Oil and Gas
U.S. oil production to decline
Washington (UPI) Oct 7, 2015 - Weak economics in the energy sector may lead to a general decline in total U.S. crude oil production, a short-term federal market report finds.
Oil and Gas
U.S. slowdown lifts oil prices
New York (UPI) Oct 7, 2015 - Crude oil prices continued a strong forward push Wednesday amid gathering signs the weak market is hurting the trajectory in U.S. shale oil basins.
Oil and Gas
Wood Group lands contract in Kazakhstan
Edinburgh, Scotland (UPI) Oct 7, 2015 - Scottish oil field services company Wood Group said it secured a contract to help increase storage capacity at an oil field in Kazakhstan.
Oil and Gas
Canadian Oil Sands mulls takeover offer
Calgary, Alberta (UPI) Oct 6, 2015 - The unsolicited bid put on the table by Suncor Energy is far below what represents a fair value, a main shareholder at target Canadian Oil Sands said.
Oil and Gas
Canadians cozy with Americans despite pipeline woes: polling
Ottawa (AFP) Oct 6, 2015 - An exhausting seven-year wait for US President Barack Obama to approve, or not, a controversial North American pipeline has not soured Canadians' view of their southern neighbors, a study said Tuesday.
Oil and Gas
Gazprom: Nord Stream II not a new project
St. Petersburg, Russia (UPI) Oct 6, 2015 - Parties to the twin Nord Stream pipeline through the Baltic Sea are covered for plans to expand the existing infrastructure, Russia's Gazprom said.
Oil and Gas
NYT: Oil export push well-funded machine
Washington (UPI) Oct 6, 2015 - The push to ease the ban on U.S. crude oil exports is a well-funded effort akin to a presidential campaign in terms of its political machinery, a report finds.
Energy Tech
Nobel laureate hopes work could pave way to fusion power
Ottawa (AFP) Oct 6, 2015 - Canadian Arthur McDonald, who shared the Nobel Physics Prize with Takaaki Kajita of Japan, said Tuesday he hoped their work on neutrinos could pave the way to nuclear fusion power.
Oil and Gas
Prices at U.S. pumps hold steady
Washington (UPI) Oct 6, 2015 - Regional refinery issues in the United States means average gas price trends are flirting with a historical move upward, market analysis finds.
Oil and Gas
Rating for Chesapeake Energy lowered
New York (UPI) Oct 6, 2015 - The credit rating for U.S. shale player Chesapeake Energy was downgraded because of cash flow problems in the weak market, Moody's said.
Oil and Gas
Recovery sentiment lifts oil prices
New York (UPI) Oct 6, 2015 - European support for Greek economic recovery and industry sentiments of upward momentum helped lift crude oil prices in early Tuesday trading.
Oil and Gas
Wood Group names new CEO
Aberdeen, Scotland (UPI) Oct 6, 2015 - Scottish oil field services company Wood Group said naming board member Robin Watson as its new chief executive officer is part of a natural evolution.
Energy Tech
A micro-supercapacitor with unmatched energy storage performance
Varennes, Canada (SPX) Oct 05, 2015 - A micro-supercapacitor made using a new electrode reached an energy density 1,000 times greater than existing electrochemical capacitors. With such a performance, comparable to current Li-ion micro-
Oil and Gas
BP to pay record $20.8 bln over Gulf of Mexico oil spill: US
Chicago (AFP) Oct 5, 2015 - British energy giant BP will pay a record $20.8 billion to settle government claims for damages stemming from the deadly 2010 Gulf of Mexico oil spill, US Attorney General Loretta Lynch said Monday.
Bio Fuel
Barley straw shows potential as transport biofuel raw material
Joensuu, Finland (SPX) Oct 05, 2015 - The hemicellulose sugars of barley straw can be effectively fermented into biobutanol, when starch is added during the pre-treatment or fermentation process, shows a new University of Eastern Finlan
Energy Tech
Hydrogen for all seasons
Munich, Germany (SPX) Oct 05, 2015 - Chemists from Ludwig-Maximilians-Universitaet (LMU) in Munich have developed novel porous materials called covalent organic frameworks, which provide a basis for the design of polymeric photocatal