New York (UPI) May 17, 2016 - Crude oil prices moved lower in early Tuesday trading after U.S. data showed the consumer price index increased at its fastest pace in more than three years.
Moscow (UPI) May 17, 2016 - The privatization of Russian oil company Bashneft may be developing as early as the first part of this year, a development minister said.
New Orleans (UPI) May 17, 2016 - A fleet of vessels was deployed in the U.S. Gulf of Mexico and repair work is underway in response to the spill of 2,100 barrels of oil, Shell said.
Lincoln, Neb. (UPI) May 17, 2016 - Pipeline company TransCanada said it aims to replace sections of the Keystone oil pipeline in the United States so it can operate at a higher pressure.
Caracas (AFP) May 17, 2016 - The army in crisis-hit Venezuela has to choose whether it is with the constitution or with (President Nicolas) Maduro, opposition leader Henrique Capriles said Tuesday.
London (UPI) May 16, 2016 - BP said Monday it was doubling its stake in the Culzean gas field in the North Sea, which is expected to have enough gas to meet 5 percent of British demand.
Fort Mcmurray, Alberta (UPI) May 16, 2016 - Employees are on the ground in and around the Fort McMurray area of Alberta to start bringing oil sands operations online, companies said Monday.
Houston TX (SPX) May 16, 2016 - Wellbores drilled to extract oil and gas can be dramatically reinforced with a small amount of modified graphene nanoribbons added to a polymer and microwaved, according to Rice University researche
Bismarck, N.D. (UPI) May 16, 2016 - At 27, the number of rigs actively exploring for or producing oil or natural gas in North Dakota is the lowest it's been in more than a decade, state data show.
New York (UPI) May 16, 2016 - Simmering concerns about supply shortages across the global energy market pushed crude oil prices sharply higher in early Monday trading.
Frankfurt, Germany (UPI) May 16, 2016 - While strong when compared with other sovereign credit ratings, Saudi Arabia's fiscal health remains under threat from low oil prices, Moody's said.
London, UK (SPX) May 16, 2016 - SeaPlanner has been selected as the system to support construction of the Rampion Offshore Wind Farm. SeaPlanner will provide the Vessel and Traffic Management System (VTMS), which will be operated
New Orleans (UPI) May 16, 2016 - Recovery is ongoing and oil spilled from the Glider field in the U.S. waters of the Gulf of Mexico is moving west with no shoreline impact expected, Shell said.
Stavanger, Norway (UPI) May 16, 2016 - Norwegian energy company Statoil said Monday it signed an agreement with a Canadian exploration company to help explore the shale gas potential in Turkey.
Baghdad (AFP) May 15, 2016 - Suicide attackers stormed a gas plant north of Baghdad Sunday, killing at least seven people and setting fire to tanks in the latest such assault claimed by the Islamic State group.
Edmonton, Alberta (UPI) May 13, 2016 - Even as the situation becomes less severe, it may be the third quarter of 2016 before Canadian oil sands operations return to normal, a government report shows.
