OIL

10,863 articles

Study shows how fracking documentary influenced public perception and political change
Sep 04, 2015 (SPX)
Social scientists have long argued documentary films are powerful tools for social change. But a University of Iowa (UI) sociologist and his co-researchers are ...
Crude oil prices unmoved by ECB position
Sep 03, 2015 (UPI)
Crude oil prices were holding steady at the start of trading Thursday as markets weighed statements from the European Central Bank and U.S. labor figures. Europ...
North Dakota may tap federal funding for energy transit
Sep 03, 2015 (UPI)
More than $10 million in available federal funding to ensure the safe transport of oil and gas is vital for U.S. energy security, a North Dakota senator said. T...
Maduro, Putin discuss ways to stabilize oil market
Sep 03, 2015 (AFP)
Venezuelan President Nicolas Maduro met in Beijing Thursday with Russian President Vladimir Putin to discuss ways to stabilize oil prices, the government news a...
Dallas bank upbeat 'except in the energy sector'
Sep 03, 2015 (UPI)
A report from the Dallas Federal Reserve said regional economic metrics indicated mostly positive momentum, "except in the energy sector." A so-called Beige Boo...
New Zealand takes step toward oil and gas offerings
Sep 03, 2015 (UPI)
The New Zealand government is consulting with local communities as a first step toward awarding oil and gas exploration permits, the energy minister said. "Succ...
Rubio: Priority No. 1 is lifting U.S. oil export ban
Sep 03, 2015 (UPI)
Lifting a ban on U.S. crude oil exports will bring "immediate" economic stimulus to the economy, Republican presidential contender Marco Rubio said. Sen. Rubio,...
Iraqi oil revenue drops in weak market
Sep 03, 2015 (UPI)
Iraqi revenue generated from oil exports in August was lower than the previous month by nearly $1 billion in part because of low oil prices, data show. The mini...
Iran puts figure on 2016 oil production goals
Sep 02, 2015 (UPI)
Iranian oil production by the end of 2016 will be in excess of 4 million barrels per day, more than in the pre-sanctions era, the nation's oil minister said. Ir...
Venezuela announces $5-bn Chinese loan for oil sector
Sep 02, 2015 (AFP)
Venezuelan President Nicolas Maduro announced China has granted his government a $5-billion loan to boost oil output in the recession-hit OPEC state. "We have s...
Canadian oil sector edging forward
Sep 02, 2015 (UPI)
Despite working in a weak market, two companies -- Husky Energy and ConocoPhillips -- announced the start of new oil operations in Canadian oil sands. Husky ann...
Shell acquisition of BG cleared by Europe
Sep 02, 2015 (UPI)
Royal Dutch Shell and BG Group announced their planned merger received unconditional approval Wednesday from the European Commission. The board of directors at ...
Oil prices edge lower on slow EU
Sep 02, 2015 (UPI)
Chinese economic woes have added downward pressure to crude oil prices, though markets extended losses Wednesday on weak European economic data. Crude oil price...
Canadian producer Penn West slashing jobs
Sep 01, 2015 (UPI)
Canadian oil and gas producer Penn West Petroleum said it would cut more than 400 jobs, or around 35 percent of its workforce, to endure a weak oil market. The ...
OPEC: Iran has many projects on tap
Sep 01, 2015 (UPI)
Iran could mark its return to the global energy stage when, perhaps by the end of the year, it starts $185 billion worth of new projects, OPEC said. The Organiz...
Alaska seeks balanced energy agenda
Sep 01, 2015 (UPI)
Alaska needs to exploit its vast natural resources, but do so in a way that heeds the growing threats of climate changes, the state's lieutenant governor said. ...
Gazprom posts strong sales to Europe
Sep 01, 2015 (UPI)
Russian energy company Gazprom said the increase in first half sales were driven in large part by its conventional European consumer base. First half profits fo...
AAA: U.S. gas prices plummeting
Sep 01, 2015 (UPI)
Bearish trends for crude oil prices and the resolution to problems at a major U.S. refinery pushed gas prices lower at a hastened clip, motor club AAA said. AAA...
North Dakota gets energy transit grant
Sep 01, 2015 (UPI)
A grant from a federal safety regulator will help North Dakota invest in the infrastructure needed to transport oil safely and efficiently, a senator said. U.S....
Economic jitters send oil prices lower
Aug 31, 2015 (UPI)
Weak inflationary sentiment for the energy sector in Europe and Chinese reactions to stock market declines pushed crude oil prices lower in Monday trading. Bren...
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