Washington (UPI) May 10, 2018 - A forecast for a $7 per barrel increase in the average price for oil this year was made before the U.S. left the Iranian nuclear deal, the government said.
Washington (UPI) May 10, 2018 - Taking a stake in a deepwater oil prospect off the Namibian coast gives shareholders standing next to the biggest players, Canadian-focused Calima Energy said.
Washington DC (UPI) May 10, 2018 - Reaching a production plateau off the coast of Angola stabilizes output at more than 150,000 barrels of oil per day, Italian energy company Eni said. The company said Wednesday it reached a pr
Washington (UPI) May 10, 2018 - Though as much as 1 million barrels per day could be limited with the U.S. pullout of the Iranian deal, there could be some wiggle room, analysis found.
Washington (UPI) May 10, 2018 - The increased activity in the liquefied natural gas market bodes well for services companies that cater to onshore and offshore work, TechnipFMC stated.
Ames IA (SPX) May 10, 2018 - The U.S. Department of Energy's Ames Laboratory has successfully demonstrated that a new type of optical magnetometer, the NV magnetoscope, can map a unique feature of superconductive materials that
Washington DC (UPI) May 10, 2018 - With the United States reneging on the Iranian nuclear deal, Saudi Arabia is committed to ensuring oil market stability, its energy ministry said. I do not believe that continuing to provide J
Riyadh (AFP) May 9, 2018 - Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures to prevent supply shortages following the US withdrawal from the Iran nuclear deal.
Washington (UPI) May 9, 2018 - Alberta's oil-rich economy can have it both ways through a multimillion dollar effort to cut emissions from oil sands production, ministers said.
Washington (UPI) May 9, 2018 - Norway's energy minister said Wednesday that bidders are invited to submit their applications for new oil and gas acreage on the Norwegian continental shelf.
Washington (UPI) May 8, 2018 - The steady rise in consumer gasoline prices in the United States is tapering off, but a question mark remains over the Iranian deal, analysts said.
Washington (UPI) May 8, 2018 - A Tuesday afternoon announcement on the Iranian nuclear deal by President Trump left oil prices on a downturn as investors waited in the wings.
Hong Kong (AFP) May 8, 2018 - Oil prices slipped in Asia on Tuesday morning from three-and-a-half-year highs as investors cautiously await Donald Trump's Iran nuclear decision later in the day.
Washington (UPI) May 8, 2018 - In a market transitioning in a low-carbon way, German utility E.ON said Tuesday that its renewable energy segment saw earnings rise 7 percent.
Washington (UPI) May 8, 2018 - The estimated $3 billion for the sale of the entire stake in a Canadian producer will help reduce a debt load, Royal Dutch Shell said Tuesday.
Washington (UPI) May 8, 2018 - The trend in upstream collaboration continued with Weatherford International announcing it would collaborate with a pump specialist.
