OIL

10,863 articles

Iran says it's open to whoever wants to invest in its energy sector
May 12, 2013 (UPI)
Foreign business entities are welcome to take part in companies doing business in the manufacturing part of Iran's oil and gas sector, a director said. Iran has...
Some European gas consumers are too dependent on Ukraine, Russia says
May 12, 2013 (UPI)
A gas payment row between Russian energy company Gazprom and Ukraine exposes regional consumers to increased risks, Russia's deputy energy minister said. Russia...
Chinese oil rig puts peace and stability of entire world at stake, Vietnam says
May 12, 2013 (UPI)
China's deployment of an oil rig in contested waters is evidence of Beijing's growing threat to nations in the Asia-Pacific, Vietnam's prime minister said. Prim...
Pakistan can't do without gas pipeline from Iran, official says
May 12, 2013 (UPI)
Pakistan's energy sector is in such disarray that it has few choices apart from a natural gas pipeline from Iran, the former Iranian envoy to Pakistan said. Amb...
Alaska governor signs natural gas bill pipeline measure
May 09, 2013 (UPI)
Alaska Gov. Sean Parnell signed a bill that aims to facilitate the construction of a natural gas pipeline and put that state in co-ownership of the project. Par...
Upton drafts bill to ease cross-border energy permits
May 09, 2013 (UPI)
A bill passed by the House Energy and Commerce Committee fixes a broken permit system for cross-border pipelines like Keystone XL, Chairman Fred Upton said. The...
Estonia becomes 29th member of International Energy Agency
May 09, 2013 (UPI)
Estonia on Friday became the 29th member of the International Energy Agency, IEA Executive Director Maria van der Hoeven announced. "The country has made remark...
Qatar energy company acquires stake in Canadian gas sector
May 08, 2013 (UPI)
British energy company Centrica said Thursday it sold 40 percent of its natural gas business in Canada to a subsidiary of Qatar Petroleum for $183 million. Qata...
Scotland boasts of oil, gas potential at Houston conference
May 07, 2013 (UPI)
The Scottish energy sector is expected to attract more than $160 million in contracts during the next three years, the Scottish energy minister said Wednesday. ...
RWE to study reserve potential offshore Azerbaijan
May 06, 2013 (UPI)
German energy company RWE Dea said Tuesday it signed an agreement to examine the oil and gas potential in the shallow waters off the coast of Azerbaijan. "The a...
Iran ready to help European energy sector as Odessa burns
May 05, 2013 (UPI)
Iran is ready to help meet European energy needs through pipeline or liquefied natural gas deliveries, Iranian Oil Minister Bijan Zangenah said. European leader...
Protests against British energy companies turn violent
May 05, 2013 (UPI)
Though operations are in their infancy, protests against hydraulic fracturing in the United Kingdom have turned violent, corporate officials said. A manager wor...
Chinese rig suspected of entering Vietnamese waters illegally
May 05, 2013 (UPI)
China National Offshore Oil Corp. is operating in waters claimed by the government of Vietnam, a spokesman for the Vietnamese government said. China Foreign Min...
Angola's potential 'enormous,' U.S. Secretary of State Kerry says
May 05, 2013 (UPI)
Some of the biggest energy companies in the world are in Angola to the benefit of the nation's economy, U.S. Secretary of State John Kerry said. Kerry arrived S...
Scotland protests tax on North Sea energy work
May 05, 2013 (UPI)
A tax on oil rigs operating in the North Sea would have serious consequences for activity in Scottish waters, Scottish Energy Minister Fergus Ewing said. Ewing ...
Bill in support of Keystone XL supported by energy industry money
May 02, 2013 (UPI)
U.S. senators who drafted legislation in support of the Keystone XL oil pipeline received $21 million from the oil industry, an advocacy group says. U.S. Sens. ...
No justification for gas bill, Ukraine's Naftogaz says
May 02, 2013 (UPI)
Ukrainian energy company Naftogaz said its contract with Russia's Gazprom says nothing about paying for unused natural gas. Gazprom last week sent Ukraine an $1...
CSX says oil may have seeped into Virginia river
May 02, 2013 (UPI)
CSX Corp. said it was implementing an environmental response plan for any Bakken crude oil that may have spilled in the James River in a Virginia derailment. A ...
Cobalt says it discovered huge oil field offshore Angola
May 02, 2013 (UPI)
Early results from a program off the coast of Angola show there may be as much as 700 million barrels of oil in the region, Cobalt International Energy said. Co...
BG Group questions future role in Egypt
May 01, 2013 (UPI)
Future operations in the natural gas sector in Egypt are at risk because of poor reservoir performance and domestic offtake, BG Group said Thursday. BG Group an...
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