
Russia: Oil production freeze not essential
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.
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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.
Sep 26, 2016

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
Sep 26, 2016

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.
Sep 26, 2016

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.
Sep 23, 2016

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.
Sep 23, 2016

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.
Sep 23, 2016

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.
Sep 23, 2016

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.
Sep 23, 2016

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.
Sep 22, 2016

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.
Sep 22, 2016

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.
Sep 22, 2016

London (UPI) Sep 22, 2016 - Iraq-focused oil player Gulf Keystone Petroleum said it was on the cusp of recovery with its strong position in a field that was doing better than expected.
Sep 22, 2016

Copenhagen, Denmark (UPI) Sep 22, 2016 - Danish group A.P Moeller-Maersk said Thursday it was splitting the company in two, with its oil-related business spinning off to focus on the North Sea.
Sep 22, 2016

Moscow (UPI) Sep 22, 2016 - Russia's energy minister said Thursday there are no proposals on the table to cut crude oil production, though a move to hold levels steady is under review.
Sep 22, 2016

Oslo, Norway (UPI) Sep 22, 2016 - The central bank for the oil-rich economy in Norway said Thursday it was keeping its key policy rate unchanged, reflecting a steady level for crude oil prices.
Sep 22, 2016

Dubai, United Arab Emirates (UPI) Sep 22, 2016 - Rig builder Lamprell said it was able to post a profit during a rough patch for the industry and was in a strong position to ride out the oil market storm.
Sep 22, 2016