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Texas oil production higher, but data are mixed![]() Washington (UPI) May 30, 2018 Preliminary data on crude oil production from the shale basins in Texas show a moderate increase from last year, a state regulator reported. The Texas Railroad Commission, the state energy regulator, reported total state crude oil production in March, the last full month for which data are available, was 2.79 million barrels per day, an increase of more than a quarter million barrels from the same time last year. Previous data paint a mixed picture. Assuming crude oil production for each ... read more |
Senegal's oil has good break-evensWashington (UPI) May 30, 2018 There is a strategic interest emerging in oil from offshore Senegal, where a project can break even at $35 per barrel, the chairman of developer FAR Ltd. said. ... more
U.S. gasoline prices follow the drop in oil priceWashington (UPI) May 30, 2018 The average price for a gallon of gas nationally came close to $3 per gallon during the long U.S. holiday weekend, but could be stabilizing, analyses find. ... more
Demand signals pull oil prices higherWashington (UPI) May 30, 2018 Crude oil prices moved out of a steady decline early Wednesday on signs of lower U.S. supplies and Chinese growth, but U.S. GDP could change the picture. ... more
Kenya closer to building an oil export pipelineWashington (UPI) May 30, 2018 Kenya took a step toward building an export pipeline from its oil fields to the port city of Lamu with the award of an early-phase design contract, Wood said. ... more |
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| Previous Issues | May 30 | May 29 | May 28 | May 27 | May 25 |
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Revenue jumps from Russian oil producer Gazprom NeftWashington (UPI) May 29, 2018 Russian oil producer Gazprom Neft said its first quarter revenue jumped 14.5 percent year-on-year, while production increased 1.1 percent. ... more
Brazil cuts fuel prices amid strikesWashington (UPI) May 29, 2018 The price of diesel in Brazil will be reduced for the next 60 days in an effort to bring striking truck drivers back to work, the nation's president said. ... more
Trans Mountain oil pipeline expansion to proceedWashington (UPI) May 29, 2018 The federal Canadian government said Tuesday it reached an agreement that will see the expansion of the Trans Mountain oil pipeline finally take place. ... more
Total pushing OPEC-member Angola back to lifeWashington (UPI) May 29, 2018 A "new chapter" opened up in the deep waters off the coast of Angola with a final investment decision for a project with a 40,000 bpd capacity, Total said. ... more
Russia: Expect more oil in the second half of the yearWashington (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. ... more |
![]() Memorial Day weekend gas prices highest in four years
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 |
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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
Shale gas no panacea, U.N. report findsWashington DC (UPI) May 25, 2018 Shale natural gas serves as a bridge to a low-carbon economy, but it's still a fossil fuel that could contribute to climate risks, a U.N. report round. ... more
Canadian court shoots down Trans Mountain challengesWashington DC (UPI) May 25, 2018 The expansion of the Trans Mountain oil pipeline will proceed because of its record of resilience in the courts, the premier of oil-rich Alberta said. ... more
Russia shares oil market view with Saudi ArabiaWashington (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. ... more |
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'Deforestation-free' palm oil not as simple as it sounds London UK (SPX) May 29, 2018
Genuinely 'deforestation-free' palm oil products are problematic to guarantee, according to a new study.
Palm oil is a vegetable oil that is used in thousands of products worldwide, including an estimated 50% of all products on supermarkets shelves, from food to detergents to cosmetics.
Although growing palm trees requires less land and resources than traditional vegetable oils, the ... 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 |
France: Framatome to supply EDF with Enriched Reprocessed Uranium fuel assemblies Paris, France (SPX) May 29, 2018
Framatome will be designing, fabricating and supplying EDF with fuel assemblies using enriched reprocessed uranium* (known as "ERU")over the period 2023 to 2032 (1).
These fuel assemblies, set to be manufactured at Framatome's plant in Romans-sur-Isere (Drome, France), will be destined for a number of nuclear reactors - belonging to EDF's fleet in operation - authorized to use them.
... more |
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1.5C cap on warming saves global economy trillions: study Paris (AFP) May 23, 2018
Failing to cap global warming at two degrees Celsius or less could cost the world economy tens of trillions of dollars over the next 80 years, researchers warned Wednesday.
Four-fifths of countries and 90 percent of the global population, in other words, stand to reap major economic benefits by avoiding costs linked to higher temperatures, they reported in the journal Nature.
Such costs ... more |
Britain's supply of electric cars at risk from Brexit: think-tank Brussels (AFP) May 28, 2018
Britain risks a shortage of electric cars after Brexit as carmakers will lose an incentive to sell low-emission vehicles there, a Brussels-based think-tank warned.
Because British sales will no longer count towards carmakers' EU carbon dioxide targets, they may choose to sell to other European countries instead, the Transport and Environment (T&E) group warned.
Britain was the third larg ... more |
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Spirit of Ramadan returns to Iraq's IS-free Mosul Mosul, Iraq (AFP) May 29, 2018
Under the cover of night in the Iraqi city of Mosul, Rayan and Ali break the silence by drumming to announce suhur, the pre-dawn breakfast during the holy month of Ramadan.
The Islamic State (IS) group which controlled the city for three years before its ouster last July had banned drumming, along with other Ramadan traditions that make up the festive spirit of the dawn-to-dusk fasting month ... more |
Top North Korean to meet Pompeo ahead of US summit Washington (AFP) May 29, 2018 A senior North Korean official was bound for New York for high-level talks with US officials on Tuesday as preparations for a historic nuclear summit between Donald Trump and Kim Jong Un gathered pace.
General Kim Yong Chol, vice chairman of the central committee of the Workers' Party and right-hand man to Kim, will meet US Secretary of State Mike Pompeo in New York on Wednesday or Thursday, ... more |
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Chinese police handling of teacher protest sparks fury; Merkel met wives of jailed China lawyers Beijing (AFP) May 28, 2018 Police in central China have come under fire on social media over their handling of a protest by teachers demanding unpaid performance bonuses, the latest in a series of reported demonstrations by educators.
The public security bureau in Lu'an, a small town in Anhui province, said it launched an investigation into allegations that officers beat some of the teachers during Sunday's demonstrat ... more |
Help wanted: UN mission struggles in troubled C. Africa Libreville (AFP) May 30, 2018
Six months ago, the UN Security Council agreed to send an additional 900 troops to the Central African Republic (CAR), reinforcing one of its biggest peacekeeping missions in one of the world's most dangerous countries.
So far, just 400 have arrived - a worrying sign of the problems that the UN mission, known by its French acronym MINUSCA, is having in coaxing countries into sending men to ... more |
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Zero 2 Infinity completed another successful launch from Europe's Stratoport, this time for Airbus Barcelona, Spain (SPX) May 31, 2018
On the afternoon of April 23rd, Zero 2 Infinity (Z2I) performed another successful flight to Near Spacefrom Europe's Stratoport.
The aim of the launch was to test a equiplment Europe's leading aerospace company: Airbus. The Z2I and Airbus teams worked as one on the pre-flight preparations during the month of April.
All the operations were performed from Europe's Stratoport, also know ... more |
OECD warns against 'escalation' in trade tensions Paris (AFP) May 30, 2018
The OECD on Wednesday appealed for an end to the "escalation" in global trade tensions, as the introduction of US tariffs on steel and aluminium imports loomed.
President Donald Trump announced the shock 25 percent tariffs on steel and 10 percent duty on aluminium in March, sparking a global diplomatic tussle that sent the markets into choppy waters for weeks.
The tariffs are due to ente ... more |
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Russia not into American regional games Washington (UPI) May 29, 2018 From increasing sanctions pressure to energy leverage, the Kremlin has the impression Washington is up to political games in the region, an aide said.
Speaking at the start of the year, Polish Defense Minister Mariusz Błaszczak said he was expecting more U.S. troops in a country on the edge of the Russian sphere of influence.
"I guarantee that this presence could be a success no ... more |
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Kicking the car(bon) habit better for air pollution than technology revolution Oxford UK (SPX) May 31, 2018
Changing our lifestyles and the way we travel could have as big - if not more of an impact on CO2 transport emissions, as electric vehicles and the transport technology revolution, according to new Oxford University research.
Published in Energy Efficiency, the study uses Scotland as an example and suggests that, radical lifestyle change can show quicker results than the gradual transition ... more |
Sentinel-1 warns of refugee island flood risk Paris (ESA) May 30, 2018
In what the UN describes as the world's fastest growing refugee crisis, almost 700 000 Rohingya Muslims have fled Myanmar for neighbouring Bangladesh since August 2017. With the Bangladesh government proposing a vulnerable low-lying island as a relocation site for thousands, Sentinel-1 data have shown how unsuitable this site would be.
While the Rohingya have faced decades of repression, t ... more |
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