OIL - AFRICA DAILY

US air strike in Libya kills two jihadist 'leaders': government

Mar 24, 2018 (AFP)

Spokesman Mohamed El Sallak, in a statement on his Twitter account, said the strike was "coordinated" with the UN-backed Government of National Accord (GNA) of ...

Aussie cowboys join Sydney rally against coal and gas mining

Mar 24, 2018 (AFP)

There were unusual sights in the harbour city's central business district as horses trotted down a major street to join demonstrators -- including indigenous pe...

Laser-based system offers continuous monitoring of leaks from oil and gas operations

Mar 23, 2018 (SPX)

As a primary component of natural gas, methane can leak during normal oil and gas production or through unknown leaks in production infrastructure. These leaks ...

Mobile 'dual-comb' device significantly improves methane leak detection

Mar 23, 2018 (SPX)

Now, researchers at the National Institute of Standards and Technology (NIST), the University of Colorado Boulder (CU Boulder) and the National Oceanic and Atmo...

Chrysaor picks up second North Sea oil and gas acquisition

Mar 22, 2018 (UPI)

For an undisclosed sum, the independent producer said it signed an agreement with rival Spirit Energy to take on its shares in the Armada, Maria and Seymour fie...

Crude oil prices retreat in sell-off action

Mar 22, 2018 (UPI)

By Thursday morning, the price for Brent crude oil was up about 6 percent from the start of a week burdened by geopolitical risk and concerns of a trade war. U....

Gulf of Mexico oil and gas auction draws modest interest

Mar 22, 2018 (UPI)

The U.S. Bureau of Ocean Energy Management steered an auction Wednesday from New Orleans for 77 million acres of deep- and shallow-water tracts in the U.S. Gulf...

Greek company makes $1.6B investment in Israeli gas

Mar 22, 2018 (UPI)

Energean said it was using $405 million from its IPO to help move forward with a $1.6 billion final investment decision for the Karish and Tanin developments of...

IEA: Fossil fuels clearly dominate energy landscape

Mar 22, 2018 (UPI)

The International Energy Agency reported Thursday that global energy demand growth increased last year by 2.1 percent from 2016. With the global economy acceler...

Radar shows large areas of Texas oil acreage heaving and sinking at large rates

Mar 22, 2018 (SPX)

That's the finding of a geophysical team from Southern Methodist University, Dallas that previously reported the rapid rate at which the sinkholes are expanding...

Industry optimistic about Gulf of Mexico drilling auction

Mar 21, 2018 (UPI)

The U.S. Bureau of Ocean Energy Management holds an auction Wednesday for more than 77 million acres in federal waters offshore Alabama, Florida, Louisiana, Mis...

China takes minority stake in oil offshore United Arab Emirates

Mar 21, 2018 (UPI)

The Abu Dhabi National Oil Co. said Wednesday it awarded a 10 percent stake in the Lower Zakum concession and Umm Shaif/Nasr concession to China National Petrol...

HRW: Political fractures an economic risk for oil-rich Libya

Mar 21, 2018 (UPI)

Libya fractured along multilateral lines in the wake of civil war in 2011 that culminated with the death of long-time ruler Moammar Gadhafi. After general elect...

China, Philippines agree 'prudent' cooperation on joint sea exploration

Mar 21, 2018 (AFP)

The two states have long been embroiled in a bitter dispute over the waterway -- with China claiming nearly the entire sea -- but Philippine President Rodrigo D...

Tighter markets, Iranian risk premium drives oil prices higher

Mar 21, 2018 (UPI)

"A lot of bad things are happening in Iran," U.S. President Donald Trump said following a meeting with Saudi Crown Prince Mohammed Bin Salman. "The deal is comi...

Norway has concerns about Transocean rig

Mar 21, 2018 (UPI)

The Petroleum Safety Authority issued an order to Transocean following an audit that ended in early February at the company's Spitsbergen mobile drilling unit. ...

Russia considers gas field options for Chinese pipeline

Mar 21, 2018 (UPI)

Representatives from Russian natural gas company Gazprom discussed the development of the Kovyktinskoye field with officials from the Irkutsk region in southeas...

China's CNPC seals $1.18 bn Abu Dhabi oil concession deal

Mar 21, 2018 (AFP)

The 40-year deal is the latest in a series of contracts Abu Dhabi has sealed with foreign partners and will see China increase its footprint in the vital region...

U.S. expresses clear opposition to Russian gas pipeline

Mar 21, 2018 (UPI)

A bipartisan group of 39 senators sent a letter last week to the U.S. Treasury Department expressing opposition to Russian plans to twin the Nord Stream pipelin...

Metal-organic frameworks cut energy consumption of petrochemicals

Mar 21, 2018 (SPX)

One of the most important products in the petrochemical industry is propylene, which is widely used in fibers, foams, plastics etc. Purifying propylene almost a...