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Texas rig activity up by more than 30 percent![]() Washington (UPI) May 11, 2018 Already home to about half of all the rig activity in the country, the Texas state government reported drilling permits jumped more than 30 percent. Texas is the No. 1 oil producer in the country. Total crude oil production for all of last year was around 1.2 billion barrels, up 3.3 percent from full-year 2016. According to Baker Hughes, the state accounts for about 50 percent of all rig activity in the country. Baker Hughes provides a weekly rig count, which serves as a loose barometer ... read more |
There may be some oil "wiggle room" on IranWashington (UPI) May 10, 2018 Though as much as 1 million barrels per day could be limited with the U.S. pullout of the Iranian deal, there could be some wiggle room, analysis found. ... more
Namibia emerging as next West African oil frontierWashington (UPI) May 10, 2018 Taking a stake in a deepwater oil prospect off the Namibian coast gives shareholders standing next to the biggest players, Canadian-focused Calima Energy said. ... more
Some OPEC members are U.S. 'tools,' Iran saysWashington (UPI) May 11, 2018 There may be certain members of OPEC acting as "tools" for a U.S. government looking to capitalize on shale oil momentum, Iran's oil minister said. ... more
Wood Group reaping benefits from mergerWashington (UPI) May 11, 2018 The team up with energy services company Amec Foster Wheeler is expected to yield significant benefits in the year ahead, British firm Wood Group said. ... more |
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| Previous Issues | May 11 | May 10 | May 09 | May 08 | May 07 |
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Expect more oil from AngolaWashington DC (UPI) May 10, 2018 Reaching a production plateau off the coast of Angola stabilizes output at more than 150,000 barrels of oil per day, Italian energy company Eni said. The company said Wednesday it reached a pr ... more
Norway opens offshore areas to biddersWashington (UPI) May 9, 2018 Norway's energy minister said Wednesday that bidders are invited to submit their applications for new oil and gas acreage on the Norwegian continental shelf. ... more
Alberta steers funds toward oil sands emissions cutsWashington (UPI) May 9, 2018 Alberta's oil-rich economy can have it both ways through a multimillion dollar effort to cut emissions from oil sands production, ministers said. ... more
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
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 |
![]() Shell announces total sale of shares in Canadian producer
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 |
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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
Weatherford continues industry team-work trendWashington (UPI) May 8, 2018 The trend in upstream collaboration continued with Weatherford International announcing it would collaborate with a pump specialist. ... more
Foreign appetite for U.S. oil growing, IEA findsWashington (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. ... more
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 |
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Solar powered sea slugs shed light on search for perpetual green energy 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 |
Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017 Abu Dhabi, UAE (SPX) May 10, 2018
The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016, according to the latest figures released by the International Renewable Energy Agency (IRENA). According to the fifth edition of Renewable Energy and Jobs - Annual Review, launched at IRENA's 15th Council in Abu Dhabi this week, the total number of people employed in the sector ( ... more |
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German utility E.ON sees renewable sector growth 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 |
Demonstration proves nuclear fission system can provide space exploration power 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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Lives in the balance as UN debates climate finance Bonn (AFP) May 9, 2018
Behind wrangling at UN climate talks over financial aid for poor countries dealing with increasingly extreme weather and bracing for worse to come, real-world projects that can save livelihoods - and sometimes lives - are queued up, waiting for approval and money.
Rich countries are slowly opening the spigots to help reinforce coastlines sinking under rising seas, convert agriculture to dr ... more |
Self-driving cars for country roads Boston MA (SPX) May 10, 2018
Uber's recent self-driving car fatality underscores the fact that the technology is still not ready for widespread adoption. One reason is that there aren't many places where self-driving cars can actually drive. Companies like Google only test their fleets in major cities where they've spent countless hours meticulously labeling the exact 3D positions of lanes, curbs, off-ramps and stop signs. ... more |
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Iraq says election candidate killed in family dispute, after IS claim 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 |
US says Iran nuclear inspections must continue Washington (AFP) May 11, 2018 The White House wants intrusive inspections of Iran's nuclear sites to continue despite President Donald Trump's withdrawal from a landmark accord on Tehran's atomic program, US officials have told AFP.
Days after the US president walked away from a three-year-old deal that mandated rigorous scrutiny of Iranian facilities, senior administration officials said monitoring should continue regar ... more |
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Former top Chinese Communist official jailed for life for bribery Beijing (AFP) May 8, 2018 A former Chinese Communist Party official who was once tipped as a potential successor to President Xi Jinping was sentenced to life in prison for bribery on Tuesday, the latest senior cadre to fall in Xi's sweeping anti-corruption crusade.
Sun Zhengcai, a former Politburo member and party chief of the southwestern mega-city of Chongqing, was found guilty of taking more than 170 million yuan ... more |
Kidnapped UK tourists in DR Congo released Goma, Dr Congo (AFP) May 13, 2018
Two British tourists who were kidnapped in the Democratic Republic of Congo have been freed, the UK government and Congolese park officials said Sunday.
Their vehicle was attacked on Friday in the Virunga National Park in North Kivu province, a famed haven for gorillas and other endangered species.
Their park guard was killed and their driver was also kidnapped and injured.
The Brit ... more |
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Boeing, Airbus, GE among biggest losers from US Iran shift New York (AFP) May 8, 2018
US President Donald Trump's decision to withdraw from the Iran nuclear pact threatens new business for several big companies, including Boeing, Airbus and General Electric.
The two aerospace giants were among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were lifted in the 2015 accord.
Even amid this easing, Wash ... more |
US tells German businesses to stop trade in Iran 'immediately' 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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Bitter pill for European leaders as Trump abandons Iran deal Paris (AFP) May 8, 2018
Donald Trump's decision to pull out of the landmark 2015 deal curbing Iran's nuclear programme is a bitter pill to swallow for European leaders and risks a creating a major transatlantic rift.
French President Emmanuel Macron, who has spent the past year cultivating the closest ties with Trump among EU leaders, made saving the Iran deal one of his priorities during his state visit to Washin ... more |
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Toxic water fears in Pakistan region infamous for deformities Kot Assadullah, Pakistan (AFP) May 11, 2018 Basharat Ali was 15 when his legs began to falter, a condition doctors have blamed on polluted water in a Pakistani region infamous for the deformities that afflict many of its people.
Too weak to carry his own schoolbag, he was taken to hospital, where doctors said water laden with toxic levels of arsenic, fluoride, minerals and various metals was to blame.
"It was a big blow to me as I ... more |
Beijing urges ceasefire after deadly Myanmar border clashes Yangon (AFP) May 13, 2018
China on Sunday condemned fighting on its border between Myanmar forces and ethnic rebels that has left 19 dead, mostly civilians, in some of the worst bloodshed on the restive frontier in recent years.
The fighting erupted on Saturday when ethnic minority insurgent groups, who are locked in a long-running battle with the Myanmar state, attacked security posts around Muse, a border town and ... more |
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