Oil and Gas
French company grabs Russian LNG
Paris (UPI) Jun 3, 2015 - French energy company Engie said its sales and purchase agreement with its Russian counterparts will address global needs for liquefied natural gas.
Oil and Gas
Iran says end of sanctions could lift oil output by 1.0 mn bpd
Vienna (AFP) June 3, 2015 - Iran's oil production could be lifted by one million barrels per day (bpd) within half a year of Western sanctions being lifted, Oil Minister Bijan Zanganeh forecast Wednesday.
Oil and Gas
Report: LNG could challenge oil as transport fuel
Paris (UPI) Jun 3, 2015 - China may take the lead, along with the trucking sector, in the transport shift from oil to natural gas and liquefied natural gas, a report from IHS finds.
Oil and Gas
AAA expects a summer for road trips
Washington (UPI) Jun 2, 2015 - U.S. gasoline prices are on a steady climb, though they may be peaking as refineries complete seasonal turnover work, motor club AAA reports.
Energy Tech
Giant structures called plasmoids could simplify the design of future tokamaks
Plainsboro NJ (SPX) Jun 02, 2015 - Researchers at the U.S. Department of Energy's Princeton Plasma Physics Laboratory (PPPL) have for the first time simulated the formation of structures called plasmoids during Coaxial Helicity Inj
Oil and Gas
IHS: Arab defense spending influenced little by oil
London (UPI) Jun 2, 2015 - Despite the heavy influence oil revenue plays for some Middle East countries, spending on defense remains positive, a review from IHS Inc. finds.
Energy News
Japan PM to pledge 26% greenhouse gas cut
Tokyo (AFP) June 2, 2015 - Japanese Prime Minister Shinzo Abe said Tuesday he would pledge a 26 percent cut in the country's greenhouse gas emissions, ahead of a global summit on climate change this year.
Energy Tech
Linking superconductivity and structure
Washington DC (SPX) Jun 02, 2015 - Superconductivity is a rare physical state in which matter is able to conduct electricity--maintain a flow of electrons--without any resistance. It can only be found in certain materials, and even t
Energy Tech
New ‘designer carbon’ from Stanford boosts battery performance
Stanford CA (SPX) Jun 02, 2015 - Stanford University scientists have created a new carbon material that significantly boosts the performance of energy-storage technologies. Their results are featured on the cover of the journal ACS
Energy Tech
OSU researchers prove magnetism can control heat, sound
Columbus OH (SPX) Jun 02, 2015 - Phonons--the elemental particles that transmit both heat and sound--have magnetic properties, according to a landmark study supported by Ohio Supercomputer Center (OSC) services and recently publish
Oil and Gas
Oil up on positive demand sentiment
New York (UPI) Jun 2, 2015 - Expectations of growth in global oil demand helped crude oil prices recover from Monday's slump, with the U.S. benchmark again moving above $60 per barrel.
Oil and Gas
Pioneer sells Texas shale operations for $2.15 billion
Houston (UPI) Jun 2, 2015 - The $2.15 billion sale of Eagle Ford shale interests in Texas is a chance to shift to the oil-rich Permian basin in the state, Pioneer Natural Resources said.
Oil and Gas
New low rig count in North Dakota
Bismarck, N.D. (UPI) Jun 1, 2015 - The number of rigs actively exploring for or producing oil and gas in North Dakota hit a new low Monday at 80, state data show.
Oil and Gas
Oil animals collected from California beaches
Santa Barbara, Calif. (UPI) Jun 1, 2015 - Days after a warning from activists on the Gulf of Mexico, Plains All American says it continues collecting oiled animals and soil from California beaches.
Oil and Gas
Oil starts June on a down note
New York (UPI) Jun 1, 2015 - Oil prices started June on a down note as analysts wait and see whether members of OPEC will announce plans to cut back on production.
Oil and Gas
Oklahoma next to ban drilling bans
Oklahoma City (UPI) Jun 1, 2015 - Oklahoma's governor said a patchwork approach to oil and gas regulation wasn't in the state's interest, reaffirming a state entity as the sole overseer.