Oil News and Gas News
July 25, 2018
OIL AND GAS
U.S. gas prices moving lower, but could still be volatile



Washington (UPI) Jul 24, 2018
Retail gasoline prices in the United States are showing signs of a steady decrease, but remain vulnerable to geopolitical tensions, analysts said. Motor club AAA reported a national average retail price of $2.84 for a gallon of regular unleaded gasoline, unchanged from Monday and about 3 cents per gallon lower than last week. According to AAA's records, gas prices are at their lowest level since May. "July gas prices have been on a roller coaster ride, but appear to be on a downward slop ... read more

OIL AND GAS
Oil prices caught between economic, security risks
Washington (UPI) Jul 24, 2018
Crude oil prices were in mixed territory ahead of the start of U.S. trading on Tuesday as Middle East tensions balanced against global trade risks. ... more
OIL AND GAS
OMV unfazed by U.S. pressure on Nord Stream pipeline
Washington (UPI) Jul 24, 2018
Austrian energy company OMV said more pipelines are needed in Europe, including the Nord Stream 2 network, as the region faces declines in domestic production. ... more
OIL AND GAS
Venezuela facing "profound" economic crisis
Washington (UPI) Jul 24, 2018
The IMF said the economic crisis in Venezuela, one of the founding members of OPEC, is "profound" as a substantial drop in oil production takes its toll. ... more
OIL AND GAS
Iraqi oil exports increase despite protests
Washington (UPI) Jul 24, 2018
Iraqi oil exports for June, the last full month for which data are available, were slightly higher than the month before on average, the government reported ... more


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OIL AND GAS
Surveys begin at potential Australian oil and gas giant
Washington (UPI) Jul 24, 2018
Australian energy company Melbana said surveys have started in the Beehive prospect, one of the largest undrilled prospects in the country. ... more
OIL AND GAS
Qatar, US plan 'expansion' of Al-Udeid airbase
Doha (AFP) July 24, 2018
The US and Qatar plan to expand Al-Udeid airbase, the biggest military facility used by Washington in the Gulf as it battles jihadists, Qatari state media said Tuesday. ... more
OIL AND GAS
Russia's Novatek uses short Arctic route for LNG shipment
Washington (UPI) Jul 19, 2018
Russian energy company Novatek said Thursday it shipped its first batch of liquefied natural gas to China using a so-called Northern Sea Route. ... more
OIL AND GAS
Work stoppage begins at Total platforms
Washington (UPI) Jul 23, 2018
An offshore union said Monday that production at three North Sea platforms operated by Total was shut down as a result of a labor strike. ... more
OIL AND GAS
Gunmen storm Iraq Kurdish governor's office, killing one
Arbil, Iraq (AFP) July 23, 2018
Three teenage gunmen on Monday stormed the governor's headquarters in Arbil, the capital of Iraqi Kurdistan, opening fire and killing one employee before being shot dead, officials said. ... more
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OIL AND GAS
Offshore Guyana oil and gas potential is "massive"
Washington (UPI) Jul 23, 2018
The size of a reservoir off the coast of Guyana is "massive," the CEO of Hess Corp. said Monday after a multi-million barrel revision to reserve estimates. ... more
OIL AND GAS
Fresh protests in Iraq as medics raise death toll to 11
Baghdad (AFP) July 22, 2018
Fresh protests hit southern Iraq Sunday as medical sources put at 11 the number of demonstrators killed in two weeks of unrest sparked by ire over corruption and lack of public services. ... more
OIL AND GAS
Spend more, oilfield services company Schlumberger pleas
Washington (UPI) Jul 20, 2018
The head of oilfield services company Schlumberger said Friday major investments in exploration and production are needed to counter supply-side pressures. ... more
OIL AND GAS
Russian oil producer Rosneft offers oil price range
Washington (UPI) Jul 23, 2018
The head of Russian oil company Rosneft said that, from his view, the price for Brent crude oil will likely stay below $80 per barrel for the rest of the year. ... more
OIL AND GAS
British groundwater monitors review oil and gas risks
Washington (UPI) Jul 23, 2018
British authorities said Monday they were working to examine the potential vulnerability to groundwater supplies from onshore oil and gas activity. ... more


U.S.-Iran flare up supportive of crude oil prices

OIL AND GAS
Halliburton sees North America as the best market
Washington (UPI) Jul 23, 2018
In announcing gains in second quarter revenue, drilling services company Halliburton said North America is the fastest growing energy market in the world. ... more
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OIL AND GAS
Xi ends state visit to UAE with raft of deals signed
Dubai (AFP) July 21, 2018
The United Arab Emirates on Saturday said it agreed to set up a "comprehensive strategic partnership" with China as President Xi Jinping wrapped up a three-day visit to the Gulf country. ... more
OIL AND GAS
Expect production cuts without tariff relief, U.S. energy group says
Washington (UPI) Jul 19, 2018
Steel tariffs are creating headwinds for the U.S. energy sector, impeding with the government's own objectives and stifling production, industry leaders said. ... more
OIL AND GAS
2 Canadian provinces join to fight Trudeau's carbon tax
Ottawa (AFP) July 19, 2018
The Canadian provinces of Ontario and Saskatchewan said Thursday they would join forces in opposition to the federal carbon tax, in a setback to government efforts to reduce greenhouse gas emissions linked to climate change. ... more
OIL AND GAS
Iran works to revitalize shared oil field
Washington (UPI) Jul 20, 2018
Iranian contractors are working to offset production declines with new pumping technology at an oil field straddling the border with Iraq, state media reported. ... more
OIL AND GAS
China probing emerging UAE reserves
Washington (UPI) Jul 20, 2018
The state oil company in Abu Dhabi said it signed contracts with a Chinese counterpart to carry out the world's largest surveys for new hydrocarbon reserves. ... more
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Feeding plants to this algae could fuel your car
Los Alamos NM (SPX) Jul 19, 2018
Researchers at Los Alamos National Laboratory and partner institutions have provided the first published report of algae using raw plants as a carbon energy source. The research shows that a freshwater production strain of microalgae, Auxenochlorella protothecoides, is capable of directly degrading and utilizing non-food plant substrates, such as switchgrass, for improved cell growth and l ... more
+ Splitting water: Nanoscale imaging yields key insights
+ Carbon dioxide-to-methanol process improved by catalyst
+ 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
NRL increases UAV endurance with Solar Soaring technology
Washington DC (SPX) Jul 26, 2018
Researchers at the U.S. Naval Research Laboratory are developing technology for unmanned aerial vehicles that has given them the ability to fly for more than 12 hours by harvesting energy from the atmosphere and the sun. Solar-Soaring is a pair of endurance enhancer technologies. They aid the warfighter by enabling a UAV to fly longer without carrying extra weight in batteries. "One ... more
+ Canadian energy company says renewables key to emissions goal
+ States boost renewable energy and development when utilities adopt renewable standards
+ Solar thermal energy will help China cut costs of climate action
+ Denver takes big step on renewables
+ NYSERDA announces completion of largest solar installation in New York City
+ Design rules for minimizing voltage losses in high-efficiency organic solar cells
+ How gold nanoparticles could improve solar energy storage


Searching for wind for the future
Thuwal, Saudi Arabia (SPX) Jul 19, 2018
Using outputs from a high-resolution regional climate model, KAUST researchers have confirmed the potential for wind as a significant energy resource across the Arabian Peninsula. This is an important first step in developing a strategy for Saudi Arabia's wind energy sector. As part of an ongoing collaboration with the University of Notre Dame in the United States, Marc Genton's research g ... more
+ Clock starts for Germany's next wind farm
+ 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
First Ukraine nuclear reactor loaded 'solely' with non-Russian fuel
South Ukraine Nuclear Power Plant, Ukraine (AFP) July 19, 2018
Ukrainian authorities said on Thursday that the first unit of a nuclear power plant was fully loaded with fuel from Westinghouse Electric Co as Kiev seeks to break its dependence on Russian energy supplies. Ukraine's nuclear energy monopoly Energoatom said that a third unit of the South Ukraine Nuclear Power Plant near the town of Yuzhnoukrainsk had become "the first power generation unit op ... more
+ SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant
+ Manufacturing operations are ramping up at Framatome Le Creusot site
+ GE Hitachi Selected by U.S. Department of Energy to Lead Advanced Nuclear Technology Development Project
+ Fukushima nuclear plant operator resumes TV ads
+ Utmost Safety Ensured at Bangladesh's Nuke Plant
+ Can ultrashort electron flashes help harvest nuclear energy?
+ Ultrashort electron flashes offer new way to harvest nuclear energy
Daily Newsletters - Space - Military - Environment - Energy

Humans are changing global seasonal climate cycles, satellite data shows
Washington (UPI) Jul 20, 2018
New analysis of satellite data has revealed the atmospheric signature of seasonal shifts caused by climate change. Previous studies have revealed seasonal changes on the ground. As the planet has warmed, animal migrations have shifted - birds are flying south and flowers are blooming earlier and earlier. Sea ice patterns have changed, and both the hurricane and wildfire seasons have gr ... more
+ Cold wave reveals potential benefits of urban heat islands
+ Microclimates to provide species refuge from warming temperatures
+ Native bison hunters amplified climate impacts on North American prairie fires
+ European heatwave brings drought, wildfires
+ A scientist's final paper looks toward Earth's future climate
+ More Americans than ever say climate change is real, human-caused
+ Europe looking for climate strategies to 2050
Uber resumes testing for autonomous cars in 'manual mode'
San Francisco (AFP) July 24, 2018
Uber said Tuesday it was taking the first step toward restarting its autonomous ridesharing program, putting its self-driving cars back on the road in "manual mode," with a driver at the wheel at all times. The ridesharing giant said its specially equipped vehicles would be back in service for the first time since it suspended tests following a fatal accident in Arizona. "We're starting ... more
+ GM launches peer-to-peer car sharing service on rental platform
+ EU says VW repairs most cars with cheating devices
+ Elon Musk's latest outburst raises doubts on leadership
+ 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


Iraq admits holding 'terrorism' suspects for months: HRW
Baghdad (AFP) July 22, 2018
An Iraqi security agency has admitted holding hundreds of "terrorism" suspects for months, Human Rights Watch said Sunday while calling on authorities to inform the families of those held. The National Security Service acknowledged it was holding male prisoners at a facility in east Mosul, the Iraqi city from which the Islamic State group was ousted last year. After previously denying th ... more
+ Iraq protests leave 14 dead in two weeks: rights official
+ One dead as new protests shake south Iraq, reach Baghdad
+ In Iraq, old grievances fuel deadly protests
+ Iraqis demand change as protests run into second week
+ 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
N. Korea begins dismantling rocket test site: analysts
Seoul (AFP) July 24, 2018
North Korea has started dismantling some facilities at its main satellite launch station, seen as the testing ground for its intercontinental ballistic missiles, according to expert analysis of recent satellite images. If confirmed, the analysis by respected US-based website 38 North could signal a step forward after last month's landmark summit between Kim Jong Un and US President Donald Tr ... more
+ Boeing proposes designs for new ICBM deterrent
+ North Korea's Dismantlement of Satellite Launching Station Can be Reversed
+ Seoul considers reducing troops along N. Korea border zone
+ Iran army warns of 'firm, strong response' to US threats
+ Pompeo to urge Iranians abroad to 'support' anti-regime protests
+ Trump, Iran drama escalates -- via Twitter
+ Trump praises rapport with Kim, hails dismantling of N.Korea site
Daily Newsletters - Space - Military - Environment - Energy

Tibet bans religious activities for students
Beijing (AFP) July 24, 2018
Students in Tibet have been banned from taking part in religious activities over the summer holidays, Chinese state media reported Tuesday. The ban will fall hard on Tibet's large Buddhist community, already under pressure as Chinese President Xi Jinping tightens controls over religious observance. The school regulations apply to all "underage students" in Tibet, the state-run Global Tim ... more
+ Ten jailed in Vietnam over violent anti-China demos
+ Viral post inflames public anger in China vaccine scandal
+ Hong Kong academics warn of 'political battleground' at universities
+ Hong Kong police seek landmark ban on pro-independence party
+ 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
China to invest $14 bn in S.Africa
Pretoria (AFP) July 24, 2018
South African President Cyril Ramaphosa on Tuesday announced that China would invest $14 billion in the country after he held talks with President Xi Jinping in Pretoria on the eve of a multilateral summit. Ramaphosa came to power in February pledging to revive the economy and attract investors after Jacob Zuma was ousted from office at the end of a nine-year reign dominated by graft scandal ... more
+ China's Xi inks deals in Rwanda on whirlwind tour
+ China opens embassy after Burkina switches from Taiwan
+ Three Ugandan soldiers lynched by angry crowd: police
+ G5 Sahel force licks wounds after HQ attack
+ Trade accords on Xi's agenda during Senegal swing
+ China donates 7 mn euros to Cameroon's security forces
+ Fifteen dead in armed clashes in DR Congo


BAE wins $7.8 million contract for F-35 software
Washington (UPI) Jul 23, 2018
BAE Systems Electronic Systems in Nashua, N.H., has been awarded a $7.8 million modification to an existing contract for electronic warfare work on the F-35. The modification provides for technical validation and verification, representatives for services in the field and software development. The contract will be in support of the Electronic Warfare Test Station in association w ... more
+ Lockheed, Rafael sign agreement for precision bombs
+ Aero-Glen awarded $403M for F-16 refurbishment
+ KC-46 tanker aircraft completes flight tests ahead of first delivery
+ Boeing awarded $264M contract for MH-47 support
+ U.K. to stick with Eurofighter development in air combat strategy
+ U.S. Army contracts Boeing for four Chinook helicopters
+ Northrop Grumman contracted for F-18 targeting system repairs
China's Xi holding up deal to resolve trade dispute: Trump adviser
Washington (AFP) July 18, 2018
A senior economic adviser to President Donald Trump on Wednesday said Chinese President Xi Jinping was blocking an agreement to resolve the trade dispute with the United States. "I think Xi is holding the game up," said Larry Kudlow, director of the White House National Economic Council. "I don't think President Xi has any intention of following through on the discussions we've made." Tr ... more
+ BRICS emerging economies meet as US trade war looms
+ IMF warns excess trade surpluses aggravate tensions
+ Mnuchin pushes for EU, China concessions amid trade stalemate
+ Trump threatens tariffs on all $505bn of Chinese imports
+ Stimulus measures push Chinese shares higher
+ China launches steel dumping probe against EU, Japan, S. Korea, Indonesia
+ China increasingly seduced by Brazilian market
Daily Newsletters - Space - Military - Environment - Energy

NATO stands by all allies: official says
Brussels (AFP) July 20, 2018
NATO insisted Friday that every member state is covered by its "all for one, one for all" collective defence pledge, after US President Donald Trump appeared to undercut the alliance's core commitment. Trump added to the uproar over his summit with Russian counterpart Vladimir Putin when he said on Tuesday that the people of the tiny Balkan nation of Montenegro were "aggressive" and capable ... more
+ India, US to hold key talks in September
+ Pentagon to provide $200 mn to Ukraine in security funds
+ U.S., Japan and India conduct minesweeping exercise
+ Trump blasts Montenegro, questions NATO mutual defense
+ OSCE Ukraine mission says claim of Russian spying 'big blow'
+ Trump plans to repaint Air Force One red, white and blue
+ Trump attacks US 'foolishness' heading into Putin showdown


China steps up controls on maritime emissions
Washington (UPI) Jul 24, 2018
China's decision to regulate maritime fuels could have a significant impact on international efforts to lower emissions from shipping, analysis finds. Following its so-called Blue Sky initiative, the Chinese Ministry of Transport announced extensions to emission control areas along the coastline. Yujiao Lei, a regional consultant for Wood Mackenzie, said in an emailed report the latest ... more
+ Record 207 environmental activists killed last year
+ BHP vows to fight Australia Samarco mine disaster class action
+ Concrete weighs heavily on the Mediterranean coast
+ Morocco's litter-strewn beaches kick up a stink
+ Singapore rolling out thermal cameras to nab illegal smokers
+ Trash piles up in US as China closes door to recycling
+ Starbucks to phase out plastic straws by 2020
Empathetic, calm dogs try to rescue owners in distress, study finds
Washington (UPI) Jul 24, 2018
Behavioral experiments suggest dogs are prosocial and empathetic, and some dogs will help owners in distress. To better understand how dogs relate and react to humans in distress, scientists observed the responses of dogs to different stimuli and scenarios. In one scenario, researchers had dog owners either make cries of distress or hum while sitting in a chair behind a transparent door ... more
+ Developing Microrobotics for Disaster Recovery and High-Risk Environments
+ Spanish rescue ship heads home after dramatic rescue
+ Japan firms used foreign trainees at Fukushima cleanup
+ 'Jet engine' sound, tremors send Afghan villagers fleeing deadly landslide
+ 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
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