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.
Algiers, Algeria (UPI) Sep 26, 2016 - It's not essential to use artificial action on the energy market to correct the imbalance between supply and demand, Russia's energy minister said from Algeria.
Chichester, UK (SPX) Sep 26, 2016 - As the industry evolves and offshore wind farms move further from land, risks increase and the challenges for maintaining effective communication and managing health and safety become heightened. Se
Austin, Texas (UPI) Sep 26, 2016 - Texas crude oil production data show some recovery under way, though output is still lower than last year, a state regulatory agency reported.
Algiers, Algeria (UPI) Sep 23, 2016 - Italian energy company Eni said it was extending its pioneering work in Algeria by becoming the first company to wade into the solar energy field.
Stavanger, Norway (UPI) Sep 23, 2016 - Norwegian energy company Statoil said it would learn from the lessons on stove-piping after publishing findings from a fatal April offshore accident.
Brussels (UPI) Sep 23, 2016 - Plans by Libya to increase oil production and exports to the global market are a welcome step toward stability, a multilateral statement read.
London (UPI) Sep 23, 2016 - Tullow Oil, a company operating one of the larger oil fields offshore West Africa, said it was working to recoup losses from an equipment failure this year.
Geneva, Switzerland (UPI) Sep 23, 2016 - The U.S. government is called on to stop the construction of the Dakota Access oil pipeline because of threats to the aboriginal community, a U.N. envoy said.
New York (UPI) Sep 22, 2016 - Crude oil prices moved higher in early Thursday trading after strong labor data from the United States lent support to a possible rate hike later this year.
Arlington, Texas (UPI) Sep 22, 2016 - Chemists have found signs of contamination in well water samples collected throughout the Eagle Ford Shale region in Texas.
Billings, Mont. (UPI) Sep 22, 2016 - Exxon Mobil under the terms of a joint agreement settled for $12 million for the 2011 oil spill that spoiled a section of the Yellowstone River, officials said.
