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  Washington (UPI) Jun 7, 2018 Riding improvements in the price of oil from recession to recovery, Russian President Vladimir Putin said Thursday the economy is on stable ground. Russia's economy lingered in recession in 2016 and the national currency, the ruble, declined in value after crude oil prices dipped below $30 per barrel. Oil prices have been fluid this year, trading in a range of around $62 per barrel to $80 per barrel for Brent, the global benchmark for the price of oil. Russia is party to an effort led by ... read more |
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Oil Search finds new gas in Papua New GuineaWashington (UPI) Jun 7, 2018 A new gas discovery was made in Papua New Guinea and data assessments are now geared toward commercial developments, a key regional player said. ... more 
OPEC data offers glimpse at GDP impact of production cutsWashington (UPI) Jun 7, 2018 Angola, Libya and Iran led the pack among OPEC members when comparing GDP figures from before and after the group's production agreement, data show. ... more 
A lack of oil pushes key benchmarks higherWashington (UPI) Jun 7, 2018 Concerns about the lack of supply from Iran and Venezuela re-emerged early Thursday to push the price of crude oil sharply higher. ... more 
Equinor upbeat on oil and the economyWashington (UPI) Jun 7, 2018 Crude oil demand and production remain strong, Norwegian energy major Equinor said, adding geopolitical risk won't derail the global economy. ... more |
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| Previous Issues | Jun 07 | Jun 06 | Jun 05 | Jun 04 | Jun 03 |
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OPEC ministers mindful of potential supply-side deficits Washington (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 
Repsol takes conservative approach given oil price volatilityWashington DC (UPI) Jun 06, 2018 Spanish energy company Repsol said Wednesday it was taking a conservative approach to its short-term plans given the volatility in crude oil prices. ... more 
U.S. gas prices ebb, but still at a painful levelWashington DC (UPI) Jun 05, 2018 U.S. retail gasoline prices are pulling back in line with declines in crude oil prices, but continue to put a crimp on people's wallets, analysts said. ... more
Trade concerns, OPEC issues push oil prices lowerWashington DC (UPI) Jun 05, 2018 Crude oil prices drifted lower in early Wednesday trading amid signs of slumping U.S. consumer demand and lingering concerns about global trade disputes. ... more 
Russia, Austria double down on European energy imageWashington DC (UPI) Jun 05, 2018 The strong bilateral energy relationship between Russia and Austria can only serve to improve energy security in Europe, an Austrian leader said. ... more |
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 Irish offshore reserve estimate nearly doubles 
NATO rejects Qatar membership ambitionBrussels (AFP) June 6, 2018 NATO on Wednesday declined an overture by Qatar to join the Western military defence alliance, saying membership was reserved to the United States and Europe. ... more  |
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OPEC-member Venezuela facing more regional pressuresWashington DC (UPI) Jun 05, 2018 Venezuela may be facing further economic obstacles as the U.S. secretary state calls for its suspension from the Organization of American States. ... more 
France seeks ways to keep Iranian oil flowingWashington DC (UPI) Jun 05, 2018 European parties to the Iranian nuclear agreement are working on ways to ensure Iran can keep exporting oil to the market, a French minister said. ... more 
Namibia drawing more focus from energy companiesWashington DC (UPI) Jun 05, 2018 OPEC-member Angola's southern neighbor, Namibia, could be a focal point with a quarter-million barrels of potential reserves, an Atlantic-focused company said. ... more 
Exxon, Equinor complete partnership offshore BrazilWashington DC (UPI) Jun 06, 2018 Development of oil basins off the coast of Brazil remains a core focus, Norwegian energy company Equinor said after selling off interests to Exxon Mobil. ... more 
Fitch: Energy-rich Qatar goes from crisis to surplusWashington DC (UPI) Jun 05, 2018 Recovering from political disputes, a $10 per barrel increase in the price of oil could add about 4 percent to GDP from gas-rich Qatar, Fitch Ratings reported. ... more |
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 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 |
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 Montreal, Canada (SPX) Jun 07, 2018 
Will you ever be able to charge your mobile device, car and even clothing with flexible solar cells? Researchers at Aalto University in Finland and Universite de Montreal are studying whether the now-experimental technology could someday be mass-produced and commercialized, and some of the issues that have to be resolved, including the environmental impact.
For the electronic cells to be v ... more |
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 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 |
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 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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 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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 Buffalo NY (SPX) Jun 01, 2018 
What's better than platinum? In hydrogen fuel cells, the answer is cofacial cobalt porphyrins. It's a mouthful to say, and if you're not a chemist, you've probably never heard of these compounds before. But these molecules - which are great at facilitating a chemical reaction that's needed to produce power from hydrogen and oxygen - could be the next big advance in alternative energy.
The ... more |
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 Baghdad (AFP) June 6, 2018  Iraq's parliament Wednesday ordered a manual recount of the May 12 legislative elections and sacked the commission which oversaw the polls that resulted in a surprise victory for a populist Shiite cleric.
After several failed attempts because of a lack of quorum, outgoing MPs met to order a recount at all polling stations, covering almost 11 million votes, in response to charges of electoral ... more |
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 Jerusalem (AFP) June 5, 2018  Prime Minister Benjamin Netanyahu said Tuesday that the Iranian plan to increase its nuclear enrichment capacity was aimed at producing nuclear weapons to be used against Israel.
"Two days ago, Ayatollah Khamenei, Iran's supreme leader, stated his intention to destroy the State of Israel," Netanyahu said in a video posted on social media.
"Yesterday he explained how he would do it - by ... more |
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 Beijing (AFP) June 7, 2018 
Chinese authorities have called on the public to help track down fugitives abroad by publishing the names, photos and even addresses of 50 high-profile suspects beyond its grasp.
A massive anti-graft campaign launched by President Xi Jinping includes a push to repatriate allegedly corrupt officials who have fled abroad - an effort known as "Sky Net".
But most Western countries including ... more |
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 Brussels, Belgium (SPX) Jun 05, 2018 
The number of people in Africa moving from their home country is set to increase in line with population growth over the coming decades, according to the findings of a joint study from the JRC and the European Political Strategy Centre (EPSC).
Demographic expansion will by itself lead to an increase in the absolute number of people on the move. Currently the majority remain on the African ... more |
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 Washington DC (SPX) Jun 06, 2018  Eielson U.S. Air Force Base in Alaska is set to receive a new F-35A Lightning II weather shelter in a new Defense Department deal.
The contract, from the U.S. Army Corps of Engineers and announced on Tuesday, is valued at more than $82.1 million under the terms of a firm-fixed-price contract that enables Watterson Construction Company to construct a weather shelter for the advanced airc ... more |
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 Washington (AFP) June 7, 2018 
Washington and Beijing have reached a deal to ease sanctions that brought Chinese smartphone maker ZTE to the brink of collapse, the US Commerce Department announced Thursday.
The deal could be a harbinger of progress in separate and fraught trade talks between the world's two largest economies although Commerce Secretary Wilbur Ross on Thursday reiterated a denial that there was any connect ... more |
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 Brussels (AFP) June 7, 2018  NATO chief Jens Stoltenberg on Thursday hailed German plans to increase defence spending by 80 percent by 2024 as "a step in the right direction" amid US demands for Europe to pay its way.
US President Donald Trump has repeatedly lashed European allies for failing to meet a commitment to spend two percent of GDP on defence by 2024, with economic powerhouse Germany coming in for particular cr ... more |
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 Paris (AFP) June 7, 2018 
Joining the government of President Emmanuel Macron in May last year, celebrity environmental activist Nicolas Hulot made clear he was unsure whether he would have much of an impact.
The star, France's best-known environmentalist as the face of the Ushuaia TV programme, had hesitated about joining the ministerial team, having refused similar offers from previous French leaders.
"The urge ... more |
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 Geneva (AFP) June 1, 2018 
Colombian President Juan Manuel Santos hailed Friday the peace accord reached in his country, but warned it would take at least 15 years to build a truly peaceful society.
Speaking before the UN Labour Organization's annual assembly, Santos stressed that "peace is much more than just silencing the weapons."
"Building peace is like building a cathedral; it is a long and complex process th ... more |
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