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Minister: French supermajor Total formally leaves Iran![]() Washington (UPI) Aug 20, 2018 Iran's oil minister said Monday the process for finding a new company to invest in its South Pars gas field was under way now that French supermajor Total left. Iranian Oil Minister Bijan Zangeneh was quoted by the official Islamic Republic News Agency as saying Total has officially quit the South Pars consortium, leaving China National Petroleum Corp. on with a 30 percent stake and Iran's Petropars with 19.9 percent. Zanganeh said the process of finding a substitute to take on Total's m ... read more |
Oil prices stuck between supply fears, slow demandWashington (UPI) Aug 20, 2018 The price of crude oil was stable ahead of the start of U.S. trading on Monday as supply-side fears balanced concerns about growth in the global economy. ... more
British gas basin sanctionedWashington (UPI) Aug 20, 2018 A new source of natural gas from the British waters of the North Sea should start producing within two years, operator Premier Oil announced Monday. ... more
Nigerian oil pipeline shut because of spillWashington (UPI) Aug 20, 2018 An export pipeline in the Niger Delta remained closed after a subsidiary of Royal Dutch Shell said it was responding to a release of crude oil. ... more
There are cheaters in OPEC, Iran saysWashington DC (UPI) Aug 20, 2018 The Iranian government said in a letter to OPEC that it was against protocol for other member states to take over export or production quotas of another. ... more |
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| Previous Issues | Aug 20 | Aug 17 | Aug 16 | Aug 15 | Aug 14 |
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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
US condemns Venezuela 'arbitrary' arrests over alleged attackWashington (AFP) Aug 17, 2018 The United States on Friday condemned alleged arbitrary detentions and forced confessions by the Venezuelan government in its investigation into the failed August 4 drone "attack" on President Nicolas Maduro. ... more
Trans Mountain pipeline construction progressingWashington (UPI) Aug 17, 2018 The group building the Trans Mountain oil pipeline can proceed with construction of an expansion project through parts of British Columbia, a regulator said. ... more
Crude oil prices barely recover after Wednesday's lossWashington (UPI) Aug 16, 2018 Crude oil prices were moving in positive territory ahead of the start of U.S. trading after major losses in the previous session, though concerns remain on the horizon. ... more
North Sea oil and gas find bigger than expectedWashington (UPI) Aug 16, 2018 The Norwegian government reported results Thursday from an appraisal well in the North Sea that were better than operator Equinor expected. ... more |
![]() Court orders new review of Keystone XL pipeline
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 |
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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
Turkish concerns add to a shaky market to pull oil prices lower(UPI) Aug 15, 2018 Oil prices were moving in negative territory ahead of the start of U.S. trading on signs of slowing demand and lingering concerns about U.S.-Turkish relations. ... more |
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Ethiopia opens plant to turn waste into energy 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 |
Constellation begins construction on 10MW solar array in Maryland Ocean City, MD (SPX) Aug 21, 2018
Constellation, an Exelon company, is breaking ground on a 10 megawatt (DC) solar energy project that will account for around 20 percent of the Town of Ocean City's annual energy use.
Sited near the intersection of Routes 50 and 90 (about 10 miles west of downtown Ocean City), the solar array will provide energy for several of the town's key buildings, including its city hall, convention ce ... more |
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Denmark gets nod for renewable energy support scheme 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.
... 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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Abrupt thaw of permafrost beneath lakes could significantly affect climate change models Fairbanks AK (SPX) Aug 21, 2018
Methane released by thawing permafrost from some Arctic lakes could significantly accelerate climate change, according to a new University of Alaska Fairbanks-led study.
The study, which was published Aug. 15 in the journal Nature Communications, focuses on the carbon released by thawing permafrost beneath thermokarst lakes. Such lakes develop when warming soil melts ground ice, causing th ... more |
Tesla sues Ontario over scrapped electric car rebate Montreal (AFP) Aug 17, 2018
US electric automaker Tesla has sued the government of Ontario, Canada, after the province scrapped a rebate initiative for purchases of electric cars, Canadian media reported Thursday.
Upon assuming power last July, Premier Doug Ford's conservative government announced the end of several green energy programs, including several thousands of dollars in rebates for electric car buyers.
Cu ... more |
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Iraqi girls take up swimming in IS-free Mosul 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 |
N. Korea leader lambasts 'brigandish' sanctions: KCNA 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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No children? Pay a tax, Chinese academics suggest 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 |
Keita re-elected Mali president with landslide 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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Leonardo to deliver NH90 transport helicopters to Qatar Washington (UPI) Aug 20, 2018
Leonardo on Monday announced a contract for the delivery of 28 NH90 medium multi-role military helicopters to the Ministry of Defense of Qatar.
The order is part of a backlog production contract. Leonardo is the primary contractor for the Qatar NH90 program, which is valued at more than $3.4 billion. Leonardo is taking the lead as part of the NHI consortium.
"We are proud to have ... more |
Malaysian PM to scrap China-backed $22 bn projects Beijing (AFP) Aug 21, 2018
Malaysian Prime Minister Mahathir Mohamad confirmed during a visit to Beijing on Tuesday that three China-backed projects totalling $22 billion will be cancelled until his country can find a way to pay its debts.
The projects include a railway connecting Malaysia's east coast to southern Thailand and Kuala Lumpur, and two gas pipelines.
"I explained to (the Chinese leaders) why we can't ... more |
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China rejects 'irresponsible' Pentagon report on bombers 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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Flushed contact lenses are big source of microplastic pollution Washington (AFP) Aug 20, 2018
Contact lenses that are flushed down the toilet or dropped in sink drains contribute vastly to microplastic pollution in the oceans, researchers warned Monday.
The amount of plastic waste created by lenses and their packaging in the United States alone is equal to 400 million toothbrushes each year, said researchers at Arizona State University who described their findings at the National Mee ... more |
Aid agencies rush to help survivors of deadly Lombok quakes Sugian, Indonesia (AFP) Aug 21, 2018 Indonesian aid agencies and government officials rushed Tuesday to help survivors after another series of powerful quakes rattled Lombok island, killing at least 10 people and leaving hundreds of thousands homeless.
The picturesque island next to holiday hotspot Bali was hit by two deadly quakes on July 29 and August 5. On Sunday it was shaken again by a string of fresh tremors and aftershoc ... more |
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