Oil and Gas
Pessimism bubbles up to leave oil prices mixed
New York (UPI) Jul 26, 2016 - Crude oil prices were trading in mixed territory early Tuesday after BP said more output was expected, but market recovery would be slow.
Bio Fuel
Scientists harness CO2 to consolidate biofuel production process
Berkeley CA (SPX) Jul 26, 2016 - Carbon dioxide has emerged as a secret ingredient in the recipe for making ethanol, and that addition represents a major step forward in streamlining the biofuel production process. The innova
Bio Fuel
Scientists unlock ‘green’ energy from garden grass
Cardiff, UK (SPX) Jul 26, 2016 - Garden grass could become a source of cheap and clean renewable energy, scientists have claimed. A team of UK researchers, including experts from Cardiff University's Cardiff Catalysis Institute, ha
Oil and Gas
Texas economist warns against exuberance
Dallas (UPI) Jul 26, 2016 - Moderation in crude oil prices during the second quarter of the year shouldn't translate to an overwhelming sense of optimism, a Texas economist said.
Oil and Gas
Market uncertainty drags oil prices lower
New York (UPI) Jul 25, 2016 - Pessimism about the market's trajectory combined with violence in Nigeria, an OPEC member, sent crude oil prices lower in early Monday trading.
Oil and Gas
Nord Stream planners reviewing next steps
Vienna (UPI) Jul 25, 2016 - The planning companies behind an expansion to a natural gas pipeline in the Baltic Sea said they're exploring their options amid Polish anti-trust concerns.
Oil and Gas
North Dakota rig count up 10 percent
Bismarck, N.D. (UPI) Jul 25, 2016 - The number of rigs actively exploring for or producing oil and natural gas in North Dakota is up 10 percent from last week, state data show.
Oil and Gas
Oil spill threatens Saskatchewan drinking water
Regina, Saskatchewan (UPI) Jul 25, 2016 - With an oil spill threatening area water ways, provincial leaders in Saskatchewan said protecting drinking water supplies was the top priority.
Oil and Gas
Russian company Gazprom Neft pumping 67,000 barrels of oil a day in eastern Iraq
Kut, Iraq (UPI) Jul 25, 2016 - Production momentum at the Badra oil field in eastern Iraq has resulted in almost half of the total volumes emerging this year, Russian company Gazprom Neft said.
Oil and Gas
Russian economy recovering slowly
Moscow (UPI) Jul 25, 2016 - With oil holding relatively stable, there are few restrictions on meeting inflationary goals by the end of next year, a Russian finance minister said.
Oil and Gas
Scotland working to protect EU relations
Edinburgh, Scotland (UPI) Jul 25, 2016 - The Scottish government, which once pushed an independence bid in part on oil revenue, said every option is on the table for staying in the European Union.
Oil and Gas
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.
Oil and Gas
Oil prices drift lower, balancing modest industry optimism
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.
Oil and Gas
Polish antitrust body wary of Nord Stream II
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.
Oil and Gas
Poll: Republican voters see Big Oil as big deal
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.
Oil and Gas
Schlumberger: We’ve reached the bottom
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.