OIL

10,863 articles

Russia is a gas supplier of choice, Gazprom says
Jul 01, 2013 (UPI)
Foreign consumers continue to turn to Russia as the natural gas supplier of choice, the chairman of Russian energy company Gazprom said. Gazprom Chief Executive...
Energy sector says New York shale ruling an economic blow
Jul 01, 2013 (UPI)
A New York court decision to let cities and towns block hydraulic fracturing is a major blow to the industry, an advocacy group said. The Court of Appeals in Al...
Woodside Petroleum lands deal for U.S. LNG
Jul 01, 2013 (UPI)
A Singapore subsidiary of Australian energy company Woodside Petroleum said Tuesday it signed a deal to secure liquefied natural gas from a facility in Texas. "...
Consent given to start onshore construction of South Stream pipeline
Jul 01, 2013 (UPI)
The consortium managing the planned South Stream natural gas pipeline said Tuesday it's been approved to start construction in Russian territory. "The Russian M...
MOL pays $130 million for six North Sea license areas
Jul 01, 2013 (UPI)
Hungarian energy company MOL said it expanded its presence on the global exploration and production map with the purchase of North Sea acreage. MOL said it paid...
Israeli gas export deal for Egypt reviewed
Jun 30, 2013 (UPI)
Partners involved in the development of the Leviathan natural gas field off the coast of Israel said they were in talks with BG Group for exports to Egypt. Rati...
Fire at Ohio shale well forces resident evacuations
Jun 30, 2013 (UPI)
No injuries were reported when above-ground equipment at a shale reserve area caught fire in Monroe County, Ohio, Norwegian energy company Statoil said. Statoil...
ONGC said to be considering Russian pipelines
Jun 30, 2013 (UPI)
A transnational pipeline from Russia though Kazakhstan to India could be on the table for India's energy company ONGC, a managing director said. India's state-o...
Statoil postpones plans for Barents Sea oil field
Jun 30, 2013 (UPI)
Norwegian energy company Statoil said Monday it was postponing a development decision for the multi-million barrel Johan Castberg reserve area. Statoil, along w...
Gas prices could spike because of hurricanes in Gulf of Mexico
Jun 30, 2013 (UPI)
Tropical storms in the Gulf of Mexico could put more pressure on gasoline prices than conflict in the Middle East, a petroleum analyst at GasBuddy.com said. Mot...
Providence Resources starts Irish seismic surveys
Jun 30, 2013 (UPI)
Irish oil and gas explorer Providence Resources said Monday it started surveying operations off the Irish coast in the so-called Porcupine basin. The company st...
Norway reports high energy activity in its offshore reserves
Jun 30, 2013 (UPI)
The Norwegian government said Monday exploration activity on its continental shelf has been robust, with 13 discoveries made so far this year. The Norwegian Pet...
Italian energy company Eni wades deeper into Vietnamese waters
Jun 27, 2013 (UPI)
Italian energy company Eni said it signed an agreement with PetroVietnam to explore the deep waters off the coast of Vietnam for the next seven years. "This new...
Platts: China's apparent oil demand slumps
Jun 27, 2013 (UPI)
Chinese oil demand declined slightly last month reflecting a general slowdown in the Chinese economy, an analysis of government data shows. Energy reporting age...
Kurdish government tells Baghdad to back off on oil sales
Jun 27, 2013 (UPI)
The federal government in Baghdad should give up its effort to prevent oil exports from the Kurdish region of Iraq, the semiautonomous government said Friday. T...
European natural gas supplies at winter levels, Gazprom says
Jun 27, 2013 (UPI)
European consumers serviced by Gazprom are getting natural gas at levels they'd normally get during the winter, the company's chief executive said Friday. Gazpr...
House passes measure they say would lower gasoline prices
Jun 27, 2013 (UPI)
The House of Representatives passed a measure it says would help lower gasoline prices by expanding access to domestic energy resources. H.R. 4899, the so-calle...
Encana sells off Bighorn gas assets in Alberta for $1.8 billion
Jun 27, 2013 (UPI)
The largest natural gas producer in Canada, Encana Corp., said Friday it was selling off some of its gas interests in Alberta to a counterpart for $1.8 billion....
Multi-agency pipeline safety panel set up in Michigan
Jun 27, 2013 (UPI)
Michigan leaders said they formed a multi-agency safety panel to vet concerns about pipelines transporting petroleum products around the state. Enbridge pipelin...
U.S. imports of Saudi Arabian oil increased from last year
Jun 26, 2013 (UPI)
Oil imports from Saudi Arabia for the first three months of 2014 were more than 30 percent higher year-on-year, the U.S. Energy Department said. The Energy Info...
Buy Advertising About Us Editorial & Other Enquiries Privacy statement
The content herein, unless otherwise known to be public domain, is Copyright 1995-2026 Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principles for news reporting and research purposes.