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OPEC's oil price forecast near a make-or-break point for U.S. shale![]() Washington (UPI) Oct 11, 2017 The price for crude oil next year should be around the so-called Goldilocks number for shale oil drillers in the United States, OPEC economists said. The Goldilocks scenario refers to a price point that's not so high that it encourages a strong drive in crude oil exploration and production, but not low enough to curtail capital spending and operations. Economists with the Organization of Petroleum Exporting Countries said in their monthly market report for October that the price for West ... read more |
Tullow sees quick path to production in Ivory CoastWashington (UPI) Oct 11, 2017 If the commercial potential exists in oil basins inland in Ivory Coast, it won't take long to put them into production, British energy company Tullow Oil said. ... more
Oil prices give tepid response to signs from OPEC on balanceWashington (UPI) Oct 11, 2017 Crude oil prices were slow out of the gate Wednesday, posting only minor gains after OPEC economists pointed to tighter market conditions ahead. ... more
House leadership supports U.S. offshore overhaulWashington (UPI) Oct 11, 2017 An offshore drilling act critics said was "wish list" legislation for the oil and gas industry was hailed as a strategic win by House Republican leadership. ... more
Oil prices move lower on ceiling warning from IEAWashington (UPI) Oct 11, 2017 Indications from the International Energy Agency that the oil market is brushing up against a ceiling sent crude oil prices sharply lower early Thursday. ... more |
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Production lower for one Norwegian energy companyWashington (UPI) Oct 11, 2017 Even though some of its assets posted new production, AkerBP said Thursday its third quarter production was lower than last year by 7.5 percent. ... more
Iranian energy companies lay out investment options in AmsterdamWashington (UPI) Oct 11, 2017 Iranian oil and natural gas companies said Wednesday they were among the hundreds on hand in the Netherlands to introduce investment opportunities to the world. ... more
Kurdish oil export payments continue after referendumWashington (UPI) Oct 11, 2017 Gulf Keystone became the second company in as many days to announce payments for oil exported from the Kurdish north of Iraq after its referendum. ... more
BNP Paribas says it will no longer back oilWashington (UPI) Oct 11, 2017 Paris-based global banker BNP Paribas said Wednesday it would no longer do business with companies tied to oil sands, shale development or Arctic campaigns. ... more
Cuban oil work moves toward exploration phasew/Washington (UPI) Oct 11, 2017 Geological surveys of an inland oil basin in Cuba are completed and work will now continue toward exploration drilling, an Australian energy company said. ... more
Chevron abandons Great Australian Bight drill plansSydney (AFP) Oct 13, 2017 Energy giant Chevron Friday joined BP in ditching plans to drill in the Great Australian Bight citing weak oil prices, with environmentalists urging other major players to follow suit. ... more |
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Shell focusing elsewhere in Brazil after leaving gas distribution partnershipWashington (UPI) Oct 11, 2017 Royal Dutch Shell said it was selling its stake in a Brazilian gas distribution company so it could better focus on other parts of the country's energy sector. ... more
French lawmakers back oil, gas production ban by 2040Paris (AFP) Oct 10, 2017 France's lower house of parliament gave its overwhelming backing Tuesday to a ban on producing oil and gas on French territory by 2040. ... more
Expect more U.S. oil on the global marketWashington (UPI) Oct 10, 2017 U.S. crude oil exports will likely increase in part because of the discount for the U.S. benchmark price for oil against other grades, an industry report found. ... more
Gas prices inching lower after hurricanesWashington (UPI) Oct 10, 2017 Even though 90 percent of the oil production in the Gulf of Mexico was idled by Hurricane Nate, U.S. motorists will hardly notice, motor club AAA said. ... more |
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Liverpool UK (SPX) Oct 09, 2017
Researchers from the University of Liverpool have made a significant breakthrough in the direct conversion of carbon dioxide (CO2) and methane (CH4) into liquid fuels and chemicals which could help industry to reduce greenhouse gas emissions whilst producing valuable chemical feedstocks.
In a paper published in chemistry journal Angewandte Chemie they report a very unique plasma synthesis ... more Berlin (AFP) Oct 9, 2017NGOs slam UN aviation agency plan for biofuels Ames IA (SPX) Oct 06, 2017Surrounded by potential: New science in converting biomass Washington DC (SPX) Oct 09, 2017A key step in synthetic fuel production from seawater patented by NRL |
Washington (UPI) Oct 11, 2017
French energy company Total said Thursday it was playing an active role in the decarbonization of the French economy with a push deeper into the solar market.
After a call for tenders, Total's solar power subsidiary said it was working through a partnership with agricultural services company Groupe Carré on 70 projects for solar polar installations on building and carports across Franc ... more Adelaide, Australia (AFP) Oct 12, 2017Flying Dutch win world solar car race in Australia Washington (UPI) Oct 5, 2017Statoil taps solar market in Brazil Moscow, Russia (SPX) Oct 09, 2017Scientists propose new way of increasing the efficiency of solar batteries |
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Stockholm, Sweden (SPX) Oct 10, 2017
In December 2015, IKEA Finland signed a purchase agreement with OX2 for 13 wind turbines in Kemi, northern Finland. All the terms of the agreement have now been met and IKEA Finland has taken ownership.
"The renewal of the Kemi Ajos wind farm has been an important project for us on our path to gain energy independence. The IKEA vision is to create a better everyday life for the many people ... more Miami (AFP) Oct 9, 2017Wind farms in Atlantic could power the world: study Washington (UPI) Sep 22, 2017Germany gets economic lift with wind energy Washington (UPI) Sep 20, 2017French energy company to build wind power sector in India |
Tokyo (AFP) Oct 10, 2017
Japan could have foreseen and avoided the 2011 Fukushima nuclear disaster, a court ruled on Tuesday, ordering the government and the power plant operator to pay damages to local residents.
The Fukushima district court's verdict was the second time the government has been ruled liable for the meltdown in eastern Japan, the world's most serious nuclear accident since Chernobyl in 1986.
The ... more Winston Salem NC (SPX) Oct 09, 2017New 'molecular trap' cleans more radioactive waste from nuclear fuel rods Paris (AFP) Oct 10, 2017French, Belgian nuke plants vulnerable to attack: Greenpeace Normandy, France (SPX) Oct 03, 2017Largest Nuclear Training Center In France Opens Its Doors |
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Berlin (AFP) Oct 11, 2017 Dismissed a decade ago as far-fetched and dangerous, schemes to tame global warming by engineering the climate have migrated from the margins of policy debate towards centre stage.
"Plan A" remains tackling the problem at its source. But efforts to sharply reduce greenhouse gas emissions have fallen woefully short and cannot, most scientists agree, avert catastrophic climate change on their ... more Washington (UPI) Oct 11, 2017British government unveils green spending plans Berlin (AFP) Oct 11, 2017As Paris climate goals recede, geoengineering looms larger Washington (UPI) Oct 10, 2017Cheaper to invest in climate change fight than to rebuild; EPA chief rolls back US plans |
San Francisco (AFP) Oct 12, 2017
Tesla on Thursday said that it is recalling Model X sport utility vehicles to fix second-row seat-backs which might shift forward during crashes.
Internal testing revealed that cables in second-row fold-flat seats in 2016 and 2017 model year vehicles might need to be adjusted to "ensure the safety" of those riding inside, a Tesla spokesperson said in an email response to an AFP inquiry.
... more Oslo (AFP) Oct 12, 2017Norway seeks 'Tesla tax' on electric cars San Francisco (AFP) Oct 11, 2017California to allow autonomous cars without driver Washington (UPI) Oct 5, 2017The U.S. needs at least twice as many charging points for EV |
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Moscow (AFP) Oct 10, 2017 Moscow accused the US on Tuesday of reducing air strikes against the Islamic State group in Iraq to let jihadists into Syria and fight the Russian-backed Syrian army, claims the Pentagon denied.
Russian military spokesman Igor Konashenkov said the Syrian regime was attempting to push the jihadists out of eastern Deir Ezzor province, but that arrivals from Iraq were boosting their numbers. ... more Paris (AFP) Oct 10, 2017Shock Iraq torture photos raise ethical dilemmas Karbala, Iraq (AFP) Oct 9, 2017Young Iraqi given shot at governor's job after internet challenge Mosul, Iraq (AFP) Oct 8, 2017Long-term truants make nervy school return in Iraq's Mosul |
Washington (AFP) Oct 12, 2017 Donald Trump will unveil a more aggressive strategy to check Iran's growing might Friday, withdrawing presidential backing for a landmark nuclear deal and targeting the country's missile program and militia proxies.
During a White House speech at 12:45 pm (1645 GMT), Trump is expected to declare a 2015 deal, which curbed Iran's nuclear program in return for massive sanctions relief, is no ... more Washington (AFP) Oct 12, 2017North Korea looms large as Trump's challenges Iran Washington (AFP) Oct 11, 2017Trump warns 'disgusting' press after nuke report Paris (AFP) Oct 11, 2017Iran says US opposing 'whole world'; Europe scrambles to save deal |
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Hong Kong (AFP) Oct 11, 2017
Hong Kongers have a duty to stand up for China over threats to its sovereignty, the territory's leader Carrie Lam said Wednesday, months after Beijing warned against any challenge to its control over the semi-autonomous city.
Lam, making her first policy address since she came to power earlier this year, skirted the subject of political reform as the city's pro-democracy forces contend with ... more Hong Kong (AFP) Oct 4, 2017Former Hong Kong leader appears in court over sandwich 'attack' Hong Kong (AFP) Oct 3, 2017Hong Kong democracy activist in court for throwing 'smelly' sandwich Hong Kong (AFP) Oct 1, 2017Hong Kong migrant mothers sing for their distant children |
Kigali (AFP) Oct 10, 2017
Rwanda's military has used asphyxiation, electric shock and mock executions to torture confessions out of detainees, Human Rights Watch said in a report published Tuesday.
The rights watchdog confirmed 104 cases of people being illegally detained and tortured in Rwandan military detention centres between 2010 and 2016, according to the 91-page report, which estimates the true figure is much ... more Paris (AFP) Oct 9, 2017New witness emerges over Rwandan genocide: French legal source Maiduguri, Nigeria (AFP) Oct 6, 2017Nigeria: Cooperation 'key' to defeating jihadists Niamey (AFP) Oct 5, 2017Three US Green Berets killed in Niger |
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Washington (AFP) Oct 11, 2017 Canadian Prime Minister Justin Trudeau on Wednesday warned US President Donald Trump that Canada would not make military buys from Boeing while the United States was targeting Canada's Bombardier with heavy import duties.
The US aerospace firm, claiming its competitor received unfair state subsidies, successfully petitioned the Trump administration to impose financial penalties on Bombardier ... more Sydney (AFP) Oct 12, 2017F-35 stealth fighter data stolen in Australia defence hack Washington (UPI) Oct 11, 2017Boeing KC-46A tankers exchange fuel mid-flight for first time Washington (UPI) Oct 5, 2017Navy T-45 crash renews concerns about the trainer aircraft |
Stockholm (AFP) Oct 9, 2017
The 2017 Nobel season wraps up Monday with the economics prize, which could this year honour fields rarely awarded by the committee, such as development economics or French economist Esther Duflo's research on poverty.
The Nobel Economics Prize was created by the Swedish central bank "in memory of Alfred Nobel" and first awarded in 1969, unlike the other prizes which were created in his last ... more Washington (UPI) Oct 9, 2017Researchers look for ancient trade routes at the bottom of the Mediterranean Strasbourg, France (AFP) Oct 3, 2017EU targets China with tough rules on cheap imports Beijing (AFP) Sept 30, 2017Chinese manufacturing accelerates for second straight month |
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Vilnius (AFP) Oct 11, 2017
Lithuania said Wednesday it would raise its defence spending to 2 percent of gross domestic product (GDP) next year to meet a NATO target amid security concerns over neighbouring Russia.
The government of the Baltic state formally endorsed a rise from the current 1.8 percent of GDP to 2.006 percent for 2018.
"In the light of the current global security situation, it is important that eac ... more Moscow (AFP) Oct 12, 2017Moscow accuses US of 'quietly' adding troops in Eastern Europe Brussels (AFP) Oct 11, 2017Ex-NATO chief urges allies to boost help for Ukraine Beijing (AFP) Oct 11, 2017China protests to US over sail-by in disputed waters |
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Copenhagen (AFP) Oct 11, 2017 Air pollution causes more than 500,000 premature deaths across Europe each year despite "slowly" improving air quality on the continent, the EU's environment authority said Wednesday.
Although data from the Copenhagen-based European Environment Agency (EEA) reveals some encouraging signs, in large part the result of new technologies, air pollution remains the leading environmental cause of ... more Washington (UPI) Oct 11, 2017Scientists trace path of inland plastic pollution from rivers to oceanw/ll Tipitapa, Nicaragua (AFP) Oct 5, 2017Polluted lake is poor Nicaraguans' lifeline Tokyo (AFP) Oct 4, 2017Olympics: Tokyo 2020 water venue polluted |
Washington (AFP) Oct 12, 2017 Donald Trump warned Thursday that his willingness to help hurricane-battered Puerto Rico was not unlimited, prompting a furious backlash, with the mayor of San Juan branding the president a "Hater in Chief."
Puerto Rico is struggling to recover after Hurricane Maria ripped through the island, leaving 44 people dead and cutting power and running water to much of its population, and its gover ... more New Delhi (AFP) Oct 9, 2017India's top court bans firecracker sales before Diwali Rio De Janeiro (AFP) Oct 10, 2017New military op in gang-plagued Rio favela Preston, United Kingdom (AFP) Oct 7, 2017Hurricane survivors swap Caribbean seas for English peas |
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