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  Washington (UPI) May 7, 2018 Most of the oil coming from U.S. shale basins will find its way out of the domestic market and into the Asian and European economies, analysis finds. The U.S. federal government estimated total crude oil production averaged 10.4 million barrels per day in March and most of that is coming out of inland shale basins like the Permian play in Texas and the Bakken field in North Dakota. Total crude oil production for 2018 is expected to be 10.7 million barrels per day on average, the highest level e ... read more |
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Putin: We survived the oil price collapseWashington (UPI) May 7, 2018 With higher oil prices, the Russian economy is more stable and spinning value into real incomes for its people, its president told government employees. ... more 
Oil prices down in Asia as focus turns to Trump, equities riseHong Kong (AFP) May 8, 2018 Oil prices slipped in Asia on Tuesday morning from three-and-a-half-year highs as investors cautiously await Donald Trump's Iran nuclear decision later in the day. ... more 
Iranian-led panel said human error led to sinking of oil tankerWashington (UPI) May 7, 2018 The Chinese vessel that hit an Iranian oil tanker in January failed to respond to concerns about its course, an Iranian-led investigation found. ... more 
Iranian sanctions uncertainty drives oil prices higherWashington (UPI) May 7, 2018 Uncertainty about the U.S. role in the nuclear agreement with Iran was the clear driver in pushing oil prices to fresh highs for the year on Monday. ... more |
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| Previous Issues | May 07 | May 04 | May 03 | May 02 | May 01 |
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DR Congo planning to allow oil exploration in national parks: NGOLondon (AFP) May 4, 2018 Democratic Republic of Congo's government is seeking to reclassify swathes of two UNESCO-listed parks so that oil exploration can be carried out there, an investigative group said. ... more 
Canada oil sector faces 'significant challenges' to reduce emissionsOttawa (AFP) May 4, 2018 Canada's oil industry faces "significant challenges" in reducing greenhouse gas emissions, which account for 26 percent of local emissions, but cuts are "essential" for meeting climate agreement targets, the Senate said Friday. ... more 
It may be five years before Saudi oil production returns to historic levelsWashington (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. ... more 
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 |
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 Iran expects U.S. to walk away from nuclear deal 
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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Alberta to take investment message to AsiaWashington (UPI) May 2, 2018 A trade mission to Asia that includes meetings with a Chinese oil company gives Alberta the chance to showcase its assets, its trade minister said. ... more 
Anadarko Petroleum gets bounce after 2017 divestmentWashington (UPI) May 2, 2018 With the help from shale assets in the Lower 48 and output from the Gulf of Mexico, Anadarko Petroleum said it matched its record in production. ... more 
Underground gas migration can trigger small earthquakes, study findsWashington (UPI) May 1, 2018 Tectonic stress isn't the only cause of earthquakes. New research suggests small quakes can be triggered by natural gas rising underground. ... more 
Acquisition contributes to Transocean lossWashington (UPI) May 1, 2018 A net loss for the first quarter was attributed in part to the acquisition of rival Songa Offshore, which Transocean said supported its rig fleet. ... more 
ISIL activity is not funded by oil, study suggestsOxford UK (SPX) May 01, 2018 Oil was never as important to ISIL terrorists as many thought, despite media reports of an oil-related income of as much as US $28 million a week, according to a new study in Energy Research and Soc ... more |
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 New Brunswick NJ (SPX) May 04, 2018  In an amazing achievement akin to adding solar panels to your body, a Northeast sea slug sucks raw materials from algae to provide its lifetime supply of solar-powered energy, according to a study by Rutgers University-New Brunswick and other scientists.
"It's a remarkable feat because it's highly unusual for an animal to behave like a plant and survive solely on photosynthesis," said Deba ... more |
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 Barcelona, Spain (SPX) May 07, 2018 
The transition to a low-carbon energy society will require more renewable energy sources than previously thought if current levels of energy consumption per capita and lifestyles are to be maintained. This is one of the main conclusions of a study recently published in Nature Energy by Lewis King and Jeroen van den Bergh of the Institute of Science and Environmental Technology of the Universitat ... more |
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 Washington (UPI) May 7, 2018 
German utility E.ON said it will build up its wind energy portfolio by taking over the domestic activities of wind-power company Vortex Energy.
E.ON said it's targeting a takeover of the German activities of Vortex. E.ON takes 30 employees from the company, though non-German activities of Vortex are not part of the transaction.
Germany has one of the greener economies in Europe a ... 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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 Brunswick NJ (SPX) May 08, 2018 
Every 405,000 years, gravitational tugs from Jupiter and Venus slightly elongate Earth's orbit, an amazingly consistent pattern that has influenced our planet's climate for at least 215 million years and allows scientists to more precisely date geological events like the spread of dinosaurs, according to a Rutgers-led study.
"It's an astonishing result because this long cycle, which had be ... more |
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 Washington DC (SPX) May 04, 2018 
When faced with driving dilemmas, people show a high willingness to sacrifice themselves for others, make decisions based on the victim's age and swerve onto sidewalks to minimize the number of lives lost, reveals new research published in open-access journal Frontiers in Behavioral Neuroscience. This is at odds with ethical guidelines in these circumstances, which often dictate that no life sho ... more |
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 Baghdad (AFP) May 7, 2018  A parliamentary candidate was gunned down in northern Iraq Monday, with officials saying he was killed by his son in a family dispute after the Islamic State group claimed responsibility.
Faruq Zarzur al-Juburi, 45, was shot dead at his home south of the city of Mosul at dawn, a local official told AFP, with the country on edge just days ahead of nationwide elections.
The Islamic State g ... more |
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 Tehran (AFP) May 8, 2018  Renewed nuclear sanctions would certainly cause severe problems for Iran's economy, but much of the damage has already been done by the uncertainty created by the US and myriad home-grown problems.
It was awkward timing for the annual International Oil Show in Tehran this week, which opened just two days before US President Donald Trump was due to make his decision on whether to rip up the 2 ... more |
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 Beijing (AFP) May 4, 2018 
Chinese president Xi Jinping pledged Friday his country will keep following Marxism, as the world's largest communist party prepares to mark the 200th birthday of Karl Marx.
China will continue to "hold high the great banner of Marxism" and the party will forever remain "guardians and practitioners" of the philosophy, Xi said during an official tribute at Beijing's Great Hall of the People. ... 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 (AFP) May 7, 2018 
A senior US lawmaker introduced legislation Monday to create a panel looking into military aviation mishaps, following a string of deadly incidents including one last week that killed nine airmen.
The US military has been beset by a series of air accidents and crashes in recent years, and the rise has been shown to correlate with budget cuts introduced in 2013.
The most recent incident o ... more |
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 Beijing (AFP) May 8, 2018  China's surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war.
The figures Tuesday will likely reinforce Washington's determination after high-level talks in Beijing last week ended with both sides admitting there were big differences to overcome, with threats o ... more |
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 Manila (AFP) May 7, 2018 
The US and Philippine militaries launched major exercises Monday aimed at fighting global terrorism, while staying mostly quiet on Beijing's reported installation of missiles in the disputed South China Sea.
The annual manoeuvres are the second to be held under Philippine President Rodrigo Duterte, who has set aside long-simmering friction over competing claims to the waters in order to cour ... more |
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 Lucknow, India (AFP) May 2, 2018 
Residents of Kanpur reacted with dismay Wednesday after the Indian city was found to have the worst air quality in a global World Health Organization survey that urged the nation to clean up its act.
Fourteen Indian cities, led by the northern metropolis known for its leather and shoe industries, feature in the 15 cities with the dirtiest air in the WHO's global list.
The capital New Del ... more |
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 Warsaw (AFP) May 6, 2018 
Rescuers were struggling to locate three missing miners on Sunday after finding one crushed to death and locating another trapped after an earthquake hit a coal mine in the country's south, a mining official said.
Some 200 miners involved in the rescue were working in sweltering heat around a kilometre (0.6 miles) beneath the surface to find the three missing miners after one was found dead. ... more |
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