OIL

10,863 articles

Momentum builds behind giant Australian oil and gas prospect
May 23, 2018 (UPI)
Melbana Energy Ltd., which is a partner in the Beehive prospect alongside French supermajor Total and Australian energy giant Santos, said the Australian enviro...
Santos rejects takeover offer from U.S.-based Harbour Energy
May 22, 2018 (UPI)
The Australian subsidiary of Harbour last week offered $4.98 (USD) per share for an all-stock takeover of Santos. The Australian company said Monday it was revi...
British Columbia sues Alberta in escalating Canada pipeline row
May 22, 2018 (AFP)
British Columbia filed a statement of claim in Alberta's Court of Queen's Bench seeking an injunction and damages should the latter move to throttle energy ship...
Supply-side triple shock sends oil prices higher
May 22, 2018 (UPI)
Crude oil prices rallied early Monday after U.S. Secretary of State Mike Pompeo vowed to tighten the sanctions noose on Iran. Pompeo's address, the first since ...
Texas energy sector wants steel tariff relief
May 22, 2018 (UPI)
President Donald Trump in April signed off on a 25 percent tariff on steel imports and a 10 percent tariff for aluminum, rattling the nerves of those in the dom...
Gas prices could be impacting U.S. travel plans
May 22, 2018 (UPI)
Motor club AAA reported a national average retail price of $2.93 for a gallon of regular unleaded gasoline on Tuesday, up 17.5 cents from one month ago. By AAA'...
Alaska sees LNG potential with Chinese trade mission
May 22, 2018 (UPI)
Alaska Gov. Bill Walker arrived in China with dozens of business leaders in tow for a trade mission. With weekend negotiations leading at the federal levels to ...
Iran boasts of higher oil revenue
May 22, 2018 (UPI)
Mohammad Bagher Nobakht, a spokesman for the government in Tehran, said the country's oil income nearly doubled from last year because of spikes in crude oil pr...
Russia may revisit inflation targets
May 21, 2018 (UPI)
In late March, Central Bank Gov. Elvira Nabiullina said inflation in the Russian economy is on course for a new low in the second quarter, but should be around ...
Australia's Santos mulling sweeter offer from Harbour
May 21, 2018 (UPI)
The Australian subsidiary of Harbour last week offered $4.98 (USD) per share for an all-stock takeover of Santos. The Australian company said Monday it was now ...
Five dead in attack on Afghan pipeline project
May 21, 2018 (UPI)
Khaama Press reported that five people were killed by area militants while conducting de-mining operations for the so-called TAPI pipeline in southern Kandahar ...
Study finds no evidence of natural gas from fracking in Ohio drinking water
May 21, 2018 (SPX)
Geologists with the University of Cincinnati examined drinking water in Carroll, Stark and Harrison counties, a rural region in northeast Ohio where many reside...
Oil prices caught between U.S. policies on Iran, China
May 21, 2018 (UPI)
After a weekend of trade work, U.S. Treasury Secretary Steven Mnuchin said tensions between the two largest economies in the world were easing after tit-for-tat...
British lawmakers take up fracking policy
May 21, 2018 (UPI)
Dominic Raab, the British minister for local governance, and Claire Perry, the minister for energy and clean energy, take up the session late Monday (GMT) to co...
Iran expects oil production challenges
May 21, 2018 (UPI)
Iranian Oil Minister Bijan Zangeneh met during the weekend with European Climate Action and Energy Commissioner Miguel Arias Cañete to discuss continuing a rel...
Contract sets clock running for new Norwegian production
May 18, 2018 (UPI)
One of the major assets for Neptune is the Gjøa field in the Norwegian waters of the North Sea. For an undisclosed sum, Neptune awarded Norwegian construction ...
API: Economics, not necessarily risk, are driving oil prices
May 18, 2018 (UPI)
The price for Brent crude oil, the global benchmark, is up 4.5 percent, or $4.75 per barrel, since U.S. President Donald Trump left an Iranian nuclear deal with...
China stands to gain in Iran after US quits nuclear deal
May 18, 2018 (AFP)
China, which is already Iran's top trade partner and one of its biggest buyers of crude, has signalled that it intends to keep working with the Islamic regime d...
Evaluating active pressure management of induced earthquakes
May 18, 2018 (SPX)
The experiments conducted by Lawrence Livermore National Laboratory researcher Kayla Kroll and her colleagues were prompted by a recent spike in induced earthqu...
Riyadh works to allay India's concerns about oil prices
May 18, 2018 (UPI)
Saudi Energy Minister Khalid al-Falih said he made a telephone call to his Indian counterpart, Dharmendra Pradhan, to discuss the situation in the global oil ma...
Buy Advertising About Us Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.