Washington (UPI) Jan 3, 2019 - Italy's Eni said Thursday it will buy the rights of all of the Oooguruk oil field in shallow waters offshore Alaska and become its operator because its proximity to the Nikaitchuq field will provide synergies.
Washington (UPI) Jan 3, 2019 - Oil prices rose early Thursday after a day of high volatility with concern about an economic slowdown in the world's biggest oil importer China playing against reports that OPEC is seeing some output cuts.
Washington (UPI) Jan 2, 2019 - Spain's Valencia Port will be the first in Europe to use hydrogen for its cargo operations thanks to a $4.6 million European pilot program that aims to reduce port activities' environmental impact.
Washington (UPI) Jan 2, 2019 - France-based Total said Wednesday it started production in the Egina field in offshore Nigeria which will eventually reach 200,000 barrels of crude oil per day.
Washington (UPI) Jan 2, 2019 - Crude oil prices were lower early Monday amid ongoing concern that the market remains oversupplied, while the demand outlook may weaken due to lower consumption in China, the world's biggest crude oil importer.
Washington (UPI) Jan 01, 2019 - Crude oil prices rose early Monday in the last trading session of the year ahead of the New Year's holiday, helped in part by reports on Friday by the Energy Information Administration showing a lower crude inventory build than what the American Petroleum Institute had indicated a day earlier.
Washington (UPI) Jan 01, 2019 - Researchers at the Tel Aviv University are working on a new biodegradable plastic made from microorganisms that feed on seawater algae.
Washington (UPI) Dec 28, 2018 - Crude oil prices were mixed Friday morning with gains in West Texas Intermediate futures and a slight decline in Brent futures, as traders awaited data from the Energy Information Administration on United States inventories for future direction.
Washington (UPI) Dec 28, 2018 - The Mexican army took control of state oil company Pemex refineries where some unionized workers were preventing access to strategic areas.
Washington (UPI) Dec 27, 2018 - Crude oil prices were lower Thursday morning after a short rally in the previous session - which followed sharp losses on Christmas Eve - with the future outlook still gloomy due to oversupply concerns.
Washington DC (SPX) Dec 27, 2018 - Scientists at Stanford University have designed an electrocatalytic mechanism that works like a mammalian lung to convert water into fuel. Their research, published December 20 in the journal Joule,
Washington (UPI) Dec 27, 2018 - ExxonMobil said its operations in Guyana have not been affected because the interception of two exploration ships by the Venezuelan navy last weekend occurred far away from its closest drilling and development area.
Houston TX (SPX) Dec 27, 2018 - Researchers from the University of Houston and the Toyota Research Institute of America have discovered a promising new version of high-energy magnesium batteries, with potential applications rangin
Burlington VT (SPX) Dec 27, 2018 - Each year brings new research showing that oil and natural gas wells leak significant amounts of the potent greenhouse gas methane. A new study just published in the journal Environmental Geos
Caracas (AFP) Dec 26, 2018 - Nine members of the Venezuelan armed forces were sentenced to up to eight years in prison for plotting to overthrow President Nicolas Maduro in 2014, the Supreme Court said on Wednesday.
Washington (UPI) Dec 26, 2018 - Crude oil prices rose Wednesday after the markets were closed in the previous day, but any rally is likely to be short-lived, as sustainable significant increases are only seen later down the road.
