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Total, Saudi Aramco shake hands on $9B deal![]() Washington (UPI) Apr 10, 2018 French energy company Total said Tuesday it signed a memorandum of understanding to invest $9 billion on a petrochemical complex in Saudi Arabia. Saudi Crown Prince Mohammed bin Salman is leading a delegation, including Saudi Oil Minister Khalid al-Falih, through Europe to drum up business in the kingdom. While in Paris, delegates signed an agreement with Total to build a complex next to the giant Jubail refinery. Both sides said they'd present design work on the project by the third qua ... read more |
U.S. oil exports could be hurt by Chinese trade warWashington (UPI) Apr 10, 2018 U.S. oil exports may face headwinds in reaching the Asian markets should a trade war erupt between the United States and China, an industry report found. ... more
Weapons system sale to Qatar approved ahead of Al-Thani visitWashington (UPI) Apr 10, 2018 The State Department approved the sale of military hardware to Qatar the day before Defense Secretary James Mattis welcomed Qatar's emir to the Pentagon - nearly a year after accusations of supporting terrorism were lobbed at the Persian Gulf state from the president. ... more
U.S. gas prices are close to last year's all-time highWashington (UPI) Apr 10, 2018 The average price for gasoline in the United States is already close to last year's high and should move higher, but only slightly, a market snapshot shows. ... more
OPEC chatter, easing trade tensions lift oil prices higherWashington (UPI) Apr 10, 2018 A thaw in the trade relationship between China and the United States and talk of $80 oil put crude oil prices squarely in rally mode in Tuesday trading. ... more |
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Trudeau tells Canada province to 'stop obstructing' pipelineOttawa (AFP) April 9, 2018 Prime Minister Justin Trudeau called on Canada's westernmost province of British Columbia on Monday to "stop obstructing" construction of a pipeline to Pacific tidewater, vowing that the Trans Mountain project "will get built." ... more
Canadian shale drawing super-major interestWashington (UPI) Apr 9, 2018 Drilling rights for one of the world's biggest companies in thousands of shale acreage in British Columbia is a testament to its potential, Calima Energy said. ... more
OPEC-member Iran boasts of nuclear capacityWashington (UPI) Apr 9, 2018 As the U.S. president mulls the fate of a deal that curbed Iran's nuclear ambitions, the OPEC-member's president said Monday the program is accelerating. ... more
Risk a clear driver for the price of oilWashington (UPI) Apr 9, 2018 Strong compliance with an OPEC-led effort to balance the market and heightened geopolitical risk pushed crude oil prices higher in early Monday trading. ... more
November spill from Keystone pipeline larger than first estimatedWashington (UPI) Apr 9, 2018 The amount of oil released from the Keystone oil pipeline in South Dakota last year was twice as much as initially estimated, TransCanada said. ... more |
![]() Iraq is barely committed to OPEC deal, data show
Russia sees no energy headwinds from sanctionsWashington (UPI) Apr 6, 2018 Retaliation is not out of the question when considering economic pressures used by the United States and European countries, Russia's energy minister said. ... more |
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Oil prices caught between trade war pressure and riskWashington (UPI) Apr 6, 2018 Crude oil prices lost ground early Friday because of lingering trade war fears and U.S. jobs data, but were balanced by concerns about geopolitical risk. ... more
Norway clears way for drilling in the Barents SeaWashington (UPI) Apr 6, 2018 Two energy companies are cleared for two separate drilling operations in the Norwegian waters of the Barents Sea, a national safety regulator said. ... more
Iranian oil projects have good break-evens, analysts sayWashington (UPI) Apr 6, 2018 The price for oil is well above the point where Iran can break even and production could flirt with 5 million barrels per day in three years, data show. ... more
Kinder Morgan stops work on controversial Canada pipelineMontreal (AFP) April 9, 2018 The US firm Kinder Morgan said Sunday it would suspend most work on a controversial oil pipeline in Canada's British Columbia because of fierce opposition by provincial authorities. ... more
Trans Mountain clears another hurdle, but Kinder Morgan stops workWashington (UPI) Apr 6, 2018 The regulatory process for the Trans Mountain oil pipeline expansion project took another step forward in British Columbia, a national regulator said. ... more |
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NUS engineers pioneer greener and cheaper technique for biofuel production Singapore (SPX) Apr 09, 2018
A team of engineers from the National University of Singapore (NUS) recently discovered that a naturally occurring bacterium, Thermoanaerobacterium thermosaccharolyticum TG57, isolated from waste generated after harvesting mushrooms, is capable of directly converting cellulose, a plant-based material, to biobutanol.
A research team led by Associate Professor He Jianzhong from the Departmen ... more |
Perovskite technology is scalable, but questions remain about the best methods Golden CO (SPX) Apr 11, 2018
As perovskite solar cells set efficiency records and the nascent technology becomes more stable, another major challenge remains: the issue of scalability, according to researchers at the Department of Energy's National Renewable Energy Laboratory (NREL).
"It is scalable," said Kai Zhu, a materials science researcher at NREL. "We just need to demonstrate efficiency and yield at a large-sca ... more |
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Transformer station for giant German wind farm positioned Washington (UPI) Apr 9, 2018
The transformer station for a 60-turbine wind farm in the German waters of the Baltic Sea is in place, securing a 2019 start, a German utility company said.
German company E.ON said the transformer station for the Arkona wind farm has been installed on its foundation, one of the largest lift projects in the industry at more than 5,000 tons. The entire structure is about 90 feet tall. ... more |
Framatome displays year of powerful performance, supports 44 nuclear power outages in 2017 Paris, France (SPX) Apr 11, 2018
Framatome successfully supported 44 scheduled outages at nuclear energy facilities across North America, including 16 emergent outages in 2017. The maintenance and inspection work, completed by over 3,600 passionate employees, enables these plants to continue efficiently and reliably generating electricity from the reactor fleet.
Work during the outages included examinations, inspections, ... more |
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Tiny Sea Creatures Hold Secrets to Earth's Climate Hampton VA (SPX) Apr 11, 2018
Each new season brings change. Seasonal change on land is something that we're familiar with and adjust to regularly. But what happens to billions of plankton in the ocean each season? How do they adjust to changing sunlight patterns and mixing of the water column? And what impact do these tiny critters have on us, so far away on land?
To answer those questions and others, NASA's North Atl ... more |
US investigating fatal Tesla crash in California San Francisco (AFP) March 27, 2018
US federal investigators said Tuesday they were examining a fatal crash last week involving a Tesla electric automobile in California.
The California Highway Patrol reported that a 38-year-old man died Friday after his 2017 Tesla Model X collided with a highway barrier near the town of Mountain View, according to The San Jose Mercury News.
The vehicle caught fire before two other approac ... more |
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Four killed in IS suicide attack on Iraq party hq Ramadi, Iraq (AFP) April 8, 2018
A suicide attack targeting a political party headquarters in western Iraq has killed four people and injured seven others, including a candidate in polls set for May, officials said Sunday.
The Islamic State (IS) group issued a statement claiming the attack, which took place late Saturday in the tribal desert province of Al-Anbar, primarily home to Sunni Muslims.
A local security officia ... more |
Iran's Rouhani says US 'will regret it' if it violates nuke deal Tehran (AFP) April 9, 2018
Iranian President Hassan Rouhani said Monday that the United States would regret withdrawing from the nuclear deal, and that Iran would respond in "less than a week" if that happened.
"We will not be the first to violate the accord but they should definitely know that they will regret it if they violate it," Rouhani told a conference to mark National Nuclear Technology Day in Tehran.
" ... more |
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Wind topples giant statue of China's first emperor Beijing (AFP) April 9, 2018
A strong gale-force wind has toppled a giant statue of China's first emperor Qin Shi Huang and flattened its face at a popular tourist site in eastern Shandong province.
The 19-meter (62-foot) bronze replica of the monarch - who was the first to unify warring factions in China and established the Qin dynasty (221-206 BC) - was blown out of its pedestal on Friday.
Cranes were immediatel ... more |
Five park rangers, driver killed in DR Congo's Virunga wildlife sanctuary Goma, Dr Congo (AFP) April 9, 2018
Five rangers and a driver were killed on Monday in an ambush in the Virunga National Park, the Democratic Republic of Congo's famed haven for gorillas and other endangered species, the park said.
"We have sadly lost six rangers," park spokesman Joel Malembe told AFP, adding that the team was ambushed while driving between the sectors of Lulimba and Ishasha, near the border with Uganda.
A ... more |
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NASA Selects Lockheed Martin Skunk Works to Build X-Plane Palmdale CA (SPX) Apr 10, 2018
Supersonic commercial travel is on the horizon. NASA awarded Lockheed Martin Skunk Works a contract to design, build and flight test the Low-Boom Flight Demonstrator, an X-plane designed to make supersonic passenger air travel a reality.
"It is super exciting to be back designing and flying X-planes at this scale," said Jaiwon Shin, NASA's associate administrator for aeronautics. "Our long ... more |
White House warns China tariffs are not a bluff Washington (AFP) April 6, 2018 Top US economic advisor Larry Kudlow on Friday warned a threat to hit China with tariffs on up to $150 billion of imports is not a negotiating ploy - the White House wants a change in Chinese behavior.
Indicating a tough stance that escalates the risks of a trade war between the world's two largest economies, Kudlow told reporters that President Donald Trump believes China must move decisiv ... more |
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Japan launches Marines unit amid China's growing presence Tokyo (AFP) April 7, 2018
Japan's military on Saturday launched its first Marines unit, tasked with defending remote islands in the face of China's growing maritime presence in the region.
The Self-Defence Forces' amphibious fighting unit staged an exercise with US Marines at Sasebo in western Japan following the inauguration ceremony.
The 2,100-member brigade, based in Sasebo, will be responsible for defending r ... more |
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Philippine tourist island in chaos as shutdown looms Manila (AFP) April 6, 2018 The Philippine tourism industry scrambled Friday to manage the fallout from the temporary shutdown of its world-famous Boracay island, which threw into chaos trips planned by hundreds of thousands of tourists.
President Rodrigo Duterte ordered the once-idyllic white-sand resort closed to tourists for up to six months from April 26, after describing the country's top tourist attraction as a " ... more |
7 Myanmar soldiers sentenced to 10 years over Rohingya killings: army Yangon (AFP) April 10, 2018
Seven Myanmar soldiers have been sentenced to jail with hard labour for their part in the extrajudicial killings of 10 Rohingya Muslim men last year, according to a Facebook post by the army chief late on Tuesday.
The bloody incident in Inn Din village on 2 September is the only atrocity to which the military has admitted during its violent crackdown in northern Rakhine state, which has forc ... more |
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