Tillerson Sees Qatar Crisis Lingering
U.S. Secretary of State Rex Tillerson said a dispute between a Saudi Arabian-led bloc and Qatar may last “quite a while” as the two sides still refuse to speak to Continue Reading
Shell Nigeria Declares Force Majeure On Nigerian Light Oil Exports
Shell’s Nigerian unit declared a force majeure on Bonny Light crude oil exports effective 12:00 local time on Thursday, just two weeks after it had lifted a previous force majeure Continue Reading
Exclusive: Chile energy minister sees low power prices falling further
Record low renewable energy prices in Chile are here to stay and will likely push power prices even lower, Chile’s energy minister told Reuters, a development that would pressure the Continue Reading
Venezuela’s crisis drains its foreign reserves
Venezuela’s foreign reserves have dropped below $10bn for the first time in 15 years as chronic mismanagement, corruption and subdued oil prices continue to batter what used to be the Continue Reading
ADB: Asia-Pacific ‘at the heart’ of climate risks
If left unchecked, climate change could lead to the loss of about $52 billion per year for the economies of the Asia-Pacific, the Asian Development Bank said. “The global climate Continue Reading
Tokyo Tech team develops low-cost germanium-free solid electrolyte for Li-ion batteries
Researchers at Tokyo Institute of Technology have devised a low-cost, scalable approach to developing all-solid-state batteries, improving prospects for scaling up the technology for widespread use in electric vehicles, communications Continue Reading
The Latest: Earthquakes rumble in central Oklahoma
The Latest on a series of earthquakes that struck central Oklahoma on Friday (all times local): 11:05 a.m. The U.S. Geological Survey says several earthquakes have struck north-central Oklahoma, including Continue Reading
U.S. drilling costs start to rise as rig count climbs: Kemp
U.S. oil and gas exploration and production companies are paying more to hire drilling rigs as the number of rigs still idle after the slump declines. Drilling costs were up Continue Reading
US Said to Stymie Japan’s Plan to Explore for Russian Oil
A Japanese group’s plans to explore for Russian oil with state-run Rosneft PJSC have been stymied by U.S. intervention over sanctions, according to people familiar with the matter. Washington’s objection Continue Reading
Electric Alice
Eviation’s Orca surveillance drone at 2017 Paris Air Show Israeli startup Eviation plans to build an all-electric short-haul 9-pax airliner capable of flights up to 600 miles and have it Continue Reading