Oil and Gas
Total signs agreement with Iran
Paris (UPI) Jan 29, 2016 - French energy company Total said it signed a framework agreement to purchase crude oil from Iran during the Iranian president's trade visit to Paris.
Oil and Gas
BG shareholders still reviewing Shell merger
London (UPI) Jan 28, 2016 - Shareholders for BG Group were said to be still in discussions on the tie-up with Royal Dutch Shell for what could be the largest merger of its kind in decades.
Oil and Gas
Baker Hughes posts hefty loss
Houston (UPI) Jan 28, 2016 - Oilfield services company Baker Hughes said results for the fourth quarter of 2015 reflected what the company's CEO said was an extremely rough climate.
Oil and Gas
Canadian oil constricted without new pipelines
Calgary, Alberta (UPI) Jan 28, 2016 - Canadian oil production is on pace to increase substantially, though momentum may be throttled without new pipelines, federal analysis finds.
Oil and Gas
Enbridge builds footprint in Montney shale
Calgary, Alberta (UPI) Jan 28, 2016 - Spending $380 million to build a stronger footprint in the Montney shale basin in Canada fits with creating a low-risk profile, Enbridge Inc. said.
Oil and Gas
In Gulf Of Mexico, microbes thrive above natural oil seeps
New York NY (SPX) Jan 28, 2016 - In the water above natural oil seeps in the Gulf of Mexico, where oil and gas bubbles rise almost a mile to break at the surface, scientists have discovered something unusual: phytoplankton, tiny mi
Oil and Gas
Increasing oil’s performance with crumpled graphene balls
Chicago IL (SPX) Jan 28, 2016 - When an automobile's engine is improperly lubricated, it can be a major hit to the pocketbook and the environment. For the average car, 15 percent of the fuel consumption is spent overcoming frictio
Wind Daily
New partners in British offshore wind
London (UPI) Jan 28, 2016 - A consortium steering wind farm development off the British coast said two new partners are on board to help build the 336 megawatt Galloper Wind Farm.
Oil and Gas
Oil prices soar on production rumors, U.S. labor
New York (UPI) Jan 28, 2016 - Strong U.S. labor figures and potential cooperation between Russia and some OPEC members pushed crude prices well into the black in early Thursday trading.
Wind Daily
Health concerns in wind energy developments
Waterloo, Canada (SPX) Jan 28, 2016 - As wind energy development blossoms in Canada and around the world, opposition at the community level is challenging the viability of the industry. A new study with research from the University of W
Bio Fuel
UCR research advances oil production in yeast
Riverside CA (SPX) Jan 28, 2016 - A team led by a researcher at the University of California, Riverside has adapted the CRISPR-Cas9 gene editing system for use in a yeast strain that can produce useful lipids and polymers. The devel
Oil and Gas
U.S. oil exports relatively unchanged
Washington (UPI) Jan 28, 2016 - Though a 40-year-ban on crude oil exports from the United States was lifted, federal data show total crude oil exports up only marginally from last year.
Oil and Gas
Bill Barrett Corp. weighing 2016 options
Denver (UPI) Jan 27, 2016 - Bill Barrett Corp., which focuses on Colorado shale, said it was weighing its options for 2016 after reported a 9 percent decline in 2015 capital expenditures.
Oil and Gas
Canada to consider CO2 emissions in approving new pipelines
Ottawa (AFP) Jan 27, 2016 - Canada's environment and resources ministers announced Wednesday a new framework for approving the construction of pipelines that must consider the direct and upstream greenhouse gas emissions linked to the projects.
Oil and Gas
Continental Resources sees output dwindling
Oklahoma City (UPI) Jan 27, 2016 - U.S. shale player Continental Resources said weakness in the energy sector will manifest itself in a slow decline in overall production through 2016.
Oil and Gas
Crude oil prices fade after inventory build
New York (UPI) Jan 27, 2016 - Crude oil prices retreated into negative territory in early Wednesday trading amid data showing important economies were still oversupplied.