
Lundin suffers major losses in 2015
Stockholm, Sweden (UPI) Feb 3, 2016 - Swedish energy company Lundin Petroleum reported its worst quarterly results ever, though its president said the market may be approaching bottom.
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Stockholm, Sweden (UPI) Feb 3, 2016 - Swedish energy company Lundin Petroleum reported its worst quarterly results ever, though its president said the market may be approaching bottom.
Feb 3, 2016

London (UPI) Feb 3, 2016 - European renewables company DONG Energy said it made a final investment decision for its Hornsea project, the world's largest offshore wind farm ever planned.
Feb 3, 2016

New York (UPI) Feb 3, 2016 - Signs of a resilient U.S. labor sector and ongoing rumors about oil production deals pulled crude oil back above $30 per barrel in Wednesday trading.
Feb 3, 2016

Madrid (AFP) Feb 3, 2016 - Spain's troubled flagship renewable energy giant Abengoa presented a recovery plan to its main creditor banks Wednesday, in abid to avoid bankruptcy, a source close to the negotiations said.
Feb 3, 2016

Houston (UPI) Feb 2, 2016 - U.S. shale and offshore player Anadarko Petroleum announced plans to cut spending after posting a fourth quarter loss of $1.25 billion.
Feb 2, 2016

Ithaca NY (SPX) Feb 02, 2016 - Building on nearly two decades' worth of research, a multidisciplinary team at Cornell has blazed a new trail by creating a self-assembled, three-dimensional gyroidal superconductor. Ulrich Wiesner,
Feb 2, 2016

Irving, Texas (UPI) Feb 2, 2016 - U.S. supermajor Exxon Mobil said it still managed to post earnings during the fourth quarter, though results were lower year-on-year by more than half.
Feb 2, 2016

Columbus, Ohio (UPI) Feb 2, 2016 - Most tall objects, whether natural or man-made, sway in the wind - buildings, trees, bridges. Researchers at Ohio State are trying to find a way to turn all that kinetic energy into electricity.
Feb 2, 2016

New York (UPI) Feb 2, 2016 - Weak fourth quarter reports from the energy sector helped sustain downward momentum sparked by China, leading to a lower opening Tuesday for crude oil prices.
Feb 2, 2016

Oklahoma City (UPI) Feb 2, 2016 - State agencies in Oklahoma may be facing budget cuts of at least 10 percent in part because of the pressure from lower oil prices, the governor said.
Feb 2, 2016

Washington (UPI) Feb 2, 2016 - Refinery issues may be pulling the U.S. national average price for gas higher, though low crude oil prices are keeping the average below $2, AAA said.
Feb 2, 2016

Aberdeen, Scotland (UPI) Feb 2, 2016 - Following plans to help energy workers with new training, the Scottish government said it was offering support to protect oil and gas companies from risk.
Feb 2, 2016

London (UPI) Feb 1, 2016 - A British plan to develop an industrial-scale shale natural gas industry within a decade is an attack on democracy, an environmental campaign group said.
Feb 1, 2016

Baghdad (AFP) Feb 1, 2016 - Iraqi oil exports rose in January compared to the previous month but revenue fell by more than $650 million due to plunging crude prices, the oil ministry said on Monday.
Feb 1, 2016

Tel Aviv, Israel (UPI) Feb 1, 2016 - The partners controlling the Leviathan gas field off the Israeli coast announced they signed a deal for deliveries to a local electricity producer.
Feb 1, 2016

New York (AFP) Feb 1, 2016 - Oil prices tumbled Monday following disappointing Chinese economic data and doubts about an imminent deal of major petroleum producers to cut output.
Feb 1, 2016