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  Washington (UPI) Apr 24, 2018 The Vaca Muerta shale formation in Argentina has substantial growth potential remaining, Shell said Tuesday after it unloaded its downstream business. For close to $1 billion in cash, Royal Dutch Shell said it was selling off everything from its retail service stations to its refinery in Buenos Aires to Raízen, the third largest energy company in Brazil. After the close, Shell will still have a footprint in the downstream, or refinery side, of the energy sector in Argentina. "Raízen ha ... read more |
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U.S. exporting more oil, but that could changeWashington (UPI) Apr 24, 2018 Market conditions are right for more U.S. oil exports, but that could change on seasonal factors and uncertainty about consumer demand, a market report found. ... more 
Weatherford takes a loss in the first quarterWashington (UPI) Apr 24, 2018 Following its industry peer, Schlumberger, oilfield services company Weatherford said its revenue for the first quarter was lower despite the robust market. ... more 
Oil prices stuck on now-what questionsWashington (UPI) Apr 24, 2018 Crude oil prices were searching for direction in early Tuesday trading as geopolitical risk tugged against potential risks on the demand side. ... more 
High gas prices not yet crimping demandWashington (UPI) Apr 24, 2018 Higher retail gasoline prices in the United States aren't doing much yet to crimp demand, which is testing multi-year highs, a market reports find. ... more |
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| Previous Issues | Apr 24 | Apr 23 | Apr 20 | Apr 19 | Apr 18 |
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U.S. sanctions relief to Russia drags oil prices lower Washington (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 
Iran considers currency swaps with TurkeyWashington (UPI) Apr 23, 2018 With sanctions pressure looming from the United States, the Central Bank for OPEC-member Iran said it was looking to swap currencies with neighboring Turkey. ... more 
GasBuddy: With gas prices this high, it's no wonder Trump is concernedWashington (UPI) Apr 20, 2018 The surge in gas prices coming from higher crude oil prices means OPEC is cancelling out the gains of U.S. consumers from a tax break, GasBuddy said Friday. ... more 
Arctic wilderness area in Alaska to be opened to drillingWashington (UPI) Apr 20, 2018 An initial step toward opening up an Arctic wilderness area in Alaska to oil and gas development unveils a revenue stream for the state, the governor said. ... more |
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 Iraq pays first war reparations to Kuwait since 2014 
Maritime shippers need more LNGWashington (UPI) Apr 20, 2018 The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday. ... more  |
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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 |
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 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 |
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 Ann Arbor MI (SPX) Apr 24, 2018  In an advance that makes a more flexible, inexpensive type of solar cell commercially viable, University of Michigan researchers have demonstrated organic solar cells that can achieve 15 percent efficiency.
This level of efficiency is in the range of many solar panels, or photovoltaics, currently on the market.
"Organic photovoltaics can potentially cut way down on the total solar en ... more |
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 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 |
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 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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 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 |
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 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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 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 |
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 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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 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 |
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 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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 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 |
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 Dublin (AFP) April 24, 2018 
Ireland's government on Tuesday said it was signing a deal with Apple for the US tech giant to pay 13 billion euros ($16 billion) in back taxes as ordered by the European Commission.
The formal signature is expected later on Tuesday and the money will go into an escrow account, a type of third-party account used in transactions, the finance ministry said in a statement.
The money is expe ... more |
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 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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 Sydney (AFP) April 23, 2018  Mining giant BHP said Monday it had been granted more time by a Brazilian court to negotiate with authorities on settling a large claim over the Samarco mine collapse that left 19 people dead.
Samarco, co-owned by BHP and Brazilian mining giant Vale, is facing a 155 billion reals (US$45.4 billion) legal claim for clean-up costs and damages after the November 2015 collapse of an iron ore tail ... more |
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 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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