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  Washington (UPI) Jun 28, 2018 African-focused explorer Tullow Oil said Thursday it was putting more rigs in place at its assets in Ghana with production trends testing in-place capacity. "Tullow has performed strongly so far in 2018," Chief Executive Paul McDade said in a statement. The company's oil production during the first quarter averaged 87,700 barrels of oil per day, led by gains from its Tweneboa, Enyenra, Ntomme complex offshore Ghana. Tullow is still in the process of remediating problems with a floating p ... read more |
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Dallas Fed survey sees U.S. oil in the mid $60 per barrel rangeWashington (UPI) Jun 28, 2018 Respondents to a Federal Reserve Bank of Dallas survey said they expected the U.S. benchmark for the price of oil to be at $65.68 per barrel by year's end. ... more 
Russia a pivotal player in OPEC-led market stabilization effortWashington (UPI) Jun 28, 2018 Following last week's pledge of more oil from OPEC, Russia is now standing next to Saudi Arabia as a major influence in the market, an analytics analyst said. ... more 
Spain's Repsol said it's now a major market playerWashington (UPI) Jun 28, 2018 An investment bank said Thursday the decision by Spanish energy company Repsol to buy low-emissions assets supports growth in a market lauded for green goals. ... more 
Rally in oil prices loses steam after revision to U.S. GDPWashington (UPI) Jun 28, 2018 Crude oil prices lost some ground in early Thursday trading after weaker-than-expected U.S. economic data offset looming supply-side pressures. ... more |
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| Previous Issues | Jun 28 | Jun 27 | Jun 26 | Jun 25 | Jun 24 |
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More oil found off the coast of OPEC-member AngolaWashington (UPI) Jun 26, 2018 The latest discovery of oil in the deep waters of OPEC-member Angola could hold as much as 300 million barrels of oil, Italian energy company Eni said. ... more 
After OPEC decision, Russia expresses economic optimismWashington (UPI) Jun 27, 2018 A few days after Russia backed OPEC pledges on oil production, a Russian finance minister said Wednesday the pace of economic growth is accelerating. ... more 
The direction for U.S. retail gas prices is unclearWashington (UPI) Jun 26, 2018 With the price of oil moving erratically, perceptions over the direction for consumer fuel prices in the United States were mixed ahead of a major holiday. ... more
Oil prices up slightly, balanced by Libyan risk and tradeWashington (UPI) Jun 26, 2018 Concerns about global trade tensions were balanced against national security concerns for OPEC-member Libya to lift crude oil prices higher early Tuesday. ... more 
Energy firms rise with oil prices but Asia investors uncertainHong Kong (AFP) June 27, 2018 Energy firms rallied on Wednesday after a surge in oil prices but most Asian markets fluctuated as trade war fears torment investors. ... more |
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 Iran says it's tough to erase 2 million barrels of oil from the market 
Germany's E.ON starts new chapterWashington (UPI) Jun 26, 2018 German energy company E.ON said Tuesday it started a new chapter with the completion of its stake in a Russian energy company to Finland's Fortun Corp. ... more  |
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French energy company ENGIE sidesteps takeover questionsWashington (UPI) Jun 26, 2018 French energy company ENGIE said Tuesday it was addressing a Portuguese request by saying it wasn't bidding for a regional renewable unit of EDPR. ... more 
GE split isn't about Baker HughesWashington (UPI) Jun 27, 2018 General Electric's divestment from Baker Hughes shouldn't be seen as a reflection of the health of the exploration and production sector, an analyst said. ... more 
Russian, U.S. energy leaders to meetWashington (UPI) Jun 25, 2018 Energy department heads from two of the world's leading natural gas producers, Russia and the United States, meet this week in Washington, the Kremlin said. ... more 
Arbitration sought over access to Senegal's oilWashington (UPI) Jun 25, 2018 Disputes with Senegal's government over oil and gas exploration rights offshore may head to an international panel for arbitration, African Petroleum said. ... more
Russia sees oil leverage with Saudi partnershipWashington (UPI) Jun 25, 2018 The head of Russia's sovereign wealth fund said Monday that coordinating with Saudi Arabia consolidated its leadership position in the global oil market. ... more |
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 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 |
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 Dresden, Germany (SPX) Jun 28, 2018 
The small private island Jumby Bay, located in the north of Antigua, will soon reach almost complete autarky in terms of power supply. After the installation of eleven sun2live and sun2roof solar installations with a total capacity of 404 kWp last year, the clean energy provider PV Energy now expands this solar energy project and is about to implement a sun2safe xl managed micro grid.
Upon ... more |
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 Washington (UPI) Jun 27, 2018 
The first battery used to store energy from wind power from a facility offshore Scotland was installed Wednesday, Norwegian energy company Equnior said.
Equinor, formerly known as Statoil, started handing out contracts to deliver a 1 megawatt Lithium battery storage system for the Hywind wind farm off the Scottish coast last year. The company said Wednesday the system was connected so t ... more |
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 Paris (SPX) Jun 26, 2018 
New technology has the power to improve competitiveness in nuclear power plant (NPP) maintenance, says Gilles Perrier, Head of Operational Excellence and Digital Transformation at Framatome's* Installed Base (IB) Business Unit.New technology has the power to improve competitiveness in nuclear power plant (NPP) maintenance, says Gilles Perrier, Head of Operational Excellence and Digital Transform ... more |
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 Riga (AFP) June 26, 2018 
Latvia's government on Tuesday declared a national state of disaster in its agricultural sector as a result of a prolonged drought that has affected most of the Baltic state and which some call the worst in decades.
The westernmost region of Kurzeme has been hit hardest, though several areas have not seen proper rain since April, resulting in burnt-up fields and lost crops.
"Last year ... more |
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 Frankfurt Am Main (AFP) June 7, 2018 
German auto giant Volkswagen has warned it will have to halt production at its main Wolfsburg plant for several days next quarter as it adapts to rigorous new EU emissions tests.
"We must plan for interruptions to production in the third quarter," VW chief executive Herbert Diess told workers Wednesday.
He told staff to expect "closure days" in late summer and September.
New emission ... more |
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 Baghdad (AFP) June 28, 2018  Iraqi Prime Minister Haider al-Abadi on Thursday ordered the immediate execution of hundreds of convicted jihadists on death row, in swift retaliation for the Islamic State's execution of eight captives.
Abadi, who has faced charges of failing to respond in force to IS, ordered "the immediate punishment of terrorists condemned to death whose sentences have passed the decisive stage", his off ... more |
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 United Nations, United States (AFP) June 27, 2018 
The United States urged fellow UN Security Council members Wednesday to punish Iran for "malign behavior" in the Middle East, at a meeting on implementation of the 2015 nuclear deal with Tehran.
"When confronted with a country that continually violates this council's resolutions, it is imperative that we pursue meaningful consequences," said Jonathan Cohen, the US deputy ambassador to the Un ... more |
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 Beijing (AFP) June 25, 2018 
Police have dispersed military veterans who had demonstrated in an eastern Chinese city to protest the alleged beating of elderly ex-soldiers demanding better pensions, witnesses told AFP on Monday.
The demonstrations highlighted the years-long struggle among former soldiers of the world's biggest standing army to get better benefits, posing a headache for the country's Communist leadership. ... more |
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 Banjul, Gambia (AFP) June 22, 2018 
Gambian president Adama Barrow paid tribute on Friday to three young protesters killed by police in an anti-pollution rally, urging witnesses to come forward to a commission of inquiry set up by his government.
"You are the people that witnessed what happened here that day," Barrow told his audience in the village of Faraba Banta, 50 kilometres (30 miles) from the capital, Banjul.
"You ... more |
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 Washington DC (SPX) Jun 28, 2018 
NASA's newest experimental aircraft, designed with quiet supersonic technology and intended to help open a new era in faster-than-sound air travel over land, will forever be known in the history books as the X-59 QueSST.
The U.S. Air Force, which is the government entity responsible for assigning X-number designations and the popular name associated with the aircraft, officially informed N ... more |
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 Beijing (AFP) June 28, 2018 
China on Thursday insisted it has "carried out every promise" made in joining the World Trade Organization as Washington and Brussels push Beijing to do away with protectionist policies.
Hitting back at critics like US President Donald Trump, China published a white paper titled "China and the World Trade Organization" outlining reforms Beijing has undertaken since joining the agreement in 2 ... more |
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 Beijing (AFP) June 27, 2018 
US Defense Secretary James Mattis met his Chinese counterpart in Beijing on Wednesday, aiming to find areas of cooperation despite a mounting military rivalry between the two superpowers.
On his first ever visit to China, the Pentagon chief was greeted at the headquarters of the People's Liberation Army by an honour guard and marching band playing the US and Chinese anthems.
In opening r ... more |
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 Mumbai (AFP) June 26, 2018 
Burger King, McDonald's and Starbucks are among dozens of companies fined for violating a new ban on single-use plastics in India's commercial capital Mumbai, an official said Tuesday.
The rules, in force since Saturday, prohibit the use of disposable plastic items such as bags, cutlery, cups and bottles under a certain size.
Businesses and residents face fines of between 5,000 rupees ($ ... more |
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 Tripoli (AFP) June 25, 2018 
Libya's coastguard has rescued nearly 1,000 migrants who were on boats in distress in the Mediterranean on their way to Europe, the navy said on Monday.
Three separate operations took place on Sunday with the coastguard bringing ashore in Libya a total of 948 migrants, navy spokesman Ayoub Kacem said.
The migrants were on inflatable dinghies which were facing difficulties in the Mediterr ... more |
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