
Rig company Hercules posts heavy quarterly loss
Houston (UPI) Jul 23, 2015 - Low crude oil prices suggest activity in the exploration and production side of the energy sector will stay depressed, U.S. rig company Hercules Offshore said.
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Houston (UPI) Jul 23, 2015 - Low crude oil prices suggest activity in the exploration and production side of the energy sector will stay depressed, U.S. rig company Hercules Offshore said.
Jul 23, 2015

(UPI) Junau, Alaska (UPI) Jul 23, 2015 - Legal counsel for advocacy group Oceana said that, while pressure hasn't stopped Shell's slow march to arctic oil, feet can be still held to the fire.
Jul 23, 2015

Harare (AFP) July 23, 2015 - A Zimbabwean company on Thursday signed a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant, a move expected to ease power cuts in the country.
Jul 23, 2015

Tokyo (AFP) July 22, 2015 - China has put 16 drilling rigs close to its de facto maritime border with Japan, Tokyo said Wednesday, in the latest twist in a row over gas fields in waters disputed by the two countries.
Jul 22, 2015

Brussels (UPI) Jul 22, 2015 - The European Commission said Wednesday it agreed to extend financial assistance to Ukraine, a key energy transit country, to help with economic reforms.
Jul 22, 2015

Irvine CA (SPX) Jul 22, 2015 - The 11 percent decrease in climate change-causing carbon dioxide emissions in the U.S. between 2007 and 2013 was caused by the global financial recession - not the reduced use of coal, research from
Jul 22, 2015

Washington (UPI) Jul 22, 2015 - Sen. Lisa Murkowski, a vocal supporter of the oil industry, said selling oil from strategic national reserves to fund highway projects was bad policy.
Jul 22, 2015

New York (UPI) Jul 22, 2015 - Signs that oil markets are weighted on the supply side and lingering uncertainty about price trajectories send crude oil prices lower in Wednesday trading.
Jul 22, 2015

Stanford CA (SPX) Jul 22, 2015 - The United States now produces about as much crude oil as Saudi Arabia does, and enough natural gas to export in large quantities. That's thanks to hydraulic fracturing, a mining practice that invol
Jul 22, 2015

Madrid (UPI) Jul 22, 2015 - Spanish energy group Iberdrola said Wednesday its profits for the first six months of 2015 were up more than 7 percent from the same time last year.
Jul 22, 2015

Washington (UPI) Jul 22, 2015 - Companies sending oil from the Bakken shale reserve area by rail are reminded of their responsibility to give advance traffic notices, a federal regulator said.
Jul 22, 2015

Washington (UPI) Jul 21, 2015 - A stable national retail average price for a gallon of gasoline is masking volatility in some U.S. sectors brought on by refinery issues, motor club AAA said.
Jul 21, 2015

Houston (UPI) Jul 21, 2015 - Oil services company Baker Hughes said Tuesday it expected the weak market for crude oil to hurt all segments of business operations for the rest of the year.
Jul 21, 2015

La Paz (AFP) July 21, 2015 - Bolivia will explore for oil in seven of 22 protected reserves, the president said Tuesday, sparking outcry from opposition activists.
Jul 21, 2015

Paris (UPI) Jul 21, 2015 - French energy company Engie said Tuesday it was building its position in the liquefied natural gas market through a partnership with a Japanese power producer.
Jul 21, 2015

Tehran (UPI) Jul 21, 2015 - A project once dubbed the Peace Pipeline could see new life with Chinese and Indian investors working in a post-sanctions Iran, a Pakistani official said.
Jul 21, 2015