New York (UPI) Mar 2, 2016 - A spike in U.S. crude oil inventories and questions about Chinese economic recovery brought an end to a short-term rally in oil prices in Wednesday trading.
York, UK (SPX) Mar 02, 2016 - Scientists at the University of York are part of an international research team that has made a significant step forward in understanding the processes naturally occurring enzymes use to degrade mic
Moscow (UPI) Mar 2, 2016 - The Kremlin confirmed the directors at Russia's major oil companies agreed to a proposal to hold production levels static in an effort to stimulate the market.
Houston (UPI) Mar 2, 2016 - The integration with fellow services company Cameron International will help drive momentum forward as the market recovers, Schlumberger said.
London (AFP) March 2, 2016 - Oil giant Royal Dutch Shell came under renewed scrutiny on Wednesday over its environmental record in Nigeria after lawyers brought fresh claims of damage caused by spills to a London court.
London, UK (SPX) Mar 02, 2016 - An interconnected structure, which water can easily flow through, is key to creating a highly effective mechanical sponge for clearing oil spills. These are the findings from scientists at the Istit
Stavanger, Norway (UPI) Mar 2, 2016 - Following a successful 2015 auction, Norwegian energy company Statoil said it was building a better position in the emerging reserve potential offshore Ireland.
London (UPI) Mar 2, 2016 - The outlook for Africa-focused Tullow Oil is negative, though the company may recover on the back of new Ghanaian operations, Moody's Investors Service said.
London (UPI) Mar 1, 2016 - The British Geological Survey said Tuesday it's uncovered data that could help address concerns about seismic activity associated with hydraulic fracturing.
London (UPI) Mar 1, 2016 - A British company tapping into inland shale oil basins said oil was flowing to the surface at a natural rate fast enough to yield obvious commercial potential.
Baghdad (AFP) March 1, 2016 - Iraq's oil exports and revenue dipped in February compared with the previous month as low global crude prices offered Baghdad no financial respite, a statement said on Tuesday.
Moscow (UPI) Mar 1, 2016 - Russian investment consultants are being asked about the possible terms of privatization of parts of the state-controlled oil sector, a minister said Tuesday.
Memphis (UPI) Mar 1, 2016 - New research revealed a glue-like protein called nucleophosmin, NPM1, binds together the biomolecules inside the nucleolus.
Stavanger, Norway (UPI) Mar 1, 2016 - Norwegian energy company Statoil said Tuesday it started drilling the first well for the Johan Sverdrup field, one of the largest ever discovered.
Sendai, Japan (UPI) Mar 1, 2016 - A team of researchers in Japan have developed a relatively simple pretreatment strategy to boost the efficiency of biorefinery systems.
Austin, Texas (UPI) Mar 1, 2016 - Texas crude oil production increased 5 percent in December even as markets moved closer to historic lows, state data for the month show.
