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Total's position boosted by position in LNG![]() Washington (UPI) Jul 27, 2018 French supermajor Total said Thursday its net production was up nearly 10 percent from last year, driven in part by gains in liquefied natural gas. Total was among the first of the supermajors to release results from the second quarter. Compared with the same period last year, the company's $3.6 billion in adjusted net income was up 44 percent. Chairman and CEO Patrick Pouyanné said a realized average price for oil at $74 per barrel during the second quarter supported growth. "In ... read more |
Shell announces multi-billion dollar share buyback programWashington (UPI) Jul 26, 2018 With debt obligations easing, Royal Dutch Shell said Thursday it was making progress through divestments and announced a $25 billion share buyback program. ... more
Crude oil prices flat despite easing trade tensionsWashington (UPI) Jul 26, 2018 Crude oil prices were relatively unchanged Thursday ahead of the start of U.S. trading on concerns that easing trade and supply tensions may be fading. ... more
Equinor moves rig to Norwegian field slated for 2019 startupWashington (UPI) Jul 26, 2018 The Norwegian government gave Equinor consent to start production drilling in an oil field in the Norwegian Sea set for a production start next year. ... more
Russian gas needed in Europe, Wintershall saysWashington (UPI) Jul 25, 2018 The European natural gas market needs diversity and Russian supplies are an important component of the mix, German energy company Wintershall said. ... more |
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| Previous Issues | Jul 26 | Jul 25 | Jul 24 | Jul 23 | Jul 20 |
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Hess Corp. upbeat on productionWashington (UPI) Jul 25, 2018 Even after selling off its stake in a U.S. shale basin, Hess Corp. said Wednesday its full-year production guidance for the year was unchanged. ... more
Continental Resources production below guidanceWashington (UPI) Jul 25, 2018 U.S. shale player Continental Resources reported weather-related issues for production in the second quarter, but hinted at strong second-half gains. ... more
U.S. gas prices moving lower, but could still be volatileWashington (UPI) Jul 24, 2018 Retail gasoline prices in the United States are showing signs of a steady decrease, but remain vulnerable to geopolitical tensions, analysts said. ... more
Oil prices caught between economic, security risksWashington (UPI) Jul 24, 2018 Crude oil prices were in mixed territory ahead of the start of U.S. trading on Tuesday as Middle East tensions balanced against global trade risks. ... more
OMV unfazed by U.S. pressure on Nord Stream pipelineWashington (UPI) Jul 24, 2018 Austrian energy company OMV said more pipelines are needed in Europe, including the Nord Stream 2 network, as the region faces declines in domestic production. ... more |
![]() Venezuela facing "profound" economic crisis
Iraqi oil exports increase despite protestsWashington (UPI) Jul 24, 2018 Iraqi oil exports for June, the last full month for which data are available, were slightly higher than the month before on average, the government reported ... more |
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Surveys begin at potential Australian oil and gas giantWashington (UPI) Jul 24, 2018 Australian energy company Melbana said surveys have started in the Beehive prospect, one of the largest undrilled prospects in the country. ... more
Qatar, US plan 'expansion' of Al-Udeid airbaseDoha (AFP) July 24, 2018 The US and Qatar plan to expand Al-Udeid airbase, the biggest military facility used by Washington in the Gulf as it battles jihadists, Qatari state media said Tuesday. ... more
Work stoppage begins at Total platformsWashington (UPI) Jul 23, 2018 An offshore union said Monday that production at three North Sea platforms operated by Total was shut down as a result of a labor strike. ... more
Gunmen storm Iraq Kurdish governor's office, killing oneArbil, Iraq (AFP) July 23, 2018 Three teenage gunmen on Monday stormed the governor's headquarters in Arbil, the capital of Iraqi Kurdistan, opening fire and killing one employee before being shot dead, officials said. ... more
Offshore Guyana oil and gas potential is "massive"Washington (UPI) Jul 23, 2018 The size of a reservoir off the coast of Guyana is "massive," the CEO of Hess Corp. said Monday after a multi-million barrel revision to reserve estimates. ... more |
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Team shatters theoretical limit on bio-hydrogen production Lincoln NB (SPX) Jul 27, 2018
In 1977, researcher Rudolf Thauer proposed a theoretical ceiling on the amount of hydrogen that bacteria could produce via fermentation, the sugar-converting process also responsible for yogurt, beer and cheese.
Propelled by a genetic engineering technique that presents bacteria with a simple choice - adapt or die - research from the University of Nebraska-Lincoln just punched through that ... more |
NRL increases UAV endurance with Solar Soaring technology Washington DC (SPX) Jul 26, 2018
Researchers at the U.S. Naval Research Laboratory are developing technology for unmanned aerial vehicles that has given them the ability to fly for more than 12 hours by harvesting energy from the atmosphere and the sun.
Solar-Soaring is a pair of endurance enhancer technologies. They aid the warfighter by enabling a UAV to fly longer without carrying extra weight in batteries.
"One ... more |
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Searching for wind for the future Thuwal, Saudi Arabia (SPX) Jul 19, 2018
Using outputs from a high-resolution regional climate model, KAUST researchers have confirmed the potential for wind as a significant energy resource across the Arabian Peninsula. This is an important first step in developing a strategy for Saudi Arabia's wind energy sector.
As part of an ongoing collaboration with the University of Notre Dame in the United States, Marc Genton's research g ... more |
First Ukraine nuclear reactor loaded 'solely' with non-Russian fuel South Ukraine Nuclear Power Plant, Ukraine (AFP) July 19, 2018
Ukrainian authorities said on Thursday that the first unit of a nuclear power plant was fully loaded with fuel from Westinghouse Electric Co as Kiev seeks to break its dependence on Russian energy supplies.
Ukraine's nuclear energy monopoly Energoatom said that a third unit of the South Ukraine Nuclear Power Plant near the town of Yuzhnoukrainsk had become "the first power generation unit op ... more |
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Sri Lanka waives debt for 200,000 women in drought areas Colombo (AFP) July 25, 2018
Sri Lanka announced Wednesday it would waive debts for 200,000 women unable to repay microfinance loans and cap lending rates after a number of borrowers in drought-hit areas killed themselves.
Government spokesman Rajitha Senaratne said women in a dozen districts who had taken small loans from microfinance institutions would have their debts forgiven and interest paid off with immediate eff ... more |
Uber resumes testing for autonomous cars in 'manual mode' San Francisco (AFP) July 24, 2018
Uber said Tuesday it was taking the first step toward restarting its autonomous ridesharing program, putting its self-driving cars back on the road in "manual mode," with a driver at the wheel at all times.
The ridesharing giant said its specially equipped vehicles would be back in service for the first time since it suspended tests following a fatal accident in Arizona.
"We're starting ... more |
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Iraq street satirists peddle culture change Kut, Iraq (AFP) July 27, 2018
On a strip of pavement in the southern Iraqi city of Kut, a gaggle of amateur comedians pulls in the crowds every Friday - drawing chuckles, smiles and knowing nods.
With a rich repertoire of skits, Khaled al-Atbi and his peers poke fun at politicians more interested in lining their pockets than rebuilding a country devastated by decades of war.
"Theatre is a message," said the 42-year- ... more |
North Korea's Dismantlement of Satellite Launching Station Can be Reversed Moscow (Sputnik) Jul 26, 2018
Despite recent reports showing North Korea's initiative to dismantle its Sohae Satellite Launching Station, US intelligence sources have indicated that all efforts put forth could be reversed.
Satellite imagery first published by outlet 38 North on Tuesday showed a rail-mounted processing building, where space launch vehicles are assembled, being dismantled, as its roof and supporting stru ... more |
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Tibet bans religious activities for students Beijing (AFP) July 24, 2018
Students in Tibet have been banned from taking part in religious activities over the summer holidays, Chinese state media reported Tuesday.
The ban will fall hard on Tibet's large Buddhist community, already under pressure as Chinese President Xi Jinping tightens controls over religious observance.
The school regulations apply to all "underage students" in Tibet, the state-run Global Tim ... more |
China to invest $14 bn in S.Africa Pretoria (AFP) July 24, 2018
South African President Cyril Ramaphosa on Tuesday announced that China would invest $14 billion in the country after he held talks with President Xi Jinping in Pretoria on the eve of a multilateral summit.
Ramaphosa came to power in February pledging to revive the economy and attract investors after Jacob Zuma was ousted from office at the end of a nine-year reign dominated by graft scandal ... more |
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Two pilots killed in Vietnam military plane crash Hanoi (AFP) July 26, 2018
Two pilots were killed in Vietnam Thursday when their training jet crashed into thick jungle in heavy rains, police told AFP from the central mountainous region where the accident occurred.
The pilots were on a training drill when their aircraft crashed around midday in Nghe An province, a local police officer told AFP.
"The two pilots were killed," the officer said, refusing to be nam ... more |
BRICS emerging economies meet as US trade war looms Johannesburg (AFP) July 25, 2018
Leaders of the BRICS emerging economies - Brazil, Russia, India, China and South Africa - will gather in Johannesburg on Wednesday for a three-day meeting focused on the threat of a US-led global trade war.
US President Donald Trump's hardening stance has compounded fears of an all-out trade war after he slapped levies on goods from China worth tens of billions of dollars and imposed tarif ... more |
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BRICS nations pledge unity against US trade war threat Johannesburg (AFP) July 26, 2018
Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism.
The heads of the so-called BRICS - Brazil, Russia, India, China and South Africa - met for an annual summit dominated by the risk of a global US-led trade war, although leaders did not publicly mention President ... more |
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China steps up controls on maritime emissions Washington (UPI) Jul 24, 2018
China's decision to regulate maritime fuels could have a significant impact on international efforts to lower emissions from shipping, analysis finds.
Following its so-called Blue Sky initiative, the Chinese Ministry of Transport announced extensions to emission control areas along the coastline. Yujiao Lei, a regional consultant for Wood Mackenzie, said in an emailed report the latest ... more |
Empathetic, calm dogs try to rescue owners in distress, study finds Washington (UPI) Jul 24, 2018
Behavioral experiments suggest dogs are prosocial and empathetic, and some dogs will help owners in distress.
To better understand how dogs relate and react to humans in distress, scientists observed the responses of dogs to different stimuli and scenarios. In one scenario, researchers had dog owners either make cries of distress or hum while sitting in a chair behind a transparent door ... more |
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