Washington (UPI) Dec 1, 2017 - A price range for crude oil of between $60 and $65 per barrel is a good point on which to base a budget, the head of Russian oil company Lukoil said Friday.
Washington (UPI) Dec 1, 2017 - Texas needs capital support to expand the port infrastructure necessary to help keep up with the increase in U.S. oil and gas exports, a commissioner said.
Adelaide, Australia (AFP) Dec 1, 2017 - The world's biggest battery was officially launched in Australia on Friday, a day after the Elon Musk-driven project was powered up early to meet demand amid a bout of hot weather, officials said.
Washington (UPI) Dec 1, 2017 - Austrian energy company OMV said Friday it added 100,000 barrels of oil equivalent to daily production with the completion of the acquisition of Russian assets.
United Nations, United States (AFP) Dec 1, 2017 - UN experts who traveled to Saudi Arabia to inspect fragments of a missile fired from Yemen last month have found a possible link to an Iranian manufacturer, according to a confidential document seen by AFP on Friday.
Washington (UPI) Dec 1, 2017 - Enthusiasm caught up with OPEC's decision to extend production cuts through 2018, with a de facto lid on Libya and Nigeria sending oil prices higher on Friday.
Washington (UPI) Dec 1, 2017 - The Iraqi Oil Ministry said exports from southern ports set a record, but more work was needed to make up for losses from issues in the north of the country.
Washington (UPI) Dec 1, 2017 - A move by parties to an OPEC-led agreement to extend a production cut deal to the end of 2018 is a win-win, including for U.S. shale oil players, analysts said.
Washington (UPI) Dec 1, 2017 - Danish energy company Maersk Oil said Friday it was moving ahead with a $3.3 billion effort to redevelop the offshore Tyra gas field, Denmark's largest.
Washington (UPI) Nov 30, 2017 - Expectations that OPEC will opt for a nine-month extension to a production cut agreement pushed oil prices higher, but gains were limited by nuance.
Washington (AFP) Nov 30, 2017 - Libyan Prime Minister Fayez al-Sarraj on Thursday told US Defense Secretary Jim Mattis that he hopes a UN arms embargo can be eased.
Vienna (AFP) Nov 30, 2017 - Oil producer nations agreed Thursday to keep production curbs in place for another nine months until the end of 2018, Iraq's oil minister said after talks in Vienna.
Washington (UPI) Nov 30, 2017 - The Norwegian central bank said Thursday it would sell foreign currency on behalf of the government through mid-December in petroleum-related activities.
Zurich, Switzerland (SPX) Nov 30, 2017 - Phones, laptops, electric cars - batteries are everywhere. And to meet the expectations of today's consumers, these batteries are increasinÂgly lighter, more powerful and designed to last longer.
Washington (UPI) Nov 30, 2017 - Russia, whose economy relies heavily on oil and natural gas revenue, needs to take real steps at combating poverty, the prime minister said.
Washington (UPI) Nov 30, 2017 - Norwegian energy company Statoil said it expanded its footprint in Argentina by becoming the operator at an area near one of the world's largest shale basins.
