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Analyst asks if herd mentality will drive oil prices off the cliff![]() Washington (UPI) Jan 8, 2018 A perfect storm of geopolitical risk and severe weather in the United States helped drive oil prices close to $70 per barrel, but will it last, an analyst asks. A handful of analysts speaking to UPI during the long holiday weekend said geopolitical factors may be the drivers of a rally for crude oil prices. This year started with Iran in the grips of one of its worst bouts of political unrest since the Green Revolution in 2009 brought the first glimpses of a challenge to the cleric-backe ... read more |
China races to prevent environmental disaster from stricken Iranian tankerBeijing (AFP) Jan 9, 2018 China raced to contain oil leaking from an Iranian tanker stricken off its eastern coast Tuesday amid warnings the burning ship could spark an environmental disaster. ... more
New catalyst for making fuels from shale gasLondon UK (SPX) Jan 09, 2018 Methane in shale gas can be turned into hydrocarbon fuels using an innovative platinum and copper alloy catalyst, according to new research led by UCL (University College London) and Tufts Universit ... more
New approach can save up to 95 percent of energy used for pipelinesVienna, Austria (SPX) Jan 09, 2018 Until now it had been assumed that, once a flow of a fluid has become turbulent, turbulence would persist. Researchers at the Institute of Science and Technology Austria (IST Austria) including Prof ... more
Keystone XL may be headed for another hurdleWashington (UPI) Jan 8, 2018 Claims by Nebraska landowners for compensation from pipeline company TransCanada on Keystone XL-related costs rests with the state's highest court, advocates say. ... more |
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| Previous Issues | Jan 08 | Jan 05 | Jan 04 | Jan 03 | Jan 02 |
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Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review |
Total OPEC production up slightly in DecemberWashington (UPI) Jan 8, 2018 Though Venezuelan oil production is lower than it's been in more than a decade, its fellow OPEC members picked up the slack, a market survey found. ... more
Oklahoma oil and gas production tax receipts indicate recoveryWashington (UPI) Jan 8, 2018 Tax collections taken from oil and gas production in shale-rich Oklahoma last year were about 50 percent higher than 2016, state data show. ... more
Iraq calls for swift Maysan refinery implementationWashington (UPI) Jan 8, 2018 The implementation of an oil refinery project designed for 150,000 barrels of oil per day should start in the next 30 days, the Iraqi oil ministry said. ... more
Energy sector analysis sees deepwater attractionWashington (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. ... more
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
Rig counts mixed, though U.S. offshore steadyWashington (UPI) Jan 5, 2018 Rig counts, a metric used to gauge exploration and production, were mixed last month, with U.S. land numbers down and offshore up, a market survey found. ... more |
![]() Four Venezuelan generals placed on US sanctions blacklist
Earthjustice: Trump wasting his time with offshore lease proposalWashington (UPI) Jan 5, 2018 Praised as a necessity by the industry, President Trump is wasting his time with some of the areas proposed for offshore drilling, an attorney said. ... more
Explosion risk for oil tanker ablaze off China: authoritiesBeijing (AFP) Jan 8, 2018 An Iranian oil tanker ablaze off the Chinese coast is at risk of exploding or sinking, authorities said Monday, as they reported there was no sign of survivors 36 hours after the vessel erupted in flames. ... more
Oil rally finally slips on the first Friday of 2018Washington (UPI) Jan 5, 2018 The announcement of a major new oil discovery at a leading basin offshore Guyana, U.S. labor figures and profit-taking pushed oil prices lower on Friday. ... more
Nigeria oil recovery welcome, though pollution a problemWashington (UPI) Jan 5, 2018 The rise in oil production in Nigeria is a result of peaceful solutions to conflict in action, though pollution is problematic, a British official said. ... more |
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Houston TX (SPX) Jan 09, 2018
Engineers at Rice University's Nanotechnology Enabled Water Treatment (NEWT) Center have found a catalyst that cleans toxic nitrates from drinking water by converting them into air and water.
The research is available online in the American Chemical Society journal ACS Catalysis.
"Nitrates come mainly from agricultural runoff, which affects farming communities all over the world," sa ... more Harpenden UK (SPX) Jan 09, 2018Less chewing the cud, more greening the fuel Ulsan, South Korea (SPX) Jan 02, 2018A new strategy for efficient hydrogen production Lemont, IL (SPX) Jan 02, 2018A catalytic balancing act |
Lausanne, Switzerland (SPX) Jan 03, 2018
Perovskite solar cells are an alternative to conventional silicon solar cells, and are poised to overtake the market with their high power-conversion efficiencies (over 22% now) and lower capital expenditure and manufacturing costs.
But one of the greatest obstacles on this road is stability: to be commercially viable, perovskite solar cells must also be able to maintain their efficiency o ... more Alamogordo NM (SPX) Jan 09, 2018New Mexico coop signs record-low contract for distributed solar energy Durham NC (SPX) Jan 03, 2018Laser Evaporation Technology to Create New Solar Materials Los Alamos NM (SPX) Jan 03, 2018Tweaking quantum dots powers-up double-pane solar windows |
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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 |
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 New York (AFP) Jan 4, 2018Struggling Westinghouse Electric sold to Brookfield for $4.6 bn Moscow (AFP) Dec 22, 2017Russia to build nuclear power plant in Sudan Krsko, Slovenia (SPX) Jan 02, 2018REVA NP installs I and C upgrade at Krsko nuclear power plant |
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Xian, China (AFP) Jan 8, 2018 French President Emmanuel Macron urged Europe Monday to take part in China's Silk Road revival plan, despite some European misgivings about the massive project, as he began a state visit.
Macron also called on Europe and China to team up on curbing climate change, in the face of US plans to withdraw from the Paris accord.
"Our destinies are linked," he said in a keynote speech on the ... more Paris (AFP) Jan 1, 2018Quarter of land will be drier under 2 C warming: study (UPI) Jan 2, 2018Global warming could leave 25 percent of the planet in permanent drought Knoxville TN (SPX) Jan 02, 2018Curbing climate change |
Washington (UPI) Jan 5, 2018
More U.S. consumers seem to be buying light trucks rather than passenger vehicles, and that's skewed the average fuel economy lower, a study found.
The University of Michigan's Transportation Research Institute reported the average fuel economy of new vehicles sold in December was 25 miles per gallon, down about 0.8 percent from November.
"This drop likely reflects the increased ... more Las Vegas (AFP) Jan 8, 2018Startup unveils 'car of future' for $45,000 Las Vegas (AFP) Jan 8, 2018Toyota brings the store to you with self-driving concept vehicle Las Vegas (AFP) Jan 9, 2018Bucking trend, Hyundai bets on hydrogen fuel cell for new car |
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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 |
Seoul (AFP) Jan 9, 2018
North Korea said it was willing to send athletes and a high-level delegation to the forthcoming Winter Olympics in the South on Tuesday as the rivals held their first official talks in more than two years after high tensions over Pyongyang's nuclear weapons programme.
Seoul urged that reunions of families divided by the 1950-53 Korean War - one of the most emotive legacies of the conflict - ... more Washington (AFP) Jan 7, 2018NKorea must stop nuke testing before any talks with US: Haley 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 |
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Beijing (AFP) Jan 4, 2018
A Tibetan who has waged a campaign to preserve his region's ancestral language was put on trial in China for inciting separatism Thursday in a case Amnesty International denounced as "ludicrously unjust".
Tashi Wangchuk was featured in a New York Times documentary that followed him on a trip to Beijing, where he attempted to get Chinese state media and courts to address what he describes as ... more Beijing (AFP) Jan 4, 2018Migrant worker evictions tear at Beijing's backbone Hong Kong (AFP) Jan 1, 2018Anti-Beijing protesters march in Hong Kong Beijing (AFP) Jan 2, 2018French President Macron to visit China next week |
Kano, Nigeria (AFP) Jan 5, 2018
The Islamic State faction of Boko Haram on Friday said it was responsible for a late December attack on Nigerian army barracks, claiming it killed nine soldiers and took military equipment.
The jihadist faction said in an online statement published by the Islamic State's West Africa Province (ISWAP) that it had orchestrated the raid on army barracks in the town of Kanamma in northeast Yobe ... 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 Washington (AFP) Jan 3, 2018US strike targets vehicle bomb in Somalia |
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Washington (UPI) Jan 5, 2018
Naval Air Systems Command has awarded Northrop Grumman a contract for Advanced Radar Processor hardware sets in support of the Northrop Grumman E-2D Hawkeye, an all-weather, carrier-capable tactical airborne early warning aircraft.
The terms of the contract were announced Thursday by the Defense Department, enabling the company to provide advanced radar processor hardware sets for the E ... more Taipei (AFP) Jan 4, 2018Taiwan demands immediate halt to new China flight routes Tokyo (AFP) Jan 8, 2018US military chopper makes second emergency landing in Okinawa Harpenden UK (SPX) Jan 04, 2018Math for midges that pull 10g |
Xian, China (AFP) Jan 8, 2018
French President Emmanuel Macron on Monday launched a state visit to China at the starting point of the ancient Silk Road, a nod to his Chinese counterpart's scheme to revive the famous trading route.
Along with his wife Brigitte, Macron visited the famous terracotta warriors in the northern city of Xian, a centuries-old Big Wild Goose Pagoda - a Buddhist site - as well as the city's mosqu ... more Xian, China (AFP) Jan 8, 2018Macron bets on horse diplomacy in China Islamabad (AFP) Jan 3, 2018Pakistan allows use of Chinese yuan for trade, investment Paris (AFP) Jan 7, 2018Europe casts a wary eye on China's Silk Road plans |
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Athens (AFP) Jan 7, 2018
Macedonia and Greece have a real chance to solve a festering quarter-century-old name dispute by July, Macedonian Prime Minister Zoran Zaev said Sunday.
"I believe it's possible to find a solution by the end of the first semester of 2018," Zaev told Greece's Alpha TV in an interview.
The quarrel between Skopje and Athens dates back to Macedonia's declaration of independence from Yugoslav ... more Beijing (AFP) Jan 8, 2018Macron endorses China's Silk Road but warns against 'hegemony' Madrid (AFP) Jan 6, 2018Spain king pays homage to father Juan Carlos in comeback Shanghai (AFP) Jan 5, 2018'Don't fear death': China's Xi urges blunt call to PLA |
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New Delhi (AFP) Jan 9, 2018
Political apathy over the poisonous smog choking India's capital has led many like businessman Kamal Meattle to take matters into their own hands, with an office building he says pumps air as fresh as from the Swiss Alps.
From the outside, the Paharpur Business Centre looks like any modern office block. But inside it is a virtual jungle where rooms and corridors are lined with more than 7,00 ... more Manila (AFP) Jan 6, 2018Suspect in murder of Philippine environmentalist freed Belgrade (AFP) Dec 30, 201725 tonnes of toxic waste found dumped near Belgrade Beijing (AFP) Jan 3, 2018Beijing records best air quality in five years in 2017 |
Miami (AFP) Jan 8, 2018
Last year was the most expensive in US history for natural disasters, with a barrage of fires, freezes, floods and hurricanes that cost $306 billion, according to a US government report Monday.
In 2017, a total of 16 disasters cost $1 billion or more, and led to at least 362 deaths, said the report by the National Oceanic and Atmospheric Administration.
The death toll could be substantia ... more Washington (AFP) Jan 6, 2018Blocks from White House, a freezing tent is home Mosul, Iraq (AFP) Jan 9, 2018Teachers in Iraq's Mosul learn to cope with traumatised pupils United Nations, United States (AFP) Dec 31, 2017UN's Guterres issues year-end 'red alert' for a world divided |
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