Oil and Gas
Baker Hughes stumbles
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.
Oil and Gas
Bolivia to explore oil in seven of 22 protected areas
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.
Oil and Gas
Engie builds LNG portfolio in Asia
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.
Oil and Gas
Iran working to renew gas pipeline interest
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.
Oil and Gas
Oil prices holding steady, though down since July
New York (UPI) Jul 21, 2015 - The price for West Texas Intermediate crude oil fought off $49 per barrel in early Tuesday trading despite a string of pessimistic statements from U.S. players.
Oil and Gas
Report: Cuba may get oil help from Angola
Havana (UPI) Jul 21, 2015 - Cuba expects to kick start its deepwater oil exploration activity with assistance from Angola's state-run energy company Sonangol, a Cuban official said.
Wind Daily
Siting wind farms more quickly, cheaply
Boston MA (SPX) Jul 21, 2015 - When a power company wants to build a new wind farm, it generally hires a consultant to make wind speed measurements at the proposed site for eight to 12 months. Those measurements are correlated wi
Oil and Gas
Technip bags TAP management contract
Paris (UPI) Jul 21, 2015 - A consortium working to diversify the European energy sector with Azeri natural gas said it picked French contractor Technip to help steer the project forward.
Oil and Gas
Eni finds more natural gas in Egypt
Milan, Italy (UPI) Jul 20, 2015 - Italian energy company Eni said Monday it made what it considers to be an important discovery of natural gas in the Egyptian Nile Delta.
Oil and Gas
New family of chemical structures can effectively remove CO2 from gas mixtures
Stockholm, Sweden (SPX) Jul 20, 2015 - A newly discovered family of chemical structures, published in Nature, could increase the value of biogas and natural gas that contains carbon dioxide. The new chemical structures, known as zeolites
Oil and Gas
No change in North Dakota rig deployments
Bismarck, N.D. (UPI) Jul 20, 2015 - North Dakota oil activity is leveling out during an era of lower oil prices with activity in the exploration and production sector holding steady, data show.
Oil and Gas
Oil prices continue steady drift lower
New York (UPI) Jul 20, 2015 - Ongoing anticipation over the return of Iranian oil, and emerging stability in the U.S. oil sector, pushed crude oil prices slightly lower in Monday trading.
Energy News
Tradable Energy Quotas offer fair and effective route to low carbon society
Plymouth, UK (SPX) Jul 20, 2015 - To achieve public support for a transformation to a low carbon society, politicians would be advised to implement a quantity-based energy quota system, with a fixed and decreasing cap on total use,
Oil and Gas
TransCanada boasts of benefits of North American pipelines
Calgary, Alberta (UPI) Jul 20, 2015 - The shipment of the 1 billionth barrel of oil through the Keystone oil pipeline system shows commitment to U.S. energy security, TransCanada said.
Oil and Gas
Iran deal a mixed economic win for Russia: analysts
Moscow (AFP) July 19, 2015 - The landmark deal on Iran's nuclear programme that Russia helped steer through marathon talks is a diplomatic fillip for Moscow which will boost trade with Tehran but could also hit much-needed energy revenues, analysts said.
Oil and Gas
Return of Iranian oil may cause more OPEC tensions
London (AFP) July 19, 2015 - The return of oil from Iran following the landmark nuclear energy deal with world powers could create fresh tensions within OPEC but may reinforce the cartel's output strategy, analysts say.