Oil and Gas
Weak start for oil prices ahead of data dump
Washington (UPI) Apr 11, 2017 - Oil prices limped into the trading day early Tuesday after steady gains as investors took stock of the latest supply and demand trends.
Energy News
U.S. emissions generally lower last year
Washington (UPI) Apr 10, 2017 - The only U.S. sector where emissions of carbon dioxide increased last year was in the transportation sector, an Energy Department division reported.
Oil and Gas
Gas at $3 per gallon could hurt U.S. economy
Washington (UPI) Apr 10, 2017 - The U.S. national average price for a gallon of gasoline would need to move close to $3 before it starts having a negative economic impact, an analyst said.
Energy Tech
Physicists develop ultrathin superconducting film
Saarbrucken, Germany (SPX) Apr 10, 2017 - Experimental physicists in the research group led by Professor Uwe Hartmann at Saarland University have developed a thin nanomaterial with superconducting properties. Below about -200 C these mater
Oil and Gas
Texas drilling activity more than doubled from last year
(UPI) Apr 10, 2017 - The total number of original drilling permits more than doubled year-on-year in March, though commercial prospects may be lower, a Texas regulator reported.
Oil and Gas
OMV sees Libya as a natural fit
Washington (UPI) Apr 10, 2017 - Libya fits in well with a strategy of capitalizing on mature onshore oil basins and service to European energy needs, the head of Austria's OMV said.
Oil and Gas
Alberta takes economic and trade message to Asia
Washington (UPI) Apr 10, 2017 - The economies of Asia are eager for some of Canada's top export commodities like energy and petrochemicals, the country's trade minister said.
Oil and Gas
Oil stimulating the economy of Ghana, IMF says
Washington (UPI) Apr 10, 2017 - The economic prospects for emerging West African oil player Ghana are encouraging given the large increase in production, the International Monetary Fund said.
Oil and Gas
Oil prices relatively flat after mixed report on supply and demand
Washington (UPI) Apr 10, 2017 - Crude oil prices got modest support early in the trading day Thursday on signs of a balancing market, though the devil may be in the details.
Oil and Gas
Russia tapping deeper into Arctic oil basin
Washington (UPI) Apr 10, 2017 - Russian oil company Gazprom Neft said it finished drilling a new production well at one of its flagship fields above the Arctic Circle.
Oil and Gas
More oil on the market than last year, a report finds
Washington (UPI) Apr 10, 2017 - Higher oil prices mean more production from the United States, leaving the global market with more oil than last year, the International Energy Agency said.
Oil and Gas
Brent decommissioning opaque, environmentalists say
Washington (UPI) Apr 10, 2017 - Royal Dutch Shell hasn't provided enough information on plans to take down key North Sea infrastructure to address our concerns, environmental groups said.
Oil and Gas
Iran sees foreign investments in energy sector stable
Washington (UPI) Apr 10, 2017 - Iran expects more, not less, foreign investments in its oil and natural gas sector because of fewer sanctions restrictions, the oil minister said.
Energy Tech
Scientists further understanding of a process that causes heat loss in fusion devices
Plainsboro NJ (SPX) Apr 10, 2017 - Everyone knows that the game of billiards involves balls careening off the sides of a pool table - but few people may know that the same principle applies to fusion reactions. How charged particles
Oil and Gas
Russia takes conservative approach on the price of oil
Washington (UPI) Apr 10, 2017 - Russia is taking a conservative approach to the price of oil, pegging its scenario for growth at $40 per barrel for the nation's benchmark Urals crude oil.
Oil and Gas
China, Myanmar ink oil pipeline deal
Beijing (AFP) April 10, 2017 - China and Myanmar agreed a deal on a crude oil pipeline between the neighbouring countries as part of a raft of agreements signed when their leaders met Monday in Beijing.