Washington (UPI) Apr 5, 2017 - The drilling of a well in the northernmost oil and gas basin in Russian territory by oil company Rosneft is a sign of things to come, Russia's president said.
Washington (UPI) Apr 5, 2017 - Crude oil prices extended their streak into Wednesday on signs that global markets were tightening, though some supply pressures could start to play a factor.
London (AFP) April 5, 2017 - Royal Dutch Shell on Wednesday announced the sale of its liquefied petroleum gas business in Hong Kong and Macau to Irish group DCC Energy for US$150.3 million (141 million euros).
Washington (UPI) Apr 5, 2017 - The pipeline unit of Hess Corp. said Wednesday it was expecting a share price for the initial public offering at $23 per common unit.
Washington (UPI) Apr 5, 2017 - With plans for new oil development in the Norwegian Sea approved, Statoil said it's doing more with less because of cost-efficient measures from the industry.
Washington (UPI) Apr 5, 2017 - Even if crude oil prices move above $60 per barrel, the Russian economy likely won't expand much more than 1 percent, the head of the central bank said.
Washington (UPI) Apr 5, 2017 - Gains in exploration and production activity in shale-rich Oklahoma are pulling the economy out of a slump, though recovery is slow, the state treasury said.
Washington (UPI) Apr 5, 2017 - An exploration campaign off the coast of Cyprus is planned by 2018 following a study of the reserve potential, a Qatari energy company said Wednesday.
Washington (UPI) Apr 4, 2017 - New demand for liquefied natural gas could be coming in the form of growth in its use as a transportation fuel, the head of Australia's Woodside Energy said.
Washington (UPI) Apr 4, 2017 - Iraqi compliance with a multilateral effort to restore balance to the global market for oil has led to its success, OPEC's secretary-general said from Baghdad.
Washington (UPI) Apr 4, 2017 - After awarding new contracts to rig company Transocean for the North Sea, Norwegian energy company Statoil said British waters still have a long life of ahead.
Washington (UPI) Apr 4, 2017 - Maintenance at U.S. refineries and a shift to a more expensive summer blend of gasoline is leading to a spike in retail gas prices, motor club AAA reports.
Washington (UPI) Apr 4, 2017 - Emerging signs of the stars aligning for tightening of energy supplies helped pull crude oil prices out of a rut with rallies emerging in early Tuesday trading.
San Francisco CA (SPX) Apr 04, 2017 - Billions of pounds of plastic waste are littering the world's oceans. Now, a Ph.D. organic chemist and a sailboat captain report that they are developing a process to reuse certain plastics, transfo
Washington (UPI) Apr 4, 2017 - The decline in energy sector emissions and emerging grid parity for renewables shows a shift to a low-carbon economy isn't a pipe dream, a U.N. panel found.
Houston TX (SPX) Apr 04, 2017 - Getting crude oil from the wellhead to its downstream destination can be literally stopped in its tracks when components of the oil known as asphaltenes clump together, reducing the flow or causing
