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  Washington (UPI) Feb 6, 2018 The balance between oil supply and demand is delicate and there's nothing to guarantee the price of oil will stay near current highs, Total's CEO said Tuesday. The price for Brent crude oil has at least twice settled above the $70 per barrel mark so far this year, breaking through a ceiling not seen in years. A combination of geopolitical risk factors and strong compliance with an effort by the Organization of Petroleum Exporting Countries to balance an oversupplied market with production cuts ... read more |
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Shale drilling in British Columbia closer to realityWashington (UPI) Feb 6, 2018 A construction permit from the provincial government in British Columbia puts drilling in the emerging Montney shale closer to reality, Calima Energy said. ... more 
Axing fossil fuel subsidies scant help on climate: studyParis (AFP) Feb 7, 2018 Getting rid of massive subsidies for oil, gas and coal will not significantly curb carbon pollution or speed the transition to a greener global economy, researchers said Wednesday, challenging widely held assumptions. ... more 
Oil prices mixed post-selloffWashington (UPI) Feb 7, 2018 Crude oil prices were mixed early Wednesday on signs that U.S. shale oil growth accelerated, but the downturn was moderated by a good EU economic outlook. ... more 
Oil production from Venezuela is at its lowest in decadesWashington (UPI) Feb 7, 2018 Crude oil production from Venezuela in January was at its lowest point in more than 10 years and is likely to continue its decline, an industry report found. ... more |
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| Previous Issues | Feb 07 | Feb 06 | Feb 05 | Feb 03 | Feb 02 |
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U.S. mulls wide-ranging impacts of sanctioning Venezuelan oil Washington (UPI) Feb 5, 2018 A ban on the sale of oil from Venezuela to the United States is something that needs to be considered, the U.S. Secretary of State said. ... more 
Environmentalists appeal ruling over Norway's Arctic oil licencesOslo (AFP) Feb 5, 2018 Environmental groups on Monday said they were appealing to Norway's supreme court a ruling allowing the Nordic nation, western Europe's largest oil and gas producer, to grant exploration licenses in the Arctic. ... more 
Iran prioritizes focus on sunken oil tankerWashington (UPI) Feb 5, 2018 With pollution on the coast of Japan a concern, the Iranian government said Monday it was prioritizing its response to the sinking of the oil tanker, Sanchi. ... more 
U.S. production for Hess balanced by third-party issues offshoreWashington (UPI) Feb 5, 2018 Total U.S. oil production for Hess Corp. during the fourth quarter was balanced by gains from the Bakken shale and third-party issues in the Gulf of Mexico. ... more 
EU missing some energy targetsWashington (UPI) Feb 5, 2018 Members of the European Union were falling short of their energy consumption targets for 2020, data from the EU's statistics office show. ... more |
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 Method of petroleum extraction based on injections of nanosized metal oxide colloids 
French major Total takes more of South African oilWashington (UPI) Feb 5, 2018 French energy company Total said Monday it has expanded its footprint off the South African coast by taking exploration rights offshore Guyana. ... more  |
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US restricts arms transfers to bloodied South SudanWashington (AFP) Feb 2, 2018 Appalled by ongoing violence in South Sudan, Washington on Friday restricted arms transfers to the African country where tens of thousands have died in civil war. ... more 
Russian GDP growth still forecast below 2 percentWashington (UPI) Feb 2, 2018 Though oil prices are flirting with historic highs, growth in Russia's gross domestic product won't reach 2 percent in the near term, the Central Bank said. ... more
Oil prices follow broader markets lowerWashington (UPI) Feb 5, 2018 Crude oil prices followed broader stock market indices Monday, trending lower on rising U.S. output and fears of increasing inflationary pressures. ... more 
Aker BP continues to probe December rig fatalityWashington (UPI) Feb 2, 2018 Norwegian oil and gas producer said in announcing its fourth quarter results it was still looking into what led to a fatal accident on a rig in December. ... more 
Kashagan oil exports reach milestoneWashington (UPI) Feb 2, 2018 By the end of January, the operator of the Kashagan oil field in the Kazakh waters of the Caspian Sea said it exported more than 70 million barrels of oil. ... more |
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 Lausanne, Switzerland (SPX) Feb 05, 2018 
"In my study, I wanted to show that calculating the greenhouse gas emissions of biofuels tells just half of the story. What we really need to do is quantify the emissions of each product coming out of biorefineries," says Edgard Gnansounou, professor at EPFL and head of the school's Bioenergy and Energy Planning Research Group. To that end, Gnansounou has developed a sophisticated computer model ... more |
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 Golden CO (SPX) Feb 08, 2018  Researchers at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) created an environmentally stable, high-efficiency perovskite solar cell, bringing the emerging technology a step closer to commercial deployment.
Over the past decade, perovskites have rapidly evolved into a promising technology, now with the ability to convert about 23 percent of sunlight into elec ... more |
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 Washington (UPI) Jan 31, 2018 
The Irish government, despite what happens for Great Britain, is committed to the European Union's energy and renewable policies, the environment minister said.
"Ireland is now a world leader in integrating renewables onto the electricity grid," Irish Environment Minister Denis Naughten said in comments emailed Wednesday from a renewable energy conference in Dublin. "Whatever the final ... more |
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 Istanbul (AFP) Feb 6, 2018 
The Turkish consortium that was to build Turkey's first nuclear power plant in a joint venture with the Russian atomic energy agency has pulled out of the ambitious project, reports said on Tuesday.
The Cengiz-Kolin-Kalyon (CKK) consortium - made out of three major privately-owned Turkish industrial conglomerates - has left the project due to a failure to agree commercial terms, the state ... more |
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 Los Angeles CA (SPX) Feb 06, 2018 
USC scientists have unlocked a new, more efficient pathway for converting methane - a potent gas contributing to climate change - directly into basic chemicals for manufacturing plastics, agrochemicals and pharmaceuticals.
In research published on Dec. 4 in the Journal of the American Chemical Society, chemists at USC Loker Hydrocarbon Research Institute say they have found a way to help t ... more |
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 New York (AFP) Feb 7, 2018 
A day after launching one of its cars into space, Tesla moved Wednesday to ease concerns on earth over production delays for its Model 3, the key to future growth for the star electric carmaker.
In its quarterly earnings update, the carmaker led by entrepreneur Elon Musk said it is moving ahead toward its goal of producing 5,000 Model 3 vehicles per week by the end of the second quarter.
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 Arbil, Iraq (AFP) Feb 6, 2018  Authorities in Iraqi Kurdistan said Tuesday they had detained some 4,000 suspected members of the Islamic State jihadist group, including foreigners, in recent years.
They include around 1,000 jihadists who surrendered during the battle for Hawija, the last IS urban stronghold in Iraq until its fall late last year, Iraqi Kurdish official Dindar Zibari told reporters.
He said 350 people d ... more |
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 Hill AFB UT (SPX) Feb 06, 2018 
The U.S. Air Force recently awarded Lockheed Martin an $81 million Technology Maturation and Risk Reduction (TMRR) contract to provide a design and functional prototype to replace the aging Airborne Launch Control System aboard the E-6B Mercury Airborne Command Post.
The Airborne Launch Control System-Replacement (ALCS-R) program will provide a survivable alternate launch capability for th ... more |
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 Beijing (AFP) Feb 6, 2018  China acknowledged Tuesday that Swedish book publisher Gui Minhai was in custody under criminal law, brushing aside Stockholm's protests after he was seized under the eyes of Swedish diplomats last month.
Gui, 53, was arrested on a train to Beijing just over two weeks ago while being assisted by two Swedish diplomats - the second time he has disappeared in murky circumstances into Chinese c ... more |
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 Abuja (AFP) Feb 7, 2018 
Nigeria's army on Wednesday said it would send troops into the country's volatile central states to quell violence between farmers and herders that has killed hundreds in recent weeks.
Major General David Ahmadu said the deployment from February 15 would crack down on "herdsmen/farmers clashes and attacks on innocent members of our communities, particularly in Benue, Taraba and Nasarawa stat ... more |
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 Washington (UPI) Jan 31, 2018 
Bell-Boeing JPO was awarded a contract for upgrades to three MV-22 Osprey aircraft.
The deal, announced Tuesday by the Department of Defense, is valued at more than $69.6 million and is a modification to a previously awarded undefinitized contract classified under the terms of a cost-plus-fixed fee, firm-fixed price contract.
The modified contract provides for the upgraded config ... more |
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 Beijing (AFP) Feb 5, 2018 
China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores.
The moves were outlined in a report Sunday by Financial News, a publication under the People's Bank of China, which said the aim was to snuff out the "dying cinders" of cryptocurrency trading and initial coin offerings " ... more |
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 Darwin, Australia (AFP) Feb 6, 2018  US commitment to the Asia-Pacific remains unwavering even though rivals falsely depict its influence as waning, the country's top general said Tuesday.
General Joe Dunford's remarks came weeks after the Pentagon unveiled a new national defence strategy labelling China as a "strategic competitor" that bullies its neighbours, and as America seeks to counter a narrative that President Donald T ... more |
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 Berlin, Germany (SPX) Feb 06, 2018 
Tiny plastic particles also present a threat to creatures on land and may have damaging effects similar or even more problematic than in our oceans. Researchers from the Leibniz-Institute of Freshwater Ecology and Inland Fisheries (IGB) and their Berlin colleagues warn: the impact of microplastics in soils, sediments and the freshwaters could have a long-term negative effect on terrestrial ecosy ... more |
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 Bethlehem, PA (SPX) Feb 08, 2018 
Bridges make great metaphors for connection, as in "bridging our differences" and "building bridges." That may be because bridges play such a vital role in connecting people in real life.
And, in a natural disaster such as a flood, hurricane or tsunami, connecting people via functioning bridges can mean the difference between life and death during the event itself. In the aftermath, bridge ... more |
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