OIL

10,863 articles

Energy job losses mount for Canada
Jun 16, 2015 (UPI)
More than 25,000 total jobs are expected to be lost in the Canadian exploration and production sector, a well drilling association said. The Canadian Associatio...
Activists arrested in Shell protest
Jun 16, 2015 (UPI)
Fourteen activists from Greenpeace were arrested by federal authorities during a protest against Shell's arctic Alaska program off the coast of Seattle. Activis...
U.S. gasoline prices take unexpected rise
Jun 16, 2015 (UPI)
Retail gasoline prices in the United States are making a surprise surge as high demand and ongoing refinery issues crimp supplies, motor club AAA said. AAA repo...
The 'Uncatchable' one-eyed jihadi Belmokhtar
Jun 15, 2015 (AFP)
Mokhtar Belmokhtar, the one-eyed Islamist reported Monday to have been killed in a US airstrike in Libya, was an Al-Qaeda veteran and mastermind of a devastatin...
BP stands pat despite Gulf weather threats
Jun 15, 2015 (UPI)
Operations in the Gulf of Mexico are currently operating and normal, though BP said it was monitoring closely an unnamed tropical disturbance. "BP is closely mo...
Algeria gas plant jihadist Belmokhtar 'killed in US strike'
Jun 15, 2015 (AFP)
Al-Qaeda-linked jihadist Mokhtar Belmokhtar, who allegedly masterminded the siege of an Algerian gas plant in which 38 hostages died, has been killed in a US ai...
PNG LNG delivers 100th cargo
Jun 15, 2015 (UPI)
A liquefied natural gas project in Papua New Guinea, led Exxon Mobil, marked a milestone with its 100th delivery during the weekend, the consortium said. The PN...
Iran sees balanced oil markets
Jun 15, 2015 (UPI)
The global market for oil will remain balanced when Iran reaches its full export potential even if that means cuts from OPEC members, an envoy said. Mehdi Assal...
British fracking campaign takes early step
Jun 15, 2015 (UPI)
A British county council at the center of the country's fledgling hydraulic fracturing sector gave partial support Monday to shale pioneer Caudrilla Resources. ...
Appeals court backs Shell's Alaska campaign
Jun 12, 2015 (UPI)
A federal appeals court ruled in favor of Royal Dutch Shell in a challenge from environmental groups to the company's oil spill response plans offshore Alaska. ...
Canada's LNG ambitions get support
Jun 12, 2015 (UPI)
Energy company TransCanada said Friday it had the investment decisions necessary to plan to start pipeline construction for an LNG plant in British Columbia. Pa...
Energy investments in Norway to flatten out
Jun 12, 2015 (UPI)
The Norwegian government said it expects more overall investments in offshore exploration, though preliminary expectations for energy next year are flat. Data p...
Hess brings partners to Bakken infrastructure
Jun 11, 2015 (UPI)
U.S. midstream player Hess Corp. said it brought a new partner into its North Dakota operations with the goal of taking a pole position in the Bakken shale. Hes...
Spending planned in Colorado shale
Jun 11, 2015 (UPI)
Colorado energy company Bill Barrett said it planned to invest more capital on drilling operations in the Denver-Julesburg shale basin in the state. "Our financ...
No more oil sands, green group says
Jun 11, 2015 (UPI)
Canadian oil sands and associated infrastructure are standing in the way of the transition to a low-carbon economy, an environmental group said. The National Re...
Oil prices fizzle on so-so economic data
Jun 11, 2015 (UPI)
Expectations of a short-term global decline in oil demand and a modest increase in U.S. unemployment sent crude oil prices lower in early Thursday trading. Bren...
Chevron to rebuild in the Gulf of Mexico
Jun 11, 2015 (UPI)
Chevron is spending money in the U.S. Gulf of Mexico to have existing installation removed and new equipment added in deep waters, French company Technip said. ...
'Myths' persist about the increase in human-caused seismic activity
Jun 11, 2015 (SPX)
Seismologists studying the recent dramatic upswing in earthquakes triggered by human activity want to clear up a few common misconceptions about the trend. Ther...
The Evolution Of The Oil Weapon
Jun 11, 2015 (SPX)
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on...
Iran learning to cope with low oil sales
Jun 11, 2015 (UPI)
Revenue generated from oil sales from Iran have declined dramatically, but the country needs to learn to cope, an Iranian government spokesman said. Government ...
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