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  Washington (UPI) Jan 4, 2018 It will be the deep waters like offshore Guyana that look commercial in the current market and make big and national oil companies turn a head, analysis found. Consultant group Wood Mackenzie expects a competitive field this year in exploration and production, with likely only the majors like BP and Exxon Mobil, along with national oil companies, investing heavily. Global investment in conventional exploration will be around $37 billion, about 7 percent less than last year and 60 percent below ... read more |
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North Sea decommissioning sparks paperwork questionsWashington (UPI) Jan 4, 2018 With decommissioning of some of the aging infrastructure in the North Sea under way, a trade group is making plans for what to do with all the paperwork. ... more 
U.S. storms, data waiting-game leave oil steady early ThursdayWashington (UPI) Jan 4, 2018 Mixed data on U.S. crude oil inventories, geopolitical issues and bad weather in the world's leading economy left oil prices in mixed territory Thursday. ... more 
Maersk given safety order after fatal December rig accidentWashington (UPI) Jan 4, 2018 Maersk Drilling has until next week to let safety regulators know how it will address shortcomings, a Norwegian agency said after a fatality in the North Sea. ... more 
Environmentalists lose lawsuit over Norway's Arctic oil licensesOslo (AFP) Jan 4, 2018 A Norwegian court on Thursday dismissed a case by three environmentalist groups which had sued Norway for granting oil licenses in the Arctic, as the fight against global warming is increasingly brought to courtrooms. ... more |
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| Previous Issues | Jan 04 | Jan 03 | Jan 02 | Jan 01 | Dec 29 |
 
 
 
Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
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U.S. envoy to Baghdad expresses Iraqi oil interestWashington (UPI) Jan 4, 2018 U.S. companies are committed to building their bilateral relationship in Iraq, especially in the oil and gas sector, the U.S. ambassador told Iraq's oil minister. ... more 
Interior Department plans massive expansion of offshore drillingWashington (UPI) Jan 4, 2018 The Interior Department on Thursday proposed vastly expanding offshore oil and natural gas drilling, including in the Gulf of Mexico, the Pacific and Atlantic coasts, and Alaska. ... more 
Trump administration seeks to open most US waters to offshore oil drillingWashington (AFP) Jan 4, 2018 The Trump administration on Thursday announced a proposal to allow oil drilling in virtually all US coastal waters, drawing immediate criticism from environmentalists and some Republicans. ... more 
Texas oil trade group sees investment pickup in 2018Washington (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. ... 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 |
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 Maersk lands drilling work for offshore Ghana 
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 
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 
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 |
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  University Park PA (SPX) Jan 02, 2018  Small-holder farmers in Kenya have the capacity and desire to play a major role in the scale-up of biofuel production from agroforestry, according to a Penn State forest economist, who led a study in the East African country.
Croton trees - which seem to grow everywhere in Kenya - and the oilseeds they produce have the potential to improve rural livelihoods, said Michael Jacobson, professo ... more Lemont, IL (SPX) Jan 02, 2018A catalytic balancing act  Washington DC (SPX) Jan 03, 2018Locating the precise reaction path: Methane dissociation on platinum  Columbus OH (SPX) Jan 03, 2018A fossil fuel technology that doesn't pollute |
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 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 |
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 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 |
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 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  New York (AFP) Jan 4, 2018Struggling Westinghouse Electric sold to Brookfield for $4.6 bn  Tokyo, Japan (SPX) Jan 02, 2018New model considers an extra factor to improve our prediction of nuclear fission |
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 (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  Washington (UPI) Jan 3, 2018New York unveils new climate initiatives for 2018  Bilbao, Spain (SPX) Jan 02, 2018Droughts and ecosystems are determined by the interaction of two climate phenomena |
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 Oslo (AFP) Jan 3, 2018  Electric or hybrid vehicles accounted for more than half of all new cars sold in Norway last year, official data showed on Wednesday, confirming the country's pioneering role in carbon-free transport.
Zero-emission, mainly all-electric as well as a few hydrogen-powered cars, accounted for 20.9 percent of total sales in 2017, while hybrid vehicles accounted for 31.3 percent, including 18.4 p ... more Frankfurt Am Main (AFP) Jan 4, 2018VW to build autonomous cars with Silicon Valley firm  New York (AFP) Jan 3, 2018Tesla again delays target for ramping up Model 3 output  Beijing (AFP) Jan 4, 2018China's Didi buys Brazil's 99 in new Uber challenge; BlackBerry, Baidu in autonomous vehicle deal |
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 Baghdad (AFP) Jan 4, 2018 
More than half of Iraqis displaced by conflict to other parts of the country have returned to their homes, the UN migration agency said on Thursday.
At the end of December, more than 3.2 million displaced Iraqis had gone home while 2.6 millions still lived away, the International Organization for Migration said.
Iraqi forces have regained large swathes of the country from the Islamic Sta ... more Mosul, Iraq (AFP) Jan 1, 2018Crossing the river a major challenge in devastated Mosul  Baghdad (AFP) Dec 29, 2017Iraq faces 'new war' - on corruption  Baghdad (AFP) Dec 27, 2017HRW accuses Yazidi fighters in Iraq of executing civilians |
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 (UPI) Jan 2, 2018 
Lockheed Martin was awarded a $33.6 million contract by the U.S. Air Force to extend support for South Korea's tactical reconnaissance aircraft and mission support equipment.
The terms of the deal, announced Friday by the Department of Defense, enlists Lockheed to provide prime missions equipment and technical manuals in support of the Republic of Korea's Peace Krypton reconnaissance ai ... more Moscow (AFP) Jan 5, 2018Russia says US 'looking for reasons' to pressure Iran  Seoul (AFP) Jan 5, 2018North Korea accepts South's offer of talks next week  Seoul (AFP) Jan 5, 2018Olive branch or booby trap? N. Korea's new tone divides analysts |
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 Beijing (AFP) Jan 2, 2018 
French President Emmanuel Macron will visit China for three days starting January 8, the Chinese foreign ministry said Tuesday, after the young leader declared the need for a stronger Europe to "face China".
This will be Macron's first state visit to the country, and the first by a European Union nation leader since the ruling Communist Party's 19th national congress in October.
Presiden ... more Beijing (AFP) Jan 2, 2018Tech icon ordered back to China sends wife instead Hong Kong (AFP) Jan 1, 2018Anti-Beijing protesters march in Hong Kong  Shanghai (AFP) Dec 26, 2017Tattooed and proud: Chinese women peel away stigmas |
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 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  Bukavu, Dr Congo (AFP) Dec 25, 2017Kabila residence burned down in DR Congo |
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 Washington (UPI) Jan 02, 2018 
The U.S. Navy has awarded two modified contracts to Bell-Boeing in support of the V-22 Osprey, both of which cover software updates and sustainment for the tiltrotor aircraft.
The terms of the deal were announced Wednesday by the Department of Defense.
In total, Bell-Boeing will be awarded more than $33.3 million under the terms of cost-plus-fixed-fee delivery order contracts, wh ... more Washington (UPI) Jan 2, 2018Boeing receives $17.5M for engineering support for KC-135  Washington (UPI) Jan 2, 2018Lockheed awarded $25M for Apache helicoptors for Egypt  Kuala Lumpur (AFP) Jan 3, 2018High-tech ship en route to resume hunt for MH370 |
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 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 |
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 Shanghai (AFP) Jan 5, 2018 
President Xi Jinping has issued a blunt call for China's military to be ready for war and unafraid to die defending the country, as geopolitical tensions mount in Asia.
Xi's exhortation to the world's largest fighting force, parts of which were revealed only late Thursday, came during what state media characterised as a rare address by the Chinese leader to the country's entire military.
... more Colombo (AFP) Jan 2, 2018China boosts investment in Sri Lankan mega-project  Beijing (AFP) Dec 31, 2017China's Xi vows to support UN, boost living standards  Montreal (AFP) Dec 30, 2017Canada's G7 presidency: a 'progressive agenda' at risk |
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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 Beijing (AFP) Jan 3, 2018Beijing records best air quality in five years in 2017  Moscow (AFP) Dec 29, 2017Russian environmental campaigner hospitalised after beating  Accra (AFP) Dec 27, 2017Turning e-waste into art at Ghana's toxic dump |
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 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 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  Miami (AFP) Dec 20, 2017Hurricanes, heat waves, fires ravaged planet in 2017 |
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