Oil and Gas
Oil markets keep upward momentum
New York (UPI) Feb 9, 2015 - Oil prices extended their rally into the second week of February in response to an upbeat market assessment in OPEC's latest market report.
Oil and Gas
U.S. oil production down, OPEC says
Vienna (UPI) Feb 9, 2015 - Apart from Texas and North Dakota, oil production from the Lower 48 states is on the decline, OPEC said in its market report for February.
Oil and Gas
Kremlin: West declared economic war on Russia
Moscow (UPI) Feb 6, 2015 - Low credit ratings issued against a Russian economy crippled by low oil prices and sanctions are part of a Western economic war, a Kremlin official said Friday.
Oil and Gas
Light for British shale gas work turning green
London (UPI) Feb 6, 2015 - With federal permits in hand, British shale gas pioneer Cuadrilla Resources said Friday it was committed to a light environmental permit despite public uproar.
Oil and Gas
Norway’s Statoil hit by low oil prices
Stavanger, Norway (UPI) Feb 6, 2015 - Norwegian energy company Statoil said Friday fourth quarter earnings were affected by declining oil prices, though production forecasts were strong.
Oil and Gas
Oil, gas acreage in Gulf of Mexico up for auction
Washington (UPI) Feb 6, 2015 - More than 40 million acres in the U.S. Gulf of Mexico will go on the auction block in March for exploration and development, the U.S. government said.
Bio Fuel
Second Generation Biofuels Market is Expected to Reach $23.9 Billion
Portland OR (SPX) Feb 06, 2015 - According to a new report by Allied Market Research titled, Global Second Generation Biofuels - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020, the global second
Oil and Gas
Some Kurdish oil exports suspended
London (UPI) Feb 6, 2015 - Exports from the Kurdish north of Iraq through Turkey are suspended while payment negotiations continue, Gulf Keystone Petroleum said Friday.
Oil and Gas
Spending cuts drive rally for crude oil
New York (UPI) Feb 6, 2015 - Crude oil prices extended their rally Friday, posting some of the biggest two-week gains in recent trading as markets show signs of moving above a floor price.
Bio Fuel
Understanding air pollution from biomass burners used for heating
Washington DC (SPX) Feb 06, 2015 - As many places in the U.S. and Europe increasingly turn to biomass rather than fossil fuels for power and heat, scientists are focusing on what this trend might mean for air quality - and people's h
Energy Tech
A smart grid self-organized simply
Munich, Germany (SPX) Feb 05, 2015 - To improve the management of fluctuations in the electricity supplied by solar and wind installations, the electricity network needs to work more intelligently in the future. Electricity suppliers a
Oil and Gas
Alberta’s premier stumps for Keystone XL
Washington (UPI) Feb 5, 2015 - While clearly in the region's interests, the energy relationship between the United States and Canada is about more than Keystone XL, Alberta's premier said.
Energy News
Climate summit hosts press India on emissions
New Delhi (AFP) Feb 5, 2015 - The French hosts of a UN climate summit later this year insisted Thursday that combatting global warming would not undermine efforts to fight poverty as they lobbied for India's support in cutting emissions.
Oil and Gas
Crude oil markets resume rally
New York (UPI) Feb 5, 2015 - Oil prices rebounded from steep declines early in the trading day Thursday after the Shanghai Composite Index rose on word of Chinese stimulus.
Oil and Gas
Drilling company Maersk cuts staff
Copenhagen, Denmark (UPI) Feb 5, 2015 - It would be irresponsible not to react to the low oil price climate and keep staffing levels in place, Danish oilfield services company Maersk Drilling said.
Oil and Gas
Energy tops EU-U.S. trade agenda
Brussels (UPI) Feb 5, 2015 - Trade with the United States could remove obstacles inhibiting European efforts to break Russia's grip on the energy sector, a commissioner said Thursday.