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Divestment, retooling strategy has paid off, Shell says![]() ![]() Washington (UPI) May 4, 2017 A divestment and retooling strategy has paid off considerably with first quarter profits more than doubling on improved oil prices, Royal Dutch Shell said. Shell joins industry peers like British supermajor BP in declaring a first quarter success. Crude oil prices and market conditions have improved since first quarter 2016, and Shell CEO Ben van Buerden said the debt load was cut in part by a free cash flow of $5.2 billion. Shell in March announced plans to sell off its entire onshore i ... read more |
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![]() Washington (UPI) May 4, 2017 Oil prices lost ground early Thursday as strong U.S. labor figures weren't enough offset production gains and slower declines in U.S. crude oil inventories. ... more ![]() ![]() Washington (UPI) May 4, 2017 First quarter results mean current market conditions support a doubling of the amount of activity in Kurdish oil fields, a Norwegian energy company said. ... more ![]() ![]() Washington (UPI) May 4, 2017 A White House effort to open up offshore areas to oil and gas drilling is in line with the letter of the law, a trade group said in response to a challenge. ... more ![]() ![]() Washington (UPI) May 4, 2017 There's a competitive edge in staying in the Paris climate agreement because of the need for low-carbon developments under the accord, U.S. governors said. ... more |
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Previous Issues | May 04 | May 03 | May 02 | May 01 | Apr 28 |
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![]() Washington (UPI) May 4, 2017 U.S. shale oil and gas player Continental Resources reported lower year-on-year production figures, but said gains in output were expected for the rest of 2017. ... more ![]() ![]() Washington (UPI) May 3, 2017 A letter viewed by Florida lawmakers from the Pentagon said maintaining a moratorium on drilling in parts of the Gulf of Mexico was in the nation's interest. ... more ![]() ![]() Madrid (AFP) May 3, 2017 Spain said Wednesday it will not reopen a giant underwater gas storage facility in the Mediterranean because of the risk that it could trigger earthquakes if it resumes operations. ... more ![]() ![]() Washington (UPI) May 3, 2017 Chinese oil and gas companies are working to gain a stronger foothold on the international market as economies improve, the head of an offshore company said. ... more ![]() ![]() Washington (UPI) May 3, 2017 A review of state oil and gas operations is necessary to protect the public safety following a fatal blast that left two people dead, Colorado's governor said. ... more ![]() ![]() Washington (UPI) May 3, 2017 A steady string of successes in oil and gas fields off the coast of Norway means expectations about future performance have improved, Lundin Petroleum said. ... more |
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![]() ![]() Oil stages rally, but faces test later in the trading day ![]() ![]() Washington DC (SPX) May 04, 2017 Most of the world's oil and natural gas reserves may be locked up inside the tiny pores comprising shale rock. But current drilling and fracturing methods can't extract this fuel very well, recoveri ... more ![]() ![]() Sochi, Russia (AFP) May 3, 2017 Russia and Turkey have agreed to lift nearly all remaining trade restrictions imposed in the aftermath of Ankara's downing of a Russian warplane in 2015, President Vladimir Putin said Wednesday. ... more ![]() ![]() Washington (UPI) May 2, 2017 A Canadian municipality ravaged by wildfires last year that sidelined Canadian oil production is getting tax relief, the provincial government in Alberta said. ... more ![]() ![]() Washington (UPI) May 2, 2017 Lower seasonal demand and a steady move lower for crude oil prices means U.S. consumers are seeing prices drop at the gas station, retail analyses find. ... more |
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![]() Washington DC (SPX) May 04, 2017 ![]() ![]() ![]() Nickel: A greener route to fatty acids ![]() ![]() Scientists develop efficient multifunctional catalyst for CO2 hydrogenation to gasoline ![]() ![]() Fast, low energy, and continuous biofuel extraction from microalgae |
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![]() Bellingham WA (SPX) May 04, 2017 ![]() ![]() ![]() Indian Space Agency Test-Drives Solar Electric Hybrid Vehicle ![]() ![]() Renewable sources now almost one-fifth of US generating capacity ![]() ![]() U.S. renewable power groups defend reliability |
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![]() Washington (UPI) May 2, 2017 ![]() ![]() ![]() CEE Group acquires wind farm with a capacity of 27.6 megawatts in Brandenburg ![]() ![]() Norwegian company envisions wind energy role for oil production ![]() ![]() Oklahoma to end tax credits for wind energy |
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![]() Kiev (AFP) April 30, 2017 ![]() ![]() ![]() Court deals setback to South Africa's nuclear ambitions ![]() ![]() Andra continues Areva contract to operate its Aube Surface Disposal Facility ![]() ![]() The critical importance of Predictive Power when building NPPs |
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![]() Tokyo, Japan (SPX) May 04, 2017 ![]() ![]() ![]() Cities brace for climate challenges ![]() ![]() Fiji urges Trump to honour Paris climate deal ![]() ![]() 1.4 million children acutely malnourished in Somalia this year: UN |
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![]() Berlin (AFP) May 2, 2017 ![]() ![]() ![]() Bike-sharing launched in congested Beirut ![]() ![]() Free rides offered by Alphabet's Waymo autonomous cars ![]() ![]() Rideshare rivals Gett, Juno join forces |
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![]() Mosul, Iraq (AFP) May 4, 2017 ![]() ![]() ![]() 11 journalists killed in Iraq in past year: watchdog ![]() ![]() IS attack in western Iraq kills 10 soldiers: officers ![]() ![]() In Iraq's Mosul, mobile clinics deliver precious medical care |
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![]() Seoul (AFP) May 3, 2017 ![]() ![]() ![]() China's military pact with N.Korea looks shaky ![]() ![]() US urges SE Asia allies to shun North Korea ![]() ![]() N.Korea leader revisits island strike site: media |
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![]() Hong Kong (AFP) May 4, 2017 ![]() ![]() ![]() 12 dead in tunnel blast in southwest China ![]() ![]() Opera troupe tours rural China defending a dying art ![]() ![]() World's only Tiananmen museum returns to Hong Kong |
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![]() Lowarengak, Kenya (AFP) May 5, 2017 ![]() ![]() ![]() Rocket attack on UN camp in Mali kills one, wounds 9 ![]() ![]() Congolese plantation sprouts art centre to help the poor ![]() ![]() US Defense Secretary Mattis visits strategic Djibouti |
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![]() Washington (UPI) May 1, 2017 ![]() ![]() ![]() Israel shows off F-35 stealth fighters for first time ![]() ![]() Russia's T-50 Super Jet Preparing to Soar With Next-Gen Engine ![]() ![]() The QueSST for Quiet |
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![]() Hong Kong (AFP) May 4, 2017 ![]() ![]() ![]() Hong Kong firm snaps up London skyscraper in $1.47bn deal ![]() ![]() US jury convicts ex-Guinea minister over China bribes ![]() ![]() Tech billionaire buys Sydney mansion for record price |
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![]() Beijing (AFP) May 3, 2017 ![]() ![]() ![]() Funding for Eucom essential, NATO Supreme Commander tells U.S. Senate (SPX) May 04, 2017 ![]() ![]() Japan to offer patrol planes to Malaysia: report ![]() ![]() US Army opens new Polish headquarters as troop levels rise |
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![]() Cincinnati OH (SPX) May 04, 2017 ![]() ![]() ![]() Philippine environment chief dumped as miners triumph ![]() ![]() 'Lobby money' behind fall of Philippine environment chief: Duterte ![]() ![]() Philippine minister bans new open-pit mines worth $8 bn |
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![]() Charleston, United States (AFP) May 4, 2017 ![]() ![]() ![]() EU urges China to curb dinghy sales in migrant trafficking fight ![]() ![]() When bridges collapse; Are we underestimating the risks ![]() ![]() Cities provide paths from poverty to sustainability |
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