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  Washington (UPI) Jan 24, 2018 Nearly a month after production began, the first cargo of about 500,000 barrels of oil was delivered from the Catcher area in the North Sea, the operator said. Premier Oil, the field's operator, said Wednesday the first cargo was lifted yesterday, earlier than expected, and another was already set for the first week of February. Without mentioning specific terms, the company said both deliveries were sold at a premium to Brent crude oil, the global benchmark for the price of oil. Brent c ... read more |
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Total takes slice of Chevron oil find in the Gulf of MexicoWashington (UPI) Jan 24, 2018 French energy company said it was setting a deeper footprint in the U.S. waters of the Gulf of Mexico by taking a minority stake in a Chevron-controlled field. ... more 
Baker Hughes reports mixed performance amid uncertain marketWashington (UPI) Jan 24, 2018 The performance for drilling services company Baker Hughes was mixed and the market was still uncertain, despite a hike in oil prices, its CEO said Wednesday. ... more 
Oil prices mixed, but still holding near $70 per barrelWashington (UPI) Jan 24, 2018 Tighter markets, broad-based economic momentum and more rhetoric from the Organization of Petroleum Exporting Countries helped crude oil prices maintain a band near $70 per barrel on Wednesday. ... more 
Offshore could be beating U.S. shaleWashington (UPI) Jan 23, 2018 Some offshore developments outside of North America may be gaining a competitive edge over U.S. shale, sector analysis found. ... more |
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| Previous Issues | Jan 24 | Jan 23 | Jan 22 | Jan 19 | Jan 18 |
 
 
 
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Kenya says Total is committed to a single export pipelineWashington (UPI) Jan 23, 2018 French energy company Total may buy off Kenyan oil blocks and commit to a single pipeline for exports, the office of the Kenyan president said. ... more
A tightening oil market drives oil back toward $70 per barrelWashington (UPI) Jan 23, 2018 Signs of a global market for crude oil moving closer to erasing the surplus on the five-year average for stockpiles put oil prices back near $70 on Tuesday. ... more 
Alaska's LNG project inching toward realityWashington (UPI) Jan 23, 2018 A liquefied natural gas project in Alaska could be operating by 2024 because of the quick pace of meeting regulatory requirements, the developer said. ... more 
Dutch turning off quake-zone gas for 200 firmsThe Hague (AFP) Jan 23, 2018 The Dutch government has ordered more than 200 of the country's biggest businesses to stop using gas from the quake-prone northern Groningen region, Europe's largest gasfield, officials confirmed Tuesday. ... more 
Norwegian oil and gas production better than 2016Washington (UPI) Jan 23, 2018 Oil and gas production from Norway, one of Europe's top producers, was faltered by maintenance in December, but finished higher than 2016, national data show. ... more 
High gas prices could be the new normalWashington (UPI) Jan 23, 2018 Abnormal trends for U.S. retail gasoline prices so far could point to higher prices for the year, but there may be short-term relief in store, analysts said. ... more 
UAE air force told 'not to escalate' Qatar air disputeAbu Dhabi (AFP) Jan 23, 2018 The air force of the United Arab Emirates has been ordered "not to escalate" a civil aviation dispute with regional rival Qatar, a military official said Tuesday. ... more |
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 Radioactivity from oil and gas wastewater persists in Pennsylvania stream sediments 
Wintershall confirms Libyan oil production restartWashington (UPI) Jan 22, 2018 German energy company Wintershall said it was able to restart production from a license area in Libya, which the government said was closed illegally. ... more
Oil prices flat at market open, even after talk of extended OPEC actionWashington (UPI) Jan 22, 2018 Word over the weekend of yet another possible extension to OPEC's balancing act was offset somewhat by gains in Libya, leaving oil prices even on Monday. ... more 
Lundin Petroleum revises reserve outlook higherWashington (UPI) Jan 22, 2018 An estimate of the reserves in the Edvard Grieg oil field off the coast of Norway boosted the recovery outlook by almost 50 percent, Lundin Petroleum said. ... more |
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Kurdish oil production expectations highWashington (UPI) Jan 22, 2018 Kurdish oil player Gulf Keystone Petroleum said it wants to set up a commercial framework necessary to boost gross production by as much as 70 percent. ... more 
Iraq to sign gas deal with US firm for southern fieldBaghdad (AFP) Jan 21, 2018 Iraq will on Monday sign a memorandum of understanding with American energy company Orion to tap gas at an oil field in the south of the country, the petroleum ministry said. ... more 
Oil slick off China coast trebles in sizeBeijing (AFP) Jan 22, 2018 The spill from a sunken Iranian tanker off China's east coast has more than trebled in size, just over a week after the ship sank in a ball of flames. ... more 
Drilling services company Halliburton upbeat about North AmericaWashington (UPI) Jan 22, 2018 After a year of volatility, the recovery in crude oil prices so far this year could support growth in North America, drilling services company Halliburton said. ... more 
Oil spill disasters in the past 50 yearsParis (AFP) Jan 22, 2018 Concerns are growing over an oil slick off China's east coast after an Iranian tanker, the Sanchi, exploded and sank a week ago following a collision at sea. ... more 
Transocean shareholders back acquisition of Songa OffshoreWashington (UPI) Jan 19, 2018 Rig company Transocean said its shareholders approved of all of the proposals related to an August move to acquire rival Songa Offshore. ... more 
Rig counts, but not jobs, up in TexasWashington (UPI) Jan 19, 2018 Exploration and production in the Permian shale basin in Texas is contributing to more output, but not more jobs, data from a federal reserve bank said. ... more |
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 Schlumberger sees sunny skies ahead for energy sector 
Don't worry about oil price movement yet, Russia saysWashington (UPI) Jan 19, 2018 It's too early in 2018 to discuss stabilization for oil prices, which are down 2 percent from their peak, but up 3.5 percent so far, a Russian official said. ... more 
U.S. shale spoiling the rally in oil pricesWashington (UPI) Jan 19, 2018 Oil prices pulled away from the record territory set in previous sessions on Friday after reports validated concerns about supply-side strains from U.S. shale. ... more
Kurdish gas reserve upgrade met with production questionsWashington (UPI) Jan 19, 2018 Genel Energy said Friday there were more natural gas resources in two of its Kurdish fields than expected, but an assessment said extraction might be complex. ... more |
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 Paris (AFP) Jan 24, 2018  European nations rarely miss a chance to slam the use of the death penalty by others, but they have largely turned a deaf ear to pleas from citizens facing execution in Iraq for fighting with the Islamic State group.
Several hundred foreigners, both men and women, are thought to have been detained in Iraq since the counter-offensive that dislodged IS fighters from the country's urban centres ... more |
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 Washington (AFP) Jan 17, 2018 
The US military wants to overhaul its atomic arsenal and develop a new type of low-yield weapon that experts worry could lead to greater proliferation and heighten the risk of nuclear war.
The proposed changes to the nuclear weapons program, outlined in a draft version of the Pentagon's Nuclear Posture Review, mark a significant break from the vision for America's nuclear future under Barack ... more |
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 London (AFP) Jan 23, 2018  Former defence secretary Michael Fallon joined calls Monday for more British military spending, as the head of the army said the country may struggle to match Russian battlefield capabilities and another security chief warned a major cyber-attack on the UK is likely by 2020.
Fallon, speaking at the Defence and Security Forum in his first speech since resigning from the Cabinet over a sexual ... more |
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