Vienna (AFP) May 30, 2013 - Iraq indicated Thursday that OPEC should maintain its oil production ceiling at this week's output meeting in Vienna, arguing it was wary of damaging the fragile global economy by cutting output which would raise crude prices.
London (UPI) May 30, 2013 - The chairman of the Libyan National Oil Corp. said the government aims to hold an auction for new oil licenses once political hurdles are cleared.
Vienna (UPI) May 30, 2013 - Austrian energy company OMV said Friday it was investing $680 million in the Nawara gas field development project in Tunisia.
Naypyidaw, Myanmar (UPI) May 30, 2013 - China's $2.5 billion oil and natural gas pipeline in Myanmar will mutually benefit both countries, said Myanmar President Thein Sein.
Vienna (UPI) May 30, 2013 - A BP-led consortium working offshore Azerbaijan is expected to pick between the Nabucco West and Trans-Adriatic natural gas pipelines next month, though there may be enough room for more than one pipeline in the long term.
Vienna (AFP) May 30, 2013 - OPEC appears set to maintain its output ceiling after Venezuela suggested Thursday that there was agreement among member nations to keep the status quo, on the eve of the cartel's latest production meeting.
Washington (UPI) May 30, 2013 - Even states that don't produce much oil could benefit from the lifting of a 1970s-era export ban, a report prepared for the American Petroleum Institute says.
Stanford CA (SPX) May 30, 2013 - Stanford University scientists have developed an advanced zinc-air battery with higher catalytic activity and durability than similar batteries made with costly platinum and iridium catalysts. The r
Kiev, Ukraine (UPI) May 30, 2013 - The drafting of a lawsuit against Russian energy company Gazprom is in the final stages, Ukrainian Justice Minister Pavlo Petronko said.
London (UPI) May 29, 2013 - Britain will back 2030 EU targets for emissions reduction but oppose such targets for new renewable energy sources, British Energy Secretary Ed Davey says.
London (UPI) May 29, 2013 - Total production of natural resources in the United Kingdom fell because of mine closures and offshore field declines, the government said Thursday.
London, UK (SPX) May 29, 2013 - A new strain of yellow-green algae, heterococcus sp. DN1, which may prove to be an efficient source for biodiesel, has been discovered in the snow fields of the Rocky Mountains. Research exami
Paris (AFP) May 29, 2013 - Europe emitted 3.3 percent less Earth-warming greenhouse gases in 2011 - the lowest level since 1990, a European Environment Agency (EEA) report said Wednesday.
New Orleans (UPI) May 29, 2013 - The U.S. energy portfolio continues to count on the Gulf of Mexico as a critical component, visiting U.S. Deputy Interior Secretary Mike Connor said.
New Delhi (UPI) May 29, 2013 - Tehran has offered incentives to lure India to import more oil from Iran.
Tokyo (AFP) May 29, 2013 - Japan and Russia on Wednesday signed a deal that will see them jointly explore and develop a potentially lucrative oil and gas field off Russia's Far East coast.
