Oil and Gas
Russia to boost Sudan military: Bashir
Khartoum (AFP) Feb 8, 2018 - President Omar al-Bashir on Thursday said that Khartoum and Moscow have agreed on a programme to boost Sudan's military capabilities.
Oil and Gas
Oil prices search for momentum on competing trends
Washington (UPI) Feb 8, 2018 - Crude oil prices moved moderately lower in early Thursday trading, though strong U.S. oil output was offset somewhat by good economic news.
Oil and Gas
Total reports 28 percent bump in adjusted net income
Washington (UPI) Feb 8, 2018 - French energy company Total said Thursday it was able to capitalize on the improvement in crude oil prices to report strong gains in net income.
Oil and Gas
U.S. mulling over impact of oil-related sanctions on Venezuela
Washington (UPI) Feb 8, 2018 - The U.S. government is weighing the potential negative impacts of placing sanctions on Venezuelan oil or oil-related products, the secretary of state said.
Oil and Gas
North Sea oil pipeline back in service after short outage
Washington (UPI) Feb 8, 2018 - The operator of a pipeline system that carries about 40 percent of the oil produced in the North Sea said Thursday a short-term disruption has been resolved.
Oil and Gas
Canadian oil company Suncor producing more for less
Washington (UPI) Feb 8, 2018 - While production was relatively stable, Canadian oil company Suncor said its net earnings in the fourth quarter more than doubled from last year.
Oil and Gas
Governors called to follow California in limiting offshore drilling
Washington (UPI) Feb 8, 2018 - Governors from U.S. coastal states are called to follow suit after California moved to block the flow of oil from offshore rigs, an advocacy group said.
Energy Tech
Is hydrogen the fuel of the future?
Cambridge UK (SPX) Feb 08, 2018 - As the race to find energy sources to replace our dwindling fossil fuel supplies continues apace, hydrogen is likely to play a crucial role in the future. Japan has already announced its inten
Oil and Gas
Libyan oil production hits post-Gadhafi high
Washington (UPI) Feb 8, 2018 - Total oil production from Libya in January was close to 1 million barrels per day on average for its highest level in more than five years, industry data show.
Oil and Gas
Oklahoma’s earthquakes strongly linked to wastewater injection depth
Bristol UK (SPX) Feb 08, 2018 - Man-made earthquakes in Oklahoma, USA, are strongly linked to the depth at which wastewater from the oil and gas industry are injected into the ground, according to a new study led by the University
Oil and Gas
Oil prices mixed post-selloff
Washington (UPI) Feb 7, 2018 - Crude oil prices were mixed early Wednesday on signs that U.S. shale oil growth accelerated, but the downturn was moderated by a good EU economic outlook.
Oil and Gas
Africa-focused Tullow Oil strikes optimistic tone
Washington (UPI) Feb 7, 2018 - Investments will continue off the coast of Ghana and focus will sharpen on developing prospects in Kenya, Africa-focused Tullow Oil said Wednesday.
Oil and Gas
Iranian energy trade with Iraq improving
Washington (UPI) Feb 7, 2018 - With Iraqi security forces clearing potential oil transit routes, the Iranian government said next on the trade list with its neighbor is liquefied natural gas.
Oil and Gas
Axing fossil fuel subsidies scant help on climate: study
Paris (AFP) Feb 7, 2018 - Getting rid of massive subsidies for oil, gas and coal will not significantly curb carbon pollution or speed the transition to a greener global economy, researchers said Wednesday, challenging widely held assumptions.
Oil and Gas
Outlook for one of Norway’s biggest oil fields improves
Washington (UPI) Feb 7, 2018 - Most of the metrics, from the expected price of oil to break even to the resource range, have improved at one Norway's most promising fields, partners said.
Oil and Gas
Oil production from Venezuela is at its lowest in decades
Washington (UPI) Feb 7, 2018 - Crude oil production from Venezuela in January was at its lowest point in more than 10 years and is likely to continue its decline, an industry report found.