OIL

10,863 articles

Canadian oil sands cleared for re-entry near fire-ravaged Fort McMurray
May 24, 2016 (UPI)
With wildfires in Canada making their way east, provincial authorities in Alberta said the oil-rich parts of the region are cleared for operations. Alberta's go...
Chemists settle longstanding debate on how methane is made biologically
May 24, 2016 (SPX)
Like the poet, microbes that make methane are taking chemists on a road less traveled: Of two competing ideas for how microbes make the main component of natura...
Shareholders vote climate test for ExxonMobil, Chevron
May 24, 2016 (AFP)
Investors of ExxonMobil and Chevron vote at annual shareholder meetings Wednesday on whether the two oil giants should do more to address climate change followi...
Baseline sought for British fracking efforts
May 24, 2016 (UPI)
A British geological organization said it was working to set an environmental baseline to serve as a basis for weighing the impacts of hydraulic fracturing. The...
IMF loan gives net win for oil-rich Iraq
May 24, 2016 (UPI)
Though a loan agreement with the IMF should help, Iraq will continue to face economic headwinds because of issues in the oil sector, Moody's said. The Iraqi gov...
Regional markets show variability for U.S. gasoline prices
May 24, 2016 (UPI)
Higher fuel production in the western United States and refinery issues in the Midwest make for two different retail scenarios, market analysis finds. Motor clu...
Eni facilities attacked again in Nigeria
May 23, 2016 (UPI)
Italian energy company Eni confirmed Monday that some of its infrastructure in Nigeria was once again the target of a militant attack. A spokesperson for the co...
Win secured for Israeli gas
May 23, 2016 (UPI)
Partners aiming to exploit the rich natural gas reserves offshore Israel said they would take the steps needed for rapid development after a government nod. The...
Evacuation lifted for oil sites threatened by Canada fires
May 23, 2016 (AFP)
Officials on Sunday lifted the evacuation order for several oil production sites north of Fort McMurray, the city threatened by massive Canadian wildfires, but ...
Supply pressures ease to pull oil prices lower
May 23, 2016 (UPI)
Crude oil prices retreated into negative territory Monday after supply constraints eased in Canada and optimism resurfaced in war-torn, and oil-rich, Libya. Can...
North Dakota rig count low sets new record
May 23, 2016 (UPI)
State data in North Dakota show the number of rigs searching for or producing oil and gas as of Monday broke a record low set more than 10 years ago. State data...
Fire threat to Alberta oil sands easing
May 23, 2016 (UPI)
Municipal authorities in Alberta said they were permitting a phased re-entry for some energy company employees as the wildfire threat evolves. Around 1 million ...
Gas-rich Myanmar still under sanctions pressure
May 23, 2016 (UPI)
With energy companies examining the reserve potential in a re-emerging Myanmar, the country's foreign minister said she's not afraid of sanctions. Foreign Minis...
Statoil cancels Norwegian Sea rig contract
May 23, 2016 (UPI)
Norwegian energy company Statoil said it canceled relocation plans for a drilling rig from Canada to the Norwegian Sea following field delay decisions. Statoil ...
International concern mounts over Venezuela
May 21, 2016 (AFP)
International concerns are mounting over the economic and political crisis in Venezuela, where the military on Saturday was holding a second day of exercises or...
Oil prices slip as Canada fires ebb
May 20, 2016 (AFP)
Oil prices slipped on Friday as the forest fires menacing Canada's oil sands region were contained, but the market remained generally firm amid growing expectat...
Canadian energy direction tested by Trans Mountain pipeline
May 20, 2016 (UPI)
Despite a report showing conventional energy could help the regional economy, Vancouver's mayor said a nod for an oil pipeline in the region is a "bad deal." In...
LNG, Asia part of Gazprom's diversification strategy
May 20, 2016 (UPI)
Delivering more natural gas to expanding Asian economies is a central part of a portfolio diversification scheme, Russian energy company Gazprom said. The board...
Iraqi-focused oil company reviewing debt options
May 20, 2016 (UPI)
Gulf Keystone Petroleum, a British company focused on Iraqi oil, said it extended an agreement with its lenders until the end of May to consider its debt. The c...
Norway oil production 3 percent higher than expected
May 20, 2016 (UPI)
As oil prices rise on market balance sentiment, the Norwegian government said oil production in April was 3 percent higher than expected. The Norwegian Petroleu...
Buy Advertising About Us Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.