New Orleans (UPI) Mar 22, 2016 - The head of Schlumberger, one of the largest oil and gas services companies in the world, said from New Orleans the industry is in need of a strategic makeover.
Calgary, Alberta (UPI) Mar 22, 2016 - Canadian companies Suncor and Canadian Oil Sands Ltd. announced their merger was completed under the terms of a hostile offer launched last year.
Washington (UPI) Mar 22, 2016 - U.S. refinery issues and recovery for oil prices means retail gasoline prices are closing in on their highest levels since December, market analysis finds.
Urbana IL (SPX) Mar 21, 2016 - America's oil consumption far exceeds that of every other country in the world. What's more, it's unsustainable. Therefore, in 2007, Congress mandated a move away from petroleum-based oils toward mo
San Ramon, Calif. (UPI) Mar 21, 2016 - U.S. energy company Chevron said it was now generating revenue from its Gorgon liquefied natural gas project in Australia with the delivery of its first cargo.
London, UK (SPX) Mar 21, 2016 - Fires caused by lightning strikes on hydrocarbon storage plants are a century-old, yet to be addressed, problem, according to research published in the International Journal of Forensic Engineering.
Stockholm, Sweden (UPI) Mar 21, 2016 - Swedish energy company Lundin Petroleum said it secured a line of credit to ensure smooth operations during an era of lower crude oil prices.
Boston MA (SPX) Mar 21, 2016 - The batteries that power the ubiquitous devices of modern life, from smartphones and computers to electric cars, are mostly made of toxic materials such as lithium that can be difficult to dispose o
Wellington, New Zealand (UPI) Mar 21, 2016 - Though oil and gas remains a vital component of the New Zealand economy, the country's energy minister said development won't come recklessly.
Bismarck, N.D. (UPI) Mar 21, 2016 - As crude oil prices hold relatively stable, North Dakota, the No. 2 oil producer in the nation, saw its rig count hold steady from last week, state data show.
Oslo, Norway (UPI) Mar 21, 2016 - The low price of crude oil means Norway's economy is the weakest it's been since the global recession, though the situation is not critical, the government said.
Vienna (UPI) Mar 21, 2016 - Austrian energy company OMV said it was teaming up with partners in Abu Dhabi, United Arab Emirates, and the United States to explore oil and gas fields in Middle East waters.
New York (UPI) Mar 21, 2016 - Positive sentiments about Chinese economic policy from the International Monetary Fund helped lift crude oil prices in early Monday trading.
Aberdeen, Scotland (UPI) Mar 21, 2016 - Norwegian energy company Statoil said it started a pilot project for battery storage of energy generated from wind at a project off the coast of Scotland.
Algiers (AFP) March 18, 2016 - Suspected jihadists launched a rocket attack Friday on an Algerian gas plant jointly run by foreign companies, three years after a deadly hostage crisis at another facility in the Sahara desert.
New York (UPI) Mar 18, 2016 - Support for an April meeting on Doha to steady production levels gave crude oil prices a major boost Friday, though economic concerns continue to be a factor.
