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Footprint expands offshore West Africa for one energy company![]() Washington (UPI) Jul 3, 2017 West African oil and gas explorer FAR Ltd. said Monday its footprint in the region expanded after the Gambian government approved a major buy-in. Under the terms of an agreement, FAR takes on 80 percent of the interest in two blocks off the coast of Gambia from its partner, ERIN Energy Corp. The deal requires FAR to commit to as much as $8 million in financing for the drilling of an exploration well by the end of next year. With a hold on the reserves just north of Gambian waters in Sene ... read more |
Total-led group lands first contract in Iran in a decadeWashington (UPI) Jul 3, 2017 Monday is a "huge day" for the Iranian energy sector, an analyst said after it signed off on its first offshore contract with a foreign company in a decade. ... more
UN tells Qatar to mend fences with Gulf neighboursUnited Nations, United States (AFP) July 3, 2017 The UN Security Council has told Qatar to sort out its differences with its Gulf neighbors, China's ambassador said Monday, indicating the top UN body would not get involved in the dispute. ... more
Norway managing era of low oil prices effectively, Moody's findsWashington (UPI) Jul 3, 2017 Norway needs to make economic preparations to address long-term risks, but has shown strength in the face of lower oil prices, ratings agency Moody's said. ... more
More oil found in the Barents SeaWashington (UPI) Jul 4, 2017 Norwegian oil company Statoil said Monday it was anticipating more potential near its promising Johan Castberg field after finding oil in a frontier area. ... more |
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More gas offshore Israel than originally thoughtWashington (UPI) Jul 3, 2017 An upward revision to the reserve estimate for the Tamar gas field offshore Israel shows the region hasn't yet realized its potential, Delek Drilling said. ... more
Why has Iran's investment gold rush been so slow to emerge?Tehran (AFP) July 3, 2017 When Iran signed its landmark deal with world powers in 2015, curbing its nuclear programme in exchange for sanctions relief, many expected an investment gold rush. ... more
Oil prices flirt with $50 on the first full trading day of JulyWashington (UPI) Jul 3, 2017 A rally in oil prices set off by lower U.S. rig counts spilled over into Monday as the mentality shifts away from the Middle East, an analyst said. ... more
Oil recovery provides platform for Asia energy firms' rallyHong Kong (AFP) July 4, 2017 Asian markets mostly rose on Tuesday with energy firms rallying with their US counterparts after the recovery in oil prices extended in New York, where the Dow chalked up another record high ahead of Independence Day. ... more
Hydraulic fracturing rarely linked to felt seismic tremorsEdmonton, Canada (SPX) Jun 28, 2017 New research suggests hydraulic fracturing and saltwater disposal has limited impact on seismic events. For the past two years, UAlberta geophysicist Mirko Van der Baan and his team have been ... more
RBC: Energy markets not taking Qatar risk seriouslyWashington (UPI) Jun 30, 2017 Lingering tensions in the Persian Gulf related to the diplomatic standoff with Qatar is a risk that's been largely ignored, RBC Capital Markets said. ... more |
![]() Kuwaiti oil exports to Japan increased
Alberta's economy expanding, finance minster saysWashington (UPI) Jun 30, 2017 The economy of oil-rich Alberta has turned the corner following last year's market slump, though recovery is not yet widespread, the government said. ... more
Trump administration charts path to energy dominanceWashington (UPI) Jun 30, 2017 U.S. government agencies said they've opened up new levers for oil and natural gas development with new pipelines, export and offshore drilling opportunities. ... more
Gazprom touts progress of Chinese gas pipelineWashington (UPI) Jun 30, 2017 Russian natural gas company Gazprom expects to sign off on developments to increase its footprint in the Asian market, the company's top executive said. ... more
Gas development boosts opportunities in British North SeaWashington (UPI) Jun 30, 2017 Energy opportunities in the British waters of the North Sea are bolstered by new work slated for natural gas, services company Bilfinger Salamis said Friday. ... more |
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Tempe AZ (SPX) Jul 03, 2017
Whether or not society shakes its addiction to oil and gasoline will depend on a number of profound environmental, geopolitical and societal factors.
But with current oil prices hovering around $50 dollars a barrel, it won't likely be anytime soon.
Despite several major national research initiatives, no one has been able to come up with the breakthrough renewable biofuel technology t ... more Chicago IL (SPX) Jun 28, 2017Regulating the indirect land use carbon emissions imposes high hidden costs on fuel East Lansing MI (SPX) Jul 03, 2017Cellulosic biofuels can benefit the environment if managed correctly Munich, Germany (SPX) Jul 03, 2017Biofuel from waste |
Durham NC (SPX) Jun 28, 2017
Global solar energy production is taking a major hit due to air pollution and dust.
According to a new study, airborne particles and their accumulation on solar cells are cutting energy output by more than 25 percent in certain parts of the world. The regions hardest hit are also those investing the most in solar energy installations: China, India and the Arabian Peninsula.
The study ... more Swansea UK (SPX) Jul 03, 2017Exciting new material uses solar energy to remove man-made dye pollutants from water Zurich, Switzerland (SPX) Jun 28, 2017ABB microgrid to power Aruba and support transition to renewable energy Los Angeles, CA (SPX) Jul 04, 2017The Last Day of Net-Metering Brings Memories of Fighting for Every Solar Watt |
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Bristol UK (SPX) Jun 22, 2017
With over 20 years in sustainable investment, Thrive Renewables, (previously Triodos Renewables) has provided mezzanine loans for two wind farms in Scotland that will have a combined total capacity of 11.5MW which will generate and deliver clean, smart energy to the UK grid. Once built, these projects will be able to generate enough green electricity for 7,760[1] homes.
In partnership with ... more Beijing, China (SPX) Jun 12, 2017It's a breeze: How to harness the power of the wind Washington (UPI) Jun 5, 2017ADB: Asia-Pacific growth tied to renewables Anaheim, CA (SPX) May 28, 2017GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments |
Paris (AFP) July 3, 2017 A project to build a nuclear plant at Hinkley Point in Britain will overrun by 1.5 billion pounds ($1.95 billion, 1.71 billion euros) and may face further delays, its main supplier said Monday. EDF, the state-run French company that has the lion's share of the controversial scheme, made the announcement after a long review. EDF is part of a French-Chinese consortium that was awarded the two-re ... more London (AFP) June 23, 2017UK nuclear plant to cost consumers billions more Tokyo (AFP) June 23, 2017Toshiba delays results again citing US nuclear unit Paris (SPX) Jun 26, 2017AREVA obtains transport license for its new cask in France and Belgium |
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Berlin (AFP) June 29, 2017 European leaders vowed Thursday to defend the landmark Paris climate pact at a G20 summit next week, setting them on collision course with US President Donald Trump at what is expected to be a stormy meeting.
Leaders of Germany, France, Italy and other EU economies acknowledged their long standing ties with Washington but said they would not give in on "existential" threats like global warmi ... more Lisbon (AFP) July 3, 2017US pullout gives 'global push' to climate deal: UN chief Washington (AFP) June 29, 2017Trump 'proud' of leaving Paris climate deal Potsdam, Germany (SPX) Jul 03, 2017Turning the climate tide by 2020 |
Montreal (AFP) June 22, 2017
Subsidizing the purchase of electric cars in Canada is an inefficient way to reduce greenhouse gas emissions that is not cost effective, according to a Montreal Economic Institute study released Thursday.
"It's just a waste," said Germain Belzile, one of the authors of the study, which examined electric vehicle subsidies offered by Canada's two biggest provinces Ontario and Quebec, which can ... more Beijing (AFP) June 28, 2017S.Korean cars recalled in China as row hits sales Beijing (Sputnik) Jun 26, 2017China's Futuristic Elevated Bus Scrapped, Accused of Being a Scam Washington (UPI) Jun 27, 2017New Zealand puts more emphasis on electric vehicles |
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Mosul, Iraq (AFP) July 2, 2017 Iraqi forces were battling the last few hundred jihadists in Mosul's historic centre Sunday as they pressed the final stages of an assault to drive the Islamic State group from the city.
More than eight months since the country's forces launched a gruelling operation to retake Mosul, IS has gone from fully controlling the city to holding a few neighbourhoods on its western side.
"The num ... more Mosul, Iraq (AFP) June 30, 2017Mosul victory in 'days' as IS falls back in Syria Mosul, Iraq (AFP) June 30, 2017Gunfire cuts short celebrations at recaptured Mosul mosque Mosul, Iraq (AFP) July 3, 2017Tougher fighting, more suicide attacks as IS hits back in Mosul |
United Nations, United States (AFP) July 3, 2017
China's UN ambassador on Monday warned of "disastrous" consequences if world powers fail to find a way to ease tensions with North Korea which he said could "get out of control".
Ambassador Liu Jieyi made the remarks a day after US President Donald Trump spoke by phone with Chinese leader Xi Jinping on the threat posed by North Korea's missile and nuclear tests.
"Currently tensions are h ... more Washington (AFP) June 30, 2017Trump declares 'patience is over' with North Korea Washington (AFP) June 29, 2017South Korean president lobbies US leaders on North Korea policy Seoul (AFP) June 29, 2017S. Korea to offer North treaty for denuclearisation: minister |
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Shanghai (AFP) July 4, 2017
Chinese cinema-goers now have to sit through a short clip promoting "core socialist values" and President Xi Jinping's "Chinese dream" political credo before the show starts - and some aren't happy about it.
Authorities enlisted action star Jackie Chan and domestic film idols as part of the public-service adverts, which have been ordered shown at cinemas in China since July 1 and last a few ... more Berlin (AFP) July 3, 2017Germany urges treatment for China's cancer-stricken Liu Beijing (AFP) June 28, 2017Hong Kong's allure fading in mainland China Hong Kong (AFP) July 1, 2017Profile: Hong Kong's new leader Carrie Lam |
Bamako (AFP) June 24, 2017
Mali's government and armed groups which signed a 2015 peace deal have relaunched talks aimed at speeding up its implementation after several delays, they told AFP Saturday.
The accord signed in 2015 aimed at curbing separatist uprisings in Mali's north after a 2012 rebellion was hijacked by jihadists, throwing the nation into chaos.
But several of its key planks have yet to be fully imp ... more Bangui, Central African Republic (AFP) June 20, 2017Clashes erupt in C. Africa a day after peace deal Bamako (AFP) June 20, 2017Mali ex-rebels reject national charter on peace deal anniversary; Dozens killedw/l Bangui, Central African Republic (AFP) June 19, 2017C. Africa govt inks peace deal with rebel groups |
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Vienna (AFP) June 29, 2017
Austria's constitutional court on Thursday overturned a landmark ruling that had blocked Vienna airport's plans to build a third runway because of climate change worries.
Judges found that the earlier verdict had violated the constitution, noting that the environment did not hold "absolute priority" over other factors.
In February, the Federal Administrative Court (FAC) had argued that t ... more London (AFP) June 15, 2017BA flight disruption cost estimated 80m pounds Washington (UPI) Jun 27, 2017State Department approves India for C-17 buy Boston MA (SPX) Jun 28, 2017Another approach to developing flying cars |
Beijing (AFP) June 30, 2017 An indicator of Chinese manufacturing activity beat forecasts in June but analysts warned that Friday's surprising result belied a slowdown in the world's second-largest economy.
The reading comes as the country loses momentum with policymakers putting the brakes on lending following years of debt-fuelled investment that has raised fears of a financial crisis that could blow out globally. ... more Moscow (AFP) July 4, 2017Putin and Xi talk trade, N.Korea at Kremlin Hong Kong (AFP) June 27, 2017Best foot forward: Hong Kong's military-style youth groups Beijing (AFP) June 27, 2017China to meet growth targets, says Li |
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Beijing (AFP) July 3, 2017 Chinese President Xi Jinping told US counterpart Donald Trump on Monday that Sino-US relations have been hit by "negative factors" in a phone call following days of US actions that have vexed Beijing.
Trump held separate calls with Xi and Japanese Prime Minister Shinzo Abe that focused on tensions on the Korean peninsula, but China's foreign ministry said Xi also invoked the thorny issue of ... more Hong Kong (AFP) July 2, 2017'Schoolmaster' Xi leaves Hong Kong smarting Manila (AFP) July 1, 2017Philippines, US hold joint patrol in dangerous waters Washington (UPI) Jul 3, 2017Sweden, Finland join Joint Expeditionary Force |
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Washington (UPI) Jun 21, 2017
When marine biologist Craig Downs first visited the turquoise-blue waters of Trunk Bay in the Virgin Islands National Park in St. John in 2005, he arrived on a crucial mission: Find out why the health of the park's coral reefs was declining.
Downs, part of a team of experts from the National Oceanic and Atmospheric Administration, the University of Central Florida and the University of ... more West Tabir, Indonesia (AFP) June 21, 2017Risky gold rush: Indonesia tackles illegal mining boom Firozabad, India (AFP) June 25, 2017Facing ruin, India's ancient glass artists blame the Taj Athens (AFP) June 22, 2017Athens rubbish piles up as Greeks protest contracts |
Tokyo (AFP) June 30, 2017 Three former executives from the operator of Japan's tsunami-stricken Fukushima nuclear plant went on trial Friday, the only people ever to face a criminal court in connection with the 2011 meltdowns that left swathes of countryside uninhabitable.
Ex-Tokyo Electric Power (Tepco) chairman Tsunehisa Katsumata, 77, and former vice presidents Sakae Muto, 66, and Ichiro Takekuro, 71, all pleaded ... more Beijing (AFP) June 27, 2017New landslide hits China disaster area New York (AFP) June 26, 2017Ex-NY mayor Bloomberg to grant $200 mln to US cities Washington (AFP) June 27, 2017US lists China among worst human trafficking offenders |
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