OIL - AFRICA DAILY

Mar 20, 2018 (UPI)

Kinder Morgan plans to expand the pipeline network to the western coast of Canada, tripling its design capacity to 890,000 barrels per day. Nearly all of the ex...

Living sensor can potentially prevent environmental disasters from fuel spills

Mar 20, 2018 (SPX)

The researchers are presenting their work at the 255th National Meeting and Exposition of the American Chemical Society (ACS). ACS, the world's largest scientif...

Gas prices in the U.S. officially hurt

Mar 20, 2018 (UPI)

Motor club AAA posts a national average retail price of $2.56 for a gallon of regular unleaded gasoline, that's almost 4 cents higher than last week and 27 cent...

Risk factor drives oil prices sharply higher

Mar 20, 2018 (UPI)

Crude oil prices were relatively subdued in Monday trading as U.S. crude oil production trends balanced the effort from the Organization of Petroleum Exporting ...

U.S. impact of Venezuelan sanctions muted

Mar 20, 2018 (UPI)

The U.S. Treasury Department followed through on an executive order signed by President Donald Trump by targeting a digital currency designed to maneuver around...

Bill Barrett, Fifth Creek form pure Colorado shale player

Mar 20, 2018 (UPI)

Shale energy company Bill Barrett Corp. completed its merger with Fifth Creek Energy and started trading Tuesday under the new symbol, HPR. "We have undergone a...

China energy firm CEFC says chairman will quit European role

Mar 20, 2018 (AFP)

"CEFC Europe was informed of a change being prepared in the shareholder structure where Ye Jianming will no longer be present as shareholder nor in company mana...

India confirms deaths of 39 workers abducted in Iraq

Mar 20, 2018 (AFP)

Sushma Swaraj told the upper house of parliament the workers had been murdered by IS. Their bodies had been found in the grave in the village of Badush northwes...

Statoil takes control over North Sea fields

Mar 20, 2018 (UPI)

Statoil said Tuesday it completed a transaction with Total that gives it a 70 percent stake in the Martin Linge oil and gas field in the Norwegian waters of the...

Total says its position in Iran is secure

Mar 19, 2018 (UPI)

CEO Patrick Pouyanné told Emirati newspaper The National that a gas development deal with Iran signed in July is protected from any new U.S. sanctions. "It's q...

OECD: Poland behind the energy curve

Mar 19, 2018 (UPI)

Polish Oil and Gas Co., known commonly as PGNiG, has started trying to book capacity on a planned natural gas pipeline linking Poland to Norway, which could go ...

Russia mulls fate of OPEC-led balancing act

Mar 19, 2018 (UPI)

Russia is the largest contributor to an effort steered by the Organization of Petroleum Exporting Countries to balance an oversupplied market that's not a membe...

Total next to take slice of Emirati pie

Mar 19, 2018 (UPI)

Total signed two 40-year concession agreements with state-owned Abu Dhabi National Oil. Co. that gives it a 20 percent stake in the Umm Shaif and Nasr concessio...

Energy at the heart of sustainable development, IEA says

Mar 19, 2018 (UPI)

"It is clear that the energy sector must be at the heart of efforts to lead the world on a more sustainable pathway," Fatih Birol, the executive director of the...

Oil prices down slightly, but lack clear direction

Mar 19, 2018 (UPI)

Crude oil prices shot up in Friday trading amid saber-rattling from Saudi Crown Prince Mohammed bin Salman against the kingdom's nemesis, Iran. That geopolitica...

Noble Group shares plummet on likely bond default

Mar 19, 2018 (AFP)

The former stock market darling, headquartered in Hong Kong and listed in Singapore, is currently an emaciated version of its once-mighty self after being hamme...

TransCanada latest to say FERC tax proposal won't matter

Mar 19, 2018 (UPI)

TransCanada said Monday it was reviewing a proposal last week from the U.S. Federal Energy Regulatory Commission to change how pipeline companies are taxed. The...

Turkish Cypriots vow to stand firm in island gas dispute

Mar 17, 2018 (AFP)

The confrontation over gas deposits has seen tensions soar between the Greek-majority Republic of Cyprus and the Turkish Cypriot authorities -- just as the two ...

Shell, ENI accused of negligence over Nigeria oil spills

Mar 16, 2018 (AFP)

Rights group Amnesty International said there were "reasonable doubts" about how the spills happened, suggesting corrosion rather than oil theft were behind the...

More oil coming from OPEC-member Angola

Mar 16, 2018 (UPI)

Eni and Angolan energy company Sonangol said Friday that production started at their joint deepwater Ochigufu project in Angola, which would add another 25,000 ...