Oil News and Gas News
June 12, 2018
OIL AND GAS
Total extends gas agreement in Algeria



Washington (UPI) Jun 11, 2018
French energy company Total said Monday it signed a contract that extends its partnership in a natural gas field in Algeria for the next quarter century. Total joined Spanish energy company Repsol, the Algerian agency for hydrocarbon resources and state-owned exploration and production company Sonatrach in signing a 25-year extension to tap into the Tin Fouyé Tabankort natural gas and condensate field. "The partners will carry out the drilling and development investments required to dev ... read more

OIL AND GAS
Iraq accuses other oil producers of exceeding quotas
Baghdad (AFP) June 11, 2018
Iraq on Monday accused other oil-producing countries of extracting more barrels of crude than agreed by OPEC and its partners, ahead of a meeting of the cartel next week. ... more
OIL AND GAS
G7 hangover drags the price of oil lower
Washington (UPI) Jun 11, 2018
Crude oil prices turned lower in early Monday trading amid broad-based economic concerns over the fallout from weekend meetings of the G7 in Canada. ... more
OIL AND GAS
Higher-for-longer oil prices could hurt the global economy
Washington (UPI) Jun 11, 2018
The relatively high price for crude oil is having only a relatively minor impact on demand, though global economic growth could slow, a Platts analyst said. ... more
OIL AND GAS
Ireland leads call for economic break from oil
Washington (UPI) Jun 11, 2018
A European economy that's self-sufficient in energy and low-carbon could be shielded against the shock of higher crude oil prices, an Irish minister said. ... more


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OIL AND GAS
Iran envisions currency arrangements with China
Washington (UPI) Jun 11, 2018
Facing U.S. pressures on its banking channels, Iran's economic minister said agreements were made with China to use their national currencies for trade. ... more
OIL AND GAS
U.S. sees LNG as a security option for Seoul
Washington (UPI) Jun 11, 2018
Through its emerging role in the global energy space, U.S. liquefied natural gas supports security for South Korea, a State Department spokesman said. ... more
OIL AND GAS
More oil found in Norwegian waters of the North Sea
Washington DC (UPI) Jun 08, 2018
A Norwegian government regulator said Friday it confirmed an oil discovery was made in untested waters in the central part of the North Sea. ... more
OIL AND GAS
Iranian oil production not impacted by sanctions yet
Washington DC (UPI) Jun 08, 2018
With sanctions pressures looming over Tehran, production from OPEC's third-largest producer, Iran, hasn't yet been impacted, a Platts survey found. ... more
OIL AND GAS
Brazilian oil good for deep-pocketed companies
Washington DC (UPI) Jun 08, 2018
An auction for rights to tap into the oil basins off the coast of Brazil highlights the country's prospects for those with deep enough pockets, analysis found. ... more
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OIL AND GAS
Oil prices slip on G7 trade concerns
Washington DC (UPI) Jun 08, 2018
Concerns about broad-based trade issues overshadowed potential supply-side deficits to push the price for crude oil lower early in the Friday session. ... more
OIL AND GAS
Pope urges oil majors to combat global warming and aid poor
Vatican City (AFP) June 9, 2018
Pope Francis asked Saturday that major oil and gas companies respect the 2015 Paris climate agreement to help protect the poor from global warming. ... more
OIL AND GAS
Gazprom gets more permits for Nord Stream 2
Washington DC (UPI) Jun 08, 2018
Russian energy company Gazprom said it received the necessary permit to advance construction of the Nord Stream gas pipeline through Swedish waters. ... more
OIL AND GAS
Banned weapons stoke deadly violence in Nigeria
Kano, Nigeria (AFP) June 9, 2018
A flood of illegal small arms has swamped Nigeria, bringing with it a surge of violence that has left hundreds dead. ... more
OIL AND GAS
Canadian producer Suncor offers climate assurances
Washington DC (UPI) Jun 08, 2018
Canadian oil production from a facility in Alberta has the same greenhouse gas intensity as U.S. oil, the head of producer Suncor said. ... more


Equinor boasts of environmental legacy

OIL AND GAS
Putin offers pledges of economic stability
Washington (UPI) Jun 7, 2018
Riding improvements in the price of oil from recession to recovery, Russian President Vladimir Putin said Thursday the economy is on stable ground. ... more
OILGASDAILY



OIL AND GAS
Oil Search finds new gas in Papua New Guinea
Washington (UPI) Jun 7, 2018
A new gas discovery was made in Papua New Guinea and data assessments are now geared toward commercial developments, a key regional player said. ... more
OIL AND GAS
OPEC data offers glimpse at GDP impact of production cuts
Washington (UPI) Jun 7, 2018
Angola, Libya and Iran led the pack among OPEC members when comparing GDP figures from before and after the group's production agreement, data show. ... more
OIL AND GAS
A lack of oil pushes key benchmarks higher
Washington (UPI) Jun 7, 2018
Concerns about the lack of supply from Iran and Venezuela re-emerged early Thursday to push the price of crude oil sharply higher. ... more
OIL AND GAS
Equinor upbeat on oil and the economy
Washington (UPI) Jun 7, 2018
Crude oil demand and production remain strong, Norwegian energy major Equinor said, adding geopolitical risk won't derail the global economy. ... more
OIL AND GAS
Nigeria's military urged not to add to oil pollution
Warri, Nigeria (AFP) June 7, 2018
Like many communities in southern Nigeria, the people of Okpare rely on the waters of the creeks that surround them for fishing and farming to survive. ... more
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How to suck carbon dioxide from the sky for fuels and more
Washington DC (SPX) Jun 11, 2018
Someday, the gasoline you buy might trace its heritage to carbon dioxide pulled straight out of the sky rather than from oil pumped out of the ground. By removing emitted carbon dioxide from the atmosphere and turning it into fresh fuels, engineers at a Canadian firm have demonstrated a scalable and cost-effective way to make deep cuts in the carbon footprint of transportation with minimal disru ... more
+ Scientists sustainably 3D print large objects out of cellulose
+ Polymer researchers discover path to sustainable and biodegradable polyesters
+ 'Deforestation-free' palm oil not as simple as it sounds
+ 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
Flexible solar cells: Will they someday power your devices?
Montreal, Canada (SPX) Jun 07, 2018
Will you ever be able to charge your mobile device, car and even clothing with flexible solar cells? Researchers at Aalto University in Finland and Universite de Montreal are studying whether the now-experimental technology could someday be mass-produced and commercialized, and some of the issues that have to be resolved, including the environmental impact. For the electronic cells to be v ... more
+ Optimized mounting enables shorter solar power purchase deals for the mining sector
+ French energy company ENGIE claims renewable edge
+ UK set to smash renewable energy targets for 2020
+ Solar energy: Mixed anion compounds with 'fluorine' works as new photocatalytic material
+ How greener grids can stay lit
+ The blockchain project Solar DAO is to implement its first PV solar plants in Kazakhstan
+ SOVENTIX completes solar plant in KNYSNA elephant park in South Africa


Cryptocurrency blowing in the wind as mine opens in Estonia
Tallinn (AFP) June 1, 2018
A state-owned Estonian wind farm launched a cryptocurrency mine on Friday, hoping to cash-in on Mother Nature's unlimited supplies of power on a windswept Baltic Sea island, a company official said. Mining virtual currencies, like bitcoin, ethereum or ripple, requires powerful computers that are voracious users of electricity, making it uneconomical to mine without a cheap source of energy l ... more
+ U.S. Atlantic states eye offshore wind leadership
+ 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
Ukrainian villages still suffering legacy of Chernobyl
Exeter UK (SPX) Jun 11, 2018
Milk in parts of Ukraine has radioactivity levels up to five times over the country's official safe limit, new research shows. Scientists from the Greenpeace Research Laboratories at the University of Exeter and the Ukrainian Institute of Agricultural Radiology sampled cow's milk from private farms and homes in the Rivne region, about 200km from the site of the Chernobyl Nuclear Power Plan ... more
+ Fire in Chernobyl zone, Kiev says radiation levels safe
+ World first EPR nuclear reactor begins work in China
+ Ukraine puts out forest fire around Chernobyl
+ Prototype nuclear battery packs 10 times more power
+ UK mulls direct stake in Hitachi nuclear plant: minister
+ France: Framatome to supply EDF with Enriched Reprocessed Uranium fuel assemblies
+ Framatome partners with McAfee to support energy industry cybersecurity
Daily Newsletters - Space - Military - Environment - Energy

'Water is life': Ivory Coast city struggles with crippling drought
Bouake, Ivory Coast (AFP) June 6, 2018
"All that comes out of the tap right now is cockroaches," said Honorine Babalou, a 20-year-old textile worker. In Bouake, Ivory Coast's second city, the regular water supply trickled to a halt three months ago - a shortage that officials blame on a drought inflicted by global warming. Like many other Bouake residents, Babalou balanced on her head a giant basin of fresh water drawn from ... more
+ European Commission wants more climate funding
+ Invisible barrier on ocean surface can reduce carbon uptake
+ 1.5C cap on warming saves global economy trillions: study
+ Dutch govt appeals landmark greenhouse gases ruling
+ Dusty rainfall records reveal new understanding of Earth's long-term climate
+ Families from 8 countries sue EU over climate change
+ NASA's new chief changes mind, now believes in climate change
MIT study helps driverless cars change lanes more like humans do
Boston MA (SPX) Jun 12, 2018
In the field of self-driving cars, algorithms for controlling lane changes are an important topic of study. But most existing lane-change algorithms have one of two drawbacks: Either they rely on detailed statistical models of the driving environment, which are difficult to assemble and too complex to analyze on the fly; or they're so simple that they can lead to impractically conservative decis ... more
+ Self-driving cars must reduce traffic fatalities by at least 75 percent to stay on the roads
+ Fleet of autonomous boats could service cities to reduce road traffic
+ New material could replace expensive platinum catalysts used in hydrogen cars
+ Germany orders recall of 60,000 Audis over emissions
+ French carmaker PSA to exit Iran over US sanction risk
+ Electric vehicle market exposed to risk from violence
+ Hamburg leads charge with Germany's first diesel ban


Sadr strengthens legislative bloc ahead of Iraq poll recount
Baghdad (AFP) June 8, 2018
Nationalist Moqtada Sadr, whose bloc won the largest share of seats in Iraq's May legislative elections, has strengthened his parliamentary position by forming an alliance with two other lists. The former militia leader reached a coalition agreement on Thursday with Shiite Ammar al-Hakim's Al-Hikma list and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of ... more
+ Police among four arrested after Iraq ballot fire
+ Fire hits Iraq's biggest ballot warehouse before recount
+ Corruption and negligence blamed for death trap sewers in Iraq
+ Iraq parliament orders full election recount
+ Iraq court sentences French woman to life for IS membership
+ Confusion reigns in Iraq amid election fraud charges
+ Spirit of Ramadan returns to Iraq's IS-free Mosul
N. Korea media herald Kim's Singapore stroll
Pyongyang, North Korea (AFP) June 12, 2018
North Korea's state media lauded Singapore Tuesday as they highlighted Kim Jong Un's visit to some of its top tourist attractions. A few hours ahead of his historic summit with Donald Trump - the first encounter between a leader of the isolated, nuclear-armed North and a sitting US president - Kim took a break from preparations for a waterfront stroll. He was accompanied by the city-st ... more
+ Iran 'highly sceptical' on US-North Korea nuclear talks
+ Warm words from North Korea on Cold War frontier
+ China urges 'full denuclearisation' as Kim-Trump meet
+ Iran says time for Europe to save nuke deal almost over
+ Iran postpones debate on terror financing
+ Trump, Kim hail historic summit; questions over way forward
+ China urges 'full denuclearisation' as Kim-Trump meet
Daily Newsletters - Space - Military - Environment - Energy

Hong Kong jails top independence leader for six years
Hong Kong (AFP) June 11, 2018
Hong Kong's leading independence activist was jailed for six years Monday for his involvement in some of the city's worst protest violence for decades. Edward Leung was convicted in May of rioting during the 2016 running battles with police, when demonstrators hurled bricks torn up from pavements and set rubbish alight in the commercial district of Mong Kok. Handing down his jail term, J ... more
+ China enlists public to track fugitives in US, Canada
+ Rewriting history? Hong Kong education turns political battleground
+ Costly date: 64.89 yuan forbidden on Tiananmen June 4 anniversary
+ With Cambodia's free press under fire, 'China model' makes inroads
+ Families of Tiananmen victims urge China's Xi to 're-evaluate' crackdown
+ Hong Kong independence duo given jail term for parliament chaos
+ Hong Kong independence duo given jail term for parliament chaos
US commando killed, four wounded in Somalia attack
Washington (AFP) June 9, 2018
An American commando was killed Friday in an attack in southern Somalia that also wounded four US military personnel along with a Somali soldier, officials said. The attack occurred in Jubaland, where a large force comprising about 800 Somali, Kenyan and US troops were working to clear a large area of Al-Qaeda-aligned Al-Shabaab fighters. The multinational force "came under mortar and sm ... more
+ US says strike kills 27 Shabaab militants in Horn of Africa
+ New perspectives on African migration
+ Violence shuts Africa's Virunga gorilla park till 2019
+ Faith leaders, Pygmies join forces in fight for Congo forest
+ US says air strike kills 12 militants in Somalia
+ Defence minister warns of intervention in Madagascar crisis
+ Help wanted: UN mission struggles in troubled C. Africa


Lockheed awarded $735.7M for F-35 production support
Washington (UPI) Jun 11, 2018
The Pentagon announced a modification to a Lockheed Martin contract for materials and support for production of the F-35 Lightning II. The contract, from Naval Air Systems Command and announced on Friday, is valued at more than $735.7 million and enables Lockheed Martin to provide "long-lead time materials, parts, components, and effort," for F-35 programs within the U.S. Air Force, Nav ... more
+ US fighter jet crashes off Japan coast
+ Northrop wins more than $81.2M for Hawkeye services
+ Britain's first four F-35Bs arrive ahead of schedule
+ US grounds B-1 bombers over safety concerns
+ F-35A weather shelter to be built on Alaska base
+ Rolls-Royce to deliver V-22 Osprey engines for U.S. military
+ Taiwan F-16 fighter jet crashes, killing pilot
Malaysia PM urges TPP 'renegotiation'
Tokyo (AFP) June 11, 2018
Malaysia's newly-elected prime minister called Monday for the Trans-Pacific Partnership to be "renegotiated," and urged protection for small countries in international trade. Malaysia, along with 10 other countries, pushed ahead with the TPP in March despite Donald Trump having yanked the United States out of the huge multilateral trade deal. But Mahathir Mohamad told a gathering in Toky ... more
+ US, China reach $1.4 bn ZTE deal as signs emerge of trade talks progres
+ EU-US trade row looms over NATO defence meet
+ China's trade surplus with US jumps, global imports surge
+ Amazon supplier under fire for poor China working conditions
+ Trump trade fury torpedoes Canada's G7 summit
+ China warns US against tariffs as trade talks end
+ EU joins global battle against Trump tariff onslaught
Daily Newsletters - Space - Military - Environment - Energy

Putin says ready to meet Trump 'as soon as' Washington is ready
Qingdao, China (AFP) June 10, 2018
Russian President Vladimir Putin on Sunday said he was ready to meet his US counterpart Donald Trump as soon as Washington was ready, adding Vienna could be a possible venue for such a summit. "As soon as the American side is ready this meeting would take place depending on my working schedule of course," Putin told reporters in the Chinese city of Qingdao. "The US president himself repe ... more
+ Trump's G7 bust-up shows risks for North Korea summit
+ Moscow students make rare protest against World Cup
+ Summits fuel questions about Trump's embrace of autocrats
+ As G7 feuds, Xi and Putin play up their own club
+ France challenges Beijing in South China Sea
+ Kim's wingman: Air China flight shows Beijing's influence
+ Tariffs not denting military relations with US allies: Mattis


Recycling plastic -- Japan style
Tokyo (AFP) June 5, 2018
At a recycling plant outside Tokyo, workers in face masks pick through an unending torrent of plastic rubbish, fuelled by a national obsession with pristine packaging - and famously strict rules that ensure much of it is reclaimed and reused. Some 10 tonnes of recyclable plastics are brought in every day to be processed at the Ichikawa Kankyo Engineering centre, where workers hover over con ... more
+ Macron's environmental record under fire as critics tally 'retreats'
+ Mediterranean could become a 'sea of plastic': WWF
+ Plastic wasteland: Asia's ocean pollution crisis
+ Cleaning up the 'sacred lake': locals tackle Titicaca pollution
+ Bad air day: Indian city chokes on world's worst pollution
+ Earliest European evidence of lead pollution uncovered in the Balkans
+ Delhi slum drowning in plastic as Environment Day focuses on India
First public forecasts from ViEWS, a political violence early-warning system
Uppsala, Sweden (SPX) Jun 11, 2018
The challenges of preventing, mitigating, and adapting to largescale political violence are daunting, particularly when violence escalates where it is not expected. With funding from the European Research Council, ViEWS: a political Violence Early-Warning System at Uppsala University, is developing a system that is rigorous, data-based, and publicly available to researchers and the international ... more
+ Merkel open to EU migration reform, Spain takes in stranded migrant ship
+ $3bn pledged for girls education at G7, delighting Malala
+ Puerto Rico morgue overflowing with unclaimed bodies
+ Peace needs at least 15 years: Colombian president
+ Sentinel-1 warns of refugee island flood risk
+ Seismometer readings could offer debris flow early warning
+ China floods to hit US economy: Climate effects through trade chains
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