Oil News and Gas News
September 19, 2018
OIL AND GAS
Permian shale producers hedging their bets against pipeline projects



Washington (UPI) Sep 14, 2018
New pipeline infrastructure can't get built fast enough in the Permian Basin, where oil is selling at a $15 discount and producers are locking in prices for the next two years. New multi-billion pipeline projects are under construction or planned over the next few years to get the crude oil and natural gas to refineries on the Gulf Coast. But a new report by Wood Mackenzie shows producers don't have faith that the pipelines will be done on time. The number of Permian producers hedging th ... read more

OIL AND GAS
Gas prices steady after onslaught from Hurricane Florence
Washington (UPI) Sep 18, 2018
Hurricane Florence had little effect on gasoline prices because the storm didn't go near refineries or other energy infrastructure. The Carolinas and surrounding states also had an abundant supply of gasoline, analysts report, explaining the lack of a spike in prices. ... more
OIL AND GAS
Venezuela to bump China oil exports to one million barrels a day
Caracas (AFP) Sept 18, 2018
Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse. ... more
OIL AND GAS
U.S. official: Increase LNG exports to Europe to counter Russia
Washington (UPI) Sep 17, 2018
The United States needs to increase its natural gas exports to Europe to counter Russia's increasing energy dominance in the region, a top Trump administration official warned. ... more
OIL AND GAS
Venezuela's Maduro pays tribute to Mao, makes deals with China
Beijing (AFP) Sept 14, 2018
Venezuelan President Nicolas Maduro paid tribute to Mao Zedong at the late Chinese leader's mausoleum on Friday before overseeing energy and gold mining deals as he seeks Beijing's help to bolster his crisis-hit country's economy. ... more


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OIL AND GAS
OAS chief says should not rule out Venezuela 'military intervention'
Cucuta, Colombia (AFP) Sept 15, 2018
The head of the Organization of American States on Friday said "military intervention" to "overthrow" Nicolas Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis. ... more
OIL AND GAS
Hope, scepticism as warring South Sudan leaders sign peace deal
Addis Ababa (AFP) Sept 12, 2018
South Sudan's President Salva Kiir and rebel leader Riek Machar signed a much-anticipated peace deal on Wednesday, the latest attempt to end five years of a vicious civil war that's torn the world's youngest nation apart. ... more
OIL AND GAS
Evacuations for Florence may squeeze gas supplies, cause price spikes
Washington (UPI) Sep 13, 2018
The large-scale evacuations ahead of Hurricane Florence will cause local gasoline shortages and price spikes if tankers can't reach them fast enough, analysts say. But there are no concerns about refineries or other energy infrastructure like there was when Hurricane Harvey hit Houston last year. ... more
OIL AND GAS
US general urges Gulf Arab unity to counter Iran
Kuwait City (AFP) Sept 12, 2018
US Central Command chief General Joseph Votel urged feuding Gulf Arab states on Wednesday to put aside their differences and unite against Iranian efforts to "destabilise" the region. ... more
OIL AND GAS
Weariness and low expectations greet latest S.Sudan deal
Juba (AFP) Sept 13, 2018
Scepticism and war-weariness on Thursday greeted the latest South Sudan peace deal between the president and main rebel leader aimed at ending a dragging conflict which has killed tens of thousands, displaced millions and triggered a regional refugee crisis. ... more
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OIL AND GAS
Venezuela's Maduro eyes economic boost in China visit
Beijing (AFP) Sept 13, 2018
Venezuelan President Nicolas Maduro was expected to arrive in Beijing on Thursday to strike deals with his crisis-hit country's biggest creditor. ... more
OIL AND GAS
Iraq PM announces new Basra initiatives ahead of key vote
Baghdad (AFP) Sept 13, 2018
Iraqi Prime Minister Haider al-Abadi on Thursday announced a new series of public works initiatives for the southern city of Basra, hit by a wave of deadly protests last week. ... more
OIL AND GAS
Four questions on Basra and Iraq's political stakes
Baghdad (AFP) Sept 12, 2018
Iraqi Prime Minister Haider al-Abadi faces calls to quit after deadly protests in southern Basra crushed his fledgling, and vital, alliance with a popular Shiite cleric. ... more
OIL AND GAS
Maduro looks to China to bolster Venezuela's collapsing economy
Caracas (AFP) Sept 12, 2018
Venezuela's President Nicolas Maduro departed Wednesday for China in search of agreements to bolster the oil-exporting country's collapsing economy. ... more
OIL AND GAS
Iran opens new consulate in Iraq's Basra after attack
Basra, Iraq (AFP) Sept 11, 2018
Iran's ambassador to Iraq opened a new consulate for his country in the southern city of Basra on Tuesday, four days after its old mission building was torched by protesters. ... more


Gulf, US commanders to hold talks in Kuwait

OIL AND GAS
Re-opened Iraqi railway a sign of progress
Fallujah, Iraq (AFP) Sept 10, 2018
The newly revived railway between Baghdad and Fallujah snakes across the western Iraqi desert, through a landscape of burned-out tanks, abandoned cars and collapsed buildings. ... more
OILGASDAILY



OIL AND GAS
Oil prices down after Pompeo outlines plan to get nations off Iranian oil
Washington (UPI) Sep 7, 2018
Speaking in India this week, Secretary of State Mike Pompeo shared plans to wean nations off Iranian oil before the U.S. reimposes sanctions on Iran in November. ... more
OIL AND GAS
Court scraps multibillion-dollar Ecuador damages against Chevron
Quito (AFP) Sept 7, 2018
An appeals court in The Hague has cancelled $9.5 billion in damages handed down by an Ecuadoran court against American energy giant Chevron for causing oil pollution in the Amazon jungle, Quito said Friday. ... more
OIL AND GAS
Oil prices down, OPEC production at 10-month high
Washington (UPI) Sep 6, 2018
Amid lingering fears the reimposition of U.S. sanctions on Iran could complicate the global oil market, OPEC nations reported a strong August in the latest S&P Global Platts survey. ... more
OIL AND GAS
Trump envoys to press India on Russian missiles, Iran oil
New Delhi (AFP) Sept 5, 2018
US President Donald Trump's top two envoys were expected Thursday to press India not to buy Russian military equipment or Iranian oil, while seeking to bolster ties as China grows more assertive in the region. ... more
OIL AND GAS
Oil prices down as U.S. Gulf Coast looks ahead after Gordon
Washington (UPI) Sep 5, 2018
As Tropical Depression Gordon moves north of the U.S. Gulf Coast, the system leaves behind more than 50 offshore platforms evacuated ahead of the storm. ... more
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Barriers and opportunities in renewable biofuels production
Gothenburg, Sweden (SPX) Sep 12, 2018
Researchers at Chalmers University of Technology, Sweden, have identified two main challenges for renewable biofuel production from cheap sources. Firstly, lowering the cost of developing microbial cell factories, and secondly, establishing more efficient methods for hydrolysis of biomass to sugars for fermentation. Their study was recently published in the journal Nature Energy. The study ... more
+ Europe's renewable energy initiative is bad news for forest health, scientists argue
+ Methane to syngas catalyst: two for the price of one
+ Biodegradable plastic blends offer new options for disposal
+ Breakthrough could see bacteria used as cell factories to produce biofuels
+ Serendipitous discovery by IUPUI researchers may lead to eco-friendly lubricant
+ Producing hydrogen from splitting water without splitting hairs
+ Less drain on freshwater supplies with seawater fuel discovery
SunShare secures $11M in construction and term financing
Denver CO (SPX) Sep 14, 2018
SunShare, the nation's pioneer in community solar, has secured $11 million in construction/term project financing from ANB Bank for the construction of 8.2 MWdc of community solar gardens in Minnesota. Construction has begun on the SaintSun (6.9 MWdc) and ZumbroSun (1.3 MWdc) projects in Saint Michael and Zumbro Falls, MN, and they are expected to reach mechanical completion starting in October ... more
+ California commits to 100% clean electricity by 2045
+ Golden sandwich could make the world more sustainable
+ Power grid automating as wind, solar and global electrification drive market
+ Researchers use silicon nanoparticles for enhancing solar cells efficiency
+ PV Powerhouses Panasonic and SolarEdge Introduce Optimized High-performance Smart Module
+ Changing the type of silicon etching drops solar power costs by more than 10 percent
+ meeco to enter the clean energy market of Madagascar


Wind Power: It is all about the distribution
Freiburg, Germany (SPX) Sep 06, 2018
Wind power is an important pillar in Germany's energy policy turnaround: According to the German government, the resource should cover 65 percent of German electricity needs by 2030, along with solar, hydropower and biomass. In a recent study, Dr. Christopher Jung and Dr. Dirk Schindler from the University of Freiburg show that it will be possible to cover 40 percent of the current electricity c ... more
+ Big wind, solar farms could boost rain in Sahara
+ DNV GL supports creation of China's first HVDC offshore wind substation
+ China pushes wind energy efforts further offshore
+ Iran opens 61 MW wind farm in Qazvin province
+ Wind energy prices at all-time lows as wind turbines grow larger
+ Denmark gets nod for renewable energy support scheme
+ Searching for wind for the future
Nuclear energy may see role wane, UN agency says
Vienna (AFP) Sept 10, 2018
The UN's nuclear agency on Monday said global capacity for electricity generation through nuclear power may be shrinking over the coming decades. In a new report the International Atomic Energy Agency (IAEA) said that the sector would face challenges as "ageing reactors are retired and the industry struggles with reduced competitiveness". "Overall, the new projections suggest that nuclea ... more
+ MIT Energy Initiative study reports on the future of nuclear energy
+ Austria to appeal EU court ruling on UK nuclear plant
+ S.Africa drops Zuma's nuclear expansion dreams
+ 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
Daily Newsletters - Space - Military - Environment - Energy

Optimism trumps despair at climate summit
San Francisco (AFP) Sept 14, 2018
Mayors, governors, entrepreneurs, CEOs, investors and celebrities delivered a double-edged message Friday at the close of a climate summit in San Francisco: global warming is making the planet unliveable - but we know how to fix it. "We are using the sky as an open sewer, it's insane," former US vice president Al Gore told the conference, noting that humanity belches 110 million tons of hea ... more
+ Buried pine trees offer clues on ancient climate change in the Mediterranean
+ Regional and business leaders step into the climate breach
+ Low-carbon economy 'growth story of the century': Stern
+ Aiming for zero: cities, companies ramp up climate goals
+ Global warming: Worrying lessons from the past
+ Drought, conflict and migration in Kenya
+ Evaluating the contribution of black carbon to climate change
EU targets BMW, Daimler, VW in pollution cartel probe
Brussels (AFP) Sept 18, 2018
The EU opened an in-depth probe into alleged collusion by major German carmakers over anti-pollution technology Tuesday, a fresh blow to the scandal-hit industry three years after the notorious "dieselgate." Competition Commissioner Margrethe Vestager said BMW, Daimler and VW are suspected of agreeing "not to compete against each other on the development and roll-out" of anti-pollution syste ... more
+ Another Tesla executive heads for exit
+ Tesla confirms criminal probe into Musk talk of going private
+ French police disperse protesters opposed to motorway construction
+ VW faces first big German court date over 'dieselgate'
+ Trade war sees Volvo put brakes on IPO plans: Bloomberg
+ China suspends carpool services following murders
+ VW faces first big German court date over 'dieselgate'


Iraq parliament elects pro-Iran candidates
Baghdad (AFP) Sept 15, 2018
The Iraqi parliament elected pro-Iran candidates as speaker and first deputy speaker on Saturday, boosting the country's chances of forming a new administration more than four months after national elections. National politics has been in paralysis since the May 12 ballot, but Saturday's selections are expected to solidify new parliamentary alliances. The pro-Iran bloc led by Hadi al-Am ... more
+ Iran says US blame over Iraq protests 'astonishing'
+ US vows to respond 'decisively' to attacks in Iraq by Tehran allies
+ Two hospitals reopen in war-damaged Iraqi city Mosul
+ Under fire, Iraq PM visits Basra after deadly violence
+ Curfew imposed in Iraq's Basra as one dies in protests
+ Free from jihadist grip, Iraqi weightlifters target medals
+ Iraq's Sadr urges 'radical' solutions after deadly unrest
S. Korea launches its first missile-capable submarine
Seoul (AFP) Sept 14, 2018
South Korea launched its first ever missile-capable attack submarine on Friday, despite a recent diplomatic thaw with the nuclear-armed North. The $700 million, 3,000-tonne Dosan Ahn Chang-ho submarine is capable of firing both cruise and ballistic missiles and the first of three planned diesel-electric boats to go into service in the next five years. It represented a "leap forward in th ... more
+ US, Russia clash at UN over North Korea sanctions
+ Israel determined to stop Iran in Syria, PM tells Putin
+ Pompeo to lead UN meeting on N. Korea
+ Pentagon protests after intercept of Russian bombers
+ N. Korea's Kim to visit Seoul, shut missile site
+ Moon landing: S. Korean leader and North's Kim begin summit
+ Moon seeks to break nuclear deadlock at Pyongyang summit
Daily Newsletters - Space - Military - Environment - Energy

Prominent Chinese pastor defiant after church closure
Beijing (AFP) Sept 13, 2018
A Chinese Protestant pastor is vowing to keep preaching to his flock despite the closure of his prominent underground church in Beijing, defying the government's intensifying pressure on religious groups. Pastor Jin Mingri had given sermons at the Zion Church, one of the biggest unofficial congregations in the country, for the past decade until local officials shut it down on Sunday. Its ... more
+ China shuts down prominent Christian church
+ Chinese firm eyes Serena Williams' racquet maker
+ Got a problem? Ask China's online agony aunts
+ Vanished China star Fan last in 'social responsibility' ranking
+ Malaysian island city in trouble as PM targets China-linked projects
+ China's Didi launches safety revamp after passenger murder
+ Hong Kong top court frees 13 pro-democracy activists
Nigeria troops repel fresh Boko Haram base attack
Kano, Nigeria (AFP) Sept 13, 2018
Soldiers have thwarted another Boko Haram attack on an army base in northeast Nigeria, the latest in a series of offensives against military targets in the remote region. Scores of fighters attacked the base in Damasak, in the far north of Borno state, on Wednesday evening, firing heavy artillery in an apparent bid to overrun it. Hours of fighting ensued but the attack was repelled with ... more
+ Pygmies, masters of the forest, tackle tough lifestyle changes
+ Fish shortage sparks conflict on Africa's Great Lakes
+ Pygmies, masters of the forest, tackle tough lifestyle changes
+ Deputy army chief held in Comoros over anti-regime plot
+ Kenya police detain another Chinese journalist: embassy
+ Ancient livestock dung heaps are now African wildlife hotspots
+ Chinese man arrested after calling Kenya's president a 'monkey'


Beijing's massive new airport 'on time' for 2019 launch
Beijing (AFP) Aug 31, 2018
Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new mega airport. Aimed at easing the passenger load of Beijing's other two airports, Daxing International Airport is scheduled to become operational in June 2019, said Li Jianhua, vice chairman of Beijing City Planning New Airport Construction. ... more
+ Lockheed to repair, overhaul stealth bomber countermeasure systems
+ Lockheed to provide F-35 spare parts for Marine Corps, Navy
+ Honeywell tapped for CH-47 helicopter engines
+ Sierra Nevada receives $1.8B for Afghan A-29s
+ Raytheon contracted for DAS-4 targeting systems
+ Pole/Zero Acquisition tapped for P-8 Poseidon parts
+ Lockheed contracted for eCASS aircraft diagnostic kits
Chinese premier slams 'unilateralism' in trade disputes
Tianjin, China (AFP) Sept 19, 2018
Chinese Premier Li Keqiang railed against "unilateralism" on Wednesday in a veiled allusion to the trade fight with the United States, and threw his weight behind further opening of the world's second largest economy. Speaking at the summer session of the World Economic Forum in the eastern city of Tianjin, Li said problems must be worked out through consultations, a day after China and the ... more
+ Resilient China is firewall in emerging currency crisis
+ US companies in China say tariffs are hurting: survey
+ China vows to hit back as Trump targets $200bn in goods
+ China welcomes US trade talks offer as new tariffs loom
+ US consumers may bear brunt of Trump's tariffs
+ Trump's many trade wars: a summary
+ EU business group laments China's 'reform deficit'
Daily Newsletters - Space - Military - Environment - Energy

Mattis in Macedonia to counter 'Russian influence' against name change
Skopje (AFP) Sept 17, 2018
US Defence Secretary Jim Mattis arrived in skopje Monday to back a 'yes' vote at this month's referendum on Macedonia's name change and counter what he called "Russian influence" against the move. On September 30, Macedonians vote on whether to change the country's name to the Republic of North Macedonia, which could open the door to NATO and EU membership. The planned vote follows a lan ... more
+ German troops face Russian 'hybrid war' in Lithuania: Merkel
+ Poland offering $2 billion to host US military base: Trump
+ Approve name-change or face 'hopelessness': Macedonia PM
+ Bezos calls Trumps attacks on media 'dangerous'
+ Putin says will strengthen army at military drills
+ No farewell yet as Juncker prepares State of the EU
+ Juncker urges EU to take stronger world role


Researchers turn to oysters as pollution-tracking sentinels
Arcachon, France (AFP) Sept 17, 2018
French researchers hoping to get an early warning on pollution in the ocean have found an unlikely ally in a mollusc more often destined for the dinner table. Their findings reveal that much like canaries in a coal mine, oysters stationed near offshore oil platforms can detect minute amounts of hydrocarbons as each one constantly filters dozens of gallons of water every day. That could a ... more
+ Air pollution linked to higher risk of dementia: study
+ Most EU countries miss air quality targets: report
+ Carlsberg cans plastic rings to cut waste
+ Engineered sand zaps storm water pollutants
+ The fate of plastic in the oceans
+ Cleaning up Tokyo's beaches: An Olympic task
+ New construction boom threatens Spanish coastline
Amazon's Jeff Bezos unveils $2 bn philanthropic fund
Washington (AFP) Sept 14, 2018
Amazon founder Jeff Bezos, the richest person on the planet, announced Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion. Bezos made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune - now estimated at more than $160 billion - for charitab ... more
+ After the storm: hardship endures for Puerto Ricans on US mainland
+ Bedraggled, displaced long to return home; death toll at 23 in Carolinas
+ Facing hurricane floodwaters, US town takes lessons from the past
+ Philippine miners dig for their own in typhoon landslide
+ U.S. military prepares for post-Florence response
+ Colombian navy rescues 28 Jamaican castaways
+ Urgent preparations as super typhoon closes in on Philippines
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