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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 Climate change to shift global pattern of mild weather Researchers report new understanding of global warming New England's 1816 'Mackerel Year' and climate change today |
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 As dust of war settles, east Mosul buries its dead anew IS expel residents to defend river bank in Mosul Baghdad car bomb kills three: police |
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 Israel nuclear whistle-blower convicted over release terms Days of N. Korea's Kim are numbered: defector China must expand nuclear arsenal in response to Trump |
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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 |
A pro-government militia in Mali said that it had lost 14 fighters in an attack blamed on former rebels Saturday, three days after a suicide car bomber left more than 70 dead.
Some 77 people were killed and 120 wounded in the suicide blast Wednesday which targeted a camp in northern Gao housing former rebels and pro-government militia - who are signatories to a 2015 peace accord struck with ... more The 5 previous West African military interventions New Gambia president demands army loyalty Gambia army chief says troops will not fight intervention |
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The U.S. State Department has approved the possible sale of Persistent Threat Detection System Aerostats to the Kingdom of Saudi Arabia.
The proposed sale under the U.S. Foreign Military Sales program carries an estimated value of $525 million.
The U.S. Defense Security Cooperation Agency, which manages the FMS program, said in its notification to Congress that Saudi Arabia's pro ... more Kazakhstan orders Russian Mi-35M helicopters U.S. Air Force upgrades 45th KC-135 tanker aircraft Nigerian air force, Comp Air Aviation to develop light utility aircraft |
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 US faces stiff China pushback in S. China Sea China says it will not back down on South China Sea New Pentagon chief to visit Japan, South Korea next month |
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Aluminum cookware made from scrap metal in countries around the world poses a serious and previously unrecognized health risk to millions of people according to a new study. The highest levels were found in cookware from Vietnam including one pot that released 2,800 times more lead than California's Maximum Allowable Dose Level (MADL) of 0.5 micrograms per day.
Researchers at Ashland Unive ... more Research targets cookstove pollution using supercomputers and NASA satellites Indonesian province declares alert as haze fears grow Europe chokes under freezing smog |
The death toll from an avalanche that swamped an Italian mountain hotel rose to 15 Tuesday, with 14 still missing, as a nearby helicopter crash left six people dead and dealt another blow to a region reeling from earthquakes and the heaviest snowfall in decades.
The emergency response helicopter came down in thick fog near Campo Felice, a popular ski resort 120 kilometres (75 miles) east of ... more BHP, Vale agree date to settle Brazil mine disaster claim Archaeologists shed new light on collapse of Mayan civilization Lice, lung troubles plague migrants in freezing Serbia |
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