Oil News and Gas News
June 01, 2018
OIL AND GAS
Iran wants sanctions considerations at OPEC



Washington (UPI) May 31, 2018
OPEC members at their next regular meeting in June should prioritize measures aimed at protecting members targeted by sanctions, Iran's oil minister said. The Iranian government is busy courting European, Russian and Chinese leaders for continued support of the U.N.-backed agreement that offered sanctions relief in exchange for nuclear commitments from Tehran. U.S. President Donald Trump pulled his country out of the agreement May 8, meaning U.S. sanctions pressures could force the deal ... read more

OIL AND GAS
Shell brings new partner behind Canadian LNG plans
Washington (UPI) May 31, 2018
Shell's subsidiary in Canada said a transaction that gives Malaysian energy company PETRONAS a stake in a planned LNG facility isn't a statement on timing. ... more
OIL AND GAS
Johan Sverdrup topside heads to North Sea
Washington (UPI) May 31, 2018
A component of a drilling platform for development of the Johan Sverdrup oil field in the North Sea is on its way to its final destination, Equinor stated. ... more
OIL AND GAS
Oil prices spreading apart, mirroring global rifts
Washington (UPI) May 31, 2018
Benchmark indices for oil were in a wide spread Thursday as U.S. oil inventories swell and global economic pressures intensify on the back of tariff concerns. ... more
OIL AND GAS
U.S. spending driven by higher gas prices
Washington (UPI) May 31, 2018
The U.S. federal government reported Thursday that spending on gasoline and other energy products contributed most to a rise in consumer spending. ... more


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OIL AND GAS
HRW: Lawsuits muzzling free speech in the environmental community
Washington (UPI) May 31, 2018
Human Rights Watch said Thursday it was worried that lawsuits meant to muzzle environmental advocacy groups were inhibiting free speech. ... more
OIL AND GAS
Texas oil production higher, but data are mixed
Washington (UPI) May 30, 2018
Preliminary data on crude oil production from the shale basins in Texas show a moderate increase from last year, a state regulator reported. ... more
OIL AND GAS
Senegal's oil has good break-evens
Washington (UPI) May 30, 2018
There is a strategic interest emerging in oil from offshore Senegal, where a project can break even at $35 per barrel, the chairman of developer FAR Ltd. said. ... more
OIL AND GAS
U.S. gasoline prices follow the drop in oil price
Washington (UPI) May 30, 2018
The average price for a gallon of gas nationally came close to $3 per gallon during the long U.S. holiday weekend, but could be stabilizing, analyses find. ... more
OIL AND GAS
Demand signals pull oil prices higher
Washington (UPI) May 30, 2018
Crude oil prices moved out of a steady decline early Wednesday on signs of lower U.S. supplies and Chinese growth, but U.S. GDP could change the picture. ... more
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OIL AND GAS
Kenya closer to building an oil export pipeline
Washington (UPI) May 30, 2018
Kenya took a step toward building an export pipeline from its oil fields to the port city of Lamu with the award of an early-phase design contract, Wood said. ... more
OIL AND GAS
Equinor embarks on new era in Azerbaijan
Washington (UPI) May 30, 2018
A series of agreements to work alongside the state oil company in Azerbaijan in the Caspian Sea marks a new era of cooperation, Norway's Equinor said Wednesday. ... more
OIL AND GAS
Trans Mountain decision could end provincial infighting
Washington (UPI) May 30, 2018
The federal decision by the Canadian government to take over the Trans Mountain expansion gets the project removed from provisional spats, analysts said. ... more
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. ... 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


Pioneering oil and gas work begins offshore Lebanon

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
OILGASDAILY



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
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
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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
Indonesia makes strides in solar power
Washington (UPI) May 24, 2018
More than $150 million in loans will help Indonesia build its first utility-scale solar power plants, the Asian Development Bank said Thursday. ADB said it would offer financial support for a project led by Vena Energy, the largest power producer in the Asia-Pacific, to advance renewable energy projects in Indonesia. The first phase of the project calls for the construction of a 72 mega ... more
+ AI software assists design of new material for solar cells
+ Gid And Black Bear Announce Massachusetts Solar Projects
+ Tom Steyer group claims win in Michigan energy sector
+ Has California put the proper mechanisms in place to succeed with solar mandate?
+ Can we get 100 percent of our energy from renewable sources
+ Conti Solar Begins Construction of Largest Landfill Solar Project in Ohio
+ A photosynthetic engine for artificial cells


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
Prototype nuclear battery packs 10 times more power
Moscow, Russia (SPX) Jun 01, 2018
Russian researchers from the Moscow Institute of Physics and Technology (MIPT), the Technological Institute for Superhard and Novel Carbon Materials (TISNCM), and the National University of Science and Technology MISIS have optimized the design of a nuclear battery generating power from the beta decay of nickel-63, a radioactive isotope. Their new battery prototype packs about 3,300 milliw ... more
+ France: Framatome to supply EDF with Enriched Reprocessed Uranium fuel assemblies
+ France: Framatome to supply EDF with Enriched Reprocessed Uranium fuel assemblies
+ Global Nuclear Fuel awarded $250M contract with Entergy
+ Framatome partners with McAfee to support energy industry cybersecurity
+ Framatome and Rusatom Automated Control Systems Sign MoU
+ World's first floating nuclear barge to power Russia's Arctic oil drive
+ Berlin agrees to compensate power firms for nuclear exit
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
+ Dutch govt appeals landmark greenhouse gases ruling
+ 1.5C cap on warming saves global economy trillions: study
+ Dusty rainfall records reveal new understanding of Earth's long-term climate
+ Families from 8 countries sue EU over climate change
+ 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
Electric vehicle market exposed to risk from violence
Washington (UPI) May 31, 2018
The global electric vehicle market is expanding, but the supporting metals and refining markets are exposed to risk, an IEA report found. A report from the International Energy Agency on the global outlook for electric vehicles found sales passed 1 million last year, a record level and a 54 percent increase over 2016. Norway has the largest concentration, with EV sales accounting for 39 ... more
+ Hamburg leads charge with Germany's first diesel ban
+ Britain's supply of electric cars at risk from Brexit: think-tank
+ Waymo adds 62,000 vehicles for autonomous taxi service
+ Berlin wants answers from Daimler over 'pollution cheating'
+ Hamburg is first German city to order diesel bans
+ Self-driving Uber saw woman 6 seconds before fatal crash: probe
+ Uber hit with harassment suit following policy shift


Confusion reigns in Iraq amid election fraud charges
Baghdad (AFP) May 30, 2018
Close to three weeks after parliamentary polls, confusion reigns in Iraq as allegations mount of election fraud even with negotiations to form a government well underway. Since the May 12 victory of anti-establishment electoral lists, long-time political figures pushed out by Iraqi voters hoping for change have called for a recount - with some even calling for the poll results to be cancell ... more
+ Spirit of Ramadan returns to Iraq's IS-free Mosul
+ 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
Kim says committed to denuclearisation of Korean peninsula: KCNA
Seoul (AFP) May 31, 2018
North Korean leader Kim Jong Un told Russian Foreign Minister Sergei Lavrov he was committed to denuclearisation of the Korean peninsula, the official KCNA news agency reported Friday. "Kim Jong Un said that the DPRK's will for denuclearisation of the Korean peninsula still remains unchanged and consistent and fixed," KCNA reported after their meeting in Pyongyang on Thursday. Kim hoped ... more
+ Pompeo plans summit over steak dinner with top North Korean official
+ Pompeo, top N. Korean official plan summit as Lavrov meets Kim
+ Top North Korean heads to US, Russian FM to visit Pyongyang
+ Placid Singapore braces for Trump-Kim storm
+ Russian Foreign Minister Lavrov in Pyongyang
+ Top North Korean to meet Pompeo ahead of US summit
+ Trump, Abe say 'imperative' to dismantle N. Korean weapons
Daily Newsletters - Space - Military - Environment - Energy

Nine jailed in Hong Kong for 'Fishball Revolution' riots
Hong Kong (AFP) May 31, 2018
Nine protesters were jailed in Hong Kong Thursday after being found guilty of rioting during the "Fishball Revolution" clashes with police two years ago, the latest in a series of legal actions against demonstrators. Aged from their late teens to over 70 years old, they were handed sentences ranging from 28 months to over four years for their involvement in the city's worst violence for deca ... more
+ China top court overturns tycoon's conviction in rare reversal
+ Chinese police handling of teacher protest sparks fury; Merkel met wives of jailed China lawyers
+ 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
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
+ Defence minister warns of intervention in Madagascar crisis
+ 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


Lockheed tapped for support of developmental test F-35 aircraft
Washington (UPI) May 31, 2018
Lockheed Martin was awarded a contract from the Department of Defense for services in support of F-35 Lightning II Joint Strike Fighter aircraft. The contract deal from Naval Air Systems Command is valued at more than $46.5 million under the terms of a cost-plus-fixed-fee delivery order contract and enables Lockheed Martin to provide "non-recurring engineering, development of design doc ... more
+ Zero 2 Infinity completed another successful launch from Europe's Stratoport, this time for Airbus
+ Boeing tapped for three P-8A Poseidon aircraft
+ Boeing tapped for Chinook helicopters for Saudi Arabia
+ MH370 hunt may resume if new evidence found: Malaysian PM
+ US search firm says to end MH370 hunt in 'coming days'
+ China plane makes emergency landing after window cracks
+ French Rafales keep training edge on US aircraft carrier
Eurozone inflation leaps higher delivering 'headache' to ECB
Brussels (AFP) May 31, 2018
Inflation in the eurozone leaped to the ECB's target in May, data showed on Thursday, fuelled by a huge increase in oil prices as the US decided to pull out of a nuclear deal with Iran. The EU's statistics authority, Eurostat, said inflation in the eurozone jumped to 1.9 percent in May, a sharp pick-up from the 1.2 percent recorded in April. That puts inflation right at the European Cent ... more
+ China lowers tariffs, rejects US trade war escalation
+ Escalating trade battle embroils G7 finance meet
+ Walmart goes upscale with personal shopper service
+ China slams US for 'sudden flip-flops' in trade policy
+ OECD warns against 'escalation' in trade tensions
+ China factory activity rises at fastest pace in eight months
+ White House moves to finalize China trade sanctions
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
+ China rejects US accusations it seeks hegemony in Asia
+ Russia comes under fire at UN over MH17 downing
+ Philippines could go to war over South China Sea: Duterte aide
+ Poland proposes to help fund US troops in country: ministry
+ In nod to India, US military renames its Pacific Command
+ NATO tells Russia to stop meddling, in first talks since Skripal case


Kicking the car(bon) habit better for air pollution than technology revolution
Oxford UK (SPX) May 31, 2018
Changing our lifestyles and the way we travel could have as big - if not more of an impact on CO2 transport emissions, as electric vehicles and the transport technology revolution, according to new Oxford University research. Published in Energy Efficiency, the study uses Scotland as an example and suggests that, radical lifestyle change can show quicker results than the gradual transition ... more
+ Quake helps clear the blackened air over Nepal's brick kilns
+ Recycled electrical products lead to hazardous chemicals appearing in everyday items
+ EU proposes ban on straws, other single-use plastics
+ Quake helps clear the blackened air over Nepal's brick kilns
+ Poland to probe string of blazes at landfills
+ Humans may influence cancer in many other species on the planet
+ Portuguese artist turns trash into animal sculptures
Sentinel-1 warns of refugee island flood risk
Paris (ESA) May 30, 2018
In what the UN describes as the world's fastest growing refugee crisis, almost 700 000 Rohingya Muslims have fled Myanmar for neighbouring Bangladesh since August 2017. With the Bangladesh government proposing a vulnerable low-lying island as a relocation site for thousands, Sentinel-1 data have shown how unsuitable this site would be. While the Rohingya have faced decades of repression, t ... more
+ Seismometer readings could offer debris flow early warning
+ China floods to hit US economy: Climate effects through trade chains
+ Air Forces's 'Guardian Angels' to receive new facilities
+ Navy captain accused in deadly Tunisia migrant boat sinking
+ 'Our families would be killed': Rohingya brace for monsoon
+ Arkema's Texas plant unprepared for Harvey floods, inquiry finds
+ An electronic rescue dog
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