OIL - AFRICA DAILY

Sep 17, 2015 (UPI)

The Scottish government and industry leaders need to work together to overcome problems facing the energy sector, the Scottish energy minister said. Nearly 1,00...

U.S. gasoline demand flattens out

Sep 17, 2015 (UPI)

Expectations that, despite historic lows for retail gasoline prices, demand next year should be flat and keep the price at the pump lower, a U.S. report said. M...

Aussie energy company Santos starts shakeup

Sep 17, 2015 (UPI)

While announcing a board shakeup, Australian energy company Santos said Thursday it was vetting interests from other entities eyeing its assets. The board at Sa...

Shell boss shrugs shoulders on oil price guess

Sep 17, 2015 (UPI)

Small movements in the supply and demand dynamics driving crude oil prices makes trajectory hard to predict, the chief executive at Royal Dutch Shell said. In t...

BHP adds voice to U.S. oil export debate

Sep 17, 2015 (UPI)

Australian energy giant BHP Billiton said the United States could send a strong message to allies and markets alike with a repeal of the ban on oil exports. Rep...

Oil lower ahead of Fed rate decision

Sep 17, 2015 (UPI)

A warning from the OECD on global economic growth and interest rate decisions expected from the U.S. Federal Reserve pushed oil prices lower early Thursday. Aft...

Canadian gas exports to U.S. plummet

Sep 17, 2015 (UPI)

Canadian natural gas exports to the United States for the seven years ending in 2014 are down significantly because of U.S. shale production, a regulator said. ...

How much water does US fracking really use

Sep 16, 2015 (SPX)

Energy companies used nearly 250 billion gallons of water to extract unconventional shale gas and oil from hydraulically fractured wells in the United States be...

Japan protests Chinese gas operation in disputed sea

Sep 16, 2015 (AFP)

Japan said Wednesday it has lodged a protest after uncovering evidence that China has started extracting gas in a disputed area near their border in the East Ch...

GOP blasts offshore safety rules

Sep 16, 2015 (UPI)

Republican leaders in the House of Representatives took the podium in New Orleans to criticize federal regulations regarding offshore oil and gas activity. "Thi...

IEA: Age of LNG in question

Sep 16, 2015 (UPI)

Short-term planning from energy policymakers might keep liquefied natural gas off the global stage, the IEA director said during a visit to Tokyo. "If it can co...

Oil crimping Norway's economy

Sep 16, 2015 (UPI)

The low price of crude oil has led to clear downturns in the Norwegian economy and that pressure should persist, government data show. "The Norwegian economy ha...

Eni sees larger European gas role

Sep 16, 2015 (UPI)

A natural gas discovery off the Egyptian coast and recent cooperation with Cyprus could translate to European energy security, Italian energy company Eni said. ...

White House called on to act on oil exports

Sep 16, 2015 (UPI)

If the White House opposes legislative action to overturn a ban on oil exports, the onus is on the executive branch to take action, an industry group said. A Ho...

Texas issuing fewer drilling permits

Sep 16, 2015 (UPI)

The Railroad Commission of Texas said the number of drilling permits issued in August was down more than half from the same month last year. The commission, the...

Iranian president to visit France in November, PM says

Sep 15, 2015 (AFP)

Iranian President Hassan Rouhani has accepted France's invitation to visit Paris in November, Prime Minister Manuel Valls said Tuesday, in what will be the firs...

Genel makes grab for Kurdish gas

Sep 15, 2015 (UPI)

British energy company Genel Energy said it was buying the minority share of a Kurdish natural gas field form its partners at Austria's OMV. Genel said it struc...

Seismic activity of underground chemical blasts linked to gas explosions

Sep 15, 2015 (SPX)

After analyzing the seismic waves produced by small underground chemical explosions at a test site in Vermont, scientists say that some features of seismic wave...

North Dakota oil sector under pressure

Sep 15, 2015 (UPI)

A weak crude oil market that's expected to last into 2016 should contribute to downward pressure on oil activity in North Dakota, a state regulator said. The st...

Oil prices get lift from consumer spending

Sep 15, 2015 (UPI)

A sign that U.S. consumers were shrugging off concerns about the health of the global economy gave crude oil prices a lift at the start of Tuesday trading. The ...