Oil and Gas
Genel reviews Kurdish oil output
London (UPI) Jul 7, 2016 - Iraqi-focused oil company Genel Energy said it lowered its outlook for production from one of its key assets in the Kurdish north of the country.
Oil and Gas
House leader fed up with Exxon climate probe
Washington (UPI) Jul 7, 2016 - Legal force may be needed to compel state attorneys general and environmental groups to clarify their climate charges against Exxon Mobil, a House leader said.
Oil and Gas
IEA: Investments in energy down across the board
Paris (UPI) Jul 7, 2016 - Investments in the energy sector, including investments in a low-carbon future, are down because of lower oil prices, the International Energy Agency said.
Oil and Gas
Niger Delta Avengers strike Chevron infrastructure
Abuja, Nigeria (UPI) Jul 7, 2016 - A Nigerian militant group maintained it was not negotiating a suspension to hostilities with the government, claiming responsibility for an attack on Chevron.
Oil and Gas
Oil, gas worker strike averted in Norway
Oslo, Norway (UPI) Jul 7, 2016 - Strike action that would have impacted production offshore Norway has been averted after a deal was reached on pay rates, a labor union said Thursday.
Oil and Gas
Oil rallies on short-term easing in U.S. unemployment
New York (UPI) Jul 7, 2016 - Despite underlying economic and supply-side pressures, crude oil prices rallied in early Thursday trading in response to positive U.S. labor news.
Oil and Gas
Saipem tapped for work in giant gas field offshore Egypt
Milan, Italy (UPI) Jul 7, 2016 - One of the most significant parts of a package of deals worth more than $1.5 billion is for a contract tied to a gas field offshore Egypt, Italy's Saipem said.
Energy Tech
3-D paper-based microbial fuel cell operating under continuous flow condition
Ames IA (SPX) Jul 06, 2016 - A team of researchers from the Iowa State University in Ames, IA has demonstrated a proof-of-concept three-dimensional paper-based microbial fuel cell (MFC) that could take advantage of capillary ac
Energy Tech
Bangladesh coal plant threatens World Heritage mangrove: petition
Paris (AFP) July 6, 2016 - The world's largest mangrove forest, a World Heritage Site, should be listed as endangered due to a coal-fired power plant under construction in Bangladesh, urged a petition signed by 50,000 people and submitted to the UN Wednesday.
Oil and Gas
Kazakhstan: Tengiz oil a vote of confidence
Astana, Kazakhstan (UPI) Jul 6, 2016 - A commitment to expand operations at one of the largest oil fields in Central Asia is a testament to investor confidence, the Kazakh oil minister said.
Oil and Gas
Niger Delta Avengers suspended from Twitter
Abuja, Nigeria (UPI) Jul 6, 2016 - A militant group targeting oil companies in the Niger Delta said its social media account was suspended and observers should be on the lookout for imposters.
Oil and Gas
Oil losses mount as world markets hit by Brexit woe
Hong Kong (AFP) July 6, 2016 - Oil prices fell further in Asian trade Wednesday, tracking losses across equities and currency markets as fresh fears about the impact of Britain's exit from the EU sent investors fleeing high-risk assets.
Oil and Gas
Oil prices fall sharply for second straight day
New York (UPI) Jul 6, 2016 - Supply-side pressures returned for a second straight day to pull oil prices lower Wednesday, with $50 per barrel fading further away from view.
Oil and Gas
Paper: Decline of British oil and gas sector may bring jobs
London (UPI) Jul 6, 2016 - Training in related sectors, and work on decommissioning oil and gas projects could help keep the workforce healthy, a British policy paper said.
Oil and Gas
Pennsylvania to get power from shale gas
Houston (UPI) Jul 6, 2016 - A Houston-based oil and gas company working primarily in U.S. shale basins said it signed a 10-year deal to supply natural gas for a Pennsylvania power plant.
Oil and Gas
Russian reserve fund may be depleted in 2017
Moscow (UPI) Jul 6, 2016 - With the Kremlin touting resiliency in the era of lower oil prices, Russia's deputy finance minister said Wednesday the government reserve funds may run dry.