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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. Brent futures were trading at $80.48 a barrel at noon Monday, up $2.24. That's the highest price for Brent since it touched $80 a barrel briefly in May. The last time prices were sustained at that level was 2014. "This is the oil market's response to the 'OPEC+' group's refusal to step up its oil production," analysts at Commerzbank ... read more |
EU announces legal entity to maintain business with IranUnited 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
Canada regulator to reconsider Trans Mountain pipeline to PacificOttawa (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
Saudis face delicate balancing act at OPEC meetingWashington (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
France fountains protest against Total's Brazil oil projectParis (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 |
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| Previous Issues | Sep 24 | Sep 21 | Sep 20 | Sep 19 | Sep 18 |
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Cash, carbon, crude: How to make oil fields bury emissionsStanford, 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
Gas prices steady after onslaught from Hurricane FlorenceWashington (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
Venezuela to bump China oil exports to one million barrels a dayCaracas (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
U.S. official: Increase LNG exports to Europe to counter RussiaWashington (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
China temporarily spares U.S. oil imports from tariffsWashington (UPI) Sep 19, 2018 U.S. crude oil exports have been temporarily spared from Chinese tariffs, giving state-run oil refineries a short window to import as much as possible. ... more |
![]() Permian shale producers hedging their bets against pipeline projects
Venezuela's Maduro pays tribute to Mao, makes deals with ChinaBeijing (AFP) Sept 14, 2018 Venezuelan President Nicolas Maduro paid tribute to Mao Zedong at the late Chinese leader's mausoleum on Friday before overseeing energy and gold mining deals as he seeks Beijing's help to bolster his crisis-hit country's economy. ... more |
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OAS chief says should not rule out Venezuela 'military intervention'Cucuta, Colombia (AFP) Sept 15, 2018 The head of the Organization of American States on Friday said "military intervention" to "overthrow" Nicolas Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis. ... more
Hope, scepticism as warring South Sudan leaders sign peace dealAddis Ababa (AFP) Sept 12, 2018 South Sudan's President Salva Kiir and rebel leader Riek Machar signed a much-anticipated peace deal on Wednesday, the latest attempt to end five years of a vicious civil war that's torn the world's youngest nation apart. ... more
Evacuations for Florence may squeeze gas supplies, cause price spikesWashington (UPI) Sep 13, 2018 The large-scale evacuations ahead of Hurricane Florence will cause local gasoline shortages and price spikes if tankers can't reach them fast enough, analysts say. But there are no concerns about refineries or other energy infrastructure like there was when Hurricane Harvey hit Houston last year. ... more
US general urges Gulf Arab unity to counter IranKuwait City (AFP) Sept 12, 2018 US Central Command chief General Joseph Votel urged feuding Gulf Arab states on Wednesday to put aside their differences and unite against Iranian efforts to "destabilise" the region. ... more
Weariness and low expectations greet latest S.Sudan dealJuba (AFP) Sept 13, 2018 Scepticism and war-weariness on Thursday greeted the latest South Sudan peace deal between the president and main rebel leader aimed at ending a dragging conflict which has killed tens of thousands, displaced millions and triggered a regional refugee crisis. ... more |
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After 150 years, a breakthrough in understanding the conversion of CO2 to electrofuels New York NY (SPX) Sep 21, 2018
Scientists have long sought ways to convert abundant CO2 to useful products such as chemicals and fuel. As early as in 1869, they were able to electrocatalytically convert CO2 to formic acid. Over the past two decades, the rise of CO2 in the Earth's atmosphere has significantly accelerated research in CO2 conversion using renewable energy resources, including solar, wind, and tidal. Because thes ... more |
Origami inspires highly efficient solar steam generator Washington DC (SPX) Sep 21, 2018
Water covers most of the globe, yet many regions still suffer from a lack of clean drinking water. If scientists could efficiently and sustainably turn seawater into clean water, a looming global water crisis might be averted.
Now, inspired by origami, the Japanese art of paper folding, researchers have devised a solar steam generator that approaches 100 percent efficiency for the producti ... more |
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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 |
Framatome and Entergy sign contract for accident tolerant fuel coated cladding delivery to ANO Paris, France (SPX) Sep 21, 2018
Framatome signed a contract with Entergy to deliver and insert lead use fuel rods that utilize chromium-coated rods into Unit 1 at Arkansas Nuclear One (ANO). Chromium coating is a feature of the accident tolerant fuel design that Framatome has been developing for several years as a part of the Department of Energy's (DOE) Enhanced Accident Tolerant Fuel (EATF) program.
This work also buil ... more |
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Carbon taxes necessary in climate fight: World Bank chief Montreal (AFP) Sept 19, 2018
Fighting global warming will necessarily require taxing carbon emissions, or setting a price on carbon pollution, the World Bank's chief executive said Wednesday at a G7 environment meeting in Canada.
"We believe very strongly that we can send an economic signal by introducing a shadow price for carbon," Kristalina Georgieva told AFP, referring to a method of calculating a price per tonne of ... more |
Drivers for Uber, Lyft see incomes fall as participation jumps San Francisco (AFP) Sept 24, 2018
Drivers for Uber, Lyft and other US ridesharing services have seen their incomes fall by half in recent years as more people get behind the wheel, according to a study released Monday.
The report by US banking giant JPMorgan Chase, based on deposits received by the bank, offers a sobering note on the so-called platform or "gig" economy, although it left a number of questions unanswered.
... more |
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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 adhering to nuclear deal: British PM Washington (AFP) Sept 23, 2018
Iran is adhering to its commitments under the Iran nuclear deal and the accord - repudiated by the United States - should stay in place, Britain's prime minister said in an interview broadcast on Sunday.
"From what we see, we believe that it is doing that," Theresa May told CBS.
"We believe that that should stay in place. And others, involved in putting that deal together believe that ... more |
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Hong Kong bans pro-independence party over 'national security' fears Hong Kong (AFP) Sept 24, 2018
Hong Kong on Monday banned a political party which promotes independence, calling it a threat to national security, as Beijing clamps down on challenges to its sovereignty.
It was the first ban on a political party since the city was handed back to China by Britain 21 years ago. The foreign ministry in London expressed concern at the move.
Semi-autonomous Hong Kong enjoys freedoms unse ... more |
'Say no to China': Anger mounts in Zambia over Beijing's presence Lusaka (AFP) Sept 23, 2018
"China equals Hitler" said the sign held up in the Zambian capital Lusaka by a protester opposed to Beijing's tightening grip on the economy of the southern African nation.
The demonstrator, James Lukuku, who leads a small political party, was picked up by police and spent several hours in a cell reflecting on his one-man protest.
But he is not alone in opposing China's growing presence ... more |
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NASA balloon mission captures electric blue clouds Greenbelt MD (SPX) Sep 21, 2018
On the cusp of our atmosphere live a thin group of seasonal electric blue clouds. Forming 50 miles above the poles in summer, these clouds are known as noctilucent clouds or polar mesospheric clouds - PMCs.
A recent NASA long-duration balloon mission observed these clouds over the course of five days at their home in the mesosphere. The resulting photos, which scientists have just begun to ... more |
EU gives Britain two months to pay 2.7 bn euros over China fraud Brussels (AFP) Sept 24, 2018
The EU on Monday gave Britain two months to recover 2.7 billion euros ($3.3 billion) in lost customs duties or risk referral to the EU's top court after London allegedly ignored a scam by Chinese importers.
The demand, part of a so-called infringement action launched by Brussels, threatens to further inflame tensions amid fraught Brexit negotiations just days after an EU summit in Austria en ... more |
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China-Vatican ties: From broken churches to deal on bishops Beijing (AFP) Sept 22, 2018 The Vatican and China announced Saturday a deal to resolve the thorny issue of who gets to appoint bishops, a dispute that bedevilled their relations for decades.
AFP takes a look at four key points in the complex, centuries-old relationship between Beijing and the Holy See:
- Italian Jesuit -
In the west of Beijing lies the tomb of Matteo Ricci, an Italian Jesuit missionary famous f ... more |
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Coca-Cola, Walmart to cut plastic pollution in oceans Montreal (AFP) Sept 20, 2018 Coca-Cola, Walmart and other big multinationals pledged on Thursday to help reduce plastic pollution in the world's oceans in support of a campaign by five of the G7 industrialized nations.
Britain, Canada, France, Germany and Italy, along with the European Union, signed the Ocean Plastics Charter at a leaders' summit in Canada's Charlevoix region in June.
The United States and Japan ab ... more |
Puerto Ricans turn to life-saving self-help in Maria's aftermath Humacao, Puerto Rico (AFP) Sept 19, 2018 Desperate and alone - and with the US government nowhere to be seen - many Puerto Ricans turned to each other for salvation as they faced the furies of Hurricane Maria one year ago.
In the dark weeks that followed they also discovered something precious: a sense of fellowship and belonging that today brightens places like Mariana, a neighborhood transformed by adversity in the storm-ravage ... more |
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