OIL - AFRICA DAILY

Researchers devise microreactor to study formation of methane hydrate

Aug 23, 2017 (SPX)

NYU Tandon researchers led by Ryan Hartman, an assistant professor of biomolecular and chemical engineering who runs Tandon's Flow Chemistry with Microsystems L...

ExxonMobil misled public on climate for decades: study

Aug 23, 2017 (AFP)

An analysis of nearly 200 documents spanning decades found that four-fifths of scientific studies and internal memos acknowledged global warming is real and cau...

Kuwait's economy bruised, but resilient, World Bank says

Aug 23, 2017 (UPI)

Kuwait is a member of the Organization of Petroleum Exporting Countries and a contributor to its effort to ease supply-side strains by trimming production. OPEC...

Cambodia starts uncertain path toward oil production

Aug 23, 2017 (UPI)

KrisEnergy said it signed documents outlining plans to develop the Aspara area in the Cambodian waters of the Gulf of Thailand. The company now has 60 days to d...

Oil prices inch lower on demand pressures

Aug 23, 2017 (UPI)

The American Petroleum Institute offered a mixed report on the status of balance in the world's biggest economy. Late Tuesday, the API reported a decline in cru...

Slow drain on U.S. crude oil prices as production balances inventories

Aug 22, 2017 (UPI)

Global crude oil inventory levels have been on a steady decline, but remain above the five-year average. The Organization of Petroleum Exporting Countries aims ...

sees Mexico as important gas export market

Aug 22, 2017 (UPI)

Texas Secretary of State Rolando Pablos served as the moderator of a bilateral energy forum that counted members of a Mexican energy trade association and Mexic...

Dakota pipeline company sues environmental groups

Aug 22, 2017 (AFP)

Energy Transfer Partners launched broad accusations against Greenpeace and other environmental groups, alleging racketeering, defamation and inciting violence t...

Qatar, US stage joint military exercise

Aug 22, 2017 (AFP)

The "Friendship Jump" comes at a time of high political tension in the Gulf, where a boycott of Qatar by Saudi Arabia, the United Arab Emirates and Bahrain has ...

BHP Billiton looking to unload its U.S. shale portfolio

Aug 22, 2017 (UPI)

The company, the largest miner in the world, reported profits for the year ending June 30 at $5.89 million, a dramatic rebound after a $6.39 billion loss for th...

Prep work begins at oil drilling site in

Aug 22, 2017 (UPI)

Melbana, which has headquarters in Australia, has a production sharing contract with the Cuban energy company known as CUPET for the so-called Block 9 onshore b...

PZ Projects launches novel platform for registering natural gas trades

Aug 21, 2017 (SPX)

The platform allows players in the gas sector, including both consumers and gas marketing companies, to list their proposals for buying or selling of natural ga...

More drilling planned for offshore Norway

Aug 21, 2017 (UPI)

The Norwegian Petroleum Directorate said it gave a permit to Aker BP to start drilling in the Lotus license area of the North Sea. The target site is about 9 mi...

KBR makes strides in the Middle East and West African markets

Aug 21, 2017 (UPI)

KBR said it landed a two-year contract from a subsidiary of Austrian energy company OMV, working on behalf of the Abu Dhabi National Oil Co., known also as ADNO...

OPEC congratulates Iran's oil minister on reappointment

Aug 21, 2017 (UPI)

The Iranian parliament during the weekend confirmed Zanganeh for a second term in office as the oil minister for a country that has the third largest oil reserv...

Ukraine works to chart new energy strategy

Aug 21, 2017 (UPI)

Ukrainian energy security issues pre-date the outbreak of conflict that reached its zenith when Russia annexed the Crimean Peninsula in 2014. Former Prime Minis...

Oil retreats after Friday's market rally

Aug 21, 2017 (UPI)

After a slow start, crude oil prices jumped more than 3 percent Friday after drilling services company Baker Hughes reported a slight dip in exploration and pro...

Discovery could lead to new catalyst design to reduce nitrogen oxides in diesel exhaust

Aug 21, 2017 (SPX)

The research focuses on a type of catalyst called zeolites, workhorses in petroleum and chemical refineries and in emission-control systems for diesel engines. ...

Total snatches up Maersk Oil for $7.45 billion

Aug 21, 2017 (UPI)

Total said it would buy off the oil unit of Danish shipping giant A.P. Moller-Maersk for $7.45 billion, taking on $2.5 billion of the debt held by Maersk Oil in...

Effort mounts to expand U.S. offshore drilling

Aug 18, 2017 (UPI)

"We have an opportunity in the next offshore leasing plan to truly embrace our nation's energy potential and ensure American consumers and businesses continue t...