Oil and Gas
Hess Corp. upbeat on production
Washington (UPI) Jul 25, 2018 - Even after selling off its stake in a U.S. shale basin, Hess Corp. said Wednesday its full-year production guidance for the year was unchanged.
Oil and Gas
Russian gas needed in Europe, Wintershall says
Washington (UPI) Jul 25, 2018 - The European natural gas market needs diversity and Russian supplies are an important component of the mix, German energy company Wintershall said.
Oil and Gas
British shale driller facing continued protests
Washington (UPI) Jul 25, 2018 - Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy.
Oil and Gas
Tullow Oil slightly raises production guidance
Washington (UPI) Jul 25, 2018 - After a stumble on a rig contract in West Africa, production from regional assets should be a bit higher than initial forecasts, Tullow Oil said Wednesday.
Oil and Gas
Qatar, US plan ‘expansion’ of Al-Udeid airbase
Doha (AFP) July 24, 2018 - The US and Qatar plan to expand Al-Udeid airbase, the biggest military facility used by Washington in the Gulf as it battles jihadists, Qatari state media said Tuesday.
Oil and Gas
U.S. gas prices moving lower, but could still be volatile
Washington (UPI) Jul 24, 2018 - Retail gasoline prices in the United States are showing signs of a steady decrease, but remain vulnerable to geopolitical tensions, analysts said.
Oil and Gas
Surveys begin at potential Australian oil and gas giant
Washington (UPI) Jul 24, 2018 - Australian energy company Melbana said surveys have started in the Beehive prospect, one of the largest undrilled prospects in the country.
Oil and Gas
Iraqi oil exports increase despite protests
Washington (UPI) Jul 24, 2018 - Iraqi oil exports for June, the last full month for which data are available, were slightly higher than the month before on average, the government reported
Oil and Gas
OMV unfazed by U.S. pressure on Nord Stream pipeline
Washington (UPI) Jul 24, 2018 - Austrian energy company OMV said more pipelines are needed in Europe, including the Nord Stream 2 network, as the region faces declines in domestic production.
Oil and Gas
Venezuela facing profound economic crisis
Washington (UPI) Jul 24, 2018 - The IMF said the economic crisis in Venezuela, one of the founding members of OPEC, is profound as a substantial drop in oil production takes its toll.
Oil and Gas
Oil prices caught between economic, security risks
Washington (UPI) Jul 24, 2018 - Crude oil prices were in mixed territory ahead of the start of U.S. trading on Tuesday as Middle East tensions balanced against global trade risks.
Energy Tech
Researchers upend conventional wisdom on thermal conductivity
Houston TX (SPX) Jul 23, 2018 - Scientists have long known that diamond is the best material for conducting heat, but it has drawbacks: It is costly and is an electrical insulator; when paired with a semiconductor device, diamond
Oil and Gas
Gunmen storm Iraq Kurdish governor’s office, killing one
Arbil, Iraq (AFP) July 23, 2018 - Three teenage gunmen on Monday stormed the governor's headquarters in Arbil, the capital of Iraqi Kurdistan, opening fire and killing one employee before being shot dead, officials said.
Energy Tech
High-power thermoelectric generator utilizes thermal difference of only 5C
Tokyo, Japan (SPX) Jul 23, 2018 - Objects in our daily lives, such as speakers, refrigerators, and even cars, are becoming smarter day by day as they connect to the internet and exchange data, creating the Internet of Things (IoT)
Oil and Gas
British groundwater monitors review oil and gas risks
Washington (UPI) Jul 23, 2018 - British authorities said Monday they were working to examine the potential vulnerability to groundwater supplies from onshore oil and gas activity.
Energy Tech
New battery could store wind and solar electricity affordably and at room temperature
Stanford CA (SPX) Jul 23, 2018 - A new combination of materials developed by Stanford researchers may aid in developing a rechargeable battery able to store the large amounts of renewable power created through wind or solar sources