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.
New York (UPI) Jan 6, 2015 - Word that OPEC kingpin Saudi Arabia would defend its economic interests sent an already battered oil market into a tailspin during the Tuesday session.
Caracas (AFP) Jan 6, 2015 - Sliding oil prices have sent Venezuela on a downward spiral - and sent President Nicolas Maduro on a trip to China to make an urgent appeal for cash.
Milan, Italy (UPI) Jan 5, 2015 - Italian energy company Eni and its partners at Rockhopper Exploration said Monday they were among the first to win licenses for work off the coast of Croatia.
Houston (UPI) Jan 5, 2015 - Merger and acquisition activity in the global energy sector rose 23 percent from 2013 despite investment declines, analysis Monday from IHS finds.
Tehran (UPI) Jan 5, 2015 - An Iranian government spokesman said he expected the share of oil revenue designated in next year's budget to be down by about 30 percent.
