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OPEC not entirely in compliance with production deal![]() Vienna (UPI) Mar 06, 2017 While compliance with an OPEC-led agreement to curb production is strong, the way the deal was configured reveals output above a threshold, a survey found. A survey from S&P Global Platts found members of the Organization of Petroleum Exporting Countries produced 32.1 million barrels of oil per day in both January and February. That's 400,000 barrels below a threshold level set in a November deal designed to offset supply-side strains that were keeping crude oil prices low. Of all the me ... read more |
Oil prices face pressure over slowing ChinaBeijing (UPI) Mar 06, 2017 Crude oil prices drifted lower early Monday after China lowered its economic growth estimate and U.S. exploration and production activity gained further ground. ... more
Russia defers questions on Crimean oil and gasMoscow (UPI) Mar 06, 2017 With Ukraine taking claims of Russian aggression to the international courts, the Kremlin sidestepped questions about possible oil development offshore Crimea. ... more
Lundin appraising more prospects in North SeaOslo (UPI) Mar 06, 2017 After revising the reserve estimate for a producing field in the North Sea, a division of Lundin Petroleum said it was appraising the latest discovery. ... more
Austrian energy OMV establishes Russian footprintVienna (UPI) Mar 06, 2017 Austrian energy company OMV said it established a new core area in Russia through the acquisition of a minority stake in natural gas assets in Western Siberia. ... more |
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
Oil and gas industry notches win with EPA emissions rulingWashington (UPI) Mar 3, 2017 An oil and trade group said steps by the Trump administration to ease regulatory burdens on emissions would help ensure American leadership on the energy stage. ... more
Norway extends permits for Norwegian and North Sea drillingStavanger, Norway (UPI) Mar 3, 2017 Norway's government pushed forward on expanding oil and gas exploration on the continental shelf Friday with new permits for the North and Norwegian Seas. ... more
Russia expects oil and gas revenue to bounce back in MarchMoscow (UPI) Mar 3, 2017 After a budget shortfall in February, Russia's finance minister said it expected to receive more than $1 billion in oil and natural gas revenue this month. ... more
Crude oil prices stage meager rally ahead of Fed speechNew York (UPI) Mar 3, 2017 Oil prices were relatively flat early Friday as investors watched U.S. crude oil inventories ahead of a data release on exploration and production activity. ... more
British oil and gas projects late and over budget, report saysLondon (UPI) Mar 3, 2017 Despite capital investments coming in at an all-time high, a British survey of oil and gas activity found few projects were delivered on time and under budget. ... more
Libya rivals battle for key oil regionBenghazi, Libya (AFP) March 3, 2017 Islamist militias on Friday attacked Libya's main oil-production area in the east, prompting the forces of strongman Khalifa Haftar who control it to retaliate with air strikes, military sources said. ... more |
![]() France to encourage banks to work with Iran
Iraqi Kurd forces halt pumping through key oil pipelineKirkuk, Iraq (AFP) March 2, 2017 Iraqi Kurdish forces deployed at a state-run oil company Thursday, temporarily halting pumping through a pipeline that is one of the country's two main avenues for crude exports, officials said. ... more
Report: Paramilitary force occupies northern Iraqi oil officeKirkuk, Iraq (UPI) Mar 2, 2017 Iraqi media reported a Kurdish paramilitary force occupied the offices of a state oil company in Kirkuk in a show of force over the nation's oil reserves. ... more
U.S. crude oil inventory data drags prices lowerNew York (UPI) Mar 2, 2017 Steady gains in U.S. crude oil inventories, coupled with an increase in exports from a key OPEC member, sent oil prices into deep red territory early Thursday. ... more
Russia's Lukoil reports oil production declines for 2016Moscow (UPI) Mar 2, 2017 Russian oil producer Lukoil said its oil production for 2016 was 8.6 percent lower than in 2015, but higher for the fourth quarter by about 2.5 percent. ... more |

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Pasadena CA (SPX) Mar 07, 2017
Researchers at Caltech and Lawrence Berkeley National Laboratory (Berkeley Lab) have - in just two years - nearly doubled the number of materials known to have potential for use in solar fuels. They did so by developing a process that promises to speed the discovery of commercially viable solar fuels that could replace coal, oil, and other fossil fuels.
Solar fuels, a dream of clean-energy ... more Pullman WA (SPX) Mar 07, 2017Novel 3-D manufacturing leads to highly complex, bio-like materials Durham NC (SPX) Feb 28, 2017Light-driven reaction converts carbon dioxide into fuel Ithaca NY (SPX) Feb 28, 2017New polymer additive could revolutionize plastics recycling |
Seattle WA (SPX) Mar 07, 2017
In an unprecedented move, King County Metro (Metro) granted Urban Solar a decade-long contract to provide solar LED lighting solutions for its transit shelters and stops.
The relationship began in 2011 when Metro signed Urban Solar on for a five-year contract for its PV-Shelter solar systems. Urban Solar was able to transform Metro's flat shelter roof solar lighting systems and implement a ... more Tokyo, Japan (SPX) Mar 07, 2017DuPont Photovoltaic Solutions Introduces New Solamet Toronto, Canada (SPX) Mar 01, 2017SOVENTIX developing solar parks of up to 140 megawatts in Alberta, Canada meeco installed biggest solar energy plant in Zimbabwe |
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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 Essen, Germany (UPI) Mar 3, 2017German company to store US wind energy in batteries in Texas Newark DE (SPX) Feb 22, 2017US grid can handle more offshore wind power Lansing, Mich. (UPI) Feb 16, 2017Michigan meets renewable energy targets |
Brussels (AFP) March 6, 2017
EU authorities on Monday approved a controversial nuclear expansion project in Hungary that is heavily backed by Russia.
The approval removes the last roadblock to the 12.5 billion euro ($13.2 billion) expansion of Hungary's only nuclear facility, which Russia is financing by 80 percent even as tensions between Europe and the Kremlin run high.
The European Commission "has approved this s ... 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 Paris (AFP) March 1, 2017Areva narrows losses in 2016 |
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Voi, Kenya (AFP) March 5, 2017
In a wildlife sanctuary in southern Kenya the relentless sun has bleached savannah grasses and dried up rivers, turning water holes first into muddy pits and now, dust bowls.
Herds of elephant, buffalo and zebra have gathered near one of the holes, where for six months, pea farmer Patrick Mwalua has been delivering water to them in a rented blue truck.
After the rains failed for the thir ... more Washington (AFP) March 3, 2017Trump team divided over Paris climate agreement Washington DC (SPX) Feb 28, 2017Just how early is spring arriving in your neighborhood Mogadishu (AFP) Feb 28, 2017Somali president declares 'national disaster' over drought |
Oslo (AFP) March 6, 2017 Norway, which already boasts the world's highest number of electric cars per capita, said Monday that electric or hybrid cars represented half of new registrations in the country so far this year.
"This is a milestone on Norway's road to an electric car fleet," Climate and Environment Minister Vidar Helgesen said.
"The transport sector is the biggest challenge for climate policy in the ... more Beijing (AFP) March 6, 2017Volkswagen to recall over 680,000 Audis in China San Francisco (AFP) March 4, 2017Secret Uber software steers drivers from stings Washington (AFP) March 2, 2017Protectionism would be 'disaster' for autos: Renault-Nissan's Ghosn |
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Mosul, Iraq (AFP) March 7, 2017 Iraqi forces advanced in west Mosul and fighters in neighbouring Syria seized a key supply route to Raqa Monday, as twin US-backed offensives gained ground against the Islamic State group.
Supported by the US-led anti-IS coalition, Iraqi forces and a Kurdish-Arab alliance in Syria are battling to push the jihadists from Mosul and Raqa, the last two major urban centres under their control. ... more Mosul, Iraq (AFP) March 7, 2017Iraqi forces retake government HQ, museum in Mosul Taji Base, Iraq (AFP) March 6, 2017US troops train Iraqi forces in key bridging skills Mosul, Iraq (AFP) March 6, 2017Life in a basement on Mosul's front line |
Washington (AFP) March 6, 2017 The Pentagon on Monday blasted the "unprofessional" behavior of the Iranian navy after two separate incidents in the Strait of Hormuz last week.
According to the Pentagon, an Iranian frigate on Thursday came within 150 yards (meters) of the civilian-crewed USNS Invincible.
Then on Saturday, a number of small assault craft came within 350 yards of the Invincible and other ships.
"Th ... more Vienna (AFP) March 6, 2017US hasn't decided yet on Iran nuclear deal: IAEA Washington (AFP) March 7, 2017Trump, Abe say North Korea threat 'entered a new stage' Seoul (AFP) March 7, 2017North Korea says missiles were drill for strike on US bases |
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Shanghai (AFP) March 3, 2017
Shanghai has impounded thousands of brightly coloured bikes placed on city streets by cycle-sharing companies, in the latest sign of impatience with an explosion of the haphazardly-parked two-wheelers.
The bike-sharing sector has become one of the fastest-growing industries in the country, with users typically renting the bicycles for short periods by first unlocking them through the use of ... more Beijing (AFP) March 1, 2017Beijing's shanties: Towns of hope and despair Hong Kong (AFP) March 1, 2017Hong Kong rebel lawmakers fight parliament ban Hong Kong (AFP) Feb 27, 2017Activists gatecrash meeting of Hong Kong leadership hopeful |
Maputo (AFP) March 3, 2017
Mozambican opposition leader Afonso Dhlakama on Friday extended a truce between his rebel Renamo group and the government and said peace talks would resume next week.
The move prolongs a truce that Renamo fighters announced unilaterally the day before Christmas last year. It has been observed with only minor breaches, according to Dhlakama.
"We will extend the truce by 60 days to allow u ... more Bamako (AFP) March 5, 201711 Malian soldiers killed in attack on border base Dakar (AFP) March 4, 2017Senegal and Gambia announce new era of ties Goma, Dr Congo (AFP) March 1, 201722 dead in DR Congo army clashes with M23 rebels |
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Riyadh (UPI) Mar 06, 2017
Boeing received a $46 million contract modification from the U.S. Air Force to perform interim contractor support for Saudi Arabia's recently purchased F-15s.
Interim contractor support refers to an agreement wherein a service will defer an investment due to a lack of technological capabilities, such as equipment spares or technical data. Boeing is expected to complete this service for ... more Bonn (UPI) Mar 06, 2017Rheinmetall making ammunition for U.S. Air Force F-35s Arlington, Va. (UPI) Feb 22, 2017Boeing to provide C-17 training for UAE Washington (UPI) Mar 3, 2017KAI picks Triumph Group for KF-X airframe component |
Washington (AFP) March 6, 2017
The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could cause the loss of American freedom and prosperity.
Outlining an unapologetically aggressive trade policy, Peter Navarro, director of the White House National Trade Council, accused economists and the media of ignoring the risk posed by trade deficits and embracing an "antiq ... more Geneva (AFP) March 2, 2017WTO faces first attack from US under Trump Beijing (AFP) March 5, 2017China trims GDP target, citing severe challenges Beijing (AFP) March 3, 2017Financial risks hang over China legislature meeting |
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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 |
Brussels (AFP) March 6, 2017
The EU Parliament's biggest party Monday stripped Poland's last-minute candidate to replace Donald Tusk of a senior post, saying it regretted his "disloyalty" for standing against the European Council head.
The centre-right European People's Party (EPP) said it had sacked Jacek Saryusz-Wolski as vice-president after Warsaw nominated him to succeed Tusk at an EU summit later this week.
Po ... more Beijing (AFP) March 6, 2017China defense budget rises at slowest pace in decades Ottawa (AFP) March 6, 2017Canada extends Ukraine troop training mission to 2019 Brussels (AFP) March 6, 2017EU approves new military HQ |
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Dhaka (AFP) March 6, 2017
A Bangladeshi court on Monday ordered the government to shut down more than 100 tanneries in Dhaka after they were accused of dumping huge amounts of toxic waste into the city's main river.
The High Court ruling followed a petition by Bangladeshi environmentalists, who have accused the government of failing to enforce earlier orders to clean up the tanneries.
"The court told the administ ... more Geneva (AFP) March 6, 2017Environmental risks kill 1.7mn kids under 5 a year: WHO Karachi (AFP) March 5, 2017Pakistan's financial capital Karachi turned 'into rubbish bin' East Lansing MI (SPX) Mar 06, 2017A Trump twist - Environment over economy in Michigan |
London (UPI) Mar 2, 2017
Orolia subsidiary McMurdo secured a contract to enhance existing search-and-rescue technology for the U.K. Maritime and Coastguard Agency, the company announced Thursday.
Under the contract, the company will work to enable U.K. search-and-rescue workers to operate using the new Medium-altitude Earth Orbit Search and Rescue satellites, or MEOSAR, currently being deployed.
Work wil ... more United Nations, United States (AFP) March 6, 2017War-scarred Syrian children may be 'lost to trauma': aid group Tripoli (AFP) March 3, 2017115 migrants rescued, 25 missing: Libya navy Mosul, Iraq (AFP) March 5, 2017Thousands flee anti-IS offensives in Iraq and Syria |
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