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STRASBOURG, France, May 22 (UPI) -- Legislation in the European Union regarding oil and natural gas production safety is long overdue, Energy Commissioner Guenther Oettinger said.
WASHINGTON, May 22 (UPI) -- Maintaining a flat level of natural gas production from U.S. shale deposits is an elusive prospect, an energy policy director told U.S. lawmakers.
WASHINGTON, May 22 (UPI) -- Oil production from five Western U.S. states increased as much as 64 percent since 2010 in part because of new drilling methods, the Energy Department said.
LONDON, May 22 (UPI) -- A British business group said the shale natural gas sector could add more than 70,000 jobs to the economy and not just in industry-specific fields.
EDINBURGH, Scotland, May 22 (UPI) -- Companies behind a wave energy converter off the Scottish coast said a test program added 160 megawatts of electricity to the grid.
VICTORIA, British Columbia, May 22 (UPI) -- Malaysian energy company Petronas said it started work on a project that would facilitate liquefied natural gas exports from Canada's west coast.
REGINA, Saskatchewan, May 22 (UPI) -- Two rails cars that were included in a derailment in Saskatchewan lost their entire oil cargoes, a provincial official said.
WASHINGTON, May 22 (UPI) -- U.S. President Barack Obama would veto a House measure that would fast-track the approval of the planned Keystone XL oil pipeline, the White House said.
WASHINGTON, May 22 (UPI) -- U.S. Energy Secretary Ernest Moniz said he'd review the prospects for export licenses for liquefied natural gas on a case-by-case basis.
EDINBURGH, Scotland, May 22 (UPI) -- Scotland has the economic resources available to endure as an independent country in part because of its energy sector, First Minister Alex Salmond said.
WASHINGTON, May 22 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony Wednesday follows lawmakers charging he purposely withheld strategic information from them.
WASHINGTON, May 22 (UPI) -- The United States and Myanmar signed a trade and investment framework agreement, coinciding with the visit of Myanmar President Thein Sein.
BRUSSELS, May 22 (UPI) -- The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
TOKYO, May 21 (UPI) -- Japan posted a record trade deficit of 879.93 billion yen ($8.576 billion) for April as a lower yen pushed import costs higher, the government said Wednesday.
BUENOS AIRES, May 21 (UPI) -- To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
NEW YORK, May 21 (UPI) -- Crude oil prices fell back to less than $96 in New York Tuesday despite the prolonged rally in equities.
NEW YORK, May 21 (UPI) -- Investors took to heart speeches by two regional U.S. Federal Reserve presidents and sent the Dow Jones industrial average to its 22nd high of the year Tuesday.
SANTIAGO, Chile, May 21 (UPI) -- More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
MUSCAT, Oman, May 21 (UPI) -- The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
KIEV, Ukraine, May 21 (UPI) -- A rocket engine airframe disposal facility was opened in Ukraine Tuesday to destroy RS-22 (SS-24) missile components under the Strategic Arms Reduction Treaty.
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