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  Austin, Texas (UPI) Jan 6, 2017 A stronger U.S. dollar and last year's decline in the energy sector could be a "small shock" that weakens economic expansion, a Texas economist said. A November decision from the Organization of Petroleum Exporting Countries to limit production starting in 2017 helped establish a $50 per barrel floor under crude oil prices, which in early 2016 dipped below the $30 mark. In late December, Federal Reserve Bank of Dallas economist Keith Phillips said that weakness in the state economy that ... read more |
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Rex Tillerson goes to Washington, gets mixed reviewThe U.S. nominee for secretary of state and former Exxon Mobil CEO Rex Tillerson must address his close ties to Russia, a Senate Democrat said. ... more 
Gas prices last year were the lowest in 12 yearsA federal survey of retail gasoline prices in the United States in 2016 found consumers paid the lowest average price at the pump last year in 12 years. ... more 
Weak start for oil prices after U.S. labor dataU.S. labor figures supportive of growth sentiments from central bankers and optimism about a price floor did little to kick off an oil price rally early Friday. ... more 
Safety issues found in Norwegian oil field auditA Norwegian energy group has until February to address issues at one of its offshore assets, including evacuation routes, a safety regulator said. ... more |
| Previous Issues | Jan 07 | Jan 06 | Jan 05 | Jan 04 | Jan 03 |
 
 
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
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Power struggle risks tipping Libya deeper into crisisEscalating tensions between rival Libyan armed forces threaten to plunge the North African country deeper into turmoil only weeks after the fall of the Islamic State group's bastion Sirte. ... more 
More contracts for Johan Sverdrup oil fieldAn oilfield services company in Thailand said it's the latest in the line of those receiving contracts for Norway's giant offshore Johan Sverdrup field. ... more 
Albertans to receive carbon levy rebatesA carbon levy for residents in an oil-rich Canadian province has the dual purpose of advancing energy infrastructure and saving them money, an official said. ... more 
Norway's Statoil planning more drillingNorwegian energy major Statoil said it would drill 30 percent more exploration wells than it did in 2016 and most of those will be in domestic basins. ... more
Exxon, Tillerson address conflict of interest concernsAll ties are severed between Exxon Mobil and Rex Tillerson to address any conflicts of interest if he's confirmed as U.S. secretary of state, the company said. ... more |
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 Oil prices down after first-day optimism fades 
Dozens of companies land Nigerian crude oil contractsNigeria's state oil company said more than 30 companies, with nearly half of those foreign entities, have received one-year term contracts for crude oil. ... more 
Kuwait confirms OPEC cut complianceAn agreement to cut oil production to meet with the terms of an OPEC agreement reached in November holds through the first quarter, a Kuwaiti company said. ... more |
  
Two potential biofuel crops in Hawaii--sugarcane and napiergrass--may sequester more carbon in soil than is lost to the atmosphere, according to a study published January 4, 2017 in the open-access journal PLOS ONE by Meghan Pawlowski from University of Hawaii Manoa, U.S., and colleagues.
From a climate change perspective, replacing fossil fuel with biofuel makes sense only if the latter h ... more Economics of forest biomass raise hurdles for rural development Biomass operations aren't currently feasible in rural communities Molecular Velcro boosts microalgae's potential in biofuel, industrial applications |
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The notion of using solar cells placed under the skin to continuously recharge implanted electronic medical devices is a viable one. Swiss researchers have done the math, and found that a 3.6 square centimeter solar cell is all that is needed to generate enough power during winter and summer to power a typical pacemaker. The study is the first to provide real-life data about the potential of usi ... more Artificial leaf goes more efficient for hydrogen generation Stability challenge in perovskite solar cell technology China takes global lead in clean energy: report |
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  An arrangement with the leading insurance company in France helps with the goal of doubling wind power capacity in the country, French power group ENGIE said.
The French company said it build up its partnership with Crédit Agricole Assurances, the leading insurer, by absorbing the onshore wind power portfolio held by Maia Eolis.
ENGIE completed an acquisition of Maia Eolis, whic ... more The answer is blowing in the wind New rules for micro-grids in Alberta Offshore wind makes U.S. debut |
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AREVA NP supplied Rosatom with its safety instrumentation and control (I and C) system for its installation within unit 1 of the Novovoronezh-2 Russian nuclear power plant, which has been connected to the grid recently.
AREVA NP supplied the digital reactor protection system based on the company's proven I and C platform TELEPERM XS.
The system helps ensuring the safe condition of th ... more Battling energy crisis, Pakistan turns on fourth nuclear plant Report finds additional radioactive materials in gas-well drill cuttings Chemistry research breakthrough that could improve nuclear waste recycling technologies |
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A controversial paper published two years ago that concluded there was no detectable slowdown in ocean warming over the previous 15 years - widely known as the "global warming hiatus" - has now been confirmed using independent data in research led by researchers from the University of California, Berkeley, and Berkeley Earth, a non-profit research institute focused on climate change.
The 2 ... more Scientists disprove global warming took a break Tillerson called to testify on climate issues Seizing environmental opportunities under a Trump presidency |
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Faraday Future, the secretive electric car startup with ambitions to overtake Tesla, unveiled its first production vehicle Tuesday, proclaiming it to be a "new species" for personal transportation.
The company, backed by Chinese billionaire Jia Yueting (YT Jia), announced at the Consumer Electronics Show that it would begin taking reservations for deliveries in 2018 with a $5,000 deposit for ... more The future of car tech: getting to know you Renault-Nissan doubles down on autonomous cars VW near $2 bn US criminal settlement in 'dieselgate': report |
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Suicide bombings at two Baghdad markets killed at least 18 people on Sunday, the latest attacks to hit the capital as Iraqi forces battle the Islamic State jihadist group in Mosul.
Iraqi forces have pushed IS out of much of the territory the group once held, but a wave of recent bombings have highlighted the danger the jihadists pose to civilians even as they lose ground.
Sunday's first ... more Iraq launches offensive on IS near Syria border Iraq forces in Mosul punch to Tigris for first time Turkey PM heading to Iraq to ease tensions |
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  South Korea said Tuesday that US president-elect Donald Trump had sent a "clear warning" to North Korea with a tweet dismissing Pyongyang's ballistic missile claims.
"North Korea just stated that it is in the final stages of developing a nuclear weapon capable of reaching parts of the US," Trump tweeted. "It won't happen!"
Trump's tweet came a day after North Korean leader Kim Jong-Un a ... more N. Korea holds mass rally to push Kim's New Year message Five questions on China-N. Korea relationsNorth Korea nuclear threat Trump's first challenge |
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Pro-China protesters waving placards reading "Independence will get you nowhere" greeted Hong Kong pro-democracy activist Joshua Wong and three rebel lawmakers as they arrived in Taipei Saturday.
Wong, along with Hong Kong legislators Nathan Law, Eddie Chu, and Edward Yiu, is attending a political forum hosted by Taiwan's New Power Party (NPP), which is advocating for recognition of Taiwan ... more 'Thousands' of pilgrims return to China before Dalai Lama event Chinese official sentenced 10 years in vaccine scandal Football and prayer wheels: views of modern Tibet |
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Ivory Coast soldiers on Sunday ended a two-day mutiny in the second city Bouake and other key areas after reaching a deal on their demands for pay rises, housing and faster promotion.
President Alassane Ouattara called on his compatriots to "go back about their business" as normal after the deal was accepted by the military mutineers, who actions had paralysed Bouake.
The world's top coc ... more Gambia army chief backs president as region watches Chad closes border with Libya over 'terror threat' At least 15 dead in DR Congo ethnic clashes: local sources |
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A DARPA-backed small business effort broke boundaries for long-endurance flight this month by launching a uniquely designed, combustion-powered unmanned aircraft that stayed aloft for more than two days and two nights. The flight was terminated several days ahead of schedule because of incoming weather.
But the craft-built by Vanilla Aircraft of Falls Church, Virginia-landed safely with mo ... more MH370: No suspicions of crew, passengers, says French probe ALIAS Pushes the Envelope on Aircraft Automation U.S. Air Force contracts BAE Systems for intelligence sharing |
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  China's manufacturing activity expanded at its quickest pace in nearly four years in December, an independent research firm said on Tuesday, in a sign of improving health for the world's second-largest economy.
The private Caixin Purchasing Managers' Index (PMI), an indicator of conditions at smaller manufacturers, beat expectations with a reading of 51.9 in December, up from 50.9 the previo ... more Israel says China to send thousands of construction workers China's Alibaba sues vendors over selling counterfeits China manufacturing growth slows |
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Chinese growth stabilised in the third quarter, data showed Wednesday, as ample credit and hot property markets propped up the world's second-largest economy.
But while the forecast-beating reading was in line with state targets, it came as experts warned that authorities have relied too much on easy credit, which has in turn increased financial risks.
The economy grew 6.7 percent in Jul ... moreChina data and US banks propel equities higher No debt-for-equity cure for zombie firms, says China China's ranks of super-rich rise despite economic slowdown |
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  Indonesia appeared to back down Thursday from a decision to suspend all military cooperation with Australia in a row over teaching materials, with a senior minister saying only language training had been put on hold.
The Indonesian military said Wednesday that military cooperation with Canberra, including joint exercises and exchange programmes, had been put on ice last month after teaching ... more NATO and Russia in game of cat and mouse in Baltic skies Obama urges military to make Trump transition smooth Russia flags war games with US ally Philippines |
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Slovak financial analyst Rastislav Krul and his wife once waited out an hour-long traffic jam by picking up several bags worth of rubbish around a rest area off the motorway.
"No one joined in. People just watched us from their cars," recalls the 30-year-old, who has launched an anti-litter campaign from his western village of Rovinka.
"For us time flew by, for them it went slowly," he ... more Mayor of Beijing promises new environmental police force Madrid lifts partial car ban as pollution easesObama criticized after monument designation |
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More than 125,000 Iraqis have been displaced since the start in October of an offensive to retake Mosul from jihadists, the United Nations said Wednesday.
"Following the intensification of military operations in Mosul city on 29 December, the rate of displacement from Mosul has increased markedly, with over 9,000 people having fled the city in the space of four days," said the UN's Office fo ... more Rebuild hearts as well as homes, pope tells quake victims Debt traps threaten Nepal quake victims Natural disaster damage hits 4-year high: Munich Re |
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