Hong Kong (AFP) March 27, 2015 - Chinese state-owned energy giant CNOOC on Friday said profit climbed over six percent last year as it started a spate of new projects, despite taking a serious blow from falling oil prices.
Washington (UPI) Mar 27, 2015 - With reserves on tap in Latin America, two Florida congressmen introduced a bill that would force companies to pay for oil cleanup on U.S. soil.
Zug, Switzerland (UPI) Mar 27, 2015 - Rig services company Transocean is bracing itself for an uncertain and difficult road ahead in the offshore drilling market, its chief executive officer said.
New York (UPI) Mar 27, 2015 - Crude oil prices pulled back Friday from sharp gains triggered by conflict in Yemen as U.S. data show a decline in economic growth in the fourth quarter.
London (UPI) Mar 26, 2015 - The British government said Thursday total oil production was down by 3.6 percent and gas production was down more than 1 percent during the last few months.
Wellington, New Zealand (UPI) Mar 26, 2015 - The share of renewable energy on the grid in New Zealand is the highest it's been in close to 20 years, the country's energy minister said Thursday.
West Lafayette IN (SPX) Mar 26, 2015 - Researchers have shown how to convert waste packing peanuts into high-performance carbon electrodes for rechargeable lithium-ion batteries that outperform conventional graphite electrodes, represent
Shanghai (AFP) March 26, 2015 - Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged in the second half.
Brussels (UPI) Mar 26, 2015 - Along with the low price of oil, sanctions imposed on Russia in response to crises in Ukraine have struck a major blow to its economy, a European leader said.
Abuja, Nigeria (UPI) Mar 26, 2015 - The Nigerian subsidiary of Royal Dutch Shell said it made further progress in its divestment strategy by selling Niger Delta assets from $1.7 billion.
Washington (UPI) Mar 26, 2015 - For six years, a division of oil services company Schlumberger willfully violated U.S. sanctions against Iran and Sudan, the Justice Department said.
Vechta, Germany (SPX) Mar 26, 2015 - In January 2015, WELTEC BIOPOWER started building an anaerobic digestion plant in Loughgall, Northern Ireland. The customer and operator of the 500-kW plant is the vegetable producer Gilfresh Produc
Houston (UPI) Mar 26, 2015 - Spending on oil and gas exploration is dropping off as oil prices remain depressed, but the industry may respond by doing more with less, Wood Mackenzie finds.
New York (UPI) Mar 26, 2015 - Multilateral military operations in a collapsing Yemen injected a layer of risk to global oil markets, pushing crude oil prices up 2 percent Thursday.
Buenos Aires (AFP) March 25, 2015 - Argentina branded Britain's plans to beef up defenses in the Falklands a provocation and a pre-election stunt Wednesday.
Beijing (UPI) Mar 25, 2015 - Demand for Russian crude oil in the Chinese economy is expected to hold steady, despite economic faltering in both countries, a Chinese trader said Wednesday.
