Oil and Gas
General Dynamics NASSCO building SEA-Vista tanker
San Diego (UPI) Oct 19, 2015 - General Dynamics NASSCO announced construction for a tanker to be built for SEA-Vista Newbuild, a subsidiary of SEACOR Holdings.
Oil and Gas
Iran oil minister brands middlemen ‘corrupt parasites’
Tehran (AFP) Oct 19, 2015 - Iran's Oil Minister Bijan Zanganeh launched a blistering attack Monday on industry middlemen, branding them parasites that want to suck the nation's blood for their own financial benefit.
Energy News
Leaders call for carbon pricing worldwide
Washington (AFP) Oct 19, 2015 - A group of world leaders called Monday for countries around the world to put a price on carbon to strengthen the international fight against climate change.
Oil and Gas
Number of North Dakota oil drilling rigs hold steady
Bismarck, N.D. (UPI) Oct 19, 2015 - North Dakota reported Monday that 68 oil rigs are involved in exploration and production in the state, the same figure as last week.
Oil and Gas
Oil retreats in Asia as China slowdown weighs
Singapore (AFP) Oct 19, 2015 - Oil fell in Asia Monday after official data showed China's economy posted its slowest growth for more than six years in the third quarter, reinforcing worries about demand from the world's top energy guzzler.
Oil and Gas
Oil slides as China data weighs
New York (AFP) Oct 19, 2015 - Oil prices fell sharply Monday on renewed concerns about China's cooling economy after data showed the weakest growth in more than six years and falling industrial production.
Energy News
UN chief says ‘no plan B or planet B’ in climate talks
Bratislava (AFP) Oct 19, 2015 - UN Secretary General Ban Ki-moon on Monday urged nations to look beyond narrow interests at an upcoming world climate conference, warning that we don't have a planet B.
Oil and Gas
US cancels drilling rights auctions in Alaskan Arctic
Washington (AFP) Oct 17, 2015 - The United States has announced it is calling off two auctions for oil and gas drilling rights in the Arctic off Alaska and has denied requests for lease extensions by Shell and Statoil.
Oil and Gas
Analysis shows greenhouse gas emissions similar for shale, crude oil
Lemont IL (SPX) Oct 16, 2015 - The U.S. Department of Energy's Argonne National Laboratory this week released a pair of studies on the efficiency of shale oil production excavation. The reports show that shale oil production gene
Oil and Gas
EIA reviews Indonesia’s OPEC bid
Washington (UPI) Oct 16, 2015 - Despite its bid to reactivate its membership in OPEC, Indonesia will likely need to import more oil to meet its domestic demand, a U.S. analysis said.
Bio Fuel
New UT study highlights environmental, economic shortcomings of federal biofuel laws
Knoxville TN (SPX) Oct 16, 2015 - The federal Renewable Fuel Standard (RFS) and its overreliance on corn ethanol has created additional environmental problems in its 10-year history, resulting in unmet targets for cutting air pollut
Oil and Gas
Oil and gas companies make green pledge
Paris (UPI) Oct 16, 2015 - European and Middle East companies announced they're committed to playing a constructive role in reducing the intensity of global greenhouse gas emissions.
Oil and Gas
Oil prices swing positive
New York (UPI) Oct 16, 2015 - Indications the Chinese economy may be bigger than expected, and Beijing pledges to ease poverty, helped lift crude oil prices in early Friday trading.
Oil and Gas
Russian anti-monopoly board says Gazprom could split
Moscow (UPI) Oct 16, 2015 - Russian natural gas company Gazprom could be divided into separate production and transportation groups, a federal anti-monopoly service said.
Oil and Gas
Schlumberger: Market looks challenging
Houston (UPI) Oct 16, 2015 - Revenue from North American operations alone dropped 4 percent in the third quarter as the oil business environment declined further, Schlumberger said.
Energy Tech
U.S. coal sector in downturn
New York (UPI) Oct 16, 2015 - The mineral mining sector in the United States is showing signs of serious decline brought on by bankruptcies in the coal sector, Fitch Ratings said.