OIL

10,863 articles

Iran says it foiled US cyber attack on oil ministry
May 26, 2015 (AFP)
Iran said on Tuesday it had foiled a cyber-attack on the Islamic republic's oil ministry, and that those behind the hacking attempt were based in the United Sta...
Removal set for breached California oil pipeline
May 26, 2015 (UPI)
Pipeline company Plains All American said operations to remove the damaged section of a pipeline that spilled oil off the California coast could begin Tuesday. ...
Forest fire forces 10% cut in Canada oil sands output
May 25, 2015 (AFP)
Two oil companies announced Monday the temporary shuttering of their Canadian oil sands mines and the evacuation of hundreds of staff as a massive forest fire c...
This Innovation Will Help U.S. Companies Win The Oil Price War
May 25, 2015 (SPX)
Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in dr...
Libya pro-government raid hits oil tanker: report
May 24, 2015 (AFP)
Forces loyal to Libya's internationally recognised government carried out an air strike Sunday on an oil tanker delivering its cargo to a power plant run by the...
Iran's Rouhani wants to 'free' economy from sanctions
May 24, 2015 (AFP)
Iranian President Hassan Rouhani called Sunday for national unity to liberate the economy from international sanctions, which he compared to a form of occupatio...
California beach town cleans up after oil spill
May 23, 2015 (AFP)
A small army of clean-up workers toiled Friday to scoop up crude oil deposits from a picturesque California beach, three days after a pipeline rupture unleashed...
Report: Exxon reviewing U.S.-Iranian ties
May 22, 2015 (UPI)
A spokesman for U.S. energy company Exxon Mobil said it was keeping close tabs on evolving ties between the U.S. and Iranian governments. Bloomberg news reporte...
Measuring air quality of natural gas extraction in Marcellus Shale region
May 22, 2015 (SPX)
A team led by environmental engineers from Drexel University are the first independent researchers to take a closer look at the air quality effects of natural g...
Total to hand back shale gas licence in Denmark
May 22, 2015 (AFP)
French energy group Total is to hand back one of its two shale gas licences in Denmark after disappointing test drilling results, the Danish Energy Agency said ...
Are US Drillers Actually Making A Comeback?
May 22, 2015 (SPX)
Is US shale about to make a comeback? Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and...
Natural gas versus diesel: Examining the climate impacts
May 22, 2015 (SPX)
Some major trucking companies are turning to natural gas to fuel their fleets - and to earn "green" credit among customers. But celebrating lower emissions coul...
Oil markets end week on down note
May 22, 2015 (UPI)
This week's rally in crude oil prices came to an abrupt end Friday with key indices down more than 1 percent on small gains in demand. West Texas Intermediate, ...
New York snubs Albany port bitumen project
May 22, 2015 (UPI)
New York's state government found there would be "at least one" environmental issue with a proposal to build a tar sands storage facility at a rail terminal. Th...
Statoil comes up dry in Norwegian Sea
May 22, 2015 (UPI)
The Norwegian government said Friday energy company Statoil came up empty-handed when drilling in a frontier prospect near the Helm field in the Norwegian Sea. ...
European cash to support Ukraine's energy reforms
May 22, 2015 (UPI)
The European Commission signed a $2 billion loan agreement Friday with Ukraine to help finance a reform agenda, including an overhaul of the energy sector. Euro...
Gazprom expects gas production to rise
May 21, 2015 (UPI)
Russian energy company Gazprom said it expects natural gas production from its assets to increase by 1.5 percent for full-year 2015. Gazprom board members revie...
Chinese data, U.S. crude stocks, lift oil prices
May 21, 2015 (UPI)
Crude oil prices extended their rally Thursday with key indices gaining ground on reports of modest growth in Chinese manufacturing. Brent crude oil prices gain...
Iran sets oil sights on Asia
May 21, 2015 (UPI)
Iran will be among the top oil suppliers for Asian consumers if sanctions are lifted as the result of nuclear talks, Iran's deputy oil minister said. Iran is ex...
Statoil: North Sea pipeline breach 'significant'
May 21, 2015 (UPI)
A February leak from the Gudrun platform in the North Sea had the potential to be a significant and fatal incident, an investigation from Statoil found. Gudrun ...
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