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U.S. says planned sales of strategic oil reserves can't hurt![]() Washington (UPI) Feb 22, 2018 Even with planned sales from its strategic reserves, the United States can still meet its obligations to cover an import shortage, the government said. A section of the spending bill signed by U.S. President Donald Trump this month called for the sale of barrels from the Strategic Petroleum Reserve, an asset set up in the 1970s as part of a response to the oil embargo imposed on the United States by Arab members of the Organization of Petroleum Exporting Countries. Last year, the sale of ... read more |
OPEC balancing act depends on over-performanceWashington (UPI) Feb 22, 2018 Compliance with the OPEC-led effort to balance the market with production cuts was supported by "several over-performing countries," a committee said. ... more
Oil and gas services company TechnipFMC wounded, but optimisticWashington (UPI) Feb 22, 2018 Oil and gas services company TechnipFMC faced lingering markets pressures in the fourth quarter as revenues fell, but expressed optimism about the year ahead. ... more
Oil prices move higher after Libyan oil field evacuatedWashington (UPI) Feb 22, 2018 A mixed report on total U.S. petroleum inventories and word of labor-related issues in OPEC-member Libya helped lift oil prices early Thursday. ... more
Japan confirms oil from wrecked tanker hitting its beachesTokyo (AFP) Feb 23, 2018 Oil that has washed ashore on several southern Japanese islands is likely from an Iranian tanker that sank in the East China Sea last month, Japan's coastguard said Friday. ... more |
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| Previous Issues | Feb 21 | Feb 20 | Feb 19 | Feb 16 |
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Norway's oil and gas production steadyWashington (UPI) Feb 21, 2018 Total natural gas production from Norwegian basins in January improved, though not as much as oil when compared with the previous month, data show. ... more
Kuwait's first film on Iraq invasion to make local debutKuwait City (AFP) Feb 21, 2018 Kuwaiti cinemas on Thursday will launch public screenings of "Swarm of Doves", the Gulf state's first feature-length film about the 1990 invasion of the Gulf state by Saddam Hussein's Iraq. ... more
A bad year for oil and gas transparency, watchdog saysWashington (UPI) Feb 21, 2018 From the mixing of U.S. policies and special interests, to backing away from transparency in oil and gas, it's been a "very bad year," a watchdog group said. ... more
Oil seen flowing onshore in JamaicaWashington (UPI) Feb 21, 2018 Oil was found flowing naturally for the first time ever onshore in Jamaica at two locations in what could be a door opener in the Caribbean, companies said. ... more
Iran, India shake hands on energyWashington (UPI) Feb 19, 2018 After signing a handful of agreements in India, Iranian President Hassan Rouhani said his country was ready to meet the country's energy needs. ... more |
![]() Chevron resumes drilling in Iraqi Kurdistan
Iraq wants oil exported through TurkeyWashington (UPI) Feb 20, 2018 The Iraqi government said it wants to discuss with Turkey the potential for moving oil again from federal territory to a port on the Mediterranean Sea. ... more |
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U.S. consumer gas prices still inching lowerWashington (UPI) Feb 20, 2018 U.S. consumers are finally catching a break when they head to the gas station as retail prices follow the price of oil lower, market analysis finds. ... more
Oil prices mixed despite OPEC chatter on long-term coordinationWashington (UPI) Feb 20, 2018 Chatter from OPEC wasn't enough to offset a slowdown in the OECD economies in the fourth quarter, leaving crude oil prices mixed in early Tuesday trading. ... more
Platts: Norwegian oil field too big to ignore for possible Brent updateWashington (UPI) Feb 20, 2018 Once production starts from the Johan Sverdrup oil field in the North Sea, it could be a component of the basket of oils that make up Brent, Platts reported. ... more
Russia mulls LNG option for PakistanWashington (UPI) Feb 20, 2018 Russia could help improve energy security for Pakistan through the delivery of liquefied natural gas, the Russian foreign minister said Tuesday. ... more
BHP expecting bids for its U.S. shale holdings by JuneWashington (UPI) Feb 20, 2018 In reporting its results for the second half of 2017, Australian mining giant BHP Billiton said it's expecting initial bids for its U.S. shale assets by June. ... more |
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Fungal enzymes could hold secret to making renewable energy from wood York UK (SPX) Feb 20, 2018
An international team of researchers, including scientists from the University of York, has discovered a set of enzymes found in fungi that are capable of breaking down one of the main components of wood. The enzymes could now potentially be used to sustainably convert wood biomass into valuable chemical commodities such as biofuels.
As an alternative to coal and oil, wood is increasingly ... more |
EU nations should seize chance to boost renewable energy: study Brussels (AFP) Feb 20, 2018 EU member states should take advantage of falling costs for renewable energy to invest more in the sector and make it account for a third of total energy output by 2030, an new report said Tuesday.
The International Renewable Energy Agency (IRENA) study said the European Union could make renewables account for 34 percent of total production by 2030, up from the current target of 27 percent a ... more |
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World's first floating wind farm put to the test Washington (UPI) Feb 15, 2018
Put to the test with high winds and strong seas, Norway's Statoil said a floating wind farm in Scottish waters shows promise for deepwater installations.
During its first three months in service, the company's Hywind Scotland floating wind farm, the first of its kind, was put to the test and performed better than expected. Hurricane Ophelia in October pummeled the wind farm with 80 mile ... more |
Researchers run first tests of unique system for welding highly irradiated metal alloys Oak Ridge TN (SPX) Feb 20, 2018
Scientists of the Department of Energy's Light Water Reactor Sustainability Program (LWRS) and partners from the Electric Power Research Institute (EPRI) have conducted the first weld tests to repair highly irradiated materials at DOE's Oak Ridge National Laboratory.
The welding system, designed and installed in a hot cell at ORNL's Radiochemical Engineering Development Center, safely encl ... more |
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Even without the clean power plan, US can achieve Paris Agreement emissions reductions Pittsburgh PA (SPX) Feb 19, 2018
Carnegie Mellon University researchers have calculated that the U.S. can meet - or even beat - the near-term carbon dioxide emission reductions required by the United Nations Paris Agreement, despite the Trump Administration's withdrawal of the Clean Power Plan (CPP).
Published in an Environmental Science and Technology viewpoint, the CMU team used data from U.S. Energy Information Adminis ... more |
Though EV demand is growing, range anxiety remains a concern Washington (UPI) Feb 21, 2018
After a forecast for gains in deployment, feedback from a forum by a state public service commission found range anxiety for electric vehicles was a concern.
British energy company BP reported in an annual forecast that it expected 180 million electric vehicles on the world's roads by 2035. That's expected to crimp global oil demand in the coming years as about 30 percent of total miles ... more |
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Yazidi survivor won't return to Iraq for fear of new 'genocide' Geneva (AFP) Feb 23, 2018
Farida Abbas Khalaf, one of thousands of Yazidi women abducted, raped and brutalised by Islamic State group fighters, says the jihadists' departure has not made it safe to return to Iraq.
"Everything is still the same. The same people who joined (IS) are still in those neighbourhoods. How can we return and trust them again?" Khalaf said in an interview with AFP this week.
"Who will guara ... more |
China investigates suspected N. Korea sanctions breach Beijing (AFP) Feb 22, 2018
China said Thursday it was investigating allegations that a ship marked with Chinese characters transferred cargo to a North Korean vessel in a potential violation of UN sanctions on the high seas.
Japan has said a military patrol plane and an escort vessel observed the alleged transfer in the East China Sea last week.
It is the third time this year that Tokyo has reported a cargo transf ... more |
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China rules out arson in Tibetan temple fire Beijing (AFP) Feb 22, 2018
Chinese authorities have ruled out arson as the cause of a recent fire at Tibetan Buddhism's holiest temple, state media reported Thursday, adding an important Buddha statue had emerged "intact" from the blaze.
The report is the first official account of Saturday's fire at the more than 1,300-year-old Jokhang Temple, after authorities suppressed social media accounts of the incident, leadin ... more |
Mali blast kills two French soldiers Paris (AFP) Feb 21, 2018
Two soldiers from France's counter-terrorism force in West Africa were killed and another was hurt Wednesday when their vehicle struck a mine in northeast Mali.
The French army said the attack took place near Mali's borders with Niger and Burkina Faso, a bastion of jihadist activity where three French soldiers were injured in an attack last month.
Their deaths brought to 12 the number o ... more |
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Canada to accept bid from Boeing for new fighter jets Ottawa (AFP) Feb 23, 2018 Canada said Thursday it was allowing Boeing to submit a bid to replace the country's aging F-18 fleet, after an earlier trade dispute between the American manufacturer and Ottawa.
The announcement came a month after the US International Trade Commission rejected a complaint filed by Boeing against its Canadian rival Bombardier, demanding nearly 300 percent anti-dumping duties on the C Series ... more |
HSBC profits surge as CEO departs London (AFP) Feb 20, 2018 Profits at HSBC surged during 2017, in part thanks to a strong Asian performance, the global banking giant said Tuesday as it looks to the future without long-serving chief executive Stuart Gulliver.
Net profit ballooned to $9.7 billion (7.9 billion euros) last year, from $1.3 billion in 2016 when the Asia-focused bank was hit by huge restructuring charges and writedowns.
London-headquar ... more |
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Defying US, Paris and Berlin stand firm on EU defence pact Munich, Germany (AFP) Feb 16, 2018 Europe must be able to stand on its own feet militarily, France and Germany said Friday as they made the case for a new EU defence pact that has rattled Washington.
In opening remarks at the Munich Security Conference, French Defence Minister Florence Parly and her German counterpart Ursula von der Leyen said the EU plan posed no threat to NATO.
But they stressed that the European Union ... more |
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The plastics industry is leaking huge amounts of microplastics Gothenburg, Sweden (SPX) Feb 21, 2018
The problem of plastic pellets in marine environments has been reported since the 1970s and the first recommendations for legislation were introduced in the USA back in the 1990s. However, in Sweden, these spills have only received attention in recent years.
Small plastic pellets are used as raw materials. The pellets are shipped from the manufacturing site to different plants where they a ... more |
Brazil's senate approves military intervention in Rio Bras�lia (AFP) Feb 21, 2018
Brazil's Senate overwhelmingly approved the army's takeover of security in Rio de Janeiro following a breakdown of law and order in drug-ravaged neighborhoods.
Despite criticism that the military intervention could lead to violations of constitutional rights, while also failing to address the causes of the urban violence, the Senate voted late Tuesday by 55 to 13, with one abstention, in fav ... more |
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