Washington (UPI) Jan 8, 2018 - A perfect storm of geopolitical risk and severe weather in the United States helped drive oil prices close to $70 per barrel, but will it last, an analyst asks.
Kuwait City (AFP) Jan 8, 2018 - Kuwait will host an international conference in February on the reconstruction of war-torn Iraq, in cooperation with the World Bank and private companies, it said Monday.
Washington (UPI) Jan 8, 2018 - Tax collections taken from oil and gas production in shale-rich Oklahoma last year were about 50 percent higher than 2016, state data show.
Washington (UPI) Jan 8, 2018 - Claims by Nebraska landowners for compensation from pipeline company TransCanada on Keystone XL-related costs rests with the state's highest court, advocates say.
Washington (UPI) Jan 8, 2018 - The implementation of an oil refinery project designed for 150,000 barrels of oil per day should start in the next 30 days, the Iraqi oil ministry said.
Washington (UPI) Jan 8, 2018 - Though Venezuelan oil production is lower than it's been in more than a decade, its fellow OPEC members picked up the slack, a market survey found.
Beijing (AFP) Jan 8, 2018 - An Iranian oil tanker ablaze off the Chinese coast is at risk of exploding or sinking, authorities said Monday, as they reported there was no sign of survivors 36 hours after the vessel erupted in flames.
The Hague (AFP) Jan 8, 2018 - A 3.4-magnitude earthquake rocked the northern Dutch province of Groningen on Monday, the biggest since 2012 following a series of tremors blamed on extraction in Europe's biggest gas field.
Washington (AFP) Jan 6, 2018 - The US Treasury placed four serving or retired Venezuelan generals on its sanctions blacklist Friday, raising pressure on the embattled government of President Nicolas Maduro.
Washington (UPI) Jan 5, 2018 - Praised as a necessity by the industry, President Trump is wasting his time with some of the areas proposed for offshore drilling, an attorney said.
Munich, Germany (SPX) Jan 05, 2018 - Electricity is the backbone of European society. When a natural disaster hits the power grid, recovery can happen in a matter of hours or it could take months to fully restore electricity supply. As
Washington (UPI) Jan 5, 2018 - The provisional results from a drilling effort in an oil basin in northwest Alberta came in better than expected, London-listed Cabot Energy reported.
Washington (UPI) Jan 5, 2018 - Rig counts, a metric used to gauge exploration and production, were mixed last month, with U.S. land numbers down and offshore up, a market survey found.
Washington (UPI) Jan 5, 2018 - The powerful winter storm socking northeastern U.S. states continued to strain the nation's demand for energy and fuel supplies, a market snapshot shows.
Washington (UPI) Jan 5, 2018 - The announcement of a major new oil discovery at a leading basin offshore Guyana, U.S. labor figures and profit-taking pushed oil prices lower on Friday.
Washington (UPI) Jan 5, 2018 - The rise in oil production in Nigeria is a result of peaceful solutions to conflict in action, though pollution is problematic, a British official said.
