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  Washington (UPI) Aug 3, 2018 Two-year highs for oil production from Saudi Arabia and other OPEC producers more than offset declines from Iran, Libya and Venezuela, Platts reported Friday. According to data and sentiment gathered from analysts, industry officials and shipping data, S&P Global Platts determined members of the Organization of Petroleum Exporting Countries combined for an average of 32.66 million barrels of oil per day last month, an increase of 1 percent from June. Saudi Arabia, the largest producer in ... read more |
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Oil prices mixed after inventory-fueled spikeWashington (UPI) Aug 3, 2018 A mixed U.S. jobs report and data showing total OPEC production was offsetting supply-side strains and left the price of oil searching for direction early Friday. ... more 
Turkey to reopen Mosul consulate, 4 years after IS seizure: ErdoganAnkara (AFP) Aug 3, 2018 Turkey is again to open a consulate in the northern Iraqi city of Mosul, four years after it was seized and its employees held hostage by Islamic State jihadists, President Recep Tayyip Erdogan said Friday. ... more 
Maduro says he escaped drone 'assassination' attempt, blames ColombiaCaracas (AFP) Aug 5, 2018 Venezuelan President Nicolas Maduro said Saturday he escaped an "assassination" attempt using an explosive-laden drone, after a live broadcast showed him looking confused when a bang went off during a Caracas military parade and dozens of soldiers scuttling for safety. ... more 
US regulators close investigation into Exxon Mobil climate disclosuresNew York (AFP) Aug 3, 2018 US regulators have ended a two-year investigation into how Exxon Mobil accounted for oil and gas prices and the risks climate change posed to its business, the company said Friday. ... more |
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| Previous Issues | Aug 03 | Aug 02 | Aug 01 | Jul 31 | Jul 30 |
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TransCanada boasts of gains in earnings per shareWashington (UPI) Aug 1, 2018 After unloading wind energy assets, Canadian energy company TransCanada said second quarter growth was supported by U.S. tax reforms and legacy assets. ... more 
Rig company Nabors pegs success to U.S. shaleWashington (UPI) Aug 1, 2018 The largest land driller in the world, Nabors Industries reported a loss for the second quarter on the back of a decline in rig counts in North America. ... more 
Russia cites trade wars as a negative factor for oil pricesWashington (UPI) Aug 1, 2018 A report from the Russian Ministry of Energy attributed a recent slump in the price of crude oil to growing concerns about the impact of global trade disputes. ... more 
AAA: Consumer demand could drive gas prices higherWashington (UPI) Aug 1, 2018 Motor club AAA warned that consumer gasoline prices in the United States could be on the rise given signs in government data of robust demand. ... more 
OMV raises forecast for Brent crude oilWashington (UPI) Aug 1, 2018 Austrian energy company OMV raised its 2018 forecast for the price of oil by almost 6 percent, but cited a second half average lower than its prediction. ... more |
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 Report highlights short-term strains on oil supplies 
Drilling contract for offshore Canada starts in the fourth quarterWashington (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. ... more  |
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Oil prices drift lower on trade concernsWashington (UPI) Aug 1, 2018 Crude oil prices continued their drift modestly lower ahead of the start of U.S. trading on Thursday amid trade issues, while geopolitical tensions simmered. ... more 
Iraqi oil exports stable near record highWashington (UPI) Aug 1, 2018 The Iraqi Oil Ministry reported total crude oil exports for July at around 3.5 million barrels per day, relatively unchanged from June. ... more
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 
Though oil is on the line, Iran not buying U.S. PR stuntsWashington (UPI) Aug 1, 2018 As Iranian oil concerns threaten a tight market, Iran's foreign minister said that Tehran wasn't falling for public relations stunts from 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 |
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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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 Fukushima Daiichi Nuclear Power Plant, Japan (AFP) Aug 3, 2018 
Call it an extreme makeover: In Japan's Fukushima, officials are attempting what might seem impossible, an image overhaul at the site of the worst nuclear meltdown in decades.
At the Fukushima Daiichi nuclear plant, there's a flashy new administrative building, debris has been moved and covered, and officials tout the "light" radioactive security measures now possible.
"You see people mo ... more |
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 Bristol UK (SPX) Aug 06, 2018 
A new study led by scientists at the University of Bristol has warned that unless we mitigate current levels of carbon dioxide emissions, Western Europe and New Zealand could revert to the hot tropical climate of the early Paleogene period - 56-48 million years ago.
As seen from the ongoing heat wave, the knock-on effects of such extreme warmth include arid land and fires as well as impact ... more |
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 San Francisco (AFP) Aug 2, 2018  Tesla shares revved on Wednesday on news the electric car maker is on the road to being profitable this year despite losing more money than analysts expected in the recently ended quarter.
Tesla shares raced up more than 9 percent to $328.99 in after-market trades that followed release of earnings figures and a call in which chief executive Elon Musk patiently fielded questions and expressed ... more |
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 Kirkuk, Iraq (AFP) Aug 3, 2018 
From black-and-white musicals to action movies, Abdel Qader al-Ayoubi screens films and exhibits paraphernalia of the art form in his basement in the Iraqi city of Kirkuk, a cinema-free zone.
Ayoubi has scoured the country to collect 8 mm, 16 mm and 35-mm reels of old films, projectors, screens and archive materials from second-hand dealers, sometimes at exorbitant prices.
Back in the 19 ... 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) Aug 3, 2018 
An excavator shattered the windows of Ai Weiwei's largest studio while workers hustled away his art on Friday, preparing to demolish the old Beijing factory three years after the artist and government critic left China.
As dusk descended on the old car parts factory on the outskirts of the capital, shirtless, sweating labourers packed large wooden crates filled with artworks onto a truck be ... more |
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 Beijing (AFP) Aug 3, 2018 
China on Friday urged all sides in Zimbabwe to respect the result of the presidential election which was won by a long-time Beijing ally but contested as "fake" by the opposition.
President Emmerson Mnangagwa, who took power after veteran leader Robert Mugabe was ousted late last year, was declared the winner on Friday with 50.8 percent of the vote.
The narrow margin is just enough to av ... more |
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 Washington (UPI) Aug 1, 2018 
Boeing has received a $186.2 million order against a five-year contract with one five-year option for F/A-18 aircraft spare parts.
Work on the contract, announced Wednesday by the Department of Defense, will be performed in Missouri and is expected be completed by June 28, 2024. The order will be provided for by fiscal 2018 through 2024 Navy working capital funds.
The F/A-18 seri ... more |
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 New York (AFP) Aug 5, 2018 
Silicon Valley giants have become a gargantuan force on Wall Street, as demonstrated by Apple recently topping $1 trillion in stock-market valuation.
But should we fear that a new tech bubble is ready to burst?
Here are some questions and answers about the sector:
- What does the tech sector represent on Wall Street? -
Apple ended the formal trading week worth a history-making ... more |
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 Paris (AFP) Aug 5, 2018 
Ten years ago, in August 2008, Russia and Georgia went to war over South Ossetia, a small separatist Georgian region which Moscow would later controversially recognise as independent, in the face of international criticism.
Here is a recap of the five-day war in South Ossetia, a territory of 50,000 people which remains one of several sticking points in Russia's ties with the West.
- Buil ... more |
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 Santiago (AFP) Aug 3, 2018 
Chile made history on Friday when it became the first country in South America to ban the commercial use of plastic bags.
"I want to share with you the joy that as of today we're enacting the law," said President Sebastian Pinera at a public ceremony in the centre of Santiago, after which he handed out cloth bags to passers-by.
Large businesses have six months to phase out the use of pla ... more |
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 Jeddah, Saudi Arabia (AFP) Aug 5, 2018 
Fuelled by caffeine, pizza and adrenaline, sleep-deprived programmers in a marathon Saudi contest this week explored high-tech solutions to prevent a repeat of past calamities in the annual hajj pilgrimage.
In a cavernous hall in the Red Sea city of Jeddah, thousands of software professionals and students competed in the kingdom's first-ever hackathon, a coding festival ahead of the world's ... more |
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