
OPEC says energy demand to soar 60% by 2040
Global energy demand will increase by 60 percent by 2040 compared to 2010 levels, OPEC said Thursday, with greenhouse-gas-emitting fossil fuels remaining by far humanity's main source of power. ... more
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U.S. rig activity up 10 percent year-on-year
The number of rigs actively exploring for or developing oil or natural gas in the United States is up 10 percent from last year, Baker Hughes said Friday. ... more
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Western researchers support international collaboration for planetary defence
NASA says on track to send astronauts around the Moon in 2026
Space: Framatome and ENEA sign MoU to explore advanced technological solutions for designing lunar nuclear fission reactors
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BP awards $40 million Shah Deniz gas contract
Energy services company Emerson Process Management said it secured a $40 million contract from BP to help develop the Shah Deniz gas field offshore Azerbaijan. ... more
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IEA: Asia missing out on LNG opportunities
Asia needs market reforms to capitalize on the "golden opportunity" represented by liquefied natural gas, the International Energy Agency said Thursday. ... more
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Syrian army retakes Shaer gas field from IS: state TV
Syrian troops backed by pro-regime militiamen recaptured the Shaer gas field in central Homs Thursday, state television reported, a week after Islamic State group jihadists overran parts of it. ... more
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IHS: Islamic State financing war campaign with oil
Oil is fueling the war chest for the group calling itself the Islamic State by more than $2 million per day, a study from consultant group IHS said. ... more
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Iranian economy tied too hard to oil, commissioner says
The Iranian government should work to take oil revenue out of its total budget to protect the economy from market dynamics, a commissioner said Tuesday. ... more
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