Oil News and Gas News
August 23, 2018
OIL AND GAS
Australia's Santos a major gas player with acquisition



Washington (UPI) Aug 22, 2018
Australian energy company Santos announced Wednesday it completed a $2.15 billion acquisition of natural gas operator Quadrant Energy. "This acquisition delivers increased ownership and operatorship of a high quality portfolio of low cost, long-life conventional Western Australian natural gas assets which are well known to Santos, and importantly significantly strengthens Santos' offshore operating capability." Santos Managing Director and Chief Executive Officer Kevin Gallagher said in a state ... read more

OIL AND GAS
U.S. piped gas displacing Mexican LNG imports
Washington (UPI) Aug 22, 2018
Cross-border natural gas pipelines from the United States to Mexico could be displacing Mexican imports of liquefied natural gas, a government report found. ... more
OIL AND GAS
First oil well in 40 years scheduled for offshore Gambia
Washington (UPI) Aug 22, 2018
FAR Ltd., a company focused on West Africa, said it plans to drill into a basin off the coast of Gambia that could hold hundreds of millions of barrels of oil. ... more
OIL AND GAS
U.S. punishes Russia for oil transfers to North Korean ships
Washington (UPI) Aug 22, 2018
The U.S. Treasury Department hit Russia with sanctions for transferring oil to North Korea, but stressed that sanctions aren't the only tool for diplomacy. ... more
OIL AND GAS
Supply pressures add up to rally in crude oil prices
Washington (UPI) Aug 22, 2018
Crude oil prices were in rally mode before the start of U.S. trading after signs of another drain on domestic oil and gasoline inventories. ... more


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OIL AND GAS
Scotland sees North Sea revenue boost
Washington (UPI) Aug 22, 2018
The Scottish government said Wednesday its share of the revenue generated from the North Sea soared, but sees risk from the British exit from the EU. ... more
OIL AND GAS
Venezuela denies Colombia's claims of armed forces incursion
Caracas (AFP) Aug 22, 2018
Venezuela hit back at Colombia on Wednesday branding as fake news claims from its neighbor that helicopters and troops had violated its sovereignty in an illegal incursion. ... more
OIL AND GAS
Energy services group Wood upbeat despite first half loss
Washington (UPI) Aug 21, 2018
Even though it turned in a loss for the first half of the year, Aberdeen-based energy services company Wood said it was riding a wave of market recovery ... more
OIL AND GAS
Relief at the gas pump finally coming
Washington (UPI) Aug 21, 2018
U.S. consumer demand for gasoline is slowing down and that should start bringing relief to travelers ahead of the next major holiday, analysts said. ... more
OIL AND GAS
Crude oil prices jump on signs of declining inventories
Washington (UPI) Aug 21, 2018
Expiring futures contracts and forecasts of a drain on commercial crude oil inventories in the world's leading economy sent oil prices higher early Tuesday. ... more
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OIL AND GAS
Alaska still has a long oil life ahead
Washington (UPI) Aug 21, 2018
A market research report from consultant group IHS Markit found crude oil production from the late-stage Alaska North Slope could increase by 40 percent. ... more
OIL AND GAS
Ghana takes big step by tapping its own natural gas
Washington (UPI) Aug 21, 2018
The power sector in Ghana for the first time is getting gas from its own offshore reserves, marking the start of 15 years of stability, a commodity group said. ... more
OIL AND GAS
Australian oil discovery holds 171 million barrels
Washington DC (UPI) Aug 20, 2018
An Australian energy company said Monday its Dorado oil discovery offshore Western Australia is the largest discovery made there in nearly three decades. ... more
OIL AND GAS
US hits Chinese pipes with 132% import duties
Washington (AFP) Aug 21, 2018
On the eve of renewing talks to try to defuse the spiraling trade dispute with China, the US Commerce Department hit the country with import duties of 132 percent on metal pipe. ... more
OIL AND GAS
Industry defends controversial Michigan oil pipeline
Washington DC (UPI) Aug 20, 2018
A pipeline spanning two of Michigan's peninsulas is a "vital link" to regional energy supplies, a trade group representative said in remarks to senate leaders. ... more


U.S. oil gains offsetting OPEC losses

OIL AND GAS
Crude oil prices rebound as market tensions ease
Washington (UPI) Aug 17, 2018
Fading global trade and geopolitical concerns brought the price of crude oil back into positive territory on Friday, but look to finish the week lower. ... more
OILGASDAILY



OIL AND GAS
World's biggest shipper to spin off Maersk Drilling
Washington (UPI) Aug 17, 2018
The world's biggest shipping company, A.P. Moller-Maersk, said Friday it turned in a profit, but is now spinning off its drilling unit as a standalone company. ... more
OIL AND GAS
Australian minister pushes for offshore development
Washington (UPI) Aug 17, 2018
The Australian government is committed to exploiting its offshore natural gas deposits as soon as possible, a regional minister said Friday. ... more
OIL AND GAS
New cash will fund Canadian shale operations
Washington (UPI) Aug 17, 2018
Australian energy company Calima said Friday that investment interest was strong enough to support a robust drilling campaign in a Canadian shale basin. ... more
OIL AND GAS
US condemns Venezuela 'arbitrary' arrests over alleged attack
Washington (AFP) Aug 17, 2018
The United States on Friday condemned alleged arbitrary detentions and forced confessions by the Venezuelan government in its investigation into the failed August 4 drone "attack" on President Nicolas Maduro. ... more
OIL AND GAS
Trans Mountain pipeline construction progressing
Washington (UPI) Aug 17, 2018
The group building the Trans Mountain oil pipeline can proceed with construction of an expansion project through parts of British Columbia, a regulator said. ... more
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Less drain on freshwater supplies with seawater fuel discovery
Nottingham UK (SPX) Aug 22, 2018
Researchers have found that seawater can replace freshwater to produce the sustainable fuel Bioethanol, reducing the need to drain precious resources. The study - 'The establishment of a marine focused biorefinery for bioethanol production using seawater and a novel marine yeast strain' - has been published in Scientific Reports and was carried out by researchers at the University of Notti ... more
+ 'Trash is gold' as Benin community turns waste into biogas
+ Ethiopia opens plant to turn waste into energy
+ Thermal switch discovered in engineered squid-based biomaterials
+ Trees and climate change: Faster growth, lighter wood
+ Renewables could drastically cut tailpipe emissions
+ Solar fuels working well under pressure
+ Converting carbon dioxide into methane or ethane selectively
Constellation begins construction on 10MW solar array in Maryland
Ocean City, MD (SPX) Aug 21, 2018
Constellation, an Exelon company, is breaking ground on a 10 megawatt (DC) solar energy project that will account for around 20 percent of the Town of Ocean City's annual energy use. Sited near the intersection of Routes 50 and 90 (about 10 miles west of downtown Ocean City), the solar array will provide energy for several of the town's key buildings, including its city hall, convention ce ... more
+ Sanjeev Gupta to build 280MW solar farm in South Australia
+ Brown selects Freedom Solar Power to design and install rooftop solar array
+ Wartsila to help ensure reliable power supply in challenging Hawaii conditions
+ Bye Aerospace's solar electric "StratoAirNet" prototype completes 1st flight
+ China lodges WTO complaint on U.S. solar tariffs
+ China blasts US solar tariffs, takes WTO action
+ China cooling has mixed solar power impact


Denmark gets nod for renewable energy support scheme
Washington (UPI) Aug 17, 2018
Denmark, a holdout on Russia's Nord Stream 2 gas project, has consent to move forward with renewable energy strategies, the European Commission said. The European Commission said Friday it approved of renewable energy schemes proposed by a Danish government looking to meet half of its energy needs from renewable resources by 2030 and make a complete break from fossil fuels by 2050. ... more
+ Searching for wind for the future
+ 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
Framatome supports its customers with a solution to increase plant efficiency
Paris (SPX) Aug 22, 2018
Over the last weeks, a heat wave has broken temperature records notably in Scandinavia and the British Isles. As a consequence, conventional and nuclear power plants (NPPs) in Europe have been forced to reduce electricity generation because of an increase in cooling water temperatures. Nuclear power plants in France, Finland, Sweden and Germany have also been affected by this situation, wh ... more
+ Extreme makeover: Fukushima nuclear plant tries image overhaul
+ Framatome becomes main distributor of Chesterton valve packing and seals for the nuclear energy industry
+ SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant
+ EDF sees new delay, cost overruns for nuclear reactor
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Abrupt thaw of permafrost beneath lakes could significantly affect climate change models
Fairbanks AK (SPX) Aug 22, 2018
Methane released by thawing permafrost from some Arctic lakes could significantly accelerate climate change, according to a new University of Alaska Fairbanks-led study. The study, which was published Aug. 15 in the journal Nature Communications, focuses on the carbon released by thawing permafrost beneath thermokarst lakes. Such lakes develop when warming soil melts ground ice, causing th ... more
+ NOAA: July was fourth-hottest on record
+ Next half-decade will be hotter than expected, climate scientists predict
+ Australia ramps up aid to farmers as drought bites
+ Leadership fears see Australia PM back away from climate targets
+ Britain's dry summer reveals ancient sites
+ Brace for extra-warm weather through 2022: study
+ Farmers in war-torn Afghanistan hit by worst drought in decades
Tesla sues Ontario over scrapped electric car rebate
Montreal (AFP) Aug 17, 2018
US electric automaker Tesla has sued the government of Ontario, Canada, after the province scrapped a rebate initiative for purchases of electric cars, Canadian media reported Thursday. Upon assuming power last July, Premier Doug Ford's conservative government announced the end of several green energy programs, including several thousands of dollars in rebates for electric car buyers. Cu ... more
+ Uber hires CFO on the road to IPO
+ Musk admits exhaustion as tweet storm deepens
+ Volkswagen in dispute with Mexican farmers
+ Tesla shares tumble after Musk interview sparks fresh fears
+ EV progress influenced by cobalt and lithium prices
+ Tesla board forms committee to consider going private
+ Tesla: Musk's tweet a bridge too far?


Canada general to lead new NATO mission in Iraq
Ottawa (AFP) Aug 22, 2018
Canadian Major General Dany Fortin was named on Wednesday to lead a new NATO training and capacity building mission in Iraq. The former artillery officer and current commander of the 1st Canadian Division Headquarters - a high-readiness unit that is the first to be deployed in war zones, helps evacuate Canadians in danger and offers disaster assistance - brings decades of military planning ... more
+ US service member killed in Iraq chopper crash
+ Iraqi girls take up swimming in IS-free Mosul
+ Iraq says six 'criminals' executed
+ Iraq religious tourism squeezed by Iran sanctions
+ Nationalist cleric Sadr wins Iraq vote recount
+ Iraq's top musicians play on despite unpaid wages
+ Iraqi cleric Sadr wins vote recount: electoral commission
Koreas to shut down some border guard posts: Seoul
Seoul (AFP) Aug 21, 2018
North and South Korea have agreed to close some guard posts along their border on a trial basis, Seoul's defence minister told parliament Tuesday amid a rapid diplomatic thaw. The Demilitarized Zone that has divided the peninsula since the end of the Korean War in 1953 is, despite its name, one of the most fortified places on earth, with the areas on either side of it bristling with minefiel ... more
+ N. Korea urges Trump to be 'bold' on denuclearisation
+ Tehran museum lionises war in which Iran took on 'world'
+ No indication NKorea nuclear activities stopped: UN's IAEA
+ Iran nuclear deal: developments since US walkout
+ Iran announces new fighter jet
+ Europe must 'pay price' to save nuclear deal: Iran FM
+ N. Korea leader lambasts 'brigandish' sanctions: KCNA
Daily Newsletters - Space - Military - Environment - Energy

Anaesthetist 'killed family with gas-filled yoga ball'
Hong Kong (AFP) Aug 23, 2018
An anaesthetist gassed his wife and daughter to death using a yoga ball filled with carbon monoxide, a Hong Kong court has heard. Prosecutors told the High Court that Khaw Kim-sun left the inflatable ball in the boot of a car where the gas leaked out and killed them, according to reports from court Wednesday. His wife and 16-year-old daughter were found on a roadside in a locked yellow M ... more
+ Chinese national kidnapped in US, held for $2 million ransom
+ No children? Pay a tax, Chinese academics suggest
+ Philippines' Duterte slams China over island-building
+ Hong Kong targets fugitive tycoon accused of laundering billions
+ Hong Kong independence activist attacks Beijing at press club talk
+ China allows Swedish doctor to see detained publisher: Sweden
+ Airbnb pulls Great Wall overnight stay after uproar
Moscow signs military cooperation pact with C. Africa
Moscow (AFP) Aug 21, 2018
Moscow and the Central African Republic signed a military cooperation agreement on Tuesday, less than a month after three Russian journalists were killed in the strife-torn CAR while probing alleged Russian mercenaries. Russian Defense Minister Sergei Shoigu and his CAR counterpart Marie-Noelle Koyara signed the document on the sidelines of defense expo Army-2018 outside Moscow, Russian agen ... more
+ Archaeologists uncover ancient monumental cemetery in Kenya
+ Keita re-elected Mali president with landslide
+ Keita re-elected Mali president with landslide
+ Tanzania to arrest entire village over broken water pipe
+ South Sudan's child soldiers hope for life after war
+ Arms, investment and 'instructors': Russia boosts Africa role
+ South Sudan president pardons rival, rebels: state radio


Leonardo to deliver NH90 transport helicopters to Qatar
Washington (UPI) Aug 20, 2018
Leonardo on Monday announced a contract for the delivery of 28 NH90 medium multi-role military helicopters to the Ministry of Defense of Qatar. The order is part of a backlog production contract. Leonardo is the primary contractor for the Qatar NH90 program, which is valued at more than $3.4 billion. Leonardo is taking the lead as part of the NHI consortium. "We are proud to have ... more
+ Metal with memory: F-18 wing fold
+ Boeing receives $217 million for F/A-18 spare parts
+ Swedish fighter jet crashes after bird collision, pilot survives
+ Sikorsky Aircraft receives contract for MH-60 naval helicopters
+ BAE wins contract for airborne countermeasure systems
+ Chinese plane slides off Manila airport runway in heavy rain
+ Chinese MH370 relatives ask to meet Malaysia PM
China, US to resume trade talks in late August
Beijing (AFP) Aug 16, 2018
China will send a senior negotiator to the United States in late August to resume trade talks, its commerce ministry said Thursday, the first public meeting on the dispute in weeks as the trade conflict intensifies. Beijing and Washington have slapped tariffs on tens of billions of dollars worth of each other's goods since they held their last high-level meeting in June, raising fears that t ... more
+ China, US to resume trade talks in late August
+ US, China swap tariffs on billions in goods as sides hold talks
+ China hopes for 'good results' in US trade talks
+ US, China talks raise optimism on eve of new trade tariffs
+ Domestic pressure mounts on U.S. trade policy
+ Malaysia to shelve China-backed projects worth $22 bn
+ BHP Billiton: Trade tensions are 'exceedingly unhelpful'
Daily Newsletters - Space - Military - Environment - Energy

Japan offers to boost Sri Lanka security as China makes inroads
Colombo (AFP) Aug 21, 2018
Japan has pledged to help strengthen Sri Lanka's maritime security, authorities said Tuesday, in a new sign of efforts to counter China's strategic grip on the Indian Ocean island. President Maithripala Sirisena thanked Japan's Defence Minister Itsunori Onodera for donating two coast guard patrol craft costing over $11 million in total, his office said in a statement after talks in Colombo. ... more
+ US warns of more sanctions coming against Russia
+ China rejects 'irresponsible' Pentagon report on bombers
+ Trump says DC rained on military parade, will go to Paris instead
+ 'Crazy Rich Asians' author wanted in Singapore over national service
+ US points at China, not Russia, on election meddling
+ US will be 'good ally' to Philippines in disputed sea: official
+ Malaysian PM heading to China with mega-projects in focus


The Australians putting the brakes on fast fashion, fearing for environment
Sydney (AFP) Aug 22, 2018
In a small shop along one of Sydney's busiest streets, Sarah Freeman is encouraging Australians to slow down and break their addiction to fast fashion. Shocked by the speed at which Australians buy and throw away cheap garments, she is trying to harness an ancient concept - libraries - to persuade shoppers to rent instead of purchase clothes. "Today's society just seem to wear clothes ... more
+ Flushed contact lenses are big source of microplastic pollution
+ Tunisia anti-litter activist takes up 300-km, 30-beach challenge
+ Environmental regulations drove steep declines in US factory pollution
+ U.S. environmental regulations curbed air pollution, study shows
+ Clothing, furniture also to blame for ocean and freshwater pollution
+ Chile enacts historic ban on plastic bags
+ Australia supermarket bagged after plastic backflip
Aid agencies rush to help survivors of deadly Lombok quakes
Sugian, Indonesia (AFP) Aug 21, 2018
Indonesian aid agencies and government officials rushed Tuesday to help survivors after another series of powerful quakes rattled Lombok island, killing at least 10 people and leaving hundreds of thousands homeless. The picturesque island next to holiday hotspot Bali was hit by two deadly quakes on July 29 and August 5. On Sunday it was shaken again by a string of fresh tremors and aftershoc ... more
+ US sanctions Myanmar military commanders over Rohingya abuses
+ India rejects UAE govt's $100 mln flood disaster fund offer
+ Yazidi 'ex-sex slave' trapped both in Iraq and in German exile
+ One million pack India flood relief camps
+ Scientists Deploy Damage Assessment Tool in Laos Relief Efforts
+ Aid agencies rush to help survivors of deadly Lombok quakes
+ Fake news adds to India's flood torment
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