OIL

10,863 articles

ONEOK to invest big on shale gas processing
Sep 23, 2014 (UPI)
Energy company ONEOK said it plans to invest at least $480 million on shale natural gas processing infrastructure in North Dakota and Wyoming. ONEOK said it wou...
Obama called on to ban DOT-111 trains from service
Sep 23, 2014 (UPI)
An environmental advocacy group said it wants President Barack Obama to use his authority to ban the type of rail cars tied to recent oil train derailments. Old...
Canada, South Korea deepen energy relationship
Sep 23, 2014 (UPI)
A joint declaration from the Canadian and South Korean governments said the depth of their bilateral relationship extends well into the energy sector. Canadian ...
Oil prices mixed after uneven data from China, Europe
Sep 23, 2014 (AFP)
Oil prices were mixed on Tuesday following better-than-expected Chinese manufacturing data but a poor showing in a key measure of eurozone activity. In New York...
Gazprom Neft: Second tanker of arctic oil on its way to Europe
Sep 22, 2014 (UPI)
Russian oil company Gazprom Neft said Monday the second tanker of oil taken from an arctic field was delivered to European customers. Gazprom Neft confirmed a t...
Less gas coming from Russia through Ukraine, Slovakia says
Sep 22, 2014 (UPI)
An energy company in Slovakia said it recorded a drop in the amount of Russian natural gas headed its way through the Soviet-era transit network in Ukraine. A s...
Oil-rich MENA not ready to tackle threat from climate change
Sep 22, 2014 (UPI)
Countries in the Middle East and North Africa have done little as a whole to address the threats from climate change, the American Security Project said Monday....
Basra oil wealth a reconstruction tool for Iraq
Sep 22, 2014 (UPI)
Iraq is relying on Basra, the economic capital, to put the country on the road to recovery on the back of oil wealth, the oil minister said. Iraqi Oil Minister ...
Greenpeace calls on LEGO to snap ties to Shell
Sep 22, 2014 (UPI)
Environmental advocacy group Greenpeace said toy company LEGO runs the risk of spoiling its reputation with its tacit ties to Shell's arctic drilling campaign. ...
EU, Russia, Ukraine to meet in Berlin over gas issues
Sep 22, 2014 (UPI)
The European Commission confirmed a trilateral meeting with Russian and Ukrainian energy ministers was scheduled for Friday in Berlin. The commission said Europ...
BP breaks ground on Shah Deniz natural gas pipeline
Sep 22, 2014 (UPI)
British energy company BP said it started a new chapter in its relationship with Azerbaijan by holding a groundbreaking for a new gas pipeline for Europe. Membe...
Texas fracking company fined record $4.15 million by Penn. regulators
Sep 22, 2014 (UPI)
Regulators with the Pennsylvania Department of Environmental Protection have fined oil and gas company Range Resources $4.15 million for environmental violation...
Iran considers other use for Pakistani gas pipeline
Sep 22, 2014 (UPI)
Outgoing Iranian Deputy Oil Minister Ali Majedi said his country might be able to find another use for a gas pipeline extending toward the Pakistani border. Ira...
With low gas prices, high oil production, House wants more
Sep 19, 2014 (UPI)
A bill that passed through the U.S. House of Representatives will bring relief to consumers feeling the "squeeze" of high gasoline prices, backers say. The Hous...
U.S., Algeria ties not limited to energy, minister says
Sep 19, 2014 (UPI)
The Algerian foreign minister said from Washington bilateral ties with the United States are not limited exclusively to the energy sector. Algerian Foreign Mini...
Energy companies remain committed to Scotland
Sep 19, 2014 (UPI)
After a "no" vote, British energy company BP said Friday it would work closely with the governments in Edinburgh and London to boost North Sea recovery. More th...
We're still Europe's No. 1 gas supplier, Gazprom says
Sep 19, 2014 (UPI)
Though China is becoming an important business partner, the European market is the prime destination for Russian gas, the CEO of Gazprom said Friday. Chief Exec...
Russian energy migrating beyond West Siberia, EIA says
Sep 19, 2014 (UPI)
Russia is looking to develop energy in hard-to-reach areas as legacy production falls from its peak, the U.S. Energy Information Administration found. EIA said ...
API: Crude oil imports lowest in nearly 20 years
Sep 19, 2014 (UPI)
U.S. imports of crude oil in August were the lowest they've been in almost 20 years, the American Petroleum Institute said. API said in its monthly report on tr...
Exxon puts Permian shale acreage in its pocket
Sep 19, 2014 (UPI)
Exxon Mobil said it added to its portfolio in the Permian shale basin in Texas in exchange for a portion of its field operations in California. Exxon under the ...
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