OIL

10,863 articles

Europe welcomes Polish gas diversity efforts
Jul 17, 2015 (UPI)
More than half of the gas projects slated for Polish government grants will connect to European markets and help diversify the sector, an EU commissioner said. ...
API sees strong U.S. energy sector
Jul 17, 2015 (UPI)
Data published by the American Petroleum Institute show the U.S. energy sector is thriving, with consumption and production on the rise. API reported gasoline d...
Hydraulic fracturing linked to hospitalization rates in Marcellus shale area
Jul 16, 2015 (SPX)
Hospitalizations for heart conditions, neurological illness, and other conditions were higher among people who live near unconventional gas and oil drilling (hy...
Norway sees oil production gains
Jul 16, 2015 (UPI)
The Norwegian government reported Thursday that daily production of oil and natural gas was up from May, though total gas sales declined from May. Total oil pro...
Canada set energy sector records last year
Jul 16, 2015 (UPI)
A federal Canadian report on the energy sector pointed to a strong 2014, though industry groups this year suggest rough waters are ahead in a weak oil market. T...
Lending for Greece boosts oil prices
Jul 16, 2015 (UPI)
Prospects of emergency lending for Greece and stable European interest rates helped lift crude oil prices that have otherwise struggled through July. Greek lawm...
The Multi-Trillion Dollar Oil Market Swindle
Jul 16, 2015 (SPX)
By Leonard Brecken of Oilprice.com In the past, I documented the overstatements by both the IEA and EIA in 2014 and 2015 in terms of supply, inventory and under...
Wood Mackenzie: Russia's energy players resilient
Jul 16, 2015 (UPI)
Consultant group Wood Mackenzie said Thursday oil and gas companies in Russia are suited well to withstand any protracted slump in the crude oil market. Crude o...
Kinder Morgan grabs holds of Georgia LNG project
Jul 16, 2015 (UPI)
Infrastructure leader Kinder Morgan announced it bought the entire stake in a liquefied natural gas terminal in Savannah, Ga., for $630 million from Shell. "We ...
Mexico draws natural gas interest from France
Jul 16, 2015 (UPI)
French energy company Engie said Thursday it signed a series of agreements to work closer with its Mexican counterparts in the natural gas market. Chairman and ...
Oil markets retract in Greek anticipation
Jul 15, 2015 (UPI)
Crude oil prices retreated in Wednesday trading after a downbeat report from the International Monetary Fund on Greece and clamoring over Iran's oil potential. ...
Michigan calls for tar sands ban
Jul 15, 2015 (UPI)
A pipeline report from Michigan calls for a ban on the transportation of heavier crude oil grades through pipelines running through the Straits of Mackinac. "Wh...
LNG deliveries mulled for Ukrainian market
Jul 15, 2015 (UPI)
A Texas-based company, led in part by a former Conoco Phillips veteran, said it was reviewing the prospects of shipping liquefied natural gas to Ukraine. Fronte...
BHP Billiton takes hit on U.S. shale but soldiers on
Jul 15, 2015 (UPI)
Australian energy giant BHP Billiton said it expects to take a $2 billion hit on Texas shale, but held out hope for its onshore U.S. operational strategy. The c...
Tehran nuclear deal revives hope for Pakistan-Iran gas pipeline: minister
Jul 15, 2015 (AFP)
Islamabad is hopeful of reviving a stalled gas pipeline project connecting Iran to energy-starved Pakistan, a minister told AFP Wednesday following the signing ...
Fracking report a 'road map' to safer energy production
Jul 15, 2015 (SPX)
A new report to state lawmakers on hydraulic fracturing in California provides an important road map for scientists as they strive to produce energy while prote...
ADB: LNG short-term boost to Pacific economies
Jul 15, 2015 (UPI)
The Asian Development Bank said Wednesday natural gas exports from Papua New Guinea are helping to boost short-term overall growth for Pacific economies. "Cyclo...
Oil sinks on outlook for more Iran crude exports
Jul 15, 2015 (AFP)
Oil prices sank Wednesday as traders priced in the impact on global oversupply from Iran's historic nuclear deal with major powers. The market was also pushed l...
Oil prices higher in Asian trade
Jul 15, 2015 (AFP)
Oil prices rose in Asia Wednesday on easing concerns about the impact of the expected flood of Iranian supplies on the global market following the country's his...
Iraq says no alarm at prospect of hiked Iran oil exports
Jul 15, 2015 (AFP)
Iraq can offset the impact of the Iran nuclear deal on oil prices and competition for export markets with higher production and improved regional trade, the oil...
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