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Permian shale producers hedging their bets against pipeline projects![]() Washington (UPI) Sep 14, 2018 New pipeline infrastructure can't get built fast enough in the Permian Basin, where oil is selling at a $15 discount and producers are locking in prices for the next two years. New multi-billion pipeline projects are under construction or planned over the next few years to get the crude oil and natural gas to refineries on the Gulf Coast. But a new report by Wood Mackenzie shows producers don't have faith that the pipelines will be done on time. The number of Permian producers hedging th ... read more |
Gas prices steady after onslaught from Hurricane FlorenceWashington (UPI) Sep 18, 2018 Hurricane Florence had little effect on gasoline prices because the storm didn't go near refineries or other energy infrastructure. The Carolinas and surrounding states also had an abundant supply of gasoline, analysts report, explaining the lack of a spike in prices. ... more
Venezuela to bump China oil exports to one million barrels a dayCaracas (AFP) Sept 18, 2018 Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after visiting the Asian powerhouse. ... more
U.S. official: Increase LNG exports to Europe to counter RussiaWashington (UPI) Sep 17, 2018 The United States needs to increase its natural gas exports to Europe to counter Russia's increasing energy dominance in the region, a top Trump administration official warned. ... more
Venezuela's Maduro pays tribute to Mao, makes deals with ChinaBeijing (AFP) Sept 14, 2018 Venezuelan President Nicolas Maduro paid tribute to Mao Zedong at the late Chinese leader's mausoleum on Friday before overseeing energy and gold mining deals as he seeks Beijing's help to bolster his crisis-hit country's economy. ... more |
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| Previous Issues | Sep 18 | Sep 17 | Sep 14 | Sep 13 | Sep 12 |
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Venezuela's Maduro eyes economic boost in China visitBeijing (AFP) Sept 13, 2018 Venezuelan President Nicolas Maduro was expected to arrive in Beijing on Thursday to strike deals with his crisis-hit country's biggest creditor. ... more
Iraq PM announces new Basra initiatives ahead of key voteBaghdad (AFP) Sept 13, 2018 Iraqi Prime Minister Haider al-Abadi on Thursday announced a new series of public works initiatives for the southern city of Basra, hit by a wave of deadly protests last week. ... more
Four questions on Basra and Iraq's political stakesBaghdad (AFP) Sept 12, 2018 Iraqi Prime Minister Haider al-Abadi faces calls to quit after deadly protests in southern Basra crushed his fledgling, and vital, alliance with a popular Shiite cleric. ... more
Maduro looks to China to bolster Venezuela's collapsing economyCaracas (AFP) Sept 12, 2018 Venezuela's President Nicolas Maduro departed Wednesday for China in search of agreements to bolster the oil-exporting country's collapsing economy. ... more
Iran opens new consulate in Iraq's Basra after attackBasra, Iraq (AFP) Sept 11, 2018 Iran's ambassador to Iraq opened a new consulate for his country in the southern city of Basra on Tuesday, four days after its old mission building was torched by protesters. ... more |
![]() Gulf, US commanders to hold talks in Kuwait
Re-opened Iraqi railway a sign of progressFallujah, Iraq (AFP) Sept 10, 2018 The newly revived railway between Baghdad and Fallujah snakes across the western Iraqi desert, through a landscape of burned-out tanks, abandoned cars and collapsed buildings. ... more |
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Oil prices down after Pompeo outlines plan to get nations off Iranian oilWashington (UPI) Sep 7, 2018 Speaking in India this week, Secretary of State Mike Pompeo shared plans to wean nations off Iranian oil before the U.S. reimposes sanctions on Iran in November. ... more
Court scraps multibillion-dollar Ecuador damages against ChevronQuito (AFP) Sept 7, 2018 An appeals court in The Hague has cancelled $9.5 billion in damages handed down by an Ecuadoran court against American energy giant Chevron for causing oil pollution in the Amazon jungle, Quito said Friday. ... more
Oil prices down, OPEC production at 10-month highWashington (UPI) Sep 6, 2018 Amid lingering fears the reimposition of U.S. sanctions on Iran could complicate the global oil market, OPEC nations reported a strong August in the latest S&P Global Platts survey. ... more
Trump envoys to press India on Russian missiles, Iran oilNew Delhi (AFP) Sept 5, 2018 US President Donald Trump's top two envoys were expected Thursday to press India not to buy Russian military equipment or Iranian oil, while seeking to bolster ties as China grows more assertive in the region. ... more
Oil prices down as U.S. Gulf Coast looks ahead after GordonWashington (UPI) Sep 5, 2018 As Tropical Depression Gordon moves north of the U.S. Gulf Coast, the system leaves behind more than 50 offshore platforms evacuated ahead of the storm. ... more |
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Barriers and opportunities in renewable biofuels production Gothenburg, Sweden (SPX) Sep 12, 2018
Researchers at Chalmers University of Technology, Sweden, have identified two main challenges for renewable biofuel production from cheap sources. Firstly, lowering the cost of developing microbial cell factories, and secondly, establishing more efficient methods for hydrolysis of biomass to sugars for fermentation. Their study was recently published in the journal Nature Energy.
The study ... more |
SunShare secures $11M in construction and term financing Denver CO (SPX) Sep 14, 2018
SunShare, the nation's pioneer in community solar, has secured $11 million in construction/term project financing from ANB Bank for the construction of 8.2 MWdc of community solar gardens in Minnesota. Construction has begun on the SaintSun (6.9 MWdc) and ZumbroSun (1.3 MWdc) projects in Saint Michael and Zumbro Falls, MN, and they are expected to reach mechanical completion starting in October ... more |
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Wind Power: It is all about the distribution Freiburg, Germany (SPX) Sep 06, 2018
Wind power is an important pillar in Germany's energy policy turnaround: According to the German government, the resource should cover 65 percent of German electricity needs by 2030, along with solar, hydropower and biomass. In a recent study, Dr. Christopher Jung and Dr. Dirk Schindler from the University of Freiburg show that it will be possible to cover 40 percent of the current electricity c ... more |
Nuclear energy may see role wane, UN agency says Vienna (AFP) Sept 10, 2018
The UN's nuclear agency on Monday said global capacity for electricity generation through nuclear power may be shrinking over the coming decades.
In a new report the International Atomic Energy Agency (IAEA) said that the sector would face challenges as "ageing reactors are retired and the industry struggles with reduced competitiveness".
"Overall, the new projections suggest that nuclea ... more |
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Optimism trumps despair at climate summit San Francisco (AFP) Sept 14, 2018
Mayors, governors, entrepreneurs, CEOs, investors and celebrities delivered a double-edged message Friday at the close of a climate summit in San Francisco: global warming is making the planet unliveable - but we know how to fix it.
"We are using the sky as an open sewer, it's insane," former US vice president Al Gore told the conference, noting that humanity belches 110 million tons of hea ... more |
EU targets BMW, Daimler, VW in pollution cartel probe Brussels (AFP) Sept 18, 2018
The EU opened an in-depth probe into alleged collusion by major German carmakers over anti-pollution technology Tuesday, a fresh blow to the scandal-hit industry three years after the notorious "dieselgate."
Competition Commissioner Margrethe Vestager said BMW, Daimler and VW are suspected of agreeing "not to compete against each other on the development and roll-out" of anti-pollution syste ... more |
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Iraq parliament elects pro-Iran candidates Baghdad (AFP) Sept 15, 2018 The Iraqi parliament elected pro-Iran candidates as speaker and first deputy speaker on Saturday, boosting the country's chances of forming a new administration more than four months after national elections.
National politics has been in paralysis since the May 12 ballot, but Saturday's selections are expected to solidify new parliamentary alliances.
The pro-Iran bloc led by Hadi al-Am ... more |
S. Korea launches its first missile-capable submarine Seoul (AFP) Sept 14, 2018
South Korea launched its first ever missile-capable attack submarine on Friday, despite a recent diplomatic thaw with the nuclear-armed North.
The $700 million, 3,000-tonne Dosan Ahn Chang-ho submarine is capable of firing both cruise and ballistic missiles and the first of three planned diesel-electric boats to go into service in the next five years.
It represented a "leap forward in th ... more |
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Prominent Chinese pastor defiant after church closure Beijing (AFP) Sept 13, 2018 A Chinese Protestant pastor is vowing to keep preaching to his flock despite the closure of his prominent underground church in Beijing, defying the government's intensifying pressure on religious groups.
Pastor Jin Mingri had given sermons at the Zion Church, one of the biggest unofficial congregations in the country, for the past decade until local officials shut it down on Sunday.
Its ... more |
Nigeria troops repel fresh Boko Haram base attack Kano, Nigeria (AFP) Sept 13, 2018
Soldiers have thwarted another Boko Haram attack on an army base in northeast Nigeria, the latest in a series of offensives against military targets in the remote region.
Scores of fighters attacked the base in Damasak, in the far north of Borno state, on Wednesday evening, firing heavy artillery in an apparent bid to overrun it.
Hours of fighting ensued but the attack was repelled with ... more |
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Beijing's massive new airport 'on time' for 2019 launch Beijing (AFP) Aug 31, 2018
Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new mega airport.
Aimed at easing the passenger load of Beijing's other two airports, Daxing International Airport is scheduled to become operational in June 2019, said Li Jianhua, vice chairman of Beijing City Planning New Airport Construction.
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Chinese premier slams 'unilateralism' in trade disputes Tianjin, China (AFP) Sept 19, 2018
Chinese Premier Li Keqiang railed against "unilateralism" on Wednesday in a veiled allusion to the trade fight with the United States, and threw his weight behind further opening of the world's second largest economy.
Speaking at the summer session of the World Economic Forum in the eastern city of Tianjin, Li said problems must be worked out through consultations, a day after China and the ... more |
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Mattis in Macedonia to counter 'Russian influence' against name change Skopje (AFP) Sept 17, 2018
US Defence Secretary Jim Mattis arrived in skopje Monday to back a 'yes' vote at this month's referendum on Macedonia's name change and counter what he called "Russian influence" against the move.
On September 30, Macedonians vote on whether to change the country's name to the Republic of North Macedonia, which could open the door to NATO and EU membership.
The planned vote follows a lan ... more |
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Researchers turn to oysters as pollution-tracking sentinels Arcachon, France (AFP) Sept 17, 2018
French researchers hoping to get an early warning on pollution in the ocean have found an unlikely ally in a mollusc more often destined for the dinner table.
Their findings reveal that much like canaries in a coal mine, oysters stationed near offshore oil platforms can detect minute amounts of hydrocarbons as each one constantly filters dozens of gallons of water every day.
That could a ... more |
Amazon's Jeff Bezos unveils $2 bn philanthropic fund Washington (AFP) Sept 14, 2018 Amazon founder Jeff Bezos, the richest person on the planet, announced Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion.
Bezos made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune - now estimated at more than $160 billion - for charitab ... more |
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