OIL

10,863 articles

Lithium Market Set To Explode - All Eyes Are On Nevada
Oct 13, 2015 (SPX)
While other commodities are floundering or completely collapsing in this market, lithium-the critical mineral in the emerging battery gigafactory war-is poised ...
Oil rally snaps gas price stability
Oct 13, 2015 (UPI)
Last week's sharp rally in crude oil prices and ongoing refinery issues left U.S. drivers paying more at the pump for the first time in weeks, analysts said. Mo...
Fitch: Russian oil producers facing headwinds
Oct 13, 2015 (UPI)
A tax increase on the extractive industries in 2016 should add further downward pressure on the oil sector in Russia, Fitch Ratings said. The Kremlin last week ...
Moroccan shale giving up gas
Oct 13, 2015 (UPI)
Irish energy company Circle Oil, which focuses on North African basins, said it had remarkable success with the early results from shale basins in Morocco. Circ...
Germany: Russia a key energy partner
Oct 13, 2015 (UPI)
Russia will remain a key oil and natural gas supplier through its strong connections to the European market, the chairman of Germany's BASF said. "Our cooperati...
Oil stages meager rally attempt
Oct 13, 2015 (UPI)
Crude oil prices tried to stage a modest recovery in early Tuesday trading, though concerns about oversupply still nibbled on market trajectories long term. Cru...
Uganda says it is pulling forces from South Sudan
Oct 12, 2015 (AFP)
Uganda's army will leave neighbouring South Sudan by next month, the head of the country's armed forces said Monday. "The boys are coming home. We will be out b...
North Dakota rig count holds steady
Oct 12, 2015 (UPI)
After a week of strong gains in crude oil prices, data from North Dakota show a level of stability in the level of exploration and production operations. Data f...
Norway opens probe into North Sea spill
Oct 12, 2015 (UPI)
A Norwegian safety regulator said it would open an investigation into the oil spill reported last week in the North Sea. Norwegian energy company Statoil report...
Eni focus on Egypt sharpens
Oct 12, 2015 (UPI)
Italian energy company Eni said it was building on a legacy position in Mediterranean waters with two new shallow-water concessions offshore Egypt. Eni takes a ...
Russia sending gas to Ukraine
Oct 12, 2015 (UPI)
Natural gas deliveries to Ukraine resumed at the maximum capacity after the payment of outstanding arrears, Russian energy company Gazprom said. Ukrainian energ...
OMV finds gas in Pakistan
Oct 12, 2015 (UPI)
Austrian energy company OMV said a new natural gas discovery Sindh province in Pakistan means it could potentially boost production in the energy-starved countr...
Oil price rally falters
Oct 12, 2015 (UPI)
Crude oil prices showed some volatility in Monday trading on mixed supply signs, with U.S. shale output slowing and production from OPEC members on the rise. Cr...
Statoil squeezing more gas out of North Sea
Oct 12, 2015 (UPI)
Norwegian energy company Statoil said it may be able to boost recovery rates from the Gullfaks gas field in the North Sea using a novel cost-effective solution....
Iran announces London oil conference in February
Oct 10, 2015 (AFP)
Iran on Saturday announced dates for a three-day oil and gas conference in London in February designed to attract foreign investors awaiting new contract terms ...
Dalrymple: North Dakota's economy diverse
Oct 09, 2015 (UPI)
North Dakota's economy is thriving because of the emphasis on diversity that extends beyond the oil and gas sector, the state's governor said. "North Dakota's e...
Israel's Delek Group enters North Sea
Oct 09, 2015 (UPI)
Israeli energy company Delek Group said it was wading deeper into the international market by taking on stake on Ithaca Energy, which operates in the North Sea....
Statoil: 250 barrels of oil spilled in North Sea
Oct 09, 2015 (UPI)
About 250 barrels of oil spilled from a platform in the North Sea during the transfer of products to an oil tanker, Norwegian energy company Statoil said. Stato...
Researchers want oil and gas drillers to adopt geothermal technology
Oct 09, 2015 (UPI)
Researchers at the University of North Dakota believe geothermal energy production should be a significant part of America's future energy portfolio. But to get...
Lundin unloads Indonesian assets
Oct 09, 2015 (UPI)
Swedish energy company Lundin Petroleum said it was keeping an eye on the Asian market, but unloading its oil and gas holdings in Indonesia. Lundin announced it...
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