
Iran out billions of dollars in oil revenue
Tehran (UPI) Jan 12, 2015 - A decline in oil exports, largely because of Western economic sanctions, has cost the Iranian economy more than $100 billion, a senior official said.
Editorial Team
The Energy Daily Editorial Team produces Energy Daily's coverage of the global energy industry. We report on oil and gas, power grids and utilities, energy markets and policy, and the renewables and storage reshaping how the world is powered. Articles reflect our team's collective editorial process, source verification, drafting, technical review, and editing, rather than a single writer's work. Energy Daily takes editorial responsibility for content under this byline. For more on how we work, see our editorial policy.

Tehran (UPI) Jan 12, 2015 - A decline in oil exports, largely because of Western economic sanctions, has cost the Iranian economy more than $100 billion, a senior official said.
Jan 12, 2015

London (UPI) Jan 12, 2015 - Low oil prices are a growing cause for concern in the exploration and production sector of the North Sea, analysis published Monday by Wood Mackenzie finds.
Jan 12, 2015

New York (UPI) Jan 12, 2015 - Dim prospects for oil prices pushed key indices into negative territory Monday, with Brent and WTI both off more than 3 percent from the previous session.
Jan 12, 2015

Sharjah, United Arab Emirates (UPI) Jan 12, 2015 - Emirati rig builder Lamprell said Monday it expects the weak market for crude oil will impact its ability to land new contracts in 2015.
Jan 12, 2015

Moscow (UPI) Jan 12, 2015 - Russian Prime Minister Dmitry Medvedev said Monday all government hands were called upon to help an economy damaged by low oil prices and sanctions.
Jan 12, 2015

Algiers (AFP) Jan 11, 2015 - Algeria's state-owned energy giant Sonatrach plans to invest at least $70 billion over the next 20 years to exploit shale gas in the southern desert, its managing director said on Sunday.
Jan 11, 2015

Upton NY (SPX) Jan 11, 2015 - In a promising lithium-based battery, the formation of a highly conductive silver matrix transforms a material otherwise plagued by low conductivity. To optimize these multi-metallic batteries--and
Jan 11, 2015

Houston (UPI) Jan 9, 2015 - Well activity onshore in the United States during the fourth quarter of 2014 was up 5 percent year-on-year, despite low oil prices, Baker Hughes said Friday.
Jan 9, 2015

Washington (UPI) Jan 9, 2015 - The U.S. Defense Advanced Research Projects Agency has started a program to develop new materials to convert one form of energy into another.
Jan 9, 2015

Washington (UPI) Jan 9, 2015 - Republican leaders in the House of Representatives say the federal government needs to pick up the pace with reviewing permits for natural gas pipelines.
Jan 9, 2015

Omaha (UPI) Jan 9, 2015 - In a mixed decision, the Nebraska Supreme Court ruled Friday the legal premise used to sanction the route for Keystone XL was permissible.
Jan 9, 2015

New York (UPI) Jan 9, 2015 - Oil prices retreated Friday as the Labor Department said job growth in December showed momentum, though wages weren't able to follow suit.
Jan 9, 2015

Edinburgh, Scotland (UPI) Jan 9, 2015 - The Scottish government wants reforms in the tax regime of the North Sea oil and gas sector to ensure long-term sustainability, the energy minister said.
Jan 9, 2015

Bismarck, N.D. (UPI) Jan 9, 2015 - The North Dakota government said there's been a release of material used to produce oil and gas into a creek in the heart of the country's oil developments.
Jan 9, 2015

Pittsburgh PA (SPX) Jan 08, 2015 - Aquion Energy has announced that it has signed an agreement to supply a 1 megawatt-hour (MWh) battery system as part of an off-grid solar microgrid at Bakken Hale on the Island of Hawaii. Bakken Hal
Jan 8, 2015

Singapore (UPI) Jan 8, 2015 - Demand for liquefied natural gas in the Asian market hasn't materialized as expected, analysis published Thursday by Wood Mackenzie finds.
Jan 8, 2015