OIL

10,863 articles

Spring gas prices could be the highest in two years
Mar 01, 2018 (UPI)
AAA lists a national average retail price of $2.54 for a gallon of regular unleaded on Thursday, an increase of 1 cent from yesterday, but 6 cents lower than on...
Winter Storm Emma strains British gas supplies
Mar 01, 2018 (UPI)
Utility company National Grid issued a warning early Thursday because of supply issues stemming from winter Storm Emma. The Met Office, the British weather serv...
Economy for oil-rich Alberta beats United States
Mar 01, 2018 (UPI)
"Economic growth continues to exceed expectations with 2017 GDP growth forecasts increasing for the third time and 2018 growth projected to be stronger," the pr...
Philippines says in talks with China state firm on joint sea exploration
Mar 01, 2018 (AFP)
The two countries have long been embroiled in a bitter dispute over their competing claims to the region -- with China claiming nearly the entire sea -- but Dut...
Shale-rich Oklahoma still facing seismic test
Feb 28, 2018 (UPI)
The U.S. Geological Survey recorded a 2.9-magnitude quake in Fairview, an area prone to heightened seismicity. Seismicity peaked in 2015, with more than 900 tre...
Seventh oil discovery made offshore Guyana
Feb 28, 2018 (UPI)
Exxon Mobil announced oil was discovered in the Pacora-1 exploration well offshore Guyana. "Pacora will be developed in conjunction with the giant Payara field,...
Repsol says last year was a record setter
Feb 28, 2018 (UPI)
Net income and adjusted net income, at $2.9 billion, were the highest level in six years. Its exploration and production business represented about 25 percent o...
Crude oil prices bounce back after supply-side jitters
Feb 28, 2018 (UPI)
Crude oil prices slipped into negative territory during the previous session on anticipation of swelling U.S. crude oil inventories. An early-week survey from c...
U.S. shale player EOG Resources outspending its peers
Feb 28, 2018 (UPI)
EOG allocates its capital across the U.S. shale sector, from the Bakken reserve in North Dakota to the Eagle Ford in Texas. Spending for 2018 should be in a ran...
Russian oil company Rosneft in the mix for northern Iraq
Feb 28, 2018 (UPI)
Iraqi Oil Minister Jabbar al-Luaibi met in Baghdad with the regional director of Russian oil company Rosneft to discuss opportunities in the Iraqi energy sector...
For energy experts, new method is a gas
Feb 28, 2018 (SPX)
"If you want to estimate the storage capacity of shale gas, you need to understand materials that store them," said Yun Liu, an affiliated associate professor o...
Global fossil fuel emissions of hydrocarbons are underestimated
Feb 27, 2018 (SPX)
Ethane and propane escape into the air from leaks during natural gas extraction and distribution, including from fracking - the process of drilling down into th...
Oil prices without traction as eyes focus on inventory levels
Feb 27, 2018 (UPI)
Crude oil prices moved in volatile territory on Monday, reacting to weekend commentary on production levels from Saudi Arabia and Friday reports of increased ex...
Saudi crown prince flexes muscle with military shake-up
Feb 27, 2018 (AFP)
A dramatic shake-up announced in royal decrees late Monday saw top brass, including the chief of staff and heads of the ground forces and air defence, replaced ...
More production from offshore Norway closer to reality
Feb 27, 2018 (UPI)
The Norwegian subsidiary of the German energy company said it awarded services companies Aker Solutions and Subsea 7 with contracts that combine for a value of ...
Football beats politics for fans ahead of Iraq, Saudi clash
Feb 27, 2018 (AFP)
On the eve of a friendly match between Iraq and Saudi Arabia on Wednesday that marks the return of international football to the city, Arkan and around a dozen ...
Quakes halt LNG production in Papua New Guinea
Feb 27, 2018 (UPI)
More than a dozen people were left dead after the island was hit with a 7.5-magnitude earthquake on Monday. Dozens of aftershocks were recorded Tuesday by the U...
Alberta envisions more oil in its pipelines
Feb 27, 2018 (UPI)
The provincial government of Alberta said it would back a process called partial upgrading with an eight-year, $780 million (USD) commitment starting in 2019. P...
Saudi king replaces top commanders in military shake-up
Feb 27, 2018 (AFP)
The monarch replaced the heads of the ground forces and air defences, as well as civilian officials including several deputy ministers, in a series of late-nigh...
Lower gas prices might not last
Feb 27, 2018 (UPI)
Motor club AAA reports a national average retail price of $2.52 for a gallon of regular unleaded gasoline on Tuesday, a slight decline from the previous day for...
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.