Perth, Australia (UPI) Feb 18, 2016 - Despite reporting weakness during the sector downturn, Australia's Woodside Petroleum said it acquired new exploration acreage off the West African coast.
Arbil, Iraq (AFP) Feb 17, 2016 - Iraq's autonomous Kurdish region said Wednesday that it would halt independent oil sales if Baghdad pays its employees, but cast doubt on the federal government's ability to implement the proposal.
London (UPI) Feb 17, 2016 - A British energy company said Wednesday shale oil continued to flow naturally to the surface, a day after it declared high rates from its Horse Hill license.
New York (UPI) Feb 17, 2016 - Crude oil prices soared in Wednesday trading as petroleum ministers reviewed productions levels in Tehran, even as Iran maintains defense of its market share.
Stavanger, Norway (UPI) Feb 17, 2016 - Norwegian energy company Statoil said Wednesday it decided to cancel a rig contract with Maersk Drilling, transferring the terms to French supermajor Total.
Oklahoma City (UPI) Feb 17, 2016 - Environmental advocacy group Sierra Club said it filed a lawsuit against energy companies involved in Oklahoma shale in part because of the rise of earthquakes.
Perth, Australia (UPI) Feb 17, 2016 - Supply-side pressures are expected to last through most of 2016 and continue to pressure growth opportunities, Australia's Woodside Petroleum said.
Moscow (UPI) Feb 16, 2016 - Russian energy company Gazprom announced it appointed Alexei Miller to serve for another five-year term that would end in 2021.
Stanford CA (SPX) Feb 16, 2016 - The answer to that question is usually 'no,' but there are exceptions, said Stanford Professor Rob Jackson, a professor of Earth system science at Stanford University, and a senior fellow at the S
Brussels (UPI) Feb 16, 2016 - A European energy strategy aims to counter geopolitical threats to supplies while at the same time considering global climate initiatives, a commissioner said.
Arbil, Iraq (AFP) Feb 16, 2016 - Iraq's autonomous Kurdish region announced on Tuesday that it made over $3.94 billion last year from direct oil export sales that the country's federal government considers illegal.
Vienna (UPI) Feb 16, 2016 - Austrian energy company OMV said its New Zealand subsidiary was bringing Norwegian energy giant Statoil on as a partner for offshore exploration.
Oklahoma City (UPI) Feb 16, 2016 - The governor of Oklahoma, which is facing a budget gap in part because of low oil prices, said she was looking to tourism as a possible financial life line.
New York (UPI) Feb 16, 2016 - An overnight rally in crude oil prices sparked by the latest talk of production cuts from OPEC members lost steam after analysts took stock of output data.
Washington (UPI) Feb 16, 2016 - U.S. retail gasoline prices continue to fall, though with oil production cuts on the table, consumer may be enjoying the last of the savings, analysts said.
Stavanger, Norway (UPI) Feb 16, 2016 - Norwegian energy company Statoil announced the launch of a new $200 million investment fund to help drive a strong renewable energy growth strategy.
