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'No U.S. ban' on Iraqi oil, spokeswoman says

'No U.S. ban' on Iraqi oil, spokeswoman says

WASHINGTON, Aug. 1 (UPI) --There is no ban in the United States on the sale or transfer of oil from any part of Iraq, a spokeswoman for the U.S. State Department said.
Daniel J. Graeber
U.S. gas prices should continue drop, AAA says

U.S. gas prices should continue drop, AAA says

WASHINGTON, Aug. 1 (UPI) --Retail gasoline prices in the United States should be lower for August in part because of higher refinery output, a spokesman for AAA said.
Daniel J. Graeber
Shale work in Ukraine on hold, Shell says

Shale work in Ukraine on hold, Shell says

AMSTERDAM, Netherlands, Aug. 1 (UPI) --Operations in shale acreage in eastern Ukraine can no longer continue as planned, the chief executive officer at Royal Dutch Shell said.
Daniel J. Graeber
Hungary's MOL bullish about future

Hungary's MOL bullish about future

BUDAPEST, Hungary, Aug. 1 (UPI) --Hungarian energy company MOL said Friday it had a good first half of the year and expected higher production levels from Iraq and the North Sea.
Daniel J. Graeber
Two LNG export deals get U.S. nod

Two LNG export deals get U.S. nod

WASHINGTON, Aug. 1 (UPI) --A facility along the Texas coast was cleared for exports of liquefied natural gas sourced from domestic supplies, the Federal Energy Regulatory Commission said.
Daniel J. Graeber
North Dakota funds schools coping with oil boom

North Dakota funds schools coping with oil boom

BISMARCK, N.D., Aug. 1 (UPI) --The North Dakota government said it awarded $7.8 million to school districts struggling to cope with the growth from oil and gas development in the state.
Daniel J. Graeber
Rosneft closes rig acquisition deal

Rosneft closes rig acquisition deal

MOSCOW, Aug. 1 (UPI) --Russian energy company Rosneft said Friday it closed on a deal to acquire Venezuelan and Russian assets from oil services company Weatherford International.
Daniel J. Graeber
Eni takes first steps in Myanmar

Eni takes first steps in Myanmar

NAYPYITAW, Myanmar, Aug. 1 (UPI) --Italian energy company Eni said it signed two production sharing contracts for exploration in Myanmar, its first such deal in the Asian country.
Daniel J. Graeber
Shell reviewing options post-Woodside

Shell reviewing options post-Woodside

AMSTERDAM, Netherlands, Aug. 1 (UPI) --Royal Dutch Shell said Friday it was reviewing its options regarding its shares in Australian energy company Woodside after a rejected buy-back bid.
Daniel J. Graeber
Greenpeace vessel, Arctic Sunrise, leaves Russia

Greenpeace vessel, Arctic Sunrise, leaves Russia

AMSTERDAM, Netherlands, Aug. 1 (UPI) --Greenpeace icebreaker Arctic Sunrise has left a Russian port headed to a Dutch port in Amsterdam, the protest group said Friday.
Daniel J. Graeber
LNG work in Egypt uncertain for BG Group

LNG work in Egypt uncertain for BG Group

LONDON, July 31 (UPI) --Only one cargo of liquefied natural gas left Egypt during the second quarter and the outlook for the rest of the year is grim, BG Group said Thursday.
Daniel J. Graeber
Conoco excludes Libya in outlook, posts 2Q gains

Conoco excludes Libya in outlook, posts 2Q gains

HOUSTON, July 31 (UPI) --Conoco Phillips said Thursday it saw a strong growth in production from North American shale, but Libyan operations remained shut in for the company.
Daniel J. Graeber
British economy getting greener

British economy getting greener

LONDON, July 31 (UPI) --Renewable energy is gaining a foothold in the British economy following a banner year for green investments, the government said Thursday.
Daniel J. Graeber
Oxy gets lift from U.S. shale

Oxy gets lift from U.S. shale

HOUSTON, July 31 (UPI) --Occidental Petroleum Corp. said Thursday oil production from U.S. assets increased during the second quarter, marking a year-long streak.
Daniel J. Graeber
Latest Yukos ruling unjust, Kremlin says

Latest Yukos ruling unjust, Kremlin says

MOSCOW, July 31 (UPI) --The European court system was unfair in its ruling against defunct Russian oil company Yukos, the Russian Justice Ministry said Thursday.
Daniel J. Graeber
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