Oil News and Gas News
May 17, 2018
OIL AND GAS
Total says it will have to leave Iran without sanctions waivers



Washington DC (UPI) May 16, 2018
French energy company Total said Wednesday it may have to leave an Iranian gas project unless it gets concessions from the U.S. government. U.S. President Donald Trump reinstated sanctions on Iran last week, signaling an end to the U.S. involvement in the U.N.-backed agreement that gave Tehran room to maneuver in the energy sector in exchange for nuclear commitments. The U.S. government had acknowledged those sanctions pressures could spill over to European companies and set a 180-day clock tic ... read more

OIL AND GAS
Equinor, formally Statoil, opens trading on the Oslo exchange
Washington DC (UPI) May 16, 2018
Shares in Equinor, the company formally known as Statoil, started trading Wednesday for the first time on the Oslo stock exchange, it announced. ... more
OIL AND GAS
A downturn in demand forecasts sends oil prices lower
Washington DC (UPI) May 16, 2018
Crude oil prices turned lower in early Wednesday trading after the International Energy Agency said the market was creating economic headwinds. ... more
OIL AND GAS
Maintenance drags oil output lower for Norway
Washington DC (UPI) May 16, 2018
Oil production from Norway, one of the main suppliers to the European economy, turned lower last month on maintenance issues, the government said. ... more
OIL AND GAS
North Sea oil field reaches peak production rate
Washington DC (UPI) May 16, 2018
Expect strong returns now that production from the Catcher oil field in the British waters of the North Sea has accelerated, Premiere Oil said Wednesday. ... more


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OIL AND GAS
Russia, Austria review fate of Nord Stream 2 pipeline
Washington DC (UPI) May 16, 2018
Progress on the second phase of the Nord Stream pipeline to Europe was the focus of talks with Austrian energy company OMV, Russia's Gazprom said. ... more
OIL AND GAS
For oil, the next concerns are geopolitical, the IEA says
Washington DC (UPI) May 16, 2018
Geopolitical issues are drawing the market focus away from more fundamental issues like supply and demand metrics, the International Energy Agency said. ... more
OIL AND GAS
Enbridge: Michigan oil pipeline needs reinforcement
Washington DC (UPI) May 16, 2018
A pipeline system running through northern Michigan waters was dented by an April maritime incident and requires reinforcement, pipeline company Enbridge said. ... more
OIL AND GAS
Canada says ready to compensate pipeline builder for losses
Ottawa (AFP) May 16, 2018
Canada pledged Wednesday to compensate the builder of a controversial oil pipeline in British Columbia for any losses that may result from political delays. ... more
OIL AND GAS
'Call me Equinor': Statoil changes name
Oslo (AFP) May 16, 2018
Norway's largest oil company Statoil officially changed its name to Equinor on Wednesday as it forges ahead with its drive into renewable energy. ... more
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OIL AND GAS
MENA mixed on hydrocarbons and renewables
Washington (UPI) May 15, 2018
Middle East economies are advancing on the renewable energy front as costs decline, but are balanced by a thirst for fossil fuels, a development bank said. ... more
OIL AND GAS
Cairn moving toward first barrels of oil from Senegal
Washington (UPI) May 15, 2018
Tenders for the floating infrastructure that will help add new barrels of oil to the market from Senegal are expected by month's end, Cairn Energy said. ... more
OIL AND GAS
Russia considering sanctions busters
Washington (UPI) May 15, 2018
With its oil and gas sector under pressure from sanctions, the speaker of the Russian house said legislation could easily protect national interests. ... more
OIL AND GAS
Gas prices close to a psychological threshold
Washington (UPI) May 15, 2018
With oil prices rising after President Trump's decision on Iran, gas prices are approaching a psychological threshold for most consumers, analysis shows ... more
OIL AND GAS
After slump, oil and gas exporter Norway sees economy stabilize
Washington (UPI) May 15, 2018
The petroleum component of the Norwegian economy contributed to first quarter growth after a drop off in the fourth quarter, the government said. ... more


Venezuela, Iran weighing on oil market: IEA

OIL AND GAS
Preparatory works start on disputed Russian gas pipeline
Moscow (AFP) May 15, 2018
Preparatory work for the construction of a controversial Russian gas pipeline began off the German coast on Tuesday, just days ahead of a visit to Moscow by German chancellor Angela Merkel. ... more
OILGASDAILY



OIL AND GAS
TechnipFMC: LNG work an emerging boon
Washington (UPI) May 10, 2018
The increased activity in the liquefied natural gas market bodes well for services companies that cater to onshore and offshore work, TechnipFMC stated. ... more
OIL AND GAS
Oil firm, indigenous tribe protect vast Canada boreal forest
Ottawa (AFP) May 15, 2018
An indigenous tribe and a major oil company, along with Canada's government carved out Tuesday a new boreal forest conservation area to abut protected lands now twice Belgium's size. ... more
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. ... 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
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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
+ World's strongest bio-material outperforms steel and spider silk
+ 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
NYSERDA Announces $10 Million Available to Launch New Cleantech Accelerator
Albany NY (SPX) May 17, 2018
The New York State Energy Research and Development Authority (NYSERDA) has announced that the state is seeking proposals from organizations to operate a new statewide cleantech accelerator to help bring cutting-edge, innovative technologies to the marketplace. Up to $10 million is available to launch an accelerator which supports Governor Andrew M. Cuomo's nation leading clean energy goals ... more
+ Kyocera TCL Solar Completes 29MW Solar Power Plant on Repurposed Land in Japan
+ Team achieves two-electron chemical reactions using light energy, gold
+ NEXTracker sales surge for Series 6 Mounting Systems across 600MW of new projects
+ French energy group ENGIE built up by renewables
+ 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


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
+ Schwarzenegger urges Trump to 'join us' on climate action
+ Projecting climate change along the Millennium Silk Road in a warmer world
+ Lives in the balance as UN debates climate finance
+ 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
How even one automated, connected vehicle can improve safety and save energy in traffic
Ann Arbor MI (SPX) May 15, 2018
Connected cruise control uses vehicle-to-vehicle communication to let automated vehicles respond to multiple cars at a time in an effort to save energy and improve safety. University of Michigan researchers have demonstrated its effectiveness on public roads, even when just one automated vehicle is moving among human-driven cars. Vehicle-to-vehicle communication, or V2V, refers to th ... more
+ Tesla reorganizing to speed up production
+ Finnish robot car aims for 24/7 driving - also sees through fog
+ Tesla chief defends self-driving cars after new crash
+ Tesla sets up Shanghai firm as it expands China presence
+ BMW to be first foreign firm to test self-driving car in China
+ VW 'contests' report boss knew of diesel cheating risk
+ US investigating battery fire in fatal Tesla crash


Marriage a distant dream for many in Iraq's Mosul
Mosul, Iraq (AFP) May 17, 2018
Khulud yearns to be swept away by a "prince charming", but like many young Iraqis in the former jihadist stronghold of Mosul she worries she may never marry. "I haven't found a husband or a job - my life consists of household chores," says the 24-year-old university graduate, who feels increasingly trapped in her parents' home. "My older sister, who is 37, already has four children... I ... more
+ Iran allies round on surprise Iraq vote winner
+ As former US foe gains, Mattis 'stands with' Iraq election result
+ Fiery cleric, paramilitary leader surge at Iraq elections
+ Iraq rivals jostle for power after cleric Sadr's shock win
+ 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
N. Korea to join efforts for total nuclear weapons test ban
Geneva (AFP) May 15, 2018
North Korea plans to join international efforts to implement a total ban on nuclear weapons tests, it told the United Nations disarmament body Tuesday. "DPRK will join international desires and efforts for a total ban on nuclear tests," North Korea's ambassador to the UN in Geneva Han Tae-song said in an address to the Conference on Disarmament, using North Korea's official acronym. His ... more
+ UN nuclear test watchdog stands ready to visit North Korea
+ Iran FM in Moscow as Russia moves to save nuclear deal
+ EU leaders agree 'united approach' on Iran deal, trade
+ North Korea threatens to cancel US summit
+ Dismantling of N. Korea nuclear site 'well under way': US monitor
+ Trump says 'we'll see' as North Korea threatens to cancel summit
+ EU launches economic plan to save Iran nuclear deal
Daily Newsletters - Space - Military - Environment - Energy

N. Koreans visit Beijing to learn about China's reforms: ministry
Beijing (AFP) May 15, 2018
A North Korean delegation has visited Beijing to learn about China's experience in economic reform and opening up, the foreign ministry said Tuesday, the latest diplomatic outreach by the isolated regime. The Cold War-era allies have stepped up contacts in recent weeks as North Korean leader Kim Jong Un prepares for a historic summit with US President Donald Trump in Singapore on June 12. ... more
+ Hong Kong activists use Mao to promote democracy
+ US film explores legacy of anti-Chinese immigration law
+ 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
In Lagos, the 'Venice of Africa' fights for survival
Lagos (AFP) May 17, 2018
Its nickname is the "Venice of Africa" but, other than its maze of narrow waterways where wooden boats glide, Makoko offers little similarity with the fabled canal city of Europe. Makoko, to be blunt, is an environmental eyesore. It is a vast slum of wooden shacks built on stilts in the brackish, blackish, thickly-polluted lagoon in the heart of Lagos, Africa's biggest megapolis. The spr ... more
+ Wildfires may cause long-term health problems for endangered orangutans
+ Savanna chimpanzees suffer from heat stress
+ DR Congo park suspends tourism after kidnapping and murder
+ US military reviews Somalia raid after five killed
+ Kidnapped UK tourists in DR Congo released
+ Ex-Gambia generals deny desertion
+ Lake Victoria biodiversity being 'decimated': conservationists


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
+ Taking Air Travel to the Streets, or Just Above Them
+ Airborne Tactical contracts for subsonic, supersonic simulation aircraft
+ US Air Force orders stand-down for safety review
+ As US military air crash toll rises, lawmaker calls for probe
+ 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
US's Mnuchin to lead trade talks with China
Washington (AFP) May 16, 2018
US Treasury Secretary Steven Mnuchin will lead trade talks with China due to take place on Thursday and Friday as the countries try to head off a trade war. "These meetings are a continuation of the talks held in Beijing two weeks ago and will focus on rebalancing the United States-China bilateral economic relationship," the White House said in a statement. The US has threatened to impos ... more
+ China spots problems with US cars, pork as trade talks loom
+ China's industrial output jumps but sales slump
+ Trump administration faces crunch week on trade
+ HSBC, ING banks announce blockchain first
+ Trump administration faces crunch week on trade
+ US Iran sanctions to target auto, aircraft sectors first: French govt source
+ Trump pledges to safeguard Chinese telecoms jobs
Daily Newsletters - Space - Military - Environment - Energy

EU's Tusk hits out at Trump's 'capricious assertiveness'
Sofia (AFP) May 16, 2018
EU chief Donald Tusk hit out at US President Donald Trump on Wednesday, accusing Washington of "capricious assertiveness" in abandoning the Iran nuclear deal and imposing trade tariffs on Europe. "Looking at the latest decisions of President Trump, someone could even think with friends like that who needs enemies," Tusk told reporters in the Bulgarian capital Sofia before EU leaders met to d ... more
+ NATO 'condemns' Russia bridge to Moscow-annexed Crimea
+ Lithuania wants to jail ex-Soviet defence minister over crackdown
+ Turkish 'coup' officers 'afraid' to stay in Greece: lawyers
+ Turkey detains 150 soldiers over alleged coup links: report
+ Chinese tourists spark ire in Vietnam with controversial shirts
+ Clinton warns Australia on Chinese 'influence peddling'
+ India's Modi visits Nepal in bid to counter China influence


No time to waste: Moscow urged to recycle, not burn
Moscow (AFP) May 15, 2018
Protests have been growing in recent months over the stench from landfill sites around Moscow, overflowing with millions of tonnes of rubbish. Authorities have now decided on a plan to tackle the problem - generating energy by burning the waste instead. But their course of action has also sparked public fears over pollution. Russia produces almost 70 million tonnes of rubbish per ye ... more
+ Lead pollution in Greenland ice shows rise and fall of ancient European civilizations
+ Toxic water fears in Pakistan region infamous for deformities
+ 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
Hurricanes cost Caribbean tourism more than $700 mn: report
Miami (AFP) May 14, 2018
The tourism industry in the Caribbean region attracted almost one million fewer visitors after hurricanes Irma and Maria hit last year, costing it over $700 million, according to an industry study released Monday. "The hurricane season resulted in an estimated (loss) in 2017 of 826,100 visitors to the Caribbean, compared to pre-hurricane forecasts," said the report by the London-based World ... more
+ National Guard role expanding on border: US Homeland chief
+ US officials look to house migrant kids on military bases: report
+ The evolution of conflict resolution
+ Beijing urges ceasefire after deadly Myanmar border clashes
+ 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
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