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Norway's oil fund wants to divest from oil![]() ![]() Oslo (AFP) Nov 16, 2017 Norway's sovereign wealth fund, which is fuelled by the state's oil revenues, wants to divest its oil and gas holdings, the Norwegian central bank which manages the fund said Thursday. In a letter to the government, the bank said that if the world's largest sovereign wealth fund - commonly referred to as the "oil fund" - were to divest its oil and gas shares, Norway would be less vulnerable to a lasting decline in oil prices. The Scandinavian country is western Europe's biggest oil and gas pro ... read more |
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![]() Washington (UPI) Nov 16, 2017 Opening up an Arctic wildlife refuge to drillers is either a sellout to the oil industry, or a symbolic win for the economy, depending on one's position. ... more ![]() ![]() Washington (UPI) Nov 16, 2017 The potential for more oil production from several basins, and a call from Norway's central bank to divest from energy stocks, pulled oil prices lower Thursday. ... more ![]() ![]() Washington (UPI) Nov 16, 2017 The sale of oil from the Bakken shale basin in North Dakota is in fact a "new reality," so long as market conditions are right, an analyst said. ... more ![]() ![]() Washington (UPI) Nov 16, 2017 Oklahoma Gov. Mary Fallin said she'd rather vote again on a previous plan to close a budget gap over what passed out of the state House for the shale-rich state. ... more |
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Previous Issues | Nov 16 | Nov 15 | Nov 14 | Nov 13 | Nov 12 |
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![]() Washington (UPI) Nov 16, 2017 Oil production from the Maria field in the Norwegian Sea will start nearly a year ahead of schedule and at a reduced cost, a national regulator said Thursday. ... more ![]() ![]() Washington (UPI) Nov 16, 2017 New oil production is on pace to start in December from a floating production facility off the east coast of Scotland, Premiere Oil said Thursday. ... more ![]() ![]() Bonn (AFP) Nov 15, 2017 Continued investment in fossil fuel would deliver "an unsustainable future", UN chief Antonio Guterres warned Wednesday, saying time was running out to prevent calamitous climate change caused by atmosphere-fouling emissions. ... more ![]() ![]() Washington (UPI) Nov 14, 2017 Unless OPEC agrees to cut more production, output from non-member states will leave the market in surplus and limit the rally in oil prices, the IEA said. ... more ![]() ![]() Moscow (AFP) Nov 15, 2017 Venezuela signed a debt restructuring deal with major creditor Russia on Wednesday, a diplomatic source told AFP, as ratings agencies declared Caracas in partial default. ... more ![]() ![]() Hong Kong (AFP) Nov 15, 2017 Asian energy firms extended a global sell-off Wednesday, dragging regional equity markets, as oil prices continued to tumble on the back of warnings of slowing demand and rising stockpiles. ... more |
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![]() ![]() Oil prices move lower in Russian fence-sitting ![]() ![]() Washington (UPI) Nov 15, 2017 Tax revenue generated from the sale of crude oil and oil products increased more than 80 percent from last year, the Central Bank of Iran reported Wednesday. ... more ![]() ![]() Washington (UPI) Nov 15, 2017 Russian oil producer Gazprom Neft said its net profit over the first nine months was up more than 25 percent, while output increased about 5 percent. ... more ![]() ![]() Washington (UPI) Nov 15, 2017 A national defense measure passed in the U.S. House of Representatives aims to promote energy trade in Europe as a means to contain Russia. ... more ![]() ![]() Madrid (AFP) Nov 15, 2017 A court awarded the Spanish state 1.6 billion euros ($1.9 billion) in damages on Wednesday over the 2002 Prestige oil spill, one of Europe's worst environmental disasters. ... more |
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![]() Berkeley CA (SPX) Nov 15, 2017 ![]() ![]() ![]() Desert solar to fuel centuries of air travel ![]() ![]() Sandia speeds transformation of biofuel waste into wealth ![]() ![]() Study identifies additional hurdle to widespread planting of bioenergy crops |
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![]() Tempe AZ (SPX) Nov 15, 2017 ![]() ![]() ![]() Recurrent Energy secures debt financing for 20 MW California solar project ![]() ![]() Sunny future for renewables thanks to China: IEA ![]() ![]() Butterfly wing inspires photovoltaics that could triple light absorption |
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![]() Washington (UPI) Nov 15, 2017 ![]() ![]() ![]() New York sets high bar for wind energy ![]() ![]() Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project ![]() ![]() A kite that might fly |
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![]() Tokyo, Japan (SPX) Nov 15, 2017 ![]() ![]() ![]() France backtracks on nuclear power reduction target ![]() ![]() AREVA NP introduces FORERUNNER robot to optimize steam generator inspections ![]() ![]() Nuclear energy programs may not increase likelihood of proliferation |
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![]() Exeter UK (SPX) Nov 15, 2017 ![]() ![]() ![]() World leaders plead for climate action at UN forum ![]() ![]() Climate envoy slams rejection of Paris deal; WH says US will cut on own terms ![]() ![]() Merkel, Macron to front diplomatic push at UN climate talks |
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![]() Beijing (AFP) Nov 16, 2017 ![]() ![]() ![]() Lyft takes Uber challenge north to Canada ![]() ![]() Tesla unveils its all-electric semi truck ![]() ![]() Horrific highway pile-up kills 18 in China |
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![]() Al-Obeidi, Irak (AFP) Nov 13, 2017 ![]() ![]() ![]() Iraq forces launch assault on last IS-held pocket ![]() ![]() IS recaptures last Syrian urban bastion in fierce fightback ![]() ![]() Millions mark key Shiite commemoration in Iraq holy city |
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![]() Tokyo (AFP) Nov 16, 2017 ![]() ![]() ![]() Senate panel debates US president's nuclear authority ![]() ![]() North Korean soldier stable, but riddled with parasites ![]() ![]() Singapore suspends trade ties with North Korea |
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![]() Beijing (AFP) Nov 15, 2017 ![]() ![]() ![]() Activists renew push for Hong Kong independence ![]() ![]() Trump praises China's 'highly respected' Xi ![]() ![]() Gay Chinese tourists flock to Thailand for fun, acceptance |
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![]() Blacksburg VA (SPX) Nov 16, 2017 ![]() ![]() ![]() Climate change and neglect threaten Senegal's Saint Louis ![]() ![]() Army takes over Zimbabwe: What we know ![]() ![]() Amnesty warns companies on child labour in DRCongo cobalt mining |
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![]() Washington (UPI) Nov 16, 2017 ![]() ![]() ![]() Navy contracts with Bell Helicopter for two AH-1Z Vipers ![]() ![]() British-built Hawk training jets to be maintained by BAE ![]() ![]() NASA Embraces Urban Air Mobility, Calls for Market Study |
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![]() Beijing (AFP) Nov 16, 2017 ![]() ![]() ![]() EU parliament toughens law to limit cheap Chinese imports ![]() ![]() Watchdog warns of 'high risk' digital currency offers ![]() ![]() US industrial output rises as hurricane hit reverses |
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![]() Manila (AFP) Nov 14, 2017 ![]() ![]() ![]() Duterte says Philippines owes China 'debt of gratitude' ![]() ![]() Trump hails 'fantasic job' on Asia tour, but ends it abruptly ![]() ![]() US attorney general slams 'epidemic' of leaks to media |
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![]() Moradabad, India (AFP) Nov 15, 2017 ![]() ![]() ![]() Delhi half-marathon to go ahead despite smog, court rules ![]() ![]() Interactive map shows air quality in real time across Europe ![]() ![]() Sulfur dioxide emissions plunge across China as India's soars |
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![]() McLean, VA (SPX) Nov 17, 2017 ![]() ![]() ![]() Dimming Sun's rays to cool planet will affect storms too: study ![]() ![]() UN urges end to Myanmar attacks against Rohingya ![]() ![]() 15,000 scientists say threats to planet now 'far worse' |
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