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  Washington (UPI) Jun 29, 2018 Weak U.S. spending was indicative of concerns about the lack of available oil in the second half of the year that led to gains Friday in the price of oil. "With the Trump administration working towards zero Iranian exports by November, Libyan oil supplies at risk due to clashes with militias, and crashing supply from Venezuela, reports of tightening U.S. supply is keeping oil on edge," Phil Flynn, the senior market analyst for the PRICE Futures Group in Chicago, said in a daily emailed newslett ... read more |
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Hess unloads Utica shale to fund work in Guyana, BakkenWashington (UPI) Jun 29, 2018 U.S. energy company Hess Corp. said it would use the $400 million from the sale of assets in the Utica shale basin to fund work in Guyana and North Dakota. ... more 
North Sea strike threat could shut down three platformsWashington (UPI) Jun 29, 2018 A British trade union said three platforms in the British waters of the North Sea could stop production if labor strikes go ahead as planned next week. ... more 
Oil-rich Alberta expecting strong economic momentumWashington (UPI) Jun 29, 2018 The price for U.S. crude oil has been below the government estimates, though Alberta's economy could enjoy long-term growth, the finance minister said. ... more 
BP gets praise for smart bet on EVWashington (UPI) Jun 29, 2018 BP's acquisition of Britain's largest electric vehicle charging company gives the supermajor an edge in a changing retail segment, an analytics company said. ... more |
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| Previous Issues | Jun 30 | Jun 29 | Jun 28 | Jun 27 | Jun 26 |
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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 
No issues found at one of Norway's biggest oil fieldsWashington (UPI) Jun 28, 2018 An audit of the Johan Sverdrup oil field, which is expected to be the main contributor to Norwegian oil growth, revealed no issues, a safety regulator found. ... more 
U.N. concerned about control of Libyan oil assetsWashington (UPI) Jun 28, 2018 Control over oil production in Libya and the revenues they generate needs to be in the appropriate hands, the U.N. Security Council said Thursday. ... more 
German poll reveals a trust deficit for U.S. energyWashington (UPI) Jun 27, 2018 An executive from German energy company Wintershall said rifts in trade policy are leading to a lack of trust in the United States as an energy supplier. ... more 
Oil takes center stage in Libyan conflictWashington (UPI) Jun 26, 2018 The Libyan army lacks authority to take control over oil exports, the national oil company said in response to what could be a major blow to the OPEC member. ... more |
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 Natural gas is giving oil a run for its money 
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  |
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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 
Iran says it's tough to erase 2 million barrels of oil from the marketWashington (UPI) Jun 27, 2018 It will be impossible for Iranian oil customers to bring imports down to zero within the next five months or so, a senior petroleum official said Wednesday. ... 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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 Washington (UPI) Jun 29, 2018 
Increasingly, climate scientists are calling for climate models to focus more on CO2 levels and less on temperature.
In a new study, researchers from the University of Exeter contend warming could slow even as a rise in CO2 accelerates. Not only do current models mostly ignore this reality, study authors suggest they also fail to account for CO2's myriad impacts on biology - on life. / ... 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 29, 2018 
Iraq said Friday that it executed 13 death row jihadists after Prime Minister Haider al-Abadi vowed a forceful retaliation to calm public anger over the Islamic State group's murder of abducted civilians.
While Iraqis have grown accustomed to the atrocities committed by IS, the killing of the eight civilians shocked the nation and doused hopes the jihadists had been defeated.
For the fir ... more |
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 Paris (AFP) June 29, 2018 
Fifty years after the US, Russia and other powers reached a landmark deal to halt the spread of atomic weapons, an arms race and shifting US alliances risk triggering a new scramble for the bomb, experts say.
Signed on July 1, 1968, six years after the Cuban Missile Crisis took the world to the brink of an atomic war, the Nuclear Non-Proliferation Treaty (NPT) has been credited with dramatic ... 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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 Kigali (AFP) July 1, 2018  Across Rwanda, markets selling piles of cast-off clothes once worn by Americans have become the unlikely centre of a trade war that vendors say is ruining their livelihoods.
Kigali, determined to boost its domestic textiles industry, in 2016 raised tariffs on the importation of secondhand clothes, disrupting a multi-million dollar industry and setting it on a collision course with the United ... 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 30, 2018 
Chinese factory activity slowed in June, dropping from an eight-month high the previous month official data showed Saturday, missing expectations as the world's second largest economy faces the prospect of a trade war with the US.
The Purchasing Managers' Index (PMI), a key gauge of factory conditions, came in at 51.5 in June, decelerating from 51.9 in May, the National Bureau of Statistics ... more |
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 Sydney (AFP) June 29, 2018  New laws to curb meddling by foreign governments in Australia have been passed by parliament ahead of a raft of by-elections, amid heightened fears of Chinese interference in domestic politics.
Canberra last year announced plans to introduce sweeping reforms to espionage and foreign interference laws, with China singled out as a focus of concern.
Australia's spy agency had raised worries ... more |
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 Paris (AFP) June 30, 2018 
Air pollution caused one in seven new cases of diabetes in 2016, according to a US study, which found even low levels raised the chances of developing the chronic disease.
Diabetes has primarily been associated with lifestyle factors like diet and a sedentary lifestyle, but research by the Washington University School of Medicine in St Louis said pollution also plays a major role.
The ... more |
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 Mae Sai, Thailand (AFP) July 1, 2018 
Thai officials leading a massive effort to rescue 12 boys and their assistant football coach from a flooded cave said Sunday they had set up a working base deep inside a passageway and expressed optimism about their progress as bad weather eased.
Monsoon rains have complicated the frantic search for the children, aged 11 to 16, and the coach who have not been heard from since they ventured i ... more |
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