OIL

10,863 articles

House leader calls on Washington to follow state energy lead
Jul 25, 2013 (UPI)
The chairman of a House committee on energy said the federal government is out of step with policies embraced by states leading the nation's oil boom. The House...
Slovakian gas transit company says things OK in Ukraine
Jul 25, 2013 (UPI)
Slovakian gas transit company Eustream said Friday the state of operations through Ukraine were in line with its expectations. The company said it hasn't seen a...
Most NAFTA trade moves through pipelines, DOT says
Jul 25, 2013 (UPI)
Most of the commodities moving across the U.S. border with Canada did so through pipelines, the U.S. Department of Transportation said. The Department of Transp...
Iraq says 72.8 million barrels left the country last month
Jul 25, 2013 (UPI)
Iraqi oil exports were down in June in part because of terrorist activities targeting a northern pipeline, the Ministry of Oil announced. Iraqi Ministry of Oil ...
Statoil may trim as many as 1,400 jobs in cost saving effort
Jul 25, 2013 (UPI)
Norwegian energy company Statoil, one of the largest in the world, said Friday it was cutting as many as 1,400 positions in an effort to trim costs. "We continu...
ONEOK investing to increase gas processing capacity
Jul 25, 2013 (UPI)
Oklahoma-based energy company ONEOK Partners said its multimillion investment in the state will boost gas processing capacity to 900 million cubic feet per day....
Statoil makes debut in deep Colombian waters
Jul 24, 2013 (UPI)
Norwegian energy company Statoil said it was taking a strategic bet by gaining early access to deepwater reserves off the coast of Colombia. Statoil said the aw...
EIA says oil, not natural gas, top source of Russian export revenue
Jul 24, 2013 (UPI)
Russia receives more revenue from the export of crude oil and petroleum products than it does from natural gas, the U.S. Energy Department said. The U.S. Energy...
New Zealand solicits comments for draft oil spill response plan
Jul 24, 2013 (UPI)
The government of New Zealand announced Thursday it was soliciting comments on its national oil spill response strategy. The 58-page draft outlines a three-tier...
European energy chief stumps for energy security plans
Jul 24, 2013 (UPI)
The European Union needs an ambitious set of policies in place to increase security related to its energy supplies, the European energy commissioner said. Europ...
North Dakota wonders if oil train proposals are workable
Jul 24, 2013 (UPI)
North Dakota's governor said new proposals for oil train safety need review, while the industry itself said concerns over North Dakota's oil are without merit. ...
Gazprom wants long-term relationship with Kazakhstan
Jul 24, 2013 (UPI)
Russian natural gas company Gazprom said it was considering extending its working relationship with its counterparts in Kazakhstan through the 2030s. Deputy Gaz...
TransCanada says Alberta pipeline will lay solid foundation
Jul 24, 2013 (UPI)
A 56-mile pipeline planned through Alberta will be a foundation to plans to increase oil sands production in the province, TransCanada said. The Alberta Energy ...
Alberta regulator keeps ban in place for steam-injection
Jul 23, 2013 (UPI)
While potentially safe, the provincial energy regulator in Alberta said it's not ready to lift a ban on a controversial steam-injection method for bitumen. The ...
Sanctions on Iran keeping investors at bay, EIA report says
Jul 23, 2013 (UPI)
International sanctions still inhibit Iran's ability to attract foreign investments to its energy sector, the U.S. Energy Information Administration said. EIA, ...
South African advocacy group calls for ban on fracking
Jul 23, 2013 (UPI)
A South African advocacy group called for a moratorium on hydraulic fracturing operations for natural gas despite support from President Jacob Zuma. The governm...
BHP Billiton: U.S. onshore helps boost oil output
Jul 23, 2013 (UPI)
Australian natural resources company BHP Billiton said Wednesday onshore operations in the United States helped boost its oil production by 4 percent. BHP said ...
Town at heart of British shale debate rejects permit
Jul 23, 2013 (UPI)
A British advocacy group said Wednesday it applauded a decision from a city council at the heart of the country's shale debate to reject a drilling permit. The ...
Fire at fracking fluid storage site in North Dakota sparks concerns
Jul 23, 2013 (UPI)
North Dakota's Health Department said it's surveying air quality near the site of a fire at an industrial park in Williston, the heart of the state's oil patch....
Rosneft looking at environmental baseline in arctic
Jul 23, 2013 (UPI)
Russian independent oil producer Rosneft said Wednesday it's working to set an environmental baseline to review as it readies for work in arctic reserves. Rosne...
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