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Wasteful gas flaring starting to decline, World Bank says![]() Washington (UPI) Jul 17, 2018 Gas flaring from oil and gas operations, a source of greenhouse gas emissions, is on the decline, but reaching a goalpost remains elusive, the World Bank said. The United Nations and World Bank in 2015 endorsed a goal of zero routine flaring by 2030. The aim, which has support from 27 governments and more than two dozen oil companies, is to find ways to eliminate the burning off of the natural gas associated with oil production no later than 2030. Satellite data from a World Bank-managed ... read more |
GasBuddy: U.S. gas price stability masking some volatilityWashington (UPI) Jul 17, 2018 U.S. retail gasoline prices have remained relatively stable over the last month, though that masks some underlying volatility, analysis finds. ... more
Transocean delivers one-two rig contract punchWashington (UPI) Jul 17, 2018 Rig company Transocean said Tuesday it landed a multi-well contract for Chevron off the coast of Australia, adding support from the previous trading day. ... more
Oil prices face more pressure early TuesdayWashington (UPI) Jul 17, 2018 Oil prices tread water Tuesday ahead of the start of U.S. trading from a European-Japanese trade agreement, offsetting headwinds from supply commitments. ... more
Kurdish oil production jumps by more than 60%Washington (UPI) Jul 17, 2018 Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 percent, Norwegian energy company DNO announced Tuesday. ... more |
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| Previous Issues | Jul 17 | Jul 16 | Jul 13 | Jul 12 | Jul 11 |
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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
Strikes offshore Norway escalateWashington (UPI) Jul 16, 2018 A labor group representing offshore employers in Norway said the nation's reputation as an oil and gas producer was at stake because of strikes. ... more |
![]() Nigerian oil bandits could upend political climate
Drill more, Norway's energy regulator saysWashington DC (UPI) Jul 16, 2018 With oil output slipping from offshore Norway, a government regulator said Monday there was a strong focus on increasing exploration and production activity. ... more |
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Iraqi media: Oil-rich Basra is a 'battlefield'Washington (UPI) Jul 16, 2018 Authorities in southern Iraq are concerned about the risk to the nation's oil given the political unrest gripping Basra, Iraqi media reported Monday. ... more
Egyptian natural gas prospects improvingWashington DC (UPI) Jul 16, 2018 Africa-focused SDX Energy said Monday it achieved success at an emerging natural gas reservoir that could be in production by the fourth quarter. ... more
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
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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Carbon dioxide-to-methanol process improved by catalyst 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 |
Latin America's largest solar park turns Mexican desert green 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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Clock starts for Germany's next wind farm 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 |
Utmost Safety Ensured at Bangladesh's Nuke Plant Rooppur, Bangladesh (Sputnik) Jul 16, 2018
With the construction of the first unit of Bangladesh's nuclear power plant (NPP) at Rooppur advancing rapidly, the stage is all set for the construction of the second unit. Prime Minister Sheikh Hasina will be pouring the first concrete at the construction site of the second unit on Saturday.
The ASE Group of Companies, a unit of Russia's Rosatom State Nuclear Corporation that is managing ... more |
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A scientist's final paper looks toward Earth's future climate Greenbelt MD (SPX) Jul 18, 2018
A NASA scientist's final scientific paper, published posthumously this month, reveals new insights into one of the most complex challenges of Earth's climate: understanding and predicting future atmospheric levels of greenhouse gases and the role of the ocean and land in determining those levels.
A paper published in the Proceedings of the National Academy of Sciences was led by Piers J. S ... more |
Elon Musk's latest outburst raises doubts on leadership 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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Iraqis demand change as protests run into second week Basra, Iraq (AFP) July 16, 2018
Protests in Iraq continued into their second week Monday following days of clashes that left eight people dead, with demonstrators rallying to put social problems in the spotlight.
Months after Iraq declared victory over the Islamic State group, attention has turned from the military battle to the fight for jobs and public services.
Thousands of people rallied in fresh protests Monday in ... more |
Japan's growing plutonium stockpile fuels fears Tokyo (AFP) July 17, 2018
Japan has amassed enough plutonium to make 6,000 atomic bombs as part of a programme to fuel its nuclear plants, but concern is growing that the stockpile is vulnerable to terrorists and natural disasters.
Japan has long been the world's only non-nuclear-armed country with a programme to reprocess spent nuclear fuel from its power plants into plutonium.
On Tuesday a decades-old deal with ... more |
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Hong Kong police seek landmark ban on pro-independence party 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 |
Foiled peace bids and greedy gangs dog C. Africa 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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UK seeks to allay Brexit fears at Farnborough air show 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 |
EU urges big powers to avert trade 'conflict and chaos' 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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Tornado Trump rips diplomatic swathe across Europe 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 rolling out thermal cameras to nab illegal smokers 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 |
'Jet engine' sound, tremors send Afghan villagers fleeing deadly landslide Khenj District, Afghanistan (AFP) July 12, 2018
As the ground shook and a sound like a "jet engine" rumbled through the valley, villagers in remote northeastern Afghanistan ran for their lives, minutes before a landslide buried their homes under tonnes of mud and water.
At least 10 people were killed when the landslide struck several villages in Panjshir, a mountainous province north of Kabul, in the early hours of Thursday, destroying hu ... more |
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