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Norway's Statoil takes first steps into Argentina's lauded shale![]() Washington (UPI) Aug 25, 2017 Norwegian energy company Statoil said Friday it signed an agreement with Argentine company YPF to explore parts of the "world-class" Vaca Muerta shale basin. Statoil under the terms of the agreement took a 50 percent stake in the Bajo del Toro exploration permit in the Neuquén Basin alongside YPF. The Norwegian company said it would fund all of the costs associated with activities in the region. This is the first formal step for Statoil into one of the largest unconventional oil and nat ... read more |
Harvey pushing market prices for oil higherWashington (UPI) Aug 25, 2017 Crude oil prices moved higher Friday as Hurricane Harvey moved closer to the southern Texas coast and threatened production and refinery operations. ... more
Norway wants tech-savvy companies offshoreWashington (UPI) Aug 25, 2017 An energy regulator in Norway, one of the world's top producers, said it was keen on utilizing new knowledge to tap into the million of barrels left offshore. ... more
Venezuelans learn to shoot, fight at war drills to defy TrumpCaracas (AFP) Aug 26, 2017 Venezuelan troops taught civilians how to shoot rifles, fire missiles and engage in hand-to-hand combat during drills held Saturday in defiance of US sanctions and President Donald Trump's threat of military action. ... more
British foreign minister visits oil-rich LibyaWashington (UPI) Aug 25, 2017 A NATO member with a legacy of energy-related interests, the British government said it was working to ensure Libya evolves as a safe and stable partner. ... more |
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Harvey forces ExxonMobil to close Baytown refining complexWashington (AFP) Aug 27, 2017 US petroleum giant ExxonMobil said Sunday it was temporarily closing its enormous refinery in Baytown, Texas, after flooding caused by monster storm Harvey had led to "operational issues." ... more
Kuwait says oil shipments to China stableWashington (UPI) Aug 25, 2017 Though overall Chinese imports of crude oil jumped more than 10 percent, OPEC-member Kuwait said its exports to the second-largest economy remained stable ... more
Multimillion dollar drilling campaign envisioned for Guinea-BissauWashington (UPI) Aug 24, 2017 West Africa-focused energy company FAR Ltd. said it increased its leverage over a multi-million barrel prospect offshore Guinea-Bissau. ... more
OPEC backed into a corner, Texas economist saysWashington (UPI) Aug 24, 2017 With U.S. crude oil production on the rise, it's clear the production agreement from OPEC hasn't worked as intended, an economist in Texas said. ... more
Shareholders in the money as PetroChina first-half profit soarsShanghai (AFP) Aug 25, 2017 China's biggest oil producer PetroChina said a pick-up in oil prices helped net profit skyrocket more than 2,000 percent in the first half, and that it was giving the entire windfall to shareholders via a cash dividend. ... more
OPEC's all-options strategy not enough to lift the price of oilWashington (UPI) Aug 24, 2017 Oil prices fell flat early Thursday as questions about OPEC's efforts to balance the market overshadowed possible U.S. offshore production issues. ... more |
![]() Venezuela's Maduro calls for military loyalty after US threat
Kurdish oil export payments boost DNO's performanceWashington (UPI) Aug 24, 2017 Revenues for the first half of the year were up more than 40 percent from last year in part because of export payments from the Kurdish north of Iraq, DNO said. ... more
Iran secures 8-bln euro loan from Korea EximbankTehran (AFP) Aug 24, 2017 Iran has secured an eight-billion euro credit line from South Korea's Eximbank, the Islamic republic's biggest loan deal since its 2015 nuclear accord, the Iranian central bank announced Thursday. ... more
Gulf platforms shut in, cleared ahead of HarveyWashington (UPI) Aug 24, 2017 After clearing staff from four Gulf of Mexico installations, Anadarko Petroleum said it shut down operations until threats from Tropical Storm Harvey clear. ... more
Oil-rich Alberta shows early signs of economic recoveryWashington (UPI) Aug 24, 2017 The provincial economy in oil-rich Alberta is expected to grow faster than expected, though some metrics paint a mixed picture of the recovery, data show. ... more |
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Zurich, Switzerland (SPX) Aug 23, 2017
Many chemists are currently researching how small carbon molecules, such as methane and methanol, can be used to generate larger molecules. The earth is naturally rich in methane, and artificial processes like the fermentation of biomass in biogas plants also produce it in abundance.
Methanol can be generated from methane. Both are simple molecules containing only a single carbon atom. How ... more New York NY (SPX) Aug 23, 2017Cyborg bacteria outperform plants when turning sunlight into useful compounds San Diego CA (SPX) Aug 23, 2017Stretchable biofuel cells extract energy from sweat to power wearable devices University Park PA (SPX) Aug 21, 2017Potato waste processing may be the road to enhanced food waste conversion |
Washington (UPI) Aug 23, 2017
Stanford scientists outline the infrastructure changes needed to make 139 countries powered 100 percent by wind, water and solar energy by 2050.
A transition of this kind could mean less worldwide energy consumption due to the efficiency of clean, renewable electricity - leading to a net increase of more than 24 million long-term jobs, an annual decrease in 4 to 7 million deaths relate ... more Sunnyvale CA (SPX) Aug 24, 2017Audi Cooperates with Alta Devices on Automobiles with Solar Roofs Washington (UPI) Aug 22, 2017Renewables could bring balance to India's economic growthw. Washington DC (SPX) Aug 28, 2017More solar power thanks to titanium |
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Washington (UPI) Aug 24, 2017
German energy company E.ON said Thursday it laid the first of the 60 foundations for a wind farm development in national waters of the Baltic Sea.
The German company said it's deploying the 60 so-called monopiles about 25 miles offshore. Foundations for a common substation were installed last month and the entire project could start generating energy for German consumers by 2019.
... more La Ventosa, Mexico (AFP) Aug 19, 2017Wind energy blows up storm of controversy in Mexico Washington (UPI) Aug 21, 2017U.S. extends wind energy taproots into Zambia Richland WA (SPX) Aug 16, 2017Night vision for bird- and bat-friendly offshore wind power |
Tokyo (AFP) Aug 24, 2017
Tokyo Electric Power Co Holdings said Thursday it faces another US lawsuit over the 2011 Fukushima nuclear disaster, with the latest one demanding at least $5 billion in compensation.
A total of 157 US residents who were supporting Fukushima victims at the time filed the class action suit in a California district court earlier this month against the utility known as Tepco and a US company. ... more Abu Dhabi (AFP) Aug 21, 2017UAE nuclear programme edges toward 2018 launch Paris, France (SPX) Aug 21, 2017129I waste used to track ocean currents for 15,000 km after discharge from nuclear plants Washington DC (SPX) Aug 16, 2017Analysis highlights failings in US's advanced nuclear program |
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Paris (SPX) Aug 21, 2017
New data provides the first proof that the Earth has a natural thermostat which enables the planet to recover from extremes of climate change - but the recovery timescales are significant. This work was presented at the Goldschmidt conference in Paris, and has just been published in the peer-reviewed journal Geochemical Perspectives Letters*.
The idea of a natural temperature thermostat wa ... more Washington DC (SPX) Aug 17, 2017Incomplete drought recovery may be the new normal Washington (UPI) Aug 17, 2017Asian Development Bank finds new climate finance stream Washington (UPI) Aug 14, 2017Heat map showcases extreme temperatures in Southern Europe |
Manila (AFP) Aug 26, 2017
Uber said Saturday it expects to resume operations in the Philippines "soon" after regulators agreed to lift a ban slapped against the American ride-sharing giant in exchange for a fine.
The government meted Uber a one-month suspension on August 14 following a tussle over driver permits, sparking public outrage as some 66,000 vehicles were forced off the streets.
Hundreds of thousands o ... more Detroit (AFP) Aug 25, 2017Former VW engineer gets 40 months in 'dieselgate' scandal New York (AFP) Aug 25, 2017addressing battery glitch in small number of Chevy Bolts Beijing (AFP) Aug 23, 2017Great Wall shares slide as Fiat Chrysler hopes dampened |
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Tal Afar, Iraq (AFP) Aug 27, 2017 Iraqi forces backed by local militia and a US-led coalition were poised Sunday to drive the Islamic State group from the city of Tal Afar, dealing another blow to the jihadists.
Just a week after authorities announced an offensive to push the jihadists from one of their last major urban strongholds in Iraq, the Joint Operations Command said Iraqi forces held all 29 districts of the city and ... more Tal Afar, Iraq (AFP) Aug 24, 2017Iraqi forces hope for quick victory over IS in Tal Afar Tal Afar, Iraq (AFP) Aug 23, 2017Iraqi forces advance towards heart of IS-held bastion Tal Al-Hessan, Iraq (AFP) Aug 21, 2017Iraqi forces close in on IS-held Tal Afar |
Washington (UPI) Aug 22, 2017
Boeing and Northrop Grumman have received $349.2 million and $328.6 million contracts respectively for the development of the Ground Based Strategic Deterrent replacement for the LGM-30G Minuteman III ballistic missile.
The contracts are to run until Aug. 20, 2020, when one of the two companies will be selected to finish the program. Boeing, Northrop Grumman and Lockheed Martin have all ... more Seoul (AFP) Aug 23, 2017N.Korea's Kim 'starting to respect US': Trump Washington (UPI) Aug 24, 2017Lockheed, Raytheon receive contracts for nuclear cruise missile Sacramento CA (SPX) Aug 24, 2017Aerojet Rocketdyne providing propulsion support for Ground Based Strategic Deterrent |
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Hong Kong (AFP) Aug 25, 2017
Two Hong Kong independence activists saw their final bid to appeal the decision that ousted them from parliament thrown out by the city's top court on Friday.
Yau Wai-ching and Baggio Leung had won seats in citywide polls last September, but were ousted from Hong Kong's legislative council for taking improper oaths.
They belong to a new movement calling for a complete split from China f ... more Beijing (AFP) Aug 25, 2017Beijing bricks up shops: Beauty or 'hideous' Beijing (AFP) Aug 27, 2017On Chinese Valentine's Day, businesses woo 'single dogs' Shenyang, China (AFP) July 15, 2017Chinese dissident Liu Xiaobo's ashes buried at sea |
Luanda (AFP) Aug 23, 2017
Angolans voted on Wednesday in an election marking the end of President Jose Eduardo dos Santos's 38-year reign, with his MPLA party set to retain power despite an economic crisis.
The MPLA, which has ruled since Angola's independence from Portugal in 1975, is expected to defeat opposition parties stifled by Dos Santos's authoritarian regime.
Dos Santos's unexpected retirement - reporte ... more Freetown (AFP) Aug 19, 2017Death toll in SLeone flood disaster reaches 441 Washington (UPI) Aug 21, 2017Africa Endeavor 2017 communications conference starts in Malawi New Delhi (AFP) Aug 12, 2017Dalai Lama cancels Botswana trip with 'exhaustion' |
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Jerusalem (AFP) Aug 27, 2017
Israel has finalised a deal to purchase 17 more F-35 stealth fighters in addition to 33 of the ultra-high-tech jets already ordered, the defence ministry said Sunday.
Israel has already taken delivery of five of the jets, made by US-based Lockheed Martin and the most expensive in history, beginning in December.
The aim of the purchase is to allow Israel to maintain its military superiori ... more Washington (UPI) Aug 24, 2017Boeing receives $222.5M contract for Chinook helicopters for Saudi Arabia Washington (UPI) Aug 24, 2017L-3 receives $173M contract for T-45 trainer testing Washington (UPI) Aug 23, 2017Military contractor rescued after ejecting during a Navy training exercise |
Jerusalem (AFP) Aug 27, 2017
Former technology executive Dotan Goshen carefully arranges some melons at the bottom of a crate, followed by courgettes, tomatoes and lettuce.
With a smile of satisfaction, he contemplates his "organic basket" ready to be delivered to a customer.
Goshen, a graduate of Israel's prestigious Technion technological institute, made a dramatic change of course after his boss called him at hom ... more Washington (UPI) Aug 18, 2017Archaeologists discover ancient trade routes in Vietnam London (AFP) Aug 24, 2017Britain's poetic shipping forecast turns 150 Beijing (AFP) July 18, 2017China's Xi calls for more imports and more 'open economy' |
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Colombo (AFP) Aug 23, 2017
Sri Lankan President Maithripala Sirisena sacked his controversial justice minister Wednesday for speaking out against a billion-dollar deal to sell a stake in a loss-making deep sea port to China.
Wijeyadasa Rajapakshe had publicly denounced the government's $1.1 billion sale last month of a 70 percent stake in Hambantota port to state-owned China Merchants Port Holdings.
"He (Rajapaksh ... more Beijing (AFP) Aug 24, 2017China slams reported Indian road project on border Warsaw (AFP) Aug 25, 2017NATO chief demands Russian 'transparency' on war games Beijing (AFP) Aug 25, 2017US Navy collisions a propaganda windfall for China |
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Gaza City, Palestinian Territories (AFP) Aug 26, 2017
The death of a little boy after swimming in polluted seawater has put the spotlight on Gaza's pollution crisis and the human impact of desperate electricity shortages in the Palestinian enclave.
Mohammed al-Sayis, five, died late last month a few days after swimming in the sewage-polluted waters, with his brothers also hospitalised, his family and health ministry said.
Dozens of others h ... more Miami (AFP) Aug 23, 2017Arsenic in Pakistan groundwater 'alarmingly high': study Phnom Penh (AFP) July 13, 2017Cambodia bans overseas exports of coastal sand Mumbai (AFP) Aug 22, 2017Indian factory shut for dumping dye after dogs turn blue |
Rome (AFP) Aug 23, 2017
As Italy reels from another earthquake, experts warned Wednesday that widespread illegal construction is putting millions across the country at risk of being killed.
The tremor that shook the island of Ischia on Monday, toppling houses and killing two women, has sparked much soul-searching in a country with a weakness for rule-breaking - particularly when it comes to building or renovating ... more Ouagadougou (AFP) Aug 27, 2017Eight killed in landslide at Burkina gold mine Bondo, Switzerland (AFP) Aug 25, 2017Searches resume for 8 missing in Swiss Alps landslide New Delhi (AFP) Aug 24, 2017Death toll from South Asia flooding tops 1,000 |
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