
Low oil prices left Alberta with a massive deficit
Calgary, Alberta (UPI) Jun 30, 2016 - An annual review of the budget for oil-rich Alberta found total revenue came in lower than budgeted, though the provincial finance minister was upbeat.
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Calgary, Alberta (UPI) Jun 30, 2016 - An annual review of the budget for oil-rich Alberta found total revenue came in lower than budgeted, though the provincial finance minister was upbeat.
Jun 30, 2016

Stockholm, Sweden (UPI) Jun 30, 2016 - Lundin Petroleum, a Swedish company, said it completed an acquisition in a minority share in a Norwegian oil field from regional counterpart Statoil.
Jun 30, 2016

Irving, Texas (UPI) Jun 30, 2016 - A well off the coast of Guyana holds a find that, with as much as 1.4 billion barrels of reserves, is considered transformative, Exxon Mobil said Thursday.
Jun 30, 2016

Lagos (AFP) June 30, 2016 - The Nigerian government announced Thursday that it signed $80 billion worth in oil and gas deals with Chinese companies.
Jun 30, 2016

New York (UPI) Jun 30, 2016 - Crude oil prices reversed course in Thursday trading with an investment bank saying the $50 mark may be something of a soft ceiling for the long term.
Jun 30, 2016

Seoul (UPI) Jun 30, 2016 - Construction started Thursday for part of a platform that will deploy at the giant Johan Sverdrup oil field, Norwegian energy company Statoil said.
Jun 30, 2016

London (UPI) Jun 30, 2016 - One of the more lucrative oil fields off the coast of West Africa could start delivering its first batch of oil as early as July, Tullow Oil said.
Jun 30, 2016

Washington (UPI) Jun 29, 2016 - Though some geopolitical conflicts may impede the progress, Azerbaijan is positioned to become one of the region's key players in natural gas, analysis finds.
Jun 29, 2016

Ottawa (UPI) Jun 29, 2016 - The Canadian government said it was looking to build stronger energy ties with Mexico now that key reforms were in place in the sector.
Jun 29, 2016

Houston (UPI) Jun 29, 2016 - Enterprise Products Partners said it closed down a gas facility in Mississippi after a fire erupted earlier this week within the confines of the plant.
Jun 29, 2016

Cork, Ireland (UPI) Jun 29, 2016 - Irish exploration company Circle Oil said Wednesday it pulled its shares off the market after steep declines in revenue and funding reconsiderations.
Jun 29, 2016

Beijing, China (SPX) Jun 28, 2016 - Sodium-based batteries have drawn considerable attention as a prospective alternative to lithium-based batteries due to the abundance and low price of sodium element. However, finding a suitable ano
Jun 28, 2016

Calgary, Alberta (UPI) Jun 28, 2016 - Canadian crude oil production expands through the middle of the next decade, but it will do so through growth of mostly legacy projects, analysis finds.
Jun 28, 2016

Leuven, Belgium (SPX) Jun 28, 2016 - Researchers from KU Leuven (Belgium), the University of Strasbourg, and CNRS have discovered a new phosphor that could make next-generation fluorescent and LED lighting even cheaper and more efficie
Jun 28, 2016

New York (UPI) Jun 28, 2016 - A revision upward for growth in the U.S. economy was enough Tuesday to erase two straight days of heavy losses in crude oil prices sparked by the Brexit.
Jun 28, 2016

Warsaw, Poland (UPI) Jun 28, 2016 - Making a move on the global market for liquefied natural gas, Polish company PGNiG said it was setting up shop in London even as it charts its post-EU future.
Jun 28, 2016