Budapest (AFP) Nov 22, 2016 - Iraq has to up its crude output because dwindling oil prices and the fight against Islamic State have left a huge hole in the economy, Foreign Minister Ibrahim al-Jaafari said Tuesday, as the OPEC cartel scrambles to agree a production cut deal.
Stockholm, Sweden (UPI) Nov 22, 2016 - Swedish energy company Lundin Petroleum said Tuesday it made an oil and gas discovery in a frontier area near an existing field in the Barents Sea.
London (AFP) Nov 22, 2016 - King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Royal Dutch Shell - and on which he hopes a London court will deliver justice.
Moscow (UPI) Nov 22, 2016 - Russian oil company Lukoil said during a meeting of the board of directors its two-year budget starting in 2017 would be based on oil priced at $40 per barrel.
Denver (UPI) Nov 22, 2016 - After recording a steep decline in third quarter revenue, Whiting Petroleum said it was selling off parts of its natural gas business in North Dakota.
London, UK (SPX) Nov 21, 2016 - One of the oil world's longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for d
Manila (UPI) Nov 21, 2016 - A loan totaling more than $150 million will help Bangladesh address the mounting energy challenges in its expanding economy, the Asian Development Bank said.
Astana, Kazakhstan (UPI) Nov 21, 2016 - Commercial production from the giant Kashagan oil field in the Caspian waters of Kazakhstan has begun, a spokesperson for a regional operating company said.
Buffalo NY (SPX) Nov 21, 2016 - Could a glow-in-the-dark dye be the next advancement in energy storage technology? Scientists at the University at Buffalo think so. They have identified a fluorescent dye called BODIPY as an ideal
Tehran (UPI) Nov 21, 2016 - OPEC members are shooting for crude oil priced at around $60 per barrel if production agreements come through, Iran's oil minister said.
London (UPI) Nov 21, 2016 - British energy company EnQuest said Monday it delivered its first batch of oil from a North Sea field that could hold more than 10 million barrels of oil.
New York (UPI) Nov 21, 2016 - Crude oil prices opened the shortened trading week in rally mode as leaders from major oil-producing nations expressed support for a production proposal.
Bethlehem PA (SPX) Nov 21, 2016 - Many species of owl are able to hunt in effective silence by suppressing their noise at sound frequencies above 1.6 kilohertz (kHz) - over the range to which human hearing is most sensitive. A
Mandan, N.D. (UPI) Nov 21, 2016 - Law enforcement personnel in North Dakota said protests against the Dakota Access oil pipeline escalated into riots, with activists settling in for the winter.
Lima (UPI) Nov 21, 2016 - There are no serious issues standing in the way of an OPEC production proposal and Russia is ready to do its part by freezing output, the president said.
New York NY (SPX) Nov 21, 2016 - NextCoal International reports it is advancing plans to build a job-creating Rural Economic Development Renewable Fuels Center (REDRFC) in northern New York State with the involvement of Japanese
