Oil and Gas
Oil prices end brief weekly rally
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.
Oil and Gas
Scotland calls for North Sea reforms
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.
Oil and Gas
Spill reported in North Dakota
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.
Energy Tech
Aquion Energy to build microgrid battery system in Hawaii
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
Oil and Gas
LNG demand not materializing in Asia
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.
Energy Tech
Nanowire could keep people warm
Washington DC (SPX) Jan 08, 2015 - To stay warm when temperatures drop outside, we heat our indoor spaces - even when no one is in them. But scientists have now developed a novel nanowire coating for clothes that can both generate he
Oil and Gas
New method shows oil not polluting Athabasca Delta
Waterloo, Canada (SPX) Jan 08, 2015 - A new study into the pre-industrial baseline levels of heavy metals in sediment carried by the Athabasca River shows that emissions from the Alberta oil sands and other human activities have not yet
Oil and Gas
Oil markets holding steady on mixed economic news
New York (UPI) Jan 8, 2015 - More mixed news on the economic front left oil markets in flux as U.S. and European metrics produced Thursday show uneven growth in the global arena.
Oil and Gas
Oil price slump hits Canadian producer
Calgary, Alberta (UPI) Jan 8, 2015 - Canadian energy company ARC Resources Ltd. said it plans to sell more than 15 million shares to raise capital to fund operations in the slumping oil market.
Oil and Gas
Top Five Factors Affecting Oil Prices In 2015
Washington DC (SPX) Jan 08, 2015 - Top Five Factors Affecting Oil Prices In 2015 As we ring in the New Year, let's take stock of where we are at with the oil markets. 2014 proved to be a momentous one for the oil markets, having seen
Oil and Gas
Turkey remains keen on European gas
Ankara, Turkey (UPI) Jan 8, 2015 - Turkey's embrace of a Russian natural gas pipeline project doesn't mean Ankara has turned its back on the European energy sector, the energy minister said.
Oil and Gas
U.S. oil production holding steady
Washington (UPI) Jan 8, 2015 - U.S. crude oil production increased slightly for the week ending Jan. 2 despite a decline in rig activity and slumping prices, government data show.
Oil and Gas
World Bank sees oil prices shifting economic dynamics
Washington (UPI) Jan 8, 2015 - The low price of crude oil is expected to last in 2015, shifting incomes from exporting countries like Russia to importers, the World Bank Group said.
Oil and Gas
Canada jumps into Keystone XL fray
Edmonton, Alberta (UPI) Jan 7, 2015 - Alberta's premier said he was planning a trip to Washington to make the case that the Keystone XL oil pipeline is in the best interest of the region.
Oil and Gas
China to invest $20 bn in struggling Venezuela: Maduro
Caracas (AFP) Jan 7, 2015 - China has agreed to more than $20 billion in investments in economically struggling Venezuela, the South American nation's president Nicolas Maduro said Wednesday during a summit meeting in Beijing.
Oil and Gas
Energy Crisis As Early As 2016
Washington DC (SPX) Jan 07, 2015 - Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texa