Muscat (AFP) Aug 2, 2017 - Oman on Wednesday announced it has taken out a $3.55-billion loan from Chinese banks to cover its budget deficit for the current fiscal year.
Washington (UPI) Aug 2, 2017 - A party to an OPEC-led consortium working to balance an oversupplied market, Azerbaijan reported oil exports were higher in July than in June.
Washington (UPI) Aug 2, 2017 - Iran is becoming less dependent on its neighbors for natural gas with the launch of a pipeline to the northern provinces, the government said.
Washington (UPI) Aug 2, 2017 - With oil so far spared from the target of sanctions, the European Commission said Wednesday it was discussing a range of potential options for Venezuela.
Beijing (AFP) Aug 2, 2017 - China on Wednesday defended its oil and gas activity in the East China Sea as occurring in areas indisputably under its jurisdiction, after Japanese protests stirred a longstanding dispute over the region.
Washington (UPI) Aug 2, 2017 - Strong revenue growth for the second quarter and a pipeline of high-profile developments sets up Lundin Petroleum as a premier European player, the CEO said.
Tokyo (AFP) Aug 1, 2017 - Japan has lodged a protest with China over what it described as suspicious activity in a maritime area rich in gas deposits in the East China Sea, officials said Tuesday.
Washington (UPI) Aug 1, 2017 - All options remain on the table for U.S. sanctions on Venezuela, including oil, though industry reports were mixed on the potential impact.
Washington (UPI) Aug 1, 2017 - Peak summer demand and declining levels of supplies, both domestic and foreign, mean spikes in the price of gas for U.S. consumers, market analyses find.
Washington (UPI) Aug 1, 2017 - The rally in crude oil prices halted early Tuesday after Washington spared Venezuelan oil from sanctions, though market indicators could keep the bulls running.
Washington (UPI) Aug 1, 2017 - Production from British supermajor BP edged higher, though income was lower and the company's CEO said he was positioning the company for a new market climate.
Washington (UPI) Aug 1, 2017 - Scientists have developed new technology to curb wasteful methane flaring in oil and gas fields.
Washington (UPI) Aug 1, 2017 - The Canadian oil sector should expect growth in exploration and production, but its place on the global stage is still uncertain, a trade group said.
Istanbul (AFP) Aug 1, 2017 - Turkey and its main regional ally Qatar on Tuesday launched military exercises in the emirate that will involve some 250 Turkish troops and 30 armoured vehicles, reports said.
Houston TX (SPX) Jul 31, 2017 - Lithium-ion batteries are popular power sources for cellphones and other electronics, but problematic in extreme heat or cold. A Rice University laboratory has suggested ways to extend their range.
Washington (UPI) Jul 31, 2017 - Norway is the most trustworthy partner for European natural gas and most Germans see the United States as less-than-forthcoming on energy, a survey found.
