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  Washington (UPI) May 25, 2018 Parties to an OPEC-led effort to trim a market surplus through production cuts may reverse course in the second half of the year, Russia's oil minister said. The Organization of Petroleum Exporting Countries and a handful of non-member state producers are in the second year of an effort to erase a market surplus through production limits. OPEC agreed to cut production by 1.8 million barrels per day, while non-OPEC members agreed to 558,000 barrels per day. Speaking from the sidelines of ... read more |
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Memorial Day weekend gas prices highest in four yearsWashington (UPI) May 25, 2018 Consumer gas prices for the holiday weekend will be the highest they've been in four years and will likely stay that way through the summer, the U.S. government said. ... more 
OPEC's suggestion of more oil drags markets lowerWashington (UPI) May 25, 2018 A steady course on U.S.-North Korean détente and word of more oil from OPEC members helped push crude oil prices down sharply in early Friday trading. ... more 
New production expected from Norwegian watersWashington (UPI) May 25, 2018 Norwegian energy major Equinor, formerly Statoil, said it signed a multi-million dollar agreement to drill six new production wells in the North Sea. ... more 
U.S. energy sector braces for hurricane seasonWashington DC (UPI) May 25, 2018 While offshore segments were spared, the U.S. energy sector could be in for a rough year with forecasters expecting an above-normal hurricane season. ... more |
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| Previous Issues | May 25 | May 24 | May 23 | May 22 | May 21 |
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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 
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 
U.S. energy dominance might not translate to market influenceWashington (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. ... 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 |
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 Slower growth signs drag on oil prices 
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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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 |
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 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 |
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 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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 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 |
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 Washington (AFP) May 21, 2018 
The Supreme Court said Monday it will examine the legality of a ban on exploiting the largest known deposit of uranium in the United States.
The court was responding to calls by the Trump administration, and by the companies that own the land in Virginia, which are seeking to overturn a ban on mining the estimated 119 million pounds of radioactive material, valued at some six billion dollars ... more |
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 Washington (AFP) May 23, 2018 
NASA's new administrator, a former lawmaker nominated by President Donald Trump to lead the US space agency, admitted Wednesday he has changed his mind about climate change and now believes that humans are the main driver of greenhouse gas emissions.
"The National Climate Assessment that includes NASA and it includes the Department of Energy, and it includes NOAA (the National Oceanic and At ... more |
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 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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 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 |
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 Seoul (AFP) May 25, 2018  North Korea said Friday it was still willing to talk to the United States after President Donald Trump abruptly cancelled a summit between the two countries, a decision that has thrown the Korean peninsula once more into uncertainty.
Trump on Thursday called off his planned June meeting with Kim Jong Un, blaming "open hostility" from the North Korean regime and warning Pyongyang against comm ... more |
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 Beijing (AFP) May 22, 2018  A Tibetan who has campaigned to preserve his region's ancestral language was jailed for five years in China on Tuesday for "inciting separatism" in a case Amnesty International denounced as "beyond absurd".
Tashi Wangchuk was featured in a New York Times documentary that followed him on a trip to Beijing, where he attempted to get Chinese state media and courts to address what he describes a ... more |
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 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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 Washington (UPI) May 15, 2018  Lockheed Martin was awarded a contract by the U.S. Navy for hiring and training on the F-35 Joint Strike Fighter for the U.S. and foreign partners.
The contract award from Naval Air Systems Command was announced Monday by the Department of Defense and enables Lockheed Martin to provide "long lead hiring and training activities" to support the Joint Strike Fighter programs of the United ... more |
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 Sydney (AFP) May 24, 2018 
Australia's central bank chief has warned China's mounting debt poses a grave economic threat, with broadening trade ties between the two countries exposing more industries to the risk.
Total debt has ballooned in China from 100 percent of gross domestic product (GDP) in the late 1990s to about 260 percent, with authorities seeking to boost credit and stimulate the economy since exports s ... more |
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 Washington (AFP) May 25, 2018 
President Donald Trump has often bragged of his friendship with his Chinese counterpart Xi Jinping, but recent events point to growing stresses between Washington and Beijing.
This week, the Pentagon pulled its invitation for China to participate in maritime exercises in the Pacific, then Trump on Thursday scrapped a summit with North Korea after suggesting Xi may have exacerbated a breakdow ... more |
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 Tempe AZ (SPX) May 25, 2018 
As humans, we know that some of our activities can cause cancer to develop in our bodies. Smoking, poor diets, pollution, chemicals used as additives in food and personal hygiene products, and even too much sun are some of the things that contribute to an increased risk of cancer.
But, are human activities also causing cancer in wild animals? Are we oncogenic - a species that causes cancer ... more |
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 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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