New York (UPI) Apr 19, 2016 - Oil prices recovered from recent declines on pressure from oil labor strikes in Kuwait, though economic and production pressures pulled on Tuesday's rally.
Kuwait City (UPI) Apr 19, 2016 - Though a labor strike in Kuwait is on its third day, a spokesman for the oil ministry said Tuesday output has moved higher to 1.5 million barrels per day.
Quito (AFP) April 19, 2016 - Oil-producing Ecuador has already taken a big hit from the drop in global crude prices, so the last thing it needed was the devastating earthquake that struck last weekend.
Moscow (UPI) Apr 19, 2016 - An economist at a Russian development bank said Tuesday any deal among major oil producers last weekend would've been moot because markets are flush with oil.
Hammerfest, Norway (UPI) Apr 19, 2016 - With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development.
Washington (UPI) Apr 19, 2016 - A balanced energy portfolio suggests the U.S. economy won't take any major hits from lingering weakness in the oil sector, a White House spokesman said.
Riyadh (AFP) April 19, 2016 - The United States is seeking greater special forces and naval cooperation with the Gulf states to counter Iran's destabilising activities in the region, a senior American official said.
London (UPI) Apr 18, 2016 - The so-called Gatwick Gusher, a shale basin in the United Kingdom, could add as much as $74 billion to the nation's economy, a study finds.
Trondheim, Norway (UPI) Apr 18, 2016 - A Norwegian subsidiary of British energy company Centrica said it unloaded some of its assets in Norwegian waters following a portfolio review.
Washington (UPI) Apr 18, 2016 - Crude oil prices were sharply lower Monday, a day after a production meeting collapsed in Doha, but movement was buffered somewhat by Kuwaiti labor strikes.
Quito, Ecuador (UPI) Apr 18, 2016 - Despite the devastation from a magnitude-7.8 earthquake, Ecuador's government said that most of its energy infrastructure was spared major damage.
New York (AFP) April 18, 2016 - US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders alleging it hid what it knew about the effects of fossil fuels on climate change.
Los Angeles CA (SPX) Apr 18, 2016 - UCLA biochemists have devised a clever way to make a variety of useful chemical compounds, which could lead to the production of biofuels and new pharmaceuticals. The idea of synthetic biolog
Oklahoma City (UPI) Apr 18, 2016 - Even with action taken to control human-induced seismic events tied to oil and gas, the USGS reported more than a dozen minor quakes in Oklahoma in a week.
Brisbane, Australia (UPI) Apr 18, 2016 - A superhydrophobic fabric that attracts oil, being developed by researchers in Australia, may one day be a household cleaning product. As of now, it's a prototype with great promise.
Bismarck, N.D. (UPI) Apr 18, 2016 - At 29, the rig count in North Dakota, the No. 2 oil producer in the United States, is at its lowest level in more than a decade, state data show.
