Brussels (UPI) May 5, 2015 - A diverse source of energy, from Caspian to potential North American sources, is needed for European security, the EU's energy commissioner said Tuesday.
New York (UPI) May 5, 2015 - A report of better-than-expected growth in the European economy sent crude oil prices to new 2015 levels, with key indices up more than 2 percent Tuesday.
Milan, Italy (UPI) May 5, 2015 - Italian energy company Eni announced Tuesday it was ahead of the curve with what its partners described as a breakthrough operation offshore Angola.
Shanghai (AFP) May 5, 2015 - China has replaced the heads of its three biggest energy companies, the firms said in separate statements, as speculation mounts over reforms to the oil industry.
Dickinson, N.D. (UPI) May 5, 2015 - A new refinery in North Dakota, the first of its kind in the country in nearly 40 years, will help drive the state's economy forward, MDU Resources said.
Washington DC (SPX) May 05, 2015 - Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slu
Missoula MT (SPX) May 05, 2015 - Improved drilling technologies and energy demand have resulted in the large-scale expansion of oil and gas development, with 50,000 new wells drilled per year recently in central North America. Loca
London, UK (SPX) May 05, 2015 - Tesla's announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individua
Houston (UPI) May 5, 2015 - Though net profits and spending are down, companies working in U.S. shale basins are finding well costs going down while production forecasts grow.
London, UK (SPX) May 05, 2015 - Outside of individual's holding oil stocks, damage to the economy from the fall in oil has been pretty minimal so far. Indeed, the price cut in home heating oil and gasoline has probably outweighed
Houston (UPI) May 4, 2015 - One of the largest rig services companies in the world, Diamond Offshore Drilling, said Monday it lost $256 million during the first quarter of the year.
New York (UPI) May 4, 2015 - A running of the bulls in the Chinese stock market pushed oil prices into positive territory Monday, with major indices up nearly a full percent.
Brussels (UPI) May 4, 2015 - Efforts to diversify the European energy sector should reach beyond its borders to countries like Norway and Turkmenistan, a European gas official said Monday.
Tehran (UPI) May 4, 2015 - Delegates from the U.S. oil industry are expected in Tehran to explore the possibility of conducting business there, Iran's deputy oil minister said Monday.
Brussels (UPI) May 4, 2015 - A recent article in the New York Times written by the Iranian foreign minister, Mohammad Javad Zarif, was breathtaking in its hypocrisy.
Bismarck, N.D. (UPI) May 4, 2015 - Oklahoma has 20 percent more rigs in active service than North Dakota as shale activity in the United States evolves, state data show.
