
Australia’s Santos sees lingering industry pressures
Adelaide, Australia (UPI) Jul 22, 2016 - Showing quarterly pressures, but year-on-year improvements, Australian energy company Santos said its strategy is supporting forward momentum.
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Adelaide, Australia (UPI) Jul 22, 2016 - Showing quarterly pressures, but year-on-year improvements, Australian energy company Santos said its strategy is supporting forward momentum.
Jul 22, 2016

New York (UPI) Jul 22, 2016 - Crude oil prices held relatively flat at the start of trading Friday, with modestly upbeat industry sentiment balancing against lingering European concerns.
Jul 22, 2016

Warsaw, Poland (UPI) Jul 22, 2016 - An expansion to a Russian natural gas pipeline in the Baltic Sea, Nord Stream, would inhibit market competition, a Polish antitrust authority said Friday.
Jul 22, 2016

Cleveland (UPI) Jul 22, 2016 - Though most would-be voters back a strong U.S. energy sector, a survey finds a hawkish oil and gas policy is backed more by those considered Republicans.
Jul 22, 2016

London (UPI) Jul 22, 2016 - The energy market has clearly turned the corner, but the industry still faces headwinds without significant price recovery, Schlumberger's CEO said.
Jul 22, 2016

Paris (UPI) Jul 22, 2016 - French energy company Total said Friday it landed a 17-year agreement to supply liquefied natural gas to the Japanese market starting in 2019.
Jul 22, 2016

Zug, Switzerland (UPI) Jul 22, 2016 - Offshore rig company Transocean revealed it started on a new contract for drilling in the deep waters of the U.S. Gulf of Mexico, though at a reduced day rate.
Jul 22, 2016

San Ramon, Calif. (UPI) Jul 21, 2016 - Starting in 2018, U.S. energy company Chevron Corp. said it will start shipping liquefied natural gas to a Chinese counterpart under the terms of a new deal.
Jul 21, 2016

Calgary, Alberta (UPI) Jul 21, 2016 - Spending on exploration and production is going up after second quarter operations turned into positive cash flow, shale oil and gas producer Encana Corp. said.
Jul 21, 2016

Lansing, Mich. (UPI) Jul 21, 2016 - A $177 million settlement for oil spills in 2010 in the Great Lakes states serves as a warning of the dangers of shipping heavy oils, environmental groups said.
Jul 21, 2016

Sydney (UPI) Jul 21, 2016 - Oil Search Ltd. said it wouldn't counter an offer made for a rival tied to liquefied natural gas assets in Papua New Guinea following a bidding war.
Jul 21, 2016

New York (UPI) Jul 21, 2016 - Crude oil prices drifted lower in early Thursday trading after the European Central Bank said downside risks are lingering in the regional economy.
Jul 21, 2016

Perth, Australia (UPI) Jul 21, 2016 - Australian energy company Woodside said it was posting lower revenues for the second quarter because of a lag-time in product price recovery.
Jul 21, 2016

Melbourne (UPI) Jul 20, 2016 - Australian mining and energy company BHP Billiton said it was ready to pounce at core U.S. assets once conditions improve for energy prices.
Jul 20, 2016

Washington (AFP) July 20, 2016 - Canadian pipeline giant Enbridge Inc. has agreed to pay $177 million to settle claims stemming from two major oil spills in the United States in 2010, US authorities announced Wednesday.
Jul 20, 2016

Houston (UPI) Jul 20, 2016 - Despite paying billions of dollars after a failed merger effort with a rival, oilfield services company Halliburton said its strategy is working.
Jul 20, 2016