OIL - AFRICA DAILY

Sep 27, 2017 (UPI)

The board of directors at the state-controlled company said Wednesday that Gazprom was the largest natural gas exporter in the world and the largest supplier to...

Texas energy sector okay after Harvey, Fed survey finds

Sep 27, 2017 (UPI)

Hurricane Harvey hit the southern coast of Texas and the largest density of refineries on the southern Gulf Coast in late August. By now, all of the refineries ...

Share value for giant Israeli gas field revised higher

Sep 27, 2017 (UPI)

Delek Drilling, an Israeli company, estimates Leviathan holds about 21.4 trillion cubic feet of natural gas, an estimate that's about 13 percent higher than whe...

LNG could be the answer for ASEAN

Sep 27, 2017 (UPI)

The ten Southeast Asian states that make up the bloc combine for $2.8 trillion in gross domestic product, which if united would make it the sixth largest econom...

Encana latest North American energy company to shake off Harvey

Sep 27, 2017 (UPI)

Chesapeake Energy started the week with a statement that third quarter production figures would be lower because of Harvey, which struck Texas in late August an...

Wood Mac: Non-OPEC resilience impressive

Sep 27, 2017 (UPI)

OPEC in January began sidelining the equivalent of about 2 percent of the global demand for oil in an effort to drain on the surplus for the five-year average i...

Sanchez Energy unfazed by Hurricane Harvey

Sep 27, 2017 (UPI)

"Despite the previously announced temporary suspension of completion operations due to Hurricane Harvey, strong well results across all of our western Eagle For...

French, Norwegian companies work on new operations off Brazil

Sep 27, 2017 (UPI)

For undisclosed terms, the company said it would help Norwegian energy company Statoil with new pipeline and production infrastructure at the Peregrino project ...

No luck in finding new oil in Barents Sea

Sep 27, 2017 (UPI)

The Norwegian Petroleum Directorate, the nation's energy regulator, published results Wednesday for a wildcat well drilled by the regional subsidiary of Italian...

Turkey upbeat about economic potential

Sep 27, 2017 (UPI)

The Central Bank of Turkey said last week that gross domestic product grew 5.1 percent annually and 2.1 percent during the second quarter. Deputy Prime Minister...

Chesapeake Energy revises outlook because of Hurricane Harvey

Sep 26, 2017 (UPI)

In the U.S. south, Chesapeake Energy has assets in the Eagle Ford shale basin in Texas and the Haynesville shale, situated mostly in Louisiana. Both states were...

Erase fracking regulations, industry tells Trump

Sep 26, 2017 (UPI)

"The industry recognizes that every energy-producing area has different geologic, topographic, and hydrologic conditions, which is why the states are far more e...

Strongman Haftar bolsters stature as key Libya player

Sep 26, 2017 (AFP)

Forces under Haftar's command provide backing for a Tobruk-based adminstration that controls much of the east and south of the oil and gas-rich country. Former ...

Filter may be a match for fracking water

Sep 26, 2017 (SPX)

The work by Prof Andrew R Barron and his colleagues turns a ceramic membrane with microscale pores into a superhydrophilic filter that "essentially eliminates" ...

Growth prospects for energy-hungry Asia revised higher

Sep 26, 2017 (UPI)

"Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People's Republic of China," ADB Chief Ec...

Texas oil production slightly lower, early data show

Sep 26, 2017 (UPI)

Texas is the No. 1 oil producer in the nation and at least parts of four of the seven active shale basins in the country lie within its borders. The Railroad Co...

Oil prices turn lower following Monday's surge

Sep 26, 2017 (UPI)

The price for Brent crude oil surged almost 4 percent in Monday trading amid concerns about the potential market shock from a vote for independence from the Kur...

Tass: OPEC might extend production cut deal again

Sep 25, 2017 (UPI)

The Organization of Petroleum Exporting Countries and a handful of non-member state producers like Russia started implementing an agreement in January to bring ...

Iraqi Kurdistan, autonomous and oil-rich

Sep 25, 2017 (AFP)

- Oil rich, financially strapped - Situated in the rugged, mountainous north of Iraq, the oil-rich region is home to about five million people. It is mainly mad...

Balanced sentiment drives oil prices higher

Sep 25, 2017 (UPI)

Traders last week were left waiting after ministers monitoring the effort led by the Organization of Petroleum Exporting Countries to drain the market surplus w...