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Senegal oil efforts financed, FAR Ltd. says![]() Washington (UPI) Apr 7, 2017 A cash infusion from the placement of shares in West African oil and gas explorer FAR Ltd. is testimony to the region's potential, its managing director said. The company said Friday it was over-subscribed for a placement of 1 billion shares, generating around $60 billion in capital it will use to fund drilling, evaluation and pre-development programs off the coast of Senegal, and potentially the acquisition of further assets off the Gambian coast. "It is testimony to the value that is y ... read more |
North American rig count increased in MarchWashington (UPI) Apr 7, 2017 Exploration and production activity in North America outpaced the rest of the world in terms of general gains, oilfield services company Baker Hughes reported. ... more
Conflict-surge in oil prices fades on rig, labor figuresWashington (UPI) Apr 7, 2017 An overnight surge in crude oil prices moderated in the hour before the start of U.S. trading Friday with rig counts and labor figures putting a lid on the rally. ... more
Norway issues new drilling permits for North and Barents SeasWashington (UPI) Apr 7, 2017 The government of Norway, one of the largest oil and gas exporters to Europe, said Friday it signed off on new drilling permits in its territorial waters. ... more
New Zealand defends energy sector in wake of Shell exitWashington (UPI) Apr 7, 2017 Shell's planned exit from a natural gas field in New Zealand doesn't indicate negativity in the country's natural reserves, a national petroleum manager said. ... more |
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
Saudi 'fully backs' US strike on Syria baseRiyadh (AFP) April 7, 2017 Saudi Arabia said Friday that it "fully backs" a US air strike on a Syrian government airbase in retaliation for a suspected chemical weapons attack on a rebel-held town. ... more
Kuwait seeks U.S. support for airbase makeoverWashington (UPI) Apr 7, 2017 The U.S. State Department has approved Kuwait for a possible Foreign Military Sale of support for facilities and infrastructure construction. ... more
Norway's Statoil does more with less with new oil projectWashington (UPI) Apr 5, 2017 With plans for new oil development in the Norwegian Sea approved, Statoil said it's doing more with less because of cost-efficient measures from the industry. ... more
Kurdish oil developer says it's primed for growthWashington (UPI) Apr 6, 2017 Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said in a regular update to shareholders it's "primed for future development." ... more
Shell gives up stake in New Zealand natural gas fieldWashington (UPI) Apr 6, 2017 Royal Dutch Shell announced Thursday it was selling off its share in one of New Zealand's larger gas fields to its joint venture partner, Todd Energy. ... more
Potentially explosive methane gas mobile in groundwater, poses safety riskGuelph, Canada (SPX) Apr 06, 2017 Potentially explosive methane gas leaking from energy wells may travel extensively through groundwater and pose a safety risk, according to a new study by University of Guelph researchers. Res ... more |
![]() BP revises pay, posts cut for CEO Dudley
West African explorer FAR Ltd. gets cash injectionWashington (UPI) Apr 6, 2017 West African explorer FAR Ltd. said it raised substantial capital to fund its development programs in the emerging oil basin offshore Senegal. ... more
Russia sees slow economic growth irrespective of oil pricesWashington (UPI) Apr 5, 2017 Even if crude oil prices move above $60 per barrel, the Russian economy likely won't expand much more than 1 percent, the head of the central bank said. ... more
Bulls continue to run for oil pricesWashington (UPI) Apr 6, 2017 Crude oil prices posted steady gains once again as traders moved past data on steady oil storage levels in the United States, but the rally might not last. ... more
Energy sector a bright spot for OklahomaWashington (UPI) Apr 5, 2017 Gains in exploration and production activity in shale-rich Oklahoma are pulling the economy out of a slump, though recovery is slow, the state treasury said. ... more |

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San Francisco CA (SPX) Apr 04, 2017
Billions of pounds of plastic waste are littering the world's oceans. Now, a Ph.D. organic chemist and a sailboat captain report that they are developing a process to reuse certain plastics, transforming them from worthless trash into a valuable diesel fuel with a small mobile reactor. They envision the technology could someday be implemented globally on land and possibly placed on boats to conv ... more Champaign IL (SPX) Apr 06, 2017Scientists engineer sugarcane to produce biodiesel, more sugar for ethanol Washington (UPI) Apr 7, 2017Gripen fighter completes test flights using 100 percent biofuel New Delhi (AFP) March 31, 2017Shell unveils giant new high-tech research lab in India |
Vitoria-Gasteiz, Spain (SPX) Apr 06, 2017
After having developed various algorithms and control systems and having applied them in a whole range of fields, such as robotics, control of motors in electric machines, and in wind generators, the UPV/EHU's Advanced Control Group has proven that one of the methods, a sliding mode controller, offers good results in the control of photovoltaic generators, too.
"It's a kind of innovative, ... more Golden CO (SPX) Apr 06, 2017Report shines light on installed costs and deployment barriers for residential solar PV Pompano Beach FL (SPX) Apr 06, 2017Concept, SolarTech team up next-gen solar panels Ulsan, South Korea (SPX) Apr 04, 2017Next generation perovskite solar cells with new world-record performance |
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Washington (UPI) Apr 4, 2017
The decline in energy sector emissions and emerging grid parity for renewables shows a shift to a low-carbon economy isn't a "pipe dream," a U.N. panel found.
A report from a United Nations' panel aimed at encouraging a broad-based shift toward renewable energy finds that 2016 was the third year in a row that emissions declined at the same time the global economy expanded.
The mu ... more Washington (UPI) Apr 6, 2017Canada sees emerging role for wind energy Washington (UPI) Mar 28, 2017Mega-wind farm offshore Denmark clears hurdle Tokyo (AFP) March 29, 2017Japan scientist eyes energy burst from 'typhoon turbine' |
Tokyo (AFP) April 4, 2017
Japan's troubled conglomerate Toshiba said Tuesday it would buy the 40 percent stake held by French group Engie in their British nuclear joint venture NuGen for about 15.3 billion yen ($138.6 million).
The deal - prompted by the bankruptcy of Toshiba's US subsidiary Westinghouse - was at Engie's request, said the Japanese group, which currently holds the remaining 60 percent of the venture ... more Chiba, Japan (AFP) March 30, 2017Toshiba execs under fire as loss forecast balloons Washington (AFP) March 30, 2017Westinghouse's woes spotlight US nuclear sector's decline Washington (AFP) March 29, 2017Toshiba's US nuclear unit files for bankruptcy protection |
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Los Angeles (AFP) April 7, 2017
California Governor Jerry Brown declared Friday the official end of the state's drought that lasted more than five years.
Despite lifting the drought emergency in all but four counties, the governor kept in place water reporting requirements, as well as bans on practices like watering during or following rainfall and hosing off sidewalks.
"This drought emergency is over, but the next dro ... more Washington (AFP) April 7, 2017US coal company CEO urges Trump to stay in Paris climate deal Bejing, China (SPX) Apr 10, 2017How ENSO and Atlantic ADO impact East Asian winter monsoon Seattle WA (SPX) Mar 31, 2017Finding order in chaos to help buffer against climate change |
Brisbane, Australia (SPX) Apr 06, 2017
Plugging into renewable energy sources outweighs the cost and short driving ranges for consumers intending to buy electric vehicles, according to a new study.
Queensland University of Technology Postdoctoral Research Fellow Dr Kenan Degirmenci, from QUT Business School, said environmental performance - or being green - was more important than price or range confidence for electric vehicle ... more Ottawa (AFP) March 30, 2017Ford boosts research in Canada for connected cars Washington (AFP) April 3, 2017Tesla tops quarterly sales forecast Kennedy Space Center FL (SPX) Mar 30, 2017NASA Kennedy Partners to Help Develop Self-driving Cars |
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Qaraqosh, Iraq (AFP) April 9, 2017
Members of Iraq's Christian minority celebrated Palm Sunday in the country's main Christian town of Qaraqosh for the first time since it was retaken from the Islamic State group.
Hundreds of faithful gathered inside the town's burnt out Immaculate Conception church for mass before starting the traditional Palm Sunday march, a procession during which palms are carried to commemorate Jesus's e ... more Arbil, Iraq (AFP) April 6, 2017Iraqi helicopter downed in fight to retake Mosul Baghdad (AFP) April 5, 2017Iraq urges residents in IS-held areas to shelter at home Baghdad (AFP) April 3, 2017Trump son-in-law Kushner visits Iraq, meets PM |
Washington (AFP) April 9, 2017 As a US strike group led by an aircraft carrier steamed toward the Korean peninsula Sunday, a senior official said President Donald Trump has asked to be provided with a range of options for eliminating the North Korean nuclear threat.
The US naval move will certainly raise tensions in the region and comes hard on the heels of a US cruise missile strike on Syria that was widely interpreted a ... more Washington (AFP) April 9, 2017US navy strike group heads toward Korean peninsula Washington (AFP) April 6, 2017Trump to Abe: US to boost military defense against NKorea United Nations, United States (AFP) April 6, 2017UN Security Council strongly condemns N.Korea missile test |
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Beijing (AFP) April 5, 2017
The likeness of billionaire Warren Buffett is gracing Cherry Coke cans in China, where the company's largest investor enjoys a legendary reputation.
Coca-Cola announced over the weekend that a grinning cartoon portrait of the American business magnate would adorn cans and bottles of his favourite flavour after it was introduced in the country on March 10.
Berkshire Hathaway, Buffett's in ... more Los Angeles (AFP) April 5, 2017US authorities bust visa fraud scheme for wealthy Chinese Hong Kong (AFP) April 2, 2017Warhol Mao portrait fetches $12.7m in Hong Kong auction Hong Kong (AFP) April 3, 2017Hong Kong anti-graft body arrests 72 over vote-rigging |
Maiduguri, Nigeria (AFP) April 7, 2017
Boko Haram jihadists have killed four soldiers in an ambush in northeast Nigeria, where they torched an army base a day after killing seven civilians, a soldier and witnesses said.
"Our men came under attack near Gubdori village yesterday," the soldier told AFP, asking not to be named.
"We lost four men in the ambush. Five were injured and four are still missing."
The Islamists open ... more Bamako (AFP) April 9, 2017Five dead in jihadist attack in Mali Kano, Nigeria (AFP) April 9, 2017Boko Haram kills eight, abducts women in NE Nigeria: sources Mogadishu (AFP) April 9, 2017New Somali army chief escapes deadly car bombing |
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Washington (UPI) Apr 6, 2017
The U.S. Navy has temporarily grounded its T-45C trainer aircraft fleet amid oxygen supply problems that could incapacitate its crew.
The three-day pause in flight operations took effect Wednesday on orders from Naval Air Forces Commander Vice Adm. Mike Shoemaker.
"The pause is in response to concerns raised by T-45C pilots over the potential for physiological episodes," U.S. Nav ... more Washington (UPI) Apr 5, 2017Saab developing Gripen fighter for Brazil Washington (UPI) Apr 5, 2017CH-53K helicopters approved for low-rate production Washington (UPI) Apr 6, 2017Panama's AW139 helicopters hit a flight-hour milestone |
Hong Kong (AFP) April 6, 2017 Developing Asian countries will drive the world economy in the next two years, the Asian Development Bank said Thursday, but it warned of uncertainties from the United States and Europe.
Its flagship Asian Development Outlook said India, Malaysia, Indonesia and Vietnam will be behind an expected 5.7 percent increase in Asia-Pacific gross domestic product, with China's expansion seen moderati ... more Beijing (AFP) April 4, 2017China plan for new economic zone sparks real estate frenzy Geneva (AFP) April 3, 2017WTO creates panel to decide on China, EU trade flap Palm Beach, United States (AFP) April 7, 2017Wary Trump and Xi measure each other up at US summit |
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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 |
Tawang Town, India (AFP) April 8, 2017
The Dalai Lama on Saturday accused China of spreading false information about his trip to a monastery near India's border that drew protests from Beijing which claims the Himalayan area as its territory.
"People have the wrong information," the 81-year-old monk told reporters in Arunachal Pradesh's Tawang where he took shelter on his flight from Tibet decades ago.
"I wish one Chinese of ... more Palm Beach, United States (AFP) April 8, 2017Trump drops China bashing during warm Xi summit Manila (AFP) April 7, 2017Philippine military to upgrade island facilities, not launch land grab Manila (AFP) April 6, 2017Duterte orders Philippine troops to South China Sea reefs |
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London (AFP) April 9, 2017
Gone are the days of London's "pea souper" smogs, but like many European cities, the British capital is once again being choked by pollution - and has road traffic firmly in its sights.
In 1952, the Great Smog suffocated London for five days, bringing the city to a standstill as soot-filled clouds descended onto the streets and into people's lungs, leaving more than 12,000 dead.
The cri ... more Shanghai (AFP) April 6, 2017Shanghai river clean-up leaves boat-dwellers in limbo Dhaka (AFP) April 6, 2017Bangladesh closes one of world's most polluted places London (AFP) April 4, 2017London to impose new charges to cut 'lethal' pollution |
Hammam Al-Alil, Iraq (AFP) April 6, 2017
The fighting in west Mosul has forced up to 15,000 people to flee their homes every day recently, straining humanitarian resources and leaving many in very difficult conditions.
At the Hammam al-Alil camp for the displaced south of Mosul, hundreds of haggard-looking civilians spill out of buses escorted by the security forces all day long.
The camp is a screening site and a gateway for s ... more Mocoa, Colombia (AFP) April 6, 2017Colombia opens probe into deadly landslide Palm Beach, United States (AFP) April 7, 2017Trump's visceral response prompts Syria strikes Juba (AFP) April 7, 2017Over 6,000 flee 'terrifying' violence in S.Sudan town: UN |
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