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  New York (UPI) Jan 10, 2017 Crude oil prices notched only modest gains before trading opened in New York, even as Russia said it was trimming oil output as obligated under an OPEC deal. Crude oil prices lost major ground in Monday trading following a report on December exploration and production activity from oilfield services company Baker Hughes. The December rig count, which serves as an indicator of the appetite to spend on exploration and production, showed dramatic increases in North America. Oil prices have ... read more |
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U.S. strategic oil sale will have few market consequencesThe pending sale of crude oil from strategic reserves in the United States should have no major impact on global markets, energy economists said. ... more 
Russia claims compliance with OPEC cutsRussia is meeting its obligations to trim crude oil production according to the terms of an OPEC-led agreement, a spokesman for the president said. ... more 
Gas prices higher on average because of regional issuesRefinery issues for western U.S. states and higher crude oil prices pushed the national average price for gas to its highest point since June, retail data show. ... more 
More oil potential from Kurdish north of IraqThe Kurdish north of Iraq continued to show its oil potential after a driller said operations were paving the way for additional exports. ... more |
| Previous Issues | Jan 10 | Jan 09 | Jan 07 | Jan 06 | Jan 05 |
 
 
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Iraq asks Angola firm to resume work at retaken oil fieldsIraq's oil minister called Tuesday for Angolan energy firm Sonangol to resume work at fields south of Mosul where the Islamic State group had set wells alight, sparking months-long infernos. ... more 
Sikorsky probing fleet after December oil platform incidentA decision to ground some helicopters serving offshore installations in the North Sea should impact operations only short-term, a safety group said. ... more 
Dallas Fed: Energy sector slump a 'small shock'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. ... more 
Russia: Few economic burdens with oil above $40Russia needs clear economic policies to prevent shocks from oil prices, though stability is expected at $40 per barrel, a development minister said. ... more 
Oil-state of Oklahoma still under financial pressureThe revenue stream for the shale-rich state of Oklahoma shows lingering, but easing, pressure from the energy sector downturn, the state treasurer said. ... more |
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 North American rig count rises 
Oil prices dip on North American recoveryCrude oil prices moved sharply lower before the start of trading in New York as signs emerged of a strong North American energy sector recovery. ... more 
More staff reductions for Maersk OilDanish energy company Maersk Oil said it was cutting staff from one of its offices as part of the broader reorganization started last year. ... 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 Open-source plant database confirms top US bioenergy crop WSU researchers discover unique microbial photosynthesis Economics of forest biomass raise hurdles for rural development |
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A team of international researchers, affiliated with UNIST has recently engineered a new artificial leaf that can convert sunlight into fuel with groundbreaking efficiency.
The research results achieved by Professor Jae Sung Lee and Professor Ji-Wook Jang of Energy and Chemical Engineering at UNIST in collaboration with Professor Roel van de Krol at the Helmholtz-Zentrum Berlin, Germany wa ... more An ordered route to improved performance of solar cells U.S. offshore regulator joins solar power trade group Off-grid power in remote areas will require special business model to succeed |
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The amount of energy generated by renewables fluctuates depending on the natural variability of resources at any given time. The sun isn't always shining, nor is the wind always blowing, so traditional power plants must be kept running, ready to fill the energy gap at a moment's notice. Because the grid has no storage, and unlike coal or nuclear, there is no control over the fluctuating producti ... more French power group aims to double wind capacity New rules for micro-grids in Alberta Offshore wind makes U.S. debut |
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  EU anti-trust regulators on Tuesday cleared the French government's massive restructuring of troubled state-owned nuclear reactor builder Areva.
Problem-prone Areva, which is 87-percent owned by the French state, has faced severe difficulties since 2011, when the Fukushima disaster in Japan called nuclear power generation into question across the world.
In April, Paris notified the EU Co ... more Controversial nuclear power plant near New York to close AREVA NP supplies Safety Instrumentation and Control System for Generation 3 Reactor Battling energy crisis, Pakistan turns on fourth nuclear plant |
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  President Barack Obama launched a fresh defense of emissions curbs against Donald Trump's plans to scrap a global climate deal, saying the accord was in America's interest Monday.
Writing in the journal "Science" Obama said that the United States was proving that reducing greenhouse gases can help economic growth.
Reforms can "can boost efficiency, productivity, and innovation," he said. ... more Global warming hiatus disproved yet again Scientists disprove global warming took a break Tillerson called to testify on climate issues |
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Engineers at the University of California, Riverside have taken inspiration from biological evolution and the energy savings garnered by birds flying in formation to improve the efficiency of plug-in hybrid electric vehicles (PHEVs) by more than 30 percent.
Titled "Development and Evaluation of an Evolutionary Algorithm-Based Online Energy Management System for Plug-In Hybrid Electric Vehi ... more VW directors knew of emissions scandal earlier: press Cadillac keeps plan to sell Chinese-made cars in US US charges VW executive with fraud in diesel scandal |
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  The number of jihadist car bomb attacks against Iraqi forces advancing in Mosul has fallen sharply to just a few a day, a top special forces commander said Tuesday.
Major General Maan al-Saadi of the elite Counter-Terrorism Service, which has done much of the fighting in east Mosul, said the Islamic State group's defence of its last major Iraqi bastion was weakening.
"Car bombs have been ... more Suicide bombers kill 18 in Baghdad market attacks Iraq launches offensive on IS near Syria borderIraq eyes recapture of east Mosul within days |
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Russia's Strategic Missile Forces (SMF) will completely switch to digital data transmission technologies by 2020, the Defense Ministry press service said in a statement.
According to the MoD press service, missile launch centers, down to the division level, as well as the SMF's Communications Center, training facilities and the Peter the Great Military Academy in Moscow and its branch in S ... more N. Korea holds mass rally to push Kim's New Year message Final Iran nuclear talks before Trump takes office US warship fires warning shots at Iranian boats in Strait of Hormuz |
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  Nearly 1.2 million people have been punished in China's ongoing anti-graft campaign, a senior official has said, promising that the government will double-down on the drive that some say is a political purge.
As part of the campaign, nearly 2,600 fugitives have been extradited or repatriated, and 8.6 billion yuan ($1.2 billion) worth of assets have been recovered, the Central Commission for ... more Hong Kong's former leader abused power: prosecution China to punish two top anti-corruption officials: Xinhua Pro-democracy Hong Kong lawmaker condemns 'violent attacks' |
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  Britain's armed forces will conduct training exercises alongside troops from the Sierra Leone for the first time, the U.K. Defense Ministry announced.
The announcement was made by British Defense Secretary Michael Fallon, who says the exercises highlight his country's commitment to maintaining combat readiness in addition to supporting security in Africa.
"Training with Sierra Le ... more Reshuffle in I.Coast, security chiefs out after mutiny I.Coast soldiers end mutiny after deal Chad closes border with Libya over 'terror threat' |
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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 Russian Defense Ministry discusses aircraft modernization plans Leonardo Helicopters wins U.K. military support deal U.S. Air Force upgrades A-10C search capability |
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  Chinese President Xi Jinping is expected to be the star attraction at this year's Davos forum, taking place next week at a time of rising populism and uncertainty around the globe.
This year's World Economic Forum, held in the luxury Swiss ski resort of Davos, should be seen as a call for "responsible and responsive leadership," WEF founder and executive chairman Klaus Schwab told AFP as the ... more HSBC mulls moving business ahead of Brexit McDonald's sells China operations for $2.08 bn Obama administration defends handling of China trade |
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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's new $1.2-bn base held up by IT glitches NATO and Russia in game of cat and mouse in Baltic skies Trump govt faces rising risk of international conflict |
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  The U.S. Army has posted a solicitation for biodegradable ammunition to be used during training exercises.
In the solicitation, the Army notes the branch manufactures and consumes hundreds of thousands of rounds for training events that may require 100 years or more to biodegrade.
By replacing existing ammunition with biodegradable alternatives, the Army says it can reduce potent ... more Mayor of Beijing promises new environmental police force Where is heavy air pollution in Beijing from Slovak 'Wastebusters' on anti-litter crusade |
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Six climbers scaling a volcano in Guatemala died on the weekend when they got caught in a sudden cold spell at altitude, rescue officials said Monday.
The six, all of them Guatemalans, were in two groups climbing Acatenango volcano west of the capital on Saturday. The volcano rises 3,975 meters (13,045 feet) above sea level.
Their bodies were recovered on Sunday and Monday, a fire servic ... more Memory of lost Cyprus home haunts three generations Debt traps threaten Nepal quake victims Rebuild hearts as well as homes, pope tells quake victims |
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