Oil News and Gas News
May 15, 2018
OIL AND GAS
Oil-rich Alaska gavels in a way to cut a budget gap



Washington (UPI) May 14, 2018
Ending an extended session, state lawmakers in oil-rich Alaska reached a budget compromise that helped bridge a budget gap, the governor said. "Lawmakers in the House and Senate - Democrats, Republicans, and Independents - worked together to reach a budget compromise," Gov. Bill Walker said in a weekend statement. "I commend the Legislature for passing a budget on time, and addressing the vast majority of the budget deficit." A flurry of legislation moving since last week helped addres ... read more

OIL AND GAS
Russia commits to JCPOA following U.S. pullout
Washington (UPI) May 14, 2018
After exploring a free-trade agreement with Iran last month, Russia's president said Monday that Moscow remained committed to a joint nuclear deal. ... more
OIL AND GAS
US Navy sees 'period of uncertainty' in Gulf
Aboard Uss George H.W. Bush , United States (AFP) May 15, 2018
Iranian behavior in the Gulf is entering a "period of uncertainty," the head of the US Navy said Monday following President Donald Trump's decision to quit the Iran nuclear deal. ... more
OIL AND GAS
Statoil may disappear by Wednesday after vote on renaming
Washington (UPI) May 14, 2018
The ticker symbol for Norwegian energy major Statoil, STL, leaves the market this week when the company officially changes its name to Equinor, it said Monday. ... more
OIL AND GAS
Citing geopolitical risk, U.S. raises oil price forecast
Washington (UPI) May 10, 2018
A forecast for a $7 per barrel increase in the average price for oil this year was made before the U.S. left the Iranian nuclear deal, the government said. ... more


Previous Issues May 14 May 11 May 10 May 09 May 08
Advertise at Space Media Network Directed Energy And Next Generation Munitions - Jun 25-26 - On Line Event
DSI's 2nd DoD Hypersonic Capabilities Symposium Jul 20-21, 2020 Alexandria, VA
Human 2 Mars Summit - Washington DC - Aug 31 - Sep 01, 2020
Hypersonic Weapons Summit 2020 | Oct 28 - Oct 30 | Washington DC
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
Abu Dhabi commits billions to expand its refining capacity
(UPI) May 14, 2018
More than $45 billion in investments over the next five years could position the United Arab Emirates as a global refining powerhouse, its oil company said. ... more
OIL AND GAS
Russia's Rosneft reaps rewards from higher oil prices
Washington (UPI) May 14, 2018
Russian oil company Rosneft said Monday its revenue increased more than 20 percent from last year, even as its production levels declined. ... more
OIL AND GAS
Oil prices stuck in a holding pattern Friday
Washington (UPI) May 11, 2018
Crude oil prices were stuck in something of a holding pattern on Friday as the needle for geopolitical risk spins with no clear direction. ... more
OIL AND GAS
Easing trade tensions give slight boost to oil prices
Washington (UPI) May 14, 2018
Tighter oil markets and waning fears of a trade war between the United States and China helped push oil prices higher in early Monday trading. ... more
OIL AND GAS
Oman next up for LNG bunkering
(UPI) May 14, 2018
Natural gas from onshore basins in Oman could be used to develop a maritime fueling point for liquefied natural gas, French supermajor Total said. ... more
24/7 Disaster News Coverage
24/7 Technology News Coverage
24/7 China News Coverage



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. ... 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


Defense and energy can co-exist offshore, industry says

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
OILGASDAILY



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
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
24/7 Nuclear News Coverage
24/7 War News Coverage
24/7 War News Coverage



Toward organic fuel cells with forest fuels
Linkoping, Sweden (SPX) May 15, 2018
Researchers from the Laboratory of Organic Electronics at Linkoping University have developed a fuel cell that uses lignin, a cheap by-product from paper manufacture and one of the most common biopolymers. Approximately 25% of a tree is lignin - a biopolymer that glues the cellulose fibres together to form strong and durable wood. During the chemical manufacture of paper pulp this lignin i ... more
+ Solar powered sea slugs shed light on search for perpetual green energy
+ 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
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
+ Kyocera TCL Solar Completes 29MW Solar Power Plant on Repurposed Land in Japan
+ 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


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

GRACE-FO Will Help Monitor Droughts
Pasadena CA (JPL) May 15, 2018
You may not notice water in the ground under your feet, but it plays an important role in keeping you alive. Plants draw water from soil into their roots and use it to grow. If there's not enough, the resulting drought may have impacts that spread across local water supplies, regional agriculture and even international food prices. NASA's Gravity Recovery and Climate Experiment (GRACE) mis ... more
+ Lives in the balance as UN debates climate finance
+ Projecting climate change along the Millennium Silk Road in a warmer world
+ In ancient rocks, scientists see a climate cycle working across deep time
+ 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
Tesla reorganizing to speed up production
San Francisco (AFP) May 14, 2018
Tesla chief Elon Musk told employees Monday the electric carmaker is being reorganized to speed up production of Model 3 vehicles - a key to profitability at the fast-growing firm. "To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company," the memo obtained by AFP said. "As part of the reorg, we are flattening the managemen ... more
+ Self-driving cars for country roads
+ 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'
+ Tesla sets up Shanghai firm as it expands China presence
+ US environmental groups slam Ford over clean fuel stance


Fiery cleric, paramilitary leader surge at Iraq elections
Baghdad (AFP) May 14, 2018
An alliance headed by nationalist cleric Moqtada Sadr and a rival bloc of pro-Iranian former fighters appeared to surge Monday in surprise preliminary results from Iraq's first poll since the defeat of the Islamic State group. If confirmed, the outcome would throw open the race to become the next prime minister, as internationally favoured incumbent Haider al-Abadi lagged behind after a vote ... more
+ Iraq says election candidate killed in family dispute, after IS claim
+ 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
Iran FM in Moscow as Russia moves to save nuclear deal
Moscow (AFP) May 14, 2018
Iran's foreign minister said on a visit to Moscow Monday he was seeking "assurances" from the backers of the country's nuclear deal after the United States pulled out. Russia is trying to keep the landmark 2015 accord alive in the wake of US President Donald Trump's decision, pushing Moscow into rare cooperation with Europe. "The final aim of these negotiations is to seek assurances tha ... more
+ N. Korea will never fully give up nuclear weapons: top defector
+ Saudis will seek nuclear weapon if Iran does: minister
+ UK and France 'determined' to save Iran deal
+ UN nuclear watchdog's chief inspector resigns: agency
+ Worked to the bone: South Korea's elderly
+ US ready to offer North Korea security assurances, investment: Pompeo
+ N. Korea to destroy nuclear site ahead of US summit: KCNA
Daily Newsletters - Space - Military - Environment - Energy

US film explores legacy of anti-Chinese immigration law
Los Angeles (AFP) May 15, 2018
More than a century before President Donald Trump began blocking arrivals from the Middle East and Africa, the American immigration debate was already being forged in the crucible of Chinese exclusion. On May 6, 1882 - the eve of the greatest wave of immigration in US history - president Chester A. Arthur signed a history-making yet little-known piece of legislation called the Chinese Excl ... more
+ China approves $1 bn loan for Sri Lanka expressway
+ Hong Kong student leader draws fury in China over anthem
+ China defends treatment of Nobel dissident's widow
+ Former top Chinese Communist official jailed for life for bribery
+ 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
US military reviews Somalia raid after five killed
Washington (AFP) May 11, 2018
The US military's Africa Command said Friday it is reviewing a Somali-led raid after locals reported that five civilians had been shot dead. "We are aware of reports alleging civilian casualties resulting from this operation, and we take these reports seriously," AFRICOM said in a statement. "Africa Command will review any information it has about the incident, including any relevant inf ... more
+ Kidnapped UK tourists in DR Congo released
+ 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


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
+ Research examines wing shapes to reduce vortex and wake
+ NASA, Uber to Explore Safety, Efficiency of Future Urban Airspace
+ Navy contracts for RQ-21A Blackjack sustainment
+ Taking Air Travel to the Streets, or Just Above Them
+ Boeing CEO champions free trade at Washington event
+ Boeing tapped for Super Hornet variant support
+ US Air Force orders stand-down for safety review
China factory gate inflation snaps five month drop in April
Beijing (AFP) May 10, 2018
Chinese factory gate prices rose in April to snap five months of falling, data showed Thursday, but analysts said the downtrend would likely continue as government anti-pollution measures are lifted. Inflation hit a nine-year high in 2017 on restrictions of heavy industry production by authorities to curb air pollution during the winter months, as well as state efforts to slash excess indust ... more
+ Wall Street banking giant JP Morgan looks to expand in China
+ HSBC, ING banks announce blockchain first
+ China moves to rope in its tech 'unicorns'
+ Trump administration faces crunch week on trade
+ Trump pledges to safeguard Chinese telecoms jobs
+ Trump meets auto executives as NAFTA talks face deadline
+ Trump Indonesia project latest stop on China's Belt and Road
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
+ India's Modi visits Nepal in bid to counter China influence
+ 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


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
+ Lead pollution in Greenland ice shows rise and fall of ancient European civilizations
+ 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
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
+ Hurricanes cost Caribbean tourism more than $700 mn: report
+ During disasters, active Twitter users likely to spread falsehoods
+ Colombia truth commission to 'heal wounds' of war, president says
+ The evolution of conflict resolution
+ 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
Buy Advertising Media Advertising Kit Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, are Copyright 1995-2018 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement