Rio De Janeiro (AFP) April 1, 2015 - Share prices for Brazilian state-owned oil giant Petrobras soared Wednesday after it announced it had signed an agreement to obtain $3.5 billion in funding from the China Development Bank (CDB).
Moscow (UPI) Apr 1, 2015 - The health of the Russian economy depends in part on how well it can manage to thrive in an era of low oil prices and sanctions, a World Bank report said.
Copenhagen, Denmark (UPI) Apr 1, 2015 - Danish energy company Maersk Oil said it started production from a North Sea platform that should provide Denmark with new reserves for the next 30 years.
Washington (UPI) Apr 1, 2015 - Most of Cuba's petroleum demand is met by Venezuela and there is no commercial production from deep offshore reserves, the U.S. Geological Survey said.
Oslo, Norway (UPI) Mar 31, 2015 - Norwegian energy company DNO announced Tuesday it stopped work in Yemen because of the tense security situation in the country.
Princeton NJ (SPX) Mar 31, 2015 - A study published in the journal Science found that government biofuel policies rely on reductions in food consumption to generate greenhouse gas savings. Shrinking the amount of food that peo
Washington (UPI) Mar 31, 2015 - With the federal government vetting more drilling offshore Alaska, industry groups called on the federal government to open more areas up for exploration.
Naypyitaw, Myanmar (UPI) Mar 31, 2015 - Italian energy company Eni said Tuesday it's now among the largest operators in an emerging Myanmar after signing new production sharing contracts.
Washington (UPI) Mar 31, 2015 - The national average price for a gallon of regular unleaded gasoline in the United States is falling as refineries resume production, motor club AAA said.
New York (UPI) Mar 31, 2015 - Momentum at the Iranian nuclear negotiating table put additional pressure on crude oil prices for a second day, with Brent down more than 2 percent Tuesday.
Paris, France (SPX) Mar 31, 2015 - New research shows bacteria can use tiny magnetic particles to effectively create a 'natural battery.' According to work published in journal Science on 27 March, the bacteria can load electrons ont
New York (AFP) March 31, 2015 - Oil prices fell Tuesday as global powers and Iran raced to reach a deal on Tehran's nuclear program that could ease sanctions on the crude producer, adding to the global oversupply.
Austin, Texas (UPI) Mar 31, 2015 - Preliminary state data show crude oil production in Texas is on the rise, though drilling permits for February are down 45 percent year-on-year.
Washington (UPI) Mar 31, 2015 - The volume of crude oil transported by rail in the United States is greater than the volume in Canada by a factor of nearly 9-to-1, federal data show.
Los Alamos NM (SPX) Mar 31, 2015 - Taking our understanding of quantum matter to new levels, scientists at Los Alamos National Laboratory are exposing high-temperature superconductors to very high magnetic fields, changing the temper
Denver CO (SPX) Mar 30, 2015 - Water-borne algal blooms from farm fertilizer runoff can destroy aquatic life and clog rivers and lakes, but scientists will report today that they are working on a way to clean up these environment
