Oil News and Gas News
October 02, 2018
OIL AND GAS
Saudi Arabia quietly plans to increase oil output by 500,000 barrels per day



Washington (UPI) Oct 1, 2018
Saudi Arabia is poised to steadily increase production to compensate for the Iranian oil that will be subject to U.S. sanctions starting Nov. 5. Saudi Arabia hasn't said anything publicly, and seemed to tow the OPEC line following Sunday's meeting with other major oil producers. But Commerzbank said Friday that Saudi Arabia could pump another 500,000 barrels of crude oil per day. "Saudi Arabia apparently plans to quietly increase the oil supply in the short term to compensate for the sho ... read more

OIL AND GAS
Brent prices reach four-year high while experts brace for $90 crude
Washington (UPI) Oct 1, 2018
Crude oil prices reached levels not seen in four years Monday, with Brent prices topping $85 a barrel and WTI soaring to $75. ... more
OIL AND GAS
Iraqi Kurdistan struggles to rebuild tattered economy
Sulaimaniyah, Iraq (AFP) Sept 29, 2018
The oil-rich Iraqi region of Kurdistan is struggling to rebuild its economy, a year after an ill-fated independence referendum that Baghdad deemed illegal. ... more
OIL AND GAS
Earthquake fear ends Dutch gas boom
Zeerijp, Netherlands (AFP) Sept 26, 2018
The Dutch are proud of the way they have created a country by fighting back the ocean - but when they started making their own earthquakes it proved a step too far. ... more
OIL AND GAS
Brent prices dip while U.S. crude oil supplies exceed analyst expectations
Washington (UPI) Sep 26, 2018
Brent crude oil prices fell slightly Wednesday but are still hovering near a four-year high while U.S. crude oil supplies had a surprise increase. ... more


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OIL AND GAS
Macron wants Iran to sell oil, urges dialogue
New York (AFP) Sept 26, 2018
Tensions between the United States and the European Union over Iran soared into the open Tuesday after the Europeans announced plans for a legal framework to preserve business with Tehran and evade new US sanctions. ... more
OIL AND GAS
Canada regulator to reconsider Trans Mountain pipeline to Pacific
Ottawa (AFP) Sept 21, 2018
The Canadian government on Friday ordered a new review of the Trans Mountain pipeline to the Pacific taking into account the impact of increased tanker traffic on endangered killer whales along the coast. ... more
OIL AND GAS
Rising crude prices haven't brought pain to the pump, yet
Washington (UPI) Sep 25, 2018
So far, rising international crude oil prices haven't trickled down to U.S. gas pumps. ... more
OIL AND GAS
Trump comments to UN reinforce market concerns about Iran sanctions
Washington (UPI) Sep 25, 2018
President Donald Trump doubled down on OPEC Tuesday in a speech to the United Nations General Assembly, saying the oil cartel is ripping off the world. ... more
OIL AND GAS
OPEC won't react to Trump's threats, pushing Brent crude oil prices higher
Washington (UPI) Sep 24, 2018
OPEC, Russia and other countries ignored U.S. calls to increase crude oil production, sparking a Monday rally that saw Brent futures soar past the $80 mark. ... more
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OIL AND GAS
EU announces legal entity to maintain business with Iran
United Nations, United States (AFP) Sept 25, 2018
The European Union said Monday its members would set up a payment system to allow oil companies and businesses to continue trading with Iran in a bid to evade sanctions after the US withdrew from a nuclear agreement. ... more
OIL AND GAS
Saudis face delicate balancing act at OPEC meeting
Washington (UPI) Sep 21, 2018
Saudi Arabian leaders find themselves in a tough spot going into meetings with OPEC, Russia and other top oil producers in Algiers this weekend. ... more
OIL AND GAS
France fountains protest against Total's Brazil oil project
Paris (AFP) Sept 22, 2018
Fountains were tinted black in several French towns Saturday during protests against plans by oil giant Total to drill near a coral reef at the mouth of the Amazon. ... more
OIL AND GAS
2 pilots killed in Sudan military jet crash: army
Khartoum (AFP) Sept 21, 2018
A Sudanese military jet has crashed near the city of Omdurman, killing the two pilots on board, the army said on Friday, in the latest accident to hit its ageing fleet. ... more
OIL AND GAS
Stanford study highlights a path and price to coax emissions back into oil reservoirs
Stanford CA (SPX) Sep 21, 2018
In February 2018, Donald Trump signed into law new tax credits that reward oil companies for capturing carbon dioxide and preventing it from entering the atmosphere - either by burying the gas under ... more


How slick water and black shale in fracking combine to produce radioactive waste

OIL AND GAS
Trump blasts OPEC ahead of World Oil Outlook summit
Washington (UPI) Sep 20, 2018
Crude oil prices moved in opposite directions Thursday morning as Brent was trending down and WTI trending up, both for different reasons. ... more
OILGASDAILY



OIL AND GAS
China anti-graft agency probes head of energy administration
Beijing (AFP) Sept 21, 2018
The head of China's energy administration has been placed under investigation by the country's anti-corruption watchdog, the latest top official ensnared in the Communist Party's campaign against graft. ... more
OIL AND GAS
Cash, carbon, crude: How to make oil fields bury emissions
Stanford, Canada (SPX) Sep 20, 2018
In February 2018, Donald Trump signed into law new tax credits that reward oil companies for capturing carbon dioxide and preventing it from entering the atmosphere - either by burying the gas under ... 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
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Photosynthesis discovery could help next-gen biotechnologies
Brisbane, Australia (SPX) Sep 26, 2018
Researchers from The University of Queensland (UQ) and the University of Munster (WWU) have purified and visualized the 'Cyclic Electron Flow' (CEF) supercomplex, a critical part of the photosynthetic machinery in all plants, in a discovery that could help guide the development of next-generation solar biotechnologies. The findings, made in collaboration with an international team of scien ... more
+ Climate researchers: More green space, less biofuel
+ How a molecular signal helps plant cells decide when to make oil
+ Ready-to-use recipe for turning plant waste into gasoline
+ After 150 years, a breakthrough in understanding the conversion of CO2 to electrofuels
+ New method more than doubles sugar production from plants
+ WELTEC BIOPOWER at the EnergyDecentral
+ A protective shield for sensitive enzymes in biofuel cells
Multimodal imaging shows strain can drive chemistry in a photovoltaic material
Oak Ridge TN (SPX) Sep 26, 2018
A unique combination of imaging tools and atomic-level simulations has allowed a team led by the Department of Energy's Oak Ridge National Laboratory to solve a longstanding debate about the properties of a promising material that can harvest energy from light. The researchers used multimodal imaging to "see" nanoscale interactions within a thin film of hybrid organic-inorganic perovskite, ... more
+ Construction starts on biggest solar park in Limburg on Chemelot site
+ Renewable energy on rise in resource-poor Jordan
+ Ivory Coast looks to solar vehicles to replace bush taxis
+ Origami inspires highly efficient solar steam generator
+ Lego-style solar panels to smash energy bills
+ SunShare secures $11M in construction and term financing
+ California commits to 100% clean electricity by 2045


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
TVO joins FROG as EPR reactor operator
Paris, France (Spx) Oct 02, 2018
On the occasion of the FROG Steering Committee held in Gangneung, South Korea, Framatome brought together nuclear operator members from all around the world to review the past year's activities and present the latest technical advances. The arrival of this new member means that the EPR reactor design is now represented within FROG alongside the other Framatome reactor designs. "Frama ... more
+ Framatome wins I and C modernization contract for EDF's 900 MW reactors
+ First fuel cladding tubes delivered for "Hualong-1" nuclear power plant
+ Framatome to deliver ATRIUM 11 fuel to Talen Energy's Susquehanna Station
+ Engie denies plans to sell Belgian nuclear plants
+ US Nuclear Lab Building Micro-Reactor That Can Power an Army Brigade
+ Framatome and Entergy sign contract for accident tolerant fuel coated cladding delivery to ANO
+ Nuclear energy may see role wane, UN agency says
Daily Newsletters - Space - Military - Environment - Energy

UN report on global warming target puts governments on the spot
Paris (AFP) Oct 1, 2018
Diplomats gathering in South Korea Monday find themselves in the awkward position of vetting and validating a major UN scientific report that underscores the failure of their governments to take stronger action on climate. "This will be one of the most important meetings in IPCC history," Hoesung Lee, chair of the UN's Intergovernmental Panel on Climate Change, told delegates at the opening ... more
+ World leaders gather to breathe new life into Paris accord
+ Tropics are widening as predicted by climate models, research finds
+ Carbon taxes necessary in climate fight: World Bank chief
+ Leaders back climate change urgency in New York
+ Buried pine trees offer clues on ancient climate change in the Mediterranean
+ Beavers have an impact on the climate
+ Optimism trumps despair at climate summit
Late to the party, German carmakers join race against Tesla
Frankfurt Am Main (AFP) Sept 29, 2018
After years watching Tesla's electric cars speed ahead while they have been on the defensive over an industry-wide diesel emissions scandal, German high-end manufacturers have finally unveiled their first challengers to the Californian upstart. Mercedes-Benz maker Daimler, BMW and Volkswagen's Audi and Porsche subsidiaries between them control some 80 percent of the worldwide premium car mar ... more
+ Carmakers brace for shocks as electrified future looms
+ Decision looms for Berlin on diesel refits
+ US regulators charge Tesla CEO Elon Musk with fraud
+ Uber to pay $148 mn over data breach it concealed
+ Daimler chief says company can't be a 'behemoth'
+ Germany to present plan for polluting diesel cars
+ Musk escapes the worst, but Tesla still faces a bumpy road


Iraq court condemns to death 'deputy of IS leader'
Baghdad (AFP) Sept 19, 2018
An Iraqi court on Wednesday sentenced to death on terror charges a prominent jihadist described as a deputy of Islamic State group leader Abu Bakr al-Baghdadi, after he was captured in Turkey. Ismail Alwan Salman al-Ithawi was hunted down, caught and extradited after a joint operation involving Turkish, Iraqi and US intelligence agencies, according to the Iraqi authorities. "The Karkh cr ... more
+ Iran says US blame over Iraq protests 'astonishing'
+ Iraq parliament elects pro-Iran candidates
+ 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
Israel PM lashes Iran, claims secret atomic warehouse
United Nations, United States (AFP) Sept 28, 2018
Israel's prime minister on Thursday accused arch-enemy Tehran of harboring a secret atomic warehouse, making deft use of ample props and vowing that his country would never let Iran develop nuclear weapons. Iran "hasn't abandoned its goal to develop nuclear weapons," Benjamin Netanyahu told the UN General Assembly, where his annual appearance has frequently focused on Israel's chief enemy, t ... more
+ Iran's Rouhani says US will eventually rejoin nuclear deal
+ N. Korea says peace treaty no bargaining chip for denuclearisation
+ China, Russia call at UN for easing of N.Korea sanctions
+ Trump says he and Kim Jong Un 'in love'
+ Trump takes aim at Iran, China at UN Security Council
+ US-S.Korea military readiness hurt by drill pause
+ Rouhani says Trump seeking Iran leadership 'overthrow'
Daily Newsletters - Space - Military - Environment - Energy

Disappearing act: What happened to Hong Kong's Umbrella Art?
Hong Kong (AFP) Sept 26, 2018
Illuminated under a spotlight at London's British Museum, hand-drawn sketches of Hong Kong's 2014 Umbrella Movement are part of a new exhibition on dissent that offers a rare glimpse of the artworks produced during the pro-democracy rallies. The months-long demonstrations, which kicked off on September 28 four years ago, brought parts of the city to a standstill as protest camps took over ar ... more
+ Ibsen play pulled in China after audience demand free speech
+ Pope calls on Chinese Catholics to reconcile after bishop deal
+ Beijing charges shuttered church $170,000 after eviction
+ Hong Kong marks fourth anniversary of Umbrella Movement
+ China defends ban on Hong Kong pro-independence party
+ Hong Kong bans pro-independence party over 'national security' fears
+ Vatican delegation 'to visit China this month': state media
Humans delayed the formation of the Sahara desert by half a millennium
Washington (UPI) Oct 1, 2018
According to a new climate model, the Sahara desert should have formed 500 years earlier than it did. The influence of hunter-gatherers and pastoralists may explain the delay in desertification. The Sahara only became the desert it's known as today some 5,500 years ago. Some 8,000 years ago, the band stretching across North Africa was green, home to diverse vegetation and populations of ... more
+ Fair-trade deals provide safety net for Ivorian cocoa producers
+ Sierra Leone expels 38 Chinese for 'child labour' in mining
+ Nigerian troops repel Boko Haram attack on base: sources
+ US, allied forces attacked in Somalia: Pentagon
+ 'Say no to China': Anger mounts in Zambia over Beijing's presence
+ Lake Victoria, African lifeline regularly hit by sinkings
+ Algeria's air force chief fired amid military shake-up


Price for F-35 drops to lowest level yet
Washington (UPI) Oct 1, 2018
With an $11.5 billion agreement for the next round of F-35 Lightning II Joint Strike Fighter production, Lockheed Martin says the cost for all three variants of the aircraft have reached their lowest levels in the history of the program. The Department of Defense and Lockheed Martin on Friday announced the contract for Low-Rate Initial Production Lot 11, which covers a total of 141 of t ... more
+ US F-35 fighters fly first ever combat mission; F-35 crashes for the first time
+ Marines send F-35B on first combat strike
+ Harris contracted for B-52, C-130 parts for U.S. Special Ops Forces
+ Army contracts Sikorsky for UH-60 Blackhawk transmissions
+ Sikorsky nears completion on HH-60W helicopter trainers
+ Sikorsky contracted for CH-53K King Stallion spares
+ DynCorp contracted for training aircraft support for Navy
Even in new trade deal, US plays hardball with China
Washington (AFP) Oct 1, 2018
Even as he announced a new trade deal with Canada and Mexico on Monday, US President Donald Trump again went after China, making it clear a truce with Beijing was unlikely to come soon. Trump told reporters China wanted to open negotiations but "frankly, it's too early to talk." With US tariffs now on $250 billion in Chinese annual exports, about half the total that comes into the US mar ... more
+ EU launches Asia strategy to rival China's 'new Silk Road'
+ Hong Kong at greatest risk of property bubble: UBS
+ China says can't hold US trade talks with 'knife to the throat'
+ Hong Kong banks hike lending rates for first time in 12 years
+ US, EU, Japan jointly denounce unfair trade
+ Trump's tariffs on $200 bn of Chinese imports kick in
+ Shares in Chinese hotpot chain Haidilao sizzle on Hong Kong debut
Daily Newsletters - Space - Military - Environment - Energy

UK site leads the way in Skripal case with online savvy
London (AFP) Sept 30, 2018
Bellingcat, the investigative website unmasking the Skripal affair suspects, grew out of one man's efforts to track the origin of Syrian civil war weapons - from the comfort of his sofa. The latest revelations from the UK-based citizen journalism group on the nerve agent attack on Russian ex-spy Sergei Skripal have made global headlines - and they are promising more to come. Bellingcat ... more
+ US B-52s fly over South and East China Seas
+ Battle rages over EU defence pact
+ Skripal poisoning suspect is colonel in Russian GRU: report
+ Chinese interference in US at 'unacceptable level': W.House
+ Outspoken Hong Kong cardinal warns Vatican will 'abandon' Taiwan
+ Japan PM Abe names new defence minister in cabinet reshuffle
+ China, Russia denounce 'blackmail' as rift with US exposed at UN


On patrol with India's anti-plastic 'blue squad'
Mumbai (AFP) Oct 2, 2018
Wearing matching blue Nehru jackets, the dozen inspectors fan out across Mumbai's hectic Crawford Market, each scouring for violators of an ambitious plastic ban. It doesn't take Mahindra Wayangankar long to find one: a dry fruits seller, wrapping his wares in plastic, is hit with a hefty 5,000-rupee ($69) fine. Wayangankar, 50, is one of 311 officials dubbed the "blue squad" and tasked ... more
+ Gangsters, militants exploit environment for cash
+ NASA Study Untangles Smoke, Pollution Effects on Clouds
+ Coca-Cola, Walmart to cut plastic pollution in oceans
+ Nappy change: Dutch to turn diapers into furniture
+ Air pollution linked to higher risk of dementia: study
+ Microplastics may enter foodchain through mosquitoes
+ Researchers turn to oysters as pollution-tracking sentinels
Quake-hit Indonesia buries dead in mass grave
Palu, Indonesia (AFP) Oct 1, 2018
Indonesian volunteers began burying bodies in a vast mass grave on Monday, victims of a quake-tsunami that devastated swathes of Sulawesi, as the UN warned that some 191,000 people were in urgent need of humanitarian assistance. Indonesia is no stranger to natural calamities and Jakarta had been keen to show it could deal with a catastrophe that has killed at least 844 people, according to t ... more
+ Indonesia clamps down on looting as quake-tsunami toll tops 1,200
+ Morocco navy fires on migrant boat, one dead: local officials
+ Rohingya crisis: UN has 'no right to interfere' says Myanmar army chief
+ Puerto Ricans turn to life-saving self-help in Maria's aftermath
+ Lebanon navy rescues dozens from sinking Cyprus-bound boat
+ Trump vows '100 percent' support for storm-battered Carolinas
+ Toll jumps to 22 in Philippine monsoon landslide
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