Oil News and Gas News
June 14, 2018
OIL AND GAS
Surveys set for Australian offshore gas field



Washington (UPI) Jun 13, 2018
A geophysical survey company said Wednesday it was supporting data collection to help Woodside Petroleum develop its Scarborough field offshore Australia. Ocean Energy said it was awarded a contract by Woodside to provide data on the deepwater field off the Burrup Peninsula in Western Australia. The company said it would use autonomous underwater vehicles to scan areas in support of Woodside's field development plans. "We have worked closely with Woodside in developing a robust solution ... read more

OIL AND GAS
High gas prices will shorten, not cancel, U.S. summer road trips
Washington (UPI) Jun 13, 2018
Even though gas prices are eating up close to 10 percent of U.S. incomes, motor club AAA said Wednesday travel plans may be scaled back, but not cancelled. ... more
OIL AND GAS
Yergin: Permian oil production growth beats the whole world
Washington (UPI) Jun 13, 2018
Output from the Permian shale oil basin in the southern United States will account for 60 percent of world total production growth by 2023, analysis finds. ... more
OIL AND GAS
Nobody speaks for OPEC alone, Iran's oil minister says
Washington (UPI) Jun 13, 2018
No single country speaks as the unified voice of OPEC as decisions must be made collectively, the Iranian oil minister said, according to state media. ... more
OIL AND GAS
Oil prices inch lower, though supply-side fears linger
Washington (UPI) Jun 13, 2018
Crude oil prices moved slightly lower in early Wednesday trading amid expectations of higher U.S. oil inventories, though supply-side issues were apparent. ... more


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OIL AND GAS
IEA: Nobody wins in a market with oil supply deficits
Washington (UPI) Jun 13, 2018
Oil supply disruptions, from extraordinary events or otherwise, are not in the best interest of consumers or producers, the International Energy Agency said. ... more
OIL AND GAS
EU applauds Azeri gas tie to Turkey
Washington (UPI) Jun 13, 2018
With Azeri natural gas reaching the Turkish market, the European energy sector is closer to its strategic goals for diversification, a commissioner said. ... more
OIL AND GAS
Equinor sees break-evens slashed for Johan Castberg
Washington (UPI) Jun 12, 2018
Norwegian energy company Equinor said Tuesday its Johan Castberg field could be profitable so long as the price of oil is about $35 per barrel. ... more
OIL AND GAS
Gazprom Neft reports record dividend yield
Washington (UPI) Jun 12, 2018
Coming off a record-setting year in terms of income, Russian oil company Gazprom Neft's chairman said shareholders are now reaping the rewards. ... more
OIL AND GAS
Data confirms Cuban oil prospects
Washington (UPI) Jun 12, 2018
New data taken from an oil reservoir on the northern coast of Cuba confirm the assessment of a highly prospective site, Australia's Melbana Energy announced. ... more
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OIL AND GAS
Economic recovery for OPEC-member Angola shaky
Washington (UPI) Jun 12, 2018
Economic recovery for Angola, an OPEC member coping with declining production, is progressing but it's still uncertain over the long term, the International Monetary Fund found. ... more
OIL AND GAS
APICORP: Venezuela is the biggest risk for OPEC
Washington (UPI) Jun 12, 2018
The biggest risks to the OPEC-led effort to stabilize the oil market are outside the Middle East and North African region, an Arab investment bank found. ... more
OIL AND GAS
High gas prices influencing consumer habits
Washington (UPI) Jun 12, 2018
Consumer demand for gasoline might be on the decline as retail gasoline prices in the United States remain stubbornly high, sector analysis finds. ... more
OIL AND GAS
Economic data overshadows Trump-Kim meeting for oil
Washington (UPI) Jun 12, 2018
Uncertainty about global oil demand and an increase in U.S. fuel prices overshadowed U.S-North Korean talks to push oil prices slightly lower early Tuesday. ... more
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. ... more


Iraq accuses other oil producers of exceeding quotas

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
OILGASDAILY



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
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
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Scientists sustainably 3D print large objects out of cellulose
Washington DC (SPX) Jun 06, 2018
Scientists have developed a way to sustainably 3D print large objects using cellulose, a feat previously complicated by a variety of scaling issues and environmental concerns. Because cellulose is one of the most abundant commercially available compounds, material scientists have been trying to find ways to use it in additive manufacturing. But previous methods yielded too many toxic by ... more
+ How to suck carbon dioxide from the sky for fuels and more
+ 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
+ Freedom Solar steers Austin Subaru dealership into fast lane of sustainability
+ French energy company ENGIE claims renewable edge
+ Solenergy designs and constructs largest self-consumption energy system in SEA
+ Confined, insensitive light could improve lasers, solar cells
+ Scientists go deep to quantify perovskite properties
+ Lead-free, efficient perovskite for photovoltaic cells


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
+ Bulgarian parliament moves to revive nuclear project
+ Seawater yields first grams of yellowcake
+ Framatome and the EPR reactor: a robust history and the passion it takes to succeed
+ Widespread uranium contamination found in India's groundwater
+ Ukraine puts out forest fire around Chernobyl
+ Fire in Chernobyl zone, Kiev says radiation levels safe
+ World first EPR nuclear reactor begins work in China
Daily Newsletters - Space - Military - Environment - Energy

S.Africa lifts state of disaster over drought
Johannesburg (AFP) June 13, 2018
The South African government said Wednesday that the national state of disaster it declared in March over a drought that ravaged parts of the country had lapsed after significant rainfall. The three-year drought hit Cape Town particularly hard, threatening to leave residents of the country's second largest city without drinking water. The government said it had conducted assessments whic ... more
+ Can any civilization make it through climate change?
+ Germany admits will fall far short of 2020 climate target
+ Global warming can be limited by changing how we travel, heat homes, use devices
+ UNH researchers shine a light on more accurate way to estimate climate change
+ Rising CO2 poses bigger climate threat than warming, study says
+ 'Water is life': Ivory Coast city struggles with crippling drought
+ European Commission wants more climate funding
New Tesla software to offer 'full' autonomy, Musk says
Washington (AFP) June 11, 2018
An update to Tesla's Autopilot software coming in August will enable "full self-driving features" for the automaker's electric cars, chief executive Elon Musk says. Musk's comments come amid a race by automakers and tech firms to roll out fully autonomous vehicles, but also rising concerns about the safety of robotic systems. The Tesla founder made the disclosure in a Twitter conversatio ... more
+ Flying car startup backed by Google founder offers test flights
+ MIT study helps driverless cars change lanes more like humans do
+ VW says will pay 1 bn euro German fine over emissions cheating
+ Chinese electric carmaker Byton raises $500 mn to take on Tesla
+ 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
+ Germany orders recall of 60,000 Audis over emissions


In Iraq's Mosul, women desperate for news of 'disappeared'
Mosul, Iraq (AFP) June 13, 2018
Every Friday since Mosul was prised from the Islamic State group's clutches last July, women gather in the Iraqi city's Al-Minassa Square, desperate to learn the fate of husbands and sons. Dressed in black, with children in tow and brandishing photos, some fear their men have fallen victim to a cruel double jeopardy. They had been imprisoned by or forced to work for IS, only for Iraqi fo ... more
+ Iraq's Sadr announces alliance with pro-Iranian Ameri
+ Ex-miss Iraq calls for peace on Israel visit after selfie scandal
+ 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
+ Sadr strengthens legislative bloc ahead of Iraq poll recount
+ Iraq parliament orders full election recount
Trump says summit ended N. Korea nuclear threat
Seoul (AFP) June 13, 2018
US President Donald Trump arrived home Wednesday, insisting his historic summit with Kim Jong Un had ended North Korea's nuclear threat and the world could sleep safer. "There is no longer a Nuclear Threat from North Korea," Trump tweeted as Air Force One returned from Singapore. North Korean state TV, for its part, hailed Kim for "opening a new chapter" in relations with the US. Officia ... more
+ China urges 'full denuclearisation' as Kim-Trump meet
+ 'Pyongyang-bound' Trump says world avoided 'nuclear catastrophe'
+ Lights, camera, summit: critics pan White House Kim film
+ Kim invites Trump to visit Pyongyang as North hails 'radical switchover'
+ More harm than good: Assessing the nuclear arsenal tipping point
+ World can 'sleep well' after N.Korea summit, Trump says
+ Trump downplays abuses by Kim Jong Un's regime
Daily Newsletters - Space - Military - Environment - Energy

Tight squeeze for Hong Kong's young professionals
Hong Kong (AFP) June 13, 2018
As housing prices spiral in Hong Kong, young professionals are living in ever-shrinking spaces, with box-like "nano-flats" and co-shares touted as fashionable solutions. Blocks of sleek miniature apartments packed with mod cons are springing up around the densely packed city, pitched as an attractive and more affordable lifestyle choice, but still at an eye-watering cost. Finance worker ... more
+ Chinese vase found in attic sells for 16.2 million euros
+ Hong Kong golf course row exposes city's social divide
+ Hong Kong jails top independence leader for six years
+ 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
For Ethiopia's Abiy, big reforms carry big risks
Addis Ababa (AFP) June 13, 2018
Ethiopia's new prime minister Abiy Ahmed has announced a flurry of reforms to reshape the nation but implementing them will be harder, analysts say. Last week alone, Abiy shook up the security services, ended a nationwide state of emergency and announced plans to liberalise the economy and resolve a two-decade-old conflict with Eritrea. Yet those moves represent dramatic shifts in the po ... more
+ New EU 'peace fund' could buy weapons for Africa
+ US commando killed, four wounded in Somalia attack
+ 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


Two killed, one injured in Bulgaria military helicopter crash
Sofia (AFP) June 11, 2018
A Bulgarian military helicopter crashed during a training exercise on Monday evening near the southern city of Plovdiv, killing two of the three men onboard, the defence ministry said. The Soviet-made Mi-17 helicopter burst into flames after coming down from a height of 50 metres at around 8:30 pm (1730 GMT) not far from the Krumovo military airbase and Plovdiv's civilian airport. "Two o ... more
+ Sale of Apache helicopters, equipment to India gains approval
+ US approves sale of Apache attack choppers to India
+ Navy modifies Boeing contract for Super Hornet aircraft
+ Kongsberg contracted for parts on 150 F-35s
+ Pentagon and Lockheed Martin deliver 300th F-35 aircraft
+ Lockheed awarded $735.7M for F-35 production support
+ US fighter jet crashes off Japan coast
Samurai wasps could help orchard growers battle stink bug invasion
Washington DC (UPI) Jun 06, 2018
For homeowners, the brown marmorated stink bug can be a smelly nuisance. For orchard growers, the invasive insects are a very expensive problem. Researchers are hopeful they're close to a natural remedy: the samurai wasp, Trissolcus halyomorphae. Thanks to the work of Hillary Peterson, a Penn State doctoral student, researchers in Pennsylvania are beginning to test the wasp's pot ... more
+ US launches another trade case against China
+ Malaysia PM urges TPP 'renegotiation'
+ London hopes for bright tech future despite Brexit
+ 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
+ Trump trade fury torpedoes Canada's G7 summit
Daily Newsletters - Space - Military - Environment - Energy

Netanyahu quizzed as submarine graft probe witness
Jerusalem (AFP) June 12, 2018
Israeli Prime Minister Benjamin Netanyahu was on Tuesday questioned as a police witness in a probe of alleged corruption over the state purchase of three German submarines, his office said. Netanyahu is the subject of several corruption investigations, but he is not under suspicion in the submarine affair, known as Case 3000. "The prime minister gave his testimony in Case 3000. He has gi ... more
+ Summits fuel questions about Trump's embrace of autocrats
+ Norway wants to double US troops and deploy them closer to Russia
+ Summits fuel questions about Trump's embrace of autocrats
+ France challenges Beijing in South China Sea
+ Trump's vow to end US-SKorea drills catches Pentagon off guard
+ Tariffs not denting military relations with US allies: Mattis
+ Trump's G7 bust-up shows risks for North Korea summit


EU Parliament to phase out plastic water bottles
Strasbourg, France (AFP) June 12, 2018
The European Parliament has told its lawmakers and staff to set an example for EU citizens by no longer drinking water from plastic bottles by next year. The European Parliament bureau headed by Antonio Tajani and 14 vice presidents adopted a measure late Monday to phase out the plastic bottles and build a network of drinking fountains. "Happy to announce that the EP bureau has decided t ... more
+ Recycling plastic -- Japan style
+ 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
Landslides kill 12 as monsoon batters Rohingya refugees
Dhaka (AFP) June 12, 2018
Landslides triggered by monsoon rains killed at least 12 people Tuesday in Bangladesh near camps housing one million Rohingya refugees, officials said. Aid agencies have been warning of the potential for a humanitarian catastrophe over the coming months as heavy rains lash an area home to the world's largest refugee camp. Most of Tuesday's victims were buried under mud when surrounding h ... more
+ Science of squeezed oranges may help detection of failing bridges
+ Puerto Rico morgue overflowing with unclaimed bodies
+ Merkel open to EU migration reform, Spain takes in stranded migrant ship
+ First public forecasts from ViEWS, a political violence early-warning system
+ $3bn pledged for girls education at G7, delighting Malala
+ Peace needs at least 15 years: Colombian president
+ Sentinel-1 warns of refugee island flood risk
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