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Russia shares oil market view with Saudi Arabia![]() Washington (UPI) May 24, 2018 Russia shares many of the same positions of Saudi Arabia when it comes to decision-making about the global oil market, the country's energy minister said. Russian Energy Minister Alexander Novak told reporters on the sidelines of the St. Petersburg International Economic Forum that the Kremlin was on the same page as Riyadh on oil. "I think we have a common position with Saudi Arabia, we have to look at the situation on the market, we have all the tools to promptly respond in terms of de ... read more |
No easy fix to higher gas prices in United StatesWashington (UPI) May 24, 2018 Calls to tap into U.S. oil reserves to stave off spikes in retail gas prices make sense only to a point because of refinery limitations, an analyst said. ... more
Economic, trade concerns drag oil prices lowerWashington (UPI) May 24, 2018 European concerns about broad-based economic volatility and fretting over supply-side shocks helped send crude oil prices sharply lower early Thursday. ... more
Europe tries to correct Gazprom's behaviorWashington (UPI) May 24, 2018 Russian energy company Gazprom is obliged to address concerns about the price of natural gas for some regional markets, the European government said. ... more
Possibility opens for LNG exports from CanadalWashington (UPI) May 24, 2018 While formerly on the shelf, a pipeline that could feed a liquefied natural gas terminal in British Columbia can proceed, federal regulators said. ... more |
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| Previous Issues | May 24 | May 23 | May 22 | May 21 | May 19 |
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Momentum builds behind giant Australian oil and gas prospectWashington (UPI) May 23, 2018 The Australian government has signed off on the environment permits to survey what could be its largest untapped oil and gas reserve, a project partner said. ... more
Santos rejects takeover offer from U.S.-based Harbour EnergyWashington (UPI) May 22, 2018 Talks with U.S.-based Harbour Energy were terminated after shareholders rejected a full-stock takeover offer, Australian energy company Santos said. ... more
Gas prices could be impacting U.S. travel plansWashington (UPI) May 22, 2018 Gas prices this coming Memorial Day weekend will be the highest in four years and likely start to dent the summer travel season, industry experts said. ... more
Supply-side triple shock sends oil prices higherWashington (UPI) May 22, 2018 Forecasts of lower U.S. crude oil inventories, on top of fears of a lack of supply from Iran and Venezuela, pushed oil prices higher in early Tuesday trading. ... more
Alaska sees LNG potential with Chinese trade missionWashington (UPI) May 22, 2018 With trade tensions easing between the world's leading economies, Alaska's governor said cooperating in the energy sector could reduce them even further. ... more |
![]() Iran boasts of higher oil revenue
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 |
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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 targetsWashington (UPI) May 21, 2018 The target of metals and oil-related sanctions, a Russian Central Bank official said Monday it may revisit its inflationary targets for the year next month. ... more
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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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 |
Black Bear Energy And Usaa Real Estate Announce 2.4 Megawatt New Jersey Solar Project Boulder CO (SPX) May 25, 2018
Black Bear Energy, the leading owner's representative for onsite renewables, and USAA Real Estate has announced that construction will start this month on a 2.4 megawatt (MW) solar array in Cranbury, New Jersey.
The rooftop project will host onsite renewable solar facilities, creating both financial and environmental value for the asset.
Black Bear Energy facilitated the project, and ... more |
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U.S. Atlantic states eye offshore wind leadership Washington (UPI) May 24, 2018
Several governors in U.S. states said they're taking the initiative in building up national recognition for leadership in renewable energy.
"We're taking another step forward in rebuilding New Jersey's reputation as a leader in the development of clean energy sources while fulfilling a critical promise to foster our state's energy future," New Jersey Gov. Phil Murphy, a Democrat, said i ... 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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Dusty rainfall records reveal new understanding of Earth's long-term climate Tucson AZ (SPX) May 25, 2018
Ancient rainfall records stretching 550,000 years into the past may upend scientists' understanding of what controls the Asian summer monsoon and other aspects of the Earth's long-term climate, reports a University of Arizona-led international team of researchers in the May 25 issue of the journal Science.
The standard explanation of the Earth's regular shifts from ice ages to warm periods ... 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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Five dead in Baghdad cafe suicide bombing claimed by IS Baghdad (AFP) May 24, 2018 At least five people were killed and several others wounded when a suicide bomber struck a cafe in Baghdad, police said Thursday, in a pre-dawn attack claimed by the Islamic State group.
"A suicide bomber blew up his explosive belt while he was surrounded by police near a public garden in Al-Shoala district," a mainly Shiite northern neighbourhood of the capital, the statement by the securi ... more |
Iran still implementing nuclear deal: IAEA Vienna (AFP) May 24, 2018 Iran is still implementing the 2015 accord over its nuclear programme, just weeks after Washington ditched the accord, according to a report by the UN's nuclear watchdog.
The International Atomic Energy Agency report, seen by AFP Thursday, shows that Iran is abiding by the deal's key restrictions on its nuclear facilities in return for relief from damaging economic sanctions.
The latest ... 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 |
China, Russia rise in C. Africa as Western influence shrinks Libreville (AFP) May 24, 2018
Russia and China are muscling their way into the Central African Republic as Western clout in the mineral-rich, strategically important nation seems to wane, analysts say.
Ranked at the very bottom of the UN's 188-nation Human Development Index, CAR is mired in poverty and strife. Most of the country is in the hands of militia groups, and violence has prompted a quarter of its 4.5 million pe ... 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 |
China denies setting target to cut US trade surplus Beijing (AFP) May 24, 2018 China said Thursday it has not set a target to cut its trade surplus with the US but will seek to increase imports after the two sides stepped back from a potential trade war.
Officials from Beijing were reported to have offered to slash the country's huge surplus by $200 billion during high-level talks last week - meeting a key Washington demand - by ramping up imports from the United Sta ... more |
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Pentagon pulls China's invite to Pacific naval exercises Washington (AFP) May 23, 2018 The Pentagon has pulled its invitation for China to join maritime exercises in the Pacific because of Beijing's "continued militarization" of the South China Sea, an official said Wednesday, in the latest sign of US-China strains.
China hit back at the decision, calling it "very non-constructive" and saying it was taken without due reflection.
Personnel from more than two dozen countries ... 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 |
Arkema's Texas plant unprepared for Harvey floods, inquiry finds Chicago (AFP) May 24, 2018
A US oversight agency said Thursday that a flooded Arkema chemical plant in Texas, where organic compounds ignited during last year's Hurricane Harvey, was inadequately prepared for a catastrophic flood.
An investigation by the US Chemical Safety Board (CSB) found that the French multinational company's plant outside of Houston relied on the judgment of its employees rather than official fl ... more |
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