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  Washington (UPI) Jan 18, 2018 Pipeline company TransCanada said Thursday that commercial commitments for about 60 percent of the capacity for its Keystone XL pipeline is enough to proceed. The company said it concluded the open season for commercial commitments to fill the Keystone XL pipeline. With 500,000 barrels per day in firm commitments for the next 20 years, TransCanada said the proposed project was positioned to proceed. "Interest in the project remains strong and TransCanada will look to continue to secure a ... read more |
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Statoil to start new North Sea exploration effort in FebruaryWashington (UPI) Jan 18, 2018 After a record-setting auction for rights to mostly North Sea operations, the Norwegian government said Statoil now has approval for exploration in the area ... more 
Florida Democrat plays hardball on Trump's offshore drilling planWashington (UPI) Jan 18, 2018 A Florida senator at the heart of the push back on President Trump's offshore drilling plans said he was blocking federal appointments in a move for clarity. ... more 
BP called to overhaul oil fields in Iraq's Kirkuk provinceWashington (UPI) Jan 18, 2018 The oil fields in the northern Iraqi province of Kirkuk could be rehabilitated with the help of British energy company BP, the Iraqi government said Thursday. ... more 
China spots four oil slicks from sunken tankerBeijing (AFP) Jan 18, 2018 The spill from a sunken Iranian tanker off China's east coast has spawned four oil slicks as authorities prepared to send robots to the wreckage to assess the environmental damage. ... more |
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| Previous Issues | Jan 18 | Jan 17 | Jan 16 | Jan 15 | Jan 12 |
 
 
 
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Demand data offsets Chinese growth to push oil prices lowerWashington (UPI) Jan 18, 2018 Mixed results on oil and gasoline inventory in the United States pushed the price of oil lower early Thursday, despite economic gains from China ... more 
BHP Billiton continues U.S. shale exit plansWashington (UPI) Jan 18, 2018 Australian energy and mining giant BHP Billiton said Thursday it was on pace start selling off its U.S. shale assets during the first quarter of the year. ... more 
Michigan advocates lay out alternatives to controversial Line 5Washington (UPI) Jan 18, 2018 An advocacy group said it was advising Michigan leaders on how to close a pipeline system spanning the two peninsulas, but doing without it won't be easy. ... more 
U.S. losing renewable race to China, but winning in oilWashington (UPI) Jan 17, 2018 The United States is losing the renewable energy race to China, but will be the undisputed leader for oil and gas in the coming years, the head of the IEA said. ... more 
Oil prices drift lower on production response to 2018 rallyWashington (UPI) Jan 17, 2018 Oil prices were pulling back to even Wednesday after recent declines amid renewed threats for OPEC member Nigeria, but production trends are balancing the run. ... more 
With a risk premium for oil, the World Economic Forum worried by warWashington (UPI) Jan 17, 2018 With this year opening with a geopolitical risk premium for oil prices, a survey from the World Economic Forum said those frictions were a growing concern. ... more 
We're targeting an FPSO offshore Nigeria, militant group warnsWashington (UPI) Jan 17, 2018 The Niger Delta Avengers, a sporadic militant group in Nigeria, said Wednesday its next round of attacks targeting deep water operations will be bloody. ... more |
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 Norway speaks of record interest in offshore oil and gas 
China says Iranian oil tanker wreck locatedBeijing (AFP) Jan 17, 2018 The wreck of an Iranian oil tanker that collided with a cargo ship off China this month has been located, Beijing said Wednesday, but gave no new details about the environmental impact of the disaster. ... more 
Cheap gasoline in the winter isn't likely in 2018Washington (UPI) Jan 17, 2018 Demand strains and a steady surge higher for oil prices means a typical winter of lower U.S. retail gasoline prices isn't in store this year, analyses show. ... more 
Is shale gas the least sustainable method to produce electricityManchester UK (SPX) Jan 17, 2018 Shale gas is one of least sustainable options for producing electricity, according to new research from The University of Manchester. Taking into account a range of sustainability aspects and ... more |
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Russian effort to comply with OPEC based on market, not priceWashington (UPI) Jan 16, 2018 The situation on the market, not the price of oil, determines Russia's appetite for complying with the OPEC balancing act, the country's energy minister said. ... more 
More resources found in gas-rich Papua New GuineaWashington (UPI) Jan 16, 2018 Working in a partnership with Australian and Japanese partners, Exxon Mobil said new hydrocarbons were found while drilling in gas-rich Papua New Guinea. ... more
Survey reveals expectations of $75 ceiling for oil(UPI) Jan 16, 2018 Though crude oil prices are up more than 4 percent since the start of January, a survey of North American sentiments forecasts a narrow range. ... more 
Oil prices pull back hard after breaking through $70 per barrelWashington (UPI) Jan 16, 2018 Oil prices pulled back from a fresh psychological threshold on Tuesday, but compliance with an OPEC-credited deal with setting the price floor remained supported. ... more 
Venezuela says rebel pilot killed in police operationCaracas (AFP) Jan 17, 2018 Venezuela's government announced Tuesday that rogue pilot Oscar Perez was among seven "terrorists" killed during a bloody police assault to arrest him the day before. ... more 
Moody's: Oil is Iraq's blessing and its curseWashington (UPI) Jan 16, 2018 Iraq is one of the few countries assessed where political risk is a real concern for an economy pegged heavily to the price for crude oil, Moody's said Tuesday ... more
Sheen spreading from Chinese site of Iranian oil tanker sinkingWashington (UPI) Jan 16, 2018 The oil slick spreading from the site of the sunken Iranian oil tanker Sanchi is getting bigger and moving north, Chinese maritime authorities said. ... more |
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 BP to post $1.7B charge on Deepwater Horizon 
Moody's sees headwinds for Middle East economiesWashington (UPI) Jan 15, 2018 Geopolitical tensions in the Middle East could balance against some of the economic gains from the increase in crude oil prices, Moody's said Monday. ... more
Oil prices flutter around even in light tradingWashington (UPI) Jan 15, 2018 Light trading on the U.S. federal holiday left crude oil prices around neutral, but still marching closer to $70 per barrel, potentially on geopolitical risk. ... more 
Aker BP sees dividend and production gainsWashington (UPI) Jan 15, 2018 Norwegian energy company Aker BP said its production levels could at least double within the next five years and dividends could grow by $100 million per year. ... more |
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 Baghdad (AFP) Jan 15, 2018 
Iraq's Prime Minister Haider al-Abadi called Monday for the elimination of jihadist "sleeper cells" after a twin suicide bombing killed 31 people in Baghdad in the second such attack in three days.
There was no immediate claim of responsibility, but most such attacks in Iraq are the work of the Islamic State jihadist group.
The bombing comes after Abadi's government declared victory over ... more |
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 Beijing (AFP) Jan 16, 2018  China on Tuesday dismissed an international meeting on the North Korean nuclear crisis hosted by Canada and the United States as illegitimate, as major players like Beijing were not present.
The absence of Russia and China from the two days of talks in Vancouver, which began on Monday, shows the holes in Washington's bid to form a unified global front against North Korea's nuclear threat. ... more |
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 Beijing (AFP) Jan 13, 2018  Authorities in northern China have demolished a Christian megachurch in a move denounced by a religious rights group as "Taliban-style persecution".
China's officially atheist Communist authorities are wary of any organised movements outside their control, including religious ones.
The huge evangelical Jindengtai ("Golden Lampstand") Church, painted grey and surmounted by turrets and a l ... more |
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 Paris (AFP) Jan 15, 2018  Defence ministers from five countries in the Sahel were meeting Monday with French counterpart Florence Parly in the latest push for a pooled force fighting jihadism in the fragile region.
The brief meeting, in which senior military officers were to take part, aims at setting down a concrete timetable for deploying the so-called "G5 Sahel" force, which carried out its maiden mission in Novem ... more |
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 Strasbourg, France (AFP) Jan 16, 2018 
European Union leaders love-bombed Britain on Tuesday, holding the door open for it to change its mind about ending its four-decade membership of the bloc next year.
The comments by EU President Donald Tusk, European Commission Jean-Claude Juncker and others weighed into a debate in Britain about holding a second Brexit referendum.
Leading Brexit campaigner Nigel Farage surprisingly push ... more |
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