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Iran proposes extraordinary OPEC meeting![]() Washington (UPI) Aug 08, 2018 Iran's oil minister on Wednesday sent a letter to the OPEC secretary-general to raise concern about member states violating the terms of a production agreement. Without referencing a specific country, Oil Minister Bijan Zangeneh said he was frustrated that some parties to a multilateral agreement to keep supplies in check with expected demand through production controls were skirting their obligations. The latest survey from S&P Global Platts found five members of the Organization of Pet ... read more |
Iraq caught in crossfire of US sanctions on IranBaghdad (AFP) Aug 8, 2018 Caught in the crossfire between its key allies Tehran and Washington, Iraq's economy could suffer the heaviest collateral damage from the US reimposing sanctions against Iran. ... more
Niger looks to capitalize on oil wealthWashington (UPI) Aug 08, 2018 The government of Niger said Wednesday it's eager to capitalize on the potential launch of new crude oil production as soon as possible. ... more
Trade tensions catch up to oil pricesWashington (UPI) Aug 08, 2018 New trade measures imposed by the U.S. government and a build in U.S. gasoline supplies helped pull the price of oil lower before markets opened Wednesday. ... more
No luck for Shell in pioneer effort offshore NorwayWashington (UPI) Aug 08, 2018 A division of Shell came up empty-handed when drilling into a frontier prospect in the Norwegian Sea, a national petroleum regulator announced Wednesday. ... more |
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| Previous Issues | Aug 08 | Aug 07 | Aug 06 | Aug 03 | Aug 02 |
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Iran expects non-U.S. support for nuclear dealWashington (UPI) Aug 7, 2018 A position taken by parties to the Iranian nuclear deal shows there's interest in keeping oil exports flowing and banking channels open, Iran's president said. ... more
Cuban oil estimate revised higherWashington (UPI) Aug 7, 2018 Melbana Energy, one of the few Western companies with an established footprint in Cuba, said its best estimate of reserves there improved more than 10 percent. ... more
There's a lack of clarity on direction for U.S. gas pricesWashington (UPI) Aug 7, 2018 With competing factors tugging on the price of oil, and subsequently retail gas prices, analysts were mixed on direction for U.S. consumers. ... more
Iran, US trade barbs ahead of renewed sanctions on TehranTehran (AFP) Aug 7, 2018 The first salvo of sweeping US sanctions against Iran will be reimposed later Tuesday as the two countries traded fresh accusations and Tehran dismissed Donald Trump's offer of talks on a new nuclear deal. ... more
Sanchez Energy seeking outside adviceWashington (UPI) Aug 7, 2018 While its production increased from last year, U.S. shale player Sanchez Energy said Tuesday it was looking for outside advice to improve its performance. ... more |
![]() Fears of deja vu as South Sudan gives peace another chance
Saudi oil shipments moving near Yemen againWashington (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. ... 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
CORRECTED: Venezuela 'attack' brings denials from US, Colombia; support from alliesParis (AFP) Aug 6, 2018 Venezuelan President Nicolas Maduro has pointed the finger at Colombia following the alleged assassination attempt on him during a military parade in Caracas at the weekend. ... more |
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Forests crucial for limiting climate change Exeter UK (SPX) Aug 08, 2018
Trying to tackle climate change by replacing forests with crops for bioenergy power stations that capture carbon dioxide (CO2) could instead increase the amount of CO2 in the atmosphere, scientists say.
Biomass Energy with Carbon Capture and Storage (BECCS) power stations are designed to produce energy and store the resulting carbon dioxide (CO2) in bedrock deep underground.
But a st ... more |
Insight into loss processes in perovskite solar cells enables efficiency improvements Berlin, Germany (SPX) Aug 07, 2018 |
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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 |
Extreme makeover: Fukushima nuclear plant tries image overhaul 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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Earth at risk of heading towards 'hothouse Earth' state Stockholm, Sweden (SPX) Aug 09, 2018
Keeping global warming to within 1.5-2C may be more difficult than previously assessed, according to researchers.
An international team of scientists has published a study in Proceedings of the National Academy of Sciences (PNAS) showing that even if the carbon emission reductions called for in the Paris Agreement are met, there is a risk of Earth entering what the scientists call "Hothous ... more |
Tesla says on track for profit despite bigger 2Q loss 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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Removal of roadblocks in Iraq's capital oils traffic and trade Baghdad (AFP) Aug 8, 2018
Suha Abdelhamid's life has dramatically improved over the past two months - thanks to the removal of fortified roadblocks that had made her daily commute in Iraq's capital a misery.
Like people across Baghdad, the young dentist finds a certain joy in rediscovering streets that were previously behind a tortuously slow slalom of concrete barriers and checkpoints.
"Before, I never thought ... more |
Iran slams 'psychological warfare' as US to reimpose sanctions Tehran (AFP) Aug 6, 2018 Iran's President Hassan Rouhani said Monday that Washington's call for new nuclear negotiations at the same time as it reimposes crippling sanctions "doesn't make sense" and is an attempt at "psychological warfare".
"If you're an enemy and you stab the other person with a knife and then you say you want negotiations, then the first thing you have to do is remove the knife," he said in an int ... more |
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China deploys huge police force to prevent fraud protest 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 |
Three Congo soldiers walk free after 'mass murder' convictions Libreville (AFP) Aug 7, 2018 A court in the Republic of Congo jailed three soldiers for three years for "mass murder" during a peacekeeping mission to the Central African Republic, but the convicts have been freed, Human Rights Watch said Tuesday.
"The sentences deny justice to the victims, who included women and children," the New York-based NGO said in a statement, protesting that the jail terms "do not reflect the gr ... more |
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Lockheed contracted for C-130J long-term sustainment 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 |
Are tech titans teetering atop the market? 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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Post-Brexit Britain's military will remain 'tier one,' minister says Washington (AFP) Aug 7, 2018
British Defense Secretary Gavin Williamson insisted Tuesday that Britain's military will not be diminished after it leaves the European Union next year.
"Britain leaving the European Union has no impact in terms of the security and defense of Europe," Williamson said in a speech at the Atlantic Council in Washington.
"Britain is a major global actor. We have always been a tier one milit ... more |
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Clothing, furniture also to blame for ocean and freshwater pollution Olso, Norway (SPX) Aug 07, 2018
Think summer holidays and you'll likely call up images of a beautiful beach or a glittering blue lake. But more and more lakes, rivers and coastal areas are plagued by an oversupply of nutrients that causes algae to grow at an explosive rate, which can eventually lead to water bodies that can't support aquatic life.
Scientists call this type of water pollution eutrophication, and it is an ... more |
Disaster relief: How can AI improve humanitarian assistance? Arlington VA (SPX) Aug 09, 2018
The unique topic of artificial intelligence (AI) for humanitarian assistance and disaster relief (HA/DR) was in the spotlight last week, as leading minds from academia, industry and the federal government met to discuss how modern technology can help victims of disasters around the globe.
The Artificial Intelligence and Autonomy for Humanitarian Assistance and Disaster Relief Workshop - co ... more |
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