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  Washington (UPI) May 2, 2018 It could take five years for Saudi Arabian oil production to return to levels from two years ago and that leaves overall GDP constrained, Moody's said. Saudi Arabia is the largest oil producer in the Organization of Petroleum Exporting Countries and the de facto leader of an effort to drain a surplus from the five-year average in global crude oil inventories. That surplus helped push the price of oil below $30 per barrel two years ago and the OPEC-led effort, coupled with heightened geopolitica ... read more |
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Utility inspection data leader Sharper Shape introduces new, powerful multi-sensor payload for manned helicoptersGrand Forks, ND (SPX) May 03, 2018 Sharper Shape, a leading provider of unmanned aerial utility inspection solutions, announced the global release of its latest product, the Heliscope 2.0. This new, on-board payload system expands th ... more 
Oil prices slip on signs of higher U.S. suppliesWashington (UPI) May 2, 2018 Oil prices moved lower early Wednesday as investors held their breath over possible supply-side strains, while the IMF warned of pressures in the Middle East. ... more 
Iran expects U.S. to walk away from nuclear dealWashington (UPI) May 2, 2018 Saying the United States is likely to walk away from a U.N.-backed nuclear agreement next week, OPEC-member Iran said it was making budget preparations. ... more 
Gloves off over EPA proposal on fuel, emissions standardsWashington (UPI) May 2, 2018 The Trump administration's Environmental Protection Agency is setting itself up for a hard legal battle over fuel economy standards, a California Democrat said. ... more |
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| Previous Issues | May 02 | May 01 | Apr 30 | Apr 27 | Apr 26 |
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Gas prices could be testing a psychological tipping pointWashington (UPI) May 1, 2018 The U.S. average retail price for a gallon of gas is approaching a point where at least one analyst said last year there may be economic consequences. ... more
Crude oil prices threaten to erase the Netanyahu premiumWashington (UPI) May 1, 2018 Anticipations of a build in U.S. crude oil inventories and reconsideration of an Iranian risk premium sent oil prices lower in early Tuesday trading. ... more 
Iran: If we were Russians, we'd be OKWashington (UPI) May 1, 2018 If Iranian oil and gas resources were flowing more extensively through the global market, it wouldn't be the target of Western ire, an Iranian director said. ... more 
Canadian pipeline fight may have U.S. consequencesWashington (UPI) May 1, 2018 Provincial disputes over plans to expand the capacity of the existing Trans Mountain oil pipeline could have U.S. consequences, analysis shows. ... more 
BP sees oil boosting quarterly figures, but looks ahead to renewablesWashington (UPI) May 1, 2018 New production from new projects contributed to one of the best quarters since 2014, when oil prices were over $100 per barrel, BP said Tuesday. ... more |
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 Russian Central Bank sees little risk from oil price volatility
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  |
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Gazprom completes section of TurkStream pipelineWashington (UPI) Apr 30, 2018 Components of a natural gas pipeline that will carry Russian reserves through Turkish waters are completed, Russian energy company Gazprom said. ... 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 
Norway's Statoil selling off assets in North SeaWashington (UPI) Apr 30, 2018 After reporting first quarter earnings below analyst expectations, Norwegian major Statoil announced it was selling off non-core assets in the North Sea. ... 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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 Kumamoto, Japan (SPX) Apr 30, 2018 
Taking measures against climate change and converting into societies that use significant amounts of renewable energy for power are two of the most important issues common to developed countries today. One promising technology in those efforts uses hydrogen (H2) as a renewable energy source.
Although it is a primary candidate for clean secondary energy, large amounts of H2 must be converte ... more |
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 Onna, Japan (SPX) Apr 30, 2018  Harnessing energy from the sun, which emits immensely powerful energy from the center of the solar system, is one of the key targets for achieving a sustainable energy supply.
Light energy can be converted directly into electricity using electrical devices called solar cells. To date, most solar cells are made of silicon, a material that is very good at absorbing light. But silicon panels ... 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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 Cleveland OH (SPX) May 03, 2018 
NASA and the Department of Energy's National Nuclear Security Administration (NNSA) have successfully demonstrated a new nuclear reactor power system that could enable long-duration crewed missions to the Moon, Mars and destinations beyond.
NASA announced the results of the demonstration, called the Kilopower Reactor Using Stirling Technology (KRUSTY) experiment,during a news conference We ... more |
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 Paris (AFP) April 30, 2018 
The world must redouble efforts to halt global warming before it is too late, the UN's climate chief said Monday as nearly 200 nations kicked off talks in Bonn.
"Our window of time for addressing climate change is closing very quickly," Patricia Espinosa told journalists. "We need to dramatically increase our ambition."
The 12-day technical talks are focused on hammering out an "operatin ... more |
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 Berlin (AFP) May 2, 2018 
Whether they're hauling parcels or children, cargo bikes are becoming a familiar sight in German cities as the nippy, clean alternative to cars and delivery vans - and shaking up urban transport in the process.
A desire to go green has been key to the rise of cargo bikes in a country where dozens of smog-choked cities are considering diesel driving bans to combat air pollution.
"The die ... more |
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 Baghdad (AFP) May 2, 2018 
Melina Boughedir, a French citizen, was put on trial in Baghdad on Wednesday over terrorism charges for allegedly joining the Islamic State group in Iraq.
The 27-year-old mother of four faces the death penalty over her alleged membership of the jihadist organisation.
Arrested in the summer of 2017 in Mosul, IS's former capital in Iraq, Boughedir was sentenced last February to seven mon ... more |
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 Seoul (AFP) May 2, 2018 
Beijing hopes that talks between the United States and North Korea will be "smooth and achieve substantial progress", China's foreign minister said Wednesday during a rare visit to Pyongyang as the Asian superpower tries to mend ties with its nuclear-armed neighbour.
The two-day visit by Wang Yi - the highest-ranking Chinese official to travel to North Korea in years - follows a landmark i ... more |
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 Hong Kong (AFP) May 2, 2018 
It was only two years ago that thousands gathered near government headquarters in the heart of Hong Kong for an energetic rally in support of independence from China.
Today such scenes are unthinkable in the semi-autonomous city as Beijing ramps up pressure on any challenge to its sovereignty.
The crackdown on independence campaigners has seen activists barred from standing for office an ... more |
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 Banjul, Gambia (AFP) May 2, 2018 
Two renegade generals who followed ex-Gambia president Yahya Jammeh into exile pleaded not guilty on Wednesday to a charge of desertion brough by the military.
General Umpa Mendy and General Ansumana Tamba sought refuge in Equatorial Guinea alongside Jammeh in January 2017 after his brutal 22-year rule came to an end.
They were arrested at the beginning of the year, shortly after they re ... more |
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 Washington (UPI) May 1, 2018 
Republic of Korea is set to receive 36 AH-64E Apache helicopters in a new agreement between the U.S. Army and Boeing.
The deal, announced Monday by the Department of Defense, is valued at more than $96.3 million under the terms of a hybrid cost, cost-plus-fixed-fee and firm-fixed-price foreign military sale contract for the attack helicopters, the Pentagon said in a press release.
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 Beijing (AFP) May 2, 2018 
The first salvos in the budding US-China trade conflict struck old-school sectors like steel and agriculture, but Beijing is now bracing for moves against its strategic ambitions in hi-tech.
As a US trade delegation heads to Beijing for talks starting Thursday, China's race to catch up to the United States in technology looms large.
The skirmish is taking place upstream of the consumer a ... more |
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 Brussels (AFP) May 2, 2018 
The EU on Wednesday announced plans to spend nearly 20 billion euros on defence over its next long-term budget, as the bloc seeks to boost its resilience to the perceived threat from Russia.
After decades of failed attempts, EU members signed a defence cooperation agreement in December, spurred to action by Russia's annexation of Crimea in 2014 and claims of state-sponsored cyberattacks.
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 Betare Oya, Cameroon (AFP) April 30, 2018 
For a time, the land around the village of Longa Mali in eastern Cameroon was one of the most prized in Africa, and powerful machines gnawed greedily into its soil to extract precious gold.
Today, abandoned with almost the same speed as it was coveted, the landscape is as dangerous as it is damaged, say campaigners.
Around 100 deep holes lie around the village. Many of them are filled wi ... more |
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 Pasadena CA (JPL) Apr 30, 2018 
River floods are one of the most common and devastating of Earth's natural disasters. In the past decade, deluges from rivers have killed thousands of people every year around the world and caused losses on the order of tens of billions of U.S. dollars annually. Climate change, which is projected to increase precipitation in certain areas of the planet, might make river floods in these places mo ... more |
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