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  Manchester UK (SPX) Jan 17, 2018 Shale gas is one of least sustainable options for producing electricity, according to new research from The University of Manchester. Taking into account a range of sustainability aspects and assuming that they are all equally important, the research found that shale gas overall ranks seventh out of nine electricity options. The major study, which is the first of its kind, considered environmental, economic and social sustainability of shale gas in the UK and compared it to other electricity gene ... read more |
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Russian effort to comply with OPEC based on market, not priceWashington (UPI) Jan 16, 2018 The situation on the market, not the price of oil, determines Russia's appetite for complying with the OPEC balancing act, the country's energy minister said. ... more 
More resources found in gas-rich Papua New GuineaWashington (UPI) Jan 16, 2018 Working in a partnership with Australian and Japanese partners, Exxon Mobil said new hydrocarbons were found while drilling in gas-rich Papua New Guinea. ... more 
Survey reveals expectations of $75 ceiling for oil(UPI) Jan 16, 2018 Though crude oil prices are up more than 4 percent since the start of January, a survey of North American sentiments forecasts a narrow range. ... more 
Oil prices pull back hard after breaking through $70 per barrelWashington (UPI) Jan 16, 2018 Oil prices pulled back from a fresh psychological threshold on Tuesday, but compliance with an OPEC-credited deal with setting the price floor remained supported. ... more |
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| Previous Issues | Jan 16 | Jan 15 | Jan 12 | Jan 11 | Jan 10 |
 
 
 
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Venezuela says rebel pilot killed in police operationCaracas (AFP) Jan 17, 2018 Venezuela's government announced Tuesday that rogue pilot Oscar Perez was among seven "terrorists" killed during a bloody police assault to arrest him the day before. ... more 
Moody's: Oil is Iraq's blessing and its curseWashington (UPI) Jan 16, 2018 Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody's said Tuesday ... more 
Sheen spreading from Chinese site of Iranian oil tanker sinkingWashington (UPI) Jan 16, 2018 The oil slick spreading from the site of the sunken Iranian oil tanker Sanchi is getting bigger and moving north, Chinese maritime authorities said. ... more 
BP to post $1.7B charge on Deepwater HorizonWashington (UPI) Jan 16, 2018 British energy company BP said it expects a charge of around $1.7 billion in its fourth quarter earnings as a result of the Deepwater Horizon settlement. ... more 
Moody's sees headwinds for Middle East economiesWashington (UPI) Jan 15, 2018 Geopolitical tensions in the Middle East could balance against some of the economic gains from the increase in crude oil prices, Moody's said Monday. ... more
Oil prices flutter around even in light tradingWashington (UPI) Jan 15, 2018 Light trading on the U.S. federal holiday left crude oil prices around neutral, but still marching closer to $70 per barrel, potentially on geopolitical risk. ... more 
Aker BP sees dividend and production gainsWashington (UPI) Jan 15, 2018 Norwegian energy company Aker BP said its production levels could at least double within the next five years and dividends could grow by $100 million per year. ... more |
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 North Sea industries could adapt and thrive during oil field maturation 
Shell makes first North Sea oil and gas commitment in decadesWashington (UPI) Jan 15, 2018 As the industry focuses on decommissioning, Shell said Monday it made a final investment decision on the first manned installation for the North Sea in decades. ... more 
Total plants flag offshore BrazilWashington (UPI) Jan 15, 2018 French energy company Total said it's now a premier player in the oil basins off the coast of Brazil after finalizing a partnership with a state energy company. ... more 
Iran's leading cleric extends sympathies on Sanchi tragedyWashington (UPI) Jan 15, 2018 Iran's ruling cleric, Ayatollah Ali Khamenei, extended condolences to the members and family of the crew of the Sanchi oil tanker, which sank offshore China. ... more |
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China may invest in Russian oil pipeline company TransneftWashington (UPI) Jan 12, 2018 China could become one of the major shareholders in Transneft, the state-backed oil pipeline company in Russia, one of its directors said Friday. ... more 
At least four dead in Indian chopper crash: navyNew Delhi (AFP) Jan 13, 2018 India's navy said four bodies had been recovered on Saturday after search teams located the wreckage of a helicopter that went missing earlier in the day. ... more 
Production for Austrian major OMV up 20 percentWashington (UPI) Jan 12, 2018 In a trading update ahead of the company's fourth quarter report, Austrian energy company OMV said output was up nearly 20 percent from last year. ... more 
Come see how bad drilling will be for New Jersey, state tells ZinkeWashington (UPI) Jan 12, 2018 Visit New Jersey to hear from those that will lose out if Florida is the only state pulled from offshore drilling plans, a senator told the interior secretary. ... more
The oil trade is no longer intriguing, T. Boone Pickens saysWashington (UPI) Jan 12, 2018 After a "roller coaster ride" that saw $100-per-barrel swings in crude oil prices, tycoon and former oil man T. Boone Pickens said he's bored with trading oil. ... more
Oil retreats from $70 ceiling on fading geopolitical risk premiumWashington (UPI) Jan 12, 2018 Crude oil prices dipped into negative territory on Friday on signs Washington would indeed extend waivers that let Iranian oil flow on the global market. ... more 
Glimmers of hope in Iran economy despite TrumpTehran (AFP) Jan 13, 2018 Even with President Donald Trump continuing to waive nuclear sanctions, Iran's economy remains hobbled by US restrictions but some diplomats in Tehran remain quietly confident for the future. ... more |
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 Dutch to hasten plans to pay damages after gas field quake 
No survivors as Iranian tanker sinks engulfed in flamesBeijing (AFP) Jan 14, 2018 An Iranian oil tanker burst into flames from end to end and sank Sunday, eight days after it caught fire following a collision with a cargo ship off China, state media said. ... more 
Director for Cuba-focused Melbana Energy steps downWashington (UPI) Jan 12, 2018 The new head of Australian energy company Melbana said he'd direct a drive to capitalize on New Zealand assets and bring new partners to Cuban oil. ... more
So what exactly are the offshore drilling plans, Florida senator asksWashington (UPI) Jan 11, 2018 A Florida senator at the center of the debate over offshore drilling under the Trump administration said the Interior Department's latest plans lack clarity. ... more |
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 Bashiqa, Irak (AFP) Jan 12, 2018 
Northern Iraq's Yazidi community that suffered so terribly under Islamic State group persecution celebrated on Friday as it inaugurated a restored temple to the sound of traditional drums and flutes.
Overlooked by conical domes of polished stone, hundreds of men in dishdasha robes and women veiled in white gathered at the site which was blown up by the rampaging jihadists in 2014.
The te ... more |
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 Beijing (AFP) Jan 16, 2018  China on Tuesday dismissed an international meeting on the North Korean nuclear crisis hosted by Canada and the United States as illegitimate, as major players like Beijing were not present.
The absence of Russia and China from the two days of talks in Vancouver, which began on Monday, shows the holes in Washington's bid to form a unified global front against North Korea's nuclear threat. ... more |
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 Beijing (AFP) Jan 13, 2018  Authorities in northern China have demolished a Christian megachurch in a move denounced by a religious rights group as "Taliban-style persecution".
China's officially atheist Communist authorities are wary of any organised movements outside their control, including religious ones.
The huge evangelical Jindengtai ("Golden Lampstand") Church, painted grey and surmounted by turrets and a l ... more |
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 Yaounde (AFP) Jan 10, 2018 
Forty-three gold diggers died in abandoned mines in Cameroon in the first 10 months of last year, a watchdog group said Wednesday.
"The toll of people who died in mining holes... reached 43 in the first 10 months" of 2017, said Foder, a local NGO whose full name in English means Forest and Rural Development.
The group said much of the blame lay with corporations, many of them Chinese, wh ... more |
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 Washington (UPI) Jan 12, 2018 
The U.S. Army has awarded Sikorsky a contract worth nearly $200 million for 17 unique UH-60 Blackhawk helicopters for Saudi Arabia.
The terms of the deal were announced Thursday by the Department of Defense. The agreement reached between the Army and Sikorsky, a Lockheed Martin company, is worth more than $193.8 million under the terms of a firm-fixed-price foreign military sale.
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 Ottawa (AFP) Jan 13, 2018 
Canada hopes the upcoming G7 summit it is hosting will serve as a springboard for fresh ideas on key issues including climate change, the global economy and security, the lead organizer told AFP.
"The G7 serves well as a proving or testing ground for discussions that could eventually go into the G20 or the United Nations or international financial institutions," Peter Boehm, Canadian Prime M ... more |
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 New Delhi (AFP) Jan 12, 2018 
India will handle China's growing assertiveness and has stepped up patrols on their disputed border to head off more standoffs, the country's top army officer declared Friday.
The nuclear-armed neighbours have in the past gone to war over their border and last year were involved in a showdown over a Himalayan plateau claimed by China and Bhutan which is an ally of India.
"We understand C ... more |
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