OIL

10,863 articles

Barium leaches directly from fracked rocks, Dartmouth team finds
May 26, 2016 (SPX)
Dartmouth College researchers are shedding light on the early chemical reactions in the organic sediments that would ultimately become the Marcellus Shale, a ma...
Santos making more LNG
May 26, 2016 (UPI)
Australian energy company Santos said it started producing more liquefied natural gas from a project on Curtis Island that could feed a growing Asian market. Th...
Baker Hughes streamlines structure
May 26, 2016 (UPI)
Oil services company Baker Hughes said structural and leadership changes were made in a way that it said could help simplify operations and lower costs. The com...
Trump heads to shale country
May 26, 2016 (UPI)
Republican presidential candidate Donald Trump delivers the keynote address Thursday at a petroleum conference in North Dakota, the schedule shows. Trump is the...
Moody's: Persian Gulf economies strained
May 26, 2016 (UPI)
Fiscal reforms are just part of the picture for Middle East economies working to adapt to an era of lower crude oil prices, Moody's Investors Service said. Mood...
Old jobs die hard in China's rustbelt
May 26, 2016 (AFP)
Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China's largest oilfield epitomises Beijing's reluctance to cut job...
Trump would approve Keystone pipeline blocked by Obama
May 26, 2016 (AFP)
Donald Trump said Thursday that if he is elected US president, he would support the Canadian Keystone oil pipeline project that was blocked by President Barack ...
We warned you, Nigerian militant group tells Chevron
May 26, 2016 (UPI)
A militant group in the Niger Delta said it targeted a Chevron pipeline in the region after the company failed to heed a warning issued in mid-May. We Warned #C...
Oil sands industry a major source of air pollution, study finds
May 26, 2016 (UPI)
Tar sands oil, sometimes called the dirtiest oil in the world, is mostly thought of as a threat to water sources, though new research suggests oil sands operati...
BP wades deeper into Azeri waters
May 25, 2016 (UPI)
An Azeri energy company said it signed an agreement with BP that was billed as part of a national effort to explore fully all of its reserves offshore. The Stat...
ExxonMobil, Chevron investors defeat climate resolutions
May 25, 2016 (AFP)
ExxonMobil and Chevron investors sided with the oil giants on climate change at annual meetings on Wednesday, rejecting shareholder resolutions to push Big Oil ...
Petronas: Nothing to Russian talks
May 25, 2016 (UPI)
Malaysian energy company Petronas said it was not the target of a sale of its assets or any of its stakes to counterparts in the Russian energy sector. The Mala...
Alberta presses carbon levy as fire threat to oil fades
May 25, 2016 (UPI)
As wildfires smoldered in oil-rich areas of the province, Alberta's government said it was proposing a tax regime that would help create a greener economy. "Our...
Shell cuts more than 2,000 jobs
May 25, 2016 (UPI)
At least 2,200 additional jobs will be trimmed from the payroll as the industry struggles to move through the downturn, a Shell official said from Scotland. Bri...
Earthquake insurance latest concern in oil-rich Oklahoma
May 25, 2016 (UPI)
The state government in the shale state of Oklahoma said it was concerned about the lack of competition in the market for earthquake insurance. Oklahoma Insuran...
Oil prices making a run at nifty fifty
May 25, 2016 (UPI)
Temporary supply outages left oil spilling out of storage to push oil prices to their highest level of the year Wednesday, running quickly toward $50 per barrel...
No recession for Texas, economist says
May 24, 2016 (UPI)
Even though oil prices remain far below their peaks from two years ago, the oil-rich state of Texas is not headed for recession, a state economist said. Texas i...
No luck for DNO onshore Oman
May 24, 2016 (UPI)
Norwegian energy company DNO said it was giving up on a program in Oman, which is among the largest oil producers outside of OPEC. DNO said it was abandoning ef...
Oil attacks in Nigeria's south hit power, water supply
May 24, 2016 (AFP)
Militant attacks in Nigeria's oil-producing south have caused water supplies to be turned off in the country's commercial hub and biggest city, Lagos, the state...
Supply nervousness pulls oil prices higher
May 24, 2016 (UPI)
Supply-side constraints put renewed momentum behind a rally in crude oil prices for Tuesday even as some production returns to ease lingering concerns. Though w...
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