Oil News and Gas News
August 30, 2018
OIL AND GAS
Russia, Saudi Arabia to discuss oil market issues



Washington (UPI) Aug 29, 2018
Russia's foreign minister on Wednesday hosts his Saudi counterpart to discuss, among other things, stability in the global oil market, state media reported. Russian Foreign Minister Sergei Lavrov is set to discuss conflicts in Syria and Yemen, as well as bilateral issues related to the energy sector. Russia sits on a committee monitoring compliance with a program led by the Organization of Petroleum Exporting Countries meant to keep supply on pace with demand through coordinated producti ... read more

OIL AND GAS
Oil prices supported by strong U.S. GDP
Washington (UPI) Aug 29, 2018
Crude oil prices staged a rally in early Wednesday trading as strong U.S. economic figures balanced against a build in national oil and gas inventories. ... more
OIL AND GAS
Conflict rocks OPEC member Libya
Washington (UPI) Aug 29, 2018
Political actors in Libya, a member of the Organization of Petroleum Exporting Countries, shouldn't settle scores through violence, the U.N. mission stated. ... more
OIL AND GAS
Iraq short on spare gas and diesel supplies
Washington (UPI) Aug 29, 2018
The federal Iraqi government can't distribute oil products to the Kurdish north of Iraq because it can barely satisfy its own demand, a ministry official said. ... more
OIL AND GAS
Equinor identifies Brazil as a core area of focus
Washington (UPI) Aug 29, 2018
After expressing concern about the long-term future offshore Norway, energy major Equinor said Wednesday that Brazil's energy sector was now a core area. ... more


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OIL AND GAS
Petronas wades into Gambian waters
Washington (UPI) Aug 28, 2018
Malaysian energy company PETRONAS is funding 80 percent of the costs to drill into an emerging oil basin off the coast of Gambia, a project developer stated. ... more
OIL AND GAS
Experts: Gas prices should rise over Labor Day holiday
Washington (UPI) Aug 28, 2018
Expect to see U.S. gas prices increase ahead of the long Labor Day holiday weekend, but higher prices at the pump might not last, analysts said. ... more
OIL AND GAS
Oil market gets slight boost from North American trade
Washington (UPI) Aug 28, 2018
Tepid enthusiasm over a U.S.-Mexican trade proposal made for a modest rally in crude oil prices ahead of the opening bell in New York on Tuesday. ... more
OIL AND GAS
U.S. energy sector eager for Mexican trade specifics
Washington (UPI) Aug 28, 2018
Industry groups representing the energy sector were upbeat about improved U.S. trade relations with Mexico, but expressed concern about the lack of detail. ... more
OIL AND GAS
Exxon drills deep for Australian natural gas
Washington (UPI) Aug 28, 2018
A subsidiary of Exxon Mobil said it's started the search for new sources of natural gas by drilling two new wells off the coast of Australia. ... more
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OIL AND GAS
Equinor: We need big investments now offshore Norway
Washington (UPI) Aug 28, 2018
Companies invested in the oil and gas sector offshore Norway said Tuesday that the time to invest is now as the region faces a period of field maturation. ... more
OIL AND GAS
Brazil deploys military to boost security at Venezuela border
Brasilia (AFP) Aug 29, 2018
Brazilian President Michel Temer signed a decree Tuesday to send the army to "guarantee law and order" on the border with crisis-hit Venezuela after recent violent clashes. ... more
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. ... 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


North Sea oil and gas appraisal results better than expected

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
OILGASDAILY



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 Nuclear News Coverage
24/7 War News Coverage
24/7 War News Coverage



Biodegradable plastic blends offer new options for disposal
Washington DC (SPX) Aug 30, 2018
Imagine throwing your empty plastic water bottle into a household composting bin that breaks down the plastic and produces biogas to help power your home. Now, researchers have taken an early step toward this futuristic scenario by showing that certain blends of bioplastics can decompose under diverse conditions. They report their results in the ACS journal Environmental Science and Technology. ... more
+ Breakthrough could see bacteria used as cell factories to produce biofuels
+ Producing hydrogen from splitting water without splitting hairs
+ Serendipitous discovery by IUPUI researchers may lead to eco-friendly lubricant
+ 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
Air pollution can put a dent in solar power
Boston MA (SPX) Aug 30, 2018
Ian Marius Peters, now an MIT research scientist, was working on solar energy research in Singapore in 2013 when he encountered an extraordinary cloud of pollution. The city was suddenly engulfed in a foul-smelling cloud of haze so thick that from one side of a street you couldn't see the buildings on the other side, and the air had the acrid smell of burning. The event, triggered by forest fire ... more
+ German students try to tame Australian desert with solar powered vehicle
+ Russelectric Announces Distributed Energy Controller
+ Russelectric utility paralleling systems ensure no interruption of critical loads
+ Perovskite chemistry research to inspire better solar cells
+ California takes another green step forward
+ Wartsila to help ensure reliable power supply in challenging Hawaii conditions
+ Bye Aerospace's solar electric "StratoAirNet" prototype completes 1st flight


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
+ China pushes wind energy efforts further offshore
+ 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
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

India's devastating rains match climate change forecasts
Paris (AFP) Aug 24, 2018
Once-a-century rains that have pounded the Indian state of Kerala and displaced 1.3 million people are in line with the predictions of climate scientists, who warn that worse is to come if global warming continues unabated. The monsoon rains upon which farmers in the southwestern state depend for their food and livelihoods dumped two-and-a-half times the normal amount of water across the sta ... more
+ Rain brings relief to drought-stricken Australia farmers
+ 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
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
+ Tesla wins green rebate lawsuit against Canada's Ontario province
+ China's transport ministry censures Didi after murder
+ Startup delivers groceries in self-driving cars
+ China's Didi apologises for safety lapses after murder
+ California advances electric vehicle legislation
+ Move over, Musk: Kalashnikov unveils 'electric supercar'
+ Uber hires CFO on the road to IPO


Suicide car bomber kills 11 in western Iraq
Ramadi, Iraq (AFP) Aug 29, 2018
A suicide bomber blew up a vehicle in the town of Al-Qaim in western Iraq on Wednesday, killing at least 11 people, five of them security personnel, police said. The 9 am (0600 GMT) bombing at a checkpoint on the outskirts of Al-Qaim also wounded 16 people - 11 civilians and five security personnel, police Captain Mahmud Jassem told AFP. The town, on the Syrian border some 340 kilometre ... more
+ Car bomb kills 11 in west Iraq after IS chief jihad call
+ Iraq new parliament to meet, paving way for government
+ 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
Iran tells UN court 'time running out' under US sanctions
The Hague (AFP) Aug 29, 2018
Iran told the UN's top court Wednesday that "time is running out" for its people as they suffer economic turmoil that Tehran blames on renewed US sanctions. Iran was making its closing arguments in a challenge to the sanctions at the International Court of Justice in The Hague. US President Donald Trump reimposed the sanctions after pulling out of a multilateral 2015 accord in May. I ... more
+ US ends suspension of military drills, amid NKorea tensions
+ US toughens stance as N. Korea talks stumble
+ Moscow blocks UN sanctions on Russian entities over NKorea ban
+ Pompeo visit scrapped after belligerent letter from N.Korea: report
+ NKorea still 'serious and imminent threat': Japan
+ S. Korea's Moon replaces defence chief in cabinet reshuffle
+ Mattis says 'no decision' on future S. Korea drills
Daily Newsletters - Space - Military - Environment - Energy

World leaders ignore rights in China: censored author Yan
Edinburgh (AFP) Aug 29, 2018
Chinese author Yan Lianke, whose works are banned in his heavily censored homeland, has urged world leaders not to shy away from confronting China about its human rights record. Yan, who offers frank portrayals of Chinese life prompting years of state censorship, said leaders flocking to China have become too focused on economic ties. The 60-year-old novelist told AFP that Beijing needs ... more
+ It's a bird... it's a train... China pigeon racers cause flap with rail ruse
+ Hong Kong democracy group says members were detained in China
+ 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
Bomb kills 5 Kenyan soldiers near Somali border
Nairobi (AFP) Aug 29, 2018
Five Kenyan soldiers were killed and 10 injured Wednesday when their vehicle hit a landmine on a road in a coastal area close to the Somali border. "Soldiers operating in Lamu County, while on a humanitarian civil assignment to fetch and distribute water to the residents in the area, hit an Improvised Explosive Device (IED)," the military said in a statement. It said five soldiers "succu ... more
+ Jihadist leader killed in Mali French airstrike: army
+ Two police killed in restive anglophone Cameroon
+ 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


United Technologies contracted for F-35 engine production tooling
Washington (UPI) Aug 28, 2018
United Technologies Pratt & Whitney Military Engines has received a $14.5 million for a contract on Lot 11 F-35 Lightning II F-135 engine production tooling. The contract, announced Monday by the Department of Defense, provides for engineering services on the F-135 engine, including tooling unique components and machines needed for production of the F135 engine. Work will be perf ... more
+ F-35C tests integration with USS Abraham Lincoln
+ Largest US aircraft in history: civil usage or military purposes?
+ Text Text, Bang Bang? Uber, NASA, US Army Working on Flying Taxis, AI Airspace
+ Pentagon announces flight tests of new decoy plane
+ 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
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
+ China-backed trade pact talks at 'critical stage': Singapore PM
+ Kazakh port in decline bids for slice of China trade
+ Rights groups urge Google not to bend to China censors
+ Foreigners barred from buying in planned Malaysian city
+ US-Mexico trade talks progressing but no breakthrough with China
+ Trump's many trade wars: a summary
+ US, China swap tariffs on billions in goods as sides hold talks
Daily Newsletters - Space - Military - Environment - Energy

Russia to hold biggest military drills since Cold War
Moscow (AFP) Aug 28, 2018
Russia will next month hold its biggest war games since at least the 1980s, with around 300,000 troops and 1,000 aircraft, the defence minister said Tuesday. The Vostok-2018 exercises will be carried out from September 11 to 15 in the country's east with the participation of China and Mongolia. "This will be something of a repeat of Zapad-81, but in some senses even bigger," Sergei Shoi ... more
+ Blow for France's Macron as star minister quits
+ U.S. F-15s participate in U.K. exercise Typhoon Warrior
+ Russia to hold biggest military drills since Cold War
+ Japan protests as reporter blocked from covering China FM
+ US accuses China of 'destabilizing' cross-Strait ties with El Salvador move
+ NATO, Japan conduct passing exercise in Baltic Sea
+ No fast-track NATO membership for Georgia: Merkel


Algal blooms a threat to small lakes and ponds, too
Columbus OH (SPX) Aug 30, 2018
Harmful algae isn't just a problem for high-profile bodies of water - it poses serious, toxic threats in small ponds and lakes as well, new research has found. A team of researchers from The Ohio State University examined water samples from two dozen ponds and small lakes in rural Ohio and found plenty of cause for concern, with particularly high levels of toxins at one lake. Toxins ... more
+ Paris, Tokyo, New York and others pledge to slash waste
+ Sofia theatre group explores 'invisible hands' of recycling
+ Air pollution reduces global life expectancy by more than one year
+ 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
Italy to push EU to rotate ports for migrant arrivals
Rome (AFP) Aug 29, 2018
Rome will on Thursday ask the European Union to rotate the ports where migrants rescued at sea disembark, Defence Minister Elisabetta Trenta said, with France and Spain expected to top the list. Trenta will put the plan to her European counterparts during an informal meeting in Vienna. "Tomorrow ... I will carry in the name of the Italian government a proposal to modify the rules of the ... more
+ 'Dialogue of the deaf' pits Italy against EU on migrants
+ Controversial Fukushima nuclear statue to be removed
+ Facebook move on Myanmar raises thorny political questions
+ Flood-stricken Kerala angry after UAE $100m offer rejected
+ 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
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