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Qatar taps into giant Argentinean shale reserve![]() Washington (UPI) Jun 4, 2018 Buying an equity stake in the Vaca Muerta shale natural gas basin in Argentina marks a debut in unconventional resources, Qatar Petroleum announced. The state-owned petroleum company in Qatar said it reached an agreement with U.S. supermajor Exxon Mobil to take a 30 percent stake in its operations in Argentina. The arrangement gives Qatar Petroleum access to the Vaca Muerta shale basin, located onshore in the Neuquén basin in Argentina. "This is an important milestone, as it marks Qatar ... read more |
Repsol to crunch more refinery data with Google's helpWashington (UPI) Jun 4, 2018 By utilizing the cloud data service from Google, Spanish energy company Repsol's efficiency improvements could yield $20 million in capital growth. ... more
OPEC ministers mindful of potential supply-side deficitsWashington (UPI) Jun 4, 2018 Parties to an OPEC-led effort to collaborate on the methods necessary for a healthy market said they were committed to help offset oil production declines. ... more
Oil prices flat as the dust settles over global trade disputesWashington (UPI) Jun 4, 2018 Near-global concerns about U.S. trade policies and growth in crude oil production from leading suppliers helped push crude oil prices lower on Monday. ... more
Trucks fill Chinese gaps in LNG marketWashington (UPI) Jun 4, 2018 The lack of available pipeline capacity leaves the Chinese market looking at trucking to bridge the gap for liquefied natural gas deliveries, analysis finds. ... more |
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| Previous Issues | Jun 04 | Jun 03 | Jun 01 | May 31 | May 30 |
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'Mission impossible' for US cities that want to respect Paris climate dealPhiladelphia (AFP) June 1, 2018 When President Donald Trump announced the US exit from the Paris climate deal one year ago, the mayor of Philadelphia was among those who vowed to keep carrying the torch. ... more
CNOOC awards contract for oil field in South China SeaWashington (UPI) Jun 1, 2018 A contract for subsea work at an oil field in the South China Sea could help unlock hundreds of millions of barrels of oil reserves, TechnipFMC announced. ... more
There may be credit implications with Trans MountainWashington (UPI) Jun 1, 2018 With the federal government in Canada taking over the Trans Mountain oil pipeline effort, critics and investment analyst warned of credit implications. ... more
Iran wants sanctions considerations at OPECWashington (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. ... 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 Sea
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 |
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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
HRW: Lawsuits muzzling free speech in the environmental communityWashington (UPI) May 31, 2018 Human Rights Watch said Thursday it was worried that lawsuits meant to muzzle environmental advocacy groups were inhibiting free speech. ... more
Texas oil production higher, but data are mixedWashington (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. ... 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 |
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Polymer researchers discover path to sustainable and biodegradable polyesters Blacksburg VA (SPX) Jun 04, 2018
There's a good chance you've touched something made out of the polyolefin polymer today. It's often used in polyethylene products like plastic bags or polypropylene products like diapers.
As useful as polyolefins are in society, they continue to multiply as trash in the environment. Scientists estimate plastic bags, for example, will take centuries to degrade.
But now, researchers at ... more |
UK set to smash renewable energy targets for 2020 London, UK (SPX) Jun 01, 2018
A steady surge in the UK's solar panels market means the country is on course to achieve almost double its 2020 renewable energy target.
Reflecting the large-scale uptake of clean energy worldwide-with China and India spearheading the expansion in terms of consumption and production -the number of new solar panel installations throughout the UK has continued to rise.
Between January ... more |
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Cryptocurrency blowing in the wind as mine opens in Estonia Tallinn (AFP) June 1, 2018
A state-owned Estonian wind farm launched a cryptocurrency mine on Friday, hoping to cash-in on Mother Nature's unlimited supplies of power on a windswept Baltic Sea island, a company official said.
Mining virtual currencies, like bitcoin, ethereum or ripple, requires powerful computers that are voracious users of electricity, making it uneconomical to mine without a cheap source of energy l ... 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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Iraq court sentences French woman to life for IS membership Baghdad (AFP) June 3, 2018
An Iraqi court on Sunday jailed a French woman for 20 years for belonging to the Islamic State group, as her lawyers accused authorities in Paris of "interference" to prevent her returning to France.
Melina Boughedir, a mother of four, was sentenced last February to seven months in prison for "illegal" entry into the country, and was set to be deported back to France.
But another court o ... 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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Costly date: 64.89 yuan forbidden on Tiananmen June 4 anniversary Beijing (AFP) June 4, 2018 China's information blackout about the crackdown on the 1989 Tiananmen protests took a new turn on Monday: users of a popular social media app could not send each other money transfers alluding to the anniversary date.
Open discussion of the brutal crackdown is forbidden in China, where hundreds - by some estimates more than a thousand - died when the Communist Party sent tanks on June 4, ... more |
Faith leaders, Pygmies join forces in fight for Congo forest Kinshasa (AFP) May 31, 2018
Religious groups and delegates of the Pygmy people indigenous to the Democratic Republic of Congo have met to push forward with a campaign to protect the Congo Basin rainforest, participants said.
Wednesday's talks in Kinshasa sought to raise awareness among "various religious denominations" about the Congo Basin forest, a biodiversity hotspot and climate shield, said Henri Muhiya from the C ... more |
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Rolls-Royce to deliver V-22 Osprey engines for U.S. military Washington (UPI) Jun 1, 2018
The U.S. Navy is exercising an option in its contract with Rolls-Royce, awarding the company $28.3 million for engines for the V-22 Osprey tiltrotor aircraft.
Rolls-Royce will deliver 15 production AE1107C engines, including seven for the Marine Corps, six for the Navy and two for the Air Force, the Defense Department said Thursday.
The AE1107C engines weigh 971 pounds each and d ... 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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US Army launches war games on NATO's eastern flank Vilnius (AFP) June 3, 2018
Some 18,000 troops from 19 mostly NATO countries began annual US-led military exercises in Poland and the Baltic states on Sunday to boost combat readiness on the alliance's eastern flank as it faces an increasingly assertive Russia.
The eighth Saber Strike manoeuvres, which run until June 15, come after it was revealed Poland is considering a proposal to welcome a permanent deployment of US ... more |
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Delhi slum drowning in plastic as Environment Day focuses on India New Delhi (AFP) June 4, 2018
A sea of plastic spreads through the New Delhi slum of Taimur Nagar, a symbol of the grime and waste that makes the Indian capital one of the world's most polluted cities.
The plastic bottles, bags, food wrappers and other detritus have gushed out of a drain that ends in the shanty, leaving stinking sewer water clogging the roads.
Stray dogs, goats and cows munch the plastic waste as tod ... 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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