Washington (UPI) May 17, 2017 - A German industrial equipment company said it was set firmly in the Iranian oil and gas sector because of the easing of economic sanctions.
Washington (UPI) May 17, 2017 - Though gas prices are up about 5 percent from last year, motor club AAA finds U.S. road traffic during the Memorial Day weekend will be heavier than last year.
Washington (UPI) May 17, 2017 - Support for an extended OPEC-led effort to balance the market with production declines helped boost oil prices Wednesday despite a build in U.S. supplies.
Washington (UPI) May 17, 2017 - Italian energy company Eni said Wednesday it signed an agreement with a Russian energy company to explore opportunities, including in Egyptian gas.
Washington (UPI) May 17, 2017 - Africa-focused energy company Tullow Oil said Wednesday it made an oil discovery in a region of Kenya thought to contain at least 750 million barrels of oil.
Washington (UPI) May 17, 2017 - Though fossil fuels will continue to have a role in the global energy mix, a pillar of growth for BP is low-carbon opportunities, CEO Bob Dudley said Wednesday.
Washington (UPI) May 17, 2017 - The draw on one of the largest natural gas fields offshore Israel should peak this year as Jordan takes its first deliveries, Delek Drilling and Avner Oil said.
Washington DC (UPI) May 16, 2017 - Indications that global crude oil levels were near balance and support from Kuwait for an extended production cap sent oil prices higher early Tuesday.
Washington DC (UPI) May 16, 2017 - Royal Dutch Shell has started the process to take down legacy operations at the Bravo production platform in the North Sea, which supports the Brent oil field, Wood Group said.
Washington DC (UPI) May 16, 2017 - The world market for oil was nearly balanced during the first quarter, though U.S. oil production and Middle East gains complicate the issue, the IEA said.
Washington DC (UPI) May 16, 2017 - U.S. retail gasoline prices continued to move in the favor of consumers over the last week despite increases in oil prices and demand, AAA found.
Rome (AFP) May 16, 2017 - A batch of centuries-old olive trees in southern Italy have been moved out of the way of a controversial new pipeline in a dead-of-night operation that required the deployment of dozens of police.
Washington DC (UPI) May 16, 2017 - Australian energy and mining giant BHP Billiton could see value increase by 50 percent under a variety of market scenarios, the company's CEO said Tuesday.
Ottawa (AFP) May 16, 2017 - Canada's auditor general blasted Prime Minister Justin Trudeau's government Tuesday for effectively blocking an audit of efforts to eliminate fossil fuel subsidies in the fight against climate change.
Washington DC (UPI) May 16, 2017 - Kuwait is in full support of extending a multilateral crude oil production cap into the early part of next year, the country's oil minister said Tuesday.
Washington DC (UPI) May 16, 2017 - With presidential elections coming Friday, and an assertive U.S. president in play, Iran is the wild card in the global crude oil game, analysis found.
