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  Washington (UPI) Aug 23, 2018 Drawing from a dozen oil and natural gas fields in Russia, a joint venture with German energy company Wintershall stated production passed 70 million barrels. Wolgodeminoil, a joint venture between Wintershall and Russian energy company Lukoil, announced Thursday their effort over 5,200 square miles in southern Russia reached a production milestone with 73 million barrels at the beginning of August. "Last year alone we produced around 3.8 million barrels of crude oil and about 4.6 trilli ... read more |
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Australia's Santos says oil production hit 4-year highWashington (UPI) Aug 23, 2018 Following its move to acquire Quadrant Energy, Australia's Santos said oil production hit a four-year high while production costs dropped 13 percent. ... more 
Canadian oil exports by rail nearly doubledWashington (UPI) Aug 23, 2018 A Canadian energy regulator reported the average daily amount of crude oil exported by rail has nearly doubled from the previous year. ... more 
Trade concerns resurface to push oil prices lowerWashington (UPI) Aug 23, 2018 The price of oil was lower Thursday after volleys of fire in the U.S.-Chinese trade dispute, one day after a major spike caused by a drain on U.S. oil supplies. ... more 
Norway urges caution in 2019 oil and gas investment forecastWashington (UPI) Aug 23, 2018 Norwegian economists said Thursday they were urging a degree of caution in a forecast showing an increase in oil and gas investments next year. ... more |
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| Previous Issues | Aug 23 | Aug 22 | Aug 21 | Aug 20 | Aug 17 |
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U.S. punishes Russia for oil transfers to North Korean shipsWashington (UPI) Aug 22, 2018 The U.S. Treasury Department hit Russia with sanctions for transferring oil to North Korea, but stressed that sanctions aren't the only tool for diplomacy. ... more 
Venezuela denies Colombia's claims of armed forces incursionCaracas (AFP) Aug 22, 2018 Venezuela hit back at Colombia on Wednesday branding as fake news claims from its neighbor that helicopters and troops had violated its sovereignty in an illegal incursion. ... more
Supply pressures add up to rally in crude oil pricesWashington (UPI) Aug 22, 2018 Crude oil prices were in rally mode before the start of U.S. trading after signs of another drain on domestic oil and gasoline inventories. ... more 
Energy services group Wood upbeat despite first half lossWashington (UPI) Aug 21, 2018 Even though it turned in a loss for the first half of the year, Aberdeen-based energy services company Wood said it was riding a wave of market recovery ... more 
Relief at the gas pump finally comingWashington (UPI) Aug 21, 2018 U.S. consumer demand for gasoline is slowing down and that should start bringing relief to travelers ahead of the next major holiday, analysts said. ... more |
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 Crude oil prices jump on signs of declining inventories 
Alaska still has a long oil life aheadWashington (UPI) Aug 21, 2018 A market research report from consultant group IHS Markit found crude oil production from the late-stage Alaska North Slope could increase by 40 percent. ... more  |
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Ghana takes big step by tapping its own natural gasWashington (UPI) Aug 21, 2018 The power sector in Ghana for the first time is getting gas from its own offshore reserves, marking the start of 15 years of stability, a commodity group said. ... more 
Australian oil discovery holds 171 million barrelsWashington DC (UPI) Aug 20, 2018 An Australian energy company said Monday its Dorado oil discovery offshore Western Australia is the largest discovery made there in nearly three decades. ... more 
US hits Chinese pipes with 132% import dutiesWashington (AFP) Aug 21, 2018 On the eve of renewing talks to try to defuse the spiraling trade dispute with China, the US Commerce Department hit the country with import duties of 132 percent on metal pipe. ... more 
Industry defends controversial Michigan oil pipelineWashington DC (UPI) Aug 20, 2018 A pipeline spanning two of Michigan's peninsulas is a "vital link" to regional energy supplies, a trade group representative said in remarks to senate leaders. ... more 
U.S. oil gains offsetting OPEC lossesWashington (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. ... more |
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 Nottingham UK (SPX) Aug 22, 2018 
Researchers have found that seawater can replace freshwater to produce the sustainable fuel Bioethanol, reducing the need to drain precious resources.
The study - 'The establishment of a marine focused biorefinery for bioethanol production using seawater and a novel marine yeast strain' - has been published in Scientific Reports and was carried out by researchers at the University of Notti ... more |
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 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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 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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 Paris (SPX) Aug 22, 2018 
Over the last weeks, a heat wave has broken temperature records notably in Scandinavia and the British Isles. As a consequence, conventional and nuclear power plants (NPPs) in Europe have been forced to reduce electricity generation because of an increase in cooling water temperatures.
Nuclear power plants in France, Finland, Sweden and Germany have also been affected by this situation, wh ... more |
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 Fairbanks AK (SPX) Aug 22, 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 |
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 San Francisco (AFP) Aug 21, 2018 
Uber on Tuesday named a news chief financial officer as the smartphone-summoned ride service remained on the road to a stock market debut next year.
Nelson Chai came on board from Chicago-based insurance firm Warranty Group, where he was chief executive, according to Uber.
"I'm incredibly excited to bring on someone as experienced and thoughtful as Nelson," Uber chief executive Dara Khos ... more |
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 United Nations, United States (AFP) Aug 23, 2018  A UN team of investigators has begun work in Iraq aimed at collecting evidence on the massacres of the Yazidi minority and other atrocities committed by the Islamic State group, according to a letter released Thursday.
UN Secretary-General Antonio Guterres told the Security Council in the letter sent August 17 that the investigators led by British human rights lawyer Karim Asad Ahmad Khan wo ... more |
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 The Hague (AFP) Aug 24, 2018  Iran's legal challenge against renewed sanctions by the United States goes before the UN's top court Monday, as Tehran seeks to avert painful punitive measures that could hurt its still fragile economy.
Tehran filed a suit against US President Donald Trump's decision to reimpose economic sanctions at the Hague-based International Court of Justice last month.
After unilaterally pulling o ... more |
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 Hong Kong (AFP) Aug 23, 2018  An anaesthetist gassed his wife and daughter to death using a yoga ball filled with carbon monoxide, a Hong Kong court has heard.
Prosecutors told the High Court that Khaw Kim-sun left the inflatable ball in the boot of a car where the gas leaked out and killed them, according to reports from court Wednesday.
His wife and 16-year-old daughter were found on a roadside in a locked yellow M ... more |
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 Washington (UPI) Aug 21, 2018 
Archaeologists have excavated one of East Africa's largest, earliest monumental cemeteries in Kenya.
Constructed some 5,000 years ago by early pastoralists, the massive cemetery undermines traditional ideas about early human societies and monument building.
The Lothagam North Pillar Site was communal cemetery shared by East African herders for several centuries. Graves were cappe ... more |
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 Edwards AFB CA (SPX) Aug 23, 2018 
Engineers from NASA's Glenn Research Center, NASA's Armstrong Flight Research Center and Boeing have successfully used shape memory alloys (SMA) to move a full-sized wing section of an F/A-18 Hornet.
The 300-pound wing section was removed from an F/A-18 at NASA Armstrong in Edwards, California, enabling the team to prove a full wing section could be folded using a newly developed nickel-ti ... more |
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 Washington (AFP) Aug 24, 2018 
US officials holding a two-front battle in President Donald Trump's bid to revise major trade ties made progress with Mexican negotiators but found no breakthroughs with a Chinese delegation this week.
The North American Free Trade Agreement and China have been two key targets of Trump's aggressive trade strategy and he has largely brushed off concerns from the business community about the h ... more |
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 Washington (AFP) Aug 21, 2018 
A senior Treasury official warned Tuesday that the United States has more economic sanctions on Russia in the pipeline, after the US blacklisted two Russian companies for trading with North Korea.
"Absolutely ... You will continue without a doubt to see more from this administration," Sigal Mandelker, US Treasury Under Secretary for Terrorism and Financial Intelligence told a Senate hearin ... more |
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 Sydney (AFP) Aug 22, 2018 
In a small shop along one of Sydney's busiest streets, Sarah Freeman is encouraging Australians to slow down and break their addiction to fast fashion.
Shocked by the speed at which Australians buy and throw away cheap garments, she is trying to harness an ancient concept - libraries - to persuade shoppers to rent instead of purchase clothes.
"Today's society just seem to wear clothes ... more |
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 Kochi, India (AFP) Aug 23, 2018 
Leaders of flood-stricken Kerala state angrily hit out at India's national government Thursday for rejecting a $100 million aid offer from the United Arab Emirates as more people entered relief camps to escape the devastation.
More than 1.3 million people have now packed into temporary camps even though the floods, which have left at least 420 dead and missing, are fast receding.
The New ... more |
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