Oil News and Gas News
August 28, 2018
OIL AND GAS
In India, Shell agrees to buy LNG from Total



Washington (UPI) Aug 27, 2018
French supermajor Total stated Monday it could capture value from its assets in India with an LNG divestment and product sales agreement with Shell. Total on Monday signed a binding letter of intent to sell its 26 percent stake in the Hazira regasification terminal in India to Royal Dutch Shell. At the same time, the French supermajor signed a five-year agreement with Shell to sell it a half million tons of LNG per year from its global portfolio starting in 2019. "This deal enables Total ... read more

OIL AND GAS
Oil prices flat on light trading and OPEC waiting
Washington (UPI) Aug 27, 2018
Oil prices were flat ahead of the start of U.S. trading on Monday as investors waited for word on output from the Organization of Petroleum Exporting Countries. ... more
OIL AND GAS
Norwegian energy companies spar over board seats
Washington (UPI) Aug 27, 2018
Norwegian energy company DNO lashed out Monday at regional counterpart Faroe Petroleum for brushing off a request for more board representation. ... more
OIL AND GAS
North Sea oil and gas appraisal results better than expected
Washington (UPI) Aug 27, 2018
The results of an appraisal well in the North Sea drilled by a subsidiary of Lundin Petroleum were better than expected, a Norwegian regulator stated. ... more
OIL AND GAS
Johan Sverdrup reserve estimate revised higher
Washington (UPI) Aug 27, 2018
While submitting development plans to the government, Norwegian energy major Equinor said the oil potential from Johan Sverdrup was bigger than expected. ... more


Previous Issues Aug 27 Aug 24 Aug 23 Aug 22 Aug 21
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
Iran urges UN court to halt 'economic strangulation' by US
The Hague (AFP) Aug 27, 2018
Iran on Monday demanded the UN's top court suspend US nuclear-linked sanctions against Tehran, accusing Washington of plotting its "economic strangulation". ... more
OIL AND GAS
India's oil appetite is growing
Washington (UPI) Aug 27, 2018
India passes China by the middle of the next decade as the country with the biggest appetite for oil and its refineries can't keep up, Wood Mackenzie found. ... more
OIL AND GAS
Noble shareholders back $3.5 bn deal in fight for survival
Singapore (AFP) Aug 27, 2018
Commodities trader Noble Group's shareholders backed a $3.5 billion restructuring deal on Monday, in a major boost for the embattled company's efforts to stay afloat. ... more
OIL AND GAS
Final assessment of Beaufort Sea oil project completed
Washington (UPI) Aug 24, 2018
A U.S. offshore regulator published its final environmental impact statement on a planned oil development in the Beaufort Sea offshore Alaska. ... more
OIL AND GAS
Gas prices could jump ahead of Labor Day
Washington (UPI) Aug 24, 2018
One week ahead of the last major summer holiday in the United States, motor club AAA said vacation demand could cause a brief jump in gas prices. ... more
24/7 Disaster News Coverage
24/7 Technology News Coverage
24/7 China News Coverage



OIL AND GAS
Easing trade tensions, weaker dollar supporting the price of oil
Washington (UPI) Aug 24, 2018
Some easing in multilateral trade tensions, pending strikes in the North Sea and a weaker U.S. dollar added up for a spike in crude oil prices on Friday. ... more
OIL AND GAS
Norway signs off on new North Sea development
Washington (UPI) Aug 24, 2018
The Norwegian government announced Friday it signed off on a new Equinor project that boosts North Sea recoverable reserves by 62 million barrels. ... more
OIL AND GAS
Lane threatens Hawaii's energy security
Washington (UPI) Aug 24, 2018
The U.S. federal government warned Friday that energy security for Hawaii is under threat as Hurricane Lane approaches the main islands. ... more
OIL AND GAS
Russian-German joint venture hits oil production milestone
Washington (UPI) Aug 23, 2018
Drawing from a dozen oil and natural gas fields in Russia, a joint venture with German energy company Wintershall stated production passed 70 million barrels. ... more
OIL AND GAS
Australia's Santos says oil production hit 4-year high
Washington (UPI) Aug 23, 2018
Following its move to acquire Quadrant Energy, Australia's Santos said oil production hit a four-year high while production costs dropped 13 percent. ... more


Canadian oil exports by rail nearly doubled

OIL AND GAS
Trade concerns resurface to push oil prices lower
Washington (UPI) Aug 23, 2018
The price of oil was lower Thursday after volleys of fire in the U.S.-Chinese trade dispute, one day after a major spike caused by a drain on U.S. oil supplies. ... more
OILGASDAILY



OIL AND GAS
Norway urges caution in 2019 oil and gas investment forecast
Washington (UPI) Aug 23, 2018
Norwegian economists said Thursday they were urging a degree of caution in a forecast showing an increase in oil and gas investments next year. ... more
OIL AND GAS
British producer Premier Oil reaches milestone in output
Washington (UPI) Aug 23, 2018
Plateau production from its flagship Catcher basin in the North Sea helped drive net income in the first half of the year higher, Premier Oil stated. ... 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
24/7 Nuclear News Coverage
24/7 War News Coverage
24/7 War News Coverage



Producing hydrogen from splitting water without splitting hairs
Washington DC (SPX) Aug 27, 2018
New model explains interactions between small copper clusters used as low-cost catalysts in the production of hydrogen by breaking down water molecules Copper nanoparticles dispersed in water or in the form of coatings have a range of promising applications, including lubrication, ink jet printing, as luminescent probes, exploiting their antimicrobial and antifungal activity, and in fuel c ... more
+ Less drain on freshwater supplies with seawater fuel discovery
+ 'Trash is gold' as Benin community turns waste into biogas
+ Ethiopia opens plant to turn waste into energy
+ Renewables could drastically cut tailpipe emissions
+ Solar fuels working well under pressure
+ Trees and climate change: Faster growth, lighter wood
+ Converting carbon dioxide into methane or ethane selectively
Russelectric Announces Distributed Energy Controller
Hingham, MA (SPX) Aug 24, 2018
Russelectric, a leading manufacturer of automatic transfer switches and power control systems and solutions, announces its new Russelectric Distributed Energy Controller (RDEC). RDEC is a fully integrated controller for complex, mission critical distributed energy systems, ranging from back-up generation and demand management to fully functional microgrids. At the core of each RDEC is the ... more
+ Russelectric utility paralleling systems ensure no interruption of critical loads
+ Wartsila to help ensure reliable power supply in challenging Hawaii conditions
+ Bye Aerospace's solar electric "StratoAirNet" prototype completes 1st flight
+ Constellation begins construction on 10MW solar array in Maryland
+ Sanjeev Gupta to build 280MW solar farm in South Australia
+ Brown selects Freedom Solar Power to design and install rooftop solar array
+ China lodges WTO complaint on U.S. solar tariffs


Wind energy prices at all-time lows as wind turbines grow larger
Berkeley CA (SPX) Aug 27, 2018
Wind energy pricing remains attractive, according to an annual report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). At an average of around 2 cents per kilowatt-hour (kWh), prices offered by newly built wind projects in the United States are being driven lower by technology advancements and cost reductions. "Wind energy pric ... more
+ Iran opens 61 MW wind farm in Qazvin province
+ Denmark gets nod for renewable energy support scheme
+ 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
S.Africa drops Zuma's nuclear expansion dreams
Johannesburg (AFP) Aug 27, 2018
South Africa confirmed on Monday it had scrapped plans to build a series of nuclear power stations, burying one of former president Jacob Zuma's most controversial policies. Zuma's nuclear expansion plan was a key battleground for control over South Africa's finances, with his opponents accusing him of seeking a deal that could have bankrupted the country to enrich his allies. Zuma, whos ... more
+ Experts voice safety concerns about new pebble-bed nuclear reactors
+ Framatome supports its customers with a solution to increase plant efficiency
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Rain brings relief to drought-stricken Australia farmers
Sydney (AFP) Aug 26, 2018
Widespread rain fell across drought-affected parts of eastern Australia over the weekend, bringing relief to farmers struggling to cope with the driest conditions in more than half a century. Graziers have had to hand-feed sheep and cattle, sell down stock - and in some cases even shoot them to end their suffering - as they run out of hay and grain in the severe conditions affecting Queens ... more
+ California plain shows surprising winners and losers from prolonged drought
+ Abrupt thaw of permafrost beneath lakes could significantly affect climate change models
+ 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
Toyota pours $500 mn into driverless car tie-up with Uber
Tokyo (AFP) Aug 28, 2018
Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday. The deal, which reportedly values Uber at about $72 billion, aims at "advancing and bringing to market autonomous ride-sharing as a mobility service at scale", Toyota said in a statement. Analysts said the move s ... more
+ China's transport ministry censures Didi after murder
+ Startup delivers groceries in self-driving cars
+ Move over, Musk: Kalashnikov unveils 'electric supercar'
+ Uber hires CFO on the road to IPO
+ Volkswagen in dispute with Mexican farmers
+ Tesla sues Ontario over scrapped electric car rebate
+ Musk admits exhaustion as tweet storm deepens


Iraq new parliament to meet, paving way for government
Baghdad (AFP) Aug 27, 2018
Iraq's parliament will meet next week for its first session since May elections to choose a speaker and begin the process of forming a government, the outgoing president said Monday. The inaugural session of the 329-seat chamber would be chaired by its oldest member, President Fuad Massum said in a decree calling for the sitting to take place on September 3. The meeting of parliament was ... more
+ Iraqi grandmother faces daily battle caring for 22 children
+ UN investigators begin probe of IS crimes in Iraq
+ Canada general to lead new NATO mission in Iraq
+ 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
Trump calls off Pompeo's NKorea trip, blasts China
Washington (AFP) Aug 24, 2018
US President Donald Trump on Friday pulled the plug on his top diplomat's upcoming trip to North Korea - and took a swipe at China over stalled efforts to disarm Kim Jong Un's regime. "I have asked Secretary of State Mike Pompeo not to go to North Korea, at this time, because I feel we are not making sufficient progress with respect to the denuclearization of the Korean Peninsula," Trump sa ... more
+ Iran defence minister in Damascus, says will help rebuild Syria
+ UN court hears Iran's challenge against US sanctions
+ NKorea still 'serious and imminent threat': Japan
+ China slams 'irresponsible' Trump accusations over N. Korea
+ Iran fights US sanctions at UN court
+ Pompeo to return to N. Korea with new special envoy
+ No indication NKorea nuclear activities stopped: UN's IAEA
Daily Newsletters - Space - Military - Environment - Energy

Hong Kong democracy group says members were detained in China
Hong Kong (AFP) Aug 27, 2018
A Hong Kong pro-democracy group led by high-profile activist Joshua Wong said Monday two of its members had been detained and questioned in mainland China. The pair were released within hours but were warned not to publicise their experiences, the Demosisto party said in a statement. Hong Kong has rights unseen on the mainland but concerns are growing that those liberties are under serio ... more
+ Given the right to larger families, Chinese may hold off
+ China may scrap two-child limit: report
+ Anaesthetist 'killed family with gas-filled yoga ball'
+ 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
Two police killed in restive anglophone Cameroon
Douala (AFP) Aug 26, 2018
At least two police officers have died in fresh violence in western Cameroon where English-speaking separatists have declared an independent state, the military said Sunday. The men were killed by armed pro-independence fighters near the town of Wum in Northwest Region, an army spokesman said. The separatist camp spoke of nine police dead. Army spokesman Colonel Didier Badjeck said, ... more
+ Archaeologists uncover ancient monumental cemetery in Kenya
+ Moscow signs military cooperation pact with C. Africa
+ 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


Pentagon announces flight tests of new decoy plane
Washington (AFP) Aug 23, 2018
The US military has successfully tested a new generation of flying decoy that tricks an enemy's air defenses into thinking it is a US or allied aircraft, the Pentagon said Thursday. Known by its acronym MALD-X, the Miniature Air Launch Decoy confuses enemy air defenses by duplicating friendly aircraft flight profiles and radar signatures, according to manufacturers Raytheon, who in 2016 won ... more
+ Metal with memory: F-18 wing fold
+ Swedish fighter jet crashes after bird collision, pilot survives
+ Chinese plane slides off Manila airport runway in heavy rain
+ Leonardo to deliver NH90 transport helicopters to Qatar
+ Boeing receives $217 million for F/A-18 spare parts
+ Sikorsky Aircraft receives contract for MH-60 naval helicopters
+ BAE wins contract for airborne countermeasure systems
Trump's trade pledges have backfired, energy trade group says
Washington (UPI) Aug 24, 2018
U.S. President Trump is admired for fulfilling campaign promises, but some of those actions are harming his own ambitions on energy, a trade group said. On the campaign trail, Trump promised to "use every tool under American and international law to end these (trade) abuses." Nearly two years into his term, he's made good on that pledge by targeting North American, European and Chinese ... more
+ Foreigners barred from buying in planned Malaysian city
+ 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
+ Kazakh port in decline bids for slice of China trade
+ US-Mexico trade talks progressing but no breakthrough with China
+ Trump's many trade wars: a summary
Daily Newsletters - Space - Military - Environment - Energy

US accuses China of 'destabilizing' cross-Strait ties with El Salvador move
Washington (AFP) Aug 24, 2018
The United States on Thursday accused China of destabilizing cross-Strait relations following the announcement this week that El Salvador would end diplomatic ties with Taipei in favor of Beijing. "The United States will continue to oppose China's destabilization of the cross-Strait relationship and political interference in the Western Hemisphere," the White House said in a statement. " ... more
+ Russia to hold biggest military drills since Cold War
+ Blow for France's Macron as star minister quits
+ NATO, Japan conduct passing exercise in Baltic Sea
+ U.S. F-15s participate in U.K. exercise Typhoon Warrior
+ No fast-track NATO membership for Georgia: Merkel
+ 'Crazy Rich Asians' author wanted in Singapore over national service
+ Japan offers to boost Sri Lanka security as China makes inroads


Air pollution reduces global life expectancy by more than one year
Austin TX (SPX) Aug 27, 2018
Air pollution shortens human lives by more than a year, according to a new study from a team of leading environmental engineers and public health researchers. Better air quality could lead to a significant extension of lifespans around the world. This is the first time that data on air pollution and lifespan has been studied together in order to examine the global variations in how they af ... more
+ The Australians putting the brakes on fast fashion, fearing for environment
+ 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
Flood-stricken Kerala angry after UAE $100m offer rejected
Kochi, India (AFP) Aug 23, 2018
Leaders of flood-stricken Kerala state angrily hit out at India's national government Thursday for rejecting a $100 million aid offer from the United Arab Emirates as more people entered relief camps to escape the devastation. More than 1.3 million people have now packed into temporary camps even though the floods, which have left at least 420 dead and missing, are fast receding. The New ... more
+ Landslides triggered by human activity on the rise
+ 'Too girlish': Austria rejects another 'gay' asylum claim
+ Mexico's AMLO says army still needed to fight crime
+ Facebook move on Myanmar raises thorny political questions
+ Human-caused landslides on the uptick, study finds
+ India rejects UAE govt's $100 mln flood disaster fund offer
+ Scientists Deploy Damage Assessment Tool in Laos Relief Efforts
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