London, UK (SPX) Oct 28, 2015 - October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebo
Milan, Italy (UPI) Oct 28, 2015 - Italian energy company Eni said it was selling shares in its oil services subsidiary Saipem to finance the development of its oil and natural gas reserves.
Paris (UPI) Oct 28, 2015 - French energy company ENGIE, formerly GDF Suez, said it signed a deal to secure liquefied natural gas from proposed export facilities in the United States.
New York (UPI) Oct 28, 2015 - U.S.-focused oil producer Hess Corp. said it was taking a disciplined approach to its business operations after posting its fourth consecutive quarterly loss.
Waterloo, Canada (SPX) Oct 28, 2015 - Substantially smaller and longer-lasting batteries for everything from portable electronic devices to electric cars could be come a reality thanks to an innovative technology developed by University
Upton, UK (SPX) Oct 28, 2015 - A team led by researchers from the U.S. Department of Energy's Brookhaven National Laboratory and Cornell University has characterized a key arrangement of electrons in a high-temperature supercondu
Mainz, Germany (SPX) Oct 28, 2015 - Petroleum might well be replaced by wood soon when it comes to manufacturing chemical substances. Research has now made significant progress towards using sustainable biomass, like wood, as an alter
London (UPI) Oct 27, 2015 - With oil prices expected to recover only to the $60 per barrel mark by 2017, British energy company BP said it was retooling to fit a new market landscape.
Washington (UPI) Oct 27, 2015 - Falling crude oil prices, driven in part by weak global economic growth, means gas prices should keep moving lower for U.S. motorists, analysts said.
Bismarck, N.D. (UPI) Oct 27, 2015 - A small amount of oil spilled at Dunn County well site, a location at the heart of the North Dakota shale oil boom, the state Department of Health reports.
Oklahoma City (UPI) Oct 27, 2015 - The governor of emerging oil and gas state Oklahoma signed an executive order calling for preparations for what's expected to be a challenging budget year.
New York (UPI) Oct 27, 2015 - Expectations of dwindling production wasn't enough to offset concerns about oversupply, pushing crude oil prices deeper in the red in early Tuesday trading.
Paris (UPI) Oct 27, 2015 - Technip, a French engineering company servicing the energy sector, said its latest contract marks a milestone for one of the larger oil fields in Brazil.
Austin, Texas (UPI) Oct 27, 2015 - A preliminary estimate of the total crude oil production from Texas, the No. 1 oil producer in the nation, shows output remains resilient, state data show.
Copenhagen, Denmark (UPI) Oct 26, 2015 - Danish energy company Maersk said it would cut about 12 percent of its workforce as part of an effort to slash operating costs by 20 percent by the end of 2016.
Bismarck, N.D. (UPI) Oct 26, 2015 - The number of rigs actively exploring for or producing oil and gas in North Dakota held steady for the third straight week, state data show.
