Oil and gas

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EU Adds Russians, Entities To Crimea Sanctions Over Siemens Case .

RFE/RL has learned that the European Union has added four Russian individuals and three Russian entities to its sanctions list after revelations that four gas turbines from the German company Siemens were "illegally" diverted from Russia to Ukraine's occupied Crimean Peninsula.

- Radio Free Europe - US

UK to ban sale of new petrol and diesel vehicles.

Britain plans to ban the sale of new diesel and petrol cars and vans from 2040, as the government intends to act on air pollution. Environmental groups said the proposals did not go far enough.

- Deutsche Welle - DE

Investigation tests new methods of water recycling in space.

Sometimes the best solution to a complex problem is the simplest one. That's the approach that the Capillary Structures for Exploration Life Support team took when designing the fluid physics investigation aboard the International Space Station. The Capillary Structures investigation uses capillary action, or the ability ...

- PhysOrg - NL

Uganda's plan to allow forceful takeover of private land stirs anger.

Uganda expects to start pumping crude oil in 2020 and petroleum-related infrastructure, including an export pipeline, will require the public acquisition of private land.

- BusinessDailyAfrica - KE

Britain is banning all new gas and diesel car sales after 2040.

The United Kingdom will ban all sales of new gas- and diesel-powered vehicles beginning in 2040, the British environment secretary, Michael Gove, announced Wednesday. "We can't carry on with diesel and petrol cars," Gove said in a BBC interview. "There is no alternative to embracing new technology." While demand for ...

- The Week - US

My oil trade has done well – so should we pull out now?.

A while ago, Dominic Frisby suggested oil would be the best trade of the next five years. Today, he checks back in to see how it's doing. The post My oil trade has done well – so should we pull out now? was first published on MoneyWeek.

- MoneyWeek - UK

Diesel and petrol car ban: Clean air strategy 'not enough'.

The clean air strategy should include a scrappage scheme and clean air zones, campaigners say.

- BBC - UK

OPEC oil prices soar.

The price of OPEC basket of fourteen crudes stood at $47.11 a barrel on July 25, compared with $46.01 the previous day, the cartel said in a message.

- AzerNews - AZ

World oil prices exceed $50.

World oil prices exceeded $50 per barrel and continue rising on July 26.

- AzerNews - AZ

Return of oil prices to $60 requires multiple production losses - expert.

Additional production losses are required for a return of world oil prices to the level of $60 per barrel and higher, Tom Kloza, Global Head of Energy Analysis in Oil Price Information Service , owned by IHS research company, believes.

- AzerNews - AZ

EBRD approves loan for Shah Deniz-2.

The European Bank for Reconstruction and Development will allocate up to $100 million to expand financing of LUKOIL Overseas Shah Deniz Ltd in the project of development of the largest Azerbaijani gas condensate field Shah Deniz-2.

- AzerNews - AZ

U.S. Energy Secretary spoofed by Russian pranksters – media

U.S. Energy Secretary Rick Perry discussed climate change, expanding American coal exports to Ukraine, and natural gas during a recent phone conversation with a Russian prankster who Perry thought was Ukraine's prime minister, according to Radio Free Europe/Radio Liberty.

- UNIAN - UA

News24.com | Gunmen kidnap at least 10 on Nigeria oil exploration mission

Gunmen believed to be Boko Haram Islamists have kidnapped at least 10 members of an oil exploration team in northeast Nigeria, colleagues and the state-run oil firm says.

- News24.com - ZA

News24.com | Boko Haram ambushes oil convoy in Nigeria, killing soldiers

Authorities in northern Nigeria say at least 10 military personnel have been killed and a similar number of university workers are unaccounted for after Boko Haram extremists attacked the convoy

- News24.com - ZA

Azeri Light oil price increases on world markets

- Today.Az - AZ

OPEC oil prices soar

- Today.Az - AZ

World oil prices exceed $50

- Today.Az - AZ

UK to ban new petrol and diesel cars from 2040

Britain will ban the sale of new petrol and diesel-powered cars from 2040 as part of a plan to get them off the roads altogether 10 years later, UK Environment Minister Michael Gove confirmed this afternoon.

- RTE - IE

UAE buys first US oil cargo

Condensate consignment will arrive aboard a supertanker that can carry up to 2m barrels of oil

- GulfNews - AE

EU warns U.S. it could swiftly counter new sanctions on Russia

THE European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc's energy security. Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials for breaking transatlantic ...

- Shanghai Daily - CN

Fugitive Guo Wengui's lies exposed

More proof has been given that Guo Wengui, one of China's most-wanted fugitives, has used fabricated and distorted information to mislead the public, this time attacking the reputation of a company manager. Guo made claims via overseas media outlets and online video platforms that Yao Qing, general manger of GI Technologies ...

- Shanghai Daily - CN

NOCL gets insolvency official

The National Company Law Tribunal, Chennai, has appointed an Insolvency Resolution Professional for Nagarjuna Oil Corporation Ltd. which is setting up a six million tonne refinery on the ...

- The Hindu - IN

U.K. to ban diesel, petrol cars

Move likely by 2040 is to meet EU emission norms and improve air quality

- The Hindu - IN

Oil gains, U.S. stocks hit highs as investors await Fed | Reuters

The post Oil gains, U.S. stocks hit highs as investors await Fed | Reuters appeared first on Firstpost.

- Firstpost - IN

Petroleum unions call off strike

July 26, Colombo: Sri Lanka's Ceylon Petroleum Corporation Trade Unions Collective has decided to suspend the strike launched from midnight Monday .

- ColomboPage.com - LK

Sri Lanka Army aids in restoring fuel delivery hampered by the strike

July 26, Colombo: Army troops, together with members of sister services by mid-noon today succeeded in releasing a fleet of fuel-filled bowsers of the Petroleum Corporation to the outside market, affected by the ongoing trade union action, the Government Information Department said.

- ColomboPage.com - LK

Exclusive: U.S. sanctions Venezuelan officials to pressure Maduro - sources

WASHINGTON - The Trump administration is imposing sanctions on 13 senior officials of Venezuela's government, military and state oil company PDVSA on Wednesday, U.S. officials said, seeking to ratchet up pressure on President Nicolas Maduro to scrap plans for a controversial new congress.

- Reuters - US

The future of cannabis is vaping — here's how it works

The days of rolling joints are coming to an end. In 2017, more and more people are choosing to consume marijuana electronically. Just like so many things about life in the post-smartphone world, cannabis is being made more convenient and accessible through modern technology. Rather than buying cannabis, rolling a joint, and ...

- Business Insider - US

Strong Draw In Crude Inventories Boosts Oil Prices

The Energy Information Administration once again helped to lift oil market spirits this week by reporting another hefty decline in U.S. commercial crude oil inventories for the week ending July 21. A day after the American Petroleum Institute estimated inventories had declined by a generous 10.23 million barrels—the ...

- OilPrice.com - US

The daily business briefing: July 26, 2017

1. The British government said Wednesday that it would ban the sale of new gasoline and diesel cars by 2040 in the latest move by public officials and automakers to embrace electric vehicles and ditch the traditional internal-combustion engine. France made a similar announcement two weeks ago, and Volvo recently said it ...

- The Week - US

Britain to ban new gasoline, diesel cars in 2040 - not good enough, London's mayor says

Filed under: Government/Legal,Green,Emissions,UK,Emerging Technologies,Technology,Electric That's a long way off, and EVs are maturing quickly.Continue reading Britain to ban new gasoline, diesel cars in 2040 - not good enough, London's mayor says Britain to ban new gasoline, diesel cars in 2040 - not good enough, London's ...

- Autoblog - US

This massive natural gas pipeline will run right through Native American communities

Dominion's Atlantic Coast Pipeline disproportionately affects Native communities.Community residents, including members of North Carolina tribes, protest the Atlantic Coast Pipeline in Pembroke, North Carolina, in November 2016. CREDIT: Clean Water for North CarolinaProtests against the Dakota Access oil pipeline in North ...

- ThinkProgress - US

EIA Says US Will Set Oil Record Next Year

We're heading into uncharted waters, thanks to shale. The post EIA Says US Will Set Oil Record Next Year appeared first on The American Interest.

- The American Interest - US

The diesel scandal echoes the banking sector's woes

As their sales model is threatened, carmakers are tempted to cut corners

- Financial Times - US

Rosneft claims against Sistema risk souring investment climate

State-controlled oil group accuses rival of stripping assets from Bashneft between 2009 and 2014

- Financial Times - US

Oil buoyed by another sharp fall in US crude inventories

- Financial Times - US

Germany's Merkel has warned against demonizing diesel, spokeswoman says

BERLIN - German Chancellor Angela Merkel has repeatedly warned against "demonizing" diesel engines, a German government spokeswoman said on Wednesday after Britain announced a plan to ban combustion-powered cars by 2040.

- Reuters - US

German official labels excessive focus on diesel bans 'unimaginative'

BERLIN - German Chancellor Angela Merkel has repeatedly warned against "demonizing" diesel traction, a German government spokeswoman said on Wednesday in response to the announcement of Britain's plan to ban combustion-powered cars by 2040.

- Reuters - US

Electric cars win? Britain to ban new petrol and diesel cars from 2040

LONDON - Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of popular use of the fossil fuel-guzzling internal combustion engine.

- Reuters - US

New petrol and diesel cars face UK ban by 2040

Michael Gove prepares to follow lead set by France two weeks ago

- Financial Times - US

'PAS may spoil votes, but it won't be kingmaker in GE14'

UPDATED 9.15PM | 'If PAS becomes the third bloc, it would only become irrelevant,' an academic tells a forum in Shah Alam.

- Malaysiakini - MY

Rick Perry Fell for Prank Call That Lasted 22 Minutes

Bad news for Rick Perry: The promising new biofuel made from pig manure and homebrewed alcohol he wants to learn more about isn't real—and the person who told him about it wasn't Ukrainian Prime Minister Volodymyr Groysman. The energy secretary's 22-minute phone call July 19 with the man he...

- Newser - US

Exclusive: U.S. sanctions 13 senior Venezuelan officials - sources

WASHINGTON - The Trump administration is imposing sanctions on 13 senior officials of Venezuela's government, military and state oil company PDVSA on Wednesday, U.S. officials said, seeking to ratchet up pressure on President Nicolas Maduro to scrap plans for a controversial new congress.

- Reuters - US

Britain to ban sale of new diesel, gasoline cars by 2040

Britain's government says it will ban the sale of new cars and vans using diesel and gasoline starting in 2040 as authorities move to tackle air pollution.         

- USA TODAY - US

Daimler Stands by Diesel Despite Growing Controversy

German automaker Daimler's profits barely rose and were short of market expectations as its Mercedes-Benz luxury car division boomed while earnings lagged at its truck, van and bus businesses.   The second-quarter results were overshadowed by the growing controversy over diesel technology hanging over the automaker â€” ...

- Voice of America - US

U.S. judge refuses to halt New York nuclear power plant subsidies

By Jonathan Stempel NEW YORK - A federal judge on Tuesday dismissed a lawsuit by energy companies and trade groups to stop New York Governor Andrew Cuomo from providing billions of dollars in subsidies to prop up struggling nuclear power plants in the state. U.S. District Judge Valerie Caproni in Manhattan rejected claims ...

- Yahoo! News - US

U.S. inventory declines, OPEC trouble help extend oil price rally

A bullish report on crude oil inventories from the United States added to planned and unplanned shortages from OPEC to give oil prices another rally Wednesday.

- UPI - US

Britain to Ban New Diesel and Gas Cars by 2040

The move, which follows similar announcements by France, India and Norway, is the latest part of a growing push toward the use of electric vehicles.

- New York Times - US

Tullow Oil swings to a loss in the first half as weak oil prices bite

Shares in Tullow Oil rose as much as 10 per cent today as the company reduced debt and freed up cash despite a drop in profit in the first half. The figures The Africa-focused oil and gas firm announced a pre-tax loss of $519m  for the six months to the end of June compared with a profit of $24m the previous ...

- City AM - UK

Reuters Video: UK to ban new petrol and diesel cars from 2040

Britain will ban the sale of new petrol and diesel-powered cars from 2040 as part of a plan to get them off the roads altogether 10 years later, according to the UK government, in a move that follows a similar announcement by the French government....

- The Malay Mail - MY

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