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Stocks, oil prices lower on tariff hike jitters![]() Washington (UPI) Mar 5, 2018 Stocks and crude oil prices opened lower Monday on fears of U.S. steel and aluminum tariffs proposed by President Donald Trump. At the opening, the Dow Jones Industrial Average fell more than 100 points. The S&P 500 also declined 0.5 percent, with financials and industrial sectors experiencing the worst loss, and the Nasdaq composite was 0.3 percent lower. Brent crude was trading lower by 0.23 percent to 64.22 at 10 a.m. Last Thursday, Trump announced the United States would imple ... read more |
Turkey court rejects appeal to free Greek soldiers: reportAnkara, Turkey (AFP) March 5, 2018 A Turkish court on Monday rejected a request for the release of two Greek soldiers arrested last week for illegally entering the country, local media reported. ... more
PNG quake leaves 67 dead as aftershocks rock homesSydney (AFP) March 5, 2018 At least 67 people were killed by an earthquake that devastated Papua New Guinea's remote highlands last week, the Red Cross said Monday, with thousands more homeless and without food and clean water. ... more
Canadian songbirds change calls to adapt to oil and gas drilling noiseWashington (UPI) Mar 5, 2018 Songbirds native to Canada's prairies are still in communication with one another despite the interference of oil and gas drilling sounds, new research shows. ... more
Trump tariffs out of alignment with energy dominance questWashington (UPI) Mar 2, 2018 Tariffs on steel and aluminum announced by U.S. President Donald Trump brought concerns from the very energy sector he's trying to support. ... more |
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| Previous Issues | Mar 05 | Mar 03 | Mar 02 | Mar 01 | Feb 28 |
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British energy demand strains from winter Storm Emma waneWashington (UPI) Mar 2, 2018 Demand strains from winter Storm Emma, which caused widespread problems across much of Europe, have eased somewhat, a British utility said Friday. ... more
Man-made earthquake risk reduced if fracking is 895m from faultsDurham UK (SPX) Mar 02, 2018 The risk of man-made earthquakes due to fracking is greatly reduced if high-pressure fluid injection used to crack underground rocks is 895m away from faults in the Earth's crust, according to new r ... more
New funding surfaces for offshore GambiaWashington (UPI) Feb 26, 2018 Up to $45 million in costs to drill a well off the Gambian coast is covered through a deal with Malaysian oil company PETRONAS, Australia's FAR Ltd. said. ... more
Statoil shows its commitment to British offshore explorationWashington (UPI) Mar 1, 2018 Three new wells are planned as part of a multi-million-dollar drilling campaign that includes testing a new oil discovery made in British waters, Statoil said. ... more
Winter Storm Emma strains British gas suppliesWashington (UPI) Mar 1, 2018 Severe weather striking the United Kingdom and parts of Europe means there's a deficit of natural gas on the market, a British utility said Thursday. ... more |
![]() Spring gas prices could be the highest in two years
OMV sells off its Pakistan upstream unitWashington (UPI) Mar 1, 2018 Austrian energy company OMV said it was leaving the Pakistani exploration and production sector behind with a $191 million divestment. ... more |
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U.S. supply builds send oil prices lower for second straight dayWashington (UPI) Mar 1, 2018 Supply-side strains resurfaced in the United States to help send crude oil prices on pace for a second day of heavy losses in Thursday trading. ... more
Sanctions force Exxon out of joint venture with a Russian oil companyWashington (UPI) Mar 1, 2018 U.S. and European sanctions on Russia meant Exxon Mobil had to leave a joint venture with Russian oil company Rosneft, the U.S. supermajor said in a filing. ... more
Chinese oil baron hit by investigation: reportBeijing (AFP) March 1, 2018 Shares of two firms linked to Chinese conglomerate CEFC China Energy tumbled Thursday after a report that its high-flying chairman was under investigation. ... more
Economy for oil-rich Alberta beats United StatesWashington (UPI) Mar 1, 2018 Economic growth in oil-rich province of Alberta beat gains from the United States on the back of higher oil prices, its government announced. ... more
Shale-rich Oklahoma still facing seismic testWashington (UPI) Feb 28, 2018 Shale-rich Oklahoma recorded a minor tremor early Wednesday, highlighting state struggles to address geological concerns in its energy sector. ... more |
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Malaysia to press EU on planned palm oil ban in biofuels Singapore (AFP) March 1, 2018
Malaysia will press the European Union not to ban palm oil in biofuels during talks this week, the country's trade minister said Thursday, warning the move would hit the rural poor.
The European Parliament earlier this year voted in favour of a draft law on renewable energy that calls for the use of palm oil in biofuels to be banned from 2021, amid mounting worries about its impact on the en ... more |
Materials 'sandwich' breaks barrier for solar cell efficiency Brooklyn MY (SPX) Mar 06, 2018
Solar cells have great potential as a source of clean electrical energy, but so far they have not been cheap, light, and flexible enough for widespread use. Now a team of researchers led by Tandon Associate Professor Andre D. Taylor of the Chemical and Biomolecular Engineering Department has found an innovative and promising way to improve solar cells and make their use in many applications more ... more |
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Windlab exceeds prospectus forecast; scales up operations Sydney, Australia (SPX) Mar 02, 2018
Windlab Limited has released its annual results for the 2017 year. Windlab delivered a strong financial result for 2017, and in doing so met its prospectus revenue forecast and exceeded its Net Profit Before Tax (NPBT) statutory prospectus forecast.
The Company achieved strong revenue and earnings growth. Revenue for the year grew 36% to $23.3M, excluding equity accounted profits from asso ... more |
US lawmaker concerned over nuclear overtures to Saudi Washington (AFP) Feb 28, 2018
An American legislator has expressed concern over the Trump administration's efforts to sign a nuclear cooperation accord with Saudi Arabia, which is preparing to build its first reactors.
Riyadh plans to announce at the beginning of March who will construct the first two of up to 16 reactors, and negotiations are under way with the United States for its agreement to export technology needed ... more |
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Models show global warming could be limited to 1.5 degrees Celsius Washington (UPI) Mar 5, 2018
Scientists have developed new models to better understand how governments can work together to ensure global warming is limited to 1.5 degrees Celsius by 2100.
The different models consider a variety of political, socioeconomic and technological factors, including the impacts of economic inequality, energy demand and regional cooperation. The models considered five different so-called S ... more |
Infineon, SAIC set up electric car joint venture in China Frankfurt Am Main (AFP) March 2, 2018
German computer chip maker Infineon said Friday it is teaming up with China's biggest car maker, SAIC Motor Corporation, to produce power modules for the Chinese electric car market, the world's biggest.
Infineon said in a statement it will hold a 49-percent stake in the new Shanghai-based company, SAIC Infineon Automotive Power Modules (SIAPM), which will make inverters - vital parts that ... more |
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Iraq orders seizure of assets of Saddam-era officials Baghdad (AFP) March 5, 2018 Iraq has ordered the seizure of assets that belonged to executed dictator Saddam Hussein and more than 4,200 officials from his former regime, an official statement said Monday.
The list of ex-regime bosses was drawn up by the Iraqi agency charged with tracking down former officials from Saddam's Baath Party, and includes their relatives.
Saddam's name appeared at the top of the list an ... more |
US training Europeans to use nukes against Russia: Lavrov Geneva (AFP) Feb 28, 2018
Russian Foreign Minister Sergei Lavrov on Wednesday accused Washington of training Europeans in the use of nuclear weapons, with the aim of using them against his country.
"Nuclear disarmament is hampered by the US non-strategic nuclear weapons in Europe," Lavrov told the UN Conference on Disarmament in Geneva.
Russia's top diplomat took particular issue with "nuclear so-called sharing ... more |
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Tibetans greet new year with giant Buddhas, dancing and lamb carcasses Rebkong County, China (AFP) March 4, 2018
Despite a few elbows to the face, Tsering pushed through the broil of Tibetan worshippers and lifted her bawling two-year-old over the mad crush, briefly pressing the girl's forehead to a passing sacred scroll.
Scores of monks and men heaved the enormous thangka - an image of Buddha painted on silk, rolled up in a tight cylinder while in transit - through the packed streets around Rongwo M ... more |
IS video of Niger attack highlights US troops' vulnerability Washington (AFP) March 5, 2018
A propaganda video released by the Islamic State group that apparently shows the deadly ambush of US troops in Niger raised fresh questions Monday as to the nature of the mission and why the soldiers had been left so vulnerable.
The distressing video, distributed by a pro-IS news agency, includes graphic footage taken by a solder wearing a helmet camera.
It shows the chaos of the attac ... more |
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Lockheed awarded $155M on two contracts for F-35 work Washington (UPI) Mar 1, 2018 Lockheed Martin has been awarded two contracts worth more than $155 million for work on the F-35 fighter fleets of the United States and foreign customers.
The Department of Defense announced on Wednesday that it has awarded a $148.7 million contract for logistics services for all branches of the U.S. military and foreign customers, as well as $7.4 million for the sustainment of the U.S ... more |
China sets 2018 GDP target at 'around 6.5%' Beijing (AFP) March 5, 2018
China set its 2018 economic growth target at "around 6.5 percent" on Monday, in line with expectations but lower than the 6.9 percent increase registered last year.
The target, which is the same as last year, was presented by Premier Li Keqiang in a report for Monday's opening session of the annual National People's Congress, the rubber-stamp parliament.
The figure, along with an inflati ... more |
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US carrier on historic Vietnam visit amid sea rift with China Aboard The Uss Carl Vinson (AFP) March 5, 2018 A US aircraft carrier arrived in Vietnam on Monday for the first time since the end of the war, as the former foes bolster military ties in the face of Beijing's build-up in the disputed South China Sea.
The USS Carl Vinson will make a four-day port call to the central city of Danang for a highly symbolic trip that will include a visit to a centre for victims of Agent Orange, the toxic defol ... more |
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Indonesia scrubbing the 'world's dirtiest river' Majalaya, Indonesia (AFP) March 2, 2018
The scabies on Indonesian rice farmer Yusuf Supriyadi's limbs are a daily reminder of the costs of living next to the "world's dirtiest river".
Supriyadi depends on the Citarum's murky waters - a floating carpet of household rubbish, toxic chemicals and animal feces - to irrigate a small rice plot in West Java that sustains his family of six.
The farmer's rice yield is now down by two- ... more |
At the UN, a diplomatic dance decides the fate of nations United Nations, United States (AFP) March 3, 2018
The issues that come before the UN Security Council are the gravest to face any decision-making body - questions of war and peace, life and death.
But when world diplomats are building towards a weighty decision, almost any diplomatic tactic seems fair game, even sleight of hand.
All the envoys in endless daily meetings in the vast glass-walled tower on Turtle Bay, New York, would say ... more |
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