Washington (UPI) Mar 23, 2017 - As one of the companies with the largest take in a U.S. offshore auction, Norway's Statoil said it reset its Gulf of Mexico position as the market improves.
Washington (UPI) Mar 23, 2017 - Canadian oil company Husky Energy said it was ready to start restoration efforts immediately, after reporting a minor oil spill in southwest Alberta.
Washington (UPI) Mar 23, 2017 - After reporting steep declines in yearly oil and gas revenue, Chinese company CNOOC said Thursday its focus on cost control was relentless.
Washington (UPI) Mar 22, 2017 - German energy company Wintershall said it expects good returns this year and a steady course for oil prices supporting expansions for oil and gas production.
Washington (UPI) Mar 22, 2017 - A basin in Cuba that has a reserve potential of 647 million barrels is scheduled for an accelerated exploration program, an Australian energy company said.
Washington (UPI) Mar 22, 2017 - Questions about Trump-era economic trends and concerns about a glut of oil in the market pushed crude oil prices sharply lower in early Wednesday trading.
Washington (UPI) Mar 22, 2017 - Though small by global standards, New Zealand's oil and gas sector is expected to see strong interest as the market improves, the energy minister said.
Washington (UPI) Mar 22, 2017 - Energy sector interest in the central waters of the Gulf of Mexico is high because of market conditions and U.S. government interest, a trade group said.
Washington (UPI) Mar 22, 2017 - Russia is likely to play along with what's expected to be another six months of OPEC production cuts despite lackluster compliance, a new report finds.
Washington (UPI) Mar 22, 2017 - In a report to shareholders, energy company FAR Ltd. said its flagship basin offshore Senegal was primed for growth because of low costs and good appraisals.
Graz, Austria (SPX) Mar 21, 2017 - It has been known in biology for a long time that the excited oxygen molecule singlet oxygen is the main cause of ageing in cells. To counter this, nature uses an enzyme called superoxide dismutase
Washington (UPI) Mar 21, 2017 - Norway produced an average of 2 billion barrels of oil, liquified natural gas and condensate in February - less oil and gas than was produced in January. Production numbers were also less than those posted in February of last year.
Washington (UPI) Mar 21, 2017 - Schlumberger subsidiary OneSubsea has been contracted to provide a subsea production system for BP's Mad Dog 2 project in the Gulf of Mexico.
Upton NY (SPX) Mar 21, 2017 - Even plants have to live on an energy budget. While they're known for converting solar energy into chemical energy in the form of sugars, plants have sophisticated biochemical mechanisms for regulat
Plainsboro NJ (SPX) Mar 21, 2017 - Like a potter shaping clay as it spins on a wheel, physicists use magnetic fields and powerful particle beams to control and shape the plasma as it twists and turns through a fusion device. Now a ph
Washington (UPI) Mar 21, 2017 - Crude oil futures started the day slightly improved Tuesday after falling for seven of the last 10 sessions.
