Oil and Gas
Coming soon: $2 per gallon gas
Washington (UPI) Sep 22, 2015 - Continued weakness in crude oil markets and lower seasonal demand should keep U.S. consumer gasoline prices lower, industry forecasts said.
Oil and Gas
Crude oil prices lower after Monday gains
New York (UPI) Sep 22, 2015 - Continued government spending on fossil fuels added to fears of oversupply, pushing crude oil prices deep into negative territory in early Tuesday trading.
Oil and Gas
Fitch Ratings: Russian gas pipeline faces obstacles
Moscow (UPI) Sep 22, 2015 - Funding and market challenges could get in the way of further progress in Russian plans to add on to an existing European gas pipeline, Fitch Ratings says.
Oil and Gas
Greening the electric grid with gas turbines
Boston MA (SPX) Sep 22, 2015 - Much of the nation's energy policy is premised on the assumption that clean renewable sources like wind and solar will require huge quantities of storage before they can make a significant dent in t
Oil and Gas
Low oil prices help slowing India
Manila (UPI) Sep 22, 2015 - The low price of crude oil is a silver lining in an otherwise downbeat forecast for growth in the Indian economy, the Asian Development Bank said.
Energy Tech
Notre Dame to do away with coal
Norte Dame, Ind. (UPI) Sep 22, 2015 - With Pope Francis headed to the United States, one of the nation's largest Catholic universities, Notre Dame, said it was moving away from coal.
Oil and Gas
Offshore Africa could add more rigs
Washington (UPI) Sep 22, 2015 - Much of the growth in offshore exploration and production is expected from Nigeria and Angola, a report from the U.S. federal government said.
Oil and Gas
This Is What Needs To Happen For Oil Prices To Stabilize
London, UK (SPX) Sep 22, 2015 - On September 10th the EIA reported a production decline in the Lower 48-essentially shale production-of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimate
Energy News
US cities ranked on impact of urban heat islands on temps
Athens GA (SPX) Sep 22, 2015 - Inner cities as well as suburbs show distinctly warmer temperatures - known as the urban heat island effect - than rural areas as a result of land use and human activities, which can affect rainfall
Oil and Gas
ENGIE investing in Chinese market
Beijing (UPI) Sep 21, 2015 - French energy company ENGIE said it was building on its new strategy for an expanded footprint by shoring up its position in the Chinese market.
Oil and Gas
New European gas pipeline closer to launch
Baar, Switzerland (UPI) Sep 21, 2015 - An invitation for bids for data control mechanisms on the planned Trans-Adriatic gas pipeline puts it one step closer to completion, developers said.
Oil and Gas
Nigeria gets financial lift from Chevron
London (UPI) Sep 21, 2015 - Nigeria's national oil company said it secured more than $1 billion in financing for onshore and offshore drilling operations from a Chevron subsidiary.
Oil and Gas
Report: Post-sanctions Iran still tricky
Bath, England (UPI) Sep 21, 2015 - Western investors looking to capitalize on easing sanctions pressure on Iran's energy sector should exercise a degree of caution, analysis finds.
Oil and Gas
U.S. oil sector downturn lifts crude oil prices
New York (UPI) Sep 21, 2015 - Industry signs that weak economics may be throttling some developments in the U.S. energy sector lifted crude oil prices in early Monday trading.
Energy Tech
Designing switchable electric and magnetic order for low-energy computing
Liverpool UK (SPX) Sep 18, 2015 - Scientists at the University of Liverpool have developed a new material that combines both electrical and magnetic order at room temperature, using a design approach which may enable the development
Oil and Gas
House move on oil exports moot, White House says
Washington (UPI) Sep 18, 2015 - Congressional moves to repeal a crude oil exports ban are irrelevant because those decisions rest with the Commerce Department, the White House said.