OIL

10,863 articles

Baker Hughes stumbles
Jul 21, 2015 (UPI)
Oil services company Baker Hughes said Tuesday it expected the weak market for crude oil to hurt all segments of business operations for the rest of the year. L...
Oil prices holding steady, though down since July
Jul 21, 2015 (UPI)
The price for West Texas Intermediate crude oil fought off $49 per barrel in early Tuesday trading despite a string of pessimistic statements from U.S. players....
Iran working to renew gas pipeline interest
Jul 21, 2015 (UPI)
A project once dubbed the Peace Pipeline could see new life with Chinese and Indian investors working in a post-sanctions Iran, a Pakistani official said. Salma...
Report: Cuba may get oil help from Angola
Jul 21, 2015 (UPI)
Cuba expects to kick start its deepwater oil exploration activity with assistance from Angola's state-run energy company Sonangol, a Cuban official said. Cuba i...
Engie builds LNG portfolio in Asia
Jul 21, 2015 (UPI)
French energy company Engie said Tuesday it was building its position in the liquefied natural gas market through a partnership with a Japanese power producer. ...
Bolivia to explore oil in seven of 22 protected areas
Jul 21, 2015 (AFP)
Bolivia will explore for oil in seven of 22 protected reserves, the president said Tuesday, sparking outcry from opposition activists. President Evo Morales ple...
AAA: U.S. retail gasoline market volatile
Jul 21, 2015 (UPI)
A stable national retail average price for a gallon of gasoline is masking volatility in some U.S. sectors brought on by refinery issues, motor club AAA said. T...
Technip bags TAP management contract
Jul 21, 2015 (UPI)
A consortium working to diversify the European energy sector with Azeri natural gas said it picked French contractor Technip to help steer the project forward. ...
Eni finds more natural gas in Egypt
Jul 20, 2015 (UPI)
Italian energy company Eni said Monday it made what it considers to be an important discovery of natural gas in the Egyptian Nile Delta. Eni said it made a disc...
New family of chemical structures can effectively remove CO2 from gas mixtures
Jul 20, 2015 (SPX)
A newly discovered family of chemical structures, published in Nature, could increase the value of biogas and natural gas that contains carbon dioxide. The new ...
Oil prices continue steady drift lower
Jul 20, 2015 (UPI)
Ongoing anticipation over the return of Iranian oil, and emerging stability in the U.S. oil sector, pushed crude oil prices slightly lower in Monday trading. Br...
TransCanada boasts of benefits of North American pipelines
Jul 20, 2015 (UPI)
The shipment of the 1 billionth barrel of oil through the Keystone oil pipeline system shows commitment to U.S. energy security, TransCanada said. The Canadian ...
No change in North Dakota rig deployments
Jul 20, 2015 (UPI)
North Dakota oil activity is leveling out during an era of lower oil prices with activity in the exploration and production sector holding steady, data show. No...
Return of Iranian oil may cause more OPEC tensions
Jul 19, 2015 (AFP)
The return of oil from Iran following the landmark nuclear energy deal with world powers could create fresh tensions within OPEC but may reinforce the cartel's ...
Iran deal a mixed economic win for Russia: analysts
Jul 19, 2015 (AFP)
The landmark deal on Iran's nuclear programme that Russia helped steer through marathon talks is a diplomatic fillip for Moscow which will boost trade with Tehr...
No contact with Iran, European gas pipeline group says
Jul 17, 2015 (UPI)
A consortium managing a pipeline designed as way to diversify the European natural gas sector said it hasn't made any contacts with potential Iranian suppliers....
Cleanup in western Canada after oil sands spill
Jul 17, 2015 (AFP)
A pipeline leak in western Canada has spilled some 31,500 barrels (five million liters) of oil sands, the owner of the affected facility said on Friday. A mixtu...
Santos navigating weak energy market
Jul 17, 2015 (UPI)
Australian energy company Santos said it was maintaining its production guidance moving forward despite reductions in capital and operating expenditure. "Santos...
Ukraine considers Kazakh gas transit options
Jul 17, 2015 (UPI)
Trade agreements with Kazakhstan may include the possibility of receiving natural gas shipments sent through the country, Ukraine's government said. The Ukraini...
Investors eye rewards and risks in post-sanctions Iran
Jul 17, 2015 (AFP)
Foreign firms are eager to exploit the potential of Iran's long-isolated economy following a landmark nuclear deal, but experts say doing business in the Islami...
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