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  Washington (UPI) Aug 9, 2018 Considerations regarding the supply of oil to customers and countries around the world won't be swayed by political issues, Saudi Arabia's oil minister said. Saudi Minster of Energy, Industry and Mineral Resources Khalid al-Falih said his government's policy is to meet market considerations first. "He reiterated that this is a firm and longstanding policy that is not influenced by political circumstances," a readout Thursday from the official Saudi Press Agency stated. The stateme ... read more |
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Oil prices stable as tensions balance trade concernsWashington (UPI) Aug 9, 2018 Cooling tensions between the United States and Russia, and corrections from Wednesday's purge, help push the price of oil slightly higher early Thursday. ... more 
Faroe Petroleum next up for exploration offshore NorwayWashington (UPI) Aug 9, 2018 A Norwegian regulator announced it signed off on a permit for a 44-day effort to search for new reserves in its territorial waters of the North Sea. ... more 
ICG: Libyan oil not yet spared from political crisesWashington (UPI) Aug 9, 2018 Crises curbing exports and production in Libya's oil belt have abated, but the underlying issues remain unresolved, the International Crisis Group reported. ... more 
Europe wants U.S. LNG if the price is rightWashington (UPI) Aug 9, 2018 If the price is right, Europe sees U.S. liquefied natural gas as a strategic component of a diverse energy mix, the European president said Thursday. ... more |
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| Previous Issues | Aug 10 | Aug 09 | Aug 08 | Aug 07 | Aug 06 |
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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 
E.ON supported by integration with InnogyWashington (UPI) Aug 08, 2018 With results from the first half of the year in, German energy company E.ON is supported by the divvying up of renewable energy entity Innogy, analysis finds. ... more 
Shale company Continental Resources raises production expectationsWashington (UPI) Aug 08, 2018 U.S. shale company Continental Resources said in its second quarter report it was raising its production and spending expectations for the year. ... more |
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 U.S. sanctions on Iran drive oil prices higher 
Iraq to reluctantly comply with US sanctions on Iran: PMBaghdad (AFP) Aug 7, 2018 Iraqi Prime Minister Haider al-Abadi said Tuesday he would reluctantly comply with renewed US sanctions on neighbouring Iran, but recalled his country's 12 years under international embargo. ... more  |
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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 |
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 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 |
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 Berlin, Germany (SPX) Aug 07, 2018 
Even solar cells made of a perfect miracle material would never be able to convert 100 % of sunlight to electrical energy. This is because the theoretical maximum achievable power is limited by the position of the energy bands of the electrons, and by unavoidable radiation of photons (the thermodynamic or Shockley-Queisser limit). Maximum power conversion efficiency for silicon is about 33 %, fo ... 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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 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 |
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 New York (AFP) Aug 8, 2018 
Exiting US stock markets, a possibility raised Tuesday by Tesla CEO Elon Musk, could ease some of the pressure on the electric automaker but will come at a hefty cost.
- Testing the waters -
Tesla debuted on Wall Street in 2010, seven years after its launch, with a Nasdaq listing under the ticker symbol "TSLA."
As with other firms wooing markets, this allowed the company to raise cap ... more |
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 Baghdad (AFP) Aug 10, 2018 
Nationalist Shiite cleric Moqtada Sadr's alliance won Iraq's legislative election in May according to a manual recount, the electoral commission said Friday, paving the way for a government to be formed nearly three months after the polls.
Allegations of fraud prompted the supreme court to order a partial manual recount, but Sadr's joint list with communists will retain all 54 seats it won t ... more |
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 United Nations, United States (AFP) Aug 6, 2018 
The UN Security Council on Monday approved US-drafted measures aimed at ensuring that tough sanctions on North Korea do not impede deliveries of humanitarian aid to the isolated country.
Nearly half of North Korea's population - 10 million people - are undernourished, according to UN officials, who have reported a drop in food production last year.
UN resolutions specify that sanctions s ... more |
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 Beijing (AFP) Aug 8, 2018 
Home rental website Airbnb has scrapped a contest offering a chance to spend the night at a section of the Great Wall of China after an online backlash from people worried it could damage the site.
News of the "Night At The Great Wall" contest lit up Chinese social media, with critics calling it a publicity stunt that lacked respect for the ancient monument.
"No matter how they dress it ... more |
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 Juba (AFP) Aug 9, 2018 
South Sudan's President Salva Kiir has issued a decree offering a blanket amnesty to rebels, including his bitter rival Riek Machar, state radio reported Thursday.
The announcement comes days after the two men signed a power-sharing deal in the Sudanese capital Khartoum aimed at ending a nearly five-year civil war that has killed tens of thousands and uprooted millions.
"President Salva ... more |
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 Washington (UPI) Aug 7, 2018 
The Air Force has completed an initial proposal for its light attack aircraft from Sierra Nevada/Embraer and Textron Aviation as part of the second phase of the program.
The final request for proposal release is expected by December, the Air Force said in a release Monday. Officials still need to finalize equipment and determine development timelines for the last request for proposal. / ... 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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 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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 Washington (UPI) Aug 9, 2018 
New research suggests federal environmental regulations enacted under the Clean Air Act are responsible for significant reductions in air pollution emissions over the last several decades.
Between 1990 and 2008, the United States' manufacturing output grew, but industrial air pollution decreased by 60 percent.
The new study, forthcoming in the American Economic Review, showed man ... more |
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 Istanbul (AFP) Aug 9, 2018 
At least nine migrants including seven children died early Thursday after their boat sank off the western coast of Turkey, local media reported.
Four people were rescued by the Turkish coast guard after the boat destined for Greece and carrying mostly Iraqi migrants sank off the Turkish holiday resort town of Kusadasi, the state-run Anadolu news agency reported.
Initial testimony of the ... more |
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