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  Washington DC (UPI) Jun 08, 2018 A Norwegian government regulator said Friday it confirmed an oil discovery was made in untested waters in the central part of the North Sea. The Norwegian Petroleum Directorate, the nation's energy regulator, confirmed a discovery was made by Equinor in a wildcat well, one drilled in an area not previously known to contain oil or natural gas. The objective of the well was to determine the available of commercial oil volumes. By NPD estimates, the discovery holds between 15 million and 35 ... read more |
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Iranian oil production not impacted by sanctions yetWashington DC (UPI) Jun 08, 2018 With sanctions pressures looming over Tehran, production from OPEC's third-largest producer, Iran, hasn't yet been impacted, a Platts survey found. ... more 
Brazilian oil good for deep-pocketed companiesWashington DC (UPI) Jun 08, 2018 An auction for rights to tap into the oil basins off the coast of Brazil highlights the country's prospects for those with deep enough pockets, analysis found. ... more 
Oil prices slip on G7 trade concernsWashington DC (UPI) Jun 08, 2018 Concerns about broad-based trade issues overshadowed potential supply-side deficits to push the price for crude oil lower early in the Friday session. ... more 
Pope urges oil majors to combat global warming and aid poorVatican City (AFP) June 9, 2018 Pope Francis asked Saturday that major oil and gas companies respect the 2015 Paris climate agreement to help protect the poor from global warming. ... more |
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| Previous Issues | Jun 08 | Jun 07 | Jun 06 | Jun 05 | Jun 04 |
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Putin offers pledges of economic stabilityWashington (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. ... more 
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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 Nigeria's military urged not to add to oil pollution 
Kuwait exposed to risk from volatile oil pricesWashington (UPI) Jun 7, 2018 Kuwait faces credit risks because national policies are behind the curve when it comes to supporting non-hydrocarbon growth, Moody's Investors Service found. ... more  |
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The market for LNG is getting tighterWashington (UPI) Jun 7, 2018 Growing demand from China should soak up some of the spare capacity of LNG to the modest relief of emerging suppliers like the United States, analysis finds. ... 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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 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 8, 2018  Nationalist Moqtada Sadr, whose bloc won the largest share of seats in Iraq's May legislative elections, has strengthened his parliamentary position by forming an alliance with two other lists.
The former militia leader reached a coalition agreement on Thursday with Shiite Ammar al-Hakim's Al-Hikma list and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of ... more |
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 Tehran (AFP) June 11, 2018 
Iran said Monday that it remains dubious about the prospects for talks between the United States and North Korea, and warned Pyongyang to be highly vigilant about Washington's promises.
"As regards US behaviour, approach and its intentions, we are highly sceptical and look at its actions with utter pessimism," foreign ministry spokesman Bahram Ghasemi told reporters in Tehran.
"For the ... 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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 Washington (AFP) June 9, 2018 
An American commando was killed Friday in an attack in southern Somalia that also wounded four US military personnel along with a Somali soldier, officials said.
The attack occurred in Jubaland, where a large force comprising about 800 Somali, Kenyan and US troops were working to clear a large area of Al-Qaeda-aligned Al-Shabaab fighters.
The multinational force "came under mortar and sm ... 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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 Uppsala, Sweden (SPX) Jun 11, 2018 
The challenges of preventing, mitigating, and adapting to largescale political violence are daunting, particularly when violence escalates where it is not expected. With funding from the European Research Council, ViEWS: a political Violence Early-Warning System at Uppsala University, is developing a system that is rigorous, data-based, and publicly available to researchers and the international ... more |
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