|
|
|
Texas oil trade group sees investment pickup in 2018![]() Washington (UPI) Jan 3, 2018 A trade group in Texas said 2018 looked good for the oil and gas business, with investments trickling down to the coastal and manufacturing sectors. Texas is the No. 1 oil producing state in the country and home to some of the most lucrative shale basins, notably the Permian reservoir. The state's economy was hobbled by the downturn in the energy sector that hit bottom in early 2016. In a survey for fourth quarter 2017, the Federal Reserve Bank of Dallas said Hurricane Harvey, which hit ... read more |
U.S. gasoline prices at four-year high for early JanuaryWashington (UPI) Jan 3, 2018 Retail gas prices started the year at their highest level in four years, with some regional inventories at their lowest levels in seven years, a survey found. ... more
Oil prices up on geopolitical risk and inventory declinesWashington (UPI) Jan 3, 2018 Another steady drop in the U.S. inventory for crude oil and weather-related demand strains helped drive the price of oil higher on Wednesday. ... more
Maersk lands drilling work for offshore GhanaWashington (UPI) Jan 3, 2018 Drilling work starting in February extends into the Jubilee and TEN oil fields off the coast of Ghana, some of the world's biggest, Maersk Drilling said. ... more
Iranian unrest not yet impacting oil productionWashington (UPI) Jan 3, 2018 At this point, the oil market has factored in any risk from the political unrest gripping Iran, one of OPEC's top producers, analysts said. ... more |
|
|
| Previous Issues | Jan 03 | Jan 02 | Jan 01 | Dec 29 | Dec 28 |
![]()
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
Shell divestment streak continues with Hong Kong sheddingWashington (UPI) Jan 3, 2018 Royal Dutch Shell said Wednesday it's $150 million closer to its divestment goals after completing the first phase of the sale of a gas business in Hong Kong. ... more
Re-assessing Alaska's energy frontierWashington DC (SPX) Jan 02, 2018 Less than 80 miles from Prudhoe Bay, home to the giant oil fields that feed the Trans-Alaska Pipeline, lies the site of USGS' latest oil and gas assessment: the National Petroleum Reserve-Alaska and ... more
Chinese oil import capacity from Russia doubled(UPI) Jan 2, 2018 China could double the amount of crude oil it receives from Russia with the start of commercial operations of a pipeline, state media reported. ... more
Shell's departure from Denmark's refining business canceled(UPI) Jan 2, 2018 A $30 billion divestment program will be completed this year even after an agreement to sell a Danish subsidiary dissolved, Royal Dutch Shell said Tuesday. ... more
Geopolitical risk may be the factor to watch in 2018 for oil(UPI) Jan 2, 2018 A U.S. president eager to advance an agenda of energy dominance, and a market with no room for risk, means 2018 may be one for the geopolitical books. ... more
Oil prices open the year volatile on competing narratives(UPI) Jan 2, 2018 Crude oil prices started 2018 with a lack of direction as unrest in Iran, one of OPEC's top producers, balanced against concerns for the world's top economies. ... more |
![]() Iraq boasts of gas export options
Carbon levy increased by 50 percent in Alberta(UPI) Jan 2, 2018 Canada's oil-rich province of Alberta rang in the New Year with a 50 percent increase in a carbon levy that supports green investments, a minister said. ... more
BP offers glimpse at gains from U.S. tax code(UPI) Jan 2, 2018 British energy company BP said Tuesday its after-tax earnings from the United States would be supported by the 14 percent cut in the corporate tax rate. ... more
Texas energy sector ends the year with optimismWashington (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. ... 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 |
|
|
|
Ulsan, South Korea (SPX) Jan 02, 2018 A joint research team, affiliated with UNIST has introduced the Hybrid-Solid Electrolysis Cell (Hybrid-SOEC) system with highest reported electrochemical performance in hydrogen production. The proposed system has attracted much attention as a new promising option for the cost-effective and highly-efficient hydrogen production, as it shows excellent performance compared with other water-electrol ... more University Park PA (SPX) Jan 02, 2018Farmers in Kenya willing, able to ramp up croton nut output for biofuel Lemont, IL (SPX) Jan 02, 2018A catalytic balancing act Washington DC (SPX) Jan 03, 2018Locating the precise reaction path: Methane dissociation on platinum |
Davis CA (SPX) Jan 02, 2018
Unconventional spaces could be put to use generating renewable energy while sparing lands that could be better used to grow food, sequester carbon and protect wildlife and watersheds, says a study led by the University of California, Davis.
These land-sparing spaces include: 1) built environments, such as rooftops 2) salt-affected land 3) contaminated land, and 4) water reservoirs with flo ... more Lausanne, Switzerland (SPX) Jan 03, 2018Standardizing perovskite aging measurements Boston MA (SPX) Jan 02, 2018New technique allows rapid screening for new types of solar cells Durham NC (SPX) Jan 03, 2018Laser Evaporation Technology to Create New Solar Materials |
|
|
Bilbao, Spain (SPX) Jan 03, 2018
The offshore power plant or wave farm at Mutriku is the only commercial facility (it is not a prototype) in the world that operates by regularly feeding the grid with electrical power produced by waves. It has been operating since 2011 and the study by the UPV/EHU's EOLO group analysed its behaviour during the 2014-2016 period.
"It is important to find out how the wave power farm is actual ... more Washington (UPI) Dec 28, 2017Turkey gets European loan for renewable energy 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 (AFP) Jan 3, 2018
Virginia-based Dominion Energy announced Wednesday a plan to merge with troubled SCANA Corp., absorbing costs of the halted South Carolina nuclear plants in a deal valued at $14.6 billion.
The merger deal would include a $1.7 billion write-off for the shuttered nuclear project, as well as $1.3 billion in payments to customers of SCANA's South Carolina Electric & Gas Company (SCE&G) - about ... more Krsko, Slovenia (SPX) Jan 02, 2018REVA NP installs I and C upgrade at Krsko nuclear power plant Tokyo, Japan (SPX) Jan 02, 2018New model considers an extra factor to improve our prediction of nuclear fission Moscow (AFP) Dec 22, 2017Russia to build nuclear power plant in Sudan |
|
|
(UPI) Jan 2, 2018
New research suggests roughly a quarter of the globe could be left in permanent drought if efforts to curb global warming fail to meet the targets set by the Paris agreement.
Scientists compiled the predictions of 27 global climate models to determine which regions of planet Earth are most likely to experience significant aridification by the end of the century.
Their analysis -- ... more Knoxville TN (SPX) Jan 02, 2018Curbing climate change New York NY (SPX) Dec 28, 2017Humidity may prove breaking point for some areas as temperatures rise, says study Bilbao, Spain (SPX) Jan 02, 2018Droughts and ecosystems are determined by the interaction of two climate phenomena |
New York (AFP) Jan 3, 2018 Tesla Motors on Wednesday again pushed back the time-frame for ramping up production of the closely-watched Model 3 vehicle, its sedan aimed at the middle market.
The electric carmaker said it now expects to hit a Model 3 production level of 5,000 per week by the end of the second quarter instead of at the end of the first quarter.
The first-quarter target was itself a prolongation of a ... more Boston MA (SPX) Jan 02, 2018New depth sensors could make self-driving cars practical Oslo (AFP) Jan 3, 2018More than half of Norway's new cars electrified: data Beijing (AFP) Jan 4, 2018China's Didi buys Brazil's 99 in new Uber challenge; BlackBerry, Baidu in autonomous vehicle deal |
|
|
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 Mosul, Iraq (AFP) Jan 1, 2018Crossing the river a major challenge in devastated Mosul Baghdad (AFP) Dec 27, 2017HRW accuses Yazidi fighters in Iraq of executing civilians Karbala, Iraq (AFP) Dec 23, 2017Iraqis denounce anti-indecency edict in Shiite holy city |
Seoul (AFP) Jan 1, 2018
North Korean leader Kim Jong-Un warned the United States Monday he has a "nuclear button" on his table but offered an apparent olive branch to South Korea in a New Year message, saying he was prepared for talks and may send a team to the Winter Olympics there.
Kim struck a generally defiant note after a year of rising tensions marked by the North's multiple missile launches and its sixth and ... more Washington (AFP) Dec 31, 2017US, NKorea closer to war than ever: former US military chief Beijing (AFP) Dec 29, 2017China rejects Trump accusation on N. Korea sanction breaches (UPI) Jan 2, 2018Lockheed to support Korea's Peace Krypton intelligence aircraft |
|
|
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 Hong Kong (AFP) Jan 1, 2018Anti-Beijing protesters march in Hong Kong Beijing (AFP) Jan 2, 2018French President Macron to visit China next week Beijing (AFP) Jan 2, 2018Tech icon ordered back to China sends wife instead |
Washington (AFP) Jan 3, 2018
US forces in Somalia have conducted a strike against a bomb-laden vehicle that was going to be used against civilians in Mogadishu, the US military's Africa Command said Wednesday.
The strike against Al-Qaeda-affiliated al-Shabaab militants occurred early January 2 about 50 kilometers (30 miles) west of the capital.
It killed "two terrorists and (destroyed) one vehicle-borne improvised ... more Bamako (AFP) Dec 31, 2017Mali president names new govt after ex-PM's resignation Conakry (AFP) Dec 30, 2017Guinea massacre suspects to go before criminal tribunal Kinshasa (AFP) Dec 28, 2017Soldier among seven killed in DRCongo clashes |
|
|
Harpenden UK (SPX) Jan 04, 2018
Midges move with ferocious randomness, frequently subjecting themselves to accelerations of more than 10g, well beyond the limit of fighter pilots, as they duck and dive in swarms that still retain an almost paradoxical cohesiveness despite blustery wind or powerful updrafts.
Collectively, midges move very differently from flocks of birds, shoals of fish or animal herds; there is no order ... more Washington (UPI) Jan 02, 2018Bell-Boeing awarded dual contracts for V-22 support Washington (UPI) Jan 2, 2018Boeing receives $17.5M for engineering support for KC-135 Washington (UPI) Jan 02, 2018JPATS Logistics Services to support T-6 aircraft in new contract |
Beijing (AFP) Dec 30, 2017
China has tightened rules on how much cash cardholders can withdraw overseas in a bid to clamp down on money laundering, terrorist financing and tax evasion, authorities said Saturday.
The annual limit will be set at 100,000 yuan ($15,355) per person from Monday - no matter how many cards a person has.
Currently, there is an annual ATM cap of 100,000 yuan for each separate card, but t ... more Beijing (AFP) Jan 3, 2018China's Ant Financial drops MoneyGram deal as US approval fails Islamabad (AFP) Jan 3, 2018Pakistan allows use of Chinese yuan for trade, investment Beijing (AFP) Jan 2, 2018China factory activity accelerated in December: Caixin |
|
|
|
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 Colombo (AFP) Jan 2, 2018China boosts investment in Sri Lankan mega-project Washington (AFP) Dec 28, 2017Tillerson defends foreign policy record at year's end |
|
|
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 Moscow (AFP) Dec 29, 2017Russian environmental campaigner hospitalised after beating Kuta, Indonesia (AFP) Dec 28, 2017Bali declares 'garbage emergency' amid sea of waste Accra (AFP) Dec 27, 2017Turning e-waste into art at Ghana's toxic dump |
United Nations, United States (AFP) Dec 31, 2017
UN Secretary-General Antonio Guterres on Sunday issued a year-end "red alert" to a world he said faces the perils of inequality, nationalism, xenophobia and possibly even nuclear war unless it works to resolve its differences.
"When I took office one year ago, I appealed for 2017 to be a year for peace," he said in his New Year's message. "Unfortunately, in fundamental ways, the world has go ... more 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 Ain Issa, Syria (AFP) Dec 26, 2017Displaced Syrians survive war but face battle against cold |
| Buy Advertising | Media Advertising Kit | Editorial & Other Enquiries | Privacy statement |
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement |