London (UPI) Jun 22, 2016 - British energy services company Subsea 7 said it was trimming its labor force by more than 1,000 in an effort to adjust to the era of lower oil prices.
Abuja, Nigeria (UPI) Jun 22, 2016 - Nigerian crude oil production may be on the verge of recovery despite uncertainty surrounding a truce with Niger Delta militants, an official said.
Herzelya Pituach, Israel (SPX) Jun 22, 2016 - SolarEdge Technologies and LG Chem have announced the compatibility of SolarEdge's StorEdge solutions and LG Chem's new high voltage RESU10H and RESU7H batteries. The product compatibility will help
Vienna (UPI) Jun 22, 2016 - Austrian energy company OMV said it set a drilling record with a horizontal appraisal well at an oil field in the northernmost waters of Norway.
New York (UPI) Jun 22, 2016 - Crude oil prices recovered somewhat Wednesday on expectations of declining inventories, though uncertainty could upend the rally ahead of the Brexit vote.
Stanford CA (SPX) Jun 22, 2016 - A Stanford University research lab has developed new technologies to tackle two of the world's biggest energy challenges - clean fuel for transportation and grid-scale energy storage. The researcher
Denver (UPI) Jun 21, 2016 - Though budget forecasts are lower than initial projections, Colorado's governor said the revenue stream was strong considering the strains on the energy sector.
New York (UPI) Jun 21, 2016 - Crude oil prices turned lower early Tuesday following a truce brokered with Nigerian oil bandits, amid pleas from the British prime minister to stay in the EU.
Houston (UPI) Jun 21, 2016 - With pressure on the sector easing, a subsidiary of field services company Schlumberger said it secured a multi-million dollar contract for offshore Egypt.
Watford City, N.D. (UPI) Jun 21, 2016 - One person is dead and two others are in critical condition following a fire at an oil installation at the heart of shale basins in North Dakota, a regulator said.
Abuja, Nigeria (UPI) Jun 21, 2016 - Nigerian media reported Tuesday the central government has brokered a 30-day truce with militants waging war on oil installations in the Niger Delta.
Paris (AFP) June 21, 2016 - Adding CO2 instead of water to the cocktail used in fracking, could boost oil and gas extraction and help fight global warming at the same time, scientists said Tuesday.
Washington (UPI) Jun 21, 2016 - With short-term supply disruptions easing, U.S. commuters this summer can expect some of the lowest gas prices in more than a decade, AAA said.
Cairo (UPI) Jun 20, 2016 - British energy company BP said Monday it was putting a deepwater natural gas project in Egypt on the fast track to development.
Houston (UPI) Jun 20, 2016 - U.S. oil major Marathon said Monday it spent $888 million to acquire a rival that has a strong portfolio in the shale oil basins of Oklahoma.
Warri, Nigeria (AFP) June 20, 2016 - The Niger Delta Avengers, a militant group that has been attacking Nigeria's oil infrastructure since early this year, is anything but new, according to those familiar with the region.
