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  Washington (UPI) Mar 28, 2018 The state energy regulator in Texas said it was looking to cut back on some regulations in order to stimulate the economy through increased production. The Railroad Commission of Texas, the state's energy regulator, said it wanted to cut back on testing requirements for oil wells, a data-saving effort that could save the industry $52 million a year. "These cost-savings can then be passed on to create more jobs for Texans and generate more revenue for state coffers through increased energ ... read more |
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Saudi Aramco makes $10B handshake with U.S. firmsWashington (UPI) Mar 28, 2018 Oil and gas field services companies and a think tank in the United States were among those involved in $10 billion in deals, a Saudi oil company announced. ... more 
Over-supply concerns drag oil lower early WednesdayWashington (UPI) Mar 28, 2018 Over-supply concerns on Wednesday spoiled the rally that pushed oil prices above $70 per barrel in recent sessions, though continued recovery is expected. ... more 
Chinese lender gets in line behind Alaska LNG projectWashington (UPI) Mar 28, 2018 A major Chinese bank is among the financial entities tasked with raising equity to develop a liquefied natural gas project in Alaska, the developer said. ... more 
Iraqi oil minister mulls northern provincial reconstructionWashington (UPI) Mar 28, 2018 Oil companies working in northern Iraq have been called on to assist with a reconstruction campaign that began after liberation from ISIS, the oil minister said. ... more |
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| Previous Issues | Mar 29 | Mar 28 | Mar 27 | Mar 26 | Mar 24 |
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Risk, tighter markets drive oil prices higherWashington (UPI) Mar 27, 2018 Tighter market conditions, coupled with geopolitical risk percolating in the Middle East, rekindled a rally Tuesday in the price of crude oil. ... more 
U.S. on pace to become a leader in LNG exportsWashington (UPI) Mar 27, 2018 The United States is on pace to become the third-largest exporter of liquefied natural gas by 2020, behind Australia and Qatar, a federal report found. ... more 
Canadian province vows to keep up fight against pipelineMontreal (AFP) March 27, 2018 The Canadian province of British Columbia vowed Monday to press on with a legal battle against a controversial oil pipeline after a federal court dealt the province a setback. ... more 
Slight dip in Canadian oil exports no detriment to growthWashington (UPI) Mar 27, 2018 A Canadian energy regulator reported a slight drop in crude oil exports, although the country's central bank said all signs point to growth for 2018. ... more 
UK emissions dropped by 6 percent by switching from coal to natural gasSheffield UK (SPX) Mar 27, 2018 Britain's emissions dropped by six per cent in 2016 by switching from coal to natural gas a new study from the University of Sheffield has revealed. The collaborative study by Dr Grant Wilson ... more |
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 China fuel demand boosts Sinopec profit, record dividend planned
Oil prices search for clear direction after last week's big rallyWashington (UPI) Mar 26, 2018 Oil prices were stuck in a tug-of-war of competing narratives early Monday, with U.S. trade and production, alongside Middle East risk, influencing markets. ... more  |
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More oil and gas uncovered offshore NorwayWashington (UPI) Mar 26, 2018 A Norwegian regulator confirmed two separate oil and gas discoveries on Monday, the largest of which could contain at least 35 million barrels of oil. ... more 
Dutch oil trader Vitol sees long-term impact from renewablesWashington (UPI) Mar 26, 2018 After coming off a "challenging year," Dutch oil trader Vitol said Monday it expected the renewable power sector to have the biggest long-term impact. ... more 
Israeli gas field development proceeds quicklyWashington (UPI) Mar 26, 2018 French services company TechnipFMC said Monday it nabbed a contract for work at an Israeli natural gas field less than a week after a final investment decision. ... more 
China eyes new oil benchmark with futures launchShanghai (AFP) March 26, 2018 China launched yuan-denominated oil futures contracts on Monday, marking the first time foreign investors will have access to Chinese commodity futures as the world's top crude importer seeks greater influence over global prices. ... more 
New discovery a good start for Apache in the British North SeaWashington (UPI) Mar 26, 2018 A discovery with at least 10 million barrels of oil was made after drilling into the British waters of the North Sea, Apache Corp. declared. ... more |
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 Berkeley CA (SPX) Mar 27, 2018 
Researchers at the U.S. Department of Energy Joint BioEnergy Institute (JBEI) and Lawrence Berkeley National Laboratory (Berkeley Lab) have discovered a new enzyme that will enable microbial production of a renewable alternative to petroleum-based toluene, a widely used octane booster in gasoline that has a global market of 29 million tons per year.
Results from a study led by Harry Beller ... more |
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 The Hague, Netherlands (SPX) Mar 27, 2018 
Airborne Aerospace has been awarded a contract by Airbus Defence and Space Netherlands to manufacture 48 substrate panels for the solar arrays of twelve new Galileo FOC satellites. The contract, carried out under a programme of the European Union, is the latest result of years of successful collaboration between the two Dutch companies to power the Galileo constellation.
To date, Airborne ... more |
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 Gothenburg, Sweden (SPX) Mar 29, 2018 
The Evolution of Wind Power is the result of a cooperation between The Global Wind Energy Council (GWEC) and renewable energy software company Greenbyte. The interactive map reveals the cumulative installed capacity per country, continent and the world between 1981-2018. Let's take a closer look at the figures and see what has happened in the past twelve months.
China continues its incredi ... more |
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 Abu Dhabi (AFP) March 26, 2018 
The United Arab Emirates said Monday that one of four nuclear reactors at its debut plant has been completed as it moves closer to becoming the first Arab nation to produce atomic power.
The announcement came after visiting South Korean President Moon Jae-in and Abu Dhabi Crown Prince Mohammed bin Zayed toured the $20-billion Barakah plant, the state-run WAM news agency reported.
The pla ... more |
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 Ottawa (AFP) March 27, 2018 
Canada will likely miss a 2020 interim carbon emissions reduction target and will need to take strong measures if it further hopes to meet its Paris agreement commitment, said an audit released Tuesday.
Canada had set a target of reducing greenhouse gas emissions linked to global warming by 17 percent by 2020, from 2005 levels, and by 30 percent by 2030.
But Environment Commissioner Juli ... more |
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 New York (AFP) March 28, 2018 
German luxury carmaker BMW has been sued in the United States over "defeat devices" installed in tens of thousands of vehicles in order to cheat diesel emissions tests, lawyers for the plaintiffs said Tuesday.
The case, filed in federal court in New Jersey, will become a class-action suit once it is certified by a judge.
The suit singles out the BMW X5 and 335D model diesel cars sold bet ... more |
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 London (AFP) March 28, 2018 
A reconstruction, made from date syrup cans, of an ancient Iraqi statue destroyed by Islamic State jihadists was unveiled in London's Trafalgar Square on Wednesday.
The artwork will stand for two years on the empty fourth plinth in the British capital's central square as a monument to the destruction of Iraqi culture since the 2003 US-led invasion.
Created by US conceptual artist Michael ... more |
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 Washington (AFP) March 28, 2018 
US President Donald Trump, who has agreed to meet with Kim Jong Un, said Wednesday there is a now a good chance the North Korean leader will give up his country's nuclear weapons.
"For years and through many administrations, everyone said that peace and the denuclearization of the Korean Peninsula was not even a small possibility," Trump wrote in an early morning tweet.
"Now there is a g ... more |
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 Vatican City (AFP) March 27, 2018 
A Chinese bishop recognised by the Vatican has been arrested in his diocese just as Beijing and the Holy See are set to confirm a historic agreement on the appointment of bishops, a Vatican-linked website reported.
AsiaNews, run by the Pontifical Institute for Foreign Missions - a missionary society recognised by the Vatican - wrote on Tuesday that Vincent Guo Xijin, bishop of the diocese ... more |
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 Accra (AFP) March 28, 2018 
Hundreds of people took to the streets of Accra, Ghana's capital, on Wednesday to protest against a controversial military deal with Washington which was passed by parliament last week.
The agreement was approved by President Nana Akufo-Addo's government on Friday but has come under heavy criticism from the opposition who say it undermines the country's sovereignty.
Ghana and the Unite ... more |
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 Washington (UPI) Mar 26, 2018 
Northrop Grumman was awarded a contract from the U.S. Navy for the E-2D Advanced Hawkeye weapon.
The deal, announced Friday by the Department of Defense, is valued at more than $13.8 million under the terms of a firm-fixed-price contract.
The agreement enables North Grumman to provide, "program and engineering support for E-2D Advanced Hawkeye weapon system trainer development, i ... more |
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 Shanghai (AFP) March 27, 2018 
Two of China's big state-owned banks said Tuesday their profits rebounded in 2017 after a pair of moribund years thanks to an accelerating domestic economy, and analysts expect further gains as a government credit clampdown favours big lenders.
The Industrial and Commercial Bank of China (ICBC), the world's biggest lender in terms of total assets, said full-year profit grew 2.8 percent to 28 ... more |
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 Washington (AFP) March 22, 2018 
President Donald Trump's increasingly tough measures on trade, including Thursday's latest crackdown on China, demonstrate the rising influence of Peter Navarro, a Harvard-trained economist who has long railed against the threat from Beijing.
Trump announced tariffs on as much as $60 billion in Chinese imports to retaliate against the alleged theft of American intellectual property.
The ... more |
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 Medellin, Colombia (AFP) March 26, 2018 
Scientists warned Monday that land degradation imperils the health and well-being of billions of people, threatening food and water supplies while fuelling conflict, mass migration and disease spread.
But all is not lost, said the mammoth report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES).
Humanity can still turn the tide of destruction ... more |
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 Washington (AFP) March 27, 2018 
A former justice of the US Supreme Court - guardian of the country's Constitution - appealed on Tuesday for the repeal of the Second Amendment right to bear arms.
John Paul Stevens made the call in an op-ed in The New York Times three days after the "March for Our Lives," nationwide protests that were the largest in support of gun control for nearly two decades.
"Rarely in my lifetime ... more |
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