Shanghai (AFP) March 17, 2015 - A top executive of China National Petroleum Corp, the country's biggest energy company, has been put under investigation, authorities said as the Communist Party's anti-corruption drive targets more state firms.
Tehran (UPI) Mar 17, 2015 - The Iranian economy grew by 3.6 percent during the nine-month period that began in March 2014 despite Western sanctions, the Central Bank of Iran said.
Tehran (AFP) March 17, 2015 - Western sanctions over Iran's nuclear programme cannot prevent it from growing, President Hassan Rouhani said Tuesday as he inaugurated part of the giant South Pars gas field in the Gulf.
Washington (UPI) Mar 17, 2015 - Statements made by BP about the state of the U.S. Gulf Coast environment after the Deepwater Horizon incident are off the mark, the federal government said.
Ottawa (AFP) March 17, 2015 - Nexen Energy announced Tuesday it is laying off 400 workers, or 12 percent of its workforce, in North America and Britain in response to the drop in oil prices.
Washington (UPI) Mar 17, 2015 - Oil prices continued to slide Tuesday as global supply remains high, sending West Texas Intermediate to a new six-year low and and pushing Brent back down from recent gains.
London (UPI) Mar 17, 2015 - The Nigerian political machine poses a significant risk to the vitality of the nation's oil sector as investment uncertainty lingers, a report finds.
Riyadh, Saudi Arabia (UPI) Mar 17, 2015 - U.S. consular services in Saudi Arabia remain closed five days after a threat surfaced against Western oil workers in the country, the U.S. embassy said.
Washington (UPI) Mar 17, 2015 - More than $1.5 million in federal funding is available for research and development of bigger wind turbine blades, the U.S. Department of Energy announced.
Sharm El-Sheik, Egypt (UPI) Mar 16, 2015 - Italian energy company Eni said it signed a framework agreement to develop Egyptian oil and gas reserves that calls for as much as $5 billion in investments.
Zamudio, Spain (SPX) Mar 16, 2015 - Gamesa and AREVA have announce that they have signed the definitive agreements and have closed the transaction for the creation of Adwen, a joint venture dedicated to offshore wind, having 700 emplo
Vienna (UPI) Mar 16, 2015 - As nuclear negotiations enter the home stretch, the Organization of Petroleum Exporting Countries said Iran's oil production is close to a historic high.
Bismarck, N.D. (UPI) Mar 16, 2015 - A creek in northwest North Dakota was blocked off to prevent runoff from an oil spill from a subsidiary of Occidental Petroleum, the health department said.
Krakow, Poland (SPX) Mar 16, 2015 - The 18th AFM Annual Conference dedicated to futures and commodity markets will take place on 23 - 24 April in Krakow. The event is organised by AFM (the Association of Futures Markets), an organisat
Stavanger, Norway (UPI) Mar 16, 2015 - Norwegian energy company Statoil said Monday it signed a $130 million contract to help develop the giant offshore Johan Sverdrup reserve field in the North Sea.
Edinburgh, Scotland (UPI) Mar 16, 2015 - The Scottish government is calling for a fundamental overhaul in the way oil and natural gas is taxed, the country's deputy first minister said.
