Calgary, Alberta (UPI) Feb 24, 2017 - Canadian oil producer Husky Energy said Friday it managed to turn a profit in the fourth quarter on the back of steady gains in total production.
Edmonton, Alberta (UPI) Feb 24, 2017 - Reconstruction in the wake of wildfires that idled parts of its oil industry and improved energy economics means Alberta is growing, a minister said.
Washington (UPI) Feb 24, 2017 - Oilfield services company Wood Group agreed to pay $9.5 million in penalties related to a deadly 2012 offshore platform fire, the Justice Department said.
Stavanger, Norway (UPI) Feb 24, 2017 - A Norwegian energy regulator confirmed a new oil and natural gas discovery was made in the Barents Sea by a subsidiary of Lundin Petroleum.
Vienna (UPI) Feb 24, 2017 - Parties to an agreement to limit crude oil production starting in January were 86 percent in line with commitments, a joint OPEC, non-OPEC group said.
New Brunswick NJ (SPX) Feb 24, 2017 - Wastewater from oil and gas operations - including fracking for shale gas - at a West Virginia site altered microbes downstream, according to a Rutgers-led study. The study, published recently in Sc
New York (UPI) Feb 24, 2017 - U.S. crude oil production levels weighed on the minds of investors early Friday, sending oil prices lower as OPEC monitors compliance with a production deal.
Austin, Texas (UPI) Feb 24, 2017 - If preliminary data are accurate, total Texas crude oil production for 2016 was down 10 percent from the previous year, the state government reported.
Perth, Australia (UPI) Feb 23, 2017 - Drilling of a fifth appraisal well into what may become one of the more promising basins off the West African coast is completed, FAR Ltd. announced.
Tel Aviv, Israel (UPI) Feb 23, 2017 - The partnership in control of Leviathan, among the largest gas fields in the world, said they reached an investment decision that envisions flows by 2019.
London (UPI) Feb 23, 2017 - A major player in the oil sector of the Kurdish north of Iraq said it was re-routing exports by government orders, but that won't impact production levels.
Stavanger, Norway (UPI) Feb 23, 2017 - A modest increase in investments in the Norwegian oil and gas industry is expected, though pressures on the overall energy sector remain, the government said.
New York (UPI) Feb 23, 2017 - Crude oil prices moved into positive territory early Thursday after U.S. powerhouse Exxon Mobil cut its reserve estimate and supply-side pressures waned.
Astana, Kazakhstan (UPI) Feb 23, 2017 - Production from part of Kashagan oil field in the Kazakh waters of the Caspian Sea should reach capacity by the end of the year, an operating company said.
Durham, N.C. (UPI) Feb 23, 2017 - Scientists at Duke University have developed a new method for catalyzing the conversion of carbon dioxide into methane, a component of many alternative fuels. The reaction is bolstered by the presence of rhodium nanoparticles and ultraviolet light.
Madrid (UPI) Feb 23, 2017 - Spanish energy company Repsol said Thursday a strategy to navigate the recent market downturn paid off with its highest net income in four years.
