OIL

10,863 articles

Russia stirs oil production proposal pot
Nov 17, 2016 (UPI)
Talks over production levels are expected to yield positive results, including any talks with Iranian representatives gathered in Doha, a Russian minister said....
OPEC, Yellen give oil prices a lift
Nov 17, 2016 (UPI)
Upbeat assessments about the pace of growth for the U.S. economy and a build in momentum for an OPEC production deal pushed oil prices higher early Thursday. "U...
North Dakota oil production falls
Nov 17, 2016 (UPI)
A regulator in North Dakota said low oil prices were in part behind the decline in crude oil production, last reported at its lowest level since early 2014. The...
GE, Maersk team up on drilling technology
Nov 17, 2016 (UPI)
A new data-driven drilling program could increase the productivity of operations for Danish company Maersk, a marine division of GE announced. GE said it was wo...
Safety regulator finds no issues with Johan Sverdrup
Nov 17, 2016 (UPI)
An audit of elements of the early operations tied to infrastructure at the Johan Sverdrup oil field offshore Norway uncovered few issues, a regulator said. The ...
Expect more output next year, Canadian energy company says
Nov 17, 2016 (UPI)
The largest oil and gas company in Canada, Suncor said its production could increase more than 10 percent next year while spending moves the other way. "We cont...
Texas' Wolfcamp shale reserve may be largest ever assessed in U.S.
Nov 17, 2016 (UPI)
With renewed focus on Texas shale oil deposits, regional bankers said they were planning a regional joint economic conference to discuss a new energy reality. T...
OPEC's Bearish Report Provides Little Hope For Oil Markets
Nov 16, 2016 (SPX)
Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a new market whammy, offe...
Last plea to Obama on offshore drilling limits
Nov 16, 2016 (UPI)
Oil and gas exploration in the U.S. waters of the Atlantic Ocean may put some legacy economic interests at risk, a consortium of area businesses said. More than...
Oil prices retreat after banner day
Nov 16, 2016 (UPI)
With some contracts expiring, crude oil prices gave back some of the recent gains after industry data show the U.S. market still favors the supply side. Crude o...
Cheaper, more effective cleanup of abandoned oil and gas wells
Nov 16, 2016 (SPX)
Abandoned oil and gas wells are a significant source of greenhouse gases but there are so many scattered across the United States that stopping the leaks presen...
Study links groundwater changes to fracking
Nov 16, 2016 (SPX)
A new study has found heightened concentrations of some common substances in drinking water near sites where hydraulic fracturing has taken place. The substance...
Scientists find land-based birds affected by Deepwater Horizon oil spill
Nov 16, 2016 (UPI)
Scientists have discovered evidence of Deepwater Horizon oil among land-based birds -- a reminder of the far-reaching effects of the 2010 disaster. The new find...
Norway's DNO signs oil agreement with Iran
Nov 16, 2016 (UPI)
Norwegian oil and gas company DNO said Wednesday it signed a memorandum of understanding to examine oil field development in Iran. DNO signed an agreement with ...
Oil-rich Texas takes closer look at earthquakes
Nov 16, 2016 (UPI)
With neighboring Oklahoma recording almost daily seismic events, an official in oil-rich Texas said he was looking closer for risks associated with energy. Okla...
Oil market latest pressure for Dakota Access pipeline
Nov 16, 2016 (UPI)
There are concerns about how exposed the Dakota Access oil pipeline is to financial risk in the energy market, a group with ties to climate research said. Energ...
Investment penury risks new oil shock: IEA
Nov 16, 2016 (AFP)
The lack of investment in new oil projects risks creating a new market upheaval in several years, the International Energy Agency warned on Wednesday. "We estim...
Dakota Access pipeline delayed
Nov 15, 2016 (UPI)
A federal decision on the Dakota Access pipeline shows Washington is listening, though parties to the debate differed on the wisdom of that attention. The U.S. ...
Niger Delta Avengers strike again
Nov 15, 2016 (UPI)
A group calling itself the Niger Delta Avengers said it was the one responding to terrorism and tyranny with its latest attack on crude oil export pipeline. The...
U.S. drillers focus sights on Permian shale
Nov 15, 2016 (UPI)
U.S. energy strategies are coalescing around the Permian shale basin in Texas and New Mexico where drilling is on the rise, a federal brief said. A daily briefi...
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