OIL

10,863 articles

Advocates rally against BP at Tate Modern in London
Sep 08, 2014 (UPI)
A British art collective said it was calling on oil company BP to come clean about the corporate culture that led to the 2010 oil spill in the Gulf of Mexico. M...
Genel Energy says security has improved in northern Iraq
Sep 08, 2014 (UPI)
British energy company Genel Energy said Monday it started returning staff to the Kurdish north of Iraq following improvements in the security situation. "Genel...
Jim Prentice dreams 'big' for Alberta as new premier
Sep 08, 2014 (UPI)
Canadian Prime Minister Stephen Harper welcomed the selection of former Environment Minister Jim Prentice as the next premier of Alberta. Prentice won a landsli...
China sees huge benefits from lower oil prices
Sep 08, 2014 (UPI)
The Chinese government said Monday it could save as much as $5 billion per month on import bills in part because of falling crude oil prices. Global crude oil p...
Iraq challenges Greek shipper of Kurdish oil in court
Sep 08, 2014 (UPI)
The Iraqi government revealed Monday it started legal proceedings against a Greek company responsible for exports of oil from the Kurdish north of the country. ...
Baker Hughes shows U.S. rig count up 5 percent from 2013
Sep 08, 2014 (UPI)
The number of rigs actively exploring for or developing oil and natural gas in the United States is up more than 5 percent from 2013, Baker Hughes said Monday. ...
Oil drops on weak economic data from China, Japan
Sep 08, 2014 (AFP)
Oil prices dropped Monday with the European benchmark contract slipping below $100 a barrel on concerns about fragile demand, heavy supply and a strengthening U...
Rosneft secured from sanctions with hefty loan
Sep 08, 2014 (UPI)
The Kremlin has a vested interest in ensuring sanctions-strapped oil company Rosneft can maintain operations, the Russian prime minister said Monday. Western go...
Iraqi power plant starts receiving Iranian natural gas
Sep 08, 2014 (UPI)
Iranian natural gas is reaching an Iraqi power plant though a now-completed cross-border pipeline, an Iraqi official said. Alireza Gharibi, managing director of...
Russia's Novatek gets LNG export consent from Kremlin
Sep 08, 2014 (UPI)
Russia's independent gas producer Novatek confirmed it received a license from the federal government to export liquefied natural gas. Novatek production meets ...
Oral arguments on Keystone XL scheduled in Nebraska
Sep 05, 2014 (UPI)
The Nebraska Supreme Court scheduled to hear oral arguments Friday over whether the state's governor had authority to approve the route for Keystone XL. In Apri...
BP punished for 'reckless behavior,' green groups say
Sep 05, 2014 (UPI)
Conservation groups said a ruling that BP was grossly negligent in the Gulf of Mexico oil spill brings a sense of justice to the region and its environment. A d...
Two spills reported in North Dakota in less than a week
Sep 05, 2014 (UPI)
The North Dakota Department of Health said it was notified of a release from an oil well in Billings County one week after it occurred. About 350 barrels of bri...
East Coast still depends heavily on imports for fuel
Sep 05, 2014 (UPI)
Some markets in the United States still rely heavily on imports to meet regional demand for petroleum products, the U.S. Energy Department said. The U.S. Energy...
State Department equates Israeli gas to peace
Sep 05, 2014 (UPI)
The U.S. State Department said it welcomed the signing of the letter of intent for deliveries of Israeli natural gas to Jordanian partners. Israel's Delek Group...
Bakken-to-Cushing oil pipeline proposed
Sep 05, 2014 (UPI)
Energy company Enterprise Products Partners said it's vetting interest in a pipeline that would service North Dakota and Colorado shale oil basins. Dubbed the B...
Baker, Aker align to improve offshore production
Sep 05, 2014 (UPI)
Oil services company Baker Hughes said it was cleared by the federal government to form a partnership on subsea production technology with Aker Solutions. Baker...
Iraq files motion to have oil from Kurdish tanker seized
Sep 05, 2014 (UPI)
The Iraqi Oil Ministry said it filed a case in a U.S. court calling for the seizure of a cargo of Kurdish crude oil loaded on a tanker off the coast of Texas. A...
Gulfsands, ADX spar over claims to Tunisian energy
Sep 05, 2014 (UPI)
British energy company Gulfsands Petroleum said Friday claims made by Australian energy company ADX on assets in Tunisia are unfounded. ADX said in a Wednesday ...
Jordan agrees to import gas from Israel's Leviathan field
Sep 04, 2014 (UPI)
An Israeli company operating the offshore Leviathan natural gas field revealed it signed a letter of intent to send natural gas from the project to Jordan. Isra...
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