OIL - AFRICA DAILY

Nov 21, 2014 (UPI)

There is no pollution associated with an explosion on a drilling platform about 12 miles off the coast of New Orleans in the Gulf of Mexico, a regulator said. T...

Greenpeace says it's the target of aggression

Nov 21, 2014 (UPI)

Greenpeace leaders from Norway said Friday their right to peaceful protest is getting sidelined by the economic interests of those in the energy industry. Green...

TAPI to get project developer by early 2015

Nov 21, 2014 (UPI)

Project leaders in New Delhi confirmed Friday parties to a multilateral gas pipeline from Turkmenistan will work to find a project operator by February. The fou...

EIA reviewing crude oil export ban

Nov 21, 2014 (UPI)

The U.S. Energy Information Administration said an oil import tracking tool is meant to assess the impact of a "possible relaxation" of export restrictions. U.S...

WTI price no shale threat

Nov 21, 2014 (UPI)

The slump in crude oil prices hasn't yet resulted in a slowdown in production from shale basins in the United States, analysis finds. Crude oil prices have fall...

Moscow working to save oil face

Nov 21, 2014 (UPI)

Russia is having a hard time keeping oil production levels at a static level because of revenue issues, Energy Minister Alexander Novak said Friday. "Our budget...

China discloses status of strategic oil reserves

Nov 20, 2014 (UPI)

For the first time ever, the Chinese government published data on its strategic petroleum reserves, saying it had about 91 million spare barrels on hand. The Na...

BP closer to bringing Azeri natural gas to Europe

Nov 20, 2014 (UPI)

A Canadian pipeline company said it secured a $200 million contract from BP to help develop the second phase of the Shah Deniz gas field off the Azeri coast. Sh...

Shots fired in U.S. oil export row

Nov 20, 2014 (UPI)

Claims that easing U.S. oil export restrictions won't have economic benefits go against peer-reviewed studies, the head of an oil producers coalition said. An i...

Ineos in $1bn bid to become UK's biggest fracking firm

Nov 20, 2014 (AFP)

Swiss-based petrochemical firm Ineos launched plans Thursday to become the biggest player in Britain's fracking sector with a $1.0-billion investment in the nat...

Russia's Gazprom keen on Vietnamese gas reserves

Nov 20, 2014 (UPI)

Russian energy company Gazprom said it was reviewing the prospects of further cooperation with Vietnam in the Asian country's offshore natural gas sector. Gazpr...

Crude oil prices continue upward swing

Nov 20, 2014 (UPI)

Though U.S. data show output continuing unabated, crude oil prices continued their rise Thursday in anticipation of next week's OPEC meeting. Prices for West Te...

Shale revolutionary for United Kingdom, company boss says

Nov 20, 2014 (UPI)

Chemical company Ineos said shale natural gas could "revolutionize" the British economy, though it's been met with stiff opposition from environmental advocates...

Iran secures gas from Turkmenistan

Nov 19, 2014 (UPI)

Turkmenistan under the terms of an agreement will increase the amount of gas it exports to Iran by 20 percent, Iran's deputy oil minister said Wednesday. Deputy...

GOP vows to try again with Keystone XL when new Congress begins

Nov 19, 2014 (UPI)

The Senate bill in favor of Keystone XL that died Tuesday would've been vetoed anyway, though Republican leaders said they'll try again. A Keystone XL bill spon...

Middle East violence pushes oil prices up

Nov 19, 2014 (UPI)

Violence in northern Iraq, coupled with word of continued pitfalls in Libya, helped push the price of oil into higher territory in Wednesday trading. Brent crud...

Poll: Less than half see energy security in United States

Nov 19, 2014 (UPI)

Less than half of the industry respondents believe the United States has gained an energy security advantage, a survey from Deloitte found. Deloitte published i...

Greenpeace ship Arctic Sunrise in Spanish custody

Nov 19, 2014 (UPI)

Three months after it was released by the Russian government, protest vessel Arctic Sunrise was seized by Spanish authorities, advocacy group Greenpeace said. S...

TransCanada: KXL delays make no sense

Nov 18, 2014 (UPI)

The equivalent of eight Keystone XL oil pipelines have been built in the United States since an application was submitted, planner TransCanada said Tuesday. Mem...

Greenpeace accuses Canada pipeline firm of 'dirty tricks'

Nov 18, 2014 (AFP)

Environmental pressure group Greenpeace accused pipeline firm TransCanada of "dirty tricks" Tuesday, publishing leaked documents it said showed it plans to smea...