OIL - AFRICA DAILY

Aug 23, 2016 (UPI)

Amid anti-trust concerns from Poland, a new financing model for the expansion of a gas pipeline to Europe could emerge by year's end, Russia's Gazprom said. Rus...

Scientists develop nanofur material to soak up oil

Aug 23, 2016 (UPI)

A team of researchers in Germany have developed a new water-resistant nanofur material capable of soaking up oil with impressive efficiency. The material was in...

Pakistan gets energy security loan

Aug 23, 2016 (UPI)

Pakistan needs financial support to address critical energy issues that impede the potential for economic growth, the Asian Development Bank said. "Power shorta...

Oil pipeline leak in Red Sea, Jordan tells Israel

Aug 23, 2016 (AFP)

Jordan has informed Israel of a pipeline leak in the Red Sea that has reportedly dumped 200 tonnes of crude oil near the port of Eilat, an Israeli foreign minis...

Oil-rich Iran looking for financial ties with Russia

Aug 23, 2016 (UPI)

With sanctions pressures starting to fade, a representative from oil-rich Iran said the financial doors for cooperating with Russia were starting to open. Irani...

New gas extraction methods increase price responsiveness

Aug 23, 2016 (SPX)

Over the past decade, the shale revolution, driven by unconventional methods such as hydraulic fracturing and horizontal drilling techniques, has fundamentally ...

Niger Delta Avengers consider de-escalating conflict

Aug 22, 2016 (UPI)

The Niger Delta Avengers, a militant group tied to production problems in OPEC-member Nigeria, said it was open to some form of collective negotiations. The gro...

Oil price rally hits a wall

Aug 22, 2016 (UPI)

Crude oil prices ended one of their longest streaks of gains in years as doubts over possible production action gained traction in early Monday trading. Crude o...

North Dakota rig count lower for third straight week

Aug 22, 2016 (UPI)

For the third week in a row, state data show the number of rigs actively exploring for or producing oil and natural gas in North Dakota declined. A metric that ...

Three tremors in 24 hours near Oklahoma shale country

Aug 22, 2016 (UPI)

Three minor seismic events were recorded near the shale reserve areas in Oklahoma in the past 24 hours, data for the U.S. Geological Survey show. USGS data show...

Oil-rich Texas sees slight employment gains

Aug 22, 2016 (UPI)

While some sectors are still seeing obvious pressure, employment data in Texas show the economy is showing signs of improvement, a federal bank said. A survey f...

Russia gas pipelines in Georgia targeted by militants

Aug 22, 2016 (UPI)

Russian media reported Monday that suspected terrorists in the former Soviet republic of Georgia were arrested for plotting attacks on area gas pipelines. Refer...

Nicaragua refinery fire under control: officials

Aug 21, 2016 (AFP)

Firefighters have contained a massive refinery fire on Nicaragua's Pacific coast, officials said Sunday. The blaze at the Puma Energy facility ignited Wednesday...

Oil from refinery blast slickens Nicaragua habitat: environmentalists

Aug 20, 2016 (AFP)

A massive refinery fire in Nicaragua caused an oil spill that has contaminated sensitive nearby coastal habitat, a nonprofit group here said. In the aftermath o...

Oil prices mixed after long, sustained rally

Aug 19, 2016 (UPI)

Crude oil prices entered Friday in steady territory ahead of a data release on exploration and production trends, though economic data show little momentum. Cru...

Lauded North Sea oil reserve area dry so far

Aug 19, 2016 (UPI)

After boasting of the potential in the northern waters of the North Sea, a British energy company reported mixed results from an appraisal well. Independent Oil...

Carbon molecular sieve membranes could cut energy in hydrocarbon separations

Aug 19, 2016 (SPX)

A research team from the Georgia Institute of Technology and ExxonMobil has demonstrated a new carbon-based molecular sieve membrane that could dramatically red...

Industry data dump show U.S. energy dynamics even

Aug 19, 2016 (UPI)

Market dynamics for petroleum and petroleum products in the United States show a degree of balance as demand weighed against inputs, industry data show. The Ame...

Reducing gas flares and pollution from oil production

Aug 19, 2016 (SPX)

Last year, dozens of major oil companies and oil-producing nations agreed to end the routine flaring of natural gas from wells by 2030. This burning off of unca...

U.S. mulling new leases for Gulf of Mexico drillers

Aug 19, 2016 (UPI)

U.S. offshore energy regulators said they're seeking input on the potential to offer more than 70 million acres up for drilling in the Gulf of Mexico. The U.S. ...