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  Washington (UPI) Aug 1, 2018 A contract for a drilling rig designated for the waters off the eastern coast of Canada is scheduled to begin in the fourth quarter, Transocean said Wednesday. Transocean said it secured a one-year contract extension with Husky Oil to lease its harsh-environment Henry Goodrich rig for $100 million. "The contract is expected to commence in the fourth quarter of 2018," Transocean stated. Transocean's announcement came less than a week after Dwight Ball, the provincial leader of Newf ... read more |
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Oil prices drop on reports of U.S. inventory buildWashington (UPI) Aug 1, 2018 Crude oil prices turned sharply lower ahead of the start of trading Wednesday in New York after a surprise build in crude oil inventories in the United States. ... more 
Seoul deploys warship to Libya after S. Korean, Filipinos kidnappedSeoul (AFP) Aug 2, 2018 Seoul said Thursday it had deployed a warship to Libya in an apparent show of force to secure the release of a South Korean national kidnapped along with three Filipinos in the North African country. ... more 
Eni gets nod for major oil development offshore MexicoWashington (UPI) Aug 1, 2018 The outcome from a potential $1.9 billion commitment to offshore Mexico could realize 90,000 barrels of oil per day from 2021, Italian energy company Eni said. ... more 
Enterprise Product Partners lauds new pipeline growthWashington (UPI) Aug 1, 2018 Gross operating margins for crude oil products declined, though U.S. pipeline company Enterprise Products Partners said new projects were under construction. ... more |
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| Previous Issues | Aug 01 | Jul 31 | Jul 30 | Jul 28 | Jul 27 |
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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 
Venezuela's Maduro will fall, says Colombia's SantosBogota (AFP) July 31, 2018 Nicolas Maduro's days as president of crisis-ravaged Venezuela are numbered, his outgoing Colombian counterpart Juan Manuel Santos told AFP. ... more 
Iraq has spent more than $700 bn oil wealth since 2005Baghdad (AFP) July 31, 2018 Iraq has raised more than $700 billion from oil since 2005, but almost the entire amount has been spent, the central bank announced Tuesday. ... more 
Venezuela is the clear global leader in oil reservesWashington (UPI) Jul 31, 2018 An annual review of energy trends from Italian energy company Eni found the United States is a "game changer," though its Venezuela with the largest reserves. ... more 
San Juan: The Venezuelan city where nothing works anymoreSan Juan De Los Morros, Venezuela (AFP) Aug 1, 2018 Power blackouts are daily fare, running water comes only once a month, cash machines are empty and waiting for a bus can take hours. Welcome to San Juan de los Morros in Venezuela, where nothing works. ... more |
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 Total makes another LNG splash with Ichthys project off Australia 
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  |
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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 
Oil States International rebounds after Hurricane HarveyWashington (UPI) Jul 30, 2018 One of the U.S. energy companies hit financially by Hurricane Harvey last year, Oil States International reported hefty profits for the second quarter. ... more 
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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 Zurich, Switzerland (SPX) Aug 02, 2018 
Our world is drowning in a flood of plastic. Eight million tons of plastic end up in the oceans every year. Agricultural soils are also threatened by plastic pollution. Farmers around the world apply enormous amounts of polyethylene (PE) mulch films onto soils to combat weeds, increase soil temperature and keep the soil moist, thereby increasing overall crop yields.
After harvest, it often ... 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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 Al-Attassiya, Iraq (AFP) July 30, 2018 
Iraqi farmer Sayyed Sattar knows he'll soon have to let some of his buffalo go as he surveys the herd bathing in a dwindling pond close to the holy city of Najaf.
As southern Iraq suffers through a punishing drought, desperate cattle breeders are having to sell off animals to keep others alive.
Sattar, 52, has already seen some of his buffalo die of thirst.
Now, in a bid to stop any ... 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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 Washington (AFP) Aug 1, 2018 
US investigators are probing claims AstraZeneca and other medical giants that worked with the Iraqi government between 2005 and 2009 provided drugs and supplies that would go on to be used to fund terror attacks.
In a filing with US regulators last week, AstraZeneca said it had received a Department of Justice inquiry "in connection with an anti-corruption investigation relating to activitie ... more |
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 Sydney, Australia (SPX) Aug 02, 2018 
Media reports of ongoing weapons production in North Korea have circulated extensively in recent weeks. Despite peace overtures, North Korea continues to manufacture fissile material that seems destined for nuclear warheads, and also seems to be stepping up production of its missiles in a new building at a missile manufacturing site.
The immediate conclusions are obvious. North Korea is bo ... more |
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 Beijing (AFP) July 31, 2018 
Britain's new foreign minister Jeremy Hunt met Chinese human rights figures while in Beijing on his first major international trip, the wife of a detained lawyer said Tuesday.
Visiting leaders often shun meetings with activists or their relatives during trips to China - a decision which critics say is motivated by fear that scolding Beijing could harm trade prospects.
Li Wenzu wrote on ... more |
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 Moscow (AFP) Aug 1, 2018  The Russian "Wagner Group" has once again been forced into the spotlight after the deaths in central Africa of three Russian journalists who were apparently investigating the activities of the private army there.
Wagner has been active in conflicts in Syria and Ukraine, and has sent mercenaries to the Central African Republic and Sudan, according to Western and independent Russian media repo ... more |
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 Washington (UPI) Aug 1, 2018  Lockheed Martin has received a $171.7 million modification to an existing contract to support redesign of the air system on Lot 11 F-35 Lightning II aircraft.
The modification, announced Tuesday by the Department of Defense, allows for the procurement of diminishing manufacturing sources redesign activities in support of the F-35 Lightning II air system.
Work will be performed in ... more |
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 Frankfurt Am Main (AFP) Aug 1, 2018 
German machine tool manufacturer Leifeld on Wednesday said Chinese investors had dropped their bid to purchase the strategic company to avoid a veto from the German government.
"I can confirm that the interested party has withdraw its request for clearance from the economy ministry," a Leifeld spokeswoman told AFP, confirming media reports.
The move came just hours before the German gove ... more |
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 Vaziani, Georgia (AFP) Aug 1, 2018 
Georgia on Wednesday launched large-scale joint military exercises with NATO forces on the tenth anniversary of its war with Russia, which strongly opposes Tbilisi's NATO membership bid.
Georgia's Defence Minister Levan Izoria said the two-week drills are "yet another proof of the growing support which Georgia has from its strategic partners, NATO's member states."
More than 3,000 troo ... more |
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 Tampa (AFP) Aug 1, 2018 
Need another reason to hate plastics piling up in the environment?
A study in the journal PLOS ONE on Wednesday found that degrading plastics emit powerful greenhouse gases like methane and ethylene, and are a previously unaccounted-for source of these heat-trapping pollutants.
Plastic water bottles, shopping bags, industrial plastics and food containers were all tested as part of the st ... 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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