Oil and Gas
Eni facilities attacked again in Nigeria
Abuja, Nigeria (UPI) May 23, 2016 - Italian energy company Eni confirmed Monday that some of its infrastructure in Nigeria was once again the target of a militant attack.
Oil and Gas
Evacuation lifted for oil sites threatened by Canada fires
Montreal (AFP) May 23, 2016 - Officials on Sunday lifted the evacuation order for several oil production sites north of Fort McMurray, the city threatened by massive Canadian wildfires, but stopped short of allowing production to resume.
Oil and Gas
Fire threat to Alberta oil sands easing
Edmonton, Alberta (UPI) May 23, 2016 - Municipal authorities in Alberta said they were permitting a phased re-entry for some energy company employees as the wildfire threat evolves.
Oil and Gas
Gas-rich Myanmar still under sanctions pressure
Naypyitaw, Myanmar (UPI) May 23, 2016 - With energy companies examining the reserve potential in a re-emerging Myanmar, the country's foreign minister said she's not afraid of sanctions.
Oil and Gas
North Dakota rig count low sets new record
Bismarck, N.D. (UPI) May 23, 2016 - State data in North Dakota show the number of rigs searching for or producing oil and gas as of Monday broke a record low set more than 10 years ago.
Oil and Gas
Statoil cancels Norwegian Sea rig contract
Stavanger, Norway (UPI) May 23, 2016 - Norwegian energy company Statoil said it canceled relocation plans for a drilling rig from Canada to the Norwegian Sea following field delay decisions.
Oil and Gas
Supply pressures ease to pull oil prices lower
New York (UPI) May 23, 2016 - Crude oil prices retreated into negative territory Monday after supply constraints eased in Canada and optimism resurfaced in war-torn, and oil-rich, Libya.
Oil and Gas
Win secured for Israeli gas
Tel Aviv, Israel (UPI) May 23, 2016 - Partners aiming to exploit the rich natural gas reserves offshore Israel said they would take the steps
Oil and Gas
International concern mounts over Venezuela
Caracas (AFP) May 21, 2016 - International concerns are mounting over the economic and political crisis in Venezuela, where the military on Saturday was holding a second day of exercises ordered by embattled President Nicolas Maduro.
Oil and Gas
Canadian energy direction tested by Trans Mountain pipeline
Vancouver, British Columbia (UPI) May 20, 2016 - Despite a report showing conventional energy could help the regional economy, Vancouver's mayor said a nod for an oil pipeline in the region is a bad deal.
Oil and Gas
Iraqi-focused oil company reviewing debt options
London (UPI) May 20, 2016 - Gulf Keystone Petroleum, a British company focused on Iraqi oil, said it extended an agreement with its lenders until the end of May to consider its debt.
Oil and Gas
LNG, Asia part of Gazprom’s diversification strategy
Moscow (UPI) May 20, 2016 - Delivering more natural gas to expanding Asian economies is a central part of a portfolio diversification scheme, Russian energy company Gazprom said.
Oil and Gas
Natural gas reserves increase for Myanmar
Perth, Australia (UPI) May 20, 2016 - Australian energy company Woodside said it raised its reserve estimate for natural gas offshore Myanmar at a time when sanctions pressures are easing.
Oil and Gas
Norway oil production 3 percent higher than expected
Oslo, Norway (UPI) May 20, 2016 - As oil prices rise on market balance sentiment, the Norwegian government said oil production in April was 3 percent higher than expected.
Oil and Gas
Oil prices slip as Canada fires ebb
New York (AFP) May 20, 2016 - Oil prices slipped on Friday as the forest fires menacing Canada's oil sands region were contained, but the market remained generally firm amid growing expectations of a demand pickup.
Oil and Gas
Pipeline company blamed directly for Refugio Beach, Calif., oil spill
Washington (UPI) May 20, 2016 - Preventable errors on the part of Plains All American Pipeline led to last year's oil spill at a beach in California, the U.S. transportation secretary said.