Shanghai (AFP) Aug 25, 2017 - China's biggest oil producer PetroChina said a pick-up in oil prices helped net profit skyrocket more than 2,000 percent in the first half, and that it was giving the entire windfall to shareholders via a cash dividend.
Washington (UPI) Aug 25, 2017 - A NATO member with a legacy of energy-related interests, the British government said it was working to ensure Libya evolves as a safe and stable partner.
Washington (UPI) Aug 25, 2017 - Though overall Chinese imports of crude oil jumped more than 10 percent, OPEC-member Kuwait said its exports to the second-largest economy remained stable
Washington (UPI) Aug 25, 2017 - Crude oil prices moved higher Friday as Hurricane Harvey moved closer to the southern Texas coast and threatened production and refinery operations.
Washington (UPI) Aug 25, 2017 - An energy regulator in Norway, one of the world's top producers, said it was keen on utilizing new knowledge to tap into the million of barrels left offshore.
Caracas (AFP) Aug 25, 2017 - Venezuelan President Nicolas Maduro on Thursday warned the armed forces in his crisis-hit country against fissures in their ranks, ahead of war games seen as a show of strength after US President Donald Trump's threat of military action.
Washington (UPI) Aug 24, 2017 - German energy company E.ON said Thursday it laid the first of the 60 foundations for a wind farm development in national waters of the Baltic Sea.
Washington (UPI) Aug 24, 2017 - With U.S. crude oil production on the rise, it's clear the production agreement from OPEC hasn't worked as intended, an economist in Texas said.
Washington (UPI) Aug 24, 2017 - Oil prices fell flat early Thursday as questions about OPEC's efforts to balance the market overshadowed possible U.S. offshore production issues.
Washington (UPI) Aug 24, 2017 - A new study by the University of Houston offers promise for the use of magnesium batteries as a safer alternative to problem-plagued lithium ion batteries.
Washington (UPI) Aug 24, 2017 - The provincial economy in oil-rich Alberta is expected to grow faster than expected, though some metrics paint a mixed picture of the recovery, data show.
Washington (UPI) Aug 24, 2017 - After clearing staff from four Gulf of Mexico installations, Anadarko Petroleum said it shut down operations until threats from Tropical Storm Harvey clear.
Washington (UPI) Aug 24, 2017 - West Africa-focused energy company FAR Ltd. said it increased its leverage over a multi-million barrel prospect offshore Guinea-Bissau.
Washington (UPI) Aug 24, 2017 - Revenues for the first half of the year were up more than 40 percent from last year in part because of export payments from the Kurdish north of Iraq, DNO said.
Tehran (AFP) Aug 24, 2017 - Iran has secured an eight-billion euro credit line from South Korea's Eximbank, the Islamic republic's biggest loan deal since its 2015 nuclear accord, the Iranian central bank announced Thursday.
Washington (UPI) Aug 23, 2017 - One of the only foreign energy companies there said the placement of shares raised more than $1.5 million that will help finance preliminary oil work in Cuba.
