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Iraq seeks $88.2 bln for reconstruction: minister![]() Kuwait City (AFP) Feb 12, 2018 Iraq needs $88.2 billion to rebuild after years of war against the Islamic State group, Planning Minister Salman al-Jumaili said Monday, as an international conference on the country's reconstruction opened in Kuwait. Iraq hopes to raise billions of dollars in pledges at the three-day meeting, as the country reels from the rise of IS and punishing fightback against the jihadist group. Baghdad declared victory against IS in December, after almost three years of war against the jihadist group that ... read more |
OPEC: United States leads in new oil productionWashington (UPI) Feb 12, 2018 Economists at the Organization of Petroleum Exporting Countries said they expected more oil from non-member states, with the United States leading the pack. ... more
Oil prices bounce back after rough week in equitiesWashington (UPI) Feb 12, 2018 Crude oil prices recovered lost ground in early Monday trading on expectations of strong global demand and a rebound in global stock markets. ... more
SMU study finds earthquakes continue for years after gas field wastewater injection stopsDallas TX (SPX) Feb 14, 2018 Efforts to stop human-caused earthquakes by shutting down wastewater injection wells that serve adjacent oil and gas fields may oversimplify the challenge, according to a new study from seismologist ... more
Canada's Suncor moves into Norwegian watersWashington (UPI) Feb 12, 2018 Independent Norwegian producer Faroe Petroleum said Monday it was bringing a regional subsidiary of Canada's Suncor into operations in the Norwegian Sea. ... more |
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| Previous Issues | Feb 13 | Feb 12 | Feb 11 | Feb 09 | Feb 08 |
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Stalemate erupting offshore CyprusWashington (UPI) Feb 12, 2018 The Turkish government said its counterparts in Cyprus were over-reaching with their efforts to drill for oil and gas reserves in the Mediterranean Sea. ... more
U.S. oil and gas improvements spreading out from TexasWashington (UPI) Feb 7, 2018 Growth in U.S. exploration and production activity is spreading outside the Permian shale to the rest of the country, monthly figures indicate. ... more
Oklahoma's earthquakes strongly linked to wastewater injection depthBristol UK (SPX) Feb 08, 2018 Man-made earthquakes in Oklahoma, USA, are strongly linked to the depth at which wastewater from the oil and gas industry are injected into the ground, according to a new study led by the University ... more
Russia to boost Sudan military: BashirKhartoum (AFP) Feb 8, 2018 President Omar al-Bashir on Thursday said that Khartoum and Moscow have agreed on a programme to boost Sudan's military capabilities. ... more
U.S. spending bill calls for sale of strategic oil reservesWashington (UPI) Feb 9, 2018 A component of the bipartisan U.S. spending bill that called for the sale of strategic oil reserves was a consideration met with criticism on Friday. ... more |
![]() Uproar continues over Trump's offshore drilling plans
Russia lowers key rate while striking upbeat toneWashington (UPI) Feb 9, 2018 Volatility in food and crude oil prices could drive inflation in either direction for Russia, though its Central Bank said Friday it was lowering its key rate. ... more |
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Oil prices search for momentum on competing trendsWashington (UPI) Feb 8, 2018 Crude oil prices moved moderately lower in early Thursday trading, though strong U.S. oil output was offset somewhat by good economic news. ... more
U.S. mulling over impact of oil-related sanctions on VenezuelaWashington (UPI) Feb 8, 2018 The U.S. government is weighing the potential negative impacts of placing sanctions on Venezuelan oil or oil-related products, the secretary of state said. ... more
Oil prices slump, even after sigh of relief on passage of U.S. budget billWashington (UPI) Feb 9, 2018 Crude oil prices continued their losses in early Friday trading amid broad-based volatility and mounting concerns of supply-side pressures. ... more
Iraq banks on private sector for post-IS reconstructionBaghdad (AFP) Feb 10, 2018 Months after declaring victory over jihadists, war-battered Iraq hopes to attract billions of dollars from private investors as well as donors to fund its reconstruction. ... more
Outlook for one of Norway's biggest oil fields improvesWashington (UPI) Feb 7, 2018 Most of the metrics, from the expected price of oil to break even to the resource range, have improved at one Norway's most promising fields, partners said. ... more |
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Lithuanian researchers: Wastewater treatment plants could generate electricity Kaunas, Lithuania (SPX) Feb 13, 2018
Researchers of Kaunas University of Technology (KTU), Lithuania are working on improving the efficiency of microbial fuel cells (MFC) by using modified graphite felt. Primary results show that the new MFC can generate 20 percent higher voltage than usual cells.
Over the past 20 years, nearly three-fourths of human-caused emissions came from the burning of fossil fuels. Increasing pollution ... more |
NREL scientists demonstrate remarkable stability in perovskite solar cells 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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Ireland pushing for greener economy 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 |
Turkey's first nuclear power plant set for investor shake-up: reports 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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S.Africa declares drought a 'national disaster' Cape Town (AFP) Feb 13, 2018
South Africa on Tuesday declared a "national disaster" over a drought that has ravaged parts of the country and threatened to leave homes in Cape Town without running water.
The government said it had elevated the drought to a "national disaster" after reassessing its "magnitude and severity".
Cape Town is in the grip of a three-year-long drought as sparse winter rains have failed to bri ... more |
Waymo, Uber end trade secrets theft trial with settlement San Francisco (AFP) Feb 9, 2018 Waymo and Uber announced an agreement Friday in the blockbuster federal lawsuit over allegedly stolen trade secrets from the former Google self-driving car project.
The surprise agreement ends a trial between the two Silicon Valley rivals competing in a race to develop autonomous cars, after four days of testimony before a federal judge in San Francisco.
A source familiar with the confid ... more |
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Iraqi air force to receive air training academy Washington (UPI) Feb 12, 2018
Spartan Air Academy Iraq has been awarded a contract by the U.S. Army to establish an air training academy for the Iraqi air force.
The deal, announced Friday by the Department of Defense, is valued at $45 million under a firm-fixed-price, indefinite-delivery, indefinite-quantity contract.
The agreement calls for Spartan Air Academy Iraq, of Addison, Texas, to establish a flight ... more |
Russians held for 'mining bitcoin' at top nuclear lab Moscow (AFP) Feb 9, 2018
Engineers at Russia's top nuclear research facility have been detained after they attempted to mine bitcoin on its computers, Russian news agencies reported Friday.
Several employees at the Russian Federal Nuclear Centre in the city of Sarov have been detained after making "an attempt to use the work computing facilities for personal ends, including for so-called mining," a spokeswoman for t ... more |
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China's former internet czar expelled from Communist Party Beijing (AFP) Feb 13, 2018
China's former internet czar, who oversaw a tightening of online censorship during his tenure, has been expelled from the Communist Party for taking bribes, the top graft watchdog said Tuesday.
More than 20 allegations against Lu Wei, ranging from serious crimes to criticisms of his character, were listed on the website of the Central Commission for Discipline Inspection, which announced the ... more |
Rapid land changes forecast for East African savannahs York UK (SPX) Feb 13, 2018
A study, presenting a 5000-year environmental history of the popular tourist destination, Amboseli National Park in Kenya, has shown that the impact of climate change on land is more rapid than previously thought.
Over the period, environmental changes surrounding the savannah and wetlands occur within decades, revealing a dynamic eco-system that is constantly evolving and responding to cl ... more |
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Boeing to upgrade Japanese AWACS aircraft Washington (UPI) Feb 13, 2018 Boeing has been awarded a contract for mission computing upgrades in support of four Japanese E-767 aircraft and associated ground systems.
The deal, announced Monday by the Department of Defense, is valued at more than $60.9 million under a hybrid fixed-price-incentive-firm, firm-fixed-price, cost-plus-fixed-fee, and cost-plus-incentive-fee contract.
The Boeing manufactured E-76 ... more |
Trade on agenda as China's top envoy visits US Washington (AFP) Feb 9, 2018 US Secretary of State Rex Tillerson welcomed Chinese state councillor Yang Jiechi to Washington on Thursday as the world's two most powerful diplomats talked trade, drugs and North Korea.
Yang is in Washington for two days at a time when relations between the top powers are dominated by the North Korean nuclear stand-off and President Donald Trump's concerns about their trade imbalance.
... more |
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NATO chief warns EU over defence pact Brussels (AFP) Feb 13, 2018
NATO chief Jens Stoltenberg on Tuesday warned the EU its new defence cooperation pact must not undermine the alliance, as US officials voiced fresh concerns about the flagship initiative.
The European Union launched the scheme with great fanfare in December, touting it as a way to get member states to work more closely post-Brexit and spend more effectively on defence projects.
But the p ... more |
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Germany eyes free transport to banish air pollution Frankfurt Am Main (AFP) Feb 13, 2018 "Car nation" Germany has surprised neighbours with a radical proposal to reduce road traffic by making public transport free, as Berlin scrambles to meet EU air pollution targets and avoid big fines.
The move comes just over two years after Volkswagen's devastating "dieselgate" emissions cheating scandal unleashed a wave of anger at the auto industry, a keystone of German prosperity.
"We ... more |
Hong Kong police probe deadly bus accident Hong Kong (AFP) Feb 11, 2018 A deadly Hong Kong bus crash that killed 19 and left scores more injured was under investigation Sunday, with the city's leader calling for a wide-ranging inquiry as questions surfaced over the industry's long hours and low pay.
Most victims of the accident on Saturday evening, which saw a double decker flip over and smash into a lamppost, were men aged in their 50s and 60s, according to loc ... more |
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