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Transocean aims to carve out niche![]() Washington (UPI) Jun 1, 2017 Rig company Transcoean said it secured more than $1 billion for the sale of parts of its shallow-water fleet in a move that aligns with streamlining efforts. The company said it completed the sale of a fleet of rigs to rival Borr Drilling Ltd. for total consideration of about $1.35 billion. The fleet includes 15 jackup rigs, some of which are still under construction at a shipyard in Singapore. Jackups are mobile units for offshore operations in relatively shallow waters. The company sai ... read more  | 
 
Financing sought for Russian pipeline through TurkeyWashington (UPI) Jun 1, 2017 Talks are underway to secure financing to build a natural gas pipeline through Turkish territory, a deputy chairman at Russian energy company Gazprom said. ... more  
Saudi Aramco contracts continue with Amec Foster Wheeler dealWashington (UPI) Jun 1, 2017 The steady stream of contracts with one of the world's largest oil companies continued Thursday, with Amec Foster Wheeler landing a deal with Saudi Aramco. ... more  
Oklahoma raises tax on energy industry to offset economic strainsWashington (UPI) Jun 1, 2017 The budget for fiscal year 2018 in shale-rich Oklahoma sends about $7 billion to state agencies, but remains off $37 million from this year, the governor said. ... more  
U.S. labor report, Paris decision backlash send oil prices lowerWashington DC (UPI) Jun 2, 2017 Perceived weakness on the margins of the U.S. labor sector and the reaction to the U.S. exit from the Paris climate deal hammered crude oil prices early Friday. ... more  | 
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| Previous Issues | Jun 02 | Jun 01 | May 31 | May 30 | May 29 | 
 
 
 
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Deep-water LNG project offshore Mozambique draws questionsWashington DC (UPI) Jun 2, 2017 A multi-billion dollar floating production facility for liquefied natural gas could be a major win for Mozambique, though analyst sentiments were mixed. ... more  
Iranian energy an area of mutual interest, companies sayWashington DC (UPI) Jun 2, 2017 Russian oil producer Gazprom Neft said Friday it signed an agreement with Austria's OMV to explore joint opportunities for possible exploration in Iran. ... more  
Russia sees a lower-for-longer scenario for oil pricesWashington DC (UPI) Jun 2, 2017 While some major producers can stay competitive in the current market, lower oil prices may be the new normal, a Russian oil leader said Friday. ... more  
Texas envisions LNG leadership on global stageWashington DC (UPI) Jun 2, 2017 The shale boom under way in the United States means the country is primed to become a leader in liquefied natural gas developments, a Texas leader said. ... more  
Dakota Access pipeline now operational, developer saysWashington (UPI) Jun 1, 2017 Oil is now flowing through the controversial Dakota Access pipeline, carrying crude from Canada and North Dakota south to Illinois, its developer said Thursday. ... more  
Chevron CEO calls 2016 a 'transition year'Washington (UPI) Jun 1, 2017 The head of U.S. supermajor Chevron Corp. brushed off last year as a "transition year" that set the stage for progress in the 2017 calendar year. ... more  | 
![]() Stars align against crude oil prices as $50 comes under threat  
Saudi Arabia rolls out $5.2 billion offshore support facilityWashington (UPI) May 31, 2017 The Saudi Arabian Oil Co. said Wednesday it established a joint venture with international partners to support the offshore oil and gas sector. ... more  
Shareholders vote for ExxonMobil transparency on climate impactNew York (AFP) May 31, 2017 ExxonMobil's shareholders voted Wednesday to push the oil giant to test how the fight against global warming could affect its business, handing a victory to environmentalists at a critical juncture for climate policy worldwide. ... more  
British oil and gas trade group sees big investment potentialWashington (UPI) May 31, 2017 With the right strategies in place from Downing Street, a British trade group said as much as $370 billion could be drawn to North Sea oil and gas. ... more  
Shell keeps exploration and production focus in AustraliaWashington (UPI) May 31, 2017 Royal Dutch Shell said Wednesday it was keeping its exploration and production portfolio in place in Australia, but stepping back from its aviation business. ... more  | 
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 Montreal, Canada (SPX) Jun 01, 2017  
Researchers from Concordia's Department of Building, Civil and Environmental Engineering (BCEE) in collaboration with Bio-Terre Systems Inc. are taking the fight against global warming to colder climes. 
Their weapon of choice? Cold-loving bacteria. 
In a study published in Process Safety and Environmental Protection, authors Rajinikanth Rajagopal, David Bellavance and Mohammad Saifur  ... more Nagoya, Japan (SPX) May 30, 2017Nagoya University researchers break down plastic waste  Pittsburgh PA (SPX) May 31, 2017A more energy-efficient catalytic process to produce olefins  Daegu, South Korea (SPX) May 30, 2017New photocatalyst speeds up the conversion of carbon dioxide into chemical resources  | 
 Suva, Fiji (SPX) Jun 01, 2017  Houghton MI (SPX) Jun 05, 2017Replacing coal with solar can save lives and money  Washington (AFP) June 2, 2017Paris withdrawal sets business world at odds with Trump  Washington DC (UPI) Jun 2, 2017A breakthrough for solar power in Arizona with EON battery stations  | 
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 Anaheim, CA (SPX) May 28, 2017  
GE Energy Financial Services said this week at the American Wind Energy Association's (AWEA) WINDPOWER 2017 conference, that it has exceeded $15 billion in renewable energy investment commitments in wind, solar, and other renewable energy projects globally. Over the past three years, GE Energy Financial Services has committed to invest approximately $5 billion in renewable energy projects, excee ... more Washington (UPI) May 25, 2017U.S. states taking up wind energy mantle  Solomons MD (SPX) May 10, 2017Scientists track porpoises to assess impact of offshore wind farms  The Hague (AFP) May 8, 2017Dutch open 'world's largest offshore' wind farm  | 
 Washington (UPI) May 30, 2017   The Three Mile Island atomic power plant - site of the worst U.S. commercial nuclear accident in 1979 - will cease operations in 2019, owner Exelon Corp. announced Tuesday. 
 The plant, based in Middletown, Pa., and about 90 miles west of Philadelphia, has lost $300 million over the past five years because of the decline in energy prices, Chicago-based Exelon said in a filing with the S ... more Homestead, United States (AFP) May 28, 2017Why nuclear could become the next 'fossil' fuel  Brussels (AFP) May 29, 2017EU clears EDF takeover of Areva reactor business  Geneva (AFP) May 21, 2017Swiss vote for gradual nuclear phaseout, energy makeover  | 
 
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 Paris (AFP) June 2, 2017   World leaders reacted with anger and defiance after President Donald Trump on Thursday announced the United States, the world's second biggest carbon emitter, was quitting the 2015 Paris climate agreement. 
With France's Emmanuel Macron taking the lead, they lashed Trump's decision as misguided and vowed to defend an accord they portrayed as crucial for the planet's future. 
In an exceptio ... more Los Angeles (AFP) June 3, 2017California plots to fight 'AWOL' Trump on climate  Paris (AFP) June 1, 2017Climate science: Bad news gets worse  Washington (AFP) June 3, 2017Isolated US lashes out at climate critics  | 
 Thuwal, Saudi Arabia (SPX) May 31, 2017  
By observing the soot particles formed in a simple flame, researchers at KAUST have developed a computational model capable of simulating soot production inside the latest gasoline automobile engines1. 
Although today's passenger vehicle engines are cleaner than ever before, their exhaust can still contain significant numbers of nanoscopic soot particles that are small enough to penetrate t ... more San Francisco (AFP) June 2, 2017Waymo turning tech talent to self-driving trucks  Frankfurt Am Main (AFP) June 1, 2017Daimler, VW eye China's electric car market  Berlin (AFP) June 1, 2017Germany finds emission-cheating gear on 24,000 Audis in Europe  | 
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 Mosul, Iraq (AFP) June 2, 2017  
 Iraqi forces have recaptured one neighbourhood in west Mosul and nearly half of another that are targets of a broad offensive against jihadists launched last week, officers said on Friday. 
Iraqi security forces are more than seven months into a massive operation to retake Mosul from the Islamic State group, which overran the city and swathes of other territory nearly three years ago. 
Now ... more Basra, Iraq (AFP) June 1, 2017Football: Iraq play first post-ban friendly at home  Baghdad (AFP) June 1, 2017Iraq forces move on IS in Mosul but civilians slow advance  Mosul, Iraq (AFP) June 4, 2017Jihadists occupy civilian homes as Mosul battle rages  | 
 Seoul (AFP) May 31, 2017  
 North Korea warned Wednesday it was prepared to launch intercontinental ballistic missiles (ICBMs) at any time, as the US successfully tested a system designed to intercept them. 
The fresh sabre-rattling from Pyongyang appeared to up the stakes as the Pentagon announced Tuesday it had intercepted a mock-up of an ICMB in a first-of-its-kind test. 
The success of the test is a watershed mom ... more Vienna (AFP) June 2, 2017UN confirms Iran compliance to nuke deal  Singapore (AFP) June 3, 2017Mattis reassures allies as US turns to China on N. Korea  Washington (AFP) June 2, 2017CIA names former bin Laden hunt chief to run Iran spying  | 
 
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 Beijing (AFP) June 1, 2017  
 The US returned a fugitive to China Thursday, the Ministry of Public Security said, in what appears to be the first such instance of cooperation between the two countries since the election of Donald Trump. 
The suspect, referred to only by the last name Zhu, was repatriated with the assistance of US immigration authorities, the statement said, and is accused of a "violation of personal right ... more Beijing (AFP) May 31, 2017Beijing's rickshaws teeter between tradition, survival  Beijing (AFP) May 28, 2017Young Chinese in the red as easy credit drives up debt  Hong Kong (AFP) May 28, 2017Better times? Hong Kong's British nostalgia trip  | 
 Conakry (AFP) June 3, 2017  
 The African Union (AU) on Saturday joined the chorus of disapproval at US President Donald Trump's decision to pull out of the landmark Paris climate deal, expressing its full support for the initiative. 
The current head of the regional grouping, Guinean President Alpha Conde, called for the matter to be discussed at the G20 summit in Germany next month "to raise US President Donald Trump's  ... more Beijing (AFP) June 1, 2017China rejects Uganda ivory trafficking claims against diplomats  Banjul, Gambia (AFP) June 3, 2017One dead after Gambian protesters clash with W. African troops  Baidoa, Somalia (AFP) June 2, 2017Fleeing hunger, Somali women abused in displacement camps  | 
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 Washington (UPI) May 30, 2017  
 Orbital ATK has received a $90 million contract from Northrop Grumman for composite materials meant for maintenance of the B-2 Spirit heavy stealth bomber. The production will include 17 Hot Trailing Edge, or HTE, parts for the bomber. 
 Production will take place at Orbital ATK's Aerospace Structures Division facility in Dayton, Ohio, starting later this year. 
 "We are honored to p ... more Washington (UPI) May 31, 2017HH-60W Combat Rescue Helicopter passes design review  Washington (UPI) May 30, 2017Britain's Royal Navy delivers Sea King helicopters to Pakistan  Washington (UPI) May 31, 2017Saab contracted for maintenance of Gripen fighters  | 
 Brussels (AFP) June 2, 2017   The EU and China failed Friday to formally endorse a joint statement on the Paris climate deal due to a lingering but separate trade row, a European source said. 
The EU source said leaders from both sides had no problem with on the climate issue as both sides want to boost efforts to implement the 2015 Paris agreement following President Donald Trump's decision to pull Washington out of the  ... more Beijing (AFP) June 1, 2017China manufacturing down for 1st time in 11 months: Caixin  New York (AFP) June 1, 2017Goldman Sachs CEO defends Paris deal in first-ever tweet  Washington (AFP) June 4, 2017Trump saw Paris climate pact as economic straitjacket  | 
 
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 Brussels (AFP) June 2, 2017   Dismayed EU and Chinese leaders meet Friday at a Brussels summit in a bid to fill a void in the global push to fight climate change left by the US pullout from the Paris pact. 
In a potentially dramatic shift in diplomatic roles, the European Union now aims to join heavyweight China in trying to galvanise the world into implementing the landmark 2015 agreement - but minus the planet's second ... more Beijing (AFP) June 2, 2017US backsliding on Paris deal a gift for China  Hanoi (AFP) June 2, 2017John McCain visits 'Big Bad John' US destroyer in Vietnam  Berlin (AFP) June 1, 2017France, Germany 'certain' Trump would honour NATO pledges  | 
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 Trbovlje, Slovenia (AFP) June 4, 2017  
 When he saw swallows nesting in the barn for the first time in almost two decades, Slovenian farmer Uros Macerl felt vindicated. His exhausting battle against a polluting industrial giant had been worthwhile. 
A role model to some, an "eco-terrorist" to others, Macerl recently picked up one of the world's most prestigious environmental awards for shutting down a cement plant owned by French c ... more Washington DC (SPX) Jun 01, 2017Mining for answers on abandoned mines  Washington (AFP) June 1, 2017Scott Pruitt: EPA chief who urged Trump to ditch climate pact  Exeter UK (SPX) Jun 05, 2017Pollution 'devastating' China's vital ecosystem, research shows  | 
 Washington (AFP) June 2, 2017  
 Attacks on Islamic State group targets by US-led coalition forces have killed 484 civilians since mid-2014, the US military reported Friday. 
The Operation Inherent Resolve coalition added 132 civilians to the total in its April report, including 105 who died when a US aircraft dropped a bomb on an IS sniper target in west Mosul on March 17. 
The bomb inadvertently set off a large cache of ... more Colombo (AFP) June 3, 2017Sri Lanka targets unauthorised builders after monsoon deaths  Washington DC (UPI) Jun 2, 2017European Reassurance Initiative requests billion-dollar budget increase  Madrid, Spain (SPX) Jun 05, 2017GMV to supply Copernicus services in support to EU external action  | 
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