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Halliburton: Oil prices not yet bringing global rebound![]() Washington DC (UPI) Jan 23, 2017 Though North America is responding quickly to higher oil prices, it's a global market and the rest of the world is still catching up, Halliburton's CEO said. U.S. shale oil operations have proven more resilient to lower crude oil prices than initially expected, with early 2017 production estimates from the federal government reversing course to show expected gains for the year. While lower crude oil prices last year meant lower spending on exploration and production, the side of the energy sect ... read more |
Russia in full-court press over European gas pipelineEuropean regulators may be standing in the way of their own regional energy security with their stance against a gas pipeline, Russia's Gazprom said. ... more
Former Sinopec president gets 15 years for graftChina sentenced a former president of state-run energy giant Sinopec to 15 and a half years for corruption Tuesday, official media said, the latest punishment meted out to a prominent figure in the graft-riddled oil sector. ... more
High oil prices actually help push gas prices lowerHigher oil prices have led to a reversal of sorts, with improved economics for U.S. shale producers bringing retail gas prices lower, a market review found. ... more
Oil prices retrace steps as market fluidity continuesCrude oil prices recovered some lost ground in early trading Tuesday as investors weighed OPEC cuts against U.S. oil market dynamics. ... more |
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BP brings partner to maturing North SeaNorth Sea producer EnQuest said it was playing to its strength of getting more out of mature basins by grabbing a stake in an oil field from BP. ... more
NATO seeks closer ties with Gulf, opens new centreNATO chief Jens Stoltenberg on Tuesday called for boosting security cooperation with the Gulf states as the Western military alliance opened its first office in the region. ... more
Genel Energy looking for strong year in Kurdish IraqOperations in the Kurdish north of Iraq can proceed in earnest on the back of consistent payments from the regional government, Genel Energy said. ... more
Trump approves controversial Keystone, Dakota pipelinesUS President Donald Trump will approve two controversial oil pipelines by executive order Tuesday, US media reported. ... more
Key facts about Keystone XL and Dakota pipelinesUS President Donald Trump issued an executive order on Tuesday to revive two controversial pipeline projects, reversing the policy of his predecessor Barack Obama. ... more |
![]() Oil state of Texas still facing some economic pressures
UN Security Council renews call for more troops in South SudanThe UN Security Council stepped up calls Monday for regional troops in South Sudan, to help a UN contingent already there stem ongoing violence and stave off a brewing humanitarian crisis. ... more
New drilling under way in Senegalese hot spotAustralian oil and gas explorer FAR Ltd., which has a strong African footprint, said new drilling started in a survey of a bright spot off the coast of Senegal. ... more |

Researchers at the Department of Energy's Oak Ridge National Laboratory (ORNL) have released the largest-ever single nucleotide polymorphism (SNP) dataset of genetic variations in poplar trees, information useful to plant scientists as well as researchers in the fields of biofuels, materials science, and secondary plant metabolism.
For nearly 10 years, researchers with DOE's BioEnergy Scie ... more Handheld Sensor Unit Determines Biofuel Content Of Diesel Blends Dual-purpose biofuel crops could extend production, increase profits Iowa State engineer helps journal highlight how pyrolysis can advance the bioeconomy |
An interdisciplinary team of researchers has laid the foundations for an entirely new type of photovoltaic cell. In this new method, infrared radiation is converted into electrical energy using a different mechanism from that found in conventional solar cells. The mechanism behind the new solid-state solar cell made of the mineral perovskite relies on so-called polaron excitations, which combine ... more Asia Pacific to gain edge in low-carbon growth A big nano boost for solar cells Xinhua: U.S. wasting opportunity in clean energy |
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Gains in the renewable energy sector and deals in exploration and production helped boost fourth quarter profits substantially, General Electric said Friday.
GE said its earnings during the fourth quarter increased to about $3.5 billion, against the $2.6 billion reported during the same period last year. By sector, the company's renewable energy sector saw total revenues increase 29 per ... more Essen, Germany wins greenest city honors Obama puts offshore North Carolina on wind energy map DNV GL certifies new prototype of Siemens' 8 MW Offshore Wind Turbine |
Researchers at Rice University and Kazan Federal University in Russia have found a way to extract radioactivity from water and said their discovery could help purify the hundreds of millions of gallons of contaminated water stored after the Fukushima nuclear plant accident.
They reported that their oxidatively modified carbon (OMC) material is inexpensive and highly efficient at absorbing ... more Georges Besse II plant reaches full enrichment capacity France takes key step towards closing ageing nuclear plant AREVA to supply refueling equipment upgrades to TVA reactors |
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Rainfall patterns in the Sahara during the 6,000-year "Green Sahara" period have been pinpointed by analyzing marine sediments, according to new research.
What is now the Sahara Desert was the home to hunter-gatherers who made their living off the animals and plants that lived in the region's savannahs and wooded grasslands 5,000 to 11,000 years ago.
"It was 10 times as wet as today, ... more Al Gore beats the climate drum as Trump takes office Climate science bedeviled by 'tipping points' UK experts warn of Trump climate science clampdown |
Evangelists for driverless cars see a bright future coming down the road: thousands of lives saved, countless driving hours freed up, cityscapes transformed with traffic jams vanquished.
But the new technology also threatens millions of jobs and raises a slew of ethical dilemmas - prospects that were on the minds of business chiefs and politicians meeting at the World Economic Forum this we ... more Paris experiments with driverless buses VW ex-boss denies prior knowledge of pollution cheating New Zealand stimulates electric vehicle market |
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Three quarters of a million civilians living in west Mosul are at "extreme risk", the United Nations warned Tuesday as Iraqi forces prepared for a push into the jihadist bastion.
A hundred days into a massive offensive to retake the Islamic State group's last major stronghold in Iraq, federal forces and jihadists took up positions on either side of the Tigris River that divides Mosul.
Th ... more IS expel residents to defend river bank in Mosul Baghdad car bomb kills three: police In Mosul battle, Iraq forces face fewer IS-planted bombs |
Britain hit back on Monday against reports of a failed test of its nuclear weapons deterrent last year when an unarmed missile reportedly misfired, possibly in the direction of the United States.
"Contrary to reports in the weekend press, HMS Vengeance and her crew were successfully tested," Defence Minister Michael Fallon told lawmakers, responding to the Sunday Times article.
"We do no ... more Trump to take charge of nuclear 'football' N. Korea preparing to launch new missiles: report Israel nuclear whistle-blower convicted over release terms |
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US president Donald Trump will strut through the Year of the Rooster, thriving as Hong Kong geomancers predict 2017 will be marked by the arguments and aggression that are characteristic of the animal.
With Trump at the top of the pecking order, the volatile traits of the rooster - combined with the year's signature element of fire - mean rocky times ahead, particularly in the western wor ... more 2016 baby bump after China relaxes one-child rule Hong Kong's 'Mr Pringles' announces leadership bid Hong Kong leader slams independence movement in final speech |
West African nations have a long history of sending their military forces to intervene in neighbouring countries, under the umbrella of a regional cooperation bloc.
Created in 1975, the Economic Community of West African States (ECOWAS) focuses mainly on resolving regional conflicts.
In the case of The Gambia, where ECOWAS has temporarily suspended a military operation, the bloc has thr ... more 14 members of pro-govt militia killed in Mali attack New Gambia president demands army loyalty Gambia army chief says troops will not fight intervention |
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Northrop Grumman and Lufthansa Technik have signed a pact to cooperate on the Royal Australian Air Force's KC-30A tanker Through-Life Support program.
Under the program, both defense contractors will provide the Australian armed forces with a larger access to a global inventory network, landing gear services, and aim to reduce repair times. Northrop Grumman officials say the deal provid ... more State Dept. approves $525 million aerostat sale to Saudi Arabia Safran to buy Zodiac Aerospace for $9 billion BAE Systems providing digital head-up display for F-22 |
Australia said Tuesday it was working to recast the Trans-Pacific Partnership without the United States and opened the door for China to sign up after President Donald Trump ditched the huge trade pact.
The deal included a dozen Asia-Pacific nations which together account for 40 percent of the global economy, but Trump declared Monday he had "terminated" it in line with election pledges to s ... more Chinese growth slows in 2016 with outlook uncertain Trump trade moves chilling, could hurt US business: trade experts China-backed trade pact gains as Trump threatens to ditch TPP |
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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 ... more China 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 |
Retired Marine general James Mattis was sworn in Friday as US defense secretary, praising intelligence agencies and calling for stronger ties with allies in a break from positions taken by President Donald Trump.
Mattis was confirmed by a 98-1 vote earlier Friday in the first action taken by US senators after Trump took the oath of office, and was sworn in by Vice President Mike Pence.
" ... more China says it will not back down on South China Sea Pentagon chief vows 'unshakeable commitment' to NATO Cock of the walk: Trump to thrive in Year of the Rooster |
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Researchers from North Carolina State University and the Liverpool School of Tropical Medicine have found that while advanced wood-burning cookstoves can provide benefits to the environment and climate, these benefits are less than expected due to higher emissions measured in the field compared to laboratory settings. The study, conducted in rural Malawi, found that pollutant emissions from thes ... more Cookware made with scrap metal contaminates food Indonesian province declares alert as haze fears grow Europe chokes under freezing smog |
Rescuers in Peru were working Friday to save seven miners trapped for nearly four days by a landslide, the emergency services said.
An avalanche of mud and rocks driven by heavy rain trapped the men on Monday in the mine where they were working in the southern Acari district.
"Rescue work is continuing," Jacqueline Choque, head of emergency operations for the surrounding Arequipa region, ... more Nigeria botched air strike may have killed up to 236 people Archaeologists shed new light on collapse of Mayan civilization Italy avalanche toll at 15 as helicopter crash adds to pain |
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