Dallas (UPI) Jan 7, 2015 - It's not oil prices, but extreme winter weather that's impacting production and drilling operations in the Permian shale oil basin in Texas, an operator said.
Stockholm, Sweden (UPI) Jan 7, 2015 - With oil prices falling, Swedish energy company Lundin Petroleum said Wednesday it cut its 2015 spending plans by 31 percent from last year.
Bismarck, N.D. (UPI) Jan 7, 2015 - If low oil prices threaten North Dakota spending plans, the state's governor said he had confidence lawmakers would take measured steps to cope.
New York (UPI) Jan 7, 2015 - Mixed news on the economic and oil front Wednesday left markets in limbo, with key indices searching for traction after hitting historic lows.
London (UPI) Jan 7, 2015 - The economic climate in Ukraine is no longer conducive to continue investing in shale natural gas opportunities, producer JKX Oil & Gas said Wednesday.
London (AFP) Jan 7, 2015 - Royal Dutch Shell is to pay more than $80 million to a Nigerian fishing community devastated by two serious oil spills in 2008, it was announced Wednesday, while the clean-up could take years.
London (AFP) Jan 7, 2015 - Royal Dutch Shell has agreed a multi-million-dollar settlement to compensate 15,600 Nigerian fishermen over two serious oil spills in 2008 after a three-year legal battle, both parties announced Wednesday.
Washington (UPI) Jan 6, 2015 - Oil prices should stay low as supplies offset most production shortfalls, meaning U.S. drivers can expect to pay less for gasoline through 2015, AAA said.
Washington (UPI) Jan 6, 2015 - A sign from the White House that bills meant to approve Keystone XL would be met with a veto is disappointing, the American Petroleum Institute said Tuesday.
San Ramon, Calif. (UPI) Jan 6, 2015 - U.S. energy company Chevron said its latest major oil discovery in the Gulf of Mexico anchors its position as a global leader in deep water activity.
San Francisco CA (SPX) Jan 06, 2015 - A new study links the March 2014 earthquakes in Poland Township, Ohio to hydraulic fracturing that activated a previously unknown fault. The induced seismic sequence included a rare felt earthquake
Leioa, Spain (SPX) Jan 06, 2015 - Zaloa Azkorra, an agricultural engineer of the UPV/EHU-University of the Basque Country, is conducting research at the University School of Mining and Public Works Engineering into the benefits prov
Washington (UPI) Jan 6, 2015 - With the Republican-led Congress taking its seat Tuesday, lawmakers say passing the Keystone XL oil pipeline is job No. 1 for the U.S. economy.
London (UPI) Jan 6, 2015 - Gulfsands Petroleum, a company exploring the emerging shale potential in Morocco, said Tuesday exploration results there were better than expected.
Daejeon, Korea (SPX) Jan 06, 2015 - The Center for Nanoparticle Research at the Institute for Basic Science (IBS) has succeeded in proposing a new method to enhance fuel cell efficiency with the simultaneous removal of toxic heavy met
Houston (UPI) Jan 6, 2015 - The number of rigs actively exploring for or producing hydrocarbons in North America declined more than three percent, oil services company Baker Hughes said.
