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Norway sells foreign currencies in petroleum-related move![]() Washington (UPI) Nov 30, 2017 The Norwegian central bank said Thursday it would sell foreign currency on behalf of the government through mid-December in petroleum-related activities. Norges Bank said it will sell the equivalent of $108 million per day up to and including Dec. 15. The bank explained that it purchases foreign currency and, if the government's cash flow from petroleum-related activities is more than the non-oil budget deficit, it transfers the foreign exchange to a government pension fund and sells the rest o ... read more |
Statoil takes stronger position in Argentina's shaleWashington (UPI) Nov 30, 2017 Norwegian energy company Statoil said it expanded its footprint in Argentina by becoming the operator at an area near one of the world's largest shale basins. ... more
OPEC expectations lift oil prices higherWashington (UPI) Nov 30, 2017 Expectations that OPEC will opt for a nine-month extension to a production cut agreement pushed oil prices higher, but gains were limited by nuance. ... more
Libyan PM asks for easing of arms embargoWashington (AFP) Nov 30, 2017 Libyan Prime Minister Fayez al-Sarraj on Thursday told US Defense Secretary Jim Mattis that he hopes a UN arms embargo can be eased. ... more
PHMSA: Keystone spill from damage during installationWashington (UPI) Nov 30, 2017 Mechanical damage from construction of a section of the Keystone pipeline in 2008 in South Dakota likely resulted in the latest release, a federal report found. ... more |
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Oil producers agree extension of output curbs: IraqVienna (AFP) Nov 30, 2017 Oil producer nations agreed Thursday to keep production curbs in place for another nine months until the end of 2018, Iraq's oil minister said after talks in Vienna. ... more
U.S. set to be net gas exporter for second year in a rowWashington (UPI) Nov 30, 2017 For the second year in a row, the United States is on pace to become a net gas exporter once the year is over, the federal government reported. ... more
Big audience expected for OPEC production meetingWashington (UPI) Nov 29, 2017 Russian media reported Wednesday that delegates from 10 countries not party to an OPEC production cut agreement are attending meetings to decide its fate. ... more
OPEC jitters offset U.S. GDP growthWashington (UPI) Nov 29, 2017 Acceleration in the U.S. economy from the second quarter wasn't enough to shake off the OPEC jitters that sent crude oil prices slightly lower on Wednesday. ... more
Bearish signs ahead for oil prices, but not too bearishWashington (UPI) Nov 29, 2017 There are bearish signals ahead for oil prices in part due to declining inventories, though anything above $65 per barrel is unlikely, Societe Generale said. ... more
Italian oil company Eni given drilling permit in AlaskaWashington (UPI) Nov 29, 2017 Letting a foreign energy company drill into the Arctic areas of Alaska is a twin insult from the Trump administration, an advocacy group said. ... more |
![]() Africa-focused Tullow Oil sees 2018 as a productive year
Oil-rich Alberta sees growth at 4 percentWashington (UPI) Nov 29, 2017 The oil-rich Canadian province of Alberta is leading the country in economic growth with all sectors on a clear acceleration trend, the finance minister said. ... more
Michigan tightens screws on pipeline company EnbridgeWashington (UPI) Nov 28, 2017 Michigan has zero tolerance for errors in the network of pipelines crossing its territory, state leaders said in announcing an agreement with Enbridge. ... more
Carbon capture is helped by oil revenue, but it may not be enoughLondon UK (SPX) Nov 28, 2017 The oil industry incentivises the development of carbon-capturing tech, but researchers say this will not reduce emissions to low enough levels. Carbon dioxide can be used to extract oil, acce ... more
Gas production accelerating in the BakkenWashington (UPI) Nov 28, 2017 Even though more crude oil than gas comes out of the Bakken shale in North Dakota, the pace of growth for gas is far greater, a federal report found. ... more |
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Santa Barbara CA (SPX) Nov 28, 2017
As we work to toward more sustainable ways of powering our lifestyles, there is a quest to bridge the gap between the carbon dioxide-emitting fossil fuels we rely on for our most basic needs, and the cleaner, but not yet economically feasible alternative technologies.
To that end, a group at UC Santa Barbara has explored methods by which currently cheap and abundant methane (CH4) can be re ... more Onna, Japan (SPX) Nov 22, 2017Cleaning Okinawan pig farm wastewater with microbial fuel cells Sao Paulo, Brazil (SPX) Nov 29, 2017Brazilian ethanol can replace 13 percent of global crude oil consumption St. Louis MI (SPX) Nov 22, 2017The water world of ancient photosynthetic organisms |
Zagtouli, Burkina Faso (AFP) Nov 29, 2017
Burkina Faso and France on Wednesday launched West Africa's biggest solar farm, a 33-megawatt facility designed to power tens of thousands of households and ease dependence on imported energy.
The 55-hectare (135-acre) outside the Burkinabe capital Ouagadougou, has an annual capacity equivalent to five percent of national production, according to the national power firm SONABEL.
Its 47.5 ... more San Diego CA (SPX) Nov 28, 2017Improving solar cells by watching atoms move in hybrid perovskite crystals Toronto, Canada (SPX) Nov 22, 2017Artificial photosynthesis gets big boost from new catalyst Saint Petersburg, Russia (SPX) Nov 21, 2017Glass microparticles enhance solar cells efficiency |
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Washington (UPI) Nov 30, 2017
U.S. federal data show installed wind turbines are taller and more efficient than in the past, though hydroelectric power still holds a slight edge.
The U.S. Energy Information Administration found that the average height and power generating capacity for wind turbines installed in the country are taller and more efficient that in years past.
"Since 2012, the average height of wi ... more Washington (UPI) Nov 22, 2017New wind farm in service off the British coast Washington (UPI) Nov 15, 2017End tax credits for wind energy, Tennessee Republican says Washington (UPI) Oct 26, 2017New York sets high bar for wind energy |
Mounana, Gabon (AFP) Nov 29, 2017
"We are all sick. It's our health, and we are being conned," Moise Massala says angrily.
The 82-year-old is a retired geochemist who used to work in a uranium mine in Gabon owned by French nuclear giant Areva.
He and hundreds of other former workers say they fell ill from their work to extract the uranium - a source of nuclear power and warheads, but toxic and potentially carcinogenic. ... more Ostrovets, Belarus (AFP) Nov 26, 2017Belarus nuclear power plant stirs fears in Lithuania Charlotte NC (SPX) Nov 22, 2017Lightbridge and AREVA NP Sign Agreements to Immediately Advance Fuel Development London (AFP) Nov 22, 2017UK made grave errors over Hinkley nuclear project: MPs |
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Berlin (AFP) Nov 30, 2017
A German court ruled Thursday that it would hear a Peruvian farmer's case against energy giant RWE over climate change damage in the Andes, a decision labelled by campaigners as a "historic breakthrough".
Farmer Saul Luciano Lliuya's case against RWE was "well founded," the court in the northwestern city of Hamm said in a statement.
Lliuya argues that RWE, as one of the world's top emitt ... more Washington (UPI) Nov 29, 2017Europe backing climate ambitions with capital Washington (UPI) Nov 27, 2017Canada to explore trade, climate change fight, with China Sale, Morocco (AFP) Nov 24, 2017Moroccans pray for rain as 'mercy from God' |
Oslo (AFP) Nov 23, 2017
Norway, a world leader of zero-emission vehicles, has abandoned plans for a proposed "Tesla tax", a controversial measure that would have cut a tax rebate granted to heavy electric cars.
Plans for the tax, which was to have entered into force in 2018, were halted after a budget compromise was reached between the right-wing government and its centre-right allies, which they presented on Wedne ... more Washington (AFP) Nov 28, 2017SoftBank offer for Uber shares to cut valuation: reports Shanghai (AFP) Dec 1, 2017Traffic-weary Chinese man fined for repainting road lines London (AFP) Nov 23, 2017Driverless, electric future just round the corner for urban cars |
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Rome (AFP) Nov 30, 2017 Iraq told the international community on Thursday it was "owed" a Marshall Plan after defeating the Islamic State group and a jihadist army of soldiers from more than 100 different countries.
"We are calling for a Marshall Plan to help us with the reconstruction," Foreign Minister Ibrahim al-Jaafari said at a conference in Rome. "The world owes us that".
The multi-billion dollar Marshall ... more Riyadh (AFP) Nov 30, 2017Britain's May tours Mideast amid Islam row with Trump Baghdad (AFP) Nov 28, 2017Iraqis throng to Picasso in Baghdad Baghdad (AFP) Nov 24, 2017Baghdad cafe marks 100 years as intellectual hub |
New York (AFP) Dec 1, 2017
A Turkish-Iranian gold trader testifying at trial in New York on Thursday implicated Turkey's President Recep Tayyip Erdogan in a multi-billion-dollar gold-for-oil scheme allegedly designed to subvert US sanctions on Iran.
Reza Zarrab, 34, who was arrested in Miami in 2016 before agreeing to cooperate with US prosecutors, implied that Erdogan knew how he and a Turkish banker, now on trial, c ... more United Nations, United States (AFP) Nov 29, 2017US calls for isolation of NKorea after missile test Seoul (AFP) Nov 30, 2017North Korea's new missile: Pyongyang vs the analysts Rason, North Korea (AFP) Nov 30, 2017N. Korea trade sanctions bite on borders with China, Russia |
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Beijing (AFP) Dec 1, 2017
A 63-year-old Tibetan monk has self-immolated in southwest China in protest against Beijing's presence in Tibet, campaigners said, the fifth person to do so this year.
Tenga, a popular monk and volunteer teacher of village children, died after setting himself ablaze Sunday in Sichuan province's Ganzi Tibetan Autonomous Prefecture, said the International Campaign for Tibet (ICT), headquarter ... more Shanghai (AFP) Nov 28, 2017Shanghai schools fly the flag for China's next generation Beijing (AFP) Nov 28, 2017Chinese general kills himself after facing graft probe Taipei (AFP) Nov 27, 2017Different strokes: Taiwan's creative campaign for traditional characters |
Bamako (AFP) Nov 28, 2017
Mali's justice minister resigned late Monday following the acquittal of a popular radio presenter and activist who alleged that the president and top military leaders were failing to keep the country secure.
No official reason was given for Mamadou Ismael Konate's abrupt departure from the government, but a source close to the minister told AFP his decision was "related to the Ras Bath case" ... more Abidjan (AFP) Nov 28, 2017Cash and history keep Europe as Africa's prime partner Beijing (AFP) Nov 27, 2017China hails new Zimbabwe leader, denies role in transition Marrakesh, Morocco (AFP) Nov 27, 2017China taps Africa at Morocco Silk Road investment forum |
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New Delhi (Sputnik) Nov 29, 2017
Any new fighter jet procurement deal by Indian Air Force would require the foreign vendor to set up a production line in India - a time taking process. In this backdrop, HAL's claim that it can immediately start co-producing the FGFA with Russia from existing facility holds immense significance.
India's state-owned defense aircraft manufacturer Hindustan Aeronautics Limited (HAL) has said ... more Washington (UPI) Nov 28, 2017Lockheed awarded $37.7M contract for F-35 software conversions Denpasar, Indonesia (AFP) Nov 29, 2017Indonesia re-opening Bali airport shut by volcanic ash Beijing (AFP) Nov 23, 2017China's Okay Airways orders five Boeing Dreamliners for $1.4 bn |
Beijing (AFP) Nov 29, 2017
China on Wednesday warned it would take the "necessary measures" to protect its businesses after the United States launched a new trade probe into China's possible aluminium dumping.
The investigation into imports of aluminium sheet worth hundreds of millions of dollars a year was an unusually aggressive move by the United States.
For the first time since 1991, the US Commerce Department ... more Beijing (AFP) Nov 30, 2017China factory activity accelerates in November Belfast (AFP) Nov 28, 2017In Ireland, Brexit border risk awakens ghosts of the Troubles Washington (AFP) Nov 28, 2017Fresh US probe of Chinese aluminum imports ups ante with Beijing |
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Washington (AFP) Nov 28, 2017
Secretary of State Rex Tillerson re-committed the United States to opposing Moscow's "aggression" against its neighbors Tuesday and vowed to help Europe wean itself off Russian oil and gas.
Next week Washington's top diplomat will attend ministerial meetings of the NATO alliance in Brussels and the Organization for Security and Cooperation in Europe (OSCE) in Vienna.
At both sets of talk ... more Washington (AFP) Dec 1, 2017US battles for global push on N.Korea amid Russia, China doubts Ankara (AFP) Nov 30, 2017Turkey detains 50 over links to group blamed for coup bid Istanbul (AFP) Nov 29, 2017Turkish police move to arrest 333 soldiers over Gulen links |
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Warwick UK (SPX) Nov 29, 2017
The smallest microplastics in our oceans - which go largely undetected and are potentially harmful - could be more effectively identified using an innovative and inexpensive new method, developed by researchers at the University of Warwick.
New research, led by Gabriel Erni-Cassola and Dr. Joseph A. Christie-Oleza from Warwick's School of Life Sciences, has established a pioneering way to ... more Hanoi (AFP) Nov 27, 2017Vietnam jails activist for 7 years over toxic leak protests Tabarja, Lebanon (AFP) Nov 26, 2017Clean-up dives, recycling: Lebanese respond to garbage crisis Omoa, Honduras (AFP) Nov 24, 2017'Trash islands' off Central America indicate ocean pollution problem |
Beijing (AFP) Nov 29, 2017
Two dozen police swept through the pitch-black frigid hallways of tenement buildings in a ramshackle neighbourhood of northern Beijing, posting eviction notices on every door with heavy thumps of their fists.
The blunt warning gave residents just six hours to pack up and leave, as part of a city-wide campaign that has thrown throngs of migrant workers onto the freezing streets in recent days ... more Moscow (AFP) Nov 24, 2017Russia opens commission into 'nuclear incident' report Beijing (AFP) Nov 28, 2017Seven 'trapped' after cargo ships collide off south China Shanghai (AFP) Nov 28, 2017China port city blast caused by illegal explosives: police |
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