Edinburgh, Scotland (UPI) Mar 15, 2016 - Scotland-based oil explorer Cairn Energy said Tuesday its reserve estimate was up modestly because of developments off the coast of Senegal.
Algiers, Algeria (UPI) Mar 15, 2016 - The International Monetary Fund warned Algeria's government that deep structural reforms are necessary to buffer against pressure from low oil prices.
New York (UPI) Mar 15, 2016 - Demand uncertainties and continued speculation over production levels pushed crude oil prices into negative territory for the second straight day Tuesday.
Washington (UPI) Mar 15, 2016 - A spike in oil prices, coupled with seasonal events at U.S. refineries, means gas prices should increase for consumers, but savings remain, analysis finds.
Moscow (UPI) Mar 15, 2016 - Russian oil producer Gazprom Neft said it was taking a stronger hold over reserves in the Kurdish north of Iraq by assuming control of the area's Sarqala field.
Moscow (AFP) March 15, 2016 - Russia's Novatek finalised Tuesday a 1.09-billion-euro ($1.2-billion) deal to sell China's Silk Road Fund a 9.9 percent stake in an Arctic natural gas project whose development has been complicated by Western sanctions against Moscow.
Copenhagen, Denmark (SPX) Mar 14, 2016 - Vehicle fuels made of plant waste are sustainable and climate friendly. Unfortunately the energy in stems, bark and twigs is locked up in cellulose, which is tough to crack open by the enzymes used
Milan, Italy (UPI) Mar 14, 2016 - Italian energy company Eni said Monday its start to oil production in the Goliat field is the first in the Norwegian waters of the Barents Sea.
Oklahoma City (UPI) Mar 14, 2016 - Five seismic events were reported by the U.S. Geological Survey in Oklahoma in the last 24 hours as the state works to stem incidents tied to oil and gas work.
Charlottesville VA (SPX) Mar 14, 2016 - As strategies for energy security, investment opportunities and energy policies prompt ever-growing production and consumption of biofuels like bioethanol and biodiesel, land and water that could ot
Tehran (UPI) Mar 14, 2016 - Energy companies with U.S. headquarters are welcome to do business in Iran, though sanctions may be prohibitive, the country's oil minister said.
Bismarck, N.D. (UPI) Mar 14, 2016 - Despite last week's rally in crude oil prices, North Dakota continued to witness a decline in exploration and production activity, state data show.
Vienna March 14, 2016 - OPEC said on Monday its oil production fell in February despite member Iran steadily increasing its output after international sanctions were lifted in January following a landmark nuclear deal.
New York (UPI) Mar 14, 2016 - Caveats to a proposed freeze in oil production from Iran pushed crude oil prices sharply lower, moving Brent to below $40 per barrel after last week's rally.
Tancha, Japan (SPX) Mar 14, 2016 - Unlike conventional energy sources, like coal or oil, the supply and demand of renewable energy are, to a large extent, unpredictable because they are affected by the natural fluctuations in the pow
Houston (UPI) Mar 14, 2016 - Royal Dutch Shell said Monday it started production from the third and final phase of operations in the deep waters off the coast of oil-rich Brazil.
