Washington (UPI) Dec 5, 2017 - With OPEC settled in for the year and a downturn in global inflation, a lack of buyers in the market pulled oil prices sharply lower early Tuesday.
Washington (UPI) Dec 5, 2017 - Lower operating costs mean there's more interest in examining the oil and gas potential in the deep waters of Sierra Leone, an African-focused company said.
Washington (UPI) Dec 5, 2017 - Spending for next year will be less than forecast in the previous five-year plan, but efficiency means production could be higher, Canada's Husky Energy said.
Oslo (AFP) Dec 5, 2017 - Oil companies have shown a lukewarm interest this year to apply for exploration rights for a record number of Norwegian Arctic oil blocks, official figures showed Tuesday.
Washington (UPI) Dec 5, 2017 - Seasonal factors finally caught up with the U.S. gas market and, with refineries making a cheaper winter blend, the price at the pump is lower, analysts said.
Washington (UPI) Dec 5, 2017 - Russian energy company Novatek said a new era for one of the world's largest gas suppliers has begun with the start of LNG operations on the Yamal Peninsula.
Oslo (AFP) Dec 5, 2017 - Norwegian oil giant Statoil and its partners on Tuesday presented a development plan of the 49 billion kroner (nearly 5 billion euros, $5,9 billion) Arctic Johan Castberg oil field, a cost cut in half compared to initial forecasts.
Sao Paulo, Brazil (SPX) Dec 04, 2017 - When galaxy clusters and globular star clusters form, a phenomenon called violent relaxation occurs. After interacting intensely, the thousands or even millions of bodies reach a state of relative
Washington (UPI) Dec 4, 2017 - Saudi Arabia is working to make sure the global oil market is stable, the country's crown prince said during talks with his U.S. counterpart.
Washington (UPI) Dec 4, 2017 - As with the partisan divide, the stance on the U.S. tax overhaul was split evenly between oil and gas support and opposition from renewable and climate groups.
Medford MA (SPX) Dec 04, 2017 - The direct oxidation of methane - found in natural gas - into methanol at low temperatures has long been a holy grail. Now, researchers at Tufts have found a breakthrough way to accomplish the feat
Washington (UPI) Dec 4, 2017 - With reaching a supply agreement with French supermajor Total, shipping group CMA CGM said that liquefied natural gas is the maritime fuel of the future.
Washington (UPI) Dec 4, 2017 - The Norwegian subsidiary of Lundin Petroleum said it started drilling into an area in the Barents Sea thought to hold more than 200 million barrels in reserves.
Washington (UPI) Dec 4, 2017 - Australian energy company Melbana, one of the few with an established footprint in Cuba, said it was vetting potential drilling partners for Block 9 operations.
Washington (UPI) Dec 4, 2017 - Though it's too early to make any estimate on the reserve potential, British energy company Genel said it found more oil in the Kurdish region of Iraq.
Washington (UPI) Dec 4, 2017 - Steady improvements in the North American energy sector and a forecast about a geopolitical risk premium sent crude oil prices lower early Monday.
