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  Washington (UPI) Aug 17, 2018 U.S. oil production is offsetting OPEC losses and keeping oil prices in check, though trends in fuel supplies are indicative of negativity, a trade group said. The U.S. Energy Information Administration reported total crude oil production for the week ending Aug. 10 at 10.9 million barrels per day, meaning the United States is on par with Saudi Arabia in terms of global production leaders. "With total U.S. liquid fuels production, up by more than 2.0 million bpd year-over-year, the Unite ... read more |
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Crude oil prices rebound as market tensions easeWashington (UPI) Aug 17, 2018 Fading global trade and geopolitical concerns brought the price of crude oil back into positive territory on Friday, but look to finish the week lower. ... more 
World's biggest shipper to spin off Maersk DrillingWashington (UPI) Aug 17, 2018 The world's biggest shipping company, A.P. Moller-Maersk, said Friday it turned in a profit, but is now spinning off its drilling unit as a standalone company. ... more 
Australian minister pushes for offshore developmentWashington (UPI) Aug 17, 2018 The Australian government is committed to exploiting its offshore natural gas deposits as soon as possible, a regional minister said Friday. ... more 
New cash will fund Canadian shale operationsWashington (UPI) Aug 17, 2018 Australian energy company Calima said Friday that investment interest was strong enough to support a robust drilling campaign in a Canadian shale basin. ... more |
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| Previous Issues | Aug 17 | Aug 16 | Aug 15 | Aug 14 | Aug 13 |
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DNO pays out first dividend in 13 yearsWashington (UPI) Aug 16, 2018 Pointing to a high level of success for its assets in the Kurdish north of Iraq, Norwegian company DNO said it was paying its first dividend in 13 years. ... more 
Cash flow soars for Russia's Gazprom NeftWashington (UPI) Aug 16, 2018 Russian oil producer Gazprom Neft said Thursday its free cash flow improved more than 70 percent from last year, though production increased by 2 percent. ... more 
Australian oil discovery a likely game changerWashington (UPI) Aug 16, 2018 A high-risk exploration target offshore Western Australia has paid off and could lead to a major rush in commercial interests, a consultant group said Thursday. ... more 
Multi-billion dollar acquisition creates Permian major(UPI) Aug 15, 2018 A $9.2 billion all-stock acquisition creates one of the larger entities working in the Permian shale basin in the United States, Diamondback Energy announced. ... more 
Good results from U.S. offshore auction, but expectations low(UPI) Aug 16, 2018 Results from a U.S. auction for drilling rights in the Gulf of Mexico showed companies are willing to spend again, but expectations were low, experts said. ... more |
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 Turkish concerns add to a shaky market to pull oil prices lower 
Russian permits for Nord Stream 2 secured(UPI) Aug 15, 2018 The consortium managing the second leg of the Nord Stream gas pipeline from Russia to Europe said it has all the permits needed for Russian installation. ... more  |
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Four in a row for oil discoveries in Niger(UPI) Aug 15, 2018 The latest confirmed oil discovery in a basin in southeast Niger makes it four in a row for Savannah Petroleum's exploration campaign, the company stated. ... more 
We're hiring, Norwegian oilfield services company says(UPI) Aug 15, 2018 Norwegian oilfield services company Archer said new contracts from Equinor would help support a 2,000 person increase in payrolls by the end of the year. ... more 
Emissions from energy-rich Norway on the decline(UPI) Aug 15, 2018 The Norwegian government reported Wednesday that total greenhouse gas emissions were lower, with declines in pollution from road traffic leading the way. ... more 
U.S. gas prices stable ahead of Labor DayWashington (UPI) Aug 14, 2018 Motorists in the United States are enjoying a period of relative calm at the gas pump, but sentiment is mixed over what happens ahead of the next major holiday. ... more
U.S. offshore lease a barometer for market recoveryWashington (UPI) Aug 14, 2018 Ahead of the next U.S. offshore lease for oil and gas drilling rights, a trade group was mixed on the Trump administration's support for the sector. ... more |
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 Addis Ababa (AFP) Aug 19, 2018 
Ethiopia on Sunday inaugurated a power plant which converts waste into energy, next to a filthy open-air dump in Addis Ababa where a landslide last year killed more than 110 people.
Named Reppie, the facility is the first of its kind in Africa, according to the government and the British company Cambridge Industries behind the project, and will turn 1,400 tons of waste per day into energy. ... more |
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 Adelaide, Australia (SPX) Aug 17, 2018 
Details of a 280MW solar farm have been unveiled in South Australia as the first part of Sanjeev Gupta's global GFG Alliance US$1 billion, one-gigawatt dispatchable renewable energy program.
The Cultana Solar Project in South Australia's Upper Spencer Gulf will include 780,000 solar panels capable of generating 600GWh of energy generation per year, enough to power 96,000 homes while offset ... more |
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 Washington (UPI) Aug 17, 2018 
Denmark, a holdout on Russia's Nord Stream 2 gas project, has consent to move forward with renewable energy strategies, the European Commission said.
The European Commission said Friday it approved of renewable energy schemes proposed by a Danish government looking to meet half of its energy needs from renewable resources by 2030 and make a complete break from fossil fuels by 2050.
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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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 Washington (UPI) Aug 15, 2018 
Unusually high temperatures are likely to persist for the next five years, according to a new climate prediction model.
Over the long run, the climate is certain to get warmer. But global warming isn't linear. At the beginning of the 21st century, after decades of rising global temperatures, warming slowed. Scientists dubbed the slowdown the global warming hiatus.
Now, however, w ... more |
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 New York (AFP) Aug 12, 2018 
Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private.
Many in US financial circles are wondering where he will he get all this money, and have turned skeptical despite the reverence in which they normally hold Musk, who founded the company in 2003 to transform cars int ... more |
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 Mosul, Iraq (AFP) Aug 18, 2018 
Her father and grandfather gained fame in the pool. Now, 12-year-old Rama Omar hopes to do the same - a bold move in Mosul, a former jihadist stronghold in Iraq where swimming was never for women.
Even before the Islamic State group made Mosul the heart of its self-proclaimed caliphate in Iraq in 2014, conservatism and tradition in the ancient mercantile city meant its pools were only for m ... more |
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 Seoul (AFP) Aug 17, 2018 
North Korean leader Kim Jong Un attacked "hostile forces" over "brigandish" sanctions, state media reported Friday, as Washington seeks to maintain pressure on Pyongyang over its nuclear programme.
Kim and US President Donald Trump held a groundbreaking summit in Singapore in June, which the US leader touted as a historic breakthrough.
But there has been little movement since and the Nor ... more |
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 Beijing (AFP) Aug 17, 2018 
Two Chinese academics have proposed a controversial idea to encourage childbirth as their country faces an ageing population: Make people with no or fewer than two children pay into a "maternity fund".
The suggestion sparked a furious social media debate in a country whose population has faced drastic family planning policies under the Communist Party, which enforced a one-child policy for d ... more |
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 Bamako (AFP) Aug 16, 2018 
Malian President Ibrahim Boubacar Keita has been re-elected for a five-year term after winning a landslide in a runoff ballot, according to official figures Thursday.
The elections have been closely watched abroad, as Mali is a linchpin state in the jihadist insurgency raging in the Sahel.
Keita, 73, picked up 67.17 percent of the vote on Sunday against 32.83 for opposition challenger an ... more |
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 Washington (UPI) Aug 16, 2018  L3 Technologies has received a $25.8 million modification to an existing U.S. Defense Department contract for an F-16 A/B Block 20 Mission Training Center.
Work will be performed in Arlington, Texas, and is expected to be completed by October 2024. The modification includes foreign military sales to Taiwan.
Foreign military sales funds in the amount of $25.8 million are being obl ... more |
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 Beijing (AFP) Aug 16, 2018 
China will send a senior negotiator to the United States in late August to resume trade talks, its commerce ministry said Thursday, the first public meeting on the dispute in weeks as the trade conflict intensifies.
Beijing and Washington have slapped tariffs on tens of billions of dollars worth of each other's goods since they held their last high-level meeting in June, raising fears that t ... more |
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 Beijing (AFP) Aug 18, 2018 
China on Saturday rejected what it called an "irresponsible" Pentagon report claiming Beijing's bombers are likely training for strikes against US and allied targets in the Pacific.
The Thursday report said China was leveraging its growing military, economic and diplomatic clout to rapidly establish regional dominance, while its bombers were developing capabilities to hit targets as far from ... more |
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 Nabeul, Tunisia (AFP) Aug 14, 2018  Bin bags at the ready, "long-distance activist" Mohamed Oussama Houij moves methodically along a beach in Tunisia's Mediterranean town of Nabeul, scooping up all kinds of trash as he goes along.
The 27-year-old sanitary engineer set out in July to walk a 300-kilometre (185-mile) stretch of coastline in northern Tunisia and clean up 30 beaches along the way.
He hopes the two-month trek wi ... more |
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 Washington (AFP) Aug 17, 2018 
The US government on Friday hit four Myanmar military commanders and two military units with punitive sanctions, accusing them of "serious human rights abuses" and "ethnic cleansing" in violently expelling minority Rohingya from their homes.
Military and border guard commanders Aung Kyaw Zaw, Khin Maung Soe, Khin Hlaing, and Thura San Lwin were accused of leading violent campaigns against th ... more |
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