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  Washington (UPI) Jul 31, 2018 Basic supply and demand dynamics, coupled with short-term market disruptions, mean U.S. retail gas prices are climbing once again, retail analysts said. Motor club AAA reported a national average retail price for Tuesday of $2.86 for a gallon of regular unleaded gasoline, up about 3 cents from last week. Jeanette Casselano, a spokeswoman for AAA, said domestic oil and gasoline inventories have declined, leading to higher prices at the pump. "As crude and gasoline inventories tighten, mot ... read more |
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Iran again vows action in the Strait of HormuzWashington (UPI) Jul 31, 2018 Economic sanctions imposed on Iran will impact maritime traffic in the Strait of Hormuz, a main oil artery, an Iranian naval commander said Tuesday. ... more 
Rig company Transocean upbeat about the futureWashington (UPI) Jul 31, 2018 After trading closed Monday, rig company Transocean posted second quarter revenues that beat analyst expectations, noting it was optimistic about the future. ... more 
BP's Dudley sees short-term support for the price of oilWashington (UPI) Jul 31, 2018 BP CEO Bob Dudley said Tuesday there were factors ranging from Iranian sanctions to a shortage of U.S. pipelines that supported higher crude oil prices. ... more 
Aker BP acquires Norwegian assets from TotalWashington (UPI) Jul 31, 2018 Aker BP spent more than $200 million to acquire Norwegian assets from a division of Total, which it said would open access to millions of barrels of oil. ... more |
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| Previous Issues | Jul 31 | Jul 30 | Jul 28 | Jul 27 | Jul 26 |
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Total makes another LNG splash with Ichthys project off AustraliaWashington (UPI) Jul 30, 2018 French supermajor Total said Monday it took another step toward LNG leadership with the start of operations at the Ichthys project off the Australian coast. ... more 
Rig company Diamond Offshore mentions 'prolonged downturn'Washington (UPI) Jul 30, 2018 Rig company Diamond Offshore on Monday became the latest energy company to report weak earnings during the second quarter, despite higher oil prices. ... more
Supply-side disruptions push oil prices higherWashington (UPI) Jul 30, 2018 Iranian pressure and supply-side concerns surfaced before the opening bell on Monday to push the price of crude oil higher, after some profit taking last week. ... more 
Kurdish oil production passes target rateWashington (UPI) Jul 30, 2018 Production from an oil field in the Kurdish north of Iraq moved beyond its original target rate with the tapping of another well, Norway's DNO said Monday. ... more 
'Enemies' destroying Iran's economy, central bank chief saysWashington (UPI) Jul 30, 2018 The head of the Iranian central bank said it was monitoring the swift devaluation of its currency, the rial, as U.S. economic pressure on the country mounts. ... more |
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 Oil States International rebounds after Hurricane Harvey 
Germany's E.ON integrates further with InnogyWashington (UPI) Jul 30, 2018 German energy company E.ON on Monday said it was further integrating its portfolio with additional shares in Innogy, a spinoff of energy group RWE. ... more  |
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Oil and gas production up, payrolls down in TexasWashington (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. ... 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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 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 |
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 Washington DC (SPX) Aug 01, 2018 
Researchers in Ireland, Switzerland, and the United Kingdom have shown how long-term weather patterns affect wind and solar renewable energy technologies across Europe. Using 30 years of meteorological data, the scientists have examined and further modelled the impact of renewable energy on the electricity sector out to the year 2030.
The work suggests that despite the unpredictable nature ... more |
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 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 |
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 Paris (SPX) Jul 27, 2018 
Framatome recently signed a teaming agreement with AW Chesterton to become the exclusive distributor of its valve packing and mechanical seals to the majority of North America's nuclear energy fleet.
This agreement expands Framatome's valve and actuator machinery solutions, as well as its fluid sealing product lines, further solidifying the company's Nuclear Parts Center (NPC) as a one-sto ... more |
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 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 |
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 San Francisco (AFP) July 30, 2018 
Uber on Monday said it is hitting the brakes on self-driving trucks, shifting gears to focus just on autonomous cars.
Uber is among a number of technology and car companies racing toward what some contend is an inevitable future in which vehicles drive themselves.
Uber's aspirations had included self-driving trucks, with the smartphone-summoned-ride service revving that effort with the p ... more |
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 Baghdad (AFP) July 31, 2018 
Human Rights Watch called on Tuesday for investigations into the "rampant" use of torture against people arrested on suspicion of belonging to the Islamic State group.
"Torture is rampant in Iraq's justice system, yet judges lack instructions for responding to torture allegations," the watchdog's deputy Middle East director, Lama Fakih, said.
"Defendants, including ISIS suspects, won't ... more |
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 Washington (AFP) July 30, 2018  Donald Trump seemed to jettison threats of impending war with Iran on Monday, saying he was willing to meet the country's leaders without precondition, a dramatic about-face by the enigmatic US president.
Barely a week after warning Iran it would suffer untold "consequences," Trump said he would meet the country's leader Hassan Rouhani "any time" and without preconditions.
"I would meet ... more |
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 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 |
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 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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 Washington (UPI) Jul 30, 2018 
Boeing and India recently completed the first flights of Apache and Chinook helicopters scheduled for delivery next year to the Indian Air Force.
India is purchasing 22 AH-64E Apache attack and 15 CH-47F Chinook transport helicopters from Boeing, with the announcement of the first flights of each a major step forward, the company said.
The acquisition is part of India's efforts t ... more |
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 Washington (AFP) Aug 1, 2018 
US President Donald Trump is now considering a 25 percent tariff on $200 billion in Chinese imports, more than the 10 percent previously touted, reports said Tuesday.
The US imposed 25 percent tariffs on $34 billion of Chinese products earlier this month, with plans to add another $16 billion of imports on Tuesday.
Trump initially threatened to levy 10 percent on an additional $200 bill ... more |
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 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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 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 |
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 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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