Davos, Switzerland (UPI) Jan 22, 2016 - Oil market volatility can't last very long, as $30 per barrel may emerge as the low-point for the year, the head of a Russian financial services company said.
Houston (UPI) Jan 22, 2016 - With North American investments at historic lows, there are few signs of short-term recovery in the energy sector, services company Schlumberger said.
Austin, Texas (UPI) Jan 22, 2016 - Crude oil production of 70.9 million barrels in November for Texas was nearly 4 million less than the previous month, a state energy regulator said.
Davos, Switzerland (UPI) Jan 21, 2016 - Though doors are opening to the Iranian energy sector, BP's top executive Bob Dudley said few investors will rush in on a whim.
Davos, Switzerland (UPI) Jan 21, 2016 - The Canadian economy can strike the right balance between heavy oil and natural gas and the need to address climate change, the prime minister said.
Chicago (UPI) Jan 21, 2016 - The decline in oil prices has led to a steep drop in spending, which could pull markets away from the supply side and lead to recovery, Fitch Ratings said.
Moscow (UPI) Jan 21, 2016 - Russian energy company Gazprom said one of the more promising areas for cooperation with Pakistan was in the field of liquefied natural gas.
Baghdad (AFP) Jan 21, 2016 - Oil revenues that supply the vast majority of Iraqi government funds are very limited, with crude trading at half the value projected in the budget, the finance minister said Thursday.
Kinshasa (AFP) Jan 21, 2016 - International environment and rights groups on Thursday launched a joint plea to the Democratic Republic of Congo and Ugandan governments not to allow oil drilling in or around the Virunga National Park, Africa's oldest wildlife reserve famed for its mountain gorillas.
New York (UPI) Jan 21, 2016 - Weaker unemployment figures from the United States and concerns about downside risks from European Central Bank pushed oil prices lower Thursday.
Pittsburgh PA (SPX) Jan 21, 2016 - Although compressed natural gas represents a cleaner and more efficient fuel for vehicles, its volatile nature requires a reinforced, heavy tank that stores the gas at high pressure and therefore li
University Park PA (SPX) Jan 21, 2016 - A lithium-ion battery that self heats if the temperature is below 32 degrees Fahrenheit has multiple applications, but may have the most impact on relieving winter range anxiety for electric vehic
Moscow (UPI) Jan 21, 2016 - French energy company Total said it may transfer half of its stake in a Russian operation to a national player, but maintained a strong interest in the region.
Perth, Australia (UPI) Jan 21, 2016 - Australian energy company Woodside Petroleum said it expects to write off up to $1.2 million from 2015 earnings, but maintained it can weather the storm.
Washington (UPI) Jan 20, 2016 - U.S. drivers continue to see gas prices drop, though the rate of declines are leveling off with prices only 18 cents less than this date last year, AAA said.
Washington (UPI) Jan 20, 2016 - The powerful American Petroleum Institute said the upstream energy sector was in decline and it was restrictive regulations that were to blame.
