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  Washington (UPI) Aug 6, 2018 After a halt due to militant attacks, oil shipments through a Red Sea strait near the coast of Yemen resumed during the weekend, Saudi Aramco announced. In a statement Saturday, the Saudi Arabian Oil Co. announced oil was moving again through the Bab-el-Mandeb Strait. "The company will continue to monitor the situation and remain ready to take necessary actions in efforts to constantly ensure the safety and reliability of supply to its customers through its wide network which has the fle ... read more |
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Safety issues uncovered at North Sea fieldWashington (UPI) Aug 6, 2018 Norwegian energy major Equinor has until September to address safety issues on a facility at the Martin Linge field in the North Sea, an auditor stated Monday. ... more 
Lower market availability pushes oil prices into positive territoryWashington (UPI) Aug 6, 2018 Geopolitical and supply-side strains overshadowed trade concerns before the start of trading in the United States to push the price of oil sharply higher. ... more 
Strikes halt North Sea oil productionWashington (UPI) Aug 6, 2018 British trade union Unite on Monday waged a work stoppage on three oil platforms operated by French supermajor Total, part of semi-regular labor action. ... more 
Venezuela's Maduro, still standing after 'assassination' attemptCaracas (AFP) Aug 5, 2018 A year ago, few could see crisis-beset Venezuelan President Nicolas Maduro being re-elected for a second term. But still, he clings to power, and, denouncing an "assassination" attempt Saturday, insisted he is "more determined than ever". ... more |
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| Previous Issues | Aug 06 | Aug 03 | Aug 02 | Aug 01 | Jul 31 |
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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 
S.Sudan's Kiir vows power sharing deal with rival will holdJuba (AFP) Aug 3, 2018 South Sudanese President Salva Kiir said Friday he was committed to a power-sharing deal with his arch-rival Riek Machar, vowing it would not collapse like similar agreements had in the past. ... more |
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 Canadian Natural Resources underperforms in second quarter 
Enbridge brags about North American pipeline plansWashington (UPI) Aug 3, 2018 Canadian pipeline company Enbridge said Friday it had billions of dollars of projects slated in a North American market coping with a lack of takeaway capacity. ... more  |
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Iran conducts naval exercise in Gulf: US officialWashington (AFP) Aug 2, 2018 Iran launched a naval exercise in the Gulf on Thursday, just days before the US reimposes sanctions on Tehran, a defense official told AFP. ... more 
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 |
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 Munich, Germany (SPX) Jul 30, 2018 
Professor Arne Skerra of the Technical University of Munich (TUM) has succeeded for the first time in using gaseous CO2 as a basic material for the production of a chemical mass product in a biotechnical reaction.
The product is methionine, which is used as an essential amino acid, particularly in animal feed, on a large scale. This newly developed enzymatic process could replace its curre ... 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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 Baghdad (AFP) Aug 6, 2018 
The United Nations on Monday hailed Iraq's "credible" vote recount, which paves the way for a government to be formed nearly three months after polls.
Iraq's May 12 parliamentary elections were marred by allegations of fraud, prompting the country's supreme court to order a partial manual recount.
As an official announced the checks had concluded, the UN said it had observed the recount ... more |
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 United Nations, United States (AFP) Aug 4, 2018 
North Korea has pressed ahead with its nuclear and missile programs and continues to evade UN sanctions through increased illegal ship-to-ship transfers of oil products at sea, a UN report said Friday.
In a 62-page report sent to the Security Council, the UN panel of experts also listed violations of a ban on North Korean exports of coal, iron, seafood and other products that generate millio ... more |
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 Beijing (AFP) Aug 6, 2018  Hundreds of police patrolled the streets of Beijing's financial district Monday as Chinese authorities thwarted a planned protest against money lost in risky peer-to-peer (P2P) lending platforms and a lack of government help.
Protesters told AFP they had come from every corner of China in hopes that by gathering en masse the government would recognise their grievances and take action.
Po ... more |
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 Gao, Mali (AFP) Aug 7, 2018 
The first round of voting in Mali's presidential election gave outgoing President Ibrahim Boubacar Keita a conclusive lead over his rival - but unresolved anger and finger-pointing over the results have highlighted some of the country's divisions.
Eighteen of the 24 candidates in the election joined forces Monday to demand the resignation of the minister of territorial administration and de ... more |
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 Washington (UPI) Aug 6, 2018 
Lockheed Martin Aeronautics has received a $185.6 modification to an existing contract for C-130J Super Hercules sustainment.
The work, announced Wednesday by the Department of Defense, comes under a cost-plus-incentive-fee modification issued by the Air Force Life Cycle Management Center at Robins Air Force Base in Georgia.
Work will be performed in Marietta, Ga., and is expecte ... 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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