Oil News and Gas News
July 30, 2018
OIL AND GAS
Oil and gas production up, payrolls down in Texas



Washington (UPI) Jul 27, 2018
Oil and gas producers in Texas are doing more with less, but this has a negative side as companies need fewer workers on their payrolls, an economist said. Karr Ingham, a petroleum economist for the Texas Alliance of Energy Producers, said the pace of expansion in the Texas energy sector has been extraordinary. "What makes this one unique is the sheer amount of crude oil and natural gas produced in the state - and the growth rates in production - at lower levels of activity compared to t ... read more

OIL AND GAS
Weatherford says second quarter loss due to seasonal trends
Washington (UPI) Jul 27, 2018
The head of oil and gas field services company Weatherford said Friday the company would have to take a challenge of a second quarter miss head on. ... more
OIL AND GAS
Price of oil unfazed by strong U.S. GDP figures
Washington (UPI) Jul 27, 2018
Crude oil prices ahead of the start of U.S. trading on Friday were unmoved by strong GDP figures as market watchers wait for the next shoe to drop. ... more
OIL AND GAS
Russia: Iranian sanctions already factored into oil prices
Washington (UPI) Jul 27, 2018
Russian Energy Minister Alexander Novak said Friday the market has probably taken into account the potential loss of Iranian oil by November already. ... more
OIL AND GAS
Exxon Mobil shares slump again on disappointing results
New York (AFP) July 27, 2018
US oil giant Exxon Mobil reported another round of disappointing results on Friday, sending shares sharply lower at it moved to address rising criticism of its communications and operations. ... more


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OIL AND GAS
Eni expects production to increase 4 percent this year
Washington (UPI) Jul 27, 2018
Italian energy company Eni said Friday it was expecting a 4 percent increase in oil and gas production from 2017 driven by gains across its entire portfolio. ... more
OIL AND GAS
BP spends $10.5 billion for BHP's U.S. shale assets
Washington (UPI) Jul 27, 2018
British energy company BP said Friday it agreed to pay $10.5 billion to acquire the onshore U.S. shale assets from Australian mining giant BHP Billiton. ... more
OIL AND GAS
Total's position boosted by position in LNG
Washington (UPI) Jul 27, 2018
French supermajor Total said Thursday its net production was up nearly 10 percent from last year, driven in part by gains in liquefied natural gas. ... more
OIL AND GAS
Shell announces multi-billion dollar share buyback program
Washington (UPI) Jul 26, 2018
With debt obligations easing, Royal Dutch Shell said Thursday it was making progress through divestments and announced a $25 billion share buyback program. ... more
OIL AND GAS
Crude oil prices flat despite easing trade tensions
Washington (UPI) Jul 26, 2018
Crude oil prices were relatively unchanged Thursday ahead of the start of U.S. trading on concerns that easing trade and supply tensions may be fading. ... more
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OIL AND GAS
Equinor moves rig to Norwegian field slated for 2019 startup
Washington (UPI) Jul 26, 2018
The Norwegian government gave Equinor consent to start production drilling in an oil field in the Norwegian Sea set for a production start next year. ... more
OIL AND GAS
Russian gas needed in Europe, Wintershall says
Washington (UPI) Jul 25, 2018
The European natural gas market needs diversity and Russian supplies are an important component of the mix, German energy company Wintershall said. ... more
OIL AND GAS
War-ravaged South Sudan at a glance
Juba (AFP) July 25, 2018
South Sudan, the world's youngest country, has been mired in a devastating civil war for more than four years, with tens of thousands of people killed, nearly four million displaced and its economy in ruins. ... more
OIL AND GAS
Gazprom pipeline to China nearly completed
Washington (UPI) Jul 25, 2018
Russian natural gas company Gazprom said Wednesday that just over 90 percent of its Power of Siberia gas pipeline to China is completed. ... more
OIL AND GAS
Oil prices move higher on U.S. supply drain
Washington (UPI) Jul 25, 2018
Crude oil prices were edging higher before the start of U.S. trading on Wednesday on data showing a drain in supplies, though trade issues could mute the rally. ... more


Tullow Oil slightly raises production guidance

OIL AND GAS
British shale driller facing continued protests
Washington (UPI) Jul 25, 2018
Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy. ... more
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OIL AND GAS
Hess Corp. upbeat on production
Washington (UPI) Jul 25, 2018
Even after selling off its stake in a U.S. shale basin, Hess Corp. said Wednesday its full-year production guidance for the year was unchanged. ... more
OIL AND GAS
Continental Resources production below guidance
Washington (UPI) Jul 25, 2018
U.S. shale player Continental Resources reported weather-related issues for production in the second quarter, but hinted at strong second-half gains. ... more
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. ... 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
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Team shatters theoretical limit on bio-hydrogen production
Lincoln NB (SPX) Jul 27, 2018
In 1977, researcher Rudolf Thauer proposed a theoretical ceiling on the amount of hydrogen that bacteria could produce via fermentation, the sugar-converting process also responsible for yogurt, beer and cheese. Propelled by a genetic engineering technique that presents bacteria with a simple choice - adapt or die - research from the University of Nebraska-Lincoln just punched through that ... more
+ Hydrogen and plastic production offer new catalyst with a dual function
+ Feeding plants to this algae could fuel your car
+ 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
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
+ Solar Industry Pros Get Quick Solar Power Readings with New Extech Pocket-Sized Meter
+ Materials scientists of Lomonosov MSU proposed a novel approach for obtaining films for solar cells
+ WorleyParsons' Advisian wins major role on world's largest solar power project
+ NUST MISIS scientists present metamaterial for solar cells and nanooptics
+ States boost renewable energy and development when utilities adopt renewable standards
+ Canadian energy company says renewables key to emissions goal
+ Solar thermal energy will help China cut costs of climate action


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
SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant
Paris, France (SPX) Jul 24, 2018
Framatome has successfully performed a complete visual inspection of the tube bundle top structure of a steam generator in the Spanish nuclear power plant at Asco Unit 2. Framatome's team used the well-proven underwater inspection submarine system SUSI. This small, remote-controlled submarine navigates the primary circuit as well as the steam generator's secondary side of nuclear power pla ... more
+ EDF sees new delay, cost overruns for nuclear reactor
+ Framatome becomes main distributor of Chesterton valve packing and seals for the nuclear energy industry
+ First Ukraine nuclear reactor loaded 'solely' with non-Russian fuel
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Sri Lanka waives debt for 200,000 women in drought areas
Colombo (AFP) July 25, 2018
Sri Lanka announced Wednesday it would waive debts for 200,000 women unable to repay microfinance loans and cap lending rates after a number of borrowers in drought-hit areas killed themselves. Government spokesman Rajitha Senaratne said women in a dozen districts who had taken small loans from microfinance institutions would have their debts forgiven and interest paid off with immediate eff ... 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
+ Humans are changing global seasonal climate cycles, satellite data shows
+ 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
EU carmakers 'inflating' emissions to skew carbon targets
Frankfurt Am Main (AFP) July 25, 2018
The European Commission on Wednesday said EU-based carmakers are artificially inflating carbon dioxide emissions data under a new testing regime to distort future greenhouse gas targets, but manufacturers denied any trickery. Authorities are currently switching over from an older emissions testing procedure known as NEDC to a new, globally-agreed one called WLTP. During the changeover, ... more
+ Uber resumes testing for autonomous cars in 'manual mode'
+ 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


New wave of protests sweeps Iraqi cities
Baghdad, Iraq (AFP) July 27, 2018
Thousands of people took to the streets of Baghdad and cities across southern Iraq on Friday in the latest protests against corruption, social ills and political leadership. Surrounded by a cordon of anti-riot personnel equipped with electric batons, protestors in Baghdad's Tahrir Square accused leaders of being "thieves" and "corrupt", AFP journalists said. Several hundred people sh ... more
+ Iraq street satirists peddle culture change
+ Iraq admits holding 'terrorism' suspects for months: HRW
+ 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
North Korea's Dismantlement of Satellite Launching Station Can be Reversed
Moscow (Sputnik) Jul 26, 2018
Despite recent reports showing North Korea's initiative to dismantle its Sohae Satellite Launching Station, US intelligence sources have indicated that all efforts put forth could be reversed. Satellite imagery first published by outlet 38 North on Tuesday showed a rail-mounted processing building, where space launch vehicles are assembled, being dismantled, as its roof and supporting stru ... more
+ A look into the future of Russia's strategic defenses
+ North Korea marks war anniversary as US remains flown out
+ North Korea marks war anniversary as US remains flown out
+ Iran versus US battle to hit UN's top court in August
+ Boeing proposes designs for new ICBM deterrent
+ Seoul considers reducing troops along N. Korea border zone
+ Iran army warns of 'firm, strong response' to US threats
Daily Newsletters - Space - Military - Environment - Energy

Historic Chinese town resists eviction for theme park
Chikan, China (AFP) July 25, 2018
A year ago, customers queued round the block for Wu Ying's red bean and coconut ice puddings, but now the 60-year-old has to vault a barricade to reach her dessert shop. Wu is one of several dozen inhabitants of a historic section of the town of Chikan in southern China who are stubbornly holding out against government pressure to sell their properties to make way for a "heritage" theme park ... more
+ Tibet bans religious activities for students
+ Viral post inflames public anger in China vaccine scandal
+ Ten jailed in Vietnam over violent anti-China demos
+ 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'
Uganda jails 35 Congolese for illegal fishing
Kampala (AFP) July 28, 2018
Uganda said Saturday it had sentenced 35 people from neighbouring Democratic Republic of the Congo for up to three years for illegal fishing. "We got 35 Congolese nationals. Thirty-one of them pleaded guilty and were convicted and sentenced to two years in prison for illegal fishing and entry into Uganda in June," said Deogratius Kato, a fisheries protection officer on Lake Albert, which is ... more
+ China to invest $14 bn in S.Africa
+ China opens embassy after Burkina switches from Taiwan
+ Three Ugandan soldiers lynched by angry crowd: police
+ G5 Sahel force licks wounds after HQ attack
+ China's Xi inks deals in Rwanda on whirlwind tour
+ Trade accords on Xi's agenda during Senegal swing
+ China donates 7 mn euros to Cameroon's security forces


Conti receives contract for hardened aircraft shelters for Israel
Washington (UPI) Jul 26, 2018
Conti Federal Services has received a $69.4 million contract to build hardened aircraft shelters in Israel. The award, announced Wednesday by the Department of Defense, comes under a firm-fixed-price foreign military sales contract, with Conti selected from three bidders. Hardened shelters are meant to protect critical aircraft and personnel from air strikes, cruise missiles and ... more
+ Air China Paris-Beijing flight turns back over false terror alarm
+ Elbit contracted for V-22 Osprey display systems
+ Iraqi Airways suspends pilots who fought in-flight over food
+ Airbus profits halved but hopes to meet delivery target
+ Two pilots killed in Vietnam military plane crash
+ Alsalam awarded $59.7M contract for Saudi F-15 upgrades
+ BAE wins $7.8 million contract for F-35 software
Trump set for tense trade talks with EU's Juncker
Washington (AFP) July 25, 2018
US President Donald Trump hosts European Commission chief Jean-Claude Juncker on Wednesday for what is set to be a tense face-to-face, with efforts to resolve a festering trade dispute between the two key economies seemingly deadlocked. Speaking ahead of the White House talks, Juncker admitted he was "not very optimistic," while Trump kicked off the day with a combative series of tweets vowi ... more
+ IMF warns China against aggressive economic stimulus
+ BRICS nations pledge unity as trade war threatens
+ US says China is increasing state's economic control
+ Germany preparing first veto against Chinese takeover: report
+ China's Xi says 'no winner' in any trade war
+ IMF warns excess trade surpluses aggravate tensions
+ IMF official says 'no evidence' China manipulating currency
Daily Newsletters - Space - Military - Environment - Energy

Pentagon chief: talks with Russian counterpart possible
Washington (AFP) July 27, 2018
Pentagon chief Jim Mattis said Friday that he was considering a meeting with Russian Defense Minister Sergei Shoigu, as the leaders of their countries mull possible new talks. "I am considering meeting with my counterpart but there has been no decision," Mattis told journalists at the Pentagon. "I'm all for re-opening communications," he added. "It's most important that we talk with thos ... more
+ BRICS nations pledge unity against US trade war threat
+ Chinese man sets off explosive outside US embassy: police
+ Russia dismisses US Crimea declaration
+ NATO stands by all allies: official says
+ 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


Hamburg Ironman swimmers sunk by algae
Berlin (AFP) July 27, 2018
Organisers have been forced to scrap the swimming leg of the Hamburg Ironman this Sunday due to high levels of algae in the city's Alster river caused by the current heatwave. The condition of the water has been deemed "potentially harmful to health", so the swimming has been replaced by a six-kilometre (3.7mile) run. "In order to protect all athletes, there will be a 6km run instead of ... more
+ No day at the beach as toxic algae hit Baltic coast
+ China steps up controls on maritime emissions
+ 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
That's cold: Japan tech blasts snoozing workers with AC
Tokyo (AFP) July 26, 2018
Japanese office workers hoping to nod off on the job may need to sleep with one eye open thanks to a new system that can detect snoozers and blast them with cold air. Air conditioning manufacturer Daikin and electronics giant NEC said Thursday they have begun trialling the system, which monitors the movement of the employee's eyelids with a camera attached to a computer. The computer can ... more
+ Two jailed for rigging Hong Kong-China bridge tests
+ Empathetic, calm dogs try to rescue owners in distress, study finds
+ 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'
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