Oil and Gas
IEA demand forecast drags on oil prices
New York (UPI) Feb 9, 2016 - Crude oil prices moved lower in early Tuesday trading after the International Energy Agency warned of a prolonged market downturn.
Energy Tech
Phosphine as a superconductor? Sure, but the story may be complicated
Buffalo NY (SPX) Feb 09, 2016 - Phosphine is one of the newest materials to be named a superconductor, a material through which electricity can flow with zero resistance. In 2015, scientists reported that they had liquefied the ch
Bio Fuel
Researchers create synthetic biopathway to turn agriculture waste into ‘green’ products
Minneapolis MN (SPX) Feb 09, 2016 - Researchers at the University of Minnesota have engineered a new synthetic biopathway that can more efficiently and cost-effectively turn agricultural waste, like corn stover and orange peels, into
Energy Tech
Researchers propose high-efficiency wireless power transfer system
Saint Petersburg, Russia (SPX) Feb 09, 2016 - Today, wireless power transfer (WPT) systems enable to charge electronic devices without plugging them into the wall, but rather by placing them on a special charging pad. However, the transfer dist
Oil and Gas
Retail gasoline selling for a bargain
Washington (UPI) Feb 9, 2016 - Retail gasoline price movements may buck historic trends and not move up dramatically on seasonal pressures, motor club AAA reports.
Energy Tech
Scientists create laser-activated superconductor
Bath, UK (SPX) Feb 09, 2016 - Shining lasers at superconductors can make them work at higher temperatures, suggests new findings from an international team of scientists including the University of Bath. Superconductors are mate
Oil and Gas
Suncor replaces board at Canadian Oil Sands
Calgary, Alberta (UPI) Feb 9, 2016 - Canadian Oil Sands announced its entire board of directors is comprised of former leaders from rival Suncor as a hostile takeover takes hold.
Oil and Gas
BG Group ends independence on high note
London (UPI) Feb 08, 2016 - In its last report as an independent company, BG Group said it was one of the few companies in the struggling sector to report a full-year profit.
Oil and Gas
Canada’s Suncor trims spending
Calgary, Alberta (UPI) Feb 08, 2016 - Canadian energy company Suncor, after a success hostile takeover of a rival, reported a fourth quarter net loss of almost $1.5 billion.
Oil and Gas
DNO, Genel paid for Kurdish oil exports
Oslo, Norway (UPI) Feb 8, 2016 - Two partners working in the Kurdish north of Iraq, DNO International and Genel Energy, said they received their regular payments for crude oil exports.
Oil and Gas
House scoffs at Obama’s proposed $10 oil fee
Washington (UPI) Feb 08, 2016 - Republican leaders in the U.S. House said a White House proposal to impose a $10-per-barrel tax on U.S. oil stands no chance of gaining legislative traction.
Oil and Gas
Iran aims for more diverse economy
Qom, Iran (UPI) Feb 8, 2016 - Iranian exports of around $50 billion worth of non-petroleum products are not enough to diversify the nation's economy, the speaker of parliament said.
Oil and Gas
Kurds pay out for crude oil exports
London (UPI) Feb 08, 2016 - With formal statehood under consideration, the Kurdish government continues to make its regular payments for crude oil exports, Genel Energy said.
Oil and Gas
Mexican rig fire leaves three dead
Mexico City (UPI) Feb 8, 2016 - Three rig workers died as a result of an accident at the Abkatun-A offshore drilling platform in the Gulf of Mexico, the state oil company in Mexico confirmed.
Oil and Gas
North Dakota continues shedding rigs
Bismarck, N.D. (UPI) Feb 8, 2016 - Lower crude oil prices continued to pressure upstream operations in North Dakota as the state shed two rigs since last week, state data show.
Oil and Gas
Oil falters on low prospect of output cuts
New York (UPI) Feb 8, 2016 - Crude oil prices moved lower in early Monday trading after OPEC members offered few signs of lowering production to alleviate the lingering glut.