Stavanger, Norway (UPI) Sep 28, 2016 - Norwegian energy company Statoil said it pulled out of a rig contract early as decommissioning of a North Sea gas field moves ahead of schedule.
Stanford CA (SPX) Sep 28, 2016 - A 4.8 magnitude earthquake that rattled residents and damaged buildings in East Texas in 2012 was triggered by the injection of large volumes of wastewater from oil and gas activities into rocks dee
Houston (UPI) Sep 28, 2016 - Dutch supermajor Shell said it was spending $350 million to increase its holdings over two companies with strong positions in the U.S. Gulf of Mexico.
Washington (UPI) Sep 28, 2016 - Oilfield services Weatherford International agreed to pay a penalty to settle charges it inflated its earnings reports to align with projections, the SEC said.
London (UPI) Sep 27, 2016 - Oil and gas exploration activity off the British coast is at a record low and the government needs to step in with its full weight, an industry body said.
Paris (UPI) Sep 27, 2016 - French energy company ENGIE said it was enhancing its position in the market for liquefied natural gas by securing an agreement with partners in China.
Astana, Kazakhstan (UPI) Sep 27, 2016 - A spokesperson for a company overseeing the giant Kashagan oil field in the Kazakh waters of the Caspian Sea said production will resume by year's end.
Manila (UPI) Sep 27, 2016 - The economy of Indonesia, one of the newest members of OPEC, is on the decline, but could recover as policy reforms take hold, the Asian Development Bank said.
New York (UPI) Sep 27, 2016 - Crude oil prices moved lower in early Tuesday trading amid dimming prospects for an oil production agreement in Algeria and a drop in global growth estimates.
Washington (UPI) Sep 27, 2016 - Following a robust month for demand, an expected drop in U.S. retail gasoline prices was delayed by pipelines issues in the south, a market report said.
Houston (UPI) Sep 27, 2016 - Global energy trader Vitol said it was leaving Texas shale in good hands following a sale of its holdings to pipeline operator Sunoco Logistics.
New York (UPI) Sep 26, 2016 - Crude oil prices inched higher in early trading Monday even as Iran dismissed any idea of coordinated action by major producers to stimulate the market.
London, UK (SPX) Sep 26, 2016 - The late-2014, Saudi-initiated oil-price war may have taken the 'boom' out of the US shale industry as it seriously threatened OPEC market share, but Saudi victory has been elusive: US shale has pro
Tel Aviv, Israel (UPI) Sep 26, 2016 - A Jordanian power company has agreed to a take-or-pay scheme tied to the imports of natural gas from the Leviathan field offshore Israel, Noble Energy said.
Mexico City (UPI) Sep 26, 2016 - In the latest in a string of accidents, a Mexican oil company said insurance companies are ready to act and investigators are on scene after a fuel tanker fire.
Dubai, United Arab Emirates (UPI) Sep 26, 2016 - After touting its resiliency in a depressed market, Emirati rig builder Lamprell said it secured work for one of the largest oil fields off the Norwegian coast.
