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  Washington DC (UPI) Oct 15, 2018 Saudi Arabia has enough spare capacity to cover potential disruptions and will continue to use it, the country's Energy minister Khalid Al-Falih said Monday during an industry event in India amid market concern about the consequences of any potential U.S. sanction. At the same time, Saudi Arabia has expressed "its total rejection of any threats" following U.S. President Donald Trump's comments that the kingdom could face severe punishment if there is any proof that the Saudi government was behi ... read more |
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Chinese companies said to be planning a $2B refinery in IranWashington DC (UPI) Oct 15, 2018 Chinese companies have offered to invest $2 billion to build a refinery in a northern region of Iran located in the southern shores of the Caspian Sea, according to an Iranian news agency report. ... more 
Crude oil prices cool down after volatile morning with Saudi ArabiaWashington DC (UPI) Oct 15, 2018 Crude oil futures went for a wild ride in European trading Monday but settled down before U.S. markets opened, in part because U.S. President Donald Trump and Saudi Arabia are talking again. ... more 
E.Guinea strongman hands out top military posts to familyMalabo, Equatorial Guinea (AFP) Oct 15, 2018 Equatorial Guinea's President Teodoro Obiang Nguema, who has ruled the small, oil-rich state with an iron fist since 1979, has appointed several members of his family to top military positions. ... more 
Mubadala Group delays stock offer for Cepsa due to market 'instability'Washington DC (UPI) Oct 15, 2018 The Abu Dhabi-based Mubadala group cited "markets instability" as it on Monday delayed selling a 25 percent stake in the Spain-based oil company Cepsa, a multinational that is highly exposed to crude oil prices - and which coincidentally also suffered a refinery fire on Monday. ... more |
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| Previous Issues | Oct 15 | Oct 12 | Oct 11 | Oct 10 | Oct 09 |
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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 
US should brace for higher heating bills, potential supply issuesWashington (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. ... 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 
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 |
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 Oil prices plummet with stock market; Trump doubles down on Iran oil sanctions 
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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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
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 
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 
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 |
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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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 Moscow, Russia (SPX) Oct 16, 2018 
Scientists from Russia, China, and the United States predicted and experimentally identified new uranium hydrides, predicting superconductivity for some of them. The results of their study were published in Science Advances.
The phenomenon of superconductivity was discovered in 1911 by a group of scientists led by Dutch physicist Heike Kamerlingh Onnes. Superconductivity means complete dis ... more |
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 London, UK (SPX) Oct 15, 2018 
Century-scale climate variability was enhanced when the Earth was warmer during the Last Interglacial period (129-116 thousand years ago) compared to the current interglacial (the last 11,700 years), according to a new UCL-led study.
The findings, published in Nature Communications and funded by the Natural Environment Research Council (NERC) and the Australian Research Council (ARC), reve ... 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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 Damascus (AFP) Oct 15, 2018 
A border crossing between Syria and Iraq is to re-open soon, Damascus and Baghdad's top diplomats said Monday, hours after other Syrian frontier posts reopened with Jordan and the Israeli-occupied Golan.
"We are now looking at the interest of the Syrian and Iraqi people in opening up the Albu Kamal crossing... as soon as possible," Syrian Foreign Minister Walid Muallem said at a press confer ... more |
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 Paris (AFP) Oct 15, 2018 
South Korean President Moon Jae-in said Monday that world powers needed to reassure North Korea's Kim Jong Un that he had taken the right decision in committing to scrap his nuclear weapons programme.
Moon, who has met Kim three times this year, is on a seven-day tour of Europe where he is expected to update leaders in Paris, Rome and Brussels on the rapidly thawing relations between Seoul a ... more |
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 Hong Kong (AFP) Oct 12, 2018 
An ousted Hong Kong pro-democracy lawmaker was Friday barred from trying to win back her seat because of her support for self-determination, in the latest blow to the city's democrats.
Lau Siu Lai - who was unseated from the legislative council in 2016 for failing to properly take her oath in protest at Beijing - was barred by electoral authorities from running in a by-election scheduled f ... more |
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 Banjul, Gambia (AFP) Oct 15, 2018 
The tiny West African state of The Gambia on Monday swore in an 11-member commission tasked with shedding light on summary executions, disappearances, torture, rape and other crimes under ousted dictator Yahya Jammeh.
President Adama Barrow hailed the panel as a vital step towards national healing.
In a tweet, he said: "Let us stand together to say: 'Never again shall a few people oppres ... 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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 Hanoi (AFP) Oct 16, 2018 
The United States is alarmed by China's increasingly muscular military presence and "predatory economic practices" towards smaller countries in Asia, defence chief James Mattis has said on his way to the region.
Speaking as he flew out for a diplomatic tour that will take him to Vietnam and Singapore, the US Defense Secretary said Washington was not trying to hold back its Pacific rival. ... 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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 New Delhi (AFP) Oct 15, 2018 
Delhi's biggest coal power plant was set to shut down Monday as a new emergency plan to improve air quality in one of the world's most polluted cities came into force, Indian officials said.
Under the new strategy, restrictions on construction sites and traffic will be imposed depending on the air quality in the megacity of some 20 million people.
When the air is classed as "poor", as it ... 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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