OIL - AFRICA DAILY

Sep 07, 2017 (UPI)

Refineries and production centers along the U.S. Gulf Coast are in the process of restarting after Harvey made landfall and late August and lingered over the re...

Energy driving Oklahoma's economic recovery

Sep 07, 2017 (UPI)

Oklahoma is home to about 4 percent of the total petroleum reserves in the country and accounts for as much as 5 percent of the total crude oil production. Its ...

Study quantifies potential for water reuse in permian basin oil production

Sep 07, 2017 (SPX)

New research led by The University of Texas at Austin Bureau of Economic Geology highlights key differences in water use between conventional drill sites and si...

Russia's Gazprom examines LNG options in Japan

Sep 07, 2017 (UPI)

Economies in the Asia-Pacific region are expanding faster than developed nations and taking on more oil and gas resources as a consequence. Island nations like ...

Oil tied to South Sudan and U.S. sanctions

Sep 07, 2017 (UPI)

South Sudan gained independence from Sudan 2011, but has been mired in conflict described by the United Nations as an ethnic-cleansing campaign since 2013. Riva...

France to end fossil fuel production

Sep 06, 2017 (AFP)

Under a draft law approved by cabinet, no new permits will be granted to extract gas or oil and no existing licences will be renewed beyond 2040, when all produ...

France proposes ban on oil and gas exploration

Sep 06, 2017 (UPI)

Nicolas Hulot, the state minister for the environment, introduced a measure Wednesday that would end exploration and conventional and non-conventional resources...

U.S. weather-driven rally in oil prices continues

Sep 06, 2017 (UPI)

The price for West Texas Intermediate, the U.S. benchmark for the price of oil, soared dramatically in Tuesday trading after signs of emerging recovery in the U...

Shell opens its first retail gas station in Mexico

Sep 06, 2017 (UPI)

Shell said it opened a service station in a city just north of the Mexican capital, Mexico City. The company said it's the first part of a 10-year, $1 billion i...

Energy sector recovery slow post-Harvey

Sep 06, 2017 (UPI)

The National Weather Service reported that parts of the Houston area should expect a slight chance of showers for Wednesday, but weather will be clear for the r...

Brazil could extend energy hand to Iran

Sep 06, 2017 (UPI)

Brazilian Energy Minister Fernando Coelho Filho met this week in Tehran with his Iranian counterpart, Bijan Zangeneh. According to SHANA, the official news site...

More shale production expected from Colorado

Sep 06, 2017 (UPI)

Bill Barrett said it was updating its guidance on 2017 production figures following positive results from a nine-well drilling program in Colorado. "We remain e...

OPEC provides market assurances post-Harvey

Sep 05, 2017 (UPI)

Parts of the U.S. oil and gas sector were sidelined by the impact of the first major hurricane to hit Texas in about a decade. In its latest update, the U.S. De...

Cost to develop giant Johan Sverdrup field in Norway moves lower

Sep 05, 2017 (UPI)

Johan Sverdrup is one of Norway's five largest offshore oil fields, and contains an estimated 3 billion barrels of oil. Phase 1 of the field's development is cu...

Good first half of 2017 for West African explorer FAR Ltd.

Sep 05, 2017 (UPI)

FAR Ltd. is working alongside partners tapping the emerging basins off the coast of West Africa. When discovered in 2014, the basin offshore Senegal in particul...

Report: Oil fading as an energy source because of electric vehicles

Sep 05, 2017 (UPI)

DNV GL, a Norwegian company providing risk management advice, said in an energy transition outlook that global demand for energy in general will level off by 20...

Russian ecologists say Nord Stream 2 damages precious refuge

Sep 05, 2017 (AFP)

"The Nord Stream 2 project through the Kurgalsky reserve is unacceptable. Construction is impossible without inflicting environmental damage," Mikhail Kreindlin...

Mexico, Russia eye energy trade relations

Sep 05, 2017 (UPI)

Mexican President Enrique Peña Nieto met in China with Russian President Vladimir Putin on the sidelines of a summit for the five major energy economies: Brazi...

Oil prices increase as Texas refineries start returning to normal

Sep 05, 2017 (UPI)

As much as 16 percent of total U.S. refining capacity was impacted by the storm, pipelines from the region operated intermittently and the federal government re...

Paris region oil wells pumping on borrowed time

Sep 03, 2017 (AFP)

But perhaps for not much longer as the government plans a new law that would prohibit exploiting fossil fuels in France, which would quickly turn the nation's s...