
Crude oil prices rally on expected output cuts
Expectations that U.S. crude oil production will continue to decline gave a lift to oil prices in early Tuesday trading despite lingering market pessimism. ... more
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Shell halts controversial search for Alaskan oil
Royal Dutch Shell said Monday it was halting its search for oil off the Alaskan coast, with environmentalists claiming a huge victory in their battle to protect local wildlife. ... more
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NASA and DOE plan fission power plant on Moon by 2030
Berkeley Scientists set to home in on 100 signals from Seti at Home
Firefly prepares Alpha Block II upgrade for Flight 8
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Shell scraps controversial oil exploration in Alaska
Anglo-Dutch energy giant Royal Dutch Shell said Monday it had scrapped its controversial offshore exploration in Alaska after failing to find sufficient quantities of oil and gas. ... more
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Report: British North Sea won't rebound until 2017
The British oil and gas sector is in a short-term decline with no chance of recovery for at least two years, an industry planner told the Financial Times. ... more
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Italy primed for return to Iran's energy sector
Iranian President Hassan Rouhani said the conditions are right for Italian energy companies to start working in the country in the post-sanctions era. ... more
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BG Group places bet on offshore Canada
British energy company BG Group said it was placing a bet on offshore Canada by acquiring positions from Spanish rival Repsol. ... more
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Oil prices drop after China industrial profits sink
Oil prices dropped on Monday in the wake of a sharp fall in industrial profits in China, the latest sign of weakness in the world's largest energy consumer. ... more
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