Oil and Gas
United States importing more oil
Washington (UPI) Oct 16, 2015 - Total U.S. crude oil imports increased by more than 3 percent for the week ending Oct. 9, data from the U.S. Energy Information Administration show.
Oil and Gas
China To Continue Expanding Its Influence In The Oil And Gas Sector
London, UK (SPX) Oct 15, 2015 - Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to th
Oil and Gas
Crude oil continues steady decline
New York (UPI) Oct 15, 2015 - Affirmations that markets still favored the supply side amid sluggish economic growth pushed crude oil prices lower in early Thursday trading.
Oil and Gas
Deep cuts for Spanish energy company Repsol
Madrid (UPI) Oct 15, 2015 - Spanish energy company Repsol said it would sell $7.1 billion in non-core assets through the end of the decade as part of a strategy it says offers flexibility.
Oil and Gas
Development of giant Norwegian oil field evolving
Stavanger, Norway (UPI) Oct 15, 2015 - Statoil announced more contracts were rolling out for the Johan Sverdrup oil field offshore Norway ahead of the 2019 start of production.
Oil and Gas
Iran backs Indonesia as OPEC member
Tehran (UPI) Oct 15, 2015 - The Iranian government welcomes the eventual return of Indonesia to the Organization of Petroleum Exporting Countries, Iran's oil minister said.
Oil and Gas
Kurdish oil player buoyed by payments
London (UPI) Oct 15, 2015 - British oil company Gulf Keystone Petroleum said it was reassured about operations in northern Iraq after receiving payments from the Kurdish government.
Bio Fuel
Light emitting diodes made from food and beverage waste
Salt Lake City UT (SPX) Oct 15, 2015 - Most Christmas lights, DVD players, televisions and flashlights have one thing in common: they're made with light emitting diodes (LEDs). LEDs are widely used for a variety of applications and have
Oil and Gas
Norwegian slump continues
Oslo, Norway (UPI) Oct 15, 2015 - The Norwegian government's statistics office said the total sale of all petroleum products from the country declined in September.
Energy Tech
Saft and Boeing renew satellite battery agreement
Paris, France (SPX) Oct 15, 2015 - Saft has been awarded a Long Term Agreement (LTA) with The Boeing Company (Boeing) to supply lithium-ion (Li-ion) batteries for its telecommunication satellites. The five-year agreement, execu
Oil and Gas
Sanchez completes Texas shale divestment
Houston (UPI) Oct 15, 2015 - U.S. shale company Sanchez Energy said it closed on the sale of midstream assets located in the western section of the Eagle Ford basin in southern Texas.
Oil and Gas
US closes book on Exxon Valdez litigation
Washington (AFP) Oct 15, 2015 - The United States said Thursday it has ended all litigation stemming from the Exxon Valdez oil spill, closing the books on a 25-year legal saga over one of the 20th century's worst environmental disasters.
Energy Tech
With this new universal wireless charger, compatibility won’t be an issue
San Diego CA (SPX) Oct 15, 2015 - A wireless charger that's compatible with different consumer electronics from different brands is one step closer to becoming a reality thanks to research by electrical engineers at the University o
Oil and Gas
E.ON leaves upstream North Sea
Dusseldorf, Germany (UPI) Oct 14, 2015 - Germany energy company E.ON sold its entire North Sea exploration division to a company controlled by Russian billionaire Mikhail Fridman.
Oil and Gas
Inflationary pressures drag on oil
New York (UPI) Oct 14, 2015 - Further evidence of cooling in the Chinese economy Wednesday put downward pressure on crude oil prices, struggling to make gains after last week's rally.
Oil and Gas
Iran’s economy resilient, Rouhani says
Tehran (UPI) Oct 14, 2015 - Iranian President Hassan Rouhani said international efforts and sanctions pressures meant to drive the economy back into recession backfired.