Oil News and Gas News
May 30, 2018
OIL AND GAS
Oil prices mixed on trade strains and production gains



Washington (UPI) May 29, 2018
Major crude oil benchmarks were spread by as much as 2 percent in early Tuesday trading as trade uncertainty balanced an expected increase in production. Russian Energy Minister Alexander Novak said last week that parties to an effort steered by the Organization of Petroleum Exporting Countries may pull back from over-compliance in the second half of the year. Participating players, of which Russia is the largest non-OPEC member, are doing more than they need to under the terms of an agreement ... read more

OIL AND GAS
Even as first driving bans hit, Germany still clinging to diesel
Frankfurt, Germany (AFP) May 30, 2018
Hamburg will on Thursday become the first German city to ban older diesel vehicles from some highly polluted roads as public confidence in the once-loved technology goes up in smoke. ... more
OIL AND GAS
Pioneering oil and gas work begins offshore Lebanon
Washington (UPI) May 29, 2018
The first effort to pull oil and gas from the waters off the coast of Lebanon began Tuesday, less than a year after bids, the country's energy minister said ... more
OIL AND GAS
Revenue jumps from Russian oil producer Gazprom Neft
Washington (UPI) May 29, 2018
Russian oil producer Gazprom Neft said its first quarter revenue jumped 14.5 percent year-on-year, while production increased 1.1 percent. ... more
OIL AND GAS
Brazil cuts fuel prices amid strikes
Washington (UPI) May 29, 2018
The price of diesel in Brazil will be reduced for the next 60 days in an effort to bring striking truck drivers back to work, the nation's president said. ... more


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OIL AND GAS
Trans Mountain oil pipeline expansion to proceed
Washington (UPI) May 29, 2018
The federal Canadian government said Tuesday it reached an agreement that will see the expansion of the Trans Mountain oil pipeline finally take place. ... more
OIL AND GAS
Total pushing OPEC-member Angola back to life
Washington (UPI) May 29, 2018
A "new chapter" opened up in the deep waters off the coast of Angola with a final investment decision for a project with a 40,000 bpd capacity, Total said. ... more
OIL AND GAS
Russia: Expect more oil in the second half of the year
Washington (UPI) May 25, 2018
Parties to an OPEC-led effort to trim a market surplus through production cuts may reverse course in the second half of the year, Russia's oil minister said. ... more
OIL AND GAS
Memorial Day weekend gas prices highest in four years
Washington (UPI) May 25, 2018
Consumer gas prices for the holiday weekend will be the highest they've been in four years and will likely stay that way through the summer, the U.S. government said. ... more
OIL AND GAS
OPEC's suggestion of more oil drags markets lower
Washington (UPI) May 25, 2018
A steady course on U.S.-North Korean détente and word of more oil from OPEC members helped push crude oil prices down sharply in early Friday trading. ... more
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OIL AND GAS
New production expected from Norwegian waters
Washington (UPI) May 25, 2018
Norwegian energy major Equinor, formerly Statoil, said it signed a multi-million dollar agreement to drill six new production wells in the North Sea. ... more
OIL AND GAS
U.S. energy sector braces for hurricane season
Washington DC (UPI) May 25, 2018
While offshore segments were spared, the U.S. energy sector could be in for a rough year with forecasters expecting an above-normal hurricane season. ... more
OIL AND GAS
Shale gas no panacea, U.N. report finds
Washington DC (UPI) May 25, 2018
Shale natural gas serves as a bridge to a low-carbon economy, but it's still a fossil fuel that could contribute to climate risks, a U.N. report round. ... more
OIL AND GAS
Canadian court shoots down Trans Mountain challenges
Washington DC (UPI) May 25, 2018
The expansion of the Trans Mountain oil pipeline will proceed because of its record of resilience in the courts, the premier of oil-rich Alberta said. ... more
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. ... more


No easy fix to higher gas prices in United States

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
OILGASDAILY



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
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
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'Deforestation-free' palm oil not as simple as it sounds
London UK (SPX) May 29, 2018
Genuinely 'deforestation-free' palm oil products are problematic to guarantee, according to a new study. Palm oil is a vegetable oil that is used in thousands of products worldwide, including an estimated 50% of all products on supermarkets shelves, from food to detergents to cosmetics. Although growing palm trees requires less land and resources than traditional vegetable oils, the ... more
+ Advanced biofuels can be produced extremely efficiently, confirms industrial demonstration
+ Technique doubles conversion of CO2 to plastic component
+ Scientists have deciphered the chemical reaction mechanism critical for cleaner combustion
+ New catalyst upgrades greenhouse gas into renewable hydrocarbons
+ 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
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
+ LBA Realty's Battery Storage and LED Projects expected to deliver $1.9 million in Energy Savings
+ Has California put the proper mechanisms in place to succeed with solar mandate?
+ Conti Solar Begins Construction of Largest Landfill Solar Project in Ohio
+ A photosynthetic engine for artificial cells
+ Quantum effects observed in photosynthesis
+ Germany's E.ON explores solar development with Google
+ ABC Solar Seeking Legal Funds from CrowdJustice.com for Monopoly Abuse Fight


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
France: Framatome to supply EDF with Enriched Reprocessed Uranium fuel assemblies
Paris, France (SPX) May 29, 2018
Framatome will be designing, fabricating and supplying EDF with fuel assemblies using enriched reprocessed uranium* (known as "ERU")over the period 2023 to 2032 (1). These fuel assemblies, set to be manufactured at Framatome's plant in Romans-sur-Isere (Drome, France), will be destined for a number of nuclear reactors - belonging to EDF's fleet in operation - authorized to use them. ... more
+ GE Hitachi Announces Dominion Energy as Investor in BWRX-300 Small Modular Reactor
+ Global Nuclear Fuel awarded $250M contract with Entergy
+ Framatome and Rusatom Automated Control Systems Sign MoU
+ World's first floating nuclear barge to power Russia's Arctic oil drive
+ Construction delays make new nuclear power plants costlier than ever
+ Framatome to provide Dominion Energy with steam generator services
+ Supreme Court to rule on largest uranium deposit in US
Daily Newsletters - Space - Military - Environment - Energy

Invisible barrier on ocean surface can reduce carbon uptake
Exeter UK (SPX) May 30, 2018
An invisible layer of biological compounds on the sea surface reduces the rate at which carbon dioxide gas moves between the atmosphere and the oceans, scientists have reported. Scientists from Exeter, Heriot-Watt and Newcastle universities published their research in the journal Nature Geoscience, and say the findings have major implications for predicting our future climate. The wo ... more
+ 1.5C cap on warming saves global economy trillions: study
+ Families from 8 countries sue EU over climate change
+ Dutch govt appeals landmark greenhouse gases ruling
+ Dusty rainfall records reveal new understanding of Earth's long-term climate
+ 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
Britain's supply of electric cars at risk from Brexit: think-tank
Brussels (AFP) May 28, 2018
Britain risks a shortage of electric cars after Brexit as carmakers will lose an incentive to sell low-emission vehicles there, a Brussels-based think-tank warned. Because British sales will no longer count towards carmakers' EU carbon dioxide targets, they may choose to sell to other European countries instead, the Transport and Environment (T&E) group warned. Britain was the third larg ... more
+ Hamburg is first German city to order diesel bans
+ Berlin wants answers from Daimler over 'pollution cheating'
+ Self-driving Uber saw woman 6 seconds before fatal crash: probe
+ Uber hit with harassment suit following policy shift
+ Dealerships trash talk electric cars: study
+ China to cut auto tariffs on July 1 as trade tensions ease
+ Alternative vehicle sales stall in United States


Spirit of Ramadan returns to Iraq's IS-free Mosul
Mosul, Iraq (AFP) May 29, 2018
Under the cover of night in the Iraqi city of Mosul, Rayan and Ali break the silence by drumming to announce suhur, the pre-dawn breakfast during the holy month of Ramadan. The Islamic State (IS) group which controlled the city for three years before its ouster last July had banned drumming, along with other Ramadan traditions that make up the festive spirit of the dawn-to-dusk fasting month ... more
+ Iraq orders probe after voting machines fail hacking test
+ Five dead in Baghdad cafe suicide bombing claimed by IS
+ 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
Top North Korean to meet Pompeo ahead of US summit
Washington (AFP) May 29, 2018
A senior North Korean official was bound for New York for high-level talks with US officials on Tuesday as preparations for a historic nuclear summit between Donald Trump and Kim Jong Un gathered pace. General Kim Yong Chol, vice chairman of the central committee of the Workers' Party and right-hand man to Kim, will meet US Secretary of State Mike Pompeo in New York on Wednesday or Thursday, ... more
+ Iran expects measures to save nuclear deal by end of May
+ Trump, Abe say 'imperative' to dismantle N. Korean weapons
+ Diplomatic duels: what now for the Trump-Kim summit?
+ China to host Iran leader amid nuclear deal upheaval
+ Top North Korean heads to US, Russian FM to visit Pyongyang
+ What we learned at Punggye-Ri
+ UN chief calls for 'total elimination' of nuclear weapons
Daily Newsletters - Space - Military - Environment - Energy

Chinese police handling of teacher protest sparks fury; Merkel met wives of jailed China lawyers
Beijing (AFP) May 28, 2018
Police in central China have come under fire on social media over their handling of a protest by teachers demanding unpaid performance bonuses, the latest in a series of reported demonstrations by educators. The public security bureau in Lu'an, a small town in Anhui province, said it launched an investigation into allegations that officers beat some of the teachers during Sunday's demonstrat ... more
+ Hundreds march in Hong Kong to mark Tiananmen crackdown
+ China jails Tibetan-language advocate for 5 years
+ A shipwreck and an 800-year-old 'made in China' label reveal lost history
+ 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
Help wanted: UN mission struggles in troubled C. Africa
Libreville (AFP) May 30, 2018
Six months ago, the UN Security Council agreed to send an additional 900 troops to the Central African Republic (CAR), reinforcing one of its biggest peacekeeping missions in one of the world's most dangerous countries. So far, just 400 have arrived - a worrying sign of the problems that the UN mission, known by its French acronym MINUSCA, is having in coaxing countries into sending men to ... more
+ Prehistoric teeth dating back 2 million years reveal details on ancient Africa's climate
+ China, Russia rise in C. Africa as Western influence shrinks
+ China, Burkina Faso establish ties following Taiwan snub
+ 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


Army contracts Lockheed for PAC-3 ground, test support
Washington (UPI) May 23, 2018
The U.S. Army has awarded a $46.6 million contract modification to Lockheed Martin for support on upgrades to the Patriot PAC-3 anti-ballistic missile launcher. The Maryland-based company will conduct ground and flight test support on the machinery in Dallas, Texas, according to the U.S. Defense Department. Lockheed Martin is expected to finish work by April 2022. Lockheed was ob ... more
+ Lockheed taps BAE for F-35 readiness support
+ Boeing to redesign flight recorder technology for naval aircraft
+ MH370 search to end next week: Malaysian minister
+ L-3 tapped for TH-57 Sea Ranger support
+ Lockheed contracted for delivery of F-35 simulator software
+ Lockheed contracted for services, production on F-35
+ French Rafales keep training edge on US aircraft carrier
White House moves to finalize China trade sanctions
Washington (AFP) May 29, 2018
President Donald Trump said Tuesday he is moving to finalize trade sanctions against China even as a US delegation is set to travel to Beijing for talks to resolve the dispute. The White House said the planned sanctions announced in March, largely focused on China's theft of American intellectual property, were still in the works and details would be announced in the coming month. It was ... more
+ OECD warns against 'escalation' in trade tensions
+ Australia's central bank chief warns over China debt risk
+ Panama-China to open trade talks
+ Macron in Russia for high-stakes talks with Putin
+ China denies setting target to cut US trade surplus
+ Macron presses tech giants on taxes, working conditions
+ Rare bottles of whisky fetch record $1m each at Hong Kong auction
Daily Newsletters - Space - Military - Environment - Energy

Russia not into American regional games
Washington (UPI) May 29, 2018
From increasing sanctions pressure to energy leverage, the Kremlin has the impression Washington is up to political games in the region, an aide said. Speaking at the start of the year, Polish Defense Minister Mariusz Błaszczak said he was expecting more U.S. troops in a country on the edge of the Russian sphere of influence. "I guarantee that this presence could be a success no ... more
+ Latvia convicts ex-railway worker of spying for Russia
+ Russia comes under fire at UN over MH17 downing
+ French, British air chiefs say Western dominance slipping
+ Poland proposes to help fund US troops in country: ministry
+ NATO, Russia to hold first talks since Skripal attack
+ NATO to focus on deterrence, 'managing' Russia ties at summit
+ Colombia to become first Latin American NATO 'global partner'


Quake helps clear the blackened air over Nepal's brick kilns
Kathmandu (AFP) May 30, 2018
Below skies darkened by thick black smoke, hundreds of thousands of brick kiln workers endure back-breaking labour and suffocating heat working in almost medieval conditions across South Asia. But in one corner of the region, the need to rebuild after Nepal's devastating 2015 earthquake has presented an unexpected opportunity. While much work remains to be done in improving working condi ... more
+ Poland to probe string of blazes at landfills
+ EU proposes ban on straws, other single-use plastics
+ Humans may influence cancer in many other species on the planet
+ Portuguese artist turns trash into animal sculptures
+ 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
China floods to hit US economy: Climate effects through trade chains
Potsdam, Germany (SPX) May 29, 2018
Intensifying river floods could lead to regional production losses worldwide caused by global warming. This might not only hamper local economies around the globe - the effects might also propagate through the global network of trade and supply chains, a study now published in Nature Climate Change shows. It is the first to assess this effect for flooding on a global scale, using a newly d ... more
+ Air Forces's 'Guardian Angels' to receive new facilities
+ 'Our families would be killed': Rohingya brace for monsoon
+ Navy captain accused in deadly Tunisia migrant boat sinking
+ Arkema's Texas plant unprepared for Harvey floods, inquiry finds
+ An electronic rescue dog
+ Brazil rescues African, Guyanese migrants drifting at sea
+ Latest shooting revives US arms control debate
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