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  Washington (UPI) Feb 15, 2018 Crude oil prices declined Thursday as steady gains in U.S. crude oil production offset Saudi comments during the previous session on cuts. Oil producers from the Organization of Petroleum Exporting Countries stood firm to their commitment to balance an oversupplied market with coordinated production cuts during meetings this week in Riyadh. Saudi Arabian Energy Minister Khalid al-Falih fueled a rally Wednesday when he said producers were firmly committed to a balanced market. "In other w ... read more |
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Even though Texas improved, total U.S. proved oil reserves held steadyWashington (UPI) Feb 15, 2018 Texas added almost 1 billion barrels of proved oil reserves at the end of 2016, but net proved reserves were unchanged from the prior year, new data show. ... more 
IEA: U.S. oil production, exports means shift in trade patternsWashington (UPI) Feb 13, 2018 A second wave of U.S. shale oil production, now a major exporter, means trade patterns are shifting to, not from, the Middle East, the IEA said. ... more 
Energy market balance still seems elusiveWashington (UPI) Feb 15, 2018 The race toward energy market balance is getting closer to its goal, though U.S. data showed crude oil inventories "remain bloated," a Platts report found. ... more 
UN envoy sees possible South Sudan deal from talks in EthiopiaUnited Nations, United States (AFP) Feb 15, 2018 The latest round of Ethiopia-led peace talks on South Sudan will wrap up on Friday with a possible agreement that could pave the way to further negotiations on ending the war, the UN envoy said. ... more |
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| Previous Issues | Feb 15 | Feb 14 | Feb 13 | Feb 12 | Feb 11 |
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Egyptian gas momentum picks up with Atoll, Zohr fieldsWashington (UPI) Feb 13, 2018 Egyptian natural gas prospects improved on Tuesday when British supermajor BP said its first startup of the year came from the Mediterranean Sea. ... more 
Clash with military in Venezuela mining town leaves 18 dead: reportCaracas (AFP) Feb 11, 2018 A military raid against suspected criminals in a troubled mining area in southeastern Venezuela has left 18 people dead, human rights organizations and opposition leaders said Sunday. ... more 
Statoil to lead North Sea spending, data showWashington (UPI) Feb 14, 2018 More than $58 billion in North Sea spending is expected over the next two years, and most of that is from the Johan Sverdrup field offshore Norway, data show. ... more 
OPEC secretary general speaks of market patienceWashington (UPI) Feb 14, 2018 While pointing to emerging optimism in the energy markets, OPEC's secretary general said Wednesday that any focus on stability should be long-term. ... more 
Oil prices pointing toward correction territoryWashington (UPI) Feb 14, 2018 Supply-side pressures and broader signs that markets may have overheated earlier this year helped send crude oil prices lower in early Wednesday trading. ... more |
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 U.S. export vision extends into Iraqi energy 
Donors pledge $30 bn for Iraq reconstruction at Kuwait conferenceKuwait City (AFP) Feb 14, 2018 Governments, global funds, organisations and investors on Wednesday pledged billions of dollars in loans and investment for the reconstruction of Iraq, a nation reeling from a three-year war against the Islamic State group. ... more  |
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Cyprus backs EU diplomacy to end energy standoff with TurkeyNicosia (AFP) Feb 14, 2018 Cyprus said Wednesday it is counting on behind-the-scenes EU diplomacy to end the standoff with Turkish warships blocking an Italian drillship from exploring for gas in the island's politically sensitive waters. ... more 
Colorado outlines new oil and gas line rulesWashington (UPI) Feb 14, 2018 New rules on oil and gas infrastructure in Colorado outline comprehensive oversight and follow a review of a fatal explosion last year, the government said. ... more 
BHP takes $1.8B charge on U.S. tax overhaulWashington (UPI) Feb 13, 2018 Australian energy and mining company BHP Billiton said Tuesday it's anticipating a $1.8 billion charge on U.S. tax code changes, but expects long-term benefits. ... more 
War-battered Iraq says it's 'open for investors'Kuwait City (AFP) Feb 13, 2018 War-battered Iraq sought Tuesday to attract international investors to rebuild the country after defeating the Islamic State group, offering hundreds of projects and touting extensive legal guarantees. ... more 
Erdogan warns foreign companies over gas drilling near CyprusAnkara (AFP) Feb 13, 2018 President Recep Tayyip Erdogan on Tuesday warned foreign energy companies not to "overstep the mark" in the Mediterranean, after Turkey's warships blocked an Italian drilling vessel seeking to begin exploration for gas off Cyprus. ... more |
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 Urbana, IL (SPX) Feb 15, 2018 
Plant lovers are familiar with peat moss as the major component of potting mix, but harvest of the material is becoming unsustainable. Not only is peat being removed faster than it can re-form, its use in potting mix contributes to the release of carbon dioxide into the atmosphere.
"Peat bogs naturally store carbon. When peat moss is harvested, there's a transfer of a global carbon sink in ... more |
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 Beijing (Sputnik) Feb 14, 2018 
China recently completed a test of a solar-powered drone capable of flying at extremely high altitudes for more than half a day straight. And it can also shoot missiles.
The People's Liberation Army tested a variant of its CH-4 Rainbow drone for six days, the People's Daily reported February 12, conducting live-fire trials in extreme weather conditions.
"The capacity and variety of i ... 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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 Tokyo (AFP) Feb 14, 2018 
Troubled Japanese conglomerate Toshiba said on Wednesday it would swing into the black for the full fiscal year as it completes the multi-billion-dollar sale of its chip business to restore its balance sheet.
The Tokyo-based firm said it now expects a net profit of 520 billion yen ($4.9 billion) for the year to March, reversing a net loss of 966 billion yen a year earlier.
Toshiba, which ... more |
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 Washington (AFP) Feb 13, 2018  The top US intelligence official issued a warning on Tuesday about the dangers of climate change in testimony that was seemingly at odds with the skepticism of President Donald Trump and other members of his administration.
"The impacts of the long-term trends toward a warming climate, more air pollution, biodiversity loss, and water scarcity are likely to fuel economic and social discontent ... more |
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 Ann Arbor MI (SPX) Feb 16, 2018 
The added weight, electricity demand and aerodynamic drag of the sensors and computers used in autonomous vehicles are significant contributors to their lifetime energy use and greenhouse gas emissions, according to a new study.
However, when savings from the driving efficiencies associated with self-driving vehicles are factored into the equation, the net result is a reduction in lifetime ... more |
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 Mosul, Iraq (AFP) Feb 14, 2018  The streets of Mosul have seen plenty of blood, but on Wednesday the Iraqi city's markets were red with Valentine's Day gifts instead - for the first time since the end of jihadist rule.
Shops did a brisk trade selling plastic roses and heart-shaped balloons, something that under their former jihadist rulers would have been a crime punishable by death.
Student Rafal Fathi donned a full- ... more |
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 Washington (AFP) Feb 13, 2018 
North Korea's nuclear program poses a potential "existential threat" to the United States, US Director of National Intelligence Dan Coats said Tuesday.
"The decision time is becoming ever closer in terms of how we respond to this," Coats said in remarks to the Senate Intelligence Committee.
"Our goal is a peaceful settlement," he added. "We're using maximum pressure on North Korea in var ... more |
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 Macau (AFP) Feb 15, 2018 
MGM China is opening its new multi-billion-dollar mega resort in Macau's glitzy Cotai strip on Tuesday following multiple delays and last-minute hiccups in the government approval process.
The launch of the $3.4-billion resort comes as Macau is undergoing something of a renaissance, with gaming revenues bouncing back after being hard hit by a corruption crackdown launched by China's Presiden ... more |
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 Libreville (AFP) Feb 9, 2018  The Cameroonian army on Friday denied its troops were responsible for alleged atrocities against separatists in English-speaking regions after unverified footage apparently involving soldiers was posted online.
"These accusations of atrocities are dreamt up. We are victims of disinformation and fake news," army spokesman Colonel Didier Badjeck told AFP, just days after the appearance of the ... more |
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 Washington (UPI) Feb 13, 2018 
The U.S. Air Force has rolled out plans to phase out the B-1B and B-2 bomber fleets as it makes way for the new B-21 Raider, which is currently under development by Northrop Grumman.
Air Force officials on Monday made public their bomber fleet plans during a Pentagon press briefing for the service's 2019 fiscal year budget request.
"As part of our decisions presented in the FY19 ... more |
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 Washington (AFP) Feb 13, 2018  US President Donald Trump threatened retaliatory action against two major Asian trading partners Tuesday, warning of sanctions against China while vowing to revise or scrap a free trade deal with South Korea.
Accusing Beijing of decimating American steel and aluminum industries, Trump said he was "considering all options," including tariffs and quotas.
Trump recently received two Commerc ... more |
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 Brussels (AFP) Feb 15, 2018  NATO has reached an understanding on defence ties with the EU while top allies Washington and Ankara are finding "common ground" in a row over Syria, US defence secretary Jim Mattis said Thursday
A new European Union defence pact and Turkey's offensive against US-backed Kurdish fighters in Syria have put strains on a transatlantic alliance facing a more assertive Russia and threats from the ... more |
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 Manila (AFP) Feb 14, 2018  Scores of holiday resorts on the Philippines' famous white-sand island Boracay have been given two months to clean up or face closure, officials said Wednesday, after President Rodrigo Duterte warned tourists were swimming in waters polluted by faeces.
The outspoken Philippine leader last week blasted the tiny island's hotels, restaurants and other businesses, accusing them of dumping sewage ... more |
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 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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