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Iran may have to wait for OPEC considerations![]() Washington (UPI) Jun 19, 2018 Considerations at OPEC for the loss of Iranian barrels to unilateral U.S. sanctions might have to wait until the fourth quarter, an Oxford analysis read. The Oxford Institute for Energy Studies published its case study on the Friday meeting for members of the Organization of Petroleum Exporting Countries. OPEC is halfway through the second year of an effort to drain the surplus in crude oil inventories held by the world's leading industrialized economies through coordinated production cu ... read more  | 
 
Trade jitters send the price of oil lowerWashington (UPI) Jun 19, 2018 Mounting trade pressures between the United States and China eroded confidence in the commodities markets, dragging the price of oil lower on Tuesday. ... more  
Venezuelan oil output charting new lowsWashington (UPI) Jun 19, 2018 Ahead of what could be pivotal talks among OPEC members, production from founding member Venezuela could hit new lows soon, an industry report found. ... more  
Maintenance drags Norwegian oil production lowerWashington (UPI) Jun 19, 2018 Maintenance work at 10 different oil fields on the Norwegian continental shelf meant output was more than 10 percent lower than expected, the government said. ... more  
Alaska's governor to issue plea to avert trade warWashington (UPI) Jun 19, 2018 With energy resources on the line, Alaska Gov. Bill Walker said he was heading to Washington next week to discuss trade tensions with U.S. and Chinese officials. ... more  | 
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| Previous Issues | Jun 19 | Jun 18 | Jun 16 | Jun 15 | Jun 14 | 
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Nord Stream is a commercial pipeline, Russia saysWashington (UPI) Jun 18, 2018 Expanding the capacity of the Nord Stream natural gas pipeline through the Baltic Sea is a purely commercial ambition, a Kremlin spokesman said Monday. ... more  
Libyan oil depots suffer catastrophic blowWashington (UPI) Jun 18, 2018 Damage from militant attacks on a crude oil terminal on the Libyan coast was described by a national oil company Monday as catastrophic. ... more  
Young Iraqis use innovation to make a living in oil-rich southBasra, Iraq (AFP) June 18, 2018 From a roving cafe to scrap metal sculptures, young Iraqis unable to tap into the country's oil wealth are having to find creative ways to make a living. ... more  
More gas production expected from EgyptWashington (UPI) Jun 18, 2018 New natural gas production should come from Egypt by the end of the year, SDX Energy said after announcing a new gas discovery on Monday. ... more  
Shell solicits Gulf of Mexico help from Subsea 7Washington (UPI) Jun 15, 2018 Offshore field services company Subsea 7 said Friday it won a contract from Shell to help advance a redesigned concept for the Vito field in the Gulf of Mexico. ... more  | 
![]() Russian Central Bank leaves rates in place  
Trade tensions push the price of oil lowerWashington (UPI) Jun 15, 2018 Global trade tensions and signs of more oil supply coming in the second half of the year helped push crude oil prices lower in early Friday trading. ... more  | 
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Libya strongman's jets strike rivals - targeting oil terminalsBenghazi, Libya (AFP) June 15, 2018 Libyan strongman Khalifa Haftar's forces on Friday launched air strikes against a rival militia targeting key oil facilities in the east of the country, a spokesman for his group said. ... more  
Equinor seals the deal offshore BrazilWashington (UPI) Jun 15, 2018 Equity production from offshore Brazil more than doubles after the completion of an acquisition in the Campos oil basin, Norwegian company Equinor said. ... more  
Gazprom mulls gas pipeline through North KoreaWashington (UPI) Jun 15, 2018 Russia could be collaborating with Seoul on the construction of a natural gas pipeline through North Korean territory, a Gazprom official said Friday. ... more  
Uncertainty surrounds ANWR oil prospectsWashington (UPI) Jun 15, 2018 Oil production from an Alaskan wildlife refuge won't take place for another decade at least and domestic needs by then are uncertain, a federal report found. ... more  
Azerbaijan boasts of oil market navigational successWashington (UPI) Jun 14, 2018 The state oil company in Azerbaijan has proven its mettle when it comes to navigating through weak market conditions, the head of the company said Thursday. ... more  | 
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Orange, tea tree and eucalyptus oils sweeten diesel fumes Brisbane, Australia (SPX) Jun 18, 2018  
QUT PhD researcher Ashrafur Rahman tested each of the waste oils for performance and emissions as a 10 per cent oil/90per cent diesel blend in a 6-cylinder, 5.9l diesel engine. 
"As only therapeutic grade oil can be used, there is a substantial volume of low-value waste oil that currently is stored, awaiting a use," Mr Rahman said. 
"Our tests found essential oil blends produced almost ... more | 
Solar FlexRack completes shipments to 71 MW solar project in North Carolina Youngstown OH (SPX) Jun 19, 2018  
Steve Daniel, Executive Vice President of Solar FlexRack said, "We are extremely pleased to have been selected to supply this project. Cypress Creek Renewables has been instrumental in supporting the growth of the solar industry in North Carolina, generating jobs for communities, and providing passive income opportunities for landowners. 
"As long-term solar project owners and operators, th ... more | 
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New wind turbines are even efficient in low winds Helsinki, Finland (SPX) Jun 15, 2018  
VTT Research Centre of Technology (VTT) has explored the potential and economic benefits of new wind power technology. The technology would greatly increase the benefits of wind energy and enable the competitive utilisation of wind power in Finland. 
Heavy investments are being made in wind power, which highlights the importance of this new and competitive technology. Wind power accounts fo ... more | 
Creating a new composite fuel for new-generation fast reactors Nizhny Novgorod, Russia (SPX) Jun 20, 2018  
Joint research efforts of a team of scientists at Lobachevsky University of Nizhny Novgorod (UNN) comprising chemists, physicists and engineers are currently focused on solving the problems of handling plutonium and minor actinides (MA) accumulated over many years. 
To this end, they are studying composite ceramics-ceramics (Cer-Cer) and ceramics-metal (CerMet) materials on the basis of min ... more | 
 
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Drought-hit Iraq suspends farming of key crops Baghdad (AFP) June 18, 2018  
 An unusually bad drought has forced Iraq to suspend the cultivation of rice, corn and other cereals that demand large amounts of water, the agriculture ministry said Monday. 
"The agricultural plan for the summer" was modified "because the quantities of water needed for these cereals are not available", spokesman Hamid al-Nayef said. 
"The ministry does not take this decision light hearted ... more | 
Audi boss arrested in diesel probe Frankfurt Am Main (AFP) June 18, 2018   Audi chief executive Rupert Stadler was arrested Monday in connection with parent company Volkswagen's "dieselgate" emissions cheating scandal, with prosecutors saying they feared he might try to suppress evidence. 
The dramatic development comes a week after Munich prosecutors raided Stadler's home after charging him with fraud and falsifying documents that allowed diesel vehicles equipped w ... more | 
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Three truck drivers killed by IS in Iraq Kirkuk, Iraq (AFP) June 18, 2018  
 Three truck drivers were killed by the Islamic State group in a nighttime attack on a key Iraqi highway linking Baghdad to oil-rich Kirkuk, an official told AFP on Monday.  
The victims were "killed in an ambush by the jihadists" overnight Sunday to Monday, the security source said on condition of anonymity. 
Meanwhile, the same night six shepherds in the neighbouring province of Saladin w ... more | 
'Worrying' new focus on nuclear deterrence: report Stockholm (AFP) June 18, 2018  
 The world's nuclear powers are reducing their arsenals but they are also modernising, putting a fresh and "worrying" focus on strategic deterrence, a Stockholm-based think tank said Monday. 
"The renewed focus on the strategic importance of nuclear deterrence and capacity is a very worrying trend," the Stockholm International Peace Research Institute (SIPRI) said. 
"The world needs a clear ... more | 
 
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Malaysia power shift hits China infrastructure drive Kuala Lumpur (AFP) June 17, 2018  
 Malaysia was once a loyal partner in China's globe-spanning infrastructure drive but a new government is now pledging to review Beijing-backed projects, threatening key links in the much-vaunted initiative. 
Kuala Lumpur's previous regime, led by scandal-mired Najib Razak, had warm ties with China and signed a string of deals for Beijing-funded projects, including a major rail link and a deep ... more | 
Gambian police kill two anti-pollution protestors Banjul, Gambia (AFP) June 18, 2018  
 Gambian police Monday killed two young men during a village protest against sand excavation they claim is damaging their rice fields, official sources said. 
The office of the police inspector general said a clash between villagers and police led to the "regrettable death" of two men and left several others injured. 
"The office of the Inspector General of Police wishes to make it clear th ... more | 
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French fighter jets go quiet for school exams Bordeaux (AFP) June 19, 2018  
 French students may be suffering one of the most stressful weeks of their young lives as they take their high school exams, but at least they won't be distracted by fighter jets. 
France's cutting-edge Rafale military planes will be flying on adjusted schedules this week in a bid to minimise disruption for the students, the commander of a military base told AFP on Tuesday. 
Commander Cedri ... more | 
Trump escalates China trade war with extra tariffs Washington (AFP) June 19, 2018  
 US President Donald Trump escalated a growing trade war with China by unveiling plans Monday to impose 10 percent tariffs on an additional $200 billion worth of Chinese goods. 
With the world's two largest economies already engaged in a confrontation long feared by markets and industry, Trump said he was pushing forward with fresh punitive measures over Beijing's "unacceptable" move to raise  ... more | 
 
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Mattis blasts Putin for trying to 'shatter' NATO Washington (AFP) June 15, 2018   US Defense Secretary Jim Mattis assailed Russian President Vladimir Putin on Friday, accusing him of attacking western democracy and trying to break up NATO. 
Mattis's remarks came just hours after President Donald Trump repeated his assertion that Russia should be invited back into the G7 group of industrialized nations, from which it was kicked out for annexing Crimea in 2014, an event he b ... more | 
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Wastewater treatment plants are key route into UK rivers for microplastics Leeds UK (SPX) Jun 18, 2018  
Water samples from UK rivers contained significantly higher concentrations of microplastics downstream from wastewater treatment plants, according to one of the first studies to determine potential sources of microplastics pollution. 
Scientists from the University of Leeds measured microplastics concentrations up and downstream of six wastewater treatment plants and found that all of the p ... more | 
Economic optimization risks tipping of Earth system elements Potsdam, Germany (SPX) Jun 19, 2018  
Optimizing economic welfare without constraints might put human well-being at risk, a new climate study argues. While being successful in bringing down costs of greenhouse gas reductions for instance, the concept of profit maximization alone does not suffice to avoid the tipping of critical elements in the Earth system which could lead to dramatic changes of our lifelihood. 
The scientists  ... more | 
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