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Environment News Headlines – Yahoo! News UK
By Simon Falush LONDON (Reuters) – Oil slid on Thursday, dented by record U.S. crude inventories at the Cushing delivery point, worries about the demand outlook, and as Goldman Sachs said prices would remain low and volatile until the second half of the year. In a sign that producers are still competing for market share by lowering prices, Iran offered its crude to Asia at a discount to rival OPEC producer Saudi Arabia. U.S. West Texas Intermediate (WTI) crude futures were at $26.76 per barrel, down 69 cents and not far off the $26.19 intraday low hit in January that was their weakest price since 2003.
Posted on 11 February 2016 | 9:32 am
By Bate Felix and Karolin Schaps PARIS/LONDON (Reuters) – Record upstream production and high refining margins in Europe helped Total report better-than-expected fourth-quarter net profit but the company said it planned to cut costs and reduce spending further due to prolonged low oil prices. Total, like peers, has seen revenue and profit shrink as oil prices have fallen by about 70 percent since mid-2014 because of global oversupply and slow economic growth. Total said on Thursday that it did not plan to cut jobs.
Posted on 11 February 2016 | 9:06 am
The chief of Japan's shuttered Fukushima nuclear power plant warned Wednesday that the biggest risk the crippled facility faces is another major earthquake and tsunami — though insisted the chaos of nearly five years ago won't be repeated.
Posted on 10 February 2016 | 9:33 pm
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) – The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects forcing down premium rates and income in a market that was already crowded. Insurers forecast income could dive by 20 percent or more, possibly forcing some players to quit the energy part of a business that has attracted new entrants hoping for better returns during the era of ultra-low interest rates. While most energy companies renew their policies in the first half of the year, the effects of the worst oil downturn in decades are already being felt by insurers and reinsurers, who take on a share of the risk in return for part of the premium.
Posted on 10 February 2016 | 4:04 pm
By Margarita Papchenkova, Darya Korsunskaya and Elena Fabrichnaya MOSCOW (Reuters) – Russia is running out of options to plug a yawning hole in its budget – and steps unthinkable before oil prices began to plunge 20 months ago are now being considered. Two senior financial officials told Reuters that authorities were discussing the possibility of calculating rouble rate levels against the dollar that could compensate for some budget losses caused by tumbling oil export revenues by preventing the rouble from strengthening too much. The pace and volumes in which it carries out foreign exchange transactions can affect the strength of the rouble.
Posted on 10 February 2016 | 4:02 pm
By Nina Chestney LONDON (Reuters) – Renewable energy will grow more quickly than forecast and provide around 15 percent of world power generation by 2035, oil company BP said on Wednesday. Renewables, including biofuels and wind power, are projected to increase at a rate of 6.6 percent per year, boosting their share of the total primary energy mix to 9 percent by 2035, up from 3 percent now, BP said in its annual Energy Outlook 2035. Renewable energy production was 354.6 million tonnes of oil equivalent in 2015 and will rise to 1,359.4 million tonnes by 2035, it added.
Posted on 10 February 2016 | 3:49 pm
By Ron Bousso LONDON (Reuters) – U.S. shale oil production will double over the next 20 years as drillers that became more efficient amid a slump in oil prices unlock new resources, British energy giant BP said on Wednesday. In its industry benchmark 2035 Energy Outlook, BP forecast global demand for energy to increase by 34 percent, driven by growth in the world population and economy, with the share of oil declining in favour of gas and renewables. U.S. shale or tight oil production using fracking technology was a key driver behind global supply growth in recent years.
Posted on 10 February 2016 | 3:01 pm
By Noah Browning DUBAI (Reuters) – Elderly Hamama Yousif was rushed to the main hospital in one of Yemen's largest cities after an artillery round lashed her chest with shrapnel, only to find that the doctors there had run out of the oxygen tanks needed to save her life. In a video captured by local news station Yemen Youth TV, worried relatives carry her, still talking, to almost every clinic and hospital in the war-torn city of Taiz – none had any oxygen – until motionless and dead, she was finally taken to the morgue. Once known as "Arabia Felix" or happy Arabia, Yemen has been disfigured by 10 months of war into one of the worst humanitarian crises in the world, where over half the population faces hunger and not even hospitals are spared.
Posted on 10 February 2016 | 3:00 pm
A strange and sudden buckling of the earth in Michigan five years ago is now being explained as a limestone bulge, researchers reported today (Feb. 9). The upheaved rock and soil was discovered after a deep boom thundered through the forest near Birch Creek on Michigan's Upper Peninsula, north of Menominee.
Posted on 10 February 2016 | 1:04 pm
Such an impact on land (as opposed to at sea) could cause average global temperatures to plunge to ice age levels and lead to steep drops in precipitation and plant productivity, among other effects, researchers said. "These would not be pleasant times," Charles Bardeen, of the National Center for Atmospheric Research in Boulder, Colorado, said in December during a presentation at the annual fall meeting of the American Geophysical Union (AGU) in San Francisco. Bardeen and his colleagues modeled what would happen to Earth's climate if a 0.6-mile-wide (1 kilometer) space rock plowed into one of the planet's landmasses.
Posted on 10 February 2016 | 12:16 pm
Green News – Environment and climate change news
Earth news from Telegraph Earth – your source for environment and green news and environment and green issues, with information on farming, climate change, global warming, pollution, green living and recycling, and all other environment issues.
Today: A posing ostrich, spectacular sunsets and Ipanema beach
Posted on 12 October 2015 | 2:06 pm
Controversial report claims shooting is placing thousands of children at risk of brain damage because of eating game killed with lead ammunition
Posted on 11 October 2015 | 7:00 am
All creatures great and small in our ever popular animal gallery
Posted on 10 October 2015 | 10:37 am
A rutting stag, a rocket launch and New York Comic Con
Posted on 9 October 2015 | 2:10 pm
In pics: Funny photos of lazy hitchhiking animals
Posted on 9 October 2015 | 9:15 am
Conditions in the UK in the coming weeks will increase the chances of seeing the Northern Lights
Posted on 8 October 2015 | 12:46 pm
Experts have warned that toxic land will go untreated as funding for contamination clean-up dries up
Posted on 8 October 2015 | 10:58 am
A superhero window cleaner, the northern lights and a baby gorilla
Posted on 8 October 2015 | 8:10 am
Photographer explores toxic towns contaminated in nuclear disaster
Posted on 7 October 2015 | 12:31 pm
A yawning snow leopard, a giant pumpkin and Dave prepares his speech
Posted on 7 October 2015 | 9:40 am
Earth & Climate News — ScienceDaily
A geologic event known as diking can cause strong earthquakes — with a magnitude between 6 and 7, according to an international research team. Diking can occur all over the world but most often occurs in areas where Earth’s tectonic plates are moving apart, such as Iceland, Hawaii and parts of Africa in the East African Rift System.
Posted on 10 February 2016 | 10:01 pm
Understanding the complex geological processes that form supervolcanoes could ultimately help geologists determine what triggers their eruptions. A new study using an advanced computer model casts doubt on previously held theories about the Yellowstone supervolcano’s origins, adding to the mystery of Yellowstone’s formation.
Posted on 10 February 2016 | 6:53 pm
A 10-year collaborative project has discovered how the Atlantic molly is able to live in toxic hydrogen sulfide water. These fish live in caves and springs throughout Mexico and thrive in water so toxic that most forms of life die within minutes.
Posted on 10 February 2016 | 6:52 pm
When water interacts with magma, it can dramatically increase the explosivity of the eruption. However, water in the eruption cloud can also increase the rate at which the particles aggregate into larger clumps, allowing them to settle out faster. The five-week-long 2008 Okmok eruption in the Aleutian Islands of Alaska was explosive due to the interaction of the magma with the abundant water inside the caldera.
Posted on 10 February 2016 | 6:52 pm
The ocean’s power to rein in carbon and protect the environment is vast but not well-understood. But now, an international team of scientists has begun to illuminate how the ocean plucks carbon from the atmosphere, where it contributes to global warming, and shuttles it to the bottom of the sea.
Posted on 10 February 2016 | 6:48 pm
Radical ways of removing CO2 from the atmosphere could prove to be a risky business — according to an environmental scientist. Techniques put forward include growing crops to be burned in power stations, large-scale tree plantations, adding biochar to soil and using chemicals to extract CO2 from the atmosphere. But most, if not all, of these methods pose environmental risks.
Posted on 10 February 2016 | 6:48 pm
One in two tree species in the Amazon could be endangered. Experts have revealed that, according to the predicted deforestation scenarios, 36% to 57% of Amazonian species are at risk of disappearing, i.e. up to 8,700 species out of the 15,000 estimated during the first inventory of the Amazonian Basin, published two years ago.
Posted on 10 February 2016 | 4:17 pm
A bed of fossilized, methane dependent clams has for the first time been observed in the high Arctic. It tells the story of a thousand year long methane release event.
Posted on 10 February 2016 | 4:13 pm
Researchers have developed software enabling drones to autonomously detect and follow forest paths. With the new drones, missing persons can be found and rescued quickly in forests and mountain areas.
Posted on 10 February 2016 | 4:08 pm
Considerably more of the fossil record of creatures such as mammoths, mastodons, camels, horses and ground sloths has been lost in what is now the continental United States and South America than in Alaska and areas near the Bering Strait.
Posted on 10 February 2016 | 4:06 pm