London (UPI) Dec 9, 2016 - Oil and gas explorers are expected to get a little leaner next year, but for those with good financials, potentially a bit meaner, Wood Mackenzie reports.
San Ramon, Calif. (UPI) Dec 8, 2016 - Chevron said its spending plans next year for exploration and production should be about 15 percent lower as market pressures endure for the company.
Karachi (AFP) Dec 8, 2016 - China's Shanghai Electric plans to spend $9 billion overhauling electricity infrastructure in Karachi, a minister told AFP, just months after the multinational revealed it was buying a Pakistan power company.
Essen, Germany (UPI) Dec 8, 2016 - Claiming a leadership position in North America, a German energy company said it's planning to install a wind farm in the oil-rich state of Texas.
London (AFP) Dec 8, 2016 - Companies from Australia, China and Qatar have purchased a majority stake in the gas distribution business of Britain's National Grid, the group announced on Thursday.
New York (UPI) Dec 8, 2016 - Iran's budget plans for the post-sanctions era are supportive of growth, but a Trump administration and oil prices could present obstacles, Moody's said.
New York (UPI) Dec 8, 2016 - A rebound in crude oil prices was softened somewhat by decisions from the European Central Bank, but found support Thursday from more signs of balancing.
Oklahoma City (UPI) Dec 8, 2016 - Oklahoma's economic footing has improved with the recovery in oil prices, though there are still lingering effects of the downturn, the state treasurer said.
Moscow (UPI) Dec 8, 2016 - Russian oil companies have warmed to an OPEC decision on production levels, but only in very loose terms, the Russian energy minister said.
New York (AFP) Dec 8, 2016 - President-elect Donald Trump came under fire Thursday for picking a global warming skeptic as his new environment chief, ahead of a visit to the American Midwest that helped him win the White House.
New York (UPI) Dec 8, 2016 - Some oil producers in the United States are expected to see gains as oil prices recover on the back of OPEC's output agreement, Platts reports.
London, UK (SPX) Dec 07, 2016 - Aquila Capital has reinforced its commitment to Norway by planning to merge Smakraft and Norsk Gronnkraft (NGK), to create the leading operator in the country's hydropower market and the largest ope
Brussels (AFP) Dec 7, 2016 - EU member states agreed Wednesday to allow officials in Brussels to screen their oil and gas deals with Russia and other third countries in order to ensure security of supply.
Tehran (UPI) Dec 7, 2016 - Iranian media reported Wednesday a delegation from Austrian energy company OMV is en route to Tehran to explore stronger energy ties with the Islamic republic.
New York (UPI) Dec 7, 2016 - Crude oil prices recorded a second straight day of steep declines Wednesday as data suggest supply-side pressures building in spite of OPEC's best efforts.
Manila (UPI) Dec 7, 2016 - An estimated $1 billion in assistance will help Azerbaijan develop its flagship Shah Deniz complex in the Caspian Sea, the Asian Development Bank said.
