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  Washington (UPI) May 8, 2018 The estimated $3 billion for the sale of the entire stake in a Canadian producer will help reduce a debt load, Royal Dutch Shell said Tuesday. A Shell subsidiary said it established an underwriting agreement with banks like Goldman Sachs to sell the 97.5 million shares it holds in Canadian Natural Resources Ltd., which represents the Dutch supermajor's entire holdings, for $3.3 billion. "Proceeds from the sale will contribute to reducing net debt," the company stated. The sale fol ... read more |
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Saudi ready to raise oil supply after US pullout from Iran dealRiyadh (AFP) May 9, 2018 Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures to prevent supply shortages following the US withdrawal from the Iran nuclear deal. ... more 
Key sales agreement reached for Alaskan LNG projectWashington (UPI) May 8, 2018 Foreign entity commitment to an Alaskan project meant to bring liquefied natural gas to the export market brings it closer to reality, the state governor said. ... more 
Iranian question mark hangs over U.S. gas pricesWashington (UPI) May 8, 2018 The steady rise in consumer gasoline prices in the United States is tapering off, but a question mark remains over the Iranian deal, analysts said. ... more 
Iranian jitters send oil prices lowerWashington (UPI) May 8, 2018 A Tuesday afternoon announcement on the Iranian nuclear deal by President Trump left oil prices on a downturn as investors waited in the wings. ... more |
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| Previous Issues | May 08 | May 07 | May 04 | May 03 | May 02 |
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Iranian sanctions uncertainty drives oil prices higher Washington (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 
Oil-frontier Gambia needs support, Europe saysWashington (UPI) May 7, 2018 To strengthen political progress, the government in Gambia, an emerging West African oil hotspot, needs international support, the European Commission said. ... more 
Aker BP envisions zero-emission production offshoreWashington (UPI) May 7, 2018 Working alongside Norwegian major Statoil, a northern North Sea field complex will be the first to produce oil and gas with zero emissions, Aker BP said. ... more 
A potentially cheap, efficient and eco-friendly system for purifying natural gasWashington DC (SPX) May 04, 2018 Fundamental researchers at the Colorado School of Mines have proposed a novel two-part system for separating impurities from natural gas in the Journal of Renewable and Sustainable Energy, from AIP ... more 
Oil prices drop on higher U.S. crude stockpiles, record productionWashington (UPI) May 3, 2018 Oil prices declined Thursday on reports of increased U.S. crude inventories and record production in the nation. ... more |
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 Oil prices move higher amid Iran deal uncertainty, low U.S. unemployment 
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  |
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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 
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 |
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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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 Washington (UPI) May 8, 2018 
Though more workers globally are on the payroll in the renewable energy sector, the industry is concentrated in Asia, an annual report found.
The International Renewable Energy Agency estimates that 60 percent of all renewable energy jobs are in the Asian economies. For the solar panel industry, China has about 60 percent of the payrolls, representing about 2.2 million employees. China ... more |
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 Washington (UPI) May 8, 2018 
In a market transitioning in a low-carbon way, German utility E.ON said Tuesday that its renewable energy segment saw earnings rise 7 percent.
Adjusted net income for the first quarter was up 38 percent from the same period last year to $862 million. Its renewables division saw earnings increase by about 7 percent to $203 million.
Across the board, the utility company said it add ... 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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 Los Angeles (AFP) May 8, 2018  It's not a bird, nor a plane. But Uber's new prototype vehicle unveiled Tuesday shows off its vision of the future of transportation - a "flying taxi" that aims to alleviate urban congestion.
A model of Uber's electric vertical take-off and landing vehicle concept (eVTOL) - a cross between a helicopter and a drone - was displayed at the second annual Uber Elevate Summit in Los Angeles. ... 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 9, 2018  Iran finds itself in a tricky balancing act as it weighs a response to US President Donald Trump's decision to pull out of a landmark nuclear deal.
"They need to find a response that keeps the Europeans on their side but also shows they can't just be pushed around," said a Western diplomat in Tehran.
"That seems pretty difficult."
For now, President Hassan Rouhani has said he will ... 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 DC (SPX) May 09, 2018 
NASA has signed a second space act agreement with Uber Technologies, Inc., to further explore concepts and technologies related to urban air mobility (UAM) to ensure a safe and efficient system for future air transportation in populated areas.
Under this agreement, Uber will share its plans for implementing an urban aviation rideshare network. NASA will use the latest in airspace managemen ... more |
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 Berlin (AFP) May 8, 2018  German businesses should immediately halt their operations in Iran following President Donald Trump's decision to pull out of the Iran nuclear deal, the US ambassador to Germany said Tuesday.
"As @realDonaldTrump said, US sanctions will target critical sectors of Iran's economy.
"German companies doing business in Iran should wind down operations immediately," tweeted newly-appointed R ... more |
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 San Antonio, Philippines (AFP) May 9, 2018 
US and Philippine troops stormed ashore from the disputed South China Sea on Wednesday for military exercises that President Rodrigo Duterte had promised to scrap, but quietly allowed to carry on.
The decades-old tradition appeared headed for the history books last year as a newly-elected Duterte pivoted toward China - and away from long-time ally the US.
But the number of troops taking ... 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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 United Nations, United States (AFP) May 8, 2018 
China is resisting a British-led push at the UN Security Council to increase pressure on Myanmar to try those responsible for attacks on the Rohingya, according to a draft statement seen by AFP on Tuesday.
Back from a visit to Myanmar and Bangladesh, the Security Council is holding negotiations on a statement that would outline steps to address the crisis from the forced exodus of 700,000 Mu ... more |
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