OIL - AFRICA DAILY

Oct 20, 2015 (UPI)

The U.S. Energy Department said it approved the export of compressed natural gas from a port in Florida to countries without a U.S. free-trade agreement. Canadi...

US: Trudeau win will not influence Keystone decision

Oct 20, 2015 (AFP)

Canadian Liberal leader Justin Trudeau's election victory will not influence the United States' eventual decision on the Keystone XL oil pipeline, US Secretary ...

Canada's Trudeau gets nod for green agenda

Oct 20, 2015 (UPI)

The premier in the oil-rich Canadian province of Alberta said she was looking forward to working with the next prime minister on environmental protection. In a ...

Uganda troops begin South Sudan pull-out: official

Oct 20, 2015 (AFP)

Uganda's army has begun its pull-out from neighbouring South Sudan, in line with a peace deal aimed at ending nearly two years of civil war, an official said Tu...

Oil mixed ahead of OPEC meeting

Oct 20, 2015 (UPI)

A win for a pro-green party in the Canadian election offset market concerns about the outcome of OPEC's next meeting, giving a lift Tuesday to crude oil prices....

Kurds pay out for oil exports

Oct 20, 2015 (UPI)

British energy company Genel Energy became the latest company working in the Kurdish north of Iraq to announce government payments for exports. Genel, which ope...

Iran expects OPEC to review its return

Oct 20, 2015 (UPI)

The Iranian government aims to reach an agreement with OPEC members regarding its imminent return to global oil markets, a deputy petroleum minister said. Accor...

Oil well out of control in North Dakota

Oct 20, 2015 (UPI)

An oil well in western North Dakota is out of control at least three days after a spill was reported, the state Department of Health reported. The Health Depart...

Oil slides as China data weighs

Oct 19, 2015 (AFP)

Oil prices fell sharply Monday on renewed concerns about China's cooling economy after data showed the weakest growth in more than six years and falling industr...

Number of North Dakota oil drilling rigs hold steady

Oct 19, 2015 (UPI)

North Dakota reported Monday that 68 oil rigs are involved in exploration and production in the state, the same figure as last week. Despite the recent stabilit...

General Dynamics NASSCO building SEA-Vista tanker

Oct 19, 2015 (UPI)

General Dynamics NASSCO announced construction for a tanker to be built for SEA-Vista Newbuild, a subsidiary of SEACOR Holdings. The construction formally began...

Iran oil minister brands middlemen 'corrupt parasites'

Oct 19, 2015 (AFP)

Iran's Oil Minister Bijan Zanganeh launched a blistering attack Monday on industry middlemen, branding them "parasites that want to suck the nation's blood" for...

Oil retreats in Asia as China slowdown weighs

Oct 19, 2015 (AFP)

Oil fell in Asia Monday after official data showed China's economy posted its slowest growth for more than six years in the third quarter, reinforcing worries a...

US cancels drilling rights auctions in Alaskan Arctic

Oct 17, 2015 (AFP)

The United States has announced it is calling off two auctions for oil and gas drilling rights in the Arctic off Alaska and has denied requests for lease extens...

United States importing more oil

Oct 16, 2015 (UPI)

Total U.S. crude oil imports increased by more than 3 percent for the week ending Oct. 9, data from the U.S. Energy Information Administration show. Data from E...

Oil and gas companies make green pledge

Oct 16, 2015 (UPI)

European and Middle East companies announced they're committed to playing a constructive role in reducing the intensity of global greenhouse gas emissions. The ...

Analysis shows greenhouse gas emissions similar for shale, crude oil

Oct 16, 2015 (SPX)

The U.S. Department of Energy's Argonne National Laboratory this week released a pair of studies on the efficiency of shale oil production excavation. The repor...

Oil prices swing positive

Oct 16, 2015 (UPI)

Indications the Chinese economy may be bigger than expected, and Beijing pledges to ease poverty, helped lift crude oil prices in early Friday trading. Crude oi...

EIA reviews Indonesia's OPEC bid

Oct 16, 2015 (UPI)

Despite its bid to reactivate its membership in OPEC, Indonesia will likely need to import more oil to meet its domestic demand, a U.S. analysis said. In Septem...

Schlumberger: Market looks challenging

Oct 16, 2015 (UPI)

Revenue from North American operations alone dropped 4 percent in the third quarter as the oil business environment declined further, Schlumberger said. "For oi...