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US should brace for higher heating bills, potential supply issues![]() Washington (UPI) Oct 11, 2018 The U.S. Energy Information Administration said most heating bills will be higher this winter season, as much as 20 percent over last year in the case of heating oil, while the weather may also be on average about one percent colder than last year - with potential fuel "supply issues" in cases of severe weather. On average, the EIA expects natural gas bills to rise by five percent, home heating oil by 20 percent and electricity by three percent, the agency said in its latest Winter Fuels Outlo ... read more |
Trump not keen to limit Saudi arms sales amid Khashoggi probeWashington (AFP) Oct 11, 2018 US President Donald Trump said Thursday he was not yet prepared to limit arms sales to Saudi Arabia over journalist Jamal Khashoggi's disappearance, but he faced mounting pressure from concerned American lawmakers. ... more
OPEC: Venezuelan, Iranian monthly oil production down in SeptemberWashington (UPI) Oct 11, 2018 Oil production in Venezuela, a country with the world's biggest reserves, reached a new low in September as it goes through political and economic instability, declining 3.4 percent in September from August. ... more
Oil prices plummet with stock market; Trump doubles down on Iran oil sanctionsWashington (UPI) Oct 11, 2018 Crude oil prices continued to fall along with the stock market Thursday while President Donald Trump had strong words for countries that ignore U.S. oil sanctions. ... more
Murphy takes over Petrobras Gulf of Mexico assets in $1.1B JV dealWashington (UPI) Oct 11, 2018 Murphy Oil has taken over Petrobras's Gulf of Mexico assets in a joint-venture accord that included $1.1 billion in payments for an 80 percent participation. ... more |
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| Previous Issues | Oct 11 | Oct 10 | Oct 09 | Oct 08 | Oct 05 |
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Total, Saudi Aramco sign accord to build petrochemical complexWashington (UPI) Oct 9, 2018 France's Total and Saudi Aramco inked an accord for the front-end engineering and design of a new petrochemical plant in an eastern province of Saudi Arabia. The agreement represents a $5 billion investment, and it is scheduled to start operating in 2024. ... more
UN, AU ask S.Sudan's warring sides to deliver on peace dealJuba (AFP) Oct 9, 2018 The United Nations and African Union on Tuesday called on South Sudan's warring parties to take concrete steps to implement the latest peace deal signed last month. ... more
Gas prices highest in four years for fall seasonWashington (UPI) Oct 9, 2018 Gasoline prices have on average gained 3 cents on the week, rising to $2.91 per gallon, despite moves to a cheaper winter blend - and the current levels, highest for a fall period in four years, are likely to remain "unseasonably expensive" through the end of the year, the AAA reported. ... more
Russia minister considers joining OPEC unnecessary, unreasonableWashington (UPI) Oct 9, 2018 Russia's Energy Minister Alexander Novak considers unnecessary for the country to join the Organization of Petroleum Exporting Countries, or OPEC, as the current relationship makes it possible to reach accords while avoiding "legal obligations". ... more
Crude oil prices tick up as Hurricane Michael targets the Florida panhandleWashington (UPI) Oct 9, 2018 Oil prices were up in mid-day trading Tuesday as Hurricane Michael barrels toward the Florida panhandle. ... more |
![]() BP, Exxon, Equinor prep production platforms in Gulf ahead of Michael
Exxon Mobil gives $1 mn to lobby for US carbon taxNew York (AFP) Oct 9, 2018 Exxon Mobil said Tuesday it would spend $1 million to support a US lobbying campaign behind a carbon tax, boosting an initiative that faces long odds in Washington in the near-term ... more |
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Italy's ENI signs accord with BP, Libya to take over EPSA operationWashington DC (SPX) Oct 09, 2018 Italian oil major Eni on Monday signed an accord with BP and Libyan officials under which Eni will get a 42.5% interest in an exploration and operation sharing agreement in the North African country, as well as become operator of an area where exploratory activities were suspended four years ago. ... more
French prosecutor demands hefty fine for cruise ship pollutionMarseille (AFP) Oct 8, 2018 French prosecutors called for a 100,000-euro fine against a US cruise ship captain and the vessel's owners for having deliberately flouted European air pollution limits. ... more
Iran moves against banking isolation as it faces crude oil sanctionsWashington (UPI) Oct 8, 2018 Iran took a step to combat banking isolation that could hamper any future dealings with nations that currently buy its oil, the country's state agency reported. ... more
U.S. could issue waivers for Iran crude; oil prices dip MondayWashington (UPI) Oct 8, 2018 Oil prices were down Monday morning on reports that the United States could issue waivers for countries to continue importing Iranian crude. ... more
Race to clean up oil spill after cargo ships collide off CorsicaMarseille (AFP) Oct 8, 2018 French and Italian civil and military teams were working to contain a spreading oil spill in the Mediterranean Monday after a container ship collision off the island of Corsica that prompted France to launch an investigation into "maritime pollution". ... more |
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Sebigas Awarded For The Construction Of The Biggest Biogas Plant In The Americas Guariba, Brazil (SPX) Oct 12, 2018
SEBIGAS, Italian leader in the design and construction of biogas plants since 2008, thanks to its Brazilian branch, Sebigas Do Brasil, has been awarded from Raizen-Geo for the construction of a 17.5 MW biogas plant located in the city of Guariba, Sao Paulo State. An important success obtained also thanks to the cooperation with local partner Cotica, important engineering and construction company ... more |
ASU researcher innovates solar energy technology in space Tempe AZ (SPX) Oct 08, 2018
Experts predict that by 2050 we're going to have global broadband internet satellite networks, in-orbit manufacturing, space tourism, asteroid mining and lunar and Mars bases.
More than a gigawatt of solar energy will be needed to power these activities, or the equivalent of 3.125 million photovoltaic panels. However, because it is currently the most expensive component on a satellite, sci ... more |
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Ingeteam opens new high-tech production facility for electrical wind turbine components in India Madrid, Spain (SPX) Oct 12, 2018
Ingeteam reports it has opened a new facility in the vicinity of Chennai to satisfy the demand for wind power converters and control cabinets by both local and international OEMs with operations in India.
Located in the Tamil Nadu region, Ingeteam's new 3,500m2 facility is equipped with state-of-the-art production technology. The production plant in India will manufacture electrical compon ... more |
US curbs China nuclear exports as Trump warns Americans not 'stupid' Washington (AFP) Oct 11, 2018
The United States said Thursday that it will increasingly restrict civilian nuclear exports to China as President Donald Trump vowed a hard line on trade, bluntly warning not to think Americans are "stupid."
The US Energy Department said it would make it more difficult to ship nuclear technology to China, one of the few growing markets for new plants as the Asian economy tries to meet rising ... more |
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Cost of climate-linked disasters soars: UN Geneva (AFP) Oct 10, 2018 The economic cost of climate-related disasters hit $2.25 trillion over the last two decades, an increase of more than 150 percent compared to the previous 20 years, the UN said Wednesday.
The United Nations Office for Disaster Risk Reduction (UNISDR) noted that "climate change is increasing the frequency and severity of extreme weather events" such as floods and storms.
Between 1978-1 ... more |
To crash or swerve? Study reveals which actions taken by self-driving cars are morally defensible Herndon VA (SPX) Oct 10, 2018
A crash by one of Uber Technologies, Inc.'s self-driving cars earlier this year resulted in the first pedestrian death associated with self-driving technology. The incident highlighted the challenges technology companies are facing in developing software that can adequately detect and respond to hazards in the road and immediate surroundings.
The vehicle could have come to a complete stop ... more |
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Kurdish, Iraqi forces arrest IS financiers: coalition Washington (AFP) Oct 11, 2018
Ten members of a key financial network for the Islamic State network have been arrested in Iraq, the US-led coalition fighting the jihadists announced Thursday.
Iraqi commandos and Kurdish counter-terrorism forces arrested the members of the al-Rawi network in operations October 7-9 in Baghdad and Erbil in northern Iraq, the coalition said in a statement.
According to the coalition comm ... more |
China, Russia push to ease N. Korea sanctions as Seoul mulls options Seoul (AFP) Oct 11, 2018
China and Russia have backed easing sanctions on Pyongyang "at an appropriate time", as South Korea's foreign minister said Seoul was mulling lifting its own measures, threatening cracks in global restrictions on the nuclear-armed North.
Pyongyang is sanctioned under multiple UN Security Council resolutions over its weapons programmes and has repeatedly called for the measures to be loosened ... more |
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Human rights situation 'dire' in China: US Congress Washington (AFP) Oct 10, 2018
China is undertaking unprecedented repression of its ethnic minorities including Muslim Uighurs, with authoritarian tactics potentially constituting "crimes against humanity" as human rights conditions deteriorate, a damning US congressional report released Wednesday concluded.
The bipartisan Congressional-Executive Commission on China said in its annual report repression has worsened in rec ... more |
Hunting a shadowy armed militia in DR Congo's 'triangle of death' Beni, Dr Congo (AFP) Oct 10, 2018 "I am always anticipating an attack," says South African soldier Maijeke of how it feels to be in DR Congo's "triangle of death", where he is part of a UN peacekeeping force helping the Congolese army hunt down a militia group that is slaughtering civilians.
There has been a recent spike in violence in this volatile eastern region of the Democratic Republic of Congo blamed on the Allied Demo ... more |
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Pentagon grounds global fleet of F-35s after crash Washington (AFP) Oct 11, 2018
The Pentagon grounded the global fleet of F-35 stealth fighters Thursday so that engineers could conduct urgent inspections following the first ever crash of the costliest plane in history.
Preliminary data from a Marine Corps F-35B that was completely destroyed in a South Carolina crash last month showed a potential problem with a fuel tube, officials said.
"The US services and interna ... more |
Bali batik: IMF meets in Indonesia Nusa Dua, Indonesia (AFP) Oct 11, 2018
The world's financial elite are gathering in the Indonesian holiday island Bali for talks with trade spats and emerging markets crises topping the agenda.
Here are some facts and figures about the high-level gathering:
- Quakes, tsunamis, volcanoes -
Disaster-prone Indonesia is no stranger to earthquakes and volcanic eruptions as the sprawling archipelago sits along the Pacific "Ri ... more |
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British NATO troops to show post-Brexit 'commitment' Hook Of Holland, Netherlands (AFP) Oct 10, 2018 A convoy of British troops landed in The Netherlands on Wednesday en route to NATO's largest exercise since the Cold War, pledging London's commitment to defend the continent despite Brexit.
The contingent of some 150 soldiers on board 71 military vehicles rolled off a civilian passenger ferry in the Hook of Holland port after travelling overnight from Harwich.
They are embarking on the ... more |
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Increase in plastics waste reaching remote South Atlantic islands London, UK (SPX) Oct 11, 2018
The amount of plastic washing up onto the shores of remote South Atlantic islands is 10 times greater than it was a decade ago, according to new research published (8 October) in the journal Current Biology.
Scientists investigating plastics in seas surrounding the remote British Overseas Territories discovered they are invading these unique biologically-rich regions. This includes areas t ... more |
Morocco navy fires on migrant boat, wounding one Rabat (AFP) Oct 10, 2018
The Moroccan navy opened fire on a boat transporting migrants from the North African country, wounding one of them, a military source said on Wednesday.
Despite warning shots, "the motorboat that was carrying 58 migrants hidden under tarpaulin made a hostile move which forced the coastguard to fire at the captain," said the source in Rabat, who spoke on condition of anonymity.
One of the ... more |
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