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Tillerson: U.S. has what it takes to ensure Polish energy security![]() Washington (UPI) Jan 29, 2018 It's U.S. companies, not those in Russia, that have the right products to ensure energy security for Poland, a visiting U.S. secretary of state said. U.S. Secretary of State Rex Tillerson visited Warsaw during the weekend to pay respect on Holocaust Remembrance Day. Speaking later with Polish Foreign Minister Jacek Czaputowicz, the former Exxon Mobil head said the United States has a role to play in the nation's energy sector. With shale natural gas production outpacing demand in some U. ... read more |
Supply-side pressures bruise oil pricesWashington (UPI) Jan 29, 2018 A post-Davos rebound in the value of the U.S. dollar, coupled with emerging supply-side strains, pushed the price of crude oil lower on Monday. ... more
Iran reviewing data recorder from sunken Sanchi oil tankerWashington (UPI) Jan 29, 2018 A committee set up to examine what happened to the Sanchi oil tanker, an Iranian vessel that sank in mid-January, said Monday it's looking at black box data. ... more
Iran says oil production could increase with foreign helpWashington (UPI) Jan 29, 2018 Iran could increase total oil production capacity by more than 1 million barrels per day if talks with foreign partners pan out, the oil minister said. ... more
House of Lords examines gas, electric markets post-BrexitWashington (UPI) Jan 29, 2018 The British grid won't go dark after departure from the European Union, though the gas and electric market may be less efficient, parliament's review found. ... more |
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Germany tries for more domestic oil productionWashington (UPI) Jan 26, 2018 German energy company Wintershall said Friday there could be more oil in a field near the Dutch border that's been in production for the last 70 years. ... more
Shale gas production outpacing some U.S. regional demandWashington (UPI) Jan 26, 2018 Gas production from three Appalachian states beats domestic demand and displaces regional supplies to the point of supporting exports, a U.S report stated. ... more
OPEC balancing act added $25 per barrel to oil, Saudi minister saysWashington (UPI) Jan 26, 2018 An OPEC effort to balance the market, which includes support from producers like Russia, has added about $25 per barrel to oil, the Saudi oil minister said. ... more
Oil prices pressured by slip in U.S. GDPWashington (UPI) Jan 26, 2018 With the U.S. president touting his nation's economy, crude oil prices wavered around even amid a weaker GDP and new support Friday for the greenback. ... more
Nuclear deal not negotiable, oil-rich Iran saysWashington (UPI) Jan 26, 2018 The Iranian nuclear agreement, under which easing sanctions pressure allowed its oil to flow, is not negotiable, an Iranian member of parliament said Friday. ... more
UK sandwich eating produces same CO2 as 'millions of cars'London (AFP) Jan 25, 2018 Britain's annual sandwich consumption produces the same amount of carbon dioxide as more than eight million cars, according to a study published on Thursday. ... more
California, advocacy groups, sue Trump on fracking lawsWashington (UPI) Jan 25, 2018 In separate filings, California and a coalition of environment and tribal groups sued the Trump administration for repealing rules on hydraulic fracturing. ... more |
![]() Oil and gas survey reveals fear of oversupply
Kurdish oil producer Genel Energy could see gains this yearWashington (UPI) Jan 25, 2018 Kurdish oil player Genel Energy said Thursday its performance improved in the fourth quarter and it was anticipating oil production growth in 2018. ... more
Rig in December fatality in North Sea to be used againWashington (UPI) Jan 25, 2018 A Norwegian safety regulator said it would let oil and gas company Aker BP use a drilling rig in the North Sea on which a fatal accident occurred in December. ... more
Stars align to support a rally in crude oil pricesWashington (UPI) Jan 25, 2018 Positive economic sentiments from the European Central Bank, a balancing market and a weak U.S. dollar all led to large gains for oil prices early Thursday. ... more |
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First cargo of oil lifted from Catcher area in the North SeaWashington (UPI) Jan 24, 2018 Nearly a month after production began, the first cargo of about 500,000 barrels of oil was delivered from the Catcher area in the North Sea, the operator said. ... more
Total takes slice of Chevron oil find in the Gulf of MexicoWashington (UPI) Jan 24, 2018 French energy company said it was setting a deeper footprint in the U.S. waters of the Gulf of Mexico by taking a minority stake in a Chevron-controlled field. ... more
Baker Hughes reports mixed performance amid uncertain marketWashington (UPI) Jan 24, 2018 The performance for drilling services company Baker Hughes was mixed and the market was still uncertain, despite a hike in oil prices, its CEO said Wednesday. ... more
Oil prices mixed, but still holding near $70 per barrelWashington (UPI) Jan 24, 2018 Tighter markets, broad-based economic momentum and more rhetoric from the Organization of Petroleum Exporting Countries helped crude oil prices maintain a band near $70 per barrel on Wednesday. ... more
Offshore could be beating U.S. shaleWashington (UPI) Jan 23, 2018 Some offshore developments outside of North America may be gaining a competitive edge over U.S. shale, sector analysis found. ... more
Kenya says Total is committed to a single export pipelineWashington (UPI) Jan 23, 2018 French energy company Total may buy off Kenyan oil blocks and commit to a single pipeline for exports, the office of the Kenyan president said. ... more |
![]() A tightening oil market drives oil back toward $70 per barrel
Alaska's LNG project inching toward realityWashington (UPI) Jan 23, 2018 A liquefied natural gas project in Alaska could be operating by 2024 because of the quick pace of meeting regulatory requirements, the developer said. ... more
Dutch turning off quake-zone gas for 200 firmsThe Hague (AFP) Jan 23, 2018 The Dutch government has ordered more than 200 of the country's biggest businesses to stop using gas from the quake-prone northern Groningen region, Europe's largest gasfield, officials confirmed Tuesday. ... more
Norwegian oil and gas production better than 2016Washington (UPI) Jan 23, 2018 Oil and gas production from Norway, one of Europe's top producers, was faltered by maintenance in December, but finished higher than 2016, national data show. ... more
High gas prices could be the new normalWashington (UPI) Jan 23, 2018 Abnormal trends for U.S. retail gasoline prices so far could point to higher prices for the year, but there may be short-term relief in store, analysts said. ... more |
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Interpol returns ex-minister wanted for corruption to Iraq Baghdad (AFP) Jan 25, 2018
Interpol Thursday handed over to Iraq a former minister arrested in Beirut over a conviction for corruption, in a first such collaboration with the international police body, a government source said.
"Former trade minister Abdel Falah al-Sudani has landed in Baghdad after having been handed over by Interpol," the source told AFP.
"It's the first time that Interpol responds to a governme ... more |
UN Security Council to inspect 'Iranian-made' missile debris United Nations, United States (AFP) Jan 26, 2018
The UN Security Council will travel to Washington on Monday to inspect debris from missiles allegedly provided by Iran to Yemen's Huthi rebels and hold meetings at the White House, diplomats said.
The ambassadors are expected to meet with President Donald Trump as the US administration seeks international action against Iran, diplomats said.
US Ambassador Nikki Haley last month presented ... more |
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Chinese officials staging 'takeover' of Tibetan Buddhist academy: HRW Beijing (AFP) Jan 25, 2018
Chinese authorities are staging a "takeover" of the world's largest institution for Tibetan Buddhist learning, Human Rights Watch (HRW) said Wednesday, the latest move to bring religion under strict Communist control.
The monastic encampment of Larung Gar was once home to more than 10,000 devotees, their self-built red wooden homes sprawled across a valley in a remote corner of the southwest ... more |
Suicide bomber kills four Malian soldiers Bamako (AFP) Jan 28, 2018 A suicide bomber killed four Malian soldiers on Sunday, the army said, in the second deadly attack this weekend in the country's troubled north.
Mali's deteriorating security situation is of growing concern as Al-Qaeda-linked groups mount increasingly ferocious attacks on domestic and foreign forces.
"A terrorist suicide bomber was destroyed this morning, Sunday, January 28, 2018, in Men ... more |
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A new family of aerodynamic configurations of hypersonic airplanes Beijing, China (SPX) Jan 29, 2018
Hypersonic vehicles, which flight at Mach numbers lager than five (flight velocity more than 6000 km/h), will serve as a more convenient and efficient transport tool than present subsonic airplanes for long-distance journeys in future. Typically, it only takes a couple of hours from Beijing to New York. Recent interest in these vehicles has grown intensively, and various types of innovative desi ... more |
Trump trade crackdown gathering steam, China a target Washington (AFP) Jan 23, 2018
President Donald Trump begins 2018 making good on his aggressive "America First" trade agenda, with China as a primary target.
As he prepares to mingle this week with global leaders at the World Economic Forum in Davos, Switzerland, a traditional cheerleader of free trade, Trump has again ruffled feathers from Beijing to Berlin after imposing steep tariffs on imported washing machines and so ... more |
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Japan, China talks end with friendship vows but no breakthrough Beijing (AFP) Jan 28, 2018 Japan's foreign minister met China's top leadership Sunday for rare diplomatic talks that ended with mutual vows to improve their chilly ties but little in the way of concrete proposals.
The world's second and third largest economies have a fraught relationship, held back by longstanding disputes over maritime claims and Japan's wartime legacy.
Taro Kono's visit to China was the first by ... more |
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