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.
Zug, Switzerland (UPI) Feb 23, 2017 - Rig company Transocean said that, after reporting an increase in revenues for the fourth quarter, recovery for offshore drillers was evident on the horizon.
Chicago (AFP) Feb 23, 2017 - Law enforcement with armored vehicles and bulldozers entered a North Dakota campsite on Thursday, clearing out dozens of people who had refused to vacate an oil pipeline protest.
Chicago (AFP) Feb 23, 2017 - After nearly a year of occupying North Dakota prairie land to block the route of a controversial oil pipeline, many of the camp's holdouts finally marched out Wednesday to meet an evacuation deadline.
Oslo, Norway (UPI) Feb 22, 2017 - The government of Norway, one of Europe's top oil and gas producers, reported that the size of its labor force in the waning months of 2016 declined.
