OIL

10,863 articles

Asian demand signals give oil prices stability
May 18, 2015 (UPI)
Signs of strong Asian demand provided a modest lift to crude oil prices early in the trading day Monday, though major indices remain relatively stable for May. ...
U.S. sued over oil-train rules
May 15, 2015 (UPI)
The American Petroleum Institute said it filed a lawsuit against the U.S. Department of Transportation challenging a federal timeline for oil-train safety. U.S....
Shell facing stiff Seattle opposition
May 15, 2015 (UPI)
Though Shell may drill in Alaska's arctic waters no matter how many protests are held, a Seattle organizer said the company can be cast in a bad light. Seattle ...
Pace of U.S. rig decline slows
May 15, 2015 (UPI)
The pace at which the exploration and production sector in North America is declining is slowing, weekly data from oil field services company Baker Hughes show....
Canada oil group vows to strengthen industry
May 15, 2015 (UPI)
The oil and gas industry in Canada said it was ready to work with the incoming provincial government in Alberta to strengthen a sector hurt by low oil prices. T...
Serbia backs Russian gas pipeline interests
May 15, 2015 (UPI)
The Serbian foreign minister told his Russian counterpart Friday joining a gas pipeline project through Turkey was in his country's best interests. "We want to ...
US oil production 'important' amid clean energy transition: Obama
May 15, 2015 (AFP)
President Barack Obama Thursday called US oil production an "important" source of energy as America transitions towards cleaner resources, defending his move to...
Gulf nations say reassured by Obama's 'ironclad' pledge
May 15, 2015 (AFP)
Gulf nations were reassured by a pledge from US President Barack Obama that Washington would stand by them despite its overtures to Iran, a senior Arab official...
Former MI6 boss picked as BP director
May 14, 2015 (UPI)
British energy company BP said Thursday it hired John Sawers, the former head of spy agency MI6, as a non-executive director. Sawers, a 36-year veteran of inter...
Crude oil prices stall out
May 14, 2015 (UPI)
Expectations of a lower price for Brent crude oil kept keep indices treading water in early Thursday trading, relatively unchanged to start the day. Brent crude...
Export nod triggers Texas LNG construction
May 14, 2015 (UPI)
After a federal export nod, Cheniere Energy, a liquefied natural gas pioneer, said it would proceed with construction of the first of two facilities in Texas. T...
Florida lawmakers say no to Atlantic drilling
May 14, 2015 (UPI)
Florida lawmakers introduced a bill to ban early oil and gas work off the state coast, saying an early push for east coast drilling was too risky. "I was involv...
Oil production rebounds in North Dakota
May 14, 2015 (UPI)
Oil production in North Dakota increased 1 percent despite obvious signs of a slowdown in the state's shale reserve areas, state data show. The North Dakota Ind...
New York fracking ban closer to law
May 14, 2015 (UPI)
Parts of the Marcellus shale natural gas play in New York may be off limits to hydraulic fracturing because of potential adverse risks, a state review found. Ne...
New drilling technology could unlock old oil
May 14, 2015 (UPI)
Analysis from research center IHS finds advances in hydraulic fracturing used in the United States could unlock oil in mature fields outside North America. IHS ...
Oil prices fall on weak China data
May 14, 2015 (AFP)
Oil prices fell in Asia on Thursday as lacklustre Chinese economic data raised concerns about demand in the world's top energy consuming nation, analysts said. ...
LNG slated for U.S. exports
May 13, 2015 (UPI)
A plant in Texas is authorized to send liquefied natural gas to countries that don't have a free-trade deal with the United States, the federal government said....
Capitol Hill weighs in on Shell's plans for Alaska
May 13, 2015 (UPI)
U.S. lawmakers had their say on the conditional consent given to Shell's plans for offshore Alaska, saying it's an affirmation of the industry's track record. W...
Enbridge, Michigan reach settlement for 2010 oil spill
May 13, 2015 (UPI)
A Michigan environmental regulator said Wednesday it was pleased with an Enbridge settlement that focuses on restoration work from a 2010 oil spill. Line 6b, pa...
Iran sees Bulgaria as a gas bridge to Europe
May 13, 2015 (UPI)
Bulgaria is in a geographical position to serve as a stepping stone for Iranian gas ambitions to reach Europe, the Iranian president said. Iranian President Has...
Buy Advertising About Us Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.