London, UK (SPX) Jan 03, 2017 - Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first tim
Islamabad (AFP) Dec 30, 2016 - China's State Grid Corporation is set to build a $1.5-billion power line across Pakistan to enable the transmission of 4,000 megawatts of electricity from the country's north to south, the government said Friday.
Copenhagen, Denmark (UPI) Dec 30, 2016 - The lack of a viable economic solution for the largest natural gas field in the Danish North Sea means production will end in late 2018, Maersk Oil said.
Washington (UPI) Dec 30, 2016 - The steady decline in crude oil prices from 2014 peaks above $100 per barrel has left lasting impacts on the economy of OPEC-member Angola, the International Monetary Fund said.
Moscow (UPI) Dec 30, 2016 - Russian energy company Gazprom said it approved financing of up to $320 million to help build a natural gas pipeline planned through Turkey.
New York (AFP) Dec 30, 2016 - It's the end of an era and another sign of digital dominance: Friday is the final day screaming, gesturing traders can buy and sell commodities, including oil, on a trading floor in New York.
London (UPI) Dec 30, 2016 - A minority player in OPEC-member Nigeria said it was able to stimulate crude oil production at one of its operating areas by about 15 percent.
Houston (UPI) Dec 30, 2016 - Less than half of oil industry survey respondents expect OPEC to make good on its promise to cut production in 2017, the Federal Reserve Bank of Dallas found.
Houghton MI (SPX) Dec 29, 2016 - A little sodium goes a long way. At least that's the case in carbon-based energy technology. Specifically, embedding sodium in carbon materials can tremendously improve electrodes. A research
Singapore (UPI) Dec 29, 2016 - A metric used to gauge Chinese oil demand was slightly higher than last year, though there are signs economic performance is slowing, an industry report said.
Brasilia, Brazil (UPI) Dec 29, 2016 - Brazil's state-run oil company said it closed on the sale of a refinery on the Japanese island of Okinawa as its divestment streak continues.
Stavanger, Norway (UPI) Dec 29, 2016 - Offshore Norway continued its trajectory for expanded oil and gas exploration work, with the government signing off on two new programs.
Cork, Ireland (UPI) Dec 29, 2016 - Irish exploration company Circle Oil said its listing on the London stock exchange will be canceled by the end of the week amid financial strains.
Moscow (UPI) Dec 29, 2016 - With oil prices recovering, growth in the Russian economy may be twice as high as official government estimates, the country's finance minister said.
Corvallis, Ore. (UPI) Dec 28, 2016 - There has been some thought among those in the fields of forestry and rural development that biomass processing plants might offer an economic boost to rural communities.
Milan, Italy (UPI) Dec 28, 2016 - Italian energy company Eni said it continued its track record of success in the Mediterranean Sea by securing two new agreements in an Egyptian auction.
