Oil and Gas
Oil prices drift further into the red for the week
New York (UPI) Jun 4, 2015 - Crude oil prices drifted further into negative territory Thursday amid continued signs of sluggish sector and general economic growth.
Oil and Gas
PHMSA: California oil pipeline corroded
Washington (UPI) Jun 4, 2015 - Federal regulators examining last month's oil spill off the California coast said the pipeline in question showed signs of extensive corrosion.
Oil and Gas
Statoil: Low-carbon ambitions not enough
Stavanger, Norway (UPI) Jun 4, 2015 - It's incumbent on the oil and gas industry to join the effort to cut emissions as the business-as-usual model is destined to fail, Norwegian major Statoil said.
Oil and Gas
Texas oil and gas outlook negative
Dallas (UPI) Jun 4, 2015 - The outlook in the Texas oil and gas sector remains negative as most companies expect low capital spending in 2016, the Dallas Federal Reserve said.
Energy Tech
Trees are source for high-capacity, soft and elastic batteries
Stockholm, Sweden (SPX) Jun 04, 2015 - A method for making elastic high-capacity batteries from wood pulp was unveiled by researchers in Sweden and the US. Using nanocellulose broken down from tree fibres, a team from KTH Royal Institute
Oil and Gas
Woodside, Sempra mull Texas LNG project
Perth, Australia (UPI) Jun 4, 2015 - Australian energy company Woodside said Thursday it was in preliminary discussions to explore options for liquefied natural gas development in Texas.
Oil and Gas
Back off, Alaskan energy group tells Shell activists
Anchorage, Alaska (UPI) Jun 3, 2015 - With pressure building on Shell's port activity in Seattle, an Alaskan energy coalition said the state's economy won't be held hostage by external activists.
Oil and Gas
Canadian oil exports by rail fall
Calgary, Alberta (UPI) Jun 3, 2015 - Canadian crude oil exports by rail for the three months ending in March declined by more than 25 percent year-on-year, federal data show.
Oil and Gas
Crude oil prices tumbling
New York (UPI) Jun 3, 2015 - Hints from Wednesday's meeting of OPEC ministers in Vienna of a balanced market in the second half of the year sent crude oil prices tumbling in early trading.
Bio Fuel
Dutch ‘paddy power’ pulls electricity from rice fields
Wageningen, Netherlands (AFP) June 3, 2015 - Dutch scientists have developed a revolutionary system that could one day help isolated villages around the world steadily generate electricity from mundane water-logged plants such as rice growing in paddy fields.
Oil and Gas
Fire threat to oil abates in Alberta
Calgary, Alberta (UPI) Jun 3, 2015 - Staff members are returning to Alberta oil installations after emergency service officials cleared the area of major wildfire threats, Cenovus Energy said.
Oil and Gas
Former PHMSA chief questions need for Keystone XL
Houston (UPI) Jun 3, 2015 - U.S. crude oil production may be at a point where the planned Keystone XL oil pipeline from Canada isn't needed, a former U.S. pipeline regulator said.
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.