Oil News and Gas News
May 24, 2018
OIL AND GAS
U.S. energy dominance might not translate to market influence



Washington (UPI) May 23, 2018
U.S. oil and natural gas abundance has a positive impact on the global energy market, but it doesn't move the market itself, a Brookings scholar testified. U.S. President Donald Trump has been a vocal supporter of the oil and gas sector in the country. As part of his "Make America Great Again" slogan, the president said energy dominance was a vital strategy for a country on pace to become a global production leader. In his national security strategy, the administration said the U.S. role ... read more

OIL AND GAS
Slower growth signs drag on oil prices
Washington (UPI) May 23, 2018
A forecast of slower growth in the world's advanced economies and signs of a possible OPEC blink contributed to a downturn in crude oil prices early Wednesday. ... more
OIL AND GAS
Upstream efforts put North Sea find closer to production
Washington (UPI) May 23, 2018
A rig contract to explore parts of a North Sea discovery could put it one step closer to production at the start of the decade, an oil and gas company said. ... more
OIL AND GAS
Mixed sentiment on British offshore licensing round
Washington (UPI) May 23, 2018
The British government declared success in its latest offshore auction, but the devil may be in the details given the prospects for production declines. ... more
OIL AND GAS
G7 says OPEC-member Venezuela missed an opportunity
Washington (UPI) May 23, 2018
An OPEC member in part behind a spike in crude oil prices causing economic concern, Venezuela missed a chance by re-electing President Maduro, G7 leaders said. ... more


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OIL AND GAS
Momentum builds behind giant Australian oil and gas prospect
Washington (UPI) May 23, 2018
The Australian government has signed off on the environment permits to survey what could be its largest untapped oil and gas reserve, a project partner said. ... more
OIL AND GAS
Santos rejects takeover offer from U.S.-based Harbour Energy
Washington (UPI) May 22, 2018
Talks with U.S.-based Harbour Energy were terminated after shareholders rejected a full-stock takeover offer, Australian energy company Santos said. ... more
OIL AND GAS
Gas prices could be impacting U.S. travel plans
Washington (UPI) May 22, 2018
Gas prices this coming Memorial Day weekend will be the highest in four years and likely start to dent the summer travel season, industry experts said. ... more
OIL AND GAS
Supply-side triple shock sends oil prices higher
Washington (UPI) May 22, 2018
Forecasts of lower U.S. crude oil inventories, on top of fears of a lack of supply from Iran and Venezuela, pushed oil prices higher in early Tuesday trading. ... more
OIL AND GAS
Alaska sees LNG potential with Chinese trade mission
Washington (UPI) May 22, 2018
With trade tensions easing between the world's leading economies, Alaska's governor said cooperating in the energy sector could reduce them even further. ... more
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OIL AND GAS
Iran boasts of higher oil revenue
Washington (UPI) May 22, 2018
Iranian revenue from crude oil sales increased substantially during the first month of the Iranian calendar year because of higher oil prices, a spokesman said. ... more
OIL AND GAS
Texas energy sector wants steel tariff relief
Washington (UPI) May 22, 2018
Washington should give exemptions on steel tariffs to foreign trading partners to offset the negative impacts on the oil sector, a Texas trade group said. ... more
OIL AND GAS
British Columbia sues Alberta in escalating Canada pipeline row
Ottawa (AFP) May 22, 2018
Canada's westernmost province sued its neighbour on Tuesday to try to stop it from turning off oil and gas taps in an escalating row over a proposed pipeline expansion. ... more
OIL AND GAS
Five dead in attack on Afghan pipeline project
Washington (UPI) May 21, 2018
At leave five people were left dead in Afghanistan while clearing mines from the route of a planned natural gas pipeline, Afghan media reported Monday. ... more
OIL AND GAS
Australia's Santos mulling sweeter offer from Harbour
Washington (UPI) May 21, 2018
Australian energy company Santos said Monday it would consider a takeover proposal for U.S.-based Harbour Energy, sweetened by 4.6 percent over the week. ... more


Russia may revisit inflation targets

OIL AND GAS
Oil prices caught between U.S. policies on Iran, China
Washington (UPI) May 21, 2018
Oil prices moved slightly higher in early Monday trading on easing U.S.-Chinese trade tensions, but could rally higher on heightened U.S.-Iranian tensions. ... more
OILGASDAILY



OIL AND GAS
Iran expects oil production challenges
Washington (UPI) May 21, 2018
It may be difficult for Tehran to continue pursuing oil production benchmarks in the face of possible sanctions pressure, the Iranian oil minister said. ... more
OIL AND GAS
British lawmakers take up fracking policy
Washington (UPI) May 21, 2018
British ministers are set to review whether or not guidance on domestic hydraulic fracturing is up to day, the British Parliament said Monday. ... more
OIL AND GAS
Study finds no evidence of natural gas from fracking in Ohio drinking water
Cincinnati OH (SPX) May 21, 2018
A study of drinking water in Appalachian Ohio found no evidence of natural gas contamination from recent oil and gas drilling. Geologists with the University of Cincinnati examined drinking wa ... more
OIL AND GAS
China's CEFC threatens to sue Czech firm amid debt debacle
Prague (AFP) May 18, 2018
The Prague-based European unit of Chinese private energy group CEFC on Friday threatened to sue a Czech firm that took it over citing CEFC's failure to pay debts. ... more
OIL AND GAS
Oil prices losing grip on $80 ceiling
Washington (UPI) May 18, 2018
After making a run at $80 per barrel this week, crude oil prices were mixed early Friday amid concerns about the economic consequences of the bull market. ... more
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24/7 War News Coverage



Advanced biofuels can be produced extremely efficiently, confirms industrial demonstration
Gothenburg, Sweden (SPX) May 24, 2018
A chance to switch to renewable sources for heating, electricity and fuel, while also providing new opportunities for several industries to produce large numbers of renewable products. This is the verdict of researchers from Chalmers University of Technology, Sweden, who now, after ten years of energy research into gasification of biomass, see an array of new technological achievements. "T ... more
+ Technique doubles conversion of CO2 to plastic component
+ New catalyst upgrades greenhouse gas into renewable hydrocarbons
+ Scientists have deciphered the chemical reaction mechanism critical for cleaner combustion
+ Key enzyme for production of second-generation ethanol discovered in Brazilian Amazon
+ World's strongest bio-material outperforms steel and spider silk
+ Toward organic fuel cells with forest fuels
+ Solar powered sea slugs shed light on search for perpetual green energy
Germany's E.ON explores solar development with Google
Washington (UPI) May 18, 2018
With eyes on being the leader in the German solar sector, utility E.ON said its work with Google would make it easier for homeowners to assess solar options. Through the so-called Sunroof platform, E.ON has been working with the internet giant to make it easier for European homeowners to see how they can adopt solar power. "All you have to do is enter your address online," the Ge ... more
+ ABC Solar Seeking Legal Funds from CrowdJustice.com for Monopoly Abuse Fight
+ Large-scale solar shines in Queensland during record year
+ Recurrent Energy Secures Financing and Tax Equity Investment for North Carolina Project
+ NYSERDA Announces $10 Million Available to Launch New Cleantech Accelerator
+ Team achieves two-electron chemical reactions using light energy, gold
+ Kyocera TCL Solar Completes 29MW Solar Power Plant on Repurposed Land in Japan
+ NEXTracker sales surge for Series 6 Mounting Systems across 600MW of new projects


European wind energy generation potential in a warmer world
London, UK (SPX) May 21, 2018
The UK and large parts of northern Europe could become windier if global temperatures reach 1.5 degrees C above pre-industrial levels, according to a new study. This has implications for wind energy generation among other things. The results suggest that wind could be a more important source of energy generation than previously thought, with stronger winds across the UK. The research team ... more
+ New York to world's largest offshore wildlife aerial survey
+ German utility E.ON sees renewable sector growth
+ 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
Framatome to provide Dominion Energy with steam generator services
Washington DC (SPX) May 22, 2018
Framatome signed a multimillion-dollar contract with Dominion Energy to provide steam generator services to the company's entire nuclear reactor fleet. Scheduled to take place during eight outages from 2018 to 2020, the inspection and maintenance work will support the continued generation of low-carbon electricity from the Dominion fleet. At nuclear energy facilities, steam generators play ... more
+ Supreme Court to rule on largest uranium deposit in US
+ Nuclear Waste Management Organization Signs Co-Operation Agreements With International Partners
+ Demonstration proves nuclear fission system can provide space exploration power
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Climate change in Quebec equals a much greater diversity of species?
Montreal, Canada (SPX) May 21, 2018
A team of researchers believe that, paradoxically, climate change may result in Quebec's national and provincial parks becoming biodiversity refuges of continental importance as the variety of species present there increases. They used ecological niche modeling to calculate potential changes in the presence of 529 species in about 1/3 of the protected areas in southern Quebec almost all of ... more
+ Schwarzenegger urges Trump to 'join us' on climate action
+ GRACE-FO Will Help Monitor Droughts
+ 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
China to cut auto tariffs on July 1 as trade tensions ease
Beijing (AFP) May 22, 2018
China announced Tuesday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States. Beijing has announced a flurry of liberalisations and reforms since coming under fire from the Trump administration and some European politicians for its protectionist policies. The planned reduction in import duties from 25 percent to 15 pe ... more
+ Uber hit with harassment suit following policy shift
+ Alternative vehicle sales stall in United States
+ Germany orders Porsche recall over diesel emissions cheating
+ Dealerships trash talk electric cars: study
+ US investigating battery fire in fatal Tesla crash
+ How even one automated, connected vehicle can improve safety and save energy in traffic
+ Tesla chief defends self-driving cars after new crash


Saudi urged not to turn Iraq into 'cold war' front with Iran
Dubai (AFP) May 22, 2018
Saudi Arabia should avoid turning Iraq into a "battleground in a cold war" with its regional rival Tehran, the International Crisis Group said on Tuesday. Iraq, located between Sunni-ruled Saudi Arabia and predominantly Shiite Iran, could undergo political change following an upset election victory by cleric Moqtada Sadr. The key populist Shiite leader, seen as resisting Iran's influence ... more
+ Nearly a year since fall of Iraq's Mosul, hunt for bodies goes on
+ Iraq cleric Sadr wants 'inclusive' coalition formed soon
+ Moqtada Sadr: fiery Iraq cleric who battled US
+ Marriage a distant dream for many in Iraq's Mosul
+ Marriage a distant dream for many in Iraq's Mosul
+ Iran allies round on surprise Iraq vote winner
+ As former US foe gains, Mattis 'stands with' Iraq election result
North Korea dismantles nuke test site; Trump cancels Summit
Seoul (AFP) May 24, 2018
North Korea said it had "completely" dismantled its nuclear test site Thursday in a carefully choreographed move portrayed by the isolated regime as a goodwill gesture ahead of a potential summit with US President Donald Trump. Invited foreign journalists at the scene described a series of explosions throughout the day, three of them in entry tunnels to the underground facility, followed by ... more
+ Merkel, Chinese premier defend Iran deal, free trade
+ Iran lays out nuclear deal red lines
+ Pompeo: North Korea wants US economic help
+ Iran says cannot 'interact' with US
+ Russian nuclear submarine test fires Bulava missiles: military
+ N. Korea slams 'ignorant and stupid' Pence, renews summit threat
+ N. Korea preps nuclear site demolition despite US summit doubts
Daily Newsletters - Space - Military - Environment - Energy

A shipwreck and an 800-year-old 'made in China' label reveal lost history
Chicago IL (SPX) May 23, 2018
Centuries ago, a ship sank in the Java Sea off the coast of Indonesia. The wooden hull disintegrated over time, leaving only a treasure trove of cargo. The ship had been carrying thousands of ceramics and luxury goods for trade, and they remained on the ocean floor until the 1980s when the wreck was discovered by fishermen. In the years since, archaeologists have been studying artifacts re ... more
+ Chinese Terracotta Warriors archaeologist dies aged 82
+ Hong Kong independence leader found guilty of rioting
+ Hong Kong's behind-closed-doors gay weddings
+ N. Koreans visit Beijing to learn about China's reforms: ministry
+ 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
12 civilians killed in Mali market attack
Bamako (AFP) May 20, 2018
At least 12 civilians were killed in northern Mali in an attack on a market that also involved the shooting of a Malian soldier, military sources said on Sunday. The attack took place Saturday in the town of Boulekessi near the border with Burkina Faso. "Malian troops under the G5 Sahel command are at the centre of this incident," a military source from the joint force of soldiers from f ... more
+ African nations vow to recover stolen assets
+ Pay-backs to Africa from the Paris Agreement's temperature targets
+ In Lagos, the 'Venice of Africa' fights for survival
+ Wildfires may cause long-term health problems for endangered orangutans
+ Savanna chimpanzees suffer from heat stress
+ Hippo excrement triggering fish kills in African rivers
+ DR Congo park suspends tourism after kidnapping and murder


Israel says first to use F-35 stealth fighter jets in combat
Jerusalem (AFP) May 22, 2018
The Israeli military has used its newly acquired F-35 stealth fighters in combat, making it the world's first to do so, the air force commander said Tuesday. "The Adir aircraft are already operational and flying combat missions," Major General Amikam Norkin said at a conference in central Israel, using the plane's Hebrew name. "In fact, we have performed the first operational F-35 strik ... more
+ Navy contracts Lockheed for F-35 training personnel, activities
+ Research examines wing shapes to reduce vortex and wake
+ Lockheed tapped to upgrade C-5 Galaxy systems
+ Taking Air Travel to the Streets, or Just Above Them
+ Airborne Tactical contracts for subsonic, supersonic simulation aircraft
+ Boeing, Airbus, GE among biggest losers from US Iran shift
+ US Air Force orders stand-down for safety review
Macron in Russia for high-stakes talks with Putin
Saint Petersburg (AFP) May 24, 2018
French President Emmanuel Macron will visit Saint Petersburg on Thursday to meet his Russian counterpart Vladimir Putin, with the Iran nuclear deal as well as conflicts in Syria and Ukraine on the agenda. The trip is Macron's first to Russia as president and follows a visit by German Chancellor Angela Merkel last week. Europe and Moscow are making diplomatic overtures to save the Iran deal, ... more
+ China denies setting target to cut US trade surplus
+ Macron presses tech giants on taxes, working conditions
+ Beijing hails Portugal's openness to Chinese investment
+ China expected to allow European beef 'in near future': EU
+ Rare bottles of whisky fetch record $1m each at Hong Kong auction
+ US, China back off on tariffs, easing trade tensions
+ EU seeks US trade detente after China reprieve
Daily Newsletters - Space - Military - Environment - Energy

Sweden puts out emergency war pamphlet amid Russia fears
Stockholm (AFP) May 21, 2018
The Swedish government on Monday presented an emergency pamphlet to prepare millions of citizens in the event of a war, natural disaster or cyber attack amid soaring tensions between Russia and the Western allies. Entitled "If Crisis or War Comes", the brochure is published in 13 languages at the request of the government and gives advice on how to take shelter, what foods to store and what ... more
+ U.S. sanctions could be seen as treasonous, Russia says
+ Chinese-Australian political donor 'linked to UN bribery scandal'
+ Beijing denies 'militarisation' of South China Sea
+ Pentagon pulls China's invite to Pacific naval exercises
+ Beijing's South China Sea bombers fly in the face of protests
+ Top Greek court grants refugee status to two Turkish officers
+ Chinese bank sells Trump dinner tickets for $150,000: report


Portuguese artist turns trash into animal sculptures
Lisbon (AFP) May 24, 2018
Broken crates and worn pipes pile up in the studio of Portuguese artist Bordalo II, who uses rubbish to create surprising animal sculptures to warn about the dangers of pollution. The bearded 31-year-old has decorated the Portuguese capital and other cities around the world with his colourful foxes, owls, monkeys and chameleons. In Lisbon, one of his best-known works is a four-metre (13- ... more
+ World's protected areas being rapidly destroyed by humanity
+ Researcher warns China's program 'riskiest environmental project in history'
+ People are pillaging the world's protected areas
+ EU chokes on own air quality standards
+ No time to waste: Moscow urged to recycle, not burn
+ Lead pollution in Greenland ice shows rise and fall of ancient European civilizations
+ Toxic water fears in Pakistan region infamous for deformities
An electronic rescue dog
Zurich, Switzerland (SPX) May 22, 2018
Trained rescue dogs are still the best disaster workers - their sensitive noses help them to track down people buried by earthquakes or avalanches. Like all living creatures, however, dogs need to take breaks every now and again. They are also often not immediately available in disaster areas, and dog teams have to travel from further afield. A new measuring device from researchers at ETH ... more
+ Brazil rescues African, Guyanese migrants drifting at sea
+ Latest shooting revives US arms control debate
+ National Guard role expanding on border: US Homeland chief
+ US officials look to house migrant kids on military bases: report
+ Beijing urges ceasefire after deadly Myanmar border clashes
+ Hurricanes cost Caribbean tourism more than $700 mn: report
+ During disasters, active Twitter users likely to spread falsehoods
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