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Total says it will have to leave Iran without sanctions waivers![]() Washington DC (UPI) May 16, 2018 French energy company Total said Wednesday it may have to leave an Iranian gas project unless it gets concessions from the U.S. government. U.S. President Donald Trump reinstated sanctions on Iran last week, signaling an end to the U.S. involvement in the U.N.-backed agreement that gave Tehran room to maneuver in the energy sector in exchange for nuclear commitments. The U.S. government had acknowledged those sanctions pressures could spill over to European companies and set a 180-day clock tic ... read more |
Equinor, formally Statoil, opens trading on the Oslo exchangeWashington DC (UPI) May 16, 2018 Shares in Equinor, the company formally known as Statoil, started trading Wednesday for the first time on the Oslo stock exchange, it announced. ... more
A downturn in demand forecasts sends oil prices lowerWashington DC (UPI) May 16, 2018 Crude oil prices turned lower in early Wednesday trading after the International Energy Agency said the market was creating economic headwinds. ... more
Maintenance drags oil output lower for NorwayWashington DC (UPI) May 16, 2018 Oil production from Norway, one of the main suppliers to the European economy, turned lower last month on maintenance issues, the government said. ... more
North Sea oil field reaches peak production rateWashington DC (UPI) May 16, 2018 Expect strong returns now that production from the Catcher oil field in the British waters of the North Sea has accelerated, Premiere Oil said Wednesday. ... more |
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| Previous Issues | May 16 | May 15 | May 14 | May 11 | May 10 |
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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
After slump, oil and gas exporter Norway sees economy stabilizeWashington (UPI) May 15, 2018 The petroleum component of the Norwegian economy contributed to first quarter growth after a drop off in the fourth quarter, the government said. ... more |
![]() Venezuela, Iran weighing on oil market: IEA
Preparatory works start on disputed Russian gas pipelineMoscow (AFP) May 15, 2018 Preparatory work for the construction of a controversial Russian gas pipeline began off the German coast on Tuesday, just days ahead of a visit to Moscow by German chancellor Angela Merkel. ... more |
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TechnipFMC: LNG work an emerging boonWashington (UPI) May 10, 2018 The increased activity in the liquefied natural gas market bodes well for services companies that cater to onshore and offshore work, TechnipFMC stated. ... more
Oil firm, indigenous tribe protect vast Canada boreal forestOttawa (AFP) May 15, 2018 An indigenous tribe and a major oil company, along with Canada's government carved out Tuesday a new boreal forest conservation area to abut protected lands now twice Belgium's size. ... more
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 |
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Toward organic fuel cells with forest fuels 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 |
NYSERDA Announces $10 Million Available to Launch New Cleantech Accelerator Albany NY (SPX) May 17, 2018
The New York State Energy Research and Development Authority (NYSERDA) has announced that the state is seeking proposals from organizations to operate a new statewide cleantech accelerator to help bring cutting-edge, innovative technologies to the marketplace.
Up to $10 million is available to launch an accelerator which supports Governor Andrew M. Cuomo's nation leading clean energy goals ... 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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GRACE-FO Will Help Monitor Droughts 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 |
How even one automated, connected vehicle can improve safety and save energy in traffic 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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Marriage a distant dream for many in Iraq's Mosul Mosul, Iraq (AFP) May 17, 2018
Khulud yearns to be swept away by a "prince charming", but like many young Iraqis in the former jihadist stronghold of Mosul she worries she may never marry.
"I haven't found a husband or a job - my life consists of household chores," says the 24-year-old university graduate, who feels increasingly trapped in her parents' home.
"My older sister, who is 37, already has four children... I ... more |
N. Korea to join efforts for total nuclear weapons test ban 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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N. Koreans visit Beijing to learn about China's reforms: ministry 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 |
In Lagos, the 'Venice of Africa' fights for survival Lagos (AFP) May 17, 2018
Its nickname is the "Venice of Africa" but, other than its maze of narrow waterways where wooden boats glide, Makoko offers little similarity with the fabled canal city of Europe.
Makoko, to be blunt, is an environmental eyesore. It is a vast slum of wooden shacks built on stilts in the brackish, blackish, thickly-polluted lagoon in the heart of Lagos, Africa's biggest megapolis.
The spr ... 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's Mnuchin to lead trade talks with China Washington (AFP) May 16, 2018
US Treasury Secretary Steven Mnuchin will lead trade talks with China due to take place on Thursday and Friday as the countries try to head off a trade war.
"These meetings are a continuation of the talks held in Beijing two weeks ago and will focus on rebalancing the United States-China bilateral economic relationship," the White House said in a statement.
The US has threatened to impos ... more |
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EU's Tusk hits out at Trump's 'capricious assertiveness' Sofia (AFP) May 16, 2018
EU chief Donald Tusk hit out at US President Donald Trump on Wednesday, accusing Washington of "capricious assertiveness" in abandoning the Iran nuclear deal and imposing trade tariffs on Europe.
"Looking at the latest decisions of President Trump, someone could even think with friends like that who needs enemies," Tusk told reporters in the Bulgarian capital Sofia before EU leaders met to d ... more |
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No time to waste: Moscow urged to recycle, not burn Moscow (AFP) May 15, 2018
Protests have been growing in recent months over the stench from landfill sites around Moscow, overflowing with millions of tonnes of rubbish.
Authorities have now decided on a plan to tackle the problem - generating energy by burning the waste instead.
But their course of action has also sparked public fears over pollution.
Russia produces almost 70 million tonnes of rubbish per ye ... more |
Hurricanes cost Caribbean tourism more than $700 mn: report Miami (AFP) May 14, 2018
The tourism industry in the Caribbean region attracted almost one million fewer visitors after hurricanes Irma and Maria hit last year, costing it over $700 million, according to an industry study released Monday.
"The hurricane season resulted in an estimated (loss) in 2017 of 826,100 visitors to the Caribbean, compared to pre-hurricane forecasts," said the report by the London-based World ... more |
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