Calgary, Alberta (UPI) Dec 30, 2015 - Canadian Oil Sands Ltd. said it was urging shareholders to reject a hostile bid from its counterpart Suncor, arguing it's positioned well for falling oil prices.
Aberdeen, Scotland (UPI) Dec 30, 2015 - Abu Dhabi National Energy Co. said it started producing oil from its Cladhan field in the British waters of the North Sea, its largest project to date.
Riyadh, Saudi Arabia (UPI) Dec 30, 2015 - There is no limit to the level of Saudi crude oil production so long as demand permits, the Saudi oil minister said Wednesday from Riyadh.
Denver (UPI) Dec 30, 2015 - The oil and gas industry of Colorado accounts for around twice the average wage for other industries in the state, a university study found.
New York (UPI) Dec 30, 2015 - Crude oil prices retreated in Wednesday trading on sentiments of economic doubt from the International Monetary Fund director.
Tehran (UPI) Dec 30, 2015 - Pointing to low production costs, Iran's director for OPEC affairs said the economy will grow with exports even in a weakened oil market climate.
New York (UPI) Dec 29, 2015 - Oil prices recovered some lost ground in early Tuesday trading on expectations of reasonable growth in 2016 for China and storms in U.S. oil producing states.
Moscow (UPI) Dec 29, 2015 - A new tax regime in Russia could pave the way to an increase in oil production from fields in Western Siberia, the Russian energy minister said.
Astana, Kazakhstan (UPI) Dec 29, 2015 - Test runs for production from the Kashagan oil field, the largest in the world, should be conducted before the end of the year, a Kazakh minister said.
Dallas (UPI) Dec 29, 2015 - Manufacturing conditions in Texas continue to show gains, offsetting some concerns about the health of the oil sector, a state economic outlook finds.
Washington (UPI) Dec 29, 2015 - Refinery issues are again keeping gas prices higher for U.S. consumers who are watching crude oil fall to historic lows, retail market analysts said.
Austin, Texas (UPI) Dec 29, 2015 - Snow- and ice-covered roads are making for hazardous conditions in parts of the U.S. with high levels of oil production, travel advisories show.
Tehran (UPI) Dec 28, 2015 - With more than 2 million barrels of oil per day expected on the market, an Iranian energy director said the country is ready to take a larger market share.
Bismarck, N.D. (UPI) Dec 28, 2015 - The number of rigs actively exploring for or producing oil or natural gas in North Dakota is at a historic low, state data for Monday show.
New York (UPI) Dec 28, 2015 - Strong negative sentiment from some OPEC's top oil producers pushed crude prices deep into negative trading on the last Monday of 2015.
Paris (ESA) Dec 28, 2015 - Engineers developing a drill for probing Mars, the Moon and asteroids have created the world's first portable charger to power up electric cars anywhere, anytime. Drawing on the same voltage as a va
