Oil News and Gas News
July 18, 2018
OIL AND GAS
Wasteful gas flaring starting to decline, World Bank says



Washington (UPI) Jul 17, 2018
Gas flaring from oil and gas operations, a source of greenhouse gas emissions, is on the decline, but reaching a goalpost remains elusive, the World Bank said. The United Nations and World Bank in 2015 endorsed a goal of zero routine flaring by 2030. The aim, which has support from 27 governments and more than two dozen oil companies, is to find ways to eliminate the burning off of the natural gas associated with oil production no later than 2030. Satellite data from a World Bank-managed ... read more

OIL AND GAS
GasBuddy: U.S. gas price stability masking some volatility
Washington (UPI) Jul 17, 2018
U.S. retail gasoline prices have remained relatively stable over the last month, though that masks some underlying volatility, analysis finds. ... more
OIL AND GAS
Transocean delivers one-two rig contract punch
Washington (UPI) Jul 17, 2018
Rig company Transocean said Tuesday it landed a multi-well contract for Chevron off the coast of Australia, adding support from the previous trading day. ... more
OIL AND GAS
Oil prices face more pressure early Tuesday
Washington (UPI) Jul 17, 2018
Oil prices tread water Tuesday ahead of the start of U.S. trading from a European-Japanese trade agreement, offsetting headwinds from supply commitments. ... more
OIL AND GAS
Kurdish oil production jumps by more than 60%
Washington (UPI) Jul 17, 2018
Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 percent, Norwegian energy company DNO announced Tuesday. ... more


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OIL AND GAS
Iran lodges complaint against US over renewed sanctions
The Hague (AFP) July 17, 2018
Iran has called on the UN's top court to order the United States to immediately lift sanctions re-imposed by President Donald Trump in May claiming they are causing "irreparable prejudice," the tribunal said Tuesday. ... more
OIL AND GAS
IEA frets over global spending on energy
Washington (UPI) Jul 17, 2018
China is the largest destination for energy sector investments, but there are concerning trends of a global slowdown, the International Energy Agency said. ... more
OIL AND GAS
3-year agreement reached for Brazil offshore infrastructure
Washington (UPI) Jul 17, 2018
A three-year agreement for work in offshore infrastructure covers Brazil, one of the world's emerging oil leaders, TechnipFMC said Tuesday. ... more
OIL AND GAS
Maersk Drilling gets North Sea vote of confidence
Washington (UPI) Jul 13, 2018
Danish offshore company Maersk Drilling said it was breathing a sigh of relief after getting contract extensions for two of its rigs in the North Sea. ... more
OIL AND GAS
Total becomes a global leader in LNG
Washington (UPI) Jul 13, 2018
French supermajor Total said Friday it's now one of the largest liquefied natural gas companies in the world after buying assets from its counterpart, Engie. ... more
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OIL AND GAS
Projection: U.S. oil production strong until 2030, then wanes
Washington DC (UPI) Jul 16, 2018
While oil production from U.S. shale basins has been relentless, it will be other producers contributing to long-term supply growth, Wood Mackenzie found. ... more
OIL AND GAS
Iran asks Saudi Arabia to stick to OPEC agreements
(UPI) Jul 16, 2018
Saudi Arabia is reminded of its obligations to production quotas outlined by an OPEC-led agreement brokered in late 2016, Iran's oil minister said Monday. ... more
OIL AND GAS
Slow-growth concerns drag oil prices lower
Washington (UPI) Jul 16, 2018
Crude oil prices moved sharply lower ahead of the start of U.S. trading on Monday on signs of cooling economic growth and emerging supplies. ... more
OIL AND GAS
Aker BP's revenue supported by improved market conditions
Washington (UPI) Jul 13, 2018
Production costs in the second quarter were in line with expectations and revenues were supported by improved commodity prices, Aker BP said Friday. ... more
OIL AND GAS
Strikes offshore Norway escalate
Washington (UPI) Jul 16, 2018
A labor group representing offshore employers in Norway said the nation's reputation as an oil and gas producer was at stake because of strikes. ... more


Nigerian oil bandits could upend political climate

OIL AND GAS
Drill more, Norway's energy regulator says
Washington DC (UPI) Jul 16, 2018
With oil output slipping from offshore Norway, a government regulator said Monday there was a strong focus on increasing exploration and production activity. ... more
OILGASDAILY



OIL AND GAS
Iraqi media: Oil-rich Basra is a 'battlefield'
Washington (UPI) Jul 16, 2018
Authorities in southern Iraq are concerned about the risk to the nation's oil given the political unrest gripping Basra, Iraqi media reported Monday. ... more
OIL AND GAS
Egyptian natural gas prospects improving
Washington DC (UPI) Jul 16, 2018
Africa-focused SDX Energy said Monday it achieved success at an emerging natural gas reservoir that could be in production by the fourth quarter. ... more
OIL AND GAS
Big petroleum projects in Argentina face tiny challenge: a lizard
Buenos Aires (AFP) July 13, 2018
A tiny but critically endangered lizard found in Argentina's extensive Vaca Muerta petroleum field could pose a major challenge to companies planning multimillion-dollar investments in the area. ... more
OIL AND GAS
UN slaps arms embargo on South Sudan
United Nations, United States (AFP) July 13, 2018
The UN Security Council on Friday imposed an arms embargo on South Sudan and sanctions on two military officials, ratcheting up pressure after the latest diplomatic efforts failed to end nearly five years of war. ... more
OIL AND GAS
Volatile world means volatile oil prices, Russia's energy minister says
Washington (UPI) Jul 13, 2018
Volatile crude oil prices reflect a volatile geopolitical climate as well as concerns about global trade tensions, Russia's energy minister said Friday. ... more
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Carbon dioxide-to-methanol process improved by catalyst
University Park PA (SPX) Jul 12, 2018
Dramatic improvements have been made to the process of converting carbon dioxide, a greenhouse gas, to methanol, a fuel and building block for a wide range of everyday materials, according to Penn State researchers. Atmospheric carbon dioxide concentrations are increasing and climate change is becoming a worldwide concern requiring global efforts to reduce carbon dioxide emissions. One app ... more
+ Finding the right balance for catalysts in the hydrogen evolution reaction
+ Biorefineries will have only minimal effects on wood products and feedstocks markets
+ New 'promiscuous' enzyme helps turn plant waste into sustainable products
+ Researchers discover new enzyme paradigm for critical reaction in converting lignin to useful products
+ Biorenewable, biodegradable plastic alternative synthesized by CSU chemists
+ Enzyme boost could hasten production of biofuels and other bioprocessed materials
+ New catalyst upgrades carbon dioxide to fuels found by USTC
Latin America's largest solar park turns Mexican desert green
Viesca, Mexico (AFP) July 13, 2018
Driving through the endless dunes and cacti of the Chihuahuan desert in northern Mexico, a shimmering blue field suddenly appears on the horizon - not a mirage, but the largest solar park in Latin America. This silent stretch of sand in the state of Coahuila is the spot the Italian energy giant Enel picked to build the Villanueva power plant: 2.3 million solar panels that sprawl across a su ... more
+ How gold nanoparticles could improve solar energy storage
+ Longer contracts leverage the free fuel in solar power at little OM costs
+ Bacteria-powered solar cell converts light to energy, even under overcast skies
+ Material could help windows both power your home and control its temperature
+ New world record for direct solar water-splitting efficiency
+ High performance nitride semiconductor for environmentally friendly photovoltaics
+ Shedding light on the energy-efficiency of photosynthesis


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
Utmost Safety Ensured at Bangladesh's Nuke Plant
Rooppur, Bangladesh (Sputnik) Jul 16, 2018
With the construction of the first unit of Bangladesh's nuclear power plant (NPP) at Rooppur advancing rapidly, the stage is all set for the construction of the second unit. Prime Minister Sheikh Hasina will be pouring the first concrete at the construction site of the second unit on Saturday. The ASE Group of Companies, a unit of Russia's Rosatom State Nuclear Corporation that is managing ... more
+ Can ultrashort electron flashes help harvest nuclear energy?
+ Fukushima nuclear plant operator resumes TV ads
+ Ultrashort electron flashes offer new way to harvest nuclear energy
+ EU court dismisses Austrian case against UK nuclear plant
+ New microscopy works at extreme heat, sheds light on alloys for nuclear reactors
+ USA: Framatome completes major refurbishment of 31 reactor coolant pump motors
+ UAE further delays launch of first nuclear reactor
Daily Newsletters - Space - Military - Environment - Energy

A scientist's final paper looks toward Earth's future climate
Greenbelt MD (SPX) Jul 18, 2018
A NASA scientist's final scientific paper, published posthumously this month, reveals new insights into one of the most complex challenges of Earth's climate: understanding and predicting future atmospheric levels of greenhouse gases and the role of the ocean and land in determining those levels. A paper published in the Proceedings of the National Academy of Sciences was led by Piers J. S ... more
+ More Americans than ever say climate change is real, human-caused
+ Europe looking for climate strategies to 2050
+ 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
Elon Musk's latest outburst raises doubts on leadership
Washington (AFP) July 17, 2018
Elon Musk has had a series of angry social media dust-ups with Wall Street analysts, journalists, employees and others. But his latest outburst on Twitter attacking a British rescue worker in Thailand has raised fresh concerns over the star tech entrepreneur's stability and leadership abilities. Musk, the South African-born innovator and billionaire behind Tesla and SpaceX, found himsel ... more
+ EU says VW repairs most cars with cheating devices
+ Washington state sets high bar for electric vehicles
+ Departing Apple engineer stole autonomous car tech: FBI
+ Tesla unveils Shanghai factory plans amid US-China trade row
+ Uber joins scooter wars with Lime investment
+ China's CATL to build first EU electric car battery plant in Germany
+ China's Baidu rolls out self-driving buses


Iraqis demand change as protests run into second week
Basra, Iraq (AFP) July 16, 2018
Protests in Iraq continued into their second week Monday following days of clashes that left eight people dead, with demonstrators rallying to put social problems in the spotlight. Months after Iraq declared victory over the Islamic State group, attention has turned from the military battle to the fight for jobs and public services. Thousands of people rallied in fresh protests Monday in ... more
+ Two demonstrators killed as Iraq protests hit second week
+ Iraq PM looks to calm Basra unrest as demos spread
+ Two killed in southern Iraq as protests spread
+ Canada to head up NATO training mission in Iraq
+ Tension grips Iraq's Basra after protester killed
+ A year after jihadists ousted, Iraq's Mosul still in ruins
+ Child beggars fill Mosul streets a year on from IS
Japan's growing plutonium stockpile fuels fears
Tokyo (AFP) July 17, 2018
Japan has amassed enough plutonium to make 6,000 atomic bombs as part of a programme to fuel its nuclear plants, but concern is growing that the stockpile is vulnerable to terrorists and natural disasters. Japan has long been the world's only non-nuclear-armed country with a programme to reprocess spent nuclear fuel from its power plants into plutonium. On Tuesday a decades-old deal with ... more
+ Iran 'preparing' to enrich if nuclear deal fails: official
+ N. Korea's Kim lambasts officials during 'field guidance' visits
+ Iran's Rouhani says US 'isolated' on sanctions
+ Trump releases 'very nice' letter from Kim Jong Un
+ Trump says Iran in turmoil since US withdrew from nuke deal
+ Trump now says no 'time limit' to denuclearize North Korea
+ EU protects firms as it fights US bid to isolate Iran
Daily Newsletters - Space - Military - Environment - Energy

Hong Kong police seek landmark ban on pro-independence party
Hong Kong (AFP) July 17, 2018
Police in Hong Kong sought to ban a political party which promotes independence for the city Tuesday citing it as a potential national security threat as Beijing ups pressure on challenges to its territorial sovereignty. Semi-autonomous Hong Kong enjoys freedoms unseen on the mainland including freedom of expression but concern is growing those rights are under serious threat from an asserti ... more
+ Hong Kong activists mark one year since Liu Xiaobo death
+ Chinese democracy activist sentenced to 13 years for 'subversion'
+ Beijing eyes UNESCO status for Mao tomb, Tiananmen Square
+ 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
Foiled peace bids and greedy gangs dog C. Africa
Berberati, Central African Republic (AFP) July 17, 2018
"This road isn't safe," warns a UN soldier at the edge of a jungle where the latest militia to darken hopes for peace in the Central African Republic has surfaced. Huddled with assault rifles in a pickup truck that slides across the thick red mud, the Tanzanian peacekeepers keep watch on the Mambere-Kadei forest, home to a small but violent group that came to the fore last September. Kno ... more
+ DR Congo's Kabila promotes blacklisted generals in army shake-up
+ Mali town learns to live without a state
+ Hundreds of Nigerian troops missing after Boko Haram overruns base
+ Silicon Valley eyes Africa as new tech frontier
+ 92 Congolese fishermen 'imprisoned' in Uganda
+ Mozambique president signals peace talks breakthrough
+ UN to take up S.Sudan arms embargo


UK seeks to allay Brexit fears at Farnborough air show
Farnborough, United Kingdom (AFP) July 16, 2018
Britain sought to project an image of aerospace prowess long after it leaves the European Union, at the Farnborough airshow on Monday, as Airbus and Boeing announced a raft of deals and issued optimistic outlooks for the global industry. China's Sichuan Airlines said it will be buying 10 A350 long-haul planes with a list price of $2.8 billion, while India's Vistara signed a letter of intent ... more
+ Airbus strikes deals in China, India amid Brexit concerns
+ TItan LSC contracted for Saudi F-15 modernization support
+ Slovakia to buy 14 US-made F-16 jet fighters
+ Lockheed awarded contract for B-2 bomber refurbishment
+ PKL to provide F-15 operations training for Singapore air force
+ Bell-Boeing receives $4.2B contract for Ospreys for U.S., Japan
+ Polish MiG crash kills fighter pilot
EU urges big powers to avert trade 'conflict and chaos'
Beijing (AFP) July 16, 2018
The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions, warning that they could spiral into violent "conflict and chaos." The comments from EU Council President Donald Tusk comes as Washington and Beijing stand on the brink of an all-out trade war many fear could hammer the global economy, while the US has also picked ... more
+ China economic growth slows in second quarter, warns on trade war
+ As trade war rages, Trump flags fly out of China factory
+ China pledges more BRICS cooperation as US trade tensions rise
+ Dubai warns of action against China on Djibouti trade zone
+ Trump pursues hardline trade policies, despite costs
+ S. Korea minister warns of fallout of US-China trade war
+ EU urges big powers to avert trade 'conflict and chaos'
Daily Newsletters - Space - Military - Environment - Energy

Tornado Trump rips diplomatic swathe across Europe
Helsinki (AFP) July 17, 2018
Donald Trump was fired up. When the US president set off for Europe one week ago he was bent on knocking heads with Washington's allies and finding friendship with Russia. As he flew homewards after Monday's summit with President Vladimir Putin, the final repercussions of his diplomatic rampage were not yet clear. "Trump's trip to Europe is the single most chaotic and destructive by an A ... more
+ At historic summit, Trump refuses to confront Putin on vote row
+ Trump attacks US 'foolishness' heading into Putin showdown
+ Calling EU a US foe is 'fake news': Tusk barb at Trump
+ Trump lists Russia, EU, China as 'foes' ahead of Putin summit
+ Trump vows 'extraordinary relationship' with Putin as summit opens
+ EU urges Trump to protect world order, dismisses foe claim
+ French, US armies 'very close', says French armed forces chief


Singapore rolling out thermal cameras to nab illegal smokers
Singapore (AFP) July 10, 2018
Lighting up will soon get tougher in Singapore, with the government planning to roll out 300 high definition thermal cameras to catch and fine illegal smokers. The city-state already has some of the world's strictest anti-tobacco laws and smoking is banned in most public places, with errant puffers handed a fine of up to Sg$1,000 ($740) if caught. E-cigarettes are also banned outright. A ... more
+ Trash piles up in US as China closes door to recycling
+ Starbucks to phase out plastic straws by 2020
+ Sanofi shuts down factory over toxic waste outcry
+ India's most populous state bans plastic, yet again
+ 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
'Jet engine' sound, tremors send Afghan villagers fleeing deadly landslide
Khenj District, Afghanistan (AFP) July 12, 2018
As the ground shook and a sound like a "jet engine" rumbled through the valley, villagers in remote northeastern Afghanistan ran for their lives, minutes before a landslide buried their homes under tonnes of mud and water. At least 10 people were killed when the landslide struck several villages in Panjshir, a mountainous province north of Kabul, in the early hours of Thursday, destroying hu ... more
+ Japan firms used foreign trainees at Fukushima cleanup
+ In storm-hit Barbuda, China fills void left by Western 'neglect'
+ Thai boys were sedated and stretchered from cave in dramatic rescue
+ Relatives identify victims of deadly Thai tourist boat sinking
+ Nepal war crime laws risk sparing worst offenders: rights groups
+ Stateless teen praised as 'gem' in Thai cave ordeal
+ Facial recognition was key in identifying US shooting suspect
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