Bio Fuel
I.Coast studies first cocoa-fired power station
Abidjan (AFP) July 2, 2018 - Abidjan wants to build the world's first biomass power station fired by cocoa production waste, Ivory Coast and US officials said Monday.
Oil and Gas
Libyan oil production nearly ground to a halt
Washington DC (UPI) Jul 02, 2018 - A Libyan company said oil production was cut Monday by 850,000 barrels per day because operations at two oil terminals were suspended over control disputes.
Oil and Gas
More Texas energy sector frustration with tariffs emerges
Washington DC (UPI) Jul 02, 2018 - Parts of the energy sector still in recovery mode will be hit by U.S. tariffs on aluminum and steel and hurt the broader Texas economy, a trade group said.
Oil and Gas
Hess unloads Utica shale to fund work in Guyana, Bakken
Washington (UPI) Jun 29, 2018 - U.S. energy company Hess Corp. said it would use the $400 million from the sale of assets in the Utica shale basin to fund work in Guyana and North Dakota.
Oil and Gas
North Sea strike threat could shut down three platforms
Washington (UPI) Jun 29, 2018 - A British trade union said three platforms in the British waters of the North Sea could stop production if labor strikes go ahead as planned next week.
Oil and Gas
Oil-rich Alberta expecting strong economic momentum
Washington (UPI) Jun 29, 2018 - The price for U.S. crude oil has been below the government estimates, though Alberta's economy could enjoy long-term growth, the finance minister said.
Oil and Gas
Rally in oil prices extends streak on supply concerns
Washington (UPI) Jun 29, 2018 - Weak U.S. spending was indicative of concerns about the lack of available oil in the second half of the year that led to gains Friday in the price of oil.
Oil and Gas
BP gets praise for smart bet on EV
Washington (UPI) Jun 29, 2018 - BP's acquisition of Britain's largest electric vehicle charging company gives the supermajor an edge in a changing retail segment, an analytics company said.
Oil and Gas
Minnesota oil pipeline moving ahead
Washington (UPI) Jun 29, 2018 - Minnesota Gov. Mark Dayton called for calm after a regulator cleared the way for the start of the permitting process of a new Enbridge oil pipeline.
Oil and Gas
Dallas Fed survey sees U.S. oil in the mid $60 per barrel range
Washington (UPI) Jun 28, 2018 - Respondents to a Federal Reserve Bank of Dallas survey said they expected the U.S. benchmark for the price of oil to be at $65.68 per barrel by year's end.
Oil and Gas
West African oil outlook is good
Washington (UPI) Jun 28, 2018 - African-focused explorer Tullow Oil said Thursday it was putting more rigs in place at its assets in Ghana with production trends testing in-place capacity.
Oil and Gas
No issues found at one of Norway’s biggest oil fields
Washington (UPI) Jun 28, 2018 - An audit of the Johan Sverdrup oil field, which is expected to be the main contributor to Norwegian oil growth, revealed no issues, a safety regulator found.
Oil and Gas
Rally in oil prices loses steam after revision to U.S. GDP
Washington (UPI) Jun 28, 2018 - Crude oil prices lost some ground in early Thursday trading after weaker-than-expected U.S. economic data offset looming supply-side pressures.
Oil and Gas
Spain’s Repsol said it’s now a major market player
Washington (UPI) Jun 28, 2018 - An investment bank said Thursday the decision by Spanish energy company Repsol to buy low-emissions assets supports growth in a market lauded for green goals.
Oil and Gas
U.N. concerned about control of Libyan oil assets
Washington (UPI) Jun 28, 2018 - Control over oil production in Libya and the revenues they generate needs to be in the appropriate hands, the U.N. Security Council said Thursday.
Oil and Gas
Russia a pivotal player in OPEC-led market stabilization effort
Washington (UPI) Jun 28, 2018 - Following last week's pledge of more oil from OPEC, Russia is now standing next to Saudi Arabia as a major influence in the market, an analytics analyst said.