Oil News and Gas News
June 28, 2018
OIL AND GAS
German poll reveals a trust deficit for U.S. energy



Washington (UPI) Jun 27, 2018
An executive from German energy company Wintershall said rifts in trade policy are leading to a lack of trust in the United States as an energy supplier. Washington D.C. hosts this year's regular World Gas Conference at a time when the United States is developing as a lead oil and natural gas producer and exporter. U.S. President Donald Trump has said natural gas in particular could extend U.S. leverage over the horizon into the Asian and European markets. A third-part survey of 1,001 ad ... read more

OIL AND GAS
Oil takes center stage in Libyan conflict
Washington (UPI) Jun 26, 2018
The Libyan army lacks authority to take control over oil exports, the national oil company said in response to what could be a major blow to the OPEC member. ... more
OIL AND GAS
Natural gas is giving oil a run for its money
Washington (UPI) Jun 26, 2018
Natural gas is on pace to eat away at the edge for oil as a primary energy source and most sector leaders expect to spend money there, an industry poll found. ... more
OIL AND GAS
More oil found off the coast of OPEC-member Angola
Washington (UPI) Jun 26, 2018
The latest discovery of oil in the deep waters of OPEC-member Angola could hold as much as 300 million barrels of oil, Italian energy company Eni said. ... more
OIL AND GAS
After OPEC decision, Russia expresses economic optimism
Washington (UPI) Jun 27, 2018
A few days after Russia backed OPEC pledges on oil production, a Russian finance minister said Wednesday the pace of economic growth is accelerating. ... more


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OIL AND GAS
The direction for U.S. retail gas prices is unclear
Washington (UPI) Jun 26, 2018
With the price of oil moving erratically, perceptions over the direction for consumer fuel prices in the United States were mixed ahead of a major holiday. ... more
OIL AND GAS
Oil prices up slightly, balanced by Libyan risk and trade
Washington (UPI) Jun 26, 2018
Concerns about global trade tensions were balanced against national security concerns for OPEC-member Libya to lift crude oil prices higher early Tuesday. ... more
OIL AND GAS
Energy firms rise with oil prices but Asia investors uncertain
Hong Kong (AFP) June 27, 2018
Energy firms rallied on Wednesday after a surge in oil prices but most Asian markets fluctuated as trade war fears torment investors. ... more
OIL AND GAS
Iran says it's tough to erase 2 million barrels of oil from the market
Washington (UPI) Jun 27, 2018
It will be impossible for Iranian oil customers to bring imports down to zero within the next five months or so, a senior petroleum official said Wednesday. ... more
OIL AND GAS
Germany's E.ON starts new chapter
Washington (UPI) Jun 26, 2018
German energy company E.ON said Tuesday it started a new chapter with the completion of its stake in a Russian energy company to Finland's Fortun Corp. ... more
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OIL AND GAS
French energy company ENGIE sidesteps takeover questions
Washington (UPI) Jun 26, 2018
French energy company ENGIE said Tuesday it was addressing a Portuguese request by saying it wasn't bidding for a regional renewable unit of EDPR. ... more
OIL AND GAS
GE split isn't about Baker Hughes
Washington (UPI) Jun 27, 2018
General Electric's divestment from Baker Hughes shouldn't be seen as a reflection of the health of the exploration and production sector, an analyst said. ... more
OIL AND GAS
Russian, U.S. energy leaders to meet
Washington (UPI) Jun 25, 2018
Energy department heads from two of the world's leading natural gas producers, Russia and the United States, meet this week in Washington, the Kremlin said. ... more
OIL AND GAS
Arbitration sought over access to Senegal's oil
Washington (UPI) Jun 25, 2018
Disputes with Senegal's government over oil and gas exploration rights offshore may head to an international panel for arbitration, African Petroleum said. ... more
OIL AND GAS
Russia sees oil leverage with Saudi partnership
Washington (UPI) Jun 25, 2018
The head of Russia's sovereign wealth fund said Monday that coordinating with Saudi Arabia consolidated its leadership position in the global oil market. ... more


Brent crude oil prices fall further on OPEC production pledge

OIL AND GAS
Dutch govt seals gas deal once quake-hit field closes
The Hague (AFP) June 25, 2018
The Dutch government announced Monday it has made a deal with the country's largest gas extractor not to lay claim to residual gas reserves once it shuts down output from the quake-hit Groningen field. ... more
OILGASDAILY



OIL AND GAS
Fires from militant attacks put out at Libyan oil depots
Washington DC (UPI) Jun 25, 2018
A Libyan oil company announced that blazes at oil storage tanks at a depot in eastern Libya have been safely extinguished following mid-June militant attacks. ... more
OIL AND GAS
Drilling plans outlined for Israeli offshore natural gas
Washington (UPI) Jun 25, 2018
A floating production facility is slated to start drilling for natural gas off the coast of Israel by early next year, Energean Oil and Gas said Monday. ... more
OIL AND GAS
Hundreds of birds stricken after Rotterdam oil spill
The Hague (AFP) June 25, 2018
Animal rescue workers on Monday were frantically cleaning hundreds of birds after an oil spill in the Rotterdam harbour at the weekend, when an oil tanker hit a jetty dumping some 200 tonnes of bunker fuel. ... more
OIL AND GAS
Moon suggests Russian gas be piped to Koreas, Japan
Seoul (AFP) June 20, 2018
New pipelines could be laid to bring Russian gas through North Korea to the South and even on to Japan following the diplomatic thaw with Pyongyang, Seoul's leader suggested Wednesday. ... more
OIL AND GAS
Oil potential in West Africa building
Washington (UPI) Jun 21, 2018
Oil prospects from frontier basins in West Africa could unlock reserves in excess of 30 million barrels, Savannah Petroleum announced Friday. ... more
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Orange, tea tree and eucalyptus oils sweeten diesel fumes
Brisbane, Australia (SPX) Jun 18, 2018
QUT PhD researcher Ashrafur Rahman tested each of the waste oils for performance and emissions as a 10 per cent oil/90per cent diesel blend in a 6-cylinder, 5.9l diesel engine. "As only therapeutic grade oil can be used, there is a substantial volume of low-value waste oil that currently is stored, awaiting a use," Mr Rahman said. "Our tests found essential oil blends produced almost ... more
+ Critical plant gene takes unexpected detour that could boost biofuel yields
+ 'Tricking' bacteria into hydroxylating benzene
+ How to suck carbon dioxide from the sky for fuels and 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
Jumby Bay island to benefit from additional clean energy supply
Dresden, Germany (SPX) Jun 28, 2018
The small private island Jumby Bay, located in the north of Antigua, will soon reach almost complete autarky in terms of power supply. After the installation of eleven sun2live and sun2roof solar installations with a total capacity of 404 kWp last year, the clean energy provider PV Energy now expands this solar energy project and is about to implement a sun2safe xl managed micro grid. Upon ... more
+ Researchers solve major challenge in mass production of low-cost solar cells
+ Wartsila introduces new hybrid solar PV and storage solution
+ Sunvapor receives DoE contract to develop Solar Steam on Demand
+ A milestone on the path towards efficient solar cells
+ Spain takes forward step on renewable energy
+ ABB to install multipurpose microgrid in Australia
+ KYOCERA to participate in Japan's virtual power plant project to improve energy management


Batteries make offshore wind energy debut
Washington (UPI) Jun 27, 2018
The first battery used to store energy from wind power from a facility offshore Scotland was installed Wednesday, Norwegian energy company Equnior said. Equinor, formerly known as Statoil, started handing out contracts to deliver a 1 megawatt Lithium battery storage system for the Hywind wind farm off the Scottish coast last year. The company said Wednesday the system was connected so t ... more
+ India embarks on offshore wind energy effort
+ New wind turbines are even efficient in low winds
+ Cryptocurrency blowing in the wind as mine opens in Estonia
+ 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
The power to transform the industry
Paris (SPX) Jun 26, 2018
New technology has the power to improve competitiveness in nuclear power plant (NPP) maintenance, says Gilles Perrier, Head of Operational Excellence and Digital Transformation at Framatome's* Installed Base (IB) Business Unit.New technology has the power to improve competitiveness in nuclear power plant (NPP) maintenance, says Gilles Perrier, Head of Operational Excellence and Digital Transform ... more
+ Chernobyl's stray dogs offered new life in US
+ Creating a new composite fuel for new-generation fast reactors
+ Nuclear power shutdowns won't spike power prices
+ 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
+ Bulgarian parliament moves to revive nuclear project
Daily Newsletters - Space - Military - Environment - Energy

China unveils new climate goals for 2020
Washington DC (UPI) Jun 25, 2018
Guidelines published by the leading party in China during the weekend outline efforts to cut emissions by at least 15 percent by the end of the decade. The Central Committee of the Communist Party of China outlined goals for air quality and the broader environment from 2020, the official Xinhua News Agency reported. Chinese President Xi Jinping has put health at the forefront of ... more
+ Ocean's heat cycle shows that atmospheric carbon may be headed elsewhere
+ Drought haunts farmers in Poland, Baltic states
+ Drought-hit Iraq suspends farming of key crops
+ European leaders take climate agenda on a road trip
+ Scientists to study urban heat island effect using water tunnel
+ S.Africa lifts state of disaster over drought
+ Can any civilization make it through climate change?
Strict new emissions tests disrupt Volkswagen production
Frankfurt Am Main (AFP) June 7, 2018
German auto giant Volkswagen has warned it will have to halt production at its main Wolfsburg plant for several days next quarter as it adapts to rigorous new EU emissions tests. "We must plan for interruptions to production in the third quarter," VW chief executive Herbert Diess told workers Wednesday. He told staff to expect "closure days" in late summer and September. New emission ... more
+ First investor complaint filed against Daimler over 'dieselgate'
+ China's Didi steps up challenge to Uber with Australia push
+ Lyft value jumps to $15.1 billion in new funding round
+ New tool will help protect animals from harmful hues of transport lights
+ Electric scooter-sharing moves into the fast lane
+ Daimler cuts profit forecast, blaming US-China tariffs
+ Could this material enable autonomous vehicles to come to market sooner?


Iraqis fill the Mosul airwaves after IS radio silence
Mosul, Iraq (AFP) June 22, 2018
During the Islamic State group's rule in Mosul, radio stations were banned and replaced with broadcasts of jihadist propaganda. Today, young Iraqis are filling the city's airwaves. One budding presenter is Nour Tai, who at 16 years old faces the microphone with a confident tone and a professional style. She hosts a weekly programme on One FM, a Mosul station launched in February that bro ... more
+ Iraq PM and cleric Sadr agree alliance
+ Iraq says it killed 45 IS jihadists in Syria strike
+ Iraqis begin colossal clean-up campaign in battered Mosul
+ Iraqis fill the Mosul airwaves after IS radio silence
+ Baghdad mall apologises for barring war orphans
+ Biggest Iraqi tribe calls for arms to defend against IS
+ 7 shepherds killed as IS 'danger' grips Iraqi desert
Nuclear deal collapse would be 'very dangerous': Iran minister
Tehran (AFP) June 24, 2018
Iran's Foreign Minister Mohammad Javad Zarif warned Sunday that failure to save the nuclear deal after the exit of the United States would be "very dangerous" for Tehran. The United States announced in May that it was withdrawing from the 2015 nuclear deal and reimposing sanctions that would hit international businesses working in the Islamic republic. The other parties to the deal - Br ... more
+ Navy contracts for submarine ballistic missile re-entry systems
+ Ten days after Trump-Kim summit, hard work is yet to begin
+ N. Korea still building at nuclear site: monitor
+ Despite summit, N.Korea still a nuclear threat, says Trump
+ Mattis visits China amid Korea talks, strategic tensions
+ US suspending more training exercises with S. Korea: Pentagon
+ Iran's Khamenei says 'no need' to join global agreements
Daily Newsletters - Space - Military - Environment - Energy

Chinese police break up protest of military veterans
Beijing (AFP) June 25, 2018
Police have dispersed military veterans who had demonstrated in an eastern Chinese city to protest the alleged beating of elderly ex-soldiers demanding better pensions, witnesses told AFP on Monday. The demonstrations highlighted the years-long struggle among former soldiers of the world's biggest standing army to get better benefits, posing a headache for the country's Communist leadership. ... more
+ Dominican Republic names ambassador to China
+ US plans beefed up scrutiny of Chinese investments: Bloomberg
+ China pledges $100 million in military aid to Cambodia
+ Chinese parents-to-be seek more fertile ground abroad
+ Nepal PM to seek investment on first official China trip
+ Malaysia power shift hits China infrastructure drive
+ Ex-head of China insurance regulator pleads guilty to bribes
Gambia leader meets victims' families after deadly protest
Banjul, Gambia (AFP) June 22, 2018
Gambian president Adama Barrow paid tribute on Friday to three young protesters killed by police in an anti-pollution rally, urging witnesses to come forward to a commission of inquiry set up by his government. "You are the people that witnessed what happened here that day," Barrow told his audience in the village of Faraba Banta, 50 kilometres (30 miles) from the capital, Banjul. "You ... more
+ Death toll from Gambia protest rises to three
+ Environment the loser in Gabon capital's rush for growth
+ Gambian police kill two anti-pollution protestors
+ Boko Haram kills nine soldiers in Nigeria
+ Gambia president vows justice after police kill two protesters
+ France, Britain, US put UN hold on Chinese arms deliveries to C. Africa
+ Uganda commissions new Chinese highway to ease congestion


Lockheed wins more than $1 billion for F-16 production
Washington (UPI) Jun 25, 2018
Lockheed Martin has been awarded a contract for F-16 production for the kingdom of Bahrain. The deal, announced Friday by the Department of Defense, is valued at more than $1.124 billion under the terms of a fixed-price-incentive-firm contract that enables Lockheed Martin to provide 16 F-16 V Block 70 aircraft, according to the Pentagon. The F-16 Fighting Falcon is a single-engin ... more
+ Navy awards contract for F-35 support outside U.S.
+ UK lawmakers approve expanding London's Heathrow airport
+ NASA's experimental supersonic aircraft now known as X-59 QueSST
+ NASA technologies significantly reduce aircraft noise
+ V-22 Ospreys to receive ballistic protection panels
+ Turkey gets first F-35 delivery from US
+ Air Force resumes B-1 bomber flight operations after safety concerns
EU, China vow to uphold global trade order despite divisions
Beijing (AFP) June 25, 2018
The European Union and China pledged on Monday to strengthen a rules-based international trading system amid US protectionism, although the EU highlighted its concerns about Beijing's own restrictive market practices. Officials on both sides pledged to strengthen the World Trade Organization, announcing a plan to cooperate on updating the body which has come under blistering criticism from ... more
+ Mnuchin rebuts reports on new China investment restrictions
+ US restrictions on Chinese investment next front in trade dispute
+ Trump favors tougher foreign investment oversight but stops short of targeting China
+ China launches $200 mn mining venture with largest Tajik smelter
+ China's central bank to cut reserve requirements
+ China's Xi denounces 'protectionism, isolationism and populism'
+ Malaysia murder case linked to Najib 'may be re-opened'
Daily Newsletters - Space - Military - Environment - Energy

US, Chinese defence chiefs talk cooperation despite tensions
Beijing (AFP) June 27, 2018
US Defense Secretary James Mattis met his Chinese counterpart in Beijing on Wednesday, aiming to find areas of cooperation despite a mounting military rivalry between the two superpowers. On his first ever visit to China, the Pentagon chief was greeted at the headquarters of the People's Liberation Army by an honour guard and marching band playing the US and Chinese anthems. In opening r ... more
+ Pentagon chief Mattis reduced to carrying out orders he dislikes
+ US defence chief visits China as tensions simmer
+ Nine EU countries sign up for European military intervention plan
+ Xi refuses to budge on South China Sea in talks with US defense chief
+ Ahead of NATO summit, Trump urges Canada to up defense spending
+ Having more allies may decrease a country's power
+ NATO chief congratulates Erdogan on Turkey election win


BHP, Vale agree to settle one Samarco suit, second delayed
Sydney (AFP) June 26, 2018
Mining giants BHP and Vale, co-owners of Samarco, Tuesday reached agreement with Brazilian public authorities to settle a 20 billion real (US$5.3 billion) civil suit over a mine collapse that left 19 people dead. The companies also established a framework to progress a second 155 billion real claim brought by federal prosecutors in the next two years, Australia's BHP said in a statement. ... more
+ Understanding the formation of chemical byproducts during water treatment
+ Environment the loser in Gabon capital's rush for growth
+ Nanomaterials could mean more algae outbreaks for wetlands, waterways
+ Wastewater treatment plants are key route into UK rivers for microplastics
+ Japan passes anti-plastic law but with no sanctions for polluters
+ Delhi reels as summer haze catches Indian capital off guard
+ EU Parliament to phase out plastic water bottles
NATO says ready to help Italy in Libya
Rome (AFP) June 24, 2018
NATO chief Jens Stoltenberg said Sunday the alliance was prepared to help out in troubled Libya as it grapples with a migrant crisis but warned there were no military solutions. Speaking to Italian daily La Repubblica, Stoltenberg said: "NATO is ready to help Libya construct its security institutions". NATO experts were already "in contact with Libya authorities to see how to assist them ... more
+ Split families in limbo amid Trump immigration chaos
+ Nearly 1,000 migrants rescued off Libya coast: navy
+ Pentagon to prepare 20,000 beds for migrant children
+ US military to help prosecute migrant cases
+ Four US states refuse to deploy National Guard to border amid outcry
+ Economic optimization risks tipping of Earth system elements
+ Embry-Riddle researchers seek to improve hurricane evacuations and fuel supply
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