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  Oslo (AFP) May 16, 2018 Norway's largest oil company Statoil officially changed its name to Equinor on Wednesday as it forges ahead with its drive into renewable energy. Proposed in March and adopted on Tuesday at the shareholders' general meeting, the name change allows the company to take a step back - at least in name - from the Norwegian state, which owns 67 percent of its shares, and from oil. Equinor is meant to combine the idea of equity and equilibrium ("equi") and geographical origin ("nor") for Norway. ... read more |
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MENA mixed on hydrocarbons and renewablesWashington (UPI) May 15, 2018 Middle East economies are advancing on the renewable energy front as costs decline, but are balanced by a thirst for fossil fuels, a development bank said. ... more 
Cairn moving toward first barrels of oil from SenegalWashington (UPI) May 15, 2018 Tenders for the floating infrastructure that will help add new barrels of oil to the market from Senegal are expected by month's end, Cairn Energy said. ... more 
Russia considering sanctions bustersWashington (UPI) May 15, 2018 With its oil and gas sector under pressure from sanctions, the speaker of the Russian house said legislation could easily protect national interests. ... more 
Gas prices close to a psychological thresholdWashington (UPI) May 15, 2018 With oil prices rising after President Trump's decision on Iran, gas prices are approaching a psychological threshold for most consumers, analysis shows ... more |
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| Previous Issues | May 15 | May 14 | May 11 | May 10 | May 09 |
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Oil-rich Alaska gavels in a way to cut a budget gapWashington (UPI) May 14, 2018 Ending an extended session, state lawmakers in oil-rich Alaska reached a budget compromise that helped bridge a budget gap, the governor said. ... more 
Russia commits to JCPOA following U.S. pulloutWashington (UPI) May 14, 2018 After exploring a free-trade agreement with Iran last month, Russia's president said Monday that Moscow remained committed to a joint nuclear deal. ... more 
US Navy sees 'period of uncertainty' in GulfAboard Uss George H.W. Bush , United States (AFP) May 15, 2018 Iranian behavior in the Gulf is entering a "period of uncertainty," the head of the US Navy said Monday following President Donald Trump's decision to quit the Iran nuclear deal. ... more 
Statoil may disappear by Wednesday after vote on renamingWashington (UPI) May 14, 2018 The ticker symbol for Norwegian energy major Statoil, STL, leaves the market this week when the company officially changes its name to Equinor, it said Monday. ... more 
Citing geopolitical risk, U.S. raises oil price forecastWashington (UPI) May 10, 2018 A forecast for a $7 per barrel increase in the average price for oil this year was made before the U.S. left the Iranian nuclear deal, the government said. ... more |
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 Abu Dhabi commits billions to expand its refining capacity 
Russia's Rosneft reaps rewards from higher oil pricesWashington (UPI) May 14, 2018 Russian oil company Rosneft said Monday its revenue increased more than 20 percent from last year, even as its production levels declined. ... more  |
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Oil prices stuck in a holding pattern FridayWashington (UPI) May 11, 2018 Crude oil prices were stuck in something of a holding pattern on Friday as the needle for geopolitical risk spins with no clear direction. ... more
Easing trade tensions give slight boost to oil pricesWashington (UPI) May 14, 2018 Tighter oil markets and waning fears of a trade war between the United States and China helped push oil prices higher in early Monday trading. ... more 
Oman next up for LNG bunkeringWashington (UPI) May 14, 2018 Natural gas from onshore basins in Oman could be used to develop a maritime fueling point for liquefied natural gas, French supermajor Total said. ... more 
Texas rig activity up by more than 30 percentWashington (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. ... 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 |
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 Linkoping, Sweden (SPX) May 15, 2018 
Researchers from the Laboratory of Organic Electronics at Linkoping University have developed a fuel cell that uses lignin, a cheap by-product from paper manufacture and one of the most common biopolymers.
Approximately 25% of a tree is lignin - a biopolymer that glues the cellulose fibres together to form strong and durable wood. During the chemical manufacture of paper pulp this lignin i ... more |
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 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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 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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 Pasadena CA (JPL) May 15, 2018 
You may not notice water in the ground under your feet, but it plays an important role in keeping you alive. Plants draw water from soil into their roots and use it to grow. If there's not enough, the resulting drought may have impacts that spread across local water supplies, regional agriculture and even international food prices.
NASA's Gravity Recovery and Climate Experiment (GRACE) mis ... more |
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 Ann Arbor MI (SPX) May 15, 2018 
Connected cruise control uses vehicle-to-vehicle communication to let automated vehicles respond to multiple cars at a time in an effort to save energy and improve safety.
University of Michigan researchers have demonstrated its effectiveness on public roads, even when just one automated vehicle is moving among human-driven cars.
Vehicle-to-vehicle communication, or V2V, refers to th ... more |
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 Washington (AFP) May 15, 2018 
US Defense Secretary Jim Mattis said Tuesday he stands by Iraqis' electoral choices, despite the surprise success of populist Shiite cleric Moqtada Sadr - who fought US troops during the Iraq War.
Sadr's gains have called into question the presence of US forces in Iraq, where more than 5,000 troops are indefinitely deployed to prevent a resurgence of the Islamic State group.
"The Iraqi ... more |
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 Geneva (AFP) May 15, 2018 
North Korea plans to join international efforts to implement a total ban on nuclear weapons tests, it told the United Nations disarmament body Tuesday.
"DPRK will join international desires and efforts for a total ban on nuclear tests," North Korea's ambassador to the UN in Geneva Han Tae-song said in an address to the Conference on Disarmament, using North Korea's official acronym.
His ... more |
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 Beijing (AFP) May 15, 2018 
A North Korean delegation has visited Beijing to learn about China's experience in economic reform and opening up, the foreign ministry said Tuesday, the latest diplomatic outreach by the isolated regime.
The Cold War-era allies have stepped up contacts in recent weeks as North Korean leader Kim Jong Un prepares for a historic summit with US President Donald Trump in Singapore on June 12. ... more |
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 Goma, Dr Congo (AFP) May 15, 2018 
The management of DR Congo's Virunga Park announced on Tuesday that it has temporarily halted tourist activities after the murder of a guard and the kidnapping of two British holidaymakers.
"The Virunga National Park has decided to suspend tourist visits until Monday, June 4 because of the security incident that occurred on Friday, May 11, 2018," a statement said.
On Friday a Congolese p ... more |
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 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 |
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 Beijing (AFP) May 10, 2018 
Chinese factory gate prices rose in April to snap five months of falling, data showed Thursday, but analysts said the downtrend would likely continue as government anti-pollution measures are lifted.
Inflation hit a nine-year high in 2017 on restrictions of heavy industry production by authorities to curb air pollution during the winter months, as well as state efforts to slash excess indust ... more |
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 Vilnius (AFP) May 15, 2018 
Lithuanian prosecutors on Tuesday called for five Russians, including an ex-defence minister, and a Belarusian to be sentenced to jail in absentia over a 1991 Soviet crackdown on the Baltic state's independence drive.
In a move that threatens to further strain bilateral ties, prosecutors said the former Soviet officials, including 93-year-old former defence minister Dmitry Yazov, were guilt ... more |
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 Reno NV (SPX) May 15, 2018 
To learn about the rise and fall of ancient European civilizations, researchers sometimes find clues in unlikely places: deep inside of the Greenland ice sheet, for example.
Thousands of years ago, during the height of the ancient Greek and Roman empires, lead emissions from sources such as the mining and smelting of lead-silver ores in Europe drifted with the winds over the ocean to Green ... more |
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 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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