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  Washington (UPI) Oct 12, 2018 Brent prices fell nearly $5 a barrel in two days as oil prices recoil from a Wall Street selloff. On Friday, prices ticked up slightly from Thursday's lows. Brent gained 16 cents Friday to trade at $80 a barrel in mid-day trading Friday. WTI rose 53 cents to $71. Just a week ago, Brent prices hit $86 a barrel, the highest price in nearly four years. There are also signs that demand is dropping as U.S. crude oil stockpiles rose 6 million barrels while gasoline inventories ro ... read more |
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Mexican legislators question top energy officials over corruption, reformWashington (UPI) Oct 12, 2018 Representatives of diverse political groups in the Mexican Congress questioned the top energy officials in Mexico over corruption linked to alleged Odebrecht bribing, organized fuel theft, declining investment, as well as about potential loss of sovereignity related to the energy reform. ... more 
High energy prices threaten economic damage, but likely to continue: IEAWashington (UPI) Oct 12, 2018 Expensive energy, including the prices of oil, gas and coal at "multi-year" highs, pose a threat to economic growth worldwide, particularly to emerging market economies that are also seeing depreciations of their currencies, the International Energy Agency said Friday. ... more 
One-third of Gulf oil output remains 'shut-in' two days after MichaelWashington (UPI) Oct 12, 2018 Some hydrocarbon producers that evacuated facilities and suspended extraction in the Gulf of Mexico ahead of Hurricane Michael had not yet fully restarted operations as of noon on Friday. ... more 
Fracking to begin in Britain after court rulingLondon (AFP) Oct 12, 2018 Energy company Cuadrilla will begin fracking Britain's first horizontal shale-gas well on Saturday after the High Court in London dismissed a last-minute request for an injunction by environmentalists. ... more |
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| Previous Issues | Oct 12 | Oct 11 | Oct 10 | Oct 09 | Oct 08 |
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Crude oil prices slip as Hurricane Michael hits the Florida PanhandleWashington (UPI) Oct 10, 2018 Crude oil prices plummeted again Wednesday morning despite Hurricane Michael lashing the Florida coast as a Category 4 storm. ... more 
Pemex: Shallow water discovery may add 180 million barrels in reservesWashington (UPI) Oct 10, 2018 Mexican state oil company Pemex has confirmed discoveries of light crude oil in the country's southeast basin that could add up to 180 million barrels to its proven, probable and possible reserves of barrels of oil equivalent. ... more 
Sierra Leone scraps project for Chinese-built airportFreetown (AFP) Oct 11, 2018 Sierra Leone has scrapped a $400-million (347-million-euro) scheme for a Chinese-built airport, saying the project was too costly, but Beijing sought to dismiss the concerns on Thursday. ... more 
BP expects 25 percent lower oil prices after period of volatilityWashington (UPI) Oct 10, 2018 BP plans on oil prices 25 percent below current levels after short volatility period, their CEO said on Wednesday. ... more 
Bullish on natural gas, Shell announces new North Sea investmentWashington (UPI) Oct 10, 2018 Shell United Kingdom Ltd. announced on Wednesday an investment decision in the North Sea to develop a gas field, just a day after Royal Dutch Shell CEO said the group was bullish regarding expectations of natural gas demand growth. ... more |
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 Total, Saudi Aramco sign accord to build petrochemical complex 
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  |
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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 MichaelWashington (UPI) Oct 9, 2018 BP has shut production at four platforms located near the potential path of Hurricane Michael, and Equinor and ExxonMobil cut staff to a minimum and evacuated rigs, as it moves into the northern Gulf of Mexico with an expected Wednesday landfall. ... more 
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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 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 |
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 Osaka, Japan (SPX) Oct 12, 2018 
Perovskites form a group of crystals that have many promising properties for applications in nano-technology. However, one useful property that so far was unobserved in perovskites is so-called carrier multiplication - an effect that makes materials much more efficient in converting light into electricity.
New research performed in collaboration between the University of Amsterdam (UA) and ... more |
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 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 |
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 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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 Oslo, Norway (SPX) Oct 12, 2018 
The countries of the world still need to cut their carbon dioxide emissions to reach the Paris Agreement's climate targets, especially if that target is now 1.5 C instead of 2 C. Relying on tree planting and alternative technological solutions such as geoengineering will not make enough of a difference.
"We can't rely on geoengineering to meet the goals of the Paris Agreement," says Helene ... more |
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 Washington DC (SPX) Oct 12, 2018 
Inspired by the visual system of the mantis shrimp - among the most complex found in nature - researchers have created a new type of camera that could greatly improve the ability of cars to spot hazards in challenging imaging conditions.
The new camera accomplishes this feat by detecting a property of light known as polarization and featuring a dynamic range about 10,000 times higher than ... more |
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 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 |
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 Seoul (AFP) Oct 12, 2018  South Korean President Moon Jae-in called Friday on the United States to move towards the nuclear-armed North's demands for a declaration the Korean War is over, as the allies pursue increasingly different approaches towards Pyongyang.
Washington has shied away from a formal announcement that the 1950-53 conflict, when hostilities ceased with an armistice rather than a peace treaty, has ende ... more |
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 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 |
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 Kano, Nigeria (AFP) Oct 13, 2018 
Nigerian troops have foiled an attempt by Boko Haram fighters to overrun a military base in the restive northeast leaving six soldiers wounded, the army said on Saturday.
Troops "successfully repelled (a) Boko Haram terrorist attack" on a base in the town of Arge in Borno state on Friday, army spokesman Texas Chukwu said in a statement.
"Several members of the Boko Haram terrorists wer ... more |
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 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 |
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 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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 Beijing (AFP) Oct 12, 2018 
Shinzo Abe will pay the first visit to China by a Japanese prime minister since 2011 later this month, Beijing announced Friday, in the latest sign of warming ties between the rivals.
Abe will visit from October 25 to 27 and mark the 40th anniversary of the Treaty of Peace and Friendship between the two nations, said Chinese foreign ministry spokesman Lu Kang.
The visit will "elevate our ... more |
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 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 |
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 Nusa Dua, Indonesia (AFP) Oct 14, 2018 
The World Bank on Sunday announced funding of up to $1 billion for Indonesia after it was rocked by a string of recent disasters, including a deadly earthquake-tsunami that killed thousands.
CEO Kristalina Georgieva unveiled the funds at Indonesian holiday island Bali, where the Bank and the International Monetary Fund have been holding their annual meetings.
A 7.5-magnitude quake and a ... more |
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