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  Washington DC (UPI) Apr 30, 2018 In a decision Friday to keep its key rate static, the Central Bank of Russia said it was unwavering on its estimate of risk outlook tied to oil price volatility. The bank kept its key rate stable at 7.25 percent annually. The inflation outlook is low, but the value of the national currency was under pressure from geopolitical tensions. Inflation is forecast to run between 3 and 4 percent for the year and consumer prices are on par with those in advanced economies, but the bank said it recogn ... read more |
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U.S. GDP figures balance Korean Detente in oil marketsWashington DC (UPI) Apr 30, 2018 Mixed results for first quarter U.S. economic growth balanced against a waning risk premium from Korean Detente to keep oil prices in stable territory Friday. North Korean leader Kim Jong Un c ... more 
Exxon: Papua New Guinea quake bruised quarterly figuresWashington DC (UPI) Apr 30, 2018 Dinged by a severe earthquake in Papua New Guinea, Exxon Mobil said Friday its production levels were down 6 percent when compared with last year. In its quarterly report, Exxon said Friday th ... more 
German utility EON makes Innogy offer publicWashington DC (UPI) Apr 30, 2018 German energy company E.ON said Friday it was making its share offer for rival Innogy final, putting the utility on its way to a leadership position in Europe. E.ON, the German utility, publis ... more 
Eni feels confident as long as oil prices hold above $55 per barrelWashington DC (UPI) Apr 30, 2018 Italian energy company Eni said it would be cash neutral so long as oil prices hold above $55 per barrel, boasting its own net production was up from last year. I confirm the objective of cash ... more |
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| Previous Issues | Apr 27 | Apr 26 | Apr 25 | Apr 24 | Apr 23 |
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Momentum working in DNO's favor in Kurdish IraqWashington (UPI) Apr 26, 2018 Higher crude oil prices means forward momentum for operations in the Kurdish north of Iraq and an expanding network of assets, Norway's DNO said. ... more 
Iraq grants oil exploration permits near Iran and KuwaitBaghdad (AFP) April 26, 2018 Iraq's oil ministry said Thursday it has granted licences to explore oil blocs in zones bordering Iran for the first time in half a century. ... more 
Iran risk sends oil prices higherWashington (UPI) Apr 26, 2018 Renewed uncertainty over a deal that lets Iranian crude oil flow through the market helped trigger a strong rally in crude oil prices on Thursday. ... more 
Feinstein: Higher fuel economy standards are a good thingWashington (UPI) Apr 26, 2018 The Trump administration should brace itself for years of litigation should it downgrade fuel economy standards for vehicles, a California senator said. ... more 
Progress noted for BP's Mad Dog oil giant offshore U.S.Washington (UPI) Apr 26, 2018 Work for BP is geared toward linking one of the largest fields in the U.S. Gulf of Mexico to a floating production unit, a services company said. ... more |
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 Minnesota clears path for Enbridge oil pipeline 
Energy markets mixed on higher U.S. crude oil inventoriesWashington (UPI) Apr 25, 2018 Oil prices were mixed Wednesday on signs of declining U.S. petroleum inventories and the possibility the United States will extend the Iran nuclear deal. ... more  |
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Norway's Statoil attributes production gains to the United StatesWashington (UPI) Apr 25, 2018 Norwegian energy major Statoil said its average equity production for the first quarter was up 6 percent year-on-year, driven mostly by its U.S. work. ... more 
Tullow Oil keeps offshore Africa expectations staticWashington (UPI) Apr 25, 2018 Robust production from an evolving basin off the coast of Ghana in West Africa wasn't enough to change the outlook for the year, Tullow Oil said. ... more 
Libyan oil production moves higher for Hess CorpWashington (UPI) Apr 25, 2018 Production from Libyan assets during the first quarter of the year expanded exponentially from last year's levels, U.S. energy company Hess Corp. said. ... more 
Iraq launches production at southern gas fieldBaghdad (AFP) April 25, 2018 Iraq said Wednesday it had launched commercial production at its Siba gas field in the southern province of Basra in a joint venture with Kuwaiti, Turkish and Egyptian firms. ... more 
Trade talks continue between oil-rich Iran and RussiaWashington (UPI) Apr 25, 2018 After hinting at a possible free-trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports. ... more |
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 Stanford CA (SPX) Apr 24, 2018 
Although considered critical to avoiding catastrophic global warming, the feasibility of removing carbon dioxide from the atmosphere and storing it underground - known as negative emissions - has been in question.
"There's really no scenario that meets the world's climate goals without negative emissions," said Katharine Mach, a senior research scientist at Stanford's School of Earth, Ener ... more |
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 Berkeley CA (SPX) Apr 24, 2018  An international team of scientists has demonstrated a breakthrough in the design and function of nanoparticles that could make solar panels more efficient by converting light usually missed by solar cells into usable energy.
The team, led by scientists at the U.S. Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab), demonstrated how coating tiny particles with orga ... more |
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 Warsaw (AFP) April 24, 2018 
A US renewable energy group Invenergy said on Tuesday it had begun international arbitration against Poland, claiming it stands to lose hundreds of millions of dollars (euros) after the EU country reneged on its commitments to build wind farms.
Between 2005 and 2015, Invenergy built 11 wind farms in Poland, investing "hundreds of millions of dollars of equity capital to develop and construc ... more |
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 Argonne IL (SPX) Apr 26, 2018 
Nuclear power plants typically run either at full capacity or not at all. Yet the plants have the technical ability to adjust to the changing demand for power and thus better accommodate sources of renewable energy such as wind or solar power.
Researchers from the U.S. Department of Energy's (DOE) Argonne National Laboratory and the Massachusetts Institute of Technology recently explored t ... more |
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 Ottawa (AFP) April 25, 2018 
Oil-rich Saskatchewan on Wednesday launched a constitutional challenge of Canada's plan to impose a carbon tax on the province if it fails to introduce its own measures to slash CO2 emissions.
The case asks the Saskatchewan Court of Appeal to rule on what it says is federal over-reach and meddling in its affairs.
"We do not believe the federal government has the constitutional right to i ... more |
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 Beijing (AFP) April 26, 2018 
Auto executives from across the globe are plugging their plans for an electric car future in China at the Beijing auto show, but they will find their Chinese counterparts are already motoring ahead.
Local carmakers and upstarts flaunted their latest plug-in models at the industry extravaganza this week, from sedans to SUVs and futuristic supercars fitted with the latest gadgets.
While Am ... more |
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 Arbil, Iraq (AFP) April 26, 2018 
Prime Minister Haider al-Abadi on Thursday took his campaign for Iraq's May 12 elections to the capital of the autonomous Kurdistan region, seven months after its ill-fated independence referendum.
"Today we are all under the tent of Iraq, and whoever wants separation will be torn apart by hyenas," he said on arrival at the airport in Arbil where he was greeted by his Iraqi Kurdish counterpa ... more |
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 Seoul (AFP) April 27, 2018 
The leader of nuclear-armed North Korea Kim Jong Un and the South's President Moon Jae-in said they were committed to the denuclearisation of the Korean peninsula after a historic summit Friday.
"South and North Korea confirmed the common goal of realising, through complete denuclearisation, a nuclear-free Korean peninsula," they said in a joint statement.
They also agreed that they woul ... more |
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 Moyu County, China (AFP) April 26, 2018  The civilian group descended on the village under government instructions to "win the people's hearts", but it also had a darker mission: identifying and punishing threats to the Chinese state.
Four months after the Communist Party sent the "work team" to Akeqie Kanle, a fifth of its adult population - over 100 people - had disappeared into detention and re-education centres.
The team ... more |
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 Dadaab, Kenya (AFP) April 27, 2018  The children can't believe their luck: storms and showers have turned their dirt football pitch into a lake. Youngsters scamper and splash through the murky water, chasing one another, leaping and laughing.
Any entertainment is welcome in Dadaab, one of the biggest refugee bases in the world. An estimated 235,000 people, most of them Somalis, live a bleak life largely defined by drought, dus ... more |
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 Washington DC (UPI) Apr 12, 2018 
The U.S. Navy awarded Harris Corp. a $14.9 million contract to procure 144 fiber channel network switch systems for several aircraft.
The contract, announced Wednesday by the Department of Defense, is a modification to a previously awarded firm-fixed-price contract.
The communications devices for the Navy, and the governments of Australia and Kuwait, are to be used on the F/A-18E ... more |
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 Beijing (AFP) April 26, 2018 
China warned the United States on Thursday against harming trade after a report that US authorities had opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies.
A US Justice Department probe would come on the back of subpoenas issued to the company by the US Commerce and Treasury Departments over sanctions-related issues, according to the Wall Stree ... more |
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 Washington (AFP) April 25, 2018 
US Defense Secretary Jim Mattis met with John Bolton, the new national security advisor to President Donald Trump, at the Pentagon on Wednesday, a spokeswoman said.
The breakfast meeting came amid US media reports that Mattis risks being isolated by Trump's more bellicose coterie of advisors, including Bolton, an Iraq War-era hawk who has advocated for military action in both Iran and North ... more |
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 Bangkok (AFP) April 29, 2018 
Around 1,000 people rallied in the northern Thai city of Chiang Mai on Sunday to protest the construction of homes for officials on forested land flanking a revered mountain, in one of the largest shows of dissent under junta rule.
Public frustration has been mounting over the project since aerial images of several dozen officials' homes - carved into the green foothills of Chiang Mai's Doi ... more |
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 Prague (AFP) April 26, 2018 
One man died and 16 were injured in a toxic phenol leak at a chemical plant in the northwestern Czech city of Decin on Thursday, rescuers said.
"One man in serious condition, who was already resuscitated on the spot, died at an intensive care unit this afternoon," Ivo Chrastecky, spokesman for the Krajska zdravotni company running hospitals in the region, told AFP.
The injured, who inhal ... more |
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