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Goodbye $50: Oil prices fall back to Earth Goodbye $50: Oil prices fall back to Earth 2 days ago
NEW YORK, May 27 (UPI) -- A slowdown in spending on plants and equipment in the United States and market jitters pulled crude oil down sharply lower in early Friday trading.
Cheap commutes in store for Memorial Day travelers Cheap commutes in store for Memorial Day travelers 2 days ago
WASHINGTON, May 27 (UPI) -- Even though prices at the pump have been on a steady rise, the U.S. government said Memorial Day travelers are saving big money this time around.
Islamic State losing revenue, IHS finds Islamic State losing revenue, IHS finds 2 days ago
LONDON, May 27 (UPI) -- Taxes and penalties issued by the Islamic State in the Middle East territories it controls show the group's finances are dwindling, analysis finds.
Nigerian militant group marks Children's Day Nigerian militant group marks Children's Day 2 days ago
ABUJA, Nigeria, May 27 (UPI) -- On Children's Day in Nigeria, a militant group targeting energy groups in the Niger Delta said it would deliver more to the nation's youth than the government.
Trump says no to OPEC, yes to Keystone XL Trump says no to OPEC, yes to Keystone XL 2 days ago
BISMARCK, N.D., May 27 (UPI) -- Republican presidential nominee Donald Trump said he'd end U.S. oil imports from OPEC and approve Keystone XL, though critics said he knows little about energy.
Texas production levels on the rise Texas production levels on the rise 2 days ago
AUSTIN, Texas, May 27 (UPI) -- Texas oil production for March was up 1 percent from the previous month, state data show, as crude oil prices staged a sustained recovery.
Maersk adds new rig to its fleet Maersk adds new rig to its fleet 2 days ago
COPENHAGEN, Denmark, May 27 (UPI) -- Maersk Drilling said Friday it acquired a rig designed for harsh environments from struggling rival Hercules Offshore for deployment in the North Sea.
'Rebel' general nears capital, Libyan oil fate up in the air 'Rebel' general nears capital, Libyan oil fate up in the air 3 days ago
General Haftar of the Libyan National Army is making a move from the East toward Tripoli in an attempt to seize control of the city.
Hello, $50: Oil prices break threshold Hello, $50: Oil prices break threshold 3 days ago
NEW YORK, May 26 (UPI) -- Improvements in the U.S. labor sector and seasonal demand pressures pushed the price of crude above the $50 mark for the first time this year early Thursday.
Trump heads to shale country Trump heads to shale country 3 days ago
BISMARCK, N.D., May 26 (UPI) -- Republican presidential candidate Donald Trump delivers the keynote address Thursday at a petroleum conference in North Dakota, the schedule shows.
We warned you, Nigerian militant group tells Chevron We warned you, Nigerian militant group tells Chevron 3 days ago
ABUJA, Nigeria, May 26 (UPI) -- A militant group in the Niger Delta said it targeted a Chevron pipeline in the region after the company failed to heed a warning issued in mid-May.
Baker Hughes streamlines structure Baker Hughes streamlines structure 3 days ago
HOUSTON, May 26 (UPI) -- Oil services company Baker Hughes said structural and leadership changes were made in a way that it said could help simplify operations and lower costs.
Moody's: Persian Gulf economies strained Moody's: Persian Gulf economies strained 3 days ago
DUBAI, United Arab Emirates, May 26 (UPI) -- Fiscal reforms are just part of the picture for Middle East economies working to adapt to an era of lower crude oil prices, Moody's Investors Service said.
European energy market still on Putin's radar European energy market still on Putin's radar 3 days ago
MOSCOW, May 26 (UPI) -- Working with the Greek government, Russian President Vladimir Putin said his country could make regional energy aspirations for Europe a possibility.
Santos making more LNG Santos making more LNG 3 days ago
ADELAIDE, Australia, May 26 (UPI) -- Australian energy company Santos said it started producing more liquefied natural gas from a project on Curtis Island that could feed a growing Asian market.
Oil prices making a run at nifty fifty Oil prices making a run at nifty fifty 4 days ago
NEW YORK, May 25 (UPI) -- Temporary supply outages left oil spilling out of storage to push oil prices to their highest level of the year Wednesday, running quickly toward $50 per barrel.
Earthquake insurance latest concern in oil-rich Oklahoma Earthquake insurance latest concern in oil-rich Oklahoma 4 days ago
OKLAHOMA CITY, May 25 (UPI) -- The state government in the shale state of Oklahoma said it was concerned about the lack of competition in the market for earthquake insurance.
Shell cuts more than 2,000 jobs Shell cuts more than 2,000 jobs 4 days ago
ABERDEEN, Scotland, May 25 (UPI) -- At least 2,200 additional jobs will be trimmed from the payroll as the industry struggles to move through the downturn, a Shell official said from Scotland.
BP wades deeper into Azeri waters BP wades deeper into Azeri waters 4 days ago
BAKU, Azerbaijan, May 25 (UPI) -- An Azeri energy company said it signed an agreement with BP that was billed as part of a national effort to explore fully all of its reserves offshore.
Petronas: Nothing to Russian talks Petronas: Nothing to Russian talks 4 days ago
KUALA LUMPUR, Malaysia, May 25 (UPI) -- Malaysian energy company Petronas said it was not the target of a sale of its assets or any of its stakes to counterparts in the Russian energy sector.
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On this day
UPI Almanac for Sunday, May 29, 2016
On May 29, 1914, the Canadian Pacific Transatlantic liner Empress of Ireland sank in the early morning hours following a collision with the liner Storstadt, a much smaller vessel, in Canada's Gulf of St. Lawrence.
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