OIL

10,863 articles

A global natural gas boom alone won't slow climate change
Oct 20, 2014 (SPX)
A new analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current bounty of inexpensive natural gas ...
EIA: North Dakota close to goals for curbing flared gas
Oct 20, 2014 (UPI)
North Dakota is on pace to meet its yearly goal for curbing the amount of natural gas burned off during oil production, the U.S. Energy Department said Monday. ...
More gas talks between EU, Russia and Ukraine scheduled
Oct 20, 2014 (UPI)
The European Commission said Monday it scheduled another round of talks with its Russian and Ukrainian counterparts to settle a lingering gas issue. "The next t...
Iran determined to move ahead with pipeline to Pakistan
Oct 20, 2014 (UPI)
Despite reports the project has been abandoned, the Iranian government said it was determined to push ahead with a gas pipeline for Pakistan. "Tehran and Islama...
Tamar partners intent on selling Israeli gas to Egypt
Oct 20, 2014 (UPI)
The partnership in control of one of the largest natural gas basins off the coast of Israel announced their intention to sign an export deal with Egypt. The con...
Libyan operations give production boost to OMV
Oct 20, 2014 (UPI)
Austrian energy company OMV said Monday its quarterly production was boosted by the resumption of operations in war-torn Libya. "Production levels in the third ...
Hydraulic fracturing linked to earthquakes in Ohio
Oct 17, 2014 (SPX)
Hydraulic fracturing triggered a series of small earthquakes in 2013 on a previously unmapped fault in Harrison County, Ohio, according to a study published in ...
U.S. oil imports down 7.4 percent, production up even more
Oct 17, 2014 (UPI)
U.S. crude oil imports for the first full week in October were down by more than 7 percent from one year ago, the U.S. Department of Energy found. The departmen...
Kurdish government praises latest regional oil discovery
Oct 17, 2014 (UPI)
A new oil discovery in northern Iraq moves the region closer to a 1 million barrel per day production goal, a Kurdish government official said Friday. British e...
Inpex expecting 105,000 bpd from oil field off Emirati coast
Oct 17, 2014 (UPI)
Japanese energy company Inpex Corp. disclosed Friday it started producing oil for the first time at a field off the coast of Abu Dhabi. Subsidiary Japan Oil Dev...
Pentagon: Bombing ISIS oil targets key focus of strategy
Oct 17, 2014 (UPI)
Striking fixed Islamic State targets in Syria, including oil facilities, is part of the strategic effort to cripple the group, a Pentagon official said. The gro...
WTI, Brent prices rebounding, but stay suppressed
Oct 17, 2014 (UPI)
West Texas Intermediate and Brent crude oil prices each climbed toward the $85 per barrel mark, trading data Friday show. WTI, the U.S. benchmark, for November ...
Kinder wants to expand pipeline system for more shale gas
Oct 17, 2014 (UPI)
Expanding a gas system in the U.S. Midwest will facilitate the utilization of shale gas from the Utica and Marcellus plays, pipeline company Kinder Morgan said....
EU examining ways to counter Russian gas shortage
Oct 17, 2014 (UPI)
If members of the European Union show some solidarity, they'll be able to cope with a potential Russian gas shortage, the European energy commissioner said. The...
U.S. to auction off oil, gas acreage in Gulf of Mexico
Oct 17, 2014 (UPI)
Acreage set for auction in the Gulf of Mexico may hold as much as 894 million barrels of oil and 3.9 trillion cubic feet of gas, the U.S. government said. Burea...
Iraqi oil minister discusses oil spats with Kurdish leader
Oct 16, 2014 (UPI)
Baghdad sees the national constitution as the best venue through which to solve oil disputes with its Kurdish counterparts, the oil ministry said. Iraqi Oil Min...
Wood Group to help develop CCS project in Scotland
Oct 16, 2014 (UPI)
Oil services company Wood Group Kenny said Thursday it secured an engineering contract to help develop a Scottish carbon capture and storage facility. "We are l...
North Dakota reducing flaring of associated gas
Oct 16, 2014 (UPI)
State wide, more of the natural gas associated with shale deposits in North Dakota has been captured, a state energy director said. North Dakota oil production ...
Russian gas giant Gazprom wants to tap Argentina market
Oct 16, 2014 (UPI)
Russian gas company Gazprom said it may be interested in exploration and production in Argentina through an agreement with energy company YPF. Gazprom Chairman ...
U.S. confident oil-rich Yemen will withstand threats
Oct 16, 2014 (UPI)
With a major oil company fearful of the security situation in Yemen, the U.S. State Department said it's confident the government in Sanaa will stay in place. T...
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