OIL

10,863 articles

Putin envisions common Eurasian energy market
May 31, 2016 (UPI)
A common market for oil and gas will be on the agenda for the Russian president during talks before a regional summit in Kazakhstan, the Kremlin said. Russian P...
UN to track arms flows to South Sudan
May 31, 2016 (AFP)
The UN Security Council on Tuesday requested a special report about weapons flows to South Sudan after major powers failed to agree on imposing an arms embargo ...
Parts of Alberta oil industry returning to normal after wildfire
May 31, 2016 (UPI)
With oil installations resuming normal operations, the provincial government of Alberta said it was ready for phased re-entries into fire-damaged Fort McMurray....
Oil prices wobble as traders await OPEC, China data
May 31, 2016 (AFP)
World oil prices diverged Tuesday but held below the key level of $50 per barrel, as traders eyed this week's crucial OPEC oil meeting and key Chinese data. Aro...
Oil prices get modest lift off U.S. income data
May 31, 2016 (UPI)
An increase in personal income in the United States help add momentum to a rally in crude oil, with prices holding near the $50 per barrel mark early Tuesday. E...
North Dakota rig count up more than 10 percent
May 31, 2016 (UPI)
North Dakota saw the number of rigs activity exploring for or producing oil and gas increase by more than 10 percent from last week, state data show. Data from ...
Nigeria's president to visit restive oil region
May 31, 2016 (AFP)
Muhammadu Buhari will this week make his first visit as president to Nigeria's oil-producing south, which has been riven by an upsurge in violence from militant...
Norway's CO2 emissions up because of energy work
May 31, 2016 (UPI)
New energy work that began last year in Norwegian territorial waters led to an increase in emissions of carbon dioxide, a greenhouse gas, the government said. T...
'Dirty Blizzard' sent 2010 Gulf oil spill pollution to seafloor
May 31, 2016 (SPX)
Scientists working in the Gulf of Mexico have found that contaminants from the massive 2010 Deepwater Horizon oil spill lingered in the subsurface water for mon...
Small offshore oil spills put seabirds at risk
May 30, 2016 (SPX)
Seabirds exposed to even a dime-sized amount of oil can die of hypothermia in cold-water regions, but despite repeated requests by Environment Canada, offshore ...
Nigerian militant group marks Children's Day
May 27, 2016 (UPI)
On Children's Day in Nigeria, a militant group targeting energy groups in the Niger Delta said it would deliver more to the nation's youth than the government. ...
Cheap commutes in store for Memorial Day travelers
May 27, 2016 (UPI)
Even though prices at the pump have been on a steady rise, the U.S. government said Memorial Day travelers are saving big money this time around. Motor club AAA...
Texas production levels on the rise
May 27, 2016 (UPI)
Texas oil production for March was up 1 percent from the previous month, state data show, as crude oil prices staged a sustained recovery. The Railroad Commissi...
Maersk adds new rig to its fleet
May 27, 2016 (UPI)
Maersk Drilling said Friday it acquired a rig designed for harsh environments from struggling rival Hercules Offshore for deployment in the North Sea. Maersk en...
Scientists discover methane-producing microbes in California rocks
May 27, 2016 (SPX)
Deep in vents on the ocean floor, methane-producing microbes feed off chemical reactions between water and rock. Now evidence of this process has been found on ...
Trump says no to OPEC, yes to Keystone XL
May 27, 2016 (UPI)
Republican presidential nominee Donald Trump said he'd end U.S. oil imports from OPEC and approve Keystone XL, though critics said he knows little about energy....
Islamic State losing revenue, IHS finds
May 27, 2016 (UPI)
Taxes and penalties issued by the Islamic State in the Middle East territories it controls show the group's finances are dwindling, analysis finds. A report ema...
Goodbye $50: Oil prices fall back to Earth
May 27, 2016 (UPI)
A slowdown in spending on plants and equipment in the United States and market jitters pulled crude oil down sharply lower in early Friday trading. Crude oil pr...
Hello, $50: Oil prices break threshold
May 26, 2016 (UPI)
Improvements in the U.S. labor sector and seasonal demand pressures pushed the price of crude above the $50 mark for the first time this year early Thursday. Th...
European energy market still on Putin's radar
May 26, 2016 (UPI)
Working with the Greek government, Russian President Vladimir Putin said his country could make regional energy aspirations for Europe a possibility. Putin, bef...
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