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Iran wants sanctions considerations at OPEC![]() Washington (UPI) May 31, 2018 OPEC members at their next regular meeting in June should prioritize measures aimed at protecting members targeted by sanctions, Iran's oil minister said. The Iranian government is busy courting European, Russian and Chinese leaders for continued support of the U.N.-backed agreement that offered sanctions relief in exchange for nuclear commitments from Tehran. U.S. President Donald Trump pulled his country out of the agreement May 8, meaning U.S. sanctions pressures could force the deal ... read more |
Shell brings new partner behind Canadian LNG plansWashington (UPI) May 31, 2018 Shell's subsidiary in Canada said a transaction that gives Malaysian energy company PETRONAS a stake in a planned LNG facility isn't a statement on timing. ... more
Johan Sverdrup topside heads to North SeaWashington (UPI) May 31, 2018 A component of a drilling platform for development of the Johan Sverdrup oil field in the North Sea is on its way to its final destination, Equinor stated. ... more
Oil prices spreading apart, mirroring global riftsWashington (UPI) May 31, 2018 Benchmark indices for oil were in a wide spread Thursday as U.S. oil inventories swell and global economic pressures intensify on the back of tariff concerns. ... more
U.S. spending driven by higher gas pricesWashington (UPI) May 31, 2018 The U.S. federal government reported Thursday that spending on gasoline and other energy products contributed most to a rise in consumer spending. ... more |
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| Previous Issues | Jun 02 | Jun 01 | May 31 | May 30 | May 29 |
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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
Equinor embarks on new era in AzerbaijanWashington (UPI) May 30, 2018 A series of agreements to work alongside the state oil company in Azerbaijan in the Caspian Sea marks a new era of cooperation, Norway's Equinor said Wednesday. ... more
Trans Mountain decision could end provincial infightingWashington (UPI) May 30, 2018 The federal decision by the Canadian government to take over the Trans Mountain expansion gets the project removed from provisional spats, analysts said. ... more
Oil prices mixed on trade strains and production gainsWashington (UPI) May 29, 2018 Major crude oil benchmarks were spread by as much as 2 percent in early Tuesday trading as trade uncertainty balanced an expected increase in production. ... more
Even as first driving bans hit, Germany still clinging to dieselFrankfurt, Germany (AFP) May 30, 2018 Hamburg will on Thursday become the first German city to ban older diesel vehicles from some highly polluted roads as public confidence in the once-loved technology goes up in smoke. ... more |
![]() Pioneering oil and gas work begins offshore Lebanon
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 |
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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 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 |
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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 |
Indonesia makes strides in solar power Washington (UPI) May 24, 2018
More than $150 million in loans will help Indonesia build its first utility-scale solar power plants, the Asian Development Bank said Thursday.
ADB said it would offer financial support for a project led by Vena Energy, the largest power producer in the Asia-Pacific, to advance renewable energy projects in Indonesia. The first phase of the project calls for the construction of a 72 mega ... 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 |
Prototype nuclear battery packs 10 times more power Moscow, Russia (SPX) Jun 01, 2018
Russian researchers from the Moscow Institute of Physics and Technology (MIPT), the Technological Institute for Superhard and Novel Carbon Materials (TISNCM), and the National University of Science and Technology MISIS have optimized the design of a nuclear battery generating power from the beta decay of nickel-63, a radioactive isotope.
Their new battery prototype packs about 3,300 milliw ... more |
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NASA's new chief changes mind, now believes in climate change 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 |
Electric vehicle market exposed to risk from violence Washington (UPI) May 31, 2018
The global electric vehicle market is expanding, but the supporting metals and refining markets are exposed to risk, an IEA report found.
A report from the International Energy Agency on the global outlook for electric vehicles found sales passed 1 million last year, a record level and a 54 percent increase over 2016. Norway has the largest concentration, with EV sales accounting for 39 ... more |
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Confusion reigns in Iraq amid election fraud charges Baghdad (AFP) May 30, 2018 Close to three weeks after parliamentary polls, confusion reigns in Iraq as allegations mount of election fraud even with negotiations to form a government well underway.
Since the May 12 victory of anti-establishment electoral lists, long-time political figures pushed out by Iraqi voters hoping for change have called for a recount - with some even calling for the poll results to be cancell ... more |
Kim says committed to denuclearisation of Korean peninsula: KCNA Seoul (AFP) May 31, 2018 North Korean leader Kim Jong Un told Russian Foreign Minister Sergei Lavrov he was committed to denuclearisation of the Korean peninsula, the official KCNA news agency reported Friday.
"Kim Jong Un said that the DPRK's will for denuclearisation of the Korean peninsula still remains unchanged and consistent and fixed," KCNA reported after their meeting in Pyongyang on Thursday.
Kim hoped ... more |
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Nine jailed in Hong Kong for 'Fishball Revolution' riots Hong Kong (AFP) May 31, 2018
Nine protesters were jailed in Hong Kong Thursday after being found guilty of rioting during the "Fishball Revolution" clashes with police two years ago, the latest in a series of legal actions against demonstrators.
Aged from their late teens to over 70 years old, they were handed sentences ranging from 28 months to over four years for their involvement in the city's worst violence for deca ... 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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Lockheed tapped for support of developmental test F-35 aircraft Washington (UPI) May 31, 2018
Lockheed Martin was awarded a contract from the Department of Defense for services in support of F-35 Lightning II Joint Strike Fighter aircraft.
The contract deal from Naval Air Systems Command is valued at more than $46.5 million under the terms of a cost-plus-fixed-fee delivery order contract and enables Lockheed Martin to provide "non-recurring engineering, development of design doc ... more |
Eurozone inflation leaps higher delivering 'headache' to ECB Brussels (AFP) May 31, 2018
Inflation in the eurozone leaped to the ECB's target in May, data showed on Thursday, fuelled by a huge increase in oil prices as the US decided to pull out of a nuclear deal with Iran.
The EU's statistics authority, Eurostat, said inflation in the eurozone jumped to 1.9 percent in May, a sharp pick-up from the 1.2 percent recorded in April.
That puts inflation right at the European Cent ... 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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