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  Washington (UPI) Aug 31, 2018 U.S. gasoline prices, as well as demand, remain high for the Labor Day weekend, the U.S. Energy Information Administration reported on Friday. The U.S. average retail price for regular gasoline, reported on Aug. 27, was $2.83 per gallon, the highest it has been the Monday before Labor Day since 2014 - when it was $3.45 per gallon. The 2017 figure was affected by Hurricane Harvey in the Gulf Coast. In an eight-day period, which included Labor Day last year, the price of gasoline rose, on ... read more |
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U.S. action on NAFTA, India's Iranian oil imports roils marketsWashington (UPI) Aug 31, 2018 As Canada rushes to join NAFTA negotiations, and India and the United States prepare to discuss Iranian oil imports, oil prices were down slightly heading into the Labor Day weekend in the United States. ... more 
Iraq oil exports hit 2018 peak in AugustBaghdad (AFP) Sept 1, 2018 Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels of crude bringing $7.7 billion to the war-torn country's ailing economy. ... more 
PetroChina's profits double as oil prices soarShanghai (AFP) Aug 30, 2018 China's biggest oil producer PetroChina said Thursday its net profit more than doubled in the first half of the year as global crude prices soared. ... more
Crude oil rises on news of decline in U.S. inventoriesWashington (UPI) Aug 30, 2018 Crude oil futures moved upward on Thursday after news of a decline in U.S. oil inventories, and analysts' wait-and-see approach to Iranian threats to leave the 2015 nuclear deal. ... more |
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| Previous Issues | Aug 31 | Aug 30 | Aug 29 | Aug 28 | Aug 27 |
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Petronas wades into Gambian watersWashington (UPI) Aug 28, 2018 Malaysian energy company PETRONAS is funding 80 percent of the costs to drill into an emerging oil basin off the coast of Gambia, a project developer stated. ... more 
Experts: Gas prices should rise over Labor Day holidayWashington (UPI) Aug 28, 2018 Expect to see U.S. gas prices increase ahead of the long Labor Day holiday weekend, but higher prices at the pump might not last, analysts said. ... more
Oil market gets slight boost from North American tradeWashington (UPI) Aug 28, 2018 Tepid enthusiasm over a U.S.-Mexican trade proposal made for a modest rally in crude oil prices ahead of the opening bell in New York on Tuesday. ... more 
U.S. energy sector eager for Mexican trade specificsWashington (UPI) Aug 28, 2018 Industry groups representing the energy sector were upbeat about improved U.S. trade relations with Mexico, but expressed concern about the lack of detail. ... more 
Exxon drills deep for Australian natural gasWashington (UPI) Aug 28, 2018 A subsidiary of Exxon Mobil said it's started the search for new sources of natural gas by drilling two new wells off the coast of Australia. ... more |
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 Equinor: We need big investments now offshore Norway 
Brazil deploys military to boost security at Venezuela borderBrasilia (AFP) Aug 29, 2018 Brazilian President Michel Temer signed a decree Tuesday to send the army to "guarantee law and order" on the border with crisis-hit Venezuela after recent violent clashes. ... more  |
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Russia, Saudi Arabia to discuss oil market issuesWashington (UPI) Aug 29, 2018 Russia's foreign minister on Wednesday hosts his Saudi counterpart to discuss, among other things, stability in the global oil market, state media reported. ... more
Oil prices supported by strong U.S. GDPWashington (UPI) Aug 29, 2018 Crude oil prices staged a rally in early Wednesday trading as strong U.S. economic figures balanced against a build in national oil and gas inventories. ... more 
Conflict rocks OPEC member LibyaWashington (UPI) Aug 29, 2018 Political actors in Libya, a member of the Organization of Petroleum Exporting Countries, shouldn't settle scores through violence, the U.N. mission stated. ... more
Iraq short on spare gas and diesel suppliesWashington (UPI) Aug 29, 2018 The federal Iraqi government can't distribute oil products to the Kurdish north of Iraq because it can barely satisfy its own demand, a ministry official said. ... more 
Equinor identifies Brazil as a core area of focusWashington (UPI) Aug 29, 2018 After expressing concern about the long-term future offshore Norway, energy major Equinor said Wednesday that Brazil's energy sector was now a core area. ... more |
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 Washington DC (SPX) Aug 30, 2018 
Imagine throwing your empty plastic water bottle into a household composting bin that breaks down the plastic and produces biogas to help power your home. Now, researchers have taken an early step toward this futuristic scenario by showing that certain blends of bioplastics can decompose under diverse conditions. They report their results in the ACS journal Environmental Science and Technology. ... more |
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 The Hague, Netherlands (SPX) Sep 03, 2018 
Dutch development bank FMO is the lead arranger in a total USD 15.5 million financing package that will grow Kingo's services with around 250,000 people that are not connected to the electricity grid in rural parts of Guatemala. These people now get access to clean off-grid energy through the supply of rooftop solar panels. Kingo currently reaches over 300,000 people with their services and FMO' ... more |
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 Shanghai, China (SPX) Sep 03, 2018 
DNV GL, the world's largest resource of independent energy experts and certification body, has announced that it has been contracted to provide technical advisory support on feasibility studies for the first-ever high-voltage direct current (HVDC) offshore wind substation in China.
China has committed heavily to developing its offshore wind power generating capacity. It currently plans to ... more |
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 Johannesburg (AFP) Aug 27, 2018 
South Africa confirmed on Monday it had scrapped plans to build a series of nuclear power stations, burying one of former president Jacob Zuma's most controversial policies.
Zuma's nuclear expansion plan was a key battleground for control over South Africa's finances, with his opponents accusing him of seeking a deal that could have bankrupted the country to enrich his allies.
Zuma, whos ... more |
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 Paris (AFP) Aug 24, 2018  Once-a-century rains that have pounded the Indian state of Kerala and displaced 1.3 million people are in line with the predictions of climate scientists, who warn that worse is to come if global warming continues unabated.
The monsoon rains upon which farmers in the southwestern state depend for their food and livelihoods dumped two-and-a-half times the normal amount of water across the sta ... more |
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 Ottawa (AFP) Aug 28, 2018 
US electric automaker Tesla has won a lawsuit against Canada's most populous province of Ontario after its new government scrapped a rebate initiative for electric car purchases.
The Electric and Hydrogen Vehicle Incentive Program, launched by the previous Ontario Liberal administration, offered rebates of up to Can$14,000 (US$11,000) on qualifying vehicles.
But the program was scrapped ... more |
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 Arbil, Iraq (AFP) Sept 2, 2018 
With artificial limbs in the place of legs they lost to jihadists, a group of Iraqis plunged into a swimming pool for a special race aimed at helping them overcome the horrors of war.
Abdel Zahra Kazem, a soldier from southern Iraq who was wounded in an attack in Baghdad, said getting back in the pool had helped him to rediscover one of his passions in life.
"I've swum since I was a chil ... more |
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 The Hague (AFP) Aug 29, 2018 
Iran told the UN's top court Wednesday that "time is running out" for its people as they suffer economic turmoil that Tehran blames on renewed US sanctions.
Iran was making its closing arguments in a challenge to the sanctions at the International Court of Justice in The Hague.
US President Donald Trump reimposed the sanctions after pulling out of a multilateral 2015 accord in May.
I ... more |
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 Beijing (AFP) Sept 2, 2018  Police in central China said Sunday they arrested nearly 50 people after a violent protest sparked by dissatisfaction with the local school system.
More than 600 protesters gathered outside a police station in Leiyang city in Hunan province around midnight Saturday after security personnel stopped a protest earlier in the day, police said in a statement on their website.
They said they ... more |
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 Beijing (AFP) Sept 3, 2018 
China hosts African leaders Monday for a summit aimed at promoting Beijing's vision for development on the continent, even as it finds itself increasingly criticised over its debt-heavy approach to foreign aid.
President Xi Jinping and leaders from across the continent will meet at the two-day Forum on China-Africa Cooperation (FOCAC), with talks expected to focus on Xi's cherished "Belt and ... more |
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 Wallops Island VA (SPX) Sep 03, 2018  NASA successfully launched a football stadium-sized scientific balloon, dubbed the "Big 60," on Friday, Aug. 17, from Fort Sumner, New Mexico, for the first time in more than 15 years. A second test flight was conducted Aug. 25.
The 60-million-cubic-foot balloon floated to a record-breaking sustainable altitude of 159,000 feet on Aug. 17, allowing the payload and three ride-along experimen ... more |
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 Beijing (AFP) Sept 2, 2018  China's massive and expanding "Belt and Road" trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt.
First announced in 2013 by President Xi Jinping, the initiative also known as the "new Silk Road" envisions the construction of railways, roads and ports across the globe, with Beijing providing billions of dollars in ... more |
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 Tokyo (AFP) Aug 31, 2018 
Japan's defence ministry on Friday made its biggest-ever budget request, seeking better missile defence and bolstered air power amid ongoing threats from North Korea and China.
The ministry wants 5.298 trillion yen ($47 billion) for the next fiscal year from April, the seventh straight annual increase and 2.1 percent more than last year.
Among the items on the defence ministry's shopping ... more |
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 Mina , Saudi Arabia (AFP) Aug 23, 2018 
Thousands of cleaners are busy separating plastic from other rubbish as more than two million Muslims wrap up a pilgrimage to Mecca that presents a huge environmental challenge for Saudi Arabia.
The Mamuniya camp in Mina near the holy city is dotted with colour-coded barrels - black for organic waste and blue for cans and plastics for recycling.
It's all part of an initiative to reduce ... more |
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 St. John'S, Antigua And Barbuda (AFP) Sept 1, 2018 
Dozens of Barbudans were forcibly evicted Saturday from a shelter on neighboring Antigua, leaving them without a home almost exactly a year after powerful Hurricane Irma devastated their island.
Around 40 people - half of them children, the youngest just a month old - were ousted from the National Technical Training Center after police and government officials descended on the building in ... more |
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