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.
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.
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.
Tel Aviv, Israel (UPI) May 23, 2016 - Partners aiming to exploit the rich natural gas reserves offshore Israel said they would take the steps
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.
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.
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.
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.
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.
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.
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.
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.
Moscow (UPI) May 19, 2016 - Russian energy company Gazprom said Thursday it was trimming its construction plans on a natural gas pipeline to the Far East in order to save capital.
New York (UPI) May 19, 2016 - Crude oil prices, turning lower following comments from the U.S. Federal Reserve Board, dropped further Thursday amid European concerns of subdued growth.
Washington (UPI) May 19, 2016 - The economy of Saudi Arabia is expected to slow down noticeably as a result of lower oil prices, though the fiscal policies are adapting, the IMF said Thursday.
Paris (AFP) May 19, 2016 - Oil and gas services companies Technip of France and the American FMC Technologies said Thursday they have agreed to merge, creating one of the world's top companies in a sector battered by low energy prices.
