Oil and Gas
OPEC: Iran has many projects on tap
Vienna (UPI) Sep 1, 2015 - Iran could mark its return to the global energy stage when, perhaps by the end of the year, it starts $185 billion worth of new projects, OPEC said.
Oil and Gas
Canada orders Alberta pipeline closures
Calgary, Alberta (UPI) Aug 31, 2015 - Canadian energy company Nexen said safety was its top priority after a provincial regulator ordered dozens of pipeline closed because of maintenance issues.
Oil and Gas
Economic jitters send oil prices lower
New York (UPI) Aug 31, 2015 - Weak inflationary sentiment for the energy sector in Europe and Chinese reactions to stock market declines pushed crude oil prices lower in Monday trading.
Oil and Gas
Gas sales give lift to Israel’s Delek Group
Tel Aviv, Israel (UPI) Aug 31, 2015 - After posting strong second results, the chief executive officer at Israeli energy company Delek said growth should continue through future investments.
Oil and Gas
London clears major North Sea gas investment
London (UPI) Aug 31, 2015 - Consent for the $4.5 billion development of the Culzean gas field in the North Sea shows the British government remains committed offshore, a minister said.
Energy Tech
Hybrid glasses could revolutionize gas storage
Cambridge, UK (SPX) Aug 31, 2015 - A new method of manufacturing glass could lead to the production of 'designer glasses' with applications in advanced photonics, whilst also facilitating industrial scale carbon capture and storage.
Oil and Gas
North Dakota rigs hold steady after rough week
Bismarck, N.D. (UPI) Aug 31, 2015 - After a volatile week for crude oil markets, state data Monday from North Dakota show rig activity, a barometer of energy sector health, remained steady.
Energy Tech
Researcher develops cheaper, better LED technology
Tallahassee FL (SPX) Aug 31, 2015 - A Florida State University engineering professor has developed a new highly efficient and low cost light emitting diode that could help spur more widespread adoption of the technology. It can
Wind Daily
Researchers find way for eagles and wind turbines to coexist
Waterloob, Canada (SPX) Aug 31, 2015 - Collisions with wind turbines kill about 100 golden eagles a year in some locations, but a new study that maps both potential wind-power sites and nesting patterns of the birds reveals sweet spots,
Oil and Gas
Russian oil company Rosneft reports second-quarter loss
Moscow (UPI) Aug 31, 2015 - Russian oil company Rosneft said profits for the second quarter were down because of market and currency volatility, but performance was better than expected.
Oil and Gas
Obama defends Shell Arctic drilling decision
Washington (AFP) Aug 29, 2015 - Two days before heading to Alaska to raise climate change awareness, US President Barack Obama on Saturday defended his controversial decision to allow Shell to drill in the Arctic's Chukchi Sea.
Oil and Gas
Iran: Low oil prices no production deterrent
Tehran (UPI) Aug 28, 2015 - Iran must ignore the lower price of crude oil and work to increase the rate of production to ensure its share of the market, the country's oil minister said.
Energy News
Kyrgyzstan hails ‘historic’ China-financed power line
Bishkek, Kyrgyzstan (AFP) Aug 28, 2015 - Ex-Soviet republic Kyrgyzstan on Friday inaugurated a Chinese-financed power line officials say will bring energy independence to the country, one of the many projects Beijing has sponsored in the region.
Oil and Gas
Texas oil production increased in June
Austin, Texas (UPI) Aug 28, 2015 - A Texas energy regulator said total crude oil production for June, the last full month for complete data, was up around 12 percent year-on-year.
Oil and Gas
Canada’s oil diversity may be paying off
Calgary, Alberta (UPI) Aug 27, 2015 - Canadian crude oil exports in the depressed energy market were down for conventional oil but up for heavier oil sands, national data show.
Oil and Gas
China energy giants’ H1 profits fall on low oil prices
Shanghai (AFP) Aug 27, 2015 - China's three biggest energy firms saw their first half net profits slump as low international oil prices and a weak global economy hit the bottom line, they said.