
Slowing China pushes oil prices lower
New York (UPI) May 3, 2016 - Crude oil prices retreated Tuesday for the second straight day after Chinese data showed a contraction in the nation's manufacturing sector.
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New York (UPI) May 3, 2016 - Crude oil prices retreated Tuesday for the second straight day after Chinese data showed a contraction in the nation's manufacturing sector.
May 3, 2016

Stavanger, Norway (UPI) May 3, 2016 - Norwegian energy company Statoil said it reached a deal to take a larger stake in its Swedish counterpart Lundin Petroleum in an asset swap.
May 3, 2016

Denver (UPI) May 3, 2016 - Oil production in key U.S. shale formations declined and, while a recovery in crude oil prices is an incentive, risks do remain, market analysis finds.
May 3, 2016

Houston (UPI) May 2, 2016 - Pipeline company Enbridge said spending for 2016 would be significantly lower than in past years, though it maintained it's positioned well in North America.
May 2, 2016

Houston (UPI) May 2, 2016 - Effective April 30, a merger proposed in late 2014 between oil services companies Baker Hughes and Halliburton has been terminated, the companies announced.
May 2, 2016

Stockholm, Sweden (UPI) May 2, 2016 - Less than two weeks before releasing quarterly earnings, Lundin Petroleum said in a sustainability report its work offshore Norway was among the greenest.
May 2, 2016

Bismarck, N.D. (UPI) May 2, 2016 - Despite a rally in oil prices of around 30 percent, the number of rigs deployed in shale-rich North Dakota is steady for the fifth straight week, data show.
May 2, 2016

New York (UPI) May 2, 2016 - With some contracts expiring, crude oil prices were volatile early Monday though supply-side pressure emerged again to drag on evolving market dynamics.
May 2, 2016

Tehran (UPI) May 2, 2016 - South Korea and Iran signed off on more than a dozen proposals, including those tied to oil and gas, as Iran's president touts the value of foreign investments.
May 2, 2016

Stavanger, Norway (UPI) May 2, 2016 - Norwegian energy company Statoil said it was in a state of mourning after 13 employees died when a helicopter crashed after leaving an offshore platform.
May 2, 2016

Washington (AFP) May 2, 2016 - The US Supreme Court Monday declined to hear a class-action lawsuit by BP shareholders demanding compensation for a sharp fall in share price after the deadly 2010 Gulf of Mexico oil spill.
May 2, 2016

Philadelphia PA (SPX) Apr 29, 2016 - The secret to making the best energy storage materials is growing them with as much surface area as possible. Like baking, it requires just the right mixture of ingredients prepared in a specific am
Apr 29, 2016

Durham NC (SPX) Apr 29, 2016 - Accidental wastewater spills from unconventional oil production in North Dakota have caused widespread water and soil contamination, a new Duke University study finds. Researchers found high levels
Apr 29, 2016

New York (UPI) Apr 29, 2016 - Strong recovery for U.S. consumer wages balanced against a slowdown in the European economy, but it was enough for a soft rally Friday for crude oil prices.
Apr 29, 2016

Irving, Texas (UPI) Apr 29, 2016 - Exxon Mobil said Friday it managed to report a profit during the first quarter downturn, though pressure continued to build for U.S. counterpart Chevron.
Apr 29, 2016

Arlington TX (SPX) Apr 29, 2016 - New research from The University of Texas at Arlington demonstrates that groundwater quality changes alongside the expansion of horizontal drilling and hydraulic fracturing but also suggests that so
Apr 29, 2016