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U.S. energy dominance might not translate to market influence![]() Washington (UPI) May 23, 2018 U.S. oil and natural gas abundance has a positive impact on the global energy market, but it doesn't move the market itself, a Brookings scholar testified. U.S. President Donald Trump has been a vocal supporter of the oil and gas sector in the country. As part of his "Make America Great Again" slogan, the president said energy dominance was a vital strategy for a country on pace to become a global production leader. In his national security strategy, the administration said the U.S. role ... read more |
Slower growth signs drag on oil pricesWashington (UPI) May 23, 2018 A forecast of slower growth in the world's advanced economies and signs of a possible OPEC blink contributed to a downturn in crude oil prices early Wednesday. ... more
Upstream efforts put North Sea find closer to productionWashington (UPI) May 23, 2018 A rig contract to explore parts of a North Sea discovery could put it one step closer to production at the start of the decade, an oil and gas company said. ... more
Mixed sentiment on British offshore licensing roundWashington (UPI) May 23, 2018 The British government declared success in its latest offshore auction, but the devil may be in the details given the prospects for production declines. ... more
G7 says OPEC-member Venezuela missed an opportunityWashington (UPI) May 23, 2018 An OPEC member in part behind a spike in crude oil prices causing economic concern, Venezuela missed a chance by re-electing President Maduro, G7 leaders said. ... more |
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| Previous Issues | May 23 | May 22 | May 21 | May 19 | May 18 |
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Iran boasts of higher oil revenueWashington (UPI) May 22, 2018 Iranian revenue from crude oil sales increased substantially during the first month of the Iranian calendar year because of higher oil prices, a spokesman said. ... more
Texas energy sector wants steel tariff reliefWashington (UPI) May 22, 2018 Washington should give exemptions on steel tariffs to foreign trading partners to offset the negative impacts on the oil sector, a Texas trade group said. ... more
British Columbia sues Alberta in escalating Canada pipeline rowOttawa (AFP) May 22, 2018 Canada's westernmost province sued its neighbour on Tuesday to try to stop it from turning off oil and gas taps in an escalating row over a proposed pipeline expansion. ... more
Five dead in attack on Afghan pipeline projectWashington (UPI) May 21, 2018 At leave five people were left dead in Afghanistan while clearing mines from the route of a planned natural gas pipeline, Afghan media reported Monday. ... more
Australia's Santos mulling sweeter offer from HarbourWashington (UPI) May 21, 2018 Australian energy company Santos said Monday it would consider a takeover proposal for U.S.-based Harbour Energy, sweetened by 4.6 percent over the week. ... more |
![]() Russia may revisit inflation targets
Oil prices caught between U.S. policies on Iran, ChinaWashington (UPI) May 21, 2018 Oil prices moved slightly higher in early Monday trading on easing U.S.-Chinese trade tensions, but could rally higher on heightened U.S.-Iranian tensions. ... more |
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Iran expects oil production challengesWashington (UPI) May 21, 2018 It may be difficult for Tehran to continue pursuing oil production benchmarks in the face of possible sanctions pressure, the Iranian oil minister said. ... more
British lawmakers take up fracking policyWashington (UPI) May 21, 2018 British ministers are set to review whether or not guidance on domestic hydraulic fracturing is up to day, the British Parliament said Monday. ... more
Study finds no evidence of natural gas from fracking in Ohio drinking waterCincinnati OH (SPX) May 21, 2018 A study of drinking water in Appalachian Ohio found no evidence of natural gas contamination from recent oil and gas drilling. Geologists with the University of Cincinnati examined drinking wa ... more
China's CEFC threatens to sue Czech firm amid debt debaclePrague (AFP) May 18, 2018 The Prague-based European unit of Chinese private energy group CEFC on Friday threatened to sue a Czech firm that took it over citing CEFC's failure to pay debts. ... more
Oil prices losing grip on $80 ceilingWashington (UPI) May 18, 2018 After making a run at $80 per barrel this week, crude oil prices were mixed early Friday amid concerns about the economic consequences of the bull market. ... more |
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Advanced biofuels can be produced extremely efficiently, confirms industrial demonstration Gothenburg, Sweden (SPX) May 24, 2018
A chance to switch to renewable sources for heating, electricity and fuel, while also providing new opportunities for several industries to produce large numbers of renewable products. This is the verdict of researchers from Chalmers University of Technology, Sweden, who now, after ten years of energy research into gasification of biomass, see an array of new technological achievements.
"T ... more |
Germany's E.ON explores solar development with Google Washington (UPI) May 18, 2018
With eyes on being the leader in the German solar sector, utility E.ON said its work with Google would make it easier for homeowners to assess solar options.
Through the so-called Sunroof platform, E.ON has been working with the internet giant to make it easier for European homeowners to see how they can adopt solar power.
"All you have to do is enter your address online," the Ge ... more |
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European wind energy generation potential in a warmer world London, UK (SPX) May 21, 2018
The UK and large parts of northern Europe could become windier if global temperatures reach 1.5 degrees C above pre-industrial levels, according to a new study.
This has implications for wind energy generation among other things. The results suggest that wind could be a more important source of energy generation than previously thought, with stronger winds across the UK. The research team ... more |
Framatome to provide Dominion Energy with steam generator services Washington DC (SPX) May 22, 2018
Framatome signed a multimillion-dollar contract with Dominion Energy to provide steam generator services to the company's entire nuclear reactor fleet. Scheduled to take place during eight outages from 2018 to 2020, the inspection and maintenance work will support the continued generation of low-carbon electricity from the Dominion fleet.
At nuclear energy facilities, steam generators play ... more |
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Climate change in Quebec equals a much greater diversity of species? Montreal, Canada (SPX) May 21, 2018
A team of researchers believe that, paradoxically, climate change may result in Quebec's national and provincial parks becoming biodiversity refuges of continental importance as the variety of species present there increases.
They used ecological niche modeling to calculate potential changes in the presence of 529 species in about 1/3 of the protected areas in southern Quebec almost all of ... more |
China to cut auto tariffs on July 1 as trade tensions ease Beijing (AFP) May 22, 2018
China announced Tuesday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States.
Beijing has announced a flurry of liberalisations and reforms since coming under fire from the Trump administration and some European politicians for its protectionist policies.
The planned reduction in import duties from 25 percent to 15 pe ... more |
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Saudi urged not to turn Iraq into 'cold war' front with Iran Dubai (AFP) May 22, 2018
Saudi Arabia should avoid turning Iraq into a "battleground in a cold war" with its regional rival Tehran, the International Crisis Group said on Tuesday.
Iraq, located between Sunni-ruled Saudi Arabia and predominantly Shiite Iran, could undergo political change following an upset election victory by cleric Moqtada Sadr.
The key populist Shiite leader, seen as resisting Iran's influence ... more |
North Korea dismantles nuke test site; Trump cancels Summit Seoul (AFP) May 24, 2018 North Korea said it had "completely" dismantled its nuclear test site Thursday in a carefully choreographed move portrayed by the isolated regime as a goodwill gesture ahead of a potential summit with US President Donald Trump.
Invited foreign journalists at the scene described a series of explosions throughout the day, three of them in entry tunnels to the underground facility, followed by ... more |
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A shipwreck and an 800-year-old 'made in China' label reveal lost history Chicago IL (SPX) May 23, 2018
Centuries ago, a ship sank in the Java Sea off the coast of Indonesia. The wooden hull disintegrated over time, leaving only a treasure trove of cargo. The ship had been carrying thousands of ceramics and luxury goods for trade, and they remained on the ocean floor until the 1980s when the wreck was discovered by fishermen.
In the years since, archaeologists have been studying artifacts re ... more |
12 civilians killed in Mali market attack Bamako (AFP) May 20, 2018
At least 12 civilians were killed in northern Mali in an attack on a market that also involved the shooting of a Malian soldier, military sources said on Sunday.
The attack took place Saturday in the town of Boulekessi near the border with Burkina Faso.
"Malian troops under the G5 Sahel command are at the centre of this incident," a military source from the joint force of soldiers from f ... more |
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Israel says first to use F-35 stealth fighter jets in combat Jerusalem (AFP) May 22, 2018
The Israeli military has used its newly acquired F-35 stealth fighters in combat, making it the world's first to do so, the air force commander said Tuesday.
"The Adir aircraft are already operational and flying combat missions," Major General Amikam Norkin said at a conference in central Israel, using the plane's Hebrew name.
"In fact, we have performed the first operational F-35 strik ... more |
Macron in Russia for high-stakes talks with Putin Saint Petersburg (AFP) May 24, 2018
French President Emmanuel Macron will visit Saint Petersburg on Thursday to meet his Russian counterpart Vladimir Putin, with the Iran nuclear deal as well as conflicts in Syria and Ukraine on the agenda.
The trip is Macron's first to Russia as president and follows a visit by German Chancellor Angela Merkel last week. Europe and Moscow are making diplomatic overtures to save the Iran deal, ... more |
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Sweden puts out emergency war pamphlet amid Russia fears Stockholm (AFP) May 21, 2018
The Swedish government on Monday presented an emergency pamphlet to prepare millions of citizens in the event of a war, natural disaster or cyber attack amid soaring tensions between Russia and the Western allies.
Entitled "If Crisis or War Comes", the brochure is published in 13 languages at the request of the government and gives advice on how to take shelter, what foods to store and what ... more |
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Portuguese artist turns trash into animal sculptures Lisbon (AFP) May 24, 2018 Broken crates and worn pipes pile up in the studio of Portuguese artist Bordalo II, who uses rubbish to create surprising animal sculptures to warn about the dangers of pollution.
The bearded 31-year-old has decorated the Portuguese capital and other cities around the world with his colourful foxes, owls, monkeys and chameleons.
In Lisbon, one of his best-known works is a four-metre (13- ... more |
An electronic rescue dog Zurich, Switzerland (SPX) May 22, 2018
Trained rescue dogs are still the best disaster workers - their sensitive noses help them to track down people buried by earthquakes or avalanches. Like all living creatures, however, dogs need to take breaks every now and again. They are also often not immediately available in disaster areas, and dog teams have to travel from further afield.
A new measuring device from researchers at ETH ... more |
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