Oil News and Gas News
May 25, 2018
OIL AND GAS
Russia shares oil market view with Saudi Arabia



Washington (UPI) May 24, 2018
Russia shares many of the same positions of Saudi Arabia when it comes to decision-making about the global oil market, the country's energy minister said. Russian Energy Minister Alexander Novak told reporters on the sidelines of the St. Petersburg International Economic Forum that the Kremlin was on the same page as Riyadh on oil. "I think we have a common position with Saudi Arabia, we have to look at the situation on the market, we have all the tools to promptly respond in terms of de ... read more

OIL AND GAS
No easy fix to higher gas prices in United States
Washington (UPI) May 24, 2018
Calls to tap into U.S. oil reserves to stave off spikes in retail gas prices make sense only to a point because of refinery limitations, an analyst said. ... more
OIL AND GAS
Economic, trade concerns drag oil prices lower
Washington (UPI) May 24, 2018
European concerns about broad-based economic volatility and fretting over supply-side shocks helped send crude oil prices sharply lower early Thursday. ... more
OIL AND GAS
Europe tries to correct Gazprom's behavior
Washington (UPI) May 24, 2018
Russian energy company Gazprom is obliged to address concerns about the price of natural gas for some regional markets, the European government said. ... more
OIL AND GAS
Possibility opens for LNG exports from Canadal
Washington (UPI) May 24, 2018
While formerly on the shelf, a pipeline that could feed a liquefied natural gas terminal in British Columbia can proceed, federal regulators said. ... more


Previous Issues May 24 May 23 May 22 May 21 May 19
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
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
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. ... 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
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
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
24/7 Disaster News Coverage
24/7 Technology News Coverage
24/7 China News Coverage



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


Iran boasts of higher oil revenue

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
OILGASDAILY



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
OIL AND GAS
Russia may revisit inflation targets
Washington (UPI) May 21, 2018
The target of metals and oil-related sanctions, a Russian Central Bank official said Monday it may revisit its inflationary targets for the year next month. ... more
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
24/7 Nuclear News Coverage
24/7 War News Coverage
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
Black Bear Energy And Usaa Real Estate Announce 2.4 Megawatt New Jersey Solar Project
Boulder CO (SPX) May 25, 2018
Black Bear Energy, the leading owner's representative for onsite renewables, and USAA Real Estate has announced that construction will start this month on a 2.4 megawatt (MW) solar array in Cranbury, New Jersey. The rooftop project will host onsite renewable solar facilities, creating both financial and environmental value for the asset. Black Bear Energy facilitated the project, and ... more
+ Germany's E.ON explores solar development with Google
+ LBA Realty's Battery Storage and LED Projects expected to deliver $1.9 million in Energy Savings
+ ABC Solar Seeking Legal Funds from CrowdJustice.com for Monopoly Abuse Fight
+ Quantum effects observed in photosynthesis
+ Recurrent Energy Secures Financing and Tax Equity Investment for North Carolina Project
+ Large-scale solar shines in Queensland during record year
+ NYSERDA Announces $10 Million Available to Launch New Cleantech Accelerator


U.S. Atlantic states eye offshore wind leadership
Washington (UPI) May 24, 2018
Several governors in U.S. states said they're taking the initiative in building up national recognition for leadership in renewable energy. "We're taking another step forward in rebuilding New Jersey's reputation as a leader in the development of clean energy sources while fulfilling a critical promise to foster our state's energy future," New Jersey Gov. Phil Murphy, a Democrat, said i ... more
+ European wind energy generation potential in a warmer world
+ 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
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
+ GE Hitachi Announces Dominion Energy as Investor in BWRX-300 Small Modular Reactor
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Dusty rainfall records reveal new understanding of Earth's long-term climate
Tucson AZ (SPX) May 25, 2018
Ancient rainfall records stretching 550,000 years into the past may upend scientists' understanding of what controls the Asian summer monsoon and other aspects of the Earth's long-term climate, reports a University of Arizona-led international team of researchers in the May 25 issue of the journal Science. The standard explanation of the Earth's regular shifts from ice ages to warm periods ... more
+ Climate change in Quebec equals a much greater diversity of species?
+ 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
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
+ Self-driving Uber saw woman 6 seconds before fatal crash: probe
+ Uber hit with harassment suit following policy shift
+ Alternative vehicle sales stall in United States
+ Dealerships trash talk electric cars: study
+ Germany orders Porsche recall over diesel emissions cheating
+ US investigating battery fire in fatal Tesla crash
+ How even one automated, connected vehicle can improve safety and save energy in traffic


Five dead in Baghdad cafe suicide bombing claimed by IS
Baghdad (AFP) May 24, 2018
At least five people were killed and several others wounded when a suicide bomber struck a cafe in Baghdad, police said Thursday, in a pre-dawn attack claimed by the Islamic State group. "A suicide bomber blew up his explosive belt while he was surrounded by police near a public garden in Al-Shoala district," a mainly Shiite northern neighbourhood of the capital, the statement by the securi ... more
+ Saudi urged not to turn Iraq into 'cold war' front with Iran
+ 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
Iran still implementing nuclear deal: IAEA
Vienna (AFP) May 24, 2018
Iran is still implementing the 2015 accord over its nuclear programme, just weeks after Washington ditched the accord, according to a report by the UN's nuclear watchdog. The International Atomic Energy Agency report, seen by AFP Thursday, shows that Iran is abiding by the deal's key restrictions on its nuclear facilities in return for relief from damaging economic sanctions. The latest ... more
+ North Korea dismantles nuke test site; Trump cancels Summit
+ Merkel, Chinese premier defend Iran deal, free trade
+ North Korea still open to US talks despite Trump summit cancellation
+ Iran lays out nuclear deal red lines
+ Torch Technologies tapped to support Space and Missile Defense Command
+ Pompeo: North Korea wants US economic help
+ UN chief calls for 'total elimination' of nuclear weapons
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
China, Russia rise in C. Africa as Western influence shrinks
Libreville (AFP) May 24, 2018
Russia and China are muscling their way into the Central African Republic as Western clout in the mineral-rich, strategically important nation seems to wane, analysts say. Ranked at the very bottom of the UN's 188-nation Human Development Index, CAR is mired in poverty and strife. Most of the country is in the hands of militia groups, and violence has prompted a quarter of its 4.5 million pe ... more
+ France to pump 65 million euros into African startups
+ 12 civilians killed in Mali market attack
+ 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


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
+ Lockheed tapped to upgrade C-5 Galaxy systems
+ Research examines wing shapes to reduce vortex and wake
+ 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
China denies setting target to cut US trade surplus
Beijing (AFP) May 24, 2018
China said Thursday it has not set a target to cut its trade surplus with the US but will seek to increase imports after the two sides stepped back from a potential trade war. Officials from Beijing were reported to have offered to slash the country's huge surplus by $200 billion during high-level talks last week - meeting a key Washington demand - by ramping up imports from the United Sta ... more
+ Macron presses tech giants on taxes, working conditions
+ Rare bottles of whisky fetch record $1m each at Hong Kong auction
+ Macron in Russia for high-stakes talks with Putin
+ EU seeks US trade detente after China reprieve
+ Merkel seeks united front with China amid Trump trade fears
+ New Washington-Beijing trade 'consensus' resolves little: analysts
+ Beijing hails Portugal's openness to Chinese investment
Daily Newsletters - Space - Military - Environment - Energy

Pentagon pulls China's invite to Pacific naval exercises
Washington (AFP) May 23, 2018
The Pentagon has pulled its invitation for China to join maritime exercises in the Pacific because of Beijing's "continued militarization" of the South China Sea, an official said Wednesday, in the latest sign of US-China strains. China hit back at the decision, calling it "very non-constructive" and saying it was taken without due reflection. Personnel from more than two dozen countries ... more
+ The rising tensions between China, US
+ U.S. sanctions could be seen as treasonous, Russia says
+ Chinese-Australian political donor 'linked to UN bribery scandal'
+ Beijing's Largest Island in Disputed South China Sea Island Has 400 Buildings
+ Beijing's South China Sea bombers fly in the face of protests
+ Top Greek court grants refugee status to two Turkish officers
+ Macron hails 'frank' talks with Putin in Russia


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
+ Humans may influence cancer in many other species on the planet
+ Researcher warns China's program 'riskiest environmental project in history'
+ World's protected areas being rapidly destroyed by humanity
+ 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
Arkema's Texas plant unprepared for Harvey floods, inquiry finds
Chicago (AFP) May 24, 2018
A US oversight agency said Thursday that a flooded Arkema chemical plant in Texas, where organic compounds ignited during last year's Hurricane Harvey, was inadequately prepared for a catastrophic flood. An investigation by the US Chemical Safety Board (CSB) found that the French multinational company's plant outside of Houston relied on the judgment of its employees rather than official fl ... more
+ Navy captain accused in deadly Tunisia migrant boat sinking
+ An electronic rescue dog
+ 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
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