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  Washington (UPI) Feb 23, 2018 Even though U.S. crude oil inventory levels indicate a substantial drawdown of a surplus, the data may be covering a wider gap, analysis finds. The U.S. Energy Information Administration reported U.S. crude oil inventories declined 1.6 million barrels last week. Analysts and traders are watching inventories for signs of balance as an oversupplied market in part helped drag the price of crude oil to historic lows, below $30 per barrel, two years ago. Crude oil prices as recently as Septem ... read more |
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Democrats call for renewed offshore safety programWashington (UPI) Feb 23, 2018 The U.S. federal government should continue rigorous inspection of offshore oil and gas development, more than a dozen Democratic senators said. ... more 
Oil-eating microbes are challenged in the ArcticAarhus, Denmark (SPX) Feb 26, 2018 New economic developments in the Arctic, such as trans-Arctic shipping and oil exploitation, will bring along unprecedented risks of marine oil spills. The world is therefore calling for a thorough ... more 
IS kills two policeman in attack on Iraq oilfieldKirkuk, Iraq (AFP) Feb 24, 2018 The Islamic State group on Saturday killed two policemen guarding a northern Iraqi oil field, in a first attack on energy facilities since jihadists were driven from the region's towns, a security source said. ... more 
Crude oil prices searching for direction early FridayWashington (UPI) Feb 23, 2018 Crude oil prices turned somewhat lower in early trading Friday after a report of easing supply-side strains became a bit more nuanced. ... more |
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| Previous Issues | Feb 23 | Feb 22 | Feb 21 | Feb 20 | Feb 19 |
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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 
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 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 
Iran warns on nuke deal if banks cannot do businessLondon (AFP) Feb 22, 2018 Iran's top nuclear negotiator for its 2015 deal with international powers warned on Thursday that the agreement was under threat unless foreign businesses and banks were able to trade freely in the country. ... 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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 Earthquakes in southern Kansas linked with wastewater disposal patterns 
Austria's OMV sees Brent at $60 for the yearWashington (UPI) Feb 21, 2018 Austrian energy company OMV said Wednesday it returned to profit in the fourth quarter and expected the price of crude oil to average $60 per barrel this year. ... more  |
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Rig company Transocean sees hope in crude oil price recoveryWashington (UPI) Feb 21, 2018 Rig company Transocean said it was upbeat about the recovery in crude oil prices so far this year, but acknowledged operating in challenging market conditions. ... more 
Oil prices falter out of the Wednesday gate on demand sentimentWashington (UPI) Feb 21, 2018 Anticipation of gains in U.S. crude oil production and long-term forecasts for an energy market shift sent crude oil prices lower in early Wednesday trading. ... more 
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 |
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 Copenhagen, Denmark (SPX) Feb 26, 2018 
The transition towards sustainable biobased chemical production is important for green growth, but productivity and yield of engineered cells frequently decrease in large industry-scale fermentation. This barrier to commercialization of more bioprocesses is largely ascribed to the physical inefficacies of large cubic-meter steel tanks.
Bioengineers have long debated whether it was realisti ... more |
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 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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 Washington (UPI) Feb 19, 2018 
In what would be its eleventh such project to date in the country, German utility company E.ON said construction started on a new wind farm in Italy.
The company started construction for the 19 wind turbines planned for the Morcone project in Naples, the largest project awarded during an Italian government auction in 2016.
The German company said the construction phase starts wit ... more |
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 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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 Boulder CO (SPX) Feb 26, 2018 
The vestiges of lakes long extinct dot the landscape of the American desert west. These fossilized landforms provide clues of how dynamic climate has been over the past few million years.
Identification of ancient lake shoreline features began with early explorers of the continent. The first detailed studies were conducted by pioneering American geologists such as G.K. Gilbert and I.C. Rus ... more |
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 Frankfurt Am Main (AFP) Feb 23, 2018  German high-end carmaker BMW on Friday recalled thousands of diesel cars for a software update, after reports it had admitted to authorities they released more harmful emissions on the road than in the lab.
BMW "noticed during internal testing that correctly programmed software was wrongly used in a few models that were not compatible," the group said in a statement.
The Munich-based com ... more |
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 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 |
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 Washington (AFP) Feb 24, 2018  US President Donald Trump has rolled out fresh sanctions against North Korea-linked shipping assets, hailing the package as the "heaviest sanctions ever" levied on the Pyongyang regime.
Trump used a speech to conservatives just outside Washington to step up his campaign of "maximum pressure" designed to force North Korea to roll back its weapons programs.
"We imposed today the heaviest s ... more |
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 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 |
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 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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 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 |
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 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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 Beijing (AFP) Feb 25, 2018 
China's Communist Party is calling for the removal of presidential term limits, the official Xinhua news agency reported Sunday, paving the way for Xi Jinping to remain as head of state after 2023.
The party's Central Committee has proposed deleting from the constitution the stipulation that a president "shall serve no more than two consecutive terms" of five years, Xinhua said.
Xi, who ... more |
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 Potsdam, Germany (SPX) Feb 26, 2018 
The nights in the German federal states ("Bundeslander") have been getting brighter and brighter - but not everywhere at the same rate and with one peculiar exemption: light emissions from Thuringia decreased between 2012 and 2017. This is the result of a recent study by scientists Chris Kyba and Theres Kuster from the GFZ German Research Centre for Geosciences together with Helga Kuechly from " ... more |
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 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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