Oil News and Gas News
October 10, 2018
OIL AND GAS
Total, Saudi Aramco sign accord to build petrochemical complex



Washington (UPI) Oct 9, 2018
France's Total and Saudi Aramco inked an accord for the front-end engineering and design of a new petrochemical plant in an eastern province of Saudi Arabia. The agreement represents a $5 billion investment, and it is scheduled to start operating in 2024. Amin Nasser, president and CEO of Saudi Aramco, said during the signing event in Dhahran on Monday that the new plant "will deliver on multiple levels, from high-value fuels and petrochemical products never manufactured in the Kingdom before, ... read more

OIL AND GAS
UN, AU ask S.Sudan's warring sides to deliver on peace deal
Juba (AFP) Oct 9, 2018
The United Nations and African Union on Tuesday called on South Sudan's warring parties to take concrete steps to implement the latest peace deal signed last month. ... more
OIL AND GAS
Gas prices highest in four years for fall season
Washington (UPI) Oct 9, 2018
Gasoline prices have on average gained 3 cents on the week, rising to $2.91 per gallon, despite moves to a cheaper winter blend - and the current levels, highest for a fall period in four years, are likely to remain "unseasonably expensive" through the end of the year, the AAA reported. ... more
OIL AND GAS
Russia minister considers joining OPEC unnecessary, unreasonable
Washington (UPI) Oct 9, 2018
Russia's Energy Minister Alexander Novak considers unnecessary for the country to join the Organization of Petroleum Exporting Countries, or OPEC, as the current relationship makes it possible to reach accords while avoiding "legal obligations". ... more
OIL AND GAS
Crude oil prices tick up as Hurricane Michael targets the Florida panhandle
Washington (UPI) Oct 9, 2018
Oil prices were up in mid-day trading Tuesday as Hurricane Michael barrels toward the Florida panhandle. ... more


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OIL AND GAS
BP, Exxon, Equinor prep production platforms in Gulf ahead of Michael
Washington (UPI) Oct 9, 2018
BP has shut production at four platforms located near the potential path of Hurricane Michael, and Equinor and ExxonMobil cut staff to a minimum and evacuated rigs, as it moves into the northern Gulf of Mexico with an expected Wednesday landfall. ... more
OIL AND GAS
Exxon Mobil gives $1 mn to lobby for US carbon tax
New York (AFP) Oct 9, 2018
Exxon Mobil said Tuesday it would spend $1 million to support a US lobbying campaign behind a carbon tax, boosting an initiative that faces long odds in Washington in the near-term ... more
OIL AND GAS
Italy's ENI signs accord with BP, Libya to take over EPSA operation
Washington DC (SPX) Oct 09, 2018
Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago. ... more
OIL AND GAS
French prosecutor demands hefty fine for cruise ship pollution
Marseille (AFP) Oct 8, 2018
French prosecutors called for a 100,000-euro fine against a US cruise ship captain and the vessel's owners for having deliberately flouted European air pollution limits. ... more
OIL AND GAS
Iran moves against banking isolation as it faces crude oil sanctions
Washington (UPI) Oct 8, 2018
Iran took a step to combat banking isolation that could hamper any future dealings with nations that currently buy its oil, the country's state agency reported. ... more
24/7 Disaster News Coverage
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OIL AND GAS
U.S. could issue waivers for Iran crude; oil prices dip Monday
Washington (UPI) Oct 8, 2018
Oil prices were down Monday morning on reports that the United States could issue waivers for countries to continue importing Iranian crude. ... more
OIL AND GAS
Race to clean up oil spill after cargo ships collide off Corsica
Marseille (AFP) Oct 8, 2018
French and Italian civil and military teams were working to contain a spreading oil spill in the Mediterranean Monday after a container ship collision off the island of Corsica that prompted France to launch an investigation into "maritime pollution". ... 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
After huge gains, WTI crude oil slips more than $1.50
Washington (UPI) Oct 4, 2018
Oil prices lost ground Thursday morning after a rambunctious rally the day before. ... more
OIL AND GAS
Quantum mechanics work lets oil industry know promise of recovery experiments
Nashville TN (SPX) Oct 04, 2018
With their current approach, energy companies can extract about 35 percent of the oil in each well. Every 1 percent above that, compounded across thousands of wells, can mean billions of dollars in ... more


S. Arabia backs down from blocking UN climate report: sources

OIL AND GAS
Crude oil stays steady with Iranian sanctions just a month away
Washington (UPI) Oct 5, 2018
Crude oil prices stayed steady Friday after a volatile week that saw the highest prices in four years. ... more
OILGASDAILY



OIL AND GAS
Researchers map susceptibility to man-made earthquakes
Stanford CA (SPX) Oct 08, 2018
Earthquakes in Oklahoma and Kansas had been on the rise due to injection of wastewater - a byproduct of oil and gas operations - before regulations started limiting injections. Now a new model devel ... more
OIL AND GAS
U.S. showdown with Saudis could push NOPEC to the goal line
Washington (UPI) Oct 2, 2018
President Donald Trump's tough words for OPEC could have some real teeth if the No Oil Producing and Exporting Cartels Act of 2018 gains momentum. ... more
OIL AND GAS
Qatar, Russia defend OPEC, deny manipulation of oil prices
Washington (UPI) Oct 3, 2018
Qatar's energy minister defended the oil market strategy of his country and other OPEC nations Tuesday. ... more
OIL AND GAS
Canada relaunches pipeline talks with indigenous tribes
Ottawa (AFP) Oct 3, 2018
Canada's resources minister said Wednesday Ottawa was relaunching consultations with indigenous groups on the Trans Mountain pipeline to the Pacific after a court ruled the tribes get a say in the multi-billion dollar project. ... more
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. ... more
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24/7 War News Coverage



In pre-vote boost for farmers, Trump to ease ethanol fuel rules
Washington (AFP) Oct 10, 2018
The United States will raise the ethanol content level in gasoline that can be sold year round, President Donald Trump confirmed on Tuesday, delivering a win for farmers ahead of hotly contested midterm elections. "We're going with E15 year-round," Trump told supporters at a rally in Iowa. "Promises made, promises kept." The decision came down squarely on the side of agriculture in a ... more
+ A biofuel for automated heat generation
+ 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
+ Photosynthesis discovery could help next-gen biotechnologies
+ After 150 years, a breakthrough in understanding the conversion of CO2 to electrofuels
+ New method more than doubles sugar production from plants
ASU researcher innovates solar energy technology in space
Tempe AZ (SPX) Oct 08, 2018
Experts predict that by 2050 we're going to have global broadband internet satellite networks, in-orbit manufacturing, space tourism, asteroid mining and lunar and Mars bases. More than a gigawatt of solar energy will be needed to power these activities, or the equivalent of 3.125 million photovoltaic panels. However, because it is currently the most expensive component on a satellite, sci ... more
+ Chernobyl begins new life as solar power park
+ New Solar Bible Happily Includes CPUC Required Solar Information Disclosures in latest 265 Page Edition
+ HZB researchers are used to boost the efficiency of silicon solar cells
+ China to lead world's renewable energy consumption by 2023: IEA
+ Solar panel users basked in record energy surge created by summer heatwave
+ India-led solar alliance will outshine OPEC: PM Modi
+ Renewable energy on rise in resource-poor Jordan


Large-scale US wind power would cause warming that would take roughly a century to offset
Washington DC (SPX) Oct 08, 2018
All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. Extracting energy from the wind causes climatic impacts that are small compared to current projections of 21st century warming, but large compared to the effect of reducing US electricity emissions to ze ... more
+ UCSB mechanical engineer develops ways to improve windfarm productivity
+ Large-scale wind power needs more land, causes more climatic impact than previously thought
+ Wind turbines contribute to climate change: study
+ Wind Lidar company announces new turbine-mounted Lidar and formation of Measurement Services business
+ Wind Power: It is all about the distribution
+ Big wind, solar farms could boost rain in Sahara
+ DNV GL supports creation of China's first HVDC offshore wind substation
At Le Creusot, dimensional inspection of test pieces is going digital
Paris, France (SPX) Oct 08, 2018
The test piece machining workshop on the Le Creusot site, or CFE, has been using a latest-generation dimensional inspection tool since the spring. A test piece is a sample of steel taken from the solid part of a forging or casting and machined to be used for the purposes of a given mechanical test. Before being sent to an in-house laboratory on the Le Creusot site - the Vulcain laboratory ... more
+ New concept to cool boiling surface may help prevent nuclear power plant accidents
+ TVO joins FROG as EPR reactor operator
+ First fuel cladding tubes delivered for "Hualong-1" nuclear power plant
+ Framatome wins I and C modernization contract for EDF's 900 MW reactors
+ 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
Daily Newsletters - Space - Military - Environment - Energy

UN warns paradigm shift needed to avert global climate chaos
Incheon, South Korea (AFP) Oct 8, 2018
Avoiding global climate chaos will require a major transformation of society and the world economy that is "unprecedented in scale," the UN said Monday in a landmark report that warns time is running out to avert disaster. Earth's surface has warmed one degree Celsius (1.8 degrees Fahrenheit) - enough to lift oceans and unleash a crescendo of deadly storms, floods and droughts - and is on ... more
+ Trump questions UN global warming report
+ UN warns paradigm shift needed to avert global climate chaos
+ Dutch court tells government to slash greenhouse gas
+ Avoiding climate chaos means 'unprecedented' change: UN report
+ Crisis management: Seven ways to engineer climate
+ Climate changing faster than feared, but why are we surprised?
+ Experiencing extreme weather is not enough to convince climate change skeptics
To crash or swerve? Study reveals which actions taken by self-driving cars are morally defensible
Herndon VA (SPX) Oct 10, 2018
A crash by one of Uber Technologies, Inc.'s self-driving cars earlier this year resulted in the first pedestrian death associated with self-driving technology. The incident highlighted the challenges technology companies are facing in developing software that can adequately detect and respond to hazards in the road and immediate surroundings. The vehicle could have come to a complete stop ... more
+ Divided EU ministers agree auto emission curbs
+ 'Not right away': Electric cars still have long road ahead
+ Germany probes Audi over SKorea 'fraud': report
+ Spanish cities grapple with invasion of electric scooters
+ Carmakers brace for shocks as electrified future looms
+ Daimler chief says company can't be a 'behemoth'
+ Germany to present plan for polluting diesel cars


In Iraq's city of bookshops, theology and poetry rub spines
Najaf, Iraq (AFP) Oct 10, 2018
In the covered alleyways of old Najaf in Iraq, poetry and philosophy books compete on laden shelves with economic treatises, the Koran and other theological tomes for students' attention. Since leaving his native Bangladesh for the Shiite holy city three years ago, religious student Mohammed Ali Reda has regularly frequented secondhand bookstores. There are many like him in Najaf. S ... more
+ PM-designate asks Iraqis to apply online for cabinet
+ Iraqi PM designate gets challenge of forming government
+ Murders of trailblazing Iraqi women spark conspiracy fears
+ Iraq court condemns to death 'deputy of IS leader'
+ 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
Pompeo says Kim 'ready' to invite inspectors to nuclear site
Seoul (AFP) Oct 8, 2018
International inspectors will be allowed into North Korea's dismantled nuclear testing site, US Secretary of State Mike Pompeo said Monday, after a meeting with Kim Jong Un in which he said "significant progress" was made towards denuclearisation. Pompeo met with the North Korean leader in Pyongyang on Sunday to rekindle stalled denuclearisation talks following a landmark summit between Kim ... more
+ S. Korea begins naval event without Japan after 'Rising Sun' flag row
+ Planned Kim summit narrowed down to 'three or four' locations: Trump
+ 'The Children Gone to Poland' traces N. Korea war orphans abroad
+ Iran has 'unclean hands' in world court battle, US says
+ Iran parliament passes counter-terror finance bill
+ Pompeo says Kim 'ready' to invite inspectors to nuclear site
+ France sued for 'crimes' over nuclear tests: Polynesia leader
Daily Newsletters - Space - Military - Environment - Energy

Interpol's former Chinese chief accused of bribery
Beijing (AFP) Oct 8, 2018
The former Chinese head of Interpol, who went missing last month, was accused of accepting bribes on Monday, becoming the latest top official to fall in President Xi Jinping's anti-corruption dragnet. After days of concealing the fate of Meng Hongwei - who is also China's vice minister for public security - from the international community, the public security ministry said Monday he had a ... more
+ FT journalist given seven days to leave Hong Kong
+ China's ultra wealthy buffeted as trade war bites
+ Interpol's former Chinese chief accused of bribery
+ EU condemns Hong Kong's expulsion of British reporter
+ Hong Kong will 'fearlessly take action' against independence talk
+ China warns against foreign interference as Hong Kong bans journalist
+ Kazakhstan denies asylum to China 're-education camp' whistleblower
Six killed in rebel attack on DR Congo military post: army
Goma, Dr Congo (AFP) Oct 5, 2018
A rebel attack on an army post in eastern Democratic Republic of Congo left six people dead, civilian and military sources said Friday. The Ugandan Allied Democratic Forces (ADF) is suspected of having carried out Thursday night's attack in the city of Beni, which sits near the DRC border with Uganda. The raid is thought to have targeted General Marcel Mbangu but instead killed four othe ... more
+ French air strike in Burkina Faso kills rebels: army
+ Gabon ruling party claims first-round election landslide
+ Kivu, Africa's Great Lakes battleground
+ Fair-trade deals provide safety net for Ivorian cocoa producers
+ Humans delayed the formation of the Sahara desert by half a millennium
+ Sierra Leone expels 38 Chinese for 'child labour' in mining
+ Nigerian troops repel Boko Haram attack on base: sources


Breaking it Down: NASA Takes a New Approach to Ice Crystal Icing Research
Cleveland OH (SPX) Oct 09, 2018
NASA Glenn researchers are going back to basics to probe deeper into the physics of high-altitude ice crystal icing. Measuring the conditions that lead to a build-up of ice crystals inside an engine has been a challenge, according to researcher Peter Struk. "You can't come in with probes to measure exact concentrations of water and ice particle sizes because you can't block the airfl ... more
+ Lockheed prepares proposal for US Army's future attack reconnaissance aircraft
+ Pentagon and Lockheed Martin Agree To Reduced F-35 Price in New Production Contract
+ B-2 stealth bomber completes first Hawaii deployment
+ Boeing awarded $9.2B contract for Air Force T-X trainer aircraft
+ Price for F-35 drops to lowest level yet
+ US F-35 fighters fly first ever combat mission; F-35 crashes for the first time
+ Marines send F-35B on first combat strike
FT journalist given seven days to leave Hong Kong
Hong Kong (AFP) Oct 8, 2018
A leading Financial Times journalist has been given seven days to leave Hong Kong as a backlash mounted Monday against an unprecedented challenge to freedom of the press in the city. Victor Mallet, the FT's Asia news editor and a British national, angered authorities in Beijing and Hong Kong by hosting a speech at the city's press club by Andy Chan, the leader of a tiny pro-independence poli ... more
+ US Treasury chief warns China against currency devaluations
+ IMF gathers in quake-battered Indonesia to focus on global economic tremors
+ Record US imports drive goods trade deficit with China to high in August
+ US-China trade war sparks IMF global growth cut warning
+ IMF lowers China 2019 growth forecast, citing trade war
+ US worried about China currency depreciation: official
+ US forming 'trade coalition' to confront China: Trump adviser
Daily Newsletters - Space - Military - Environment - Energy

Interpol saga hurts China's bid to lead global bodies: analysts
Beijing (AFP) Oct 9, 2018
Beijing's international image took a self-inflicted bruising with a secretive investigation into the former Chinese head of Interpol, highlighting its ruthless tactics even as it seeks global goodwill in a trade spat with the United States, analysts said. The election of Meng Hongwei as head of Interpol in 2016 was a triumph for President Xi Jinping's bid to burnish China's international pro ... more
+ With Pence salvo, US declares full-on China rivalry
+ In a divided UN, China blazes quiet path to power
+ Japan military officer killed during US-Philippine drill
+ Argentina protests British military exercises in Falklands
+ Ukraine launches large-scale air exercises with NATO countries
+ NATO chief hails Serbia partnership despite 'painful' past
+ China tells Pompeo US must stop 'misguided actions'


US cruise ship captain on trial over French pollution charges
Marseille (AFP) Oct 8, 2018
The American captain of a massive cruise ship faces trial in Marseille on Monday accused of using fuel with sulphur levels above European limits, as the Mediterranean port city grapples with the polluting effect of its drive to increase boat tourism. The Azura, capable of carrying more than 3,000 passengers, is one of the largest in the fleet operated by P&O Cruises, whose parent company Car ... more
+ Microplastics found deep in sand where turtles nest
+ On patrol with India's anti-plastic 'blue squad'
+ 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
Cost of climate-linked disasters soars: UN
Geneva (AFP) Oct 10, 2018
The economic cost of climate-related disasters hit $2.25 trillion over the last two decades, an increase of more than 250 percent compared to the previous 20 years, the UN said Wednesday. The United Nations Office for Disaster Risk Reduction (UNISDR) noted that "climate change is increasing the frequency and severity of extreme weather events" such as floods and storms. Between 1978-1 ... more
+ Morocco navy says 615 migrants saved in weekend ops
+ In quake-hit Haiti, hospital labors to treat the wounded
+ Haiti quake upends lives already stressed by poverty
+ International aid effort for Indonesia quake-tsunami swings into gear
+ Indonesia quake kids traumatised as rescuers race against clock
+ Dozens of Moroccan migrants rescued at sea
+ Indonesia clamps down on looting as quake-tsunami toll tops 1,200
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