OIL - AFRICA DAILY

Jun 24, 2015 (UPI)

Pipeline company TransCanada said it cut about 3 percent of its North American workforce in an effort to move forward with a $37 billion capital growth plan. Th...

Shell holds Tehran talks over potential investment

Jun 24, 2015 (AFP)

Anglo-Dutch giant Shell on Wednesday became the first international oil group to announce that it had held talks with Iran about potential investment should san...

Gas prices start edging lower

Jun 23, 2015 (UPI)

The price for a gallon of regular unleaded gasoline in the United States is edging lower as wholesale prices decline and refinery issues ebb, surveys find. Moto...

Surveys begin in Gulf of Mexico rig fire

Jun 23, 2015 (UPI)

Federal agencies in Mexico said they're conducting aerial surveillance of a fire that occurred on a platform in the southern Gulf of Mexico. State-run news agen...

Canada files charges for Lac-Megantic disaster

Jun 23, 2015 (UPI)

The Canadian transport authority said it filed legal charges in connection with the Lac-Megantic oil-train disaster in 2013 under two federal acts. The federal ...

FARC rebels kill four and rupture Colombian pipeline

Jun 23, 2015 (AFP)

Colombia's FARC rebels killed four soldiers and wounded six by setting a landmine that exploded when an army helicopter landed on it, officials said. The attack...

Oil prices off on Chinese supply data

Jun 23, 2015 (UPI)

Crude oil prices moved lower for the second consecutive day on word of increased Chinese oil production and expectations from Iran. Brent crude oil prices lost ...

Plains reveals California spill migration

Jun 23, 2015 (UPI)

Oil spilled off the California coast in May migrated more than 150 miles to mix with oil from natural seeps, Plains All American Pipeline said. Plains said it r...

Lundin reshuffles executive lineup

Jun 22, 2015 (UPI)

Swedish energy company Lundin Petroleum said Monday it would appoint new talent to lead the company as it charts a long term strategy for growth. "I have decide...

North Dakota upstream holding steady

Jun 22, 2015 (UPI)

One week after the state governor touted economic diversity, data from North Dakota show stability in the exploration and production side of the energy sector. ...

US mid-continent seismicity linked to high-rate injection wells

Jun 22, 2015 (SPX)

A dramatic increase in the rate of earthquakes in the central and eastern U.S. since 2009 is associated with fluid injection wells used in oil and gas developme...

Tullow settles Ugandan tax dispute

Jun 22, 2015 (UPI)

Settling a long-running tax dispute with the Ugandan government is a positive development for the nation's energy sector, Tullow Oil announced Monday. Tullow sa...

Oil prices remain below June 1 level

Jun 22, 2015 (UPI)

Oil prices started the last full trading week in June in stable territory as the Greek debt crisis continues, but prices are still below June 1 levels. The pric...

Oil markets stable, Russian minister says

Jun 22, 2015 (UPI)

From the Russian perspective, the situation in the global crude oil market is starting to stabilize, the minister of economic development said. Crude oil prices...

Five new calcium carbides: Unique reducers and new hydrocarbon synthesis methods

Jun 22, 2015 (SPX)

A team led by MIPT Professor Artem Oganov has used computer simulation to predict the existence of five completely new compounds of carbon and calcium with vari...

More than 87 miles of oiled Calif. beaches cleared

Jun 22, 2015 (UPI)

A unified command responding to the May oil spill off the California coast said more than 90 percent of the contaminated shorelines have met cleanup goals. "Of ...

NASA Joins North Sea Oil Cleanup Training Exercise

Jun 22, 2015 (JPL)

NASA participated for the first time in Norway's annual oil spill cleanup exercise in the North Sea on June 8 through 11. Scientists flew a specialized NASA air...

PBF expands Gulf of Mexico refinery footprint

Jun 19, 2015 (UPI)

Independent refiner PBF Energy said it will spend more than $300 million to acquire a Louisiana oil refinery from Exxon and its Venezuelan affiliates. Tim Nimbl...

Russian gas giant Gazprom extends reach

Jun 19, 2015 (UPI)

Russian energy company Gazprom during an investment forum in St. Petersburg has moved to strengthen its global hand with a new deck of proposals. Gazprom this w...

Oil prices drift lower on U.S. output statements

Jun 19, 2015 (UPI)

Concerns about the trajectory of crude oil prices trumped reports of increased demand in the United States, sparking a retraction in early Friday trading. Brent...