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  Washington (UPI) Jul 13, 2018 French supermajor Total said Friday it's now one of the largest liquefied natural gas companies in the world after buying assets from its counterpart, Engie. The French supermajor paid $1.5 billion to acquire the exploration and production segment of Engie's LNG portfolio. Of note in the purchase was Engie's minority stake in the Cameron LNG facility in the United States, an emerging LNG exporter thanks to its rich shale natural gas reserves. U.S. Commodity Futures Trading Commission fou ... read more |
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Projection: U.S. oil production strong until 2030, then wanesWashington DC (UPI) Jul 16, 2018 While oil production from U.S. shale basins has been relentless, it will be other producers contributing to long-term supply growth, Wood Mackenzie found. ... more 
Iran asks Saudi Arabia to stick to OPEC agreements(UPI) Jul 16, 2018 Saudi Arabia is reminded of its obligations to production quotas outlined by an OPEC-led agreement brokered in late 2016, Iran's oil minister said Monday. ... more 
Slow-growth concerns drag oil prices lowerWashington (UPI) Jul 16, 2018 Crude oil prices moved sharply lower ahead of the start of U.S. trading on Monday on signs of cooling economic growth and emerging supplies. ... more 
Aker BP's revenue supported by improved market conditionsWashington (UPI) Jul 13, 2018 Production costs in the second quarter were in line with expectations and revenues were supported by improved commodity prices, Aker BP said Friday. ... more |
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| Previous Issues | Jul 16 | Jul 13 | Jul 12 | Jul 11 | Jul 10 |
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Big petroleum projects in Argentina face tiny challenge: a lizardBuenos Aires (AFP) July 13, 2018 A tiny but critically endangered lizard found in Argentina's extensive Vaca Muerta petroleum field could pose a major challenge to companies planning multimillion-dollar investments in the area. ... more 
Maersk Drilling gets North Sea vote of confidenceWashington (UPI) Jul 13, 2018 Danish offshore company Maersk Drilling said it was breathing a sigh of relief after getting contract extensions for two of its rigs in the North Sea. ... more 
Transocean proposes $600 million private offeringWashington (UPI) Jul 10, 2018 Proceeds from the placing of senior secured notes will be used to help finance the construction of a deepwater rig delayed in 2015, Transocean said Tuesday. ... more 
UN slaps arms embargo on South SudanUnited Nations, United States (AFP) July 13, 2018 The UN Security Council on Friday imposed an arms embargo on South Sudan and sanctions on two military officials, ratcheting up pressure after the latest diplomatic efforts failed to end nearly five years of war. ... more 
Volatile world means volatile oil prices, Russia's energy minister saysWashington (UPI) Jul 13, 2018 Volatile crude oil prices reflect a volatile geopolitical climate as well as concerns about global trade tensions, Russia's energy minister said Friday. ... more |
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 Push-pull factors leave oil prices lacking direction early Friday 
Premiere Oil says Catcher complex balancing natural declinesWashington (UPI) Jul 12, 2018 British energy company Premiere Oil said Thursday production in the first half of the year was lower than expected, but offset by its flagship Catcher basin. ... more  |
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Western powers welcome return of Libyan oilWashington (UPI) Jul 12, 2018 Western powers on Thursday welcomed the return of authority over oil exports in Libya to the U.N-backed National Oil Corp. ... more 
U.S. puts Gulf of Mexico oil and gas acreage up for auctionWashington (UPI) Jul 13, 2018 The U.S. government put millions of acres on the table for drillers looking to tap into the billions of barrels of oil yet to be discovered offshore. ... more 
Australia's Melbana turns to Cuban players for oil drilling in Cuba(UPI) Jul 12, 2018 Entities on the ground in Cuba are the preferred option for oil drilling operations set to begin by as early as December, Australia's Melbana Energy said. ... more 
US asks UN to cut off oil products to North KoreaUnited Nations, United States (AFP) July 12, 2018 The United States asked the UN Security Council on Thursday to order an immediate halt to all deliveries of refined oil products to North Korea after accusing Pyongyang of violating sanctions with illegal imports of fuel, according to documents seen by AFP. ... more 
No problem for oil yet in the Strait of HormuzWashington (UPI) Jul 10, 2018 Iranian threats to block the flow of oil through the Strait of Hormuz, a global chokepoint, haven't been manifested yet, an international affairs expert said. ... more |
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 University Park PA (SPX) Jul 12, 2018 
Dramatic improvements have been made to the process of converting carbon dioxide, a greenhouse gas, to methanol, a fuel and building block for a wide range of everyday materials, according to Penn State researchers.
Atmospheric carbon dioxide concentrations are increasing and climate change is becoming a worldwide concern requiring global efforts to reduce carbon dioxide emissions. One app ... more |
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 Viesca, Mexico (AFP) July 13, 2018  Driving through the endless dunes and cacti of the Chihuahuan desert in northern Mexico, a shimmering blue field suddenly appears on the horizon - not a mirage, but the largest solar park in Latin America.
This silent stretch of sand in the state of Coahuila is the spot the Italian energy giant Enel picked to build the Villanueva power plant: 2.3 million solar panels that sprawl across a su ... more |
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 Washington (UPI) Jul 5, 2018 
German energy company E.ON said Thursday the start of turbine installation at the Arkona wind farm in the Baltic Sea sets the clock ticking for a 2019 launch.
The company said it started installing the first of the 60 turbines planned for the 385 megawatt facility in the German waters of the Baltic Sea. Once completed, Arkona will have enough power to meet the annual power demand of aro ... more |
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 Lausanne, Switzerland (SPX) Jul 13, 2018 
The lab of Fabrizio Carbone at EPFL and their international colleagues have used ultrafast Transmission Electron Microscopy to take attosecond energy-momentum resolved snapshots (1 attosecond = 10-18 or quintillionths of a second) of a free-electron wave function. Though unprecedented in itself, the scientists also used their experimental success to develop a theory of how to create electron fla ... more |
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 Washington (UPI) Jul 11, 2018 
A record number of Americans believe there is solid evidence that proves climate change exists and it is at least partly human-caused, a new survey Wednesday shows.
The 7-page report by the National Surveys on Energy and the Environment says 60 percent of Americans "now think that global warming is happening and that humans are at least partially responsible for the rising temperatures. ... more |
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 Washington (AFP) July 17, 2018  Elon Musk has had a series of angry social media dust-ups with Wall Street analysts, journalists, employees and others.
But his latest outburst on Twitter attacking a British rescue worker in Thailand has raised fresh concerns over the star tech entrepreneur's stability and leadership abilities.
Musk, the South African-born innovator and billionaire behind Tesla and SpaceX, found himsel ... more |
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 Basra, Iraq (AFP) July 14, 2018 
Two more demonstrators were killed in southern Iraq, officials said, as protests against unemployment spread on Saturday from the port city of Basra to other parts of the country including Baghdad.
The deaths overnight in Maysan province on the border with Iran brought to three the number of demonstrators killed since the protests erupted Sunday in neighbouring Basra.
A spokesman for the ... more |
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 Seoul (AFP) July 17, 2018 
North Korean leader Kim Jong Un berated officials during inspections of a factory, power station and holiday camp, state media reported Tuesday, with analysts saying the reports show nuclear-armed Pyongyang's desire to focus on economic development.
"Field guidance" visits by the leader are the mainstay of the North's state media output, with Kim regularly shown giving "on-the-spot guidance" ... more |
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 Hong Kong (AFP) July 17, 2018  Police in Hong Kong sought to ban a political party which promotes independence for the city Tuesday citing it as a potential national security threat as Beijing ups pressure on challenges to its territorial sovereignty.
Semi-autonomous Hong Kong enjoys freedoms unseen on the mainland including freedom of expression but concern is growing those rights are under serious threat from an asserti ... more |
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 Berberati, Central African Republic (AFP) July 17, 2018 
"This road isn't safe," warns a UN soldier at the edge of a jungle where the latest militia to darken hopes for peace in the Central African Republic has surfaced.
Huddled with assault rifles in a pickup truck that slides across the thick red mud, the Tanzanian peacekeepers keep watch on the Mambere-Kadei forest, home to a small but violent group that came to the fore last September.
Kno ... more |
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 Farnborough, United Kingdom (AFP) July 16, 2018  Britain sought to project an image of aerospace prowess long after it leaves the European Union, at the Farnborough airshow on Monday, as Airbus and Boeing announced a raft of deals and issued optimistic outlooks for the global industry.
China's Sichuan Airlines said it will be buying 10 A350 long-haul planes with a list price of $2.8 billion, while India's Vistara signed a letter of intent ... more |
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 Beijing (AFP) July 16, 2018  The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions, warning that they could spiral into violent "conflict and chaos."
The comments from EU Council President Donald Tusk comes as Washington and Beijing stand on the brink of an all-out trade war many fear could hammer the global economy, while the US has also picked ... more |
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 Helsinki (AFP) July 17, 2018 
Donald Trump was fired up. When the US president set off for Europe one week ago he was bent on knocking heads with Washington's allies and finding friendship with Russia.
As he flew homewards after Monday's summit with President Vladimir Putin, the final repercussions of his diplomatic rampage were not yet clear.
"Trump's trip to Europe is the single most chaotic and destructive by an A ... more |
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 Singapore (AFP) July 10, 2018 
Lighting up will soon get tougher in Singapore, with the government planning to roll out 300 high definition thermal cameras to catch and fine illegal smokers.
The city-state already has some of the world's strictest anti-tobacco laws and smoking is banned in most public places, with errant puffers handed a fine of up to Sg$1,000 ($740) if caught. E-cigarettes are also banned outright.
A ... more |
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 Codrington, Antigua And Barbuda (AFP) July 15, 2018 
Steel drums carry a jubilant rendition of "Guantanamera" over the ruins of Barbuda's capital Codrington, as dignitaries and residents mark the latest bit of progress in the island's grueling struggle to recover from Hurricane Irma.
The event celebrated a Chinese-funded program to replace roofs ripped from more than 300 homes by the powerful storm that damaged or destroyed nearly every buildi ... more |
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