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Oil and gas production up, payrolls down in Texas![]() Washington (UPI) Jul 27, 2018 Oil and gas producers in Texas are doing more with less, but this has a negative side as companies need fewer workers on their payrolls, an economist said. Karr Ingham, a petroleum economist for the Texas Alliance of Energy Producers, said the pace of expansion in the Texas energy sector has been extraordinary. "What makes this one unique is the sheer amount of crude oil and natural gas produced in the state - and the growth rates in production - at lower levels of activity compared to t ... read more |
Weatherford says second quarter loss due to seasonal trendsWashington (UPI) Jul 27, 2018 The head of oil and gas field services company Weatherford said Friday the company would have to take a challenge of a second quarter miss head on. ... more
Price of oil unfazed by strong U.S. GDP figuresWashington (UPI) Jul 27, 2018 Crude oil prices ahead of the start of U.S. trading on Friday were unmoved by strong GDP figures as market watchers wait for the next shoe to drop. ... more
Russia: Iranian sanctions already factored into oil pricesWashington (UPI) Jul 27, 2018 Russian Energy Minister Alexander Novak said Friday the market has probably taken into account the potential loss of Iranian oil by November already. ... more
Exxon Mobil shares slump again on disappointing resultsNew York (AFP) July 27, 2018 US oil giant Exxon Mobil reported another round of disappointing results on Friday, sending shares sharply lower at it moved to address rising criticism of its communications and operations. ... more |
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| Previous Issues | Jul 28 | Jul 27 | Jul 26 | Jul 25 | Jul 24 |
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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
War-ravaged South Sudan at a glanceJuba (AFP) July 25, 2018 South Sudan, the world's youngest country, has been mired in a devastating civil war for more than four years, with tens of thousands of people killed, nearly four million displaced and its economy in ruins. ... more
Gazprom pipeline to China nearly completedWashington (UPI) Jul 25, 2018 Russian natural gas company Gazprom said Wednesday that just over 90 percent of its Power of Siberia gas pipeline to China is completed. ... more
Oil prices move higher on U.S. supply drainWashington (UPI) Jul 25, 2018 Crude oil prices were edging higher before the start of U.S. trading on Wednesday on data showing a drain in supplies, though trade issues could mute the rally. ... more |
![]() Tullow Oil slightly raises production guidance
British shale driller facing continued protestsWashington (UPI) Jul 25, 2018 Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy. ... more |
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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 |
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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 |
SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant Paris, France (SPX) Jul 24, 2018
Framatome has successfully performed a complete visual inspection of the tube bundle top structure of a steam generator in the Spanish nuclear power plant at Asco Unit 2.
Framatome's team used the well-proven underwater inspection submarine system SUSI. This small, remote-controlled submarine navigates the primary circuit as well as the steam generator's secondary side of nuclear power pla ... 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 |
EU carmakers 'inflating' emissions to skew carbon targets Frankfurt Am Main (AFP) July 25, 2018
The European Commission on Wednesday said EU-based carmakers are artificially inflating carbon dioxide emissions data under a new testing regime to distort future greenhouse gas targets, but manufacturers denied any trickery.
Authorities are currently switching over from an older emissions testing procedure known as NEDC to a new, globally-agreed one called WLTP.
During the changeover, ... more |
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New wave of protests sweeps Iraqi cities Baghdad, Iraq (AFP) July 27, 2018 Thousands of people took to the streets of Baghdad and cities across southern Iraq on Friday in the latest protests against corruption, social ills and political leadership.
Surrounded by a cordon of anti-riot personnel equipped with electric batons, protestors in Baghdad's Tahrir Square accused leaders of being "thieves" and "corrupt", AFP journalists said.
Several hundred people sh ... 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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Historic Chinese town resists eviction for theme park Chikan, China (AFP) July 25, 2018 A year ago, customers queued round the block for Wu Ying's red bean and coconut ice puddings, but now the 60-year-old has to vault a barricade to reach her dessert shop.
Wu is one of several dozen inhabitants of a historic section of the town of Chikan in southern China who are stubbornly holding out against government pressure to sell their properties to make way for a "heritage" theme park ... more |
Uganda jails 35 Congolese for illegal fishing Kampala (AFP) July 28, 2018
Uganda said Saturday it had sentenced 35 people from neighbouring Democratic Republic of the Congo for up to three years for illegal fishing.
"We got 35 Congolese nationals. Thirty-one of them pleaded guilty and were convicted and sentenced to two years in prison for illegal fishing and entry into Uganda in June," said Deogratius Kato, a fisheries protection officer on Lake Albert, which is ... more |
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Conti receives contract for hardened aircraft shelters for Israel Washington (UPI) Jul 26, 2018
Conti Federal Services has received a $69.4 million contract to build hardened aircraft shelters in Israel.
The award, announced Wednesday by the Department of Defense, comes under a firm-fixed-price foreign military sales contract, with Conti selected from three bidders.
Hardened shelters are meant to protect critical aircraft and personnel from air strikes, cruise missiles and ... more |
Trump set for tense trade talks with EU's Juncker Washington (AFP) July 25, 2018
US President Donald Trump hosts European Commission chief Jean-Claude Juncker on Wednesday for what is set to be a tense face-to-face, with efforts to resolve a festering trade dispute between the two key economies seemingly deadlocked.
Speaking ahead of the White House talks, Juncker admitted he was "not very optimistic," while Trump kicked off the day with a combative series of tweets vowi ... more |
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Pentagon chief: talks with Russian counterpart possible Washington (AFP) July 27, 2018
Pentagon chief Jim Mattis said Friday that he was considering a meeting with Russian Defense Minister Sergei Shoigu, as the leaders of their countries mull possible new talks.
"I am considering meeting with my counterpart but there has been no decision," Mattis told journalists at the Pentagon.
"I'm all for re-opening communications," he added. "It's most important that we talk with thos ... more |
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Hamburg Ironman swimmers sunk by algae Berlin (AFP) July 27, 2018 Organisers have been forced to scrap the swimming leg of the Hamburg Ironman this Sunday due to high levels of algae in the city's Alster river caused by the current heatwave.
The condition of the water has been deemed "potentially harmful to health", so the swimming has been replaced by a six-kilometre (3.7mile) run.
"In order to protect all athletes, there will be a 6km run instead of ... more |
That's cold: Japan tech blasts snoozing workers with AC Tokyo (AFP) July 26, 2018
Japanese office workers hoping to nod off on the job may need to sleep with one eye open thanks to a new system that can detect snoozers and blast them with cold air.
Air conditioning manufacturer Daikin and electronics giant NEC said Thursday they have begun trialling the system, which monitors the movement of the employee's eyelids with a camera attached to a computer.
The computer can ... more |
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