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Texas energy sector ends the year with optimism![]() Washington (UPI) Dec 29, 2017 The energy sector in Texas is leaving 2017 on a high note, though oil prices will need to be higher than expected for strong rig counts, a bank survey found. A survey of 134 energy firms from Dec. 13-21 by the Federal Reserve Bank of Dallas showed an index measuring confidence had its first sign of reduced uncertainty since the first quarter of 2017. Most of that optimism came from drilling services companies, those that were hit hard by the market downturn in early 2016. Michael D. Plan ... read more |
Surveys of oil basins in Russian Arctic completedWashington (UPI) Dec 29, 2017 A Russian energy company said it completed surveys necessary to get a better understanding of the oil and gas reserve potential in Arctic waters. ... more
OMV says it's not playing the geopolitical gameWashington (UPI) Dec 29, 2017 With oil and natural gas taking on a Cold War strategic element for the United States and Russia, Austria's OMV said it's not concerned with geopolitics. ... more
No certification needed for offshore drilling safety, U.S. proposesWashington (UPI) Dec 29, 2017 Third parties will no longer need to verify whether some safety features for offshore oil and gas drilling work as designed, the U.S. government proposed. ... more
Oil prices up as balance approachesWashington (UPI) Dec 29, 2017 U.S. data showing the surplus on the five-year average in crude oil stocks at just 9 percent helped drive oil prices higher on the last trading day of 2017. ... more |
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US moves to reverse regulations for offshore oil drillingWashington (AFP) Dec 29, 2017 The US government on Friday published proposed new regulations on offshore oil drilling that would reverse safeguards put in place following the Deepwater Horizon environmental disaster in 2010. ... more
British trade group weighs domestic shale against Russian LNGWashington (UPI) Dec 29, 2017 A British trade group said it's better to tap inland gas than be vulnerable to foreign suppliers, as a vessel docked with its first-ever cargo of Russian LNG. ... more
Alberta is leaving economic recession behindWashington (UPI) Dec 29, 2017 After starting the year in recession, the oil-rich province of Alberta is entering 2018 with the fastest rate of growth in Canada, the economic minister said. ... more
Arctic development left Russian environment damagedWashington (UPI) Dec 28, 2017 The development of parts of the Arctic north of Russia has left its environment at risk from scrap materials and oil residue, a regional leader said. ... more
Oil treading water even as Forties pipeline system returns to lifeWashington (UPI) Dec 28, 2017 Oil prices started the trading day Thursday in static territory after pipeline operator Ineos said restrictions on a major North Sea network were lifted. ... more
Iran's economy 'on a good trend'Washington (UPI) Dec 28, 2017 The economy for oil-rich Iran is in good shape and the rate of inflation has been under control for the last two years, the country's first vice president said. ... more |
![]() U.S. safety regulator proposes offshore overhaul
All restrictions on Forties pipeline system liftedWashington (UPI) Dec 28, 2017 Any limitations to the flow of oil and natural gas from the North Sea to the Forties pipeline system are now lifted, system operator Ineos said Thursday. ... more
Oil prices up slightly as U.S. drillers pause new rigsWashington (UPI) Dec 26, 2017 The holiday is still ongoing in many countries, but oil prices continued a slow upward climb Tuesday as the world returns to work after Christmas. ... more
Bahrain sentences six to death for 'assassination plot'Dubai (AFP) Dec 25, 2017 Bahrain's top military court sentenced six men to death on Monday after convicting them of charges including plotting to assassinate the Gulf state's armed forces chief, state media reported. ... more
Texas oil and gas trade group praises U.S. tax overhaulWashington (UPI) Dec 27, 2017 Without key provisions in the Republican-led tax act, a Texas oil and gas trade group said the 20 percent of oil produced by smaller companies would be at risk. ... more |
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Golden CO (SPX) Dec 14, 2017
A new study from the Energy Department's National Renewable Energy Laboratory (NREL) establishes a novel catalytic method to produce renewable acrylonitrile using 3-hydroxypropionic acid (3-HP), which can be biologically produced from sugars. This hybrid biological-catalytic process offers an alternative to the conventional petrochemical production method and achieves unprecedented acrylonitrile ... more Washington DC (SPX) Dec 19, 2017Microbes help turn Greek yogurt waste into fuel Bristol UK (SPX) Dec 12, 2017Bristol scientists turn beer into fuel Golden CO (SPX) Dec 13, 2017NREL research finds a sweet spot for engineering better cellulose-degrading enzymes |
Washington DC (SPX) Dec 28, 2017
Massachusetts Institute of Technology researchers can now predict how much energy solar cells will produce at any location worldwide. Surprisingly, they identified that two types of solar cells (silicon and cadmium telluride) can vary in energy output by 5% or more in tropical regions, where most of the emerging solar cell markets are located.
This gap occurs because solar energy can shift ... more Washington DC (SPX) Dec 28, 2017Researcher pioneers solar sintering for crucial steel component New York, NY (SPX) Dec 28, 2017Columbia engineers develop floating solar fuels rig for seawater electrolysis Washington (UPI) Dec 22, 2017French company ENGIE lays out 5.2 GW renewable goal |
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Washington (UPI) Dec 28, 2017
An industrial bank in Turkey is getting an $85 million loan in order to help mid-sized companies invest in renewable energy, a European lender said.
The European Bank for Reconstruction and Development said it provided the loan to the Industrial Development Bank of Turkey, known by its Turkish initials TSKB, to support a wide-range of renewable energy programs, from wind power to energy ... more Washington (UPI) Dec 14, 2017Oil-rich Alberta sees momentum for wind energy Canberra, Australia (SPX) Dec 13, 2017Construction to start on $160 million Kennedy Energy Park in North Queensland Washington (UPI) Nov 30, 2017U.S. wind turbines getting taller and more efficient |
Moscow (AFP) Dec 22, 2017
Russia has signed an agreement to build a nuclear power plant in Sudan, Russia's Rosatom nuclear agency announced on Friday, a month after a meeting between President Vladimir Putin and his Sudanese counterpart Omar al-Bashir.
Bashir, who is wanted by the International Criminal Court (ICC) for genocide and war crimes, has been pushing for closer energy and military ties with Russia.
The ... more Washington (AFP) Dec 23, 2017For ailing US nuclear industry, new plants a shot in the arm Paris, France (SPX) Dec 27, 2017Signing of definitive binding agreements for the sale of AREVA NP's activities Tokyo (AFP) Dec 22, 2017Japan company says to close two large ageing nuclear reactors |
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New York NY (SPX) Dec 28, 2017
Climate scientists say that killer heat waves will become increasingly prevalent in many regions as climate warms. However, most projections leave out a major factor that could worsen things: humidity, which can greatly magnify the effects of heat alone. Now, a new global study projects that in coming decades the effects of high humidity in many areas will dramatically increase. At times, they m ... more Washington (AFP) Dec 29, 2017As cold wave sweeps N.America, Trump makes light of climate change London, UK (SPX) Dec 14, 2017Space Climate Observatory agreed ahead of One Planet Summit in Paris Washington (UPI) Dec 19, 2017BHP defends climate positions and Paris support |
Stockholm (AFP) Dec 27, 2017
China's Geely, which already owns the Swedish car brand Volvo, has now become the biggest shareholder in AB Volvo, the world's second-largest truck manufacturer in a transaction worth around 2.7 billion euros ($3.2 billion), it announced on Wednesday.
Geely said in a statement it had "reached agreement with Cevian Capital, Europe's largest activist fund manager, to acquire its entire 8.2-per ... more Pullman WA (SPX) Dec 27, 2017New catalyst meets challenge of cleaning exhaust from modern engines Frankfurt Am Main (AFP) Dec 22, 2017VW sacks executive jailed over 'dieselgate': report Beijing (AFP) Dec 22, 2017Baidu accuses former exec of stealing self-driving car technology |
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Baghdad (AFP) Dec 29, 2017
They have fled the country, their pockets full, or been released from prison under amnesties: despite Iraq's "war" on corruption, those guilty of embezzling state funds often evade justice.
Even before he declared victory against the Islamic State group in early December after a three-year battle, Prime Minister Haider al-Abadi said the country's next fight would be against graft, vowing to ... more Kirkuk, Iraq (AFP) Dec 26, 2017Jihadists kill 45 since 'liberation' of Iraq's Hawija Baghdad (AFP) Dec 27, 2017HRW accuses Yazidi fighters in Iraq of executing civilians Mosul, Iraq (AFP) Jan 1, 2018Crossing the river a major challenge in devastated Mosul |
Washington (AFP) Dec 31, 2017
The United States is now closer than it has ever been to a nuclear war with North Korea, a former top US military officer warned Sunday, saying he saw little prospect of a diplomatic solution.
Mike Mullen, a former chairman of the US joint chiefs of staff, attributed the rising danger to Donald Trump's "incredibly disruptive" presidency.
"And in my view, an incredibly dangerous climate e ... more Beijing (AFP) Dec 29, 2017China rejects Trump accusation on N. Korea sanction breaches Seoul (AFP) Dec 29, 2017South Korea seizes Hong Kong ship for oil transfer to North: Seoul Moscow (AFP) Dec 26, 2017Lavrov, Tillerson discuss need for urgent NKorea negotiations: Moscow |
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Beijing (AFP) Dec 29, 2017
While their country's leader has encouraged citizens to work harder and dream big, some Chinese millennials are declaring their allegiance to the art of being average.
Nicknamed "Buddhist Youth", these young people have embraced a laissez-faire approach to life which has more to do with being chilled out than reading sutras.
"Life is quite tiring," said 23-year-old Guo Jia, who believes ... more Beijing (AFP) Dec 27, 2017China approves mainland law enforcement at HK station Phnom Penh (AFP) Dec 27, 2017Cambodia sends maids to HK to plug gap after abuse scandals Beijing (AFP) Dec 27, 2017US and Germany urge China to release jailed activist |
Bamako (AFP) Dec 31, 2017
Mali's president has appointed the government of the country's new prime minister, as he prepares for a presidential campaign amid an ongoing threat from jihadists.
According to a decree published Sunday, President Ibrahim Boubacar Keita installed 36 ministers for Soumeylou Boubeye Maiga's government.
Six new members are entering the government, formed hours after 63-year-old Maiga's app ... more Bukavu, Dr Congo (AFP) Dec 25, 2017Kabila residence burned down in DR Congo Conakry (AFP) Dec 30, 2017Guinea massacre suspects to go before criminal tribunal Kinshasa (AFP) Dec 28, 2017Soldier among seven killed in DRCongo clashes |
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Washington (UPI) Dec 28, 2017
Saab Defense has signed a multi-million dollar contract with Sweden's Defense and Material organization for new equipment for Gripen E fighter aircraft.
The contract - a supplemental to a 2013 deal - is worth more than $46.9 million and requires Saab to supply new equipment for existing and new E variants of the planes.
Under the 2013 agreement for development and modernization ... more Washington (UPI) Dec 26, 2017Boeing awarded $6.1B for F-15s for Qatar Washington (UPI) Dec 28, 2017Boeing receives more than $18M for B-52 support Washington (UPI) Dec 18, 2017Boeing to support Air Force's fleet of AC-130U gunships |
Beijing (AFP) Dec 20, 2017
President Xi Jinping stamped his authority over China's economy at a major meeting ending Wednesday, which called for "reasonable" credit expansion, increased imports and more open markets and efforts to curb noxious pollution.
The pledges were made under a new banner, "Xi Jinping Thought on Socialist Economy with Chinese Characteristics for a New Era", at the end of the annual Central Econo ... more Beijing (AFP) Dec 20, 2017China's economic growth to slow next year, says state think tank Beijing (AFP) Dec 30, 2017China tightens rules on oversea cash withdrawals Beijing (AFP) Dec 29, 2017China temporarily waives taxes to get foreign firms to stay |
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Beijing (AFP) Dec 31, 2017
China will play its part in defending the international order and combating climate change while working to raise living standards for its own people, President Xi Jinping pledged Sunday in a New Year speech.
Xi said the nation was committed to economic reforms in 2018, the 40th anniversary of the transformation led by Deng Xiaoping, "as reform and opening-up is the path we must take to make ... more Montreal (AFP) Dec 30, 2017Canada's G7 presidency: a 'progressive agenda' at risk Washington (AFP) Dec 28, 2017Tillerson defends foreign policy record at year's end London (AFP) Dec 26, 2017British navy frigate escorts Russian warship in North Sea |
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Belgrade (AFP) Dec 30, 2017
The mayor of a Belgrade suburb said Saturday that a large-scale investigation will be launched following the discovery of 25 tonnes of toxic waste found dumped in a private field.
"This is just the beginning of a major operation that will take place on our territory and in Serbia," Obrenovac mayor Miroslav Cuckovic told state television (RTS).
"We will check all the sites where toxic was ... more Kuta, Indonesia (AFP) Dec 28, 2017Bali declares 'garbage emergency' amid sea of waste Moscow (AFP) Dec 29, 2017Russian environmental campaigner hospitalised after beating Kuta, Indonesia (AFP) Dec 28, 2017Bali declares 'garbage emergency' amid sea of waste |
United Nations, United States (AFP) Dec 24, 2017
The UN General Assembly on Sunday urged Myanmar to end a military campaign against Muslim Rohingya and called for the appointment of a UN special envoy, despite opposition from China, Russia and some regional countries.
A resolution put forward by the Organisation of Islamic Cooperation (OIC) was adopted by a vote of 122 to 10 with 24 abstentions.
China, Russia, Cambodia, Laos, the Phili ... more United Nations, United States (AFP) Dec 31, 2017UN's Guterres issues year-end 'red alert' for a world divided Rome (AFP) Dec 28, 2017Italy to send troops to Niger to stem migrant flow: PM Freetown (AFP) Dec 31, 2017Sierra Leone mudslide survivors living back in danger zone |
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