OIL

10,863 articles

Curtis Island LNG plant for Santos closer to completion
Sep 26, 2014 (UPI)
Australian energy company Santos said Friday some of the final sections of a processing unit for a liquefied natural gas plant on Curtis Island have arrived. Sa...
Fracking's environmental impacts scrutinised
Sep 26, 2014 (SPX)
Greenhouse gas emissions from the production and use of shale gas would be comparable to conventional natural gas, but the controversial energy source actually ...
Marcellus drilling boom may have led to too many hotel rooms
Sep 26, 2014 (SPX)
Drilling in Pennsylvania's Marcellus Shale region led to a rapid increase in both the number of hotels and hotel industry jobs, but Penn State researchers repor...
Oettinger: Norway 'essential' piece of European gas puzzle
Sep 26, 2014 (UPI)
Norwegian Energy Minister Tord Lien said his country has the resources and infrastructure in place to serve as a steady partner in the European energy sector. L...
Ukraine, Europe, Russia make progress in gas talks
Sep 26, 2014 (UPI)
Trilateral natural gas talks Friday in Berlin have resulted in temporary relief for Ukraine, delegates at the conference confirmed. Russian, Ukrainian and Europ...
Iran says OPEC should react to declining oil prices
Sep 26, 2014 (UPI)
Members of the Organization of Petroleum Exporting Countries should take efforts to stem the decline in crude oil prices, Iran's oil minister said Friday. Oil p...
Natural gas usage will have little effect on CO2 emissions
Sep 26, 2014 (SPX)
Abundant supplies of natural gas will do little to reduce harmful U.S. emissions causing climate change, according to researchers at UC Irvine, Stanford Univers...
Natural gas adoption will have a minimal effect on emissions
Sep 25, 2014 (UPI)
Natural gas is abundant, cheap and burns cleaner than coal. But will a transition from coal to natural gas in the short term help reduce greenhouse gas emission...
Oil and shipping giants offer $1.5 million to counter Somali pirates
Sep 25, 2014 (UPI)
A joint initiative led by leading oil and shipping companies said Thursday they were donating $1.5 million in funds to stem piracy off the coast of Somalia. The...
EU says cooperation with Canada extends to energy
Sep 25, 2014 (UPI)
The development of ties in the energy sector is on the table for bilateral talks with Canadian officials, leaders from the European Union said. European Council...
Kremlin ready to prop up energy companies if they need it
Sep 25, 2014 (UPI)
Russian energy companies feeling the squeeze from Western economic sanctions can appeal for help from the government, the deputy energy minister said Thursday. ...
Enhanced recovery methods for shale hold promise
Sep 24, 2014 (UPI)
A Wednesday report for energy consultant group Wood Mackenzie finds emerging shale technology could add at least 1 million barrels per day to U.S. output. Prima...
Hess plans midstream subsidiary IPO
Sep 24, 2014 (UPI)
U.S. energy company Hess Corp. said Wednesday it filed the paperwork for an initial public offering it said could help advance its Bakken crude oil ambitions. H...
Study: Fracking wastewater treatment doesn't make it safe to drink
Sep 24, 2014 (UPI)
A new study suggests fracking wastewater can endanger drinking water even after it has passed through treatment plants and been diluted. Hydraulic fracturing, o...
Gazprom continues pivot toward Asia
Sep 24, 2014 (UPI)
Asia is the most attractive market for energy companies, the deputy chairman of Russian energy company Gazprom said at an Eastern investment conference. Deputy ...
Report: Pennsylvania gas lines among the leakiest
Sep 24, 2014 (UPI)
Billions of dollars are needed to update the vast network of natural gas pipelines, some at least 90 years old, beneath Pennsylvania, a newspaper report found. ...
Direct crude oil use in Saudi Arabia increasing
Sep 24, 2014 (UPI)
Saudi Arabia aims to use more renewable energy, but for now it burns more crude oil directly than any other nation in the Middle East, a Wednesday report found....
Shale gas should be part of climate narrative, London says
Sep 23, 2014 (UPI)
The British government said Tuesday describing green policies as growth policies that include shale gas is what's needed to change the climate narrative. More t...
Baghdad praises Kuwait's role in Iraqi oil sector
Sep 23, 2014 (UPI)
The Iraqi Oil Ministry welcomed a delegation from Kuwait to discuss ways in which the two countries could expand bilateral ties in the energy sector. Iraqi Oil ...
Gazprom reviewing South Stream developers in Hungary
Sep 23, 2014 (UPI)
A team tasked with designing the Hungarian section of the South Stream gas pipeline will be selected within a month, Russian gas company Gazprom said. Gazprom a...
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