Oil and Gas
Texas oil production falls
Austin, Texas (UPI) May 28, 2015 - Total crude oil production in Texas in March dropped by close to 2 percent from the previous month, data from the state energy regulator show.
Energy Tech
Tiny grains of lithium dramatically improve performance of fusion plasma
Princeton NJ (SPX) May 28, 2015 - Scientists from General Atomics and the U.S. Department of Energy's (DOE) Princeton Plasma Physics Laboratory (PPPL) have discovered a phenomenon that helps them to improve fusion plasmas, a finding
Oil and Gas
U.S. labor numbers drag on oil
New York (UPI) May 28, 2015 - A poor showing for the U.S. labor market sent oil prices lower in early Thursday trading, with key indices off about a half percent from the previous session.
Oil and Gas
Johan Sverdrup delays hurt, Norway says
Oslo, Norway (UPI) May 27, 2015 - Delays in planning for the Johan Sverdrup field off the coast of Norway left the country short of its 10-year reserve growth objectives, the government said.
Oil and Gas
Oil markets hold fire ahead of data release
New York (UPI) May 27, 2015 - Crude oil markets stood pat before the opening bell in New York as traders waited Wednesday for key industry data on supply and demand.
Oil and Gas
Plains defends California pipeline infrastructure
Santa Barbara, Calif. (UPI) May 27, 2015 - Plains All American defended pipeline infrastructure in California after last week's spill, saying automatic shutoff valves were not the best safety option.
Oil and Gas
Texas economic outlook darkens
Dallas (UPI) May 27, 2015 - Sector data extending beyond oil and gas in Texas dropped to its lowest level in six years, an outlook report from the Dallas Federal Reserve found.
Oil and Gas
Total reaches production milestone in Angola
Paris (UPI) May 27, 2015 - With 2 billion barrels of cumulative production from an offshore block in Angola, French energy company Total said Wednesday it set the global gold standard.
Oil and Gas
Wildfires force third Canada bitumen mine to close
Ottawa (AFP) May 27, 2015 - Evacuation orders for thousands in Alberta were lifted Wednesday while a third oil company joined others in shuttering its facilities threatened by wildfires in the Canadian oil patch.
Oil and Gas
Wildfires threaten Alberta oil operations
Calgary, Alberta (UPI) May 27, 2015 - Canadian producer MEG Energy Corp. became the latest to evacuate non-essential staff from Alberta following the potential risk from forest fires.
Oil and Gas
Crude oil markets losing ground
New York (UPI) May 26, 2015 - Crude oil prices were down more than 1 percent early Tuesday on mixed economic news despite lingering geopolitical concerns in Asia and the Middle East.
Oil and Gas
Eni finds gas offshore Libya
Milan, Italy (UPI) May 26, 2015 - Italian energy company Eni announced Tuesday it made its second discovery of the year at an exploration prospect off the coast of Libya.
Oil and Gas
Iran denies military role in Iraqi oil fight
Moscow (UPI) May 26, 2015 - An Iranian deputy foreign minister denied allegations that Iranian forces were fighting in Iraq to regain control over the Beiji oil refinery.
Oil and Gas
Iran says it foiled US cyber attack on oil ministry
Tehran (AFP) May 26, 2015 - Iran said on Tuesday it had foiled a cyber-attack on the Islamic republic's oil ministry, and that those behind the hacking attempt were based in the United States.
Oil and Gas
Removal set for breached California oil pipeline
Santa Barbara, Calif. (UPI) May 26, 2015 - Pipeline company Plains All American said operations to remove the damaged section of a pipeline that spilled oil off the California coast could begin Tuesday.
Oil and Gas
Report: South Sudan’s fate hinges on oil
Juba, South Sudan (UPI) May 26, 2015 - The political unity holding South Sudan together may hinge on battles over oil-producing regions along the country's northern border, an analyst said.