Oil News and Gas News
July 09, 2018
OIL AND GAS
U.S. supply build, trade fears send oil prices lower



Washington (UPI) Jul 6, 2018
Oil prices turned lower before the start of U.S. trading amid fears of the consequences of a global trade war and in response to a build in U.S. oil levels. "It's finally here - the trade war the Trump administration has threatened to launch against China," commentary published Friday by China's official Xinhua News Agency read. "But the trade victory the administration has promised its people is now more elusive than ever." The Chinese government responded with reciprocal trade restric ... read more

OIL AND GAS
SSudan rebel leader set to be reinstated as vice president
Kampala (AFP) July 7, 2018
South Sudan's warring leaders agreed to a power-sharing deal in Uganda Saturday that will see the rebel leader return to his position as vice president, Sudan's foreign minister said. ... more
OIL AND GAS
No time to relax on the economy, Russia says
Washington (UPI) Jul 6, 2018
Two weeks after helping secure a new arrangement with OPEC, Russian President Putin said the economy was stable, but exposed to external risks. ... more
OIL AND GAS
Labor stikes planned for Total platforms in the North Sea
Washington (UPI) Jul 6, 2018
Labor action taken against Total operations in the British waters of the North Sea won't build confidence for the oil and gas sector, a trade group said Friday. ... more
OIL AND GAS
Libyan oil boss presses for investor confidence
Washington (UPI) Jul 6, 2018
A Libyan oil executive called on international investors to remain committed to the country, adding economic problems could have a spillover effect. ... more


Previous Issues Jul 07 Jul 06 Jul 05 Jul 04 Jul 03
Advertise at Space Media Network Directed Energy And Next Generation Munitions - Jun 25-26 - On Line Event
DSI's 2nd DoD Hypersonic Capabilities Symposium Jul 20-21, 2020 Alexandria, VA
Human 2 Mars Summit - Washington DC - Aug 31 - Sep 01, 2020
Hypersonic Weapons Summit 2020 | Oct 28 - Oct 30 | Washington DC
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review
OIL AND GAS
World powers back Iran oil exports despite US sanctions threat
Vienna (AFP) July 6, 2018
Iran's remaining partners in the 2015 nuclear deal vowed Friday to keep the energy exporter plugged into the global economy despite the US withdrawal and sanctions threat. ... more
OIL AND GAS
UBS: Oil market at risk from supply shocks
Washington (UPI) Jul 5, 2018
Even with Saudi Arabia offering market assurances, concerns about dwindling spare capacity could push oil prices above $80 per barrel, Swiss bank UBS said. ... more
OIL AND GAS
Taiwan businessman indicted over North Korea oil sales
Taipei (AFP) July 5, 2018
A Taiwanese businessman has been indicted over illegal oil sales to North Korea, prosecutors said Thursday, flouting UN sanctions against the nuclear-armed regime. ... more
OIL AND GAS
Oil prices face inventory, spare capacity test
Washington (UPI) Jul 5, 2018
Crude oil prices were relatively flat before the opening bell in New York, though concerns about the lack of buffers could push indices higher Thursday. ... more
OIL AND GAS
New oil found in wildcat well in Norwegian waters
Washington (UPI) Jul 5, 2018
As much as 8 million barrels of oil have been discovered in parts of the North Sea not previously known to contain petroleum, the Norwegian government said. ... more
24/7 Disaster News Coverage
24/7 Technology News Coverage
24/7 China News Coverage



OIL AND GAS
Debate stirs over authority over British shale
Washington (UPI) Jul 5, 2018
Diminishing the national significance of British shale natural gas work creates unnecessary delays for developing the fledgling industry, a trade group said. ... more
OIL AND GAS
Maduro warns Venezuela army over Trump 'invasion' plans
Caracas (AFP) July 5, 2018
President Nicolas Maduro urged his armed forces Wednesday to be on guard following news reports in the United States that a year ago President Donald Trump raised the possibility of invading Venezuela. ... more
OIL AND GAS
Gas production a vote of confidence for Libya
Washington (UPI) Jul 5, 2018
The start of natural gas production off the coast of Libya is a breath of fresh air for a country facing significant security risks, a company chairman said. ... more
OIL AND GAS
Iran blames Trump for the spike in oil prices
Washington (UPI) Jul 5, 2018
The Iranian governor to OPEC said Thursday the U.S. president should avoid stepping into the production group's work with calls to drive down the price of oil. ... more
OIL AND GAS
Greenpeace activists rappel from Canadian bridge to protest oil pipeline
Montreal (AFP) July 5, 2018
Canadian police tried in vain Wednesday to remove Greenpeace activists who have rappelled from a bridge to protest an oil pipeline project, blocking marine traffic in the port of Vancouver. ... more


Get ready for big swings in U.S. gas prices

OIL AND GAS
Oil prices chart new territory on supply-side concerns
Washington (UPI) Jul 3, 2018
Crude oil prices rose on Tuesday with the U.S. benchmark hitting a four-year high on expected drains in domestic inventories and outages in Libya. ... more
OILGASDAILY



OIL AND GAS
Iran's oil can still flow, the country's first vice president says
Washington (UPI) Jul 3, 2018
Iran's first vice president said the U.S. government's efforts to force Tehran's customers to stop importing any of its oil by November is not realistic. ... more
OIL AND GAS
When oil and water mix
Boulder CO (SPX) Jul 04, 2018
Hydraulic fracturing of organic-rich shales has become a major industry. The commonly used term for this extraction of hydrocarbons - fracking - is especially intriguing. Not only does it convey the ... more
OIL AND GAS
U.A.E. joins OPEC members with commitment to more oil output
Washington (UPI) Jul 3, 2018
The United Arab Emirates became the latest party to an OPEC-led effort to stabilize the oil market with pledges of an increase in production on Tuesday. ... more
OIL AND GAS
Shares in Norwegian driller Seadrill trading again
Washington (UPI) Jul 3, 2018
Offshore drilling company Seadrill said it appointed a new board of directors, put its shares back on the market and has emerged from Chapter 11 bankruptcy. ... more
OIL AND GAS
New oil phase under way for offshore Guyana
Washington (UPI) Jul 3, 2018
A contract for a floating production vessel offshore Guyana marks the start of the second phase of development of the giant Liza oil field, SBM Offshore said. ... more
24/7 Nuclear News Coverage
24/7 War News Coverage
24/7 War News Coverage



Biorenewable, biodegradable plastic alternative synthesized by CSU chemists
Fort Collins CO (SPX) Jul 03, 2018
Colorado State University polymer chemists have taken another step toward a future of high-performance, biorenewable, biodegradable plastics. Publishing in Nature Communications, the team led by Professor of Chemistry Eugene Chen describes chemical synthesis of a polymer called bacterial poly(3-hydroxybutyrate) - or P3HB. The compound shows early promise as a substitute for petroleum plast ... more
+ Enzyme boost could hasten production of biofuels and other bioprocessed materials
+ New catalyst upgrades carbon dioxide to fuels found by USTC
+ Researchers discover new enzyme paradigm for critical reaction in converting lignin to useful products
+ I.Coast studies first cocoa-fired power station
+ Researchers report novel hybrid catalyst to split water
+ Orange, tea tree and eucalyptus oils sweeten diesel fumes
+ Critical plant gene takes unexpected detour that could boost biofuel yields
Surrey makes breakthrough in perovskite solar cell technology
Surrey UK (SPX) Jul 03, 2018
The University of Surrey has helped to create a technique that has produced the highest performing inverted perovskite solar cell ever recorded. Perovskite based cells are widely viewed as the next generation of solar cells, offering similar power conversion efficiency (PCE) performance, but at a much lower cost than the market dominant crystalline silicon based solar cells. In a stu ... more
+ Shedding light on the energy-efficiency of photosynthesis
+ High performance nitride semiconductor for environmentally friendly photovoltaics
+ Jumby Bay island to benefit from additional clean energy supply
+ 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


Clock starts for Germany's next wind farm
Washington (UPI) Jul 5, 2018
German energy company E.ON said Thursday the start of turbine installation at the Arkona wind farm in the Baltic Sea sets the clock ticking for a 2019 launch. The company said it started installing the first of the 60 turbines planned for the 385 megawatt facility in the German waters of the Baltic Sea. Once completed, Arkona will have enough power to meet the annual power demand of aro ... more
+ ENGIE: Wind energy footprint firmed up in Norway
+ Batteries make offshore wind energy debut
+ 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
Greenpeace activists 'crash' drone into French nuclear plant
Lyon (AFP) July 3, 2018
Greenpeace activists said Tuesday they had flown a drone fitted out as a flying Superman into a nuclear energy plant in southeast France, aiming to show how the country's reactors are vulnerable to terror attacks. A video released by the environmental group shows the drone zipping through restricted airspace above the Bugey plant about 25 kilometres (16 miles) outside Lyon before crashing in ... more
+ Electrospun sodium titanate speeds up the purification of nuclear waste water
+ UAE further delays launch of first nuclear reactor
+ French MPs warn of nuclear safety 'failings'
+ The vanishing nuclear industry
+ Japan aims for 24% renewable energy but keeps nuclear central
+ Framatome welcomes Taishan 1 grid connection, the first EPR reactor in the world
+ First EPR nuclear reactor goes on stream in China
Daily Newsletters - Space - Military - Environment - Energy

Europe looking for climate strategies to 2050
Washington (UPI) Jul 6, 2018
The European commissioner for climate action said Friday it's time to start looking beyond the horizon outlined in the Paris climate agreement. "The clean energy transition will be key, and achieving our climate objectives will require contributions from every part of the economy and society," European Climate Commissioner Arias CaƱete said in a statement. The European Commissio ... more
+ Macron rallies sovereign wealth funds against climate change
+ In a warming world, could air conditioning make things worse?
+ Dutch unveil ambitious law to cut greenhouse gases
+ Climate models fail to account for CO2's impact on life, scientists say
+ Latvia declares state of disaster over drought
+ China unveils new climate goals for 2020
+ Ocean's heat cycle shows that atmospheric carbon may be headed elsewhere
China's Baidu rolls out self-driving buses
Beijing (AFP) July 4, 2018
China's internet giant Baidu announced Wednesday it had begun mass producing the country's first autonomous mini-bus, as the firm prepares to roll them out in tourist spots and airports. CEO Robin Li watched the 100th vehicle roll off a production line of a factory in the southeastern city of Xiamen. "2018 marks the first year of commercialisation for autonomous driving. From the mass pr ... more
+ Lyft pushes into bikes with new acquisition
+ Strict new emissions tests disrupt Volkswagen production
+ Volkswagen to stash cars at Berlin's problem airport
+ Lyft value jumps to $15.1 billion in new funding round
+ First investor complaint filed against Daimler over 'dieselgate'
+ China's Didi steps up challenge to Uber with Australia push
+ New tool will help protect animals from harmful hues of transport lights


Iraq calls for repatriation of children of foreign jihadists
Baghdad (AFP) July 3, 2018
Iraq called Tuesday for the home countries of foreign jihadists held in its jails to repatriate hundreds of children of the captured militants. At least 833 children of 14 nationalities are currently in prison in Iraq, according to the Joint Operations Command, which coordinates the fight against the Islamic State group. "We ask all diplomatic missions in Iraq, resident and non-resident, ... more
+ Partial vote recount begins in Iraq's Kirkuk
+ Child beggars fill Mosul streets a year on from IS
+ Waves of strikes pound south Syria after talks fail
+ Iraqis say Russian missiles killed IS leader's son
+ Post-Saddam Iraq faces parliamentary vacuum for first time
+ Congolese doctor helps Yazidi women overcome rape stigma
+ Iraq executes 13 death row jihadists to avenge killings
Iran's Zarif hails 'will to resist' US pressure on nuclear deal
Vienna (AFP) July 6, 2018
Iran's top diplomat on Friday praised the country's remaining partners in a landmark 2015 nuclear deal for their "will to resist" US pressure after Washington withdrew from the deal in May. "What I noticed during this meeting is that all the members, even the three allies, have committed and have the political will to take action and resist the United States," Foreign Minister Mohammad Javad ... more
+ Pompeo preaches prosperity to North Korea, via Vietnam
+ Pompeo in N. Korea to seek 'details' on denuclearisation
+ World powers seek to keep Iran in nuclear accord after US pullout
+ French shipping firm drops Iran over US sanctions threat
+ Pompeo brushes off N.Korea 'gangster' tag, says sanctions to stay
+ Iran talks aim to save nuclear deal after US pullout
+ Pompeo sets off for North Korea nuclear talks
Daily Newsletters - Space - Military - Environment - Energy

Beijing eyes UNESCO status for Mao tomb, Tiananmen Square
Beijing (AFP) July 5, 2018
Beijing wants to have Mao Zedong's Mausoleum and Tiananmen Square, powerful and controversial symbols of Chinese communist might, inscribed on the UNESCO World Heritage List, official media reported on Thursday. The Chinese capital wants to apply for 14 sites in total to receive UNESCO World Heritage status by 2035, the state-run Global Times quoted city official Shu Xiaofeng as saying. ... more
+ Thousands march in Hong Kong as restrictions grow
+ US plans beefed up scrutiny of Chinese investments: Bloomberg
+ Chinese police break up protest of military veterans
+ Dominican Republic names ambassador to China
+ 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
Buhari says Boko Haram-hit NE Nigeria now 'post-conflict'
Monguno, Nigeria (AFP) July 6, 2018
Nigeria's remote northeast is in a "post-conflict stabilisation phase", President Muhammadu Buhari said on Friday, despite persistent attacks by Boko Haram insurgents. The Islamist insurgency has devastated the region since 2009, leaving at least 20,000 dead, displacing more than 2.6 million others and triggering a wider humanitarian crisis. Buhari, his military commanders and government ... more
+ Research shows plants in Africa 'green up' ahead of rainy season
+ Eritrea and peace with Ethiopia: Four questions
+ Zimbabwe army vows vote neutrality as opposition raises boycott prospect
+ Djibouti launches 'Africa's biggest free trade zone'
+ 7 killed in clashes between DR Congo, Ugandan navies
+ Locals lose out in Rwanda's second-hand clothes war
+ Pursuing poachers, and tourism, to boost Mozambique's conservation


GE contracted for F414 engine support on Super Hornet, Growler aircraft
Washington (UPI) Jul 3, 2018
General Electric has been awarded a contract for support of the F414 engine, found in the Super Hornet and Growler aircraft. The contract, announced Monday by the Department of Defense, comes under a $37 million modification to an existing contract for the repair, replacement and general support of 773 F414 engines for the F/A-18E and F Super Hornet and EA-18G Growler fighter aircraft. ... more
+ Bell-Boeing receives $4.2B contract for Ospreys for U.S., Japan
+ Polish MiG crash kills fighter pilot
+ Lockheed to support, train Iraqi air force on C-130J aircraft
+ Boeing to build 4 new Chinooks for U.S. Special Operations
+ Australia shelves MH370 memorial after relatives protest
+ Cherokee Nation Aerospace contracted for F-16 upgrades
+ UK lawmakers approve expanding London's Heathrow airport
China counterpunches against US in growing trade war
Washington/Beijing (AFP) July 6, 2018
China on Friday struck back against US President Donald Trump's trade offensive, intensifying the expanding and unpredictable dispute between the world's two largest economies. Late Friday, China announced it was expanding its existing complaint against the United States at the World Trade Organization, hours after the countries slapped tit-for-tat tariffs on billions of dollars of cross-bor ... more
+ China eyes eastern Europe investment as US trade war sizzles
+ US, China fire first shots in 'largest trade war in economic history'
+ Malaysia suspends multi-billion dollar China-backed deals
+ China pledges more 'selfless' loans to Sri Lanka
+ EU 'possibly as bad as China' on trade: Trump
+ manufacturing activity slows in June
+ Texas presses Trump on aluminum, steel tariffs
Daily Newsletters - Space - Military - Environment - Energy

Trudeau to visit Latvia ahead of NATO summit
Ottawa (AFP) July 3, 2018
Canadian Prime Minister Justin Trudeau will fly to Latvia for a two-day visit starting July 9, ahead of the NATO summit in Brussels, his office said Tuesday. In addition to holding talks in Riga with Latvian Prime Minister Maris Kucinskis and President Raimonds Vejonis, Trudeau is also set to visit the Canadian-led multinational NATO Enhanced Forward Presence battlegroup based in the country ... more
+ Chinese troops join Belarus military parade as ties grow
+ Germany announces 'significant' hike in defence budget
+ Greek coalition partner vows to block Macedonia deal
+ NATO, Russia, friends, enemies: Trump reshuffles the deck
+ NATO leaders fear Trump crisis at key summit
+ Turkey seeks nearly 350 arrests over Gulen ties: report
+ No plan for US troops to leave Germany: White House


India's most populous state bans plastic, yet again
New Delhi (AFP) July 6, 2018
India's most populous state Uttar Pradesh, home to 220 million people, announced Friday a ban on plastic cups and polythene use from July 15, in its third such attempt. Prime Minister Narendra Modi has pledged to make India free of single-use plastic by 2022, and the majority of India's 29 states have a full or partial ban. However the law is rarely enforced, and Uttar Pradesh's previou ... more
+ Chilean court ratifies plastic bag ban after appeal
+ Trump's scandal-plagued environment chief resigns
+ Seattle bans plastic straws, but US still has a long way to go
+ Air pollution plays significant role in diabetes: study
+ Last straw for McDonald's, Burger King in Mumbai plastic ban
+ Romania asks UNESCO to delay decision on gold mining region
+ War on plastic leaves manufacturers clutching at straws
Facial recognition was key in identifying US shooting suspect
Washington (AFP) June 29, 2018
Facial recognition technology, which has drawn criticism from civil liberties activists in recent years, was used to identify the suspect in Thursday's newsroom shooting which left five dead in Annapolis, Maryland. Police said suspect Jarrod Ramos, who had a prior arrest record, had refused to cooperate with authorities after he was taken into custody and that his fingerprints could not imme ... more
+ Stateless teen praised as 'gem' in Thai cave ordeal
+ 21 dead, many more bodies seen inside sunken Thai tourist boat
+ Artificial intelligence accurately predicts distribution of radioactive fallout
+ Thailand cave rescue: What now for the boys?
+ Libyan navy says 63 missing in new Mediterranean shipwreck
+ Thai boys need hope, exercise to survive cave ordeal: experts
+ Agonising rescue ahead for Thai cave boys as nation rejoices
Buy Advertising Media Advertising Kit Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, are Copyright 1995-2018 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement