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Halliburton remains committed to Venezuela![]() Washington (UPI) Apr 23, 2018 Oilfield services company Halliburton said it was still committed to the market in Venezuela, even as its Latin American segment saw quarterly revenue decline. Halliburton recorded revenue of $457 million for the first quarter from its Latin American operations, down 1 percent from the same time last year. The company attributed part of the decline to a drop in activity in Venezuela, which is the target of Western sanctions. "As a result of recent changes in the foreign currency exchange ... read more |
Subsea 7 ups ante for McDermott International takeoverWashington (UPI) Apr 23, 2018 Norwegian offshore services company Subsea 7 announced Monday it made a $2 billion unsolicited bid to take over McDermott International, a U.S. rival. ... more
Transocean rig continues North Sea tourWashington (UPI) Apr 23, 2018 A Transocean rig will be moving from an exploration well in the North Sea to frontier territory near existing oil and gas discoveries, Norway's government said. ... more
U.S. sanctions relief to Russia drags oil prices lowerWashington (UPI) Apr 23, 2018 Relief measures from U.S. sanctions on Russia rippled across the commodities sector Monday, sending crude oil prices down more than 1 percent in early trading. ... more
'Back-slider' Iraq keeps oil export levels steadyWashington (UPI) Apr 23, 2018 Iraq brought in nearly $6.5 million last month by exporting an average of nearly 3.5 million barrels of oil per day, the government said Monday. ... more |
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| Previous Issues | Apr 23 | Apr 21 | Apr 20 | Apr 19 | Apr 18 |
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Tremor reported in shale-rich OklahomaWashington (UPI) Apr 20, 2018 A small tremor was recorded early Friday in the shale heartland of Oklahoma, one day after state regulators limited work because of seismic activity. ... more
Schlumberger sees growing supply challengesWashington (UPI) Apr 20, 2018 The oil and gas industry may need a significant amount of new investments to offset a looming supply shortage, the head of oil services firm Schlumberger said. ... more
Bottlenecks curb output for shale player SanchezWashington (UPI) Apr 20, 2018 Despite gains in its drilling program, U.S. shale player Sanchez Energy said first quarter production was impacted by incidents outside of its control. ... more
Crude oil prices break from rally modeWashington (UPI) Apr 20, 2018 With the U.S. president trying his hand at influencing commodity markets, the price of oil turned lower on Friday after a steady streak of gains. ... more
Brazil prosecutor recommends denying Total oil license near AmazonRio De Janeiro (AFP) April 19, 2018 A Brazilian prosecutor warned of "ecocide" in recommending against a drilling license for French oil major Total close to a huge coral reef near the mouth of the Amazon River. ... more |
![]() Oil prices rally in spite of darker economic clouds
Norway's oil and gas production declinesWashington DC (UPI) Apr 19, 2018 Technical problems were to blame for a drop in average daily oil production from Norway, one of Europe's main suppliers, the government said. ... more |
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Amid trade tensions, Alaska's governor plans Chinese trade missionWashington DC (UPI) Apr 19, 2018 A trade mission to China will showcase the prospects for investment opportunities in Alaska, the governor of the northern U.S. state said. ... more
Funding emerges for company with a Cuban energy footprintWashington DC (UPI) Apr 19, 2018 Melbana Energy, an Australian company with operations in Cuba and New Zealand, said it secured a $2.5 million loan to help finance its operations. ... more
BP sees $6 billion in gas investments in IndiaWashington DC (UPI) Apr 19, 2018 British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion. ... more
In Iraq's oil-rich Basra, shanty towns flourishBasra, Iraq (AFP) April 19, 2018 From his small home nestled alongside train tracks in the southern Iraqi province of Basra, Sultan Nayef looks out at plumes of smoke billowing across an expanse of oil fields. ... more
Alberta stands up to British Columbia over Trans MountainWashington (UPI) Apr 17, 2018 In a shot across the bow of its western neighbor, Alberta's provincial government said it proposed legislation that could block cross-border oil and gas flows. ... more |
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Wood formation model to fuel progress in bioenergy, paper, new applications Raleigh NC (SPX) Apr 24, 2018
A new systems biology model that mimics the process of wood formation allows scientists to predict the effects of switching on and off 21 pathway genes involved in producing lignin, a primary component of wood.
The model, built on more than three decades of research led by Vincent Chiang of the Forest Biotechnology Group at North Carolina State University, will speed the process of enginee ... more |
As Illinois Turns To Clean Energy, Sunrun Offers Rooftop Solar and Jobs San Francisco CA (SPX) Apr 20, 2018
Sunrun Inc., the nation's largest residential solar, storage and energy services company, is expanding its home solar service to Illinois. Illinois residents will be able to generate their own electricity year-round with rooftop solar, benefitting from cleaner air, monthly savings, and freedom from rising utility bills.
Long considered to be one of the most industrious and productive state ... more |
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New control strategy helps reap maximum power from wind farms Austin TX (SPX) Apr 24, 2018
Every two and a half hours, a new wind turbine rises in the U.S. In 2016, wind provided 5.6 percent of all electricity produced, more than double the amount generated by wind in 2010, but still a far cry from its potential.
A team of researchers from The University of Texas at Dallas (UT Dallas) has developed a new way to extract more power from the wind. This approach has the potential to ... more |
Framatome receives two patent awards for nuclear innovations Washington DC (SPX) Apr 20, 2018
Framatome Inc. received two patent awards over the last year for innovations that solve unique challenges in the nuclear energy industry. The patents address inventions to improve the inspection and operation of components in nuclear energy facilities.
"Our employees consistently seek to advance nuclear technology in ways that will benefit our customers' operations and the field as a whole ... more |
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Surviving climate change, then and now Montreal, Canada (SPX) Apr 22, 2018
Trade and social networking helped our Homo sapiens ancestors survive a climate-changing volcanic eruption 40,000 years ago, giving hope that we will be able to ride out global warming by staying interconnected, a new study suggests.
Analyzing ancient tools, ornaments and human remains from a prehistoric rock shelter called Riparo Bombrini, in Liguria on the Italian Riviera, archeologists ... more |
Faster EV chargers to allay range anxiety Washington (UPI) Apr 23, 2018
Japanese energy company Marubeni Corp. said it would work in the U.S. market to deliver ultra-fast charging stations for electric vehicles.
The company said it was working through its U.S. subsidiary, a division of Volkswagen and Electrify America LLC on a $2 billion investment in electric vehicle infrastructure. Under the terms of the arrangement, Marubeni said it would collaborate wit ... more |
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IS threatens Iraq polling stations ahead of vote Baghdad (AFP) April 23, 2018 The Islamic State group has threatened to attack Iraqi polling stations and voters during parliamentary elections next month.
In a message posted to the Telegram messaging app on Sunday, IS spokesman Abu Hassan al-Muhajir called on Sunni Iraqis to boycott the May 12 polls, the first since Iraqi Prime Minister Haider al-Abadi declared victory over the jihadists in December.
"Oh Sunnis.. ... more |
US, Russian nuclear shift as dangerous as NKorean threat Geneva (AFP) April 19, 2018 A recent shift in nuclear weapons policies in the United States and Russia, involving upgrades, modernisation and growing arsenals is as dangerous as North Korea's nuclear threat, campaigners warned Thursday.
Beatrice Fihn, who heads the International Campaign to Abolish Nuclear Weapons (ICAN), hailed an upcoming summit between the United States and North Korean in what Washington hopes will ... more |
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Kim's 'bitter sorrow' as N. Korea bus crash kills 32 Chinese tourists Beijing (AFP) April 23, 2018 North Korean leader Kim Jong Un expressed his "bitter sorrow" after dozens of Chinese tourists were killed when a bus they were travelling in plunged off a bridge.
Thirty-two Chinese tourists and four North Koreans perished in the accident south of the capital Pyongyang Sunday night, Chinese officials and state media said. Two other Chinese nationals were injured.
In a rare admission of ... more |
Nuggets of contention: Chinese mine gold in Cameroon Longa Mali, Cameroun (AFP) April 22, 2018 Killings, land grabs, corruption... tensions and violence are rising in eastern Cameroon as Chinese firms take advantage of a regulatory twilight zone to mine gold.
"There are constant conflicts between Cameroonians and the Chinese" over gold mining, said Narma Ndoyama, a farmer in Longa Mali, a small village in the middle of the mining area.
At the beginning of April, four companies wer ... more |
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Northrop Grumman to support Japan's E-2C Hawkeye Washington (UPI) Apr 20, 2018
Northrop Grumman was awarded a contract from the U.S. Navy for identifying friend or foe technology compatible with the E-2C Hawkeye.
The deal, announced Thursday by the Department of Defense, is valued at more than $51.8 million under the terms of a firm-fixed-price delivery order, which is a modification to a previous basic order agreement.
The contract from Naval Air Systems C ... more |
World Bank shareholders approve $13 bln capital increase Washington (AFP) April 21, 2018
World Bank shareholders approved a "historic" increase in the bank's lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China.
World Bank President Jim Yong Kim said neither China nor any middle income countries was happy about the prospect of paying more for loans, but they agreed because of the overal ... more |
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NATO moves from Cold War bunker to glass and steel palace Brussels (AFP) April 19, 2018
With its futuristic curved roof, gleaming walls of glass and steel and host of eco-friendly features, NATO's new billion-euro Brussels headquarters is a world away from the drab, low-slung warren of offices reeking of Cold War intrigue that it replaces.
The alliance is almost halfway through its move into the new building, with Secretary General Jens Stoltenberg expected to shift to his new ... more |
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California has worst US air pollution: report Los Angeles (AFP) April 18, 2018
California has the most polluted cities in the United States, a report issued on Wednesday said, as President Donald Trump's administration seeks to force the state to weaken its vehicle emissions standards.
The study published by the American Lung Association - which covers the period from 2014 to 2016, the year before Trump took office - said Los Angeles remained the city with the worst ... more |
Iraq to rebuild iconic Mosul mosque destroyed in IS fight Baghdad (AFP) April 23, 2018
The United Arab Emirates and Iraq on Monday launched a joint effort to reconstruct Mosul's Great Mosque of al-Nuri and its iconic leaning minaret, ravaged last year during battles to retake the city from jihadists.
During the ceremony at Baghdad's National Museum, UAE Culture Minister Noura al-Kaabi said her country would put forward $50.4 million (41.2 million euros) for the task.
"The ... more |
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