Donald Trump's withdrawal from a landmark accord on Tehran's atomic program, US officials have told AFP. Days after the US president walked away from a three-year-old deal that mandated rigorous scrutiny of Iranian facilities, senior administration officials said monitoring should continue regar ... more
+ N. Korea will never fully give up nuclear weapons: top defector
+ France urges Europe to act on 'unacceptable' US Iran sanctions
+ Iran pullout a blow to N. Korea hopes: analysts
+ Saudis will seek nuclear weapon if Iran does: minister
+ Iran FM in Moscow as Russia moves to save nuclear deal
+ Russian companies to benefit from US Iran withdrawal
+ US ready to offer North Korea security assurances, investment: Pompeo
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
Kidnapped UK tourists in DR Congo released
Goma, Dr Congo (AFP) May 13, 2018
Two British tourists who were kidnapped in the Democratic Republic of Congo have been freed, the UK government and Congolese park officials said Sunday. Their vehicle was attacked on Friday in the Virunga National Park in North Kivu province, a famed haven for gorillas and other endangered species. Their park guard was killed and their driver was also kidnapped and injured. The Brit ... more
+ Ex-Gambia generals deny desertion
+ 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


Boeing, Airbus, GE among biggest losers from US Iran shift
New York (AFP) May 8, 2018
US President Donald Trump's decision to withdraw from the Iran nuclear pact threatens new business for several big companies, including Boeing, Airbus and General Electric. The two aerospace giants were among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were lifted in the 2015 accord. Even amid this easing, Wash ... more
+ NASA, Uber to Explore Safety, Efficiency of Future Urban Airspace
+ Navy contracts for RQ-21A Blackjack sustainment
+ Bell Helicopter contracted for additional Fire Scout aircraft
+ Boeing to deliver support equipment for Poseidon aircraft
+ Boeing CEO champions free trade at Washington event
+ Boeing tapped for Super Hornet variant support
+ US Air Force orders stand-down for safety review
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
+ Wall Street banking giant JP Morgan looks to expand in China
+ China vice premier to visit US for more trade talks
+ Trump pledges to safeguard Chinese telecoms jobs
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Bitter pill for European leaders as Trump abandons Iran deal
Paris (AFP) May 8, 2018
Donald Trump's decision to pull out of the landmark 2015 deal curbing Iran's nuclear programme is a bitter pill to swallow for European leaders and risks a creating a major transatlantic rift. French President Emmanuel Macron, who has spent the past year cultivating the closest ties with Trump among EU leaders, made saving the Iran deal one of his priorities during his state visit to Washin ... more
+ Japan's Abe accepts China invite, but no date set
+ EU meets Balkan leaders under shadow of Trump
+ US jets intercept Russian bombers off Alaskan coast
+ Hanoi demands Beijing withdraw missiles from disputed islands
+ US, Philippine troops storm ashore in bulked-up drills
+ Russia shows off military hardware in Red Square parade
+ US-Philippine war games open under pro-China Duterte


Toxic water fears in Pakistan region infamous for deformities
Kot Assadullah, Pakistan (AFP) May 11, 2018
Basharat Ali was 15 when his legs began to falter, a condition doctors have blamed on polluted water in a Pakistani region infamous for the deformities that afflict many of its people. Too weak to carry his own schoolbag, he was taken to hospital, where doctors said water laden with toxic levels of arsenic, fluoride, minerals and various metals was to blame. "It was a big blow to me as I ... more
+ Mimicking a sweet solution to mop up pollution
+ Kanpur leads WHO blacklist of cities with worst air pollution
+ 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'
Beijing urges ceasefire after deadly Myanmar border clashes
Yangon (AFP) May 13, 2018
China on Sunday condemned fighting on its border between Myanmar forces and ethnic rebels that has left 19 dead, mostly civilians, in some of the worst bloodshed on the restive frontier in recent years. The fighting erupted on Saturday when ethnic minority insurgent groups, who are locked in a long-running battle with the Myanmar state, attacked security posts around Muse, a border town and ... more
+ During disasters, active Twitter users likely to spread falsehoods
+ Colombia truth commission to 'heal wounds' of war, president says
+ China resists push at UN for Myanmar probe of Rohingya attacks
+ 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
+ 17 dead in Myanmar jade mine landslide
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