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Russia says it's doing more than it needs to for oil market balance![]() Washington (UPI) Sep 13, 2017 Russia is doing more than it needs to in order to move the level of oil on the market closer to the five-year average, state media reported Wednesday. The Organization of Petroleum Exporting Countries in January started implementing an agreement to curb production in an effort to draw the global level of crude oil inventories closer to the five-year average. Russia is the largest contributor to the agreement among non-OPEC members. "Russia in August fulfilled the agreement by 105 percent ... read more |
Gulf nations still at risk from spat with Qatar, Moody's saysWashington (UPI) Sep 13, 2017 The ongoing row between Qatar and its Gulf neighbors, many of which are OPEC members, is credit negative, Moody's Investors Service said. ... more
Oil prices rise on expectations of market balanceWashington (UPI) Sep 13, 2017 Crude oil prices were higher early Wednesday after the IEA said the level of oil and petroleum products on the market could dip below the five-year average. ... more
Blame game in Greece as oil spill spreads in Athens' Saronic gulfAthens (AFP) Sept 13, 2017 Greek officials traded accusations Wednesday after an oil spill from a sunken tanker drifted to other parts of the Saronic Gulf in Athens. ... more
IEA: Oil markets managed, but beware of the weatherWashington (UPI) Sep 13, 2017 Even though the sector was able to cope, the International Energy Agency said severe weather in the United States should serve as a warning for oil markets. ... more |
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Line 3 oil pipeline overhaul is necessary, Enbridge saysWashington (UPI) Sep 13, 2017 Pipeline company Enbridge said it disagreed with an assessment on an oil pipeline overhaul in Minnesota, saying demand levels warrant improvements. ... more
China's CEFC buys into Russian oil giant RosneftMoscow (AFP) Sept 8, 2017 Swiss commodities trader Glencore said Friday it is selling a major part of a stake it only recently acquired in Russian oil giant Rosneft to Chinese conglomerate CEFC. ... more
Libyan oil production back to normalWashington (UPI) Sep 8, 2017 Operations at the Sharara oil field in Libya, the country's largest, are back to normal following short-term "irregularities," an Austrian energy company said. ... more
Royal Dutch sees Brazilian counterpart as natural partnerWashington (UPI) Sep 12, 2017 Royal Dutch Shell said it formed a "true partnership of spirit" with a Brazilian company working in tough conditions in the country's deep waters. ... more
Oil-rich Norway struggles to beat its 'petroholism'Oslo (AFP) Sept 8, 2017 For climate reasons as much as economic prudence, Norway is trying to cut its dependence on oil, a godsend that has made the small Scandinavian country rich beyond its dreams - which is exactly what makes it hard to pass up. ... more
Despite storms, U.S. gas prices more or less steadyWashington (UPI) Sep 12, 2017 While regional volatility is extreme, gas prices at the national level are more or less steady despite the impact of severe U.S. weather, market analysis found. ... more |
![]() Demand improves, though oil inventories still high, OPEC says
Oil benchmarks pulled in two different directions by hurricanesWashington (UPI) Sep 11, 2017 The mixed impact from hurricanes in the United States left the U.S. and global benchmarks for crude oil moving in opposite directions early Monday. ... more
Review of TransCanada pipeline canceled for 30 daysWashington (UPI) Sep 11, 2017 An energy regulator in Canada announced it suspended its review of a pipeline planned for eastern Canadian markets at the request of TransCanada. ... more
Oil spill near Athens after tanker sinks: coastguardAthens (AFP) Sept 12, 2017 Emergency crews on Tuesday scrambled to contain an oil spill near Athens after a tanker sank close to Salamis island over the weekend, the coastguard said. ... more
Oil mixed, but erratic, on U.S. weather impacts and demand scenarioWashington (UPI) Sep 12, 2017 Crude oil prices posted slight gains early Tuesday after OPEC raised its expectations for demand growth, though a Kuwaiti bank warned against over-excitement. ... more |
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London, UK (SPX) Sep 13, 2017
Men build dams and huge turbines to turn the energy of waterfalls and tides into electricity. To produce hydropower on a much smaller scale, Chinese scientists have now developed a lightweight power generator based on carbon nanotube fibers suitable to convert even the energy of flowing blood in blood vessels into electricity. They describe their innovation in the journal Angewandte Chemie.
... more Cardiff UK (SPX) Sep 13, 2017Scientists make methanol using air around us Urbana IL (SPX) Sep 07, 2017Could switchgrass help China's air quality? Tokyo, Japan (SPX) Sep 04, 2017Reusable ruthenium-based catalyst could be a game-changer for the biomass industry |
Cambridge, UK (SPX) Sep 07, 2017 San Diego CA (SPX) Sep 07, 2017Engineers develop tools to share power from renewable energy sources during outages Washington (UPI) Sep 13, 2017Obama-era solar power program reaches goal early Zurich, Switzerland (SPX) Aug 28, 2017New records for the solar cell of tomorrow |
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Washington DC (SPX) Sep 13, 2017
Researchers have developed a new remote sensing instrument based on light detection and ranging (LIDAR) that could offer a simple and robust way to accurately measure wind speed. The detailed, real-time wind measurements could help scientists to better understand how hurricanes form and provide information that meteorologists can use to pinpoint landfall earlier, giving people more time to prepa ... more Washington DC (SPX) Sep 07, 2017Light-Based Method Improves Practicality and Quality of Remote Wind Measurements Washington (UPI) Sep 6, 2017Texas makes wind energy strides London (AFP) Sept 11, 2017UK wind electricity cheaper than nuclear: data |
Paris (AFP) Sept 13, 2017
Finnish utility TVO said Wednesday it would appeal the EU's approval of a bailout of Areva, saying it did not provide adequate guarantees the French nuclear giant would be able to complete construction of a reactor in Finland.
Areva, together with German engineering group Siemens, has been building in Finland since 2005 what was meant to be a showcase of next-generation nuclear power, but wh ... more Washington (UPI) Sep 6, 2017Jacobs JV wins support contract for nuclear research center Islamabad (AFP) Sept 8, 2017PM opens country's fifth nuclear power plant Beijing (AFP) Sept 1, 2017China and Brazil sign agreements on nuclear power |
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Durham NC (SPX) Sep 13, 2017
Many tropical or subtropical regions could see sharp increases in natural temperature variability as Earth's climate warms over coming decades, a new Duke University-led study suggests.
These local changes could occur even though Earth's global mean surface air temperature (GMST) is likely to become less variable, the study shows.
"This new finding runs counter to the popular notion ... more Washington (AFP) Sept 9, 2017Series of potent hurricanes stokes scientific debate Paris (ESA) Sep 07, 2017Italy's drought seen from space Austin TX (SPX) Sep 04, 2017Periodic table of ecological niches could aid in predicting effects of climate change |
San Francisco (AFP) Sept 13, 2017
Waymo's case against Uber over swiped self-driving car technology appeared headed for trial after an appeals court on Wednesday rejected a bid to steer it toward private arbitration.
A US federal appeals court upheld a lower court decision that an arbitration contract with a former Waymo employee at the heart of the case did not apply to the legal battle between Uber and the self-driving car ... more Washington (AFP) Sept 6, 2017US House passes bill to clear path for self-driving cars New York (AFP) Sept 6, 2017Post-Harvey Houston faces a car crunch Tokyo (AFP) Sept 14, 2017VW aims to sell 1.5 mln electric cars in China by 2025 |
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Al-Sagra, Irak (AFP) Sept 13, 2017
Iraqi forces backed by tribal fighters are manoeuvring into position in the western desert bordering Syria to launch an offensive against one of the last bastions of the Islamic State group.
The jihadist group has suffered a string of defeats on the battlefield that have left in tatters its "caliphate", three years after it was declared.
After driving IS out of Nineveh province earlier t ... more Baghdad (AFP) Sept 11, 2017Iraq holds 1,300 IS women, children: security official Mosul, Iraq (AFP) Sept 9, 2017Slow recovery for Iraq's Mosul after IS ouster Baghdad (AFP) Sept 10, 2017On the banks of the Tigris, a refuge for Iraqi readers |
Strasbourg, France (AFP) Sept 12, 2017 The European Union will enforce new UN sanctions over North Korea's nuclear programme while pressing ahead with work on fresh measures of its own, the bloc's diplomatic chief said Tuesday.
The UN Security Council on Monday unanimously backed new sanctions against Kim Jong-Un's regime, including restrictions on shipments of oil products, drawing an angry response from Pyongyang.
The move ... more United Nations, United States (AFP) Sept 12, 2017North Korea says will make US suffer over 'vicious' UN sanctions Buenos Aires (AFP) Sept 13, 2017Cancel Iran nuclear deal, Netanyahu says in Argentina Seoul (AFP) Sept 13, 2017N. Korea vows to boost weapons programmes after sanctions |
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Shenyang, China (AFP) July 15, 2017
The ashes of China's late Nobel laureate Liu Xiaobo were buried at sea on Saturday, depriving his supporters of a place to pay tribute to the pro-democracy dissident.
Officials showed a video in which his wife, Liu Xia, and relatives lowered a white round urn into the water off the northeastern coastal city of Dalian, two days after the democracy advocate died of liver cancer aged 61 while i ... more Hong Kong (AFP) Sept 7, 2017Student backlash in Hong Kong independence row Shanghai (AFP) Sept 6, 2017'Oldest jazz band' a constant in fast-modernising Shanghai Hong Kong (AFP) Sept 5, 2017Hanergy tycoon gets 8-year ban in Hong Kong |
Kinshasa (AFP) Aug 29, 2017
The UN said Tuesday that soldiers "forced entry" into its base in the volatile Kasai region of DR Congo aiming to arrest a journalist critical of President Joseph Kabila.
Journalist Edouard Diye Tshitenge had been planning to present a manifesto on Monday demanding the removal of Kabila, who has refused to step down despite constitutional limits.
But the general who heads operations in t ... more Luanda (AFP) Aug 23, 2017Angolans vote as Dos Santos ends 38-year rule Freetown (AFP) Aug 19, 2017Death toll in SLeone flood disaster reaches 441 Washington (UPI) Aug 21, 2017Africa Endeavor 2017 communications conference starts in Malawi |
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Paris, France (SPX) Sep 14, 2017
Inmarsat has confirmed that the European Aviation satellite has successfully completed in-orbit tests and is ready to support inflight internet services when the European Aviation Network (EAN) goes 'live' later this year. The satellite, built by France's Thales Alenia Space, was launched by Arianespace in June this year.
EAN is the world's first dedicated aviation connectivity solution to ... more Washington (UPI) Sep 7, 2017MD Helicopter contracted for 150 Cayuse Warriors for Afghan air force Washington (UPI) Sep 11, 2017Bahrain seeks new F-16Vs, upgrade of existing fighters Washington (UPI) Sep 12, 2017DynCorp receives $103.2 million contract for training aircraft maintenance |
Strasbourg, France (AFP) Sept 13, 2017
European Commission President Jean-Claude Juncker declared in a flagship speech Wednesday that "wind is back in Europe's sails" after last year's shock Brexit vote, an act he warned Britain would regret.
In his annual State of the Union address, Juncker urged the bloc to seize a "window of opportunity" and use the momentum from its recent economic recovery to become more deeply integrated th ... more New York (AFP) Sept 6, 2017Goldman Sachs halts advising work on HNA unit: source Beijing (AFP) Sept 8, 2017China export growth slows in August but imports pick up Strasbourg, France (AFP) Sept 13, 2017Juncker says 'wind back in Europe's sails' |
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Moscow (AFP) Sept 14, 2017 Russia on Thursday began major joint military exercises with Belarus along the European Union's eastern flank - a show of strength that has rattled nervous NATO members.
Named Zapad-2017 (West-2017), the manoeuvres, scheduled to last until September 20, are taking place on the territory of Moscow's closest ally Belarus, in Russia's European exclave of Kaliningrad and in its frontier Pskov a ... more Istanbul (AFP) Sept 12, 2017Turkey signs landmark Russian weapons deal Warsaw (AFP) Sept 12, 2017Poland's defence chief to hold talks in Paris on Wednesday Kiev (AFP) Sept 11, 2017Joint military drills begin in Ukraine as Russian war games loom |
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London (AFP) Sept 11, 2017
A UN report has slammed the UK for failing to tackle the "plague" of air pollution, while also warning of Brexit risks, ahead of the body's Human Rights Council opening Monday.
"Air pollution continues to plague the United Kingdom," read the report by United Nations expert Baskut Tuncak, to be presented at the rights council in Geneva which runs until September 29.
More than 40,000 prema ... more Phnom Penh (AFP) July 13, 2017Cambodia bans overseas exports of coastal sand Colombo (AFP) Sept 1, 2017Sri Lanka bans plastic after garbage crisis Bras�lia (AFP) Sept 1, 2017Brazil government freezes Amazon mining plans |
London (AFP) Sept 13, 2017 Britain on Wednesday announced an extra Pounds 25 million ($33.2 million, 27.2 million euros) in aid for its Caribbean territories devastated by Hurricane Irma, but lawmakers warned reconstruction efforts could be hampered by Brexit.
The self-governing territories of Anguilla and the British Virgin Islands were hard hit by the mega-storm that swept through the region last week, and London is deplo ... more Cox'S Bazar, Bangladesh (AFP) Sept 12, 2017Global split over Rohingya crisis as China backs Myanmar crackdown Geneva (AFP) Sept 12, 2017Thousands need shelter, healthcare in Caribbean after Irma: UN Washington (AFP) Sept 12, 2017US environmental regulators probe Arkema after explosions |
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