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New offshore contract for struggling Subsea 7![]() London (UPI) Feb 28, 2017 Subsea 7, a company offering service support for oil and gas field development, said it landed a contract of at least $50 million for offshore Australia. The company, which has its headquarters in the United Kindgom, announced a contract from Cooper Energy Ltd. that was valued at between $50 million and $150 million to help develop the Sole gas field off the coast of Victoria. Andy Woolgar, a managing director for the region for Subsea 7, said the contract shows his company's competence ... read more |
Gas prices steady before seasonal spikeWashington (UPI) Feb 28, 2017 U.S. retail gasoline prices are following oil markets by staying more or less even, but that will change mid-March with a new blend of gas, analysis finds. ... more
Conditions right for U.S. oil exportsHouston (UPI) Feb 28, 2017 A global market looking to balance OPEC output declines and an expected increase in U.S. pipeline capacity could make oil exports attractive, analysis finds. ... more
U.S. oil stocks, fourth quarter GDP weigh on oil pricesNew York (UPI) Feb 28, 2017 Expectations of a build in U.S. crude oil inventories on the back of rising output pushed crude oil prices lower in early Tuesday trading. ... more
Rig company Seadrill teeters on the brinkOslo, Norway (UPI) Feb 28, 2017 Rig company Seadrill Ltd., based in Norway, said it was looking at restructuring options after noting it didn't expect improvements in lease rates this year. ... more |
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
WSU research advances energy savings for oil, gas industriesPullman WA (SPX) Feb 28, 2017 A Washington State University research team has improved an important catalytic reaction commonly used in the oil and gas industries. The innovation could lead to dramatic energy savings and reduced ... more
Total sells off assets in Gabon for $350 millionParis (UPI) Feb 27, 2017 French energy major Total said Monday it was unloading some of its mature assets in emerging West Africa to take advantage of market conditions. ... more
Russia sees U.S. oil production as a lid on oil pricesLondon (UPI) Feb 27, 2017 Gains in oil production from the United States should establish a ceiling over crude oil prices on the global market, the head of Russia's Lukoil said Monday. ... more
OPEC chatter again sparks a rallyNew York (UPI) Feb 27, 2017 Investors on Monday focused more on OPEC possibilities than real-time trends elsewhere to send crude oil prices sharply higher in early trading. ... more
Wages improve in Norway's energy sectorOslo, Norway (UPI) Feb 27, 2017 Preliminary data for the fourth quarter show wages in the oil, gas and mining sectors of the Norwegian economy increased, the government reported. ... more
Iran, Russia review new oil arrangementMoscow (UPI) Feb 27, 2017 Amendments to a 2014 proposal to swap oil for goods calls for the purchase of 100,000 barrels of oil per day from Iran, Russia's government said Monday. ... more |
![]() Exxon extends life of Norwegian gas field
Oil giant taps China's vast geothermal reservesBaoding, China (AFP) Feb 26, 2017 Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes. ... more
OPEC: We're at 86 percent compliance to cutsVienna (UPI) Feb 24, 2017 Parties to an agreement to limit crude oil production starting in January were 86 percent in line with commitments, a joint OPEC, non-OPEC group said. ... more
New oil, gas discovery confirmed in Barents SeaStavanger, Norway (UPI) Feb 24, 2017 A Norwegian energy regulator confirmed a new oil and natural gas discovery was made in the Barents Sea by a subsidiary of Lundin Petroleum. ... more
Saudi FM in first visit to Iraq since 2003Baghdad (AFP) Feb 25, 2017 Saudi Foreign Minister Adel al-Jubeir held talks in Baghdad with Iraq's leadership Saturday, the first such visit by a chief diplomat from the kingdom since 2003. ... more |

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Durham, N.C. (UPI) Feb 23, 2017 Scientists at Duke University have developed a new method for catalyzing the conversion of carbon dioxide into methane, a component of many alternative fuels. The reaction is bolstered by the presence of rhodium nanoparticles and ultraviolet light.
Rhodium is known to accelerate, or catalyze, a variety of reactions used for industrial processes, but the energy boost offered by the rare ... more Durham NC (SPX) Feb 28, 2017Light-driven reaction converts carbon dioxide into fuel Tokyo, Japan (SPX) Mar 01, 2017Biofuel produced by microalgae Edmonton, Alberta (UPI) Feb 10, 2017Alberta backing bioenergy programs |
Toronto, Canada (SPX) Mar 01, 2017
SOVENTIX Canada Inc. has commenced the development of several solar projects with a capacity of up to 140 megawatts (MWp) in Alberta, Canada. The six projects with a potential nameplate capacity from 15 to 45 MWp are located near Calgary and Edmonton. Building on Soventix Canada's success in the Ontario, the current projects will further drive the expansion of SOVENTIX in the Canadian solar mark ... more Bangkok, Thailand (SPX) Feb 24, 2017Prime Road and First Solar complete 18MW of Thai solar farms Edmonton, Alberta (UPI) Feb 28, 2017Alberta puts more weight behind solar power London, UK (SPX) Feb 28, 2017Lightsource Renewable Energy acquires residential portfolio |
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Washington DC (SPX) Mar 01, 2017
The sight of propeller-like rotating blades positioned high up the pole of a tall horizontal-axis wind turbine (HAWT) may be familiar to many. Often grouped in wind farms, HAWTs provide significant amounts of energy for local communities. One drawback to HAWTs is the large space they take up, needing to be placed far apart from each other. If placed too close together, the turbulence and wind ve ... more Newark DE (SPX) Feb 22, 2017US grid can handle more offshore wind power Lansing, Mich. (UPI) Feb 16, 2017Michigan meets renewable energy targets Stavanger, Norway (UPI) Feb 9, 2017British grid drawing power from new offshore wind farm |
Tehran (AFP) Feb 25, 2017
Iran's nuclear chief said Saturday that the country had requested to buy 950 tonnes of uranium concentrate from Kazakhstan over the next three years to help develop its civil reactor programme.
The request has been made to the body that oversees the nuclear deal signed between Iran and world powers in 2015.
Ali Akbar Salehi, head of Iran's Atomic Energy Organisation, told the ISNA news ... more Pullman WA (SPX) Feb 28, 2017Researchers find new clues for nuclear waste cleanup Manchester UK (SPX) Feb 28, 2017Next generation of nuclear robots will go where none have gone before Frankfurt Am Main (AFP) Feb 22, 2017German energy giant RWE posts 5.7-bln-euro loss in 2016 |
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Washington DC (SPX) Feb 28, 2017
Even Punxsutawaney Phil can't be blamed for being baffled this year and hightailing it back to his burrow. He predicted six more weeks of winter on Feb 2, but by then spring was already springing well ahead of historical norms in much of the USA.
While we've known for a over a decade now that climate change is variably advancing the onset of spring across the United States, a new set of ma ... more Mogadishu (AFP) Feb 28, 2017Somali president declares 'national disaster' over drought Exeter, UK (SPX) Feb 22, 2017Warming ponds could accelerate climate change Quixeramobim, Brazil (AFP) Feb 21, 2017Brazil's poorest region suffers worst drought in a century |
Redmond WA (SPX) Feb 24, 2017
Kymeta, has announced that its 20 cm mTenna satellite antenna subsystem module (ASM) for the consumer connected car industry, successfully connected to the Intelsat satellite constellation. This successful test continues Kymeta's progress toward bringing high throughput, secure mobile connectivity to the automotive industry and follows the partnership announced with Toyota Motor Corporation at t ... more San Francisco (AFP) Feb 23, 2017Tesla slips back into red but revenue grows Hanover NH (SPX) Feb 17, 2017Roads are driving rapid evolutionary change in our environment Atlanta GA (SPX) Feb 17, 2017Four-stroke engine cycle produces hydrogen from methane and captures CO2 |
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Talul Al-Atshana, Iraq (AFP) Feb 28, 2017 Much of the fighting for west Mosul will be at close quarters, but Iraq's battle against the Islamic State group is also being waged in the open desert.
On a dusty ridge west of Iraq's second city, the army's 9th Division is advancing through exposed territory in a push to sever the road between west Mosul and the IS-held town of Tal Afar.
The main route from Tal Afar to IS-held territor ... more South Of Mosul, Iraq (AFP) Feb 28, 2017Iraqi civilians flee fighting, privation in west Mosul South Of Mosul, Iraq (AFP) Feb 27, 2017Iraq forces reach key Mosul bridge Mosul, Iraq (AFP) Feb 26, 2017Iraq forces in west Mosul aim for key bridge |
Sunnyvale, CA. (UPI) Feb 24, 2017
Lockheed Martin plans to relocate its Fleet Ballistic Missile program in a move the company says will cut costs for its customers.
The move will take place over the course of eight years. Approximately 650 positions from Lockheed Martin's Space Systems facility in Sunnyvale, Calif., will relocate to other company facilities in Florida and Colorado.
"We value the deep expertise of ... more Washington (UPI) Feb 27, 2017U.S. Navy places Trident II guidance system production order Seoul (AFP) Feb 24, 2017N. Korea has large chemical weapons stockpile: Seoul Vienna (AFP) Feb 24, 2017Iran complying with nuclear deal, says UN watchdog |
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Hong Kong (AFP) Feb 27, 2017 Pro-democracy protesters Monday gatecrashed a press conference by Hong Kong leadership hopeful Carrie Lam, displaying banners criticising a "rigged election" as the woman seen as China's favourite unveiled her policy.
Around a dozen activists including Joshua Wong, the face of 2014's mass pro-democracy protests, entered the venue minutes before the start and demanded to be allowed to communi ... more Hong Kong (AFP) Feb 28, 2017China's favourite wins strong backing in Hong Kong leadership race Beijing (AFP) Feb 23, 2017China muzzles feminist group over anti-Trump posts Shanghai (AFP) Feb 22, 2017China selfie-app leader seeks to 'beautify the world' |
Niamey (AFP) Feb 26, 2017 France is to send a contingent of counterterror forces to help the army in Niger after militants ambushed a military patrol killing 16, the defence ministry said.
The decision, announced late Saturday, was taken following a request from President Mahamadou Issoufou after Wednesday's attack near the border with Mali.
The deadly ambush, which took place in an area some 200 kilometres (120 ... more Bangui, CAR (AFP) Feb 26, 2017UN airstrikes in C.Africa target 'heavily armed' militia Goma, Dr Congo (AFP) Feb 23, 201716 killed in three days of DR Congo clashes Abidjan (AFP) Feb 22, 2017I.Coast hosting bid to save its last chimpanzees |
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Greenbelt MD (SPX) Feb 27, 2017
For 12 days in January 2016, a football-field-sized balloon with a telescope hanging beneath it floated 24 miles above the Antarctic continent, riding the spiraling polar vortex. On Jan. 31, 2016, scientists sent the pre-planned command to cut the balloon - and the telescope parachuted to the ground in the Queen Maud region of Antarctica.
The telescope sat on the ice for an entire year. ... more Moscow (Sputnik) Feb 28, 2017Russia's future stealth bomber would replace Tu-22, Tu-95 and Tu-160 planes London (UPI) Feb 28, 2017Charles Woodburn to take over as BAE Systems CEO Madrid (AFP) Feb 24, 2017Madrid invites Airbus CEO to debrief on military plane woes |
Paris (AFP) Feb 27, 2017
Global art sales plunged in 2016 as the number of high-value works sold dropped by half, while China regained its status as the world's top market, Artprice said in an annual report released Monday.
Art auctions worldwide totalled $12.5 billion (11.8 billion euros) last year, down 22 percent from $16.1 billion in 2015, it said.
The world's biggest database for art prices and sales, worki ... more Frankfurt Am Main (AFP) Feb 24, 2017China overtakes US as Germany's top trade partner Beijing (AFP) Feb 24, 2017China selects new chiefs for top economic posts Milan (AFP) Feb 26, 2017Xu Zhi star of Chinese fashion boom with Armani nod |
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Beijing (AFP) Oct 19, 2016
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 New York (AFP) Oct 14, 2016China data and US banks propel equities higher Beijing (AFP) Oct 11, 2016No debt-for-equity cure for zombie firms, says China Beijing (AFP) Oct 13, 2016China's ranks of super-rich rise despite economic slowdown |
Washington (AFP) Feb 28, 2017 China's top diplomat wrapped up his first set of meetings in President Donald Trump's Washington on Tuesday satisfied that no breakdown in ties is imminent.
The newly elected US president initially caused consternation in Beijing by flirting with Taiwan, calling into question US support for the One China policy and threatening a trade war.
But he has since walked back his comments on One ... more Istanbul (AFP) Feb 28, 2017Erdogan says paper to pay 'price' over controversial report Moscow (AFP) Feb 28, 2017Russia and UK hold high-level military talks in Moscow Moscow (Sputnik) Feb 28, 2017Russia wants to form new Collective Security Bloc that replaces NATO |
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Stockholm (UPI) Feb 24, 2017
Your cat is a repository for chemicals in your home. As scientists suspected, tests show harmful chemicals can accumulate in the blood of healthy cats.
Researchers measured significantly elevated levels of brominated flame retardants, BFRs, in feline blood samples. BFRs are a class of chemical compounds used to make electronics, clothes and furniture less combustible. Studies have shown ... more Manila (AFP) Feb 23, 2017Ex-yoga missionary unleashes rage on Philippine miners Hanoi (AFP) Feb 22, 2017Vietnam to punish officials over mass fish deaths Geneva (AFP) Feb 21, 2017Tiny plastic particles from clothing, tyres clogging oceans: report |
Les Cayes, Haiti (AFP) Feb 27, 2017 Starjuin Regent is still waiting for Haitian government aid to help him rebuild his fishing business, which was destroyed last year by Hurricane Matthew.
In the nearly five months since the massive category five storm hit, residents are still struggling to rebuild shattered homes and businesses.
All the more reason then, for the ire of Regent and many others here over millions of dollars ... more Rio De Janeiro (AFP) Feb 24, 2017Carnival helps Rio put crime, recession on back burner Chicago (UPI) Feb 24, 2017Study shows parks, greenways may help reduce crime in Chicago Ottawa (AFP) Feb 25, 2017Canada conservationist warns of 'cyber poaching |
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