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Balanced U.S. budget depends on part on sale of strategic oil reserves![]() ![]() Washington (UPI) May 23, 2017 President Donald Trump's plan to sell off strategic oil reserves to balance the budget will take careful planning to avoid hurting oil prices, analysis finds. Crude oil prices were moving in negative territory early Tuesday on word a White House budget proposal relies in part on selling off parts of the Strategic Petroleum Reserve in an effort to balance the books. According to a daily emailed newsletter from London broker PVM, selling off half of the 688 million barrels in the SPR could ... read more |
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![]() Washington (UPI) May 23, 2017 Stronger expected demand moving into the long U.S. holiday weekend and higher crude oil prices means consumers are paying more for gas, AAA finds. ... more ![]() ![]() Washington (UPI) May 23, 2017 Improved fuel economies for light-duty vehicles in the United States means gasoline demand could trend lower, a federal brief published Tuesday found. ... more ![]() ![]() Washington (UPI) May 23, 2017 Crude oil prices were pulling back toward even in early Tuesday trading, after U.S. budget moves balanced against OPEC narratives. ... more ![]() ![]() Tataouine, Tunisia (AFP) May 22, 2017 A young protester was killed Monday after a national guard vehicle "accidentally" ran him over in south Tunisia, raising fears of more social unrest in a region already rocked by weeks of protest. ... more |
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Previous Issues | May 23 | May 22 | May 20 | May 19 | May 18 |
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![]() Washington (UPI) May 23, 2017 While there's broad support for extending the effort to balance the market through production declines, Kuwait's oil minister said oil prices shouldn't spike. ... more ![]() ![]() Washington DC (UPI) May 22, 2017 Scottish energy services company Wood Group said Monday it secured a contract with Russia to help advance Far East liquefied natural gas development. ... more ![]() ![]() Tataouine, Tunisia (AFP) May 22, 2017 A young protester was killed Monday after a national guard vehicle "accidentally" ran him over in south Tunisia, raising fears of mounting social unrest in a region rocked by weeks of protest. ... more ![]() ![]() Washington DC (UPI) May 22, 2017 A narrative from the head of OPEC that efforts to balance the market paid off led to a strong rally in crude oil prices Monday despite signs of sluggish growth. ... more ![]() ![]() Washington DC (UPI) May 22, 2017 British energy company BP said it started oil production from a North Sea basin after spending billions of dollars on regional redevelopment. ... more ![]() ![]() Baghdad (AFP) May 22, 2017 Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on Monday. ... more |
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![]() ![]() Iran sees need for major offshore investments ![]() ![]() Washington DC (UPI) May 22, 2017 Oil production from a floating facility off the coast of Ghana has started three months ahead of schedule, Dutch energy company Vitol said. ... more ![]() ![]() Washington DC (UPI) May 22, 2017 Exxon Mobil said it was bringing its Saudi partners to a U.S. facility, though other companies in talks in Riyadh agreed to expand their regional presence. ... more ![]() ![]() Washington (UPI) May 19, 2017 An improved market climate in the energy sector means Texas is well on the road to recovery with job gains up for the third straight month, a bank reported. ... more ![]() ![]() Washington (UPI) May 19, 2017 Financing is in place to support development of the emerging oil basins offshore Senegal, while new output is expected from the North Sea, Cairn Energy said. ... more |
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![]() Madison WI (SPX) May 22, 2017 ![]() ![]() ![]() Insight into enzyme's 3-D structure could cut biofuel costs ![]() ![]() Microbial fuel cell converts methane to electricity ![]() ![]() A full life cycle assessment of second-generation biofuels |
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![]() Washington DC (SPX) May 22, 2017 ![]() ![]() ![]() EU SmartFlex project finishes reference solar facade ![]() ![]() InnoEnergy-backed Solaris Offgrid raises 1M Euro to tackle global electricity poverty ![]() ![]() Beaumont Solar Announces the Beaumont "Big C" Services Unit to Solar Industry |
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![]() Solomons MD (SPX) May 10, 2017 ![]() ![]() ![]() Dutch open 'world's largest offshore' wind farm ![]() ![]() OX2 will manage a 45 MW wind farm owned by IKEA Group in Lithuania ![]() ![]() Building Energy celebrates the beginning of operations and electricity generation of its first wind farm |
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![]() Geneva (AFP) May 21, 2017 ![]() ![]() ![]() Hungary: AREVA NP awarded contract for safety IC modernization at Paks Nuclear Power Plant ![]() ![]() India to build 10 domestic nuclear power reactors ![]() ![]() Japan restarts another reactor |
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![]() Berlin (AFP) May 23, 2017 ![]() ![]() ![]() Cape Town region declares drought disaster ![]() ![]() Trump can't stop progress on climate, says Al Gore ![]() ![]() Hopes for climate pact shift to diplomatic sphere |
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![]() Beijing (AFP) May 23, 2017 ![]() ![]() ![]() Hong Kong police arrest 21 Uber drivers in sting ![]() ![]() China's JAC says electric car tie-up with VW approved ![]() ![]() Singapore car 'vending machine' dispenses with tradition |
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![]() Mosul, Iraq (AFP) May 19, 2017 ![]() ![]() ![]() IS-claimed suicide bombings kill 35 in Iraq ![]() ![]() On Mosul front, Iraqi forces come as civilians go ![]() ![]() Brisk business for Mosul's first post-IS liquor store |
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![]() Tehran (AFP) May 22, 2017 ![]() ![]() ![]() Trump calls N. Korea's Kim Jong-Un 'madman with nuclear weapons' ![]() ![]() China's trade with N.Korea falls as pressure mounts ![]() ![]() China sees 'no reason' not to talk with N. Korea |
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![]() Beijing (AFP) May 23, 2017 ![]() ![]() ![]() Branstad, friend of Beijing, confirmed as US envoy to China ![]() ![]() Stories of Hong Kong: Hopes and fears on landmark anniversary ![]() ![]() China frees human rights lawyer on bail: Amnesty |
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![]() Bouake, Ivory Coast (AFP) May 22, 2017 ![]() ![]() ![]() Congo breaks ground on $58 million China-funded parliament building ![]() ![]() Four killed in I.Coast clashes between ex-rebels and police ![]() ![]() Angolan apartheid troops battle to survive in S.Africa |
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![]() Washington DC (UPI) May 22, 2017 ![]() ![]() ![]() China, Russia launch long-haul challenge to Boeing, Airbus ![]() ![]() Boeing considering further Super Hornet upgrades ![]() ![]() Cathay Pacific sacks 600 staff in major shakeup |
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![]() Hanoi (AFP) May 22, 2017 ![]() ![]() ![]() China investigates senior banking regulator ![]() ![]() India's IT industry body slams mass layoff reports ![]() ![]() Hong Kong firm pays $3bn in record land sale |
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![]() Brussels (AFP) May 23, 2017 ![]() ![]() ![]() Trump looks to boost defense funding -- but not enough for hawks ![]() ![]() China flexes muscle in spy games against US ![]() ![]() NATO breaks partnership deadlock over Turkey-Austria dispute |
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![]() Hobart, Australia (SPX) May 23, 2017 ![]() ![]() ![]() Ozone and haze pollution weakens land carbon uptake in China ![]() ![]() Cities need to 'green up' to reduce the impact of air pollution ![]() ![]() Vietnam arrests activist as MP resigns over mass fish deaths |
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![]() Greenbelt MD (SPX) May 22, 2017 ![]() ![]() ![]() Trump budget calls for deep cuts to social safety net ![]() ![]() Massive slide buries stretch of iconic California highway ![]() ![]() 58,000 Haitians facing deportation get US extension |
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