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  Washington (UPI) Jan 31, 2018 Emerging supply-side strains from the United States, and the announcement Wednesday of new discoveries, sent oil prices lower in early Wednesday trading. Crude oil prices lost a grip on the $70 per barrel ceiling touched during a January rally that saw markets surge by more than 4 percent over a few short trading days. The price for oil started pulling back on Monday on signs North American oil producers were taking advantage of the run. In his first State of the Union address Tuesday ni ... read more |
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BP makes two North Sea oil discoveriesWashington (UPI) Jan 31, 2018 With the announcement of two new discoveries in the North Sea, British energy company BP said Wednesday it could double its production there by 2020. ... more 
Hess Corp. keeps spending plans staticWashington (UPI) Jan 31, 2018 Spending of around $2 billion for exploration and production is unchanged from last year, but focuses more on Guyana and North Dakota, Hess Corp. said. ... more 
Cuban oil drilling one step closer to realityWashington (UPI) Jan 31, 2018 Cuban authorities have issued the local consent necessary to move forward with plans for oil drilling onshore, Australia's Melbana Energy said Wednesday. ... more 
Total, Chevron declare major oil find in the Gulf of MexicoWashington (UPI) Jan 31, 2018 French energy company Total said Wednesday it made what it considers the largest discovery it's ever made in the U.S. waters of the Gulf of Mexico. ... more |
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| Previous Issues | Jan 31 | Jan 30 | Jan 29 | Jan 26 | Jan 25 |
 
 
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Alberta cries foul over proposed limit on oil transitWashington (UPI) Jan 31, 2018 A proposal to limit the movement of heavy oil through British Columbia is a political ploy that borders on a constitutional violation, oil-rich Alberta said. ... more 
Oil slips on signs of build-up in suppliesWashington (UPI) Jan 30, 2018 Crude oil prices continued to pull back from recent highs Tuesday on signs that supply-side pressures were catching up with much-watched inventory metrics. ... more 
Exxon gives Trump an early warm up for victory lapWashington (UPI) Jan 30, 2018 A major build up in operations in the Gulf of Mexico, and billions of dollars in shale oil spending, is a response to the U.S. tax overhaul, Exxon Mobil said. ... more 
Moody's sees "default event" for Noble GroupWashington (UPI) Jan 30, 2018 Noble Group, once in the oil and gas business, has cut its debt and improved liquidity through restructuring, but might not return to profitability, Moody's said. ... more 
High demand, high oil prices mean pain at the pumpWashington (UPI) Jan 30, 2018 Higher crude oil prices and an increase in consumer demand, even during the winter, means higher prices for gasoline, retail sector analysis finds. ... more 
US praises Qatar ties but calls for Gulf unityWashington (AFP) Jan 30, 2018 The United States praised Qatar for its improved counterterrorism cooperation Tuesday and warned that its rift with Saudi Arabia and other Gulf neighbors has hurt the fight against extremism. ... more 
BP makes $5 million bet on electric vehiclesWashington (UPI) Jan 30, 2018 As a U.S. counterpart pledges billions for spending on shale, British energy company BP said Tuesday it spent $5 million on Europe's electric vehicle network. ... more |
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 Florida senator concerned with offshore drilling safety 
Canadian oil exports by rail increasingWashington (UPI) Jan 30, 2018 With Canadian crude oil production up slightly, and given infrastructure limitations, federal data show oil exports by rail at a historic high. ... more 
Dutch have done human, animal diesel tests 'for years'The Hague (AFP) Jan 30, 2018 Dutch researchers have been performing tests "for years" on humans and animals to study the effects of diesel fumes, scientists said Tuesday, amid an outcry in Germany over similar experiments. ... more 
Tillerson: U.S. has what it takes to ensure Polish energy securityWashington (UPI) Jan 29, 2018 It's U.S. companies, not those in Russia, that have the right products to ensure energy security for Poland, a visiting U.S. secretary of state said. ... more  |
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Supply-side pressures bruise oil pricesWashington (UPI) Jan 29, 2018 A post-Davos rebound in the value of the U.S. dollar, coupled with emerging supply-side strains, pushed the price of crude oil lower on Monday. ... more 
Iran reviewing data recorder from sunken Sanchi oil tankerWashington (UPI) Jan 29, 2018 A committee set up to examine what happened to the Sanchi oil tanker, an Iranian vessel that sank in mid-January, said Monday it's looking at black box data. ... more 
Iran says oil production could increase with foreign helpWashington (UPI) Jan 29, 2018 Iran could increase total oil production capacity by more than 1 million barrels per day if talks with foreign partners pan out, the oil minister said. ... more 
House of Lords examines gas, electric markets post-BrexitWashington (UPI) Jan 29, 2018 The British grid won't go dark after departure from the European Union, though the gas and electric market may be less efficient, parliament's review found. ... more 
Germany tries for more domestic oil productionWashington (UPI) Jan 26, 2018 German energy company Wintershall said Friday there could be more oil in a field near the Dutch border that's been in production for the last 70 years. ... more 
Shale gas production outpacing some U.S. regional demandWashington (UPI) Jan 26, 2018 Gas production from three Appalachian states beats domestic demand and displaces regional supplies to the point of supporting exports, a U.S report stated. ... more |
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 OPEC balancing act added $25 per barrel to oil, Saudi minister says
Oil prices pressured by slip in U.S. GDPWashington (UPI) Jan 26, 2018 With the U.S. president touting his nation's economy, crude oil prices wavered around even amid a weaker GDP and new support Friday for the greenback. ... more
Nuclear deal not negotiable, oil-rich Iran saysWashington (UPI) Jan 26, 2018 The Iranian nuclear agreement, under which easing sanctions pressure allowed its oil to flow, is not negotiable, an Iranian member of parliament said Friday. ... more 
UK sandwich eating produces same CO2 as 'millions of cars'London (AFP) Jan 25, 2018 Britain's annual sandwich consumption produces the same amount of carbon dioxide as more than eight million cars, according to a study published on Thursday. ... more 
California, advocacy groups, sue Trump on fracking lawsWashington (UPI) Jan 25, 2018 In separate filings, California and a coalition of environment and tribal groups sued the Trump administration for repealing rules on hydraulic fracturing. ... more |
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 Baghdad (AFP) Jan 31, 2018 
Iraq's Police football club, owned by the country's interior ministry, was banned Wednesday from playing in Baghdad's main stadium following a brawl between police and stadium guards.
The confrontation broke out as guards tried to keep out an Al-Shorta - which means "police" in Arabic - club official who had opened fire on a rival team's bus on January 21, without causing casualties.
O ... more |
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 Washington (AFP) Jan 23, 2018 
CIA Director Mike Pompeo said Tuesday that North Korea is intent on developing a reliable arsenal of nuclear weapons to threaten America, not just "a showpiece" to preserve Kim Jong-Un's regime.
"Kim Jong-Un will not rest with a single successful test," Pompeo said in a speech at the American Enterprise Institute.
"The logical next step would be to develop an arsenal of weapons that is n ... more |
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 Washington (UPI) Jan 24, 2018 
EFW Inc. has been awarded a contract for Apache Aviator Integrated Helmets and associated spare parts for the U.S. Army.
The deal, announced Tuesday by the Department of Defense, is valued at more than $12.6 million under the terms of a firm-fixed-price contract agreement.
The Apache Aviator Integrated Helmet is a critical piece of hardware for pilots of the AH-64 Apache helicopt ... more |
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 Washington (AFP) Jan 23, 2018 
President Donald Trump begins 2018 making good on his aggressive "America First" trade agenda, with China as a primary target.
As he prepares to mingle this week with global leaders at the World Economic Forum in Davos, Switzerland, a traditional cheerleader of free trade, Trump has again ruffled feathers from Beijing to Berlin after imposing steep tariffs on imported washing machines and so ... more |
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 Beijing (AFP) Jan 28, 2018  Japan's foreign minister met China's top leadership Sunday for rare diplomatic talks that ended with mutual vows to improve their chilly ties but little in the way of concrete proposals.
The world's second and third largest economies have a fraught relationship, held back by longstanding disputes over maritime claims and Japan's wartime legacy.
Taro Kono's visit to China was the first by ... more |
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