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House wants more energy in era of record production

House wants more energy in era of record production

WASHINGTON, Sept. 19 (UPI) -- A bill that passed through the U.S. House of Representatives will bring relief to consumers feeling the "squeeze" of high gasoline prices, backers say.
Daniel J. Graeber
EIA: Russia diversifying energy production

EIA: Russia diversifying energy production

WASHINGTON, Sept. 19 (UPI) -- Russia is looking to develop energy in hard-to-reach areas as legacy production falls from its peak, the U.S. Energy Information Administration found.
Daniel J. Graeber
No means yes for Scotland, energy companies say

No means yes for Scotland, energy companies say

LONDON, Sept. 19 (UPI) -- After a "no" vote, British energy company BP said Friday it would work closely with the governments in Edinburgh and London to boost North Sea recovery.
Daniel J. Graeber
Gazprom: Europe our top priority

Gazprom: Europe our top priority

MOSCOW, Sept. 19 (UPI) -- Though China is becoming an important business partner, the European market is the prime destination for Russian gas, the CEO of Gazprom said Friday.
Daniel J. Graeber
Exxon grabs more Permian shale

Exxon grabs more Permian shale

IRVINE, Calif., Sept. 19 (UPI) -- Exxon Mobil said it added to its portfolio in the Permian shale basin in Texas in exchange for a portion of its field operations in California.
Daniel J. Graeber
Russian bank boss feeling sanctions pain

Russian bank boss feeling sanctions pain

MOSCOW, Sept. 19 (UPI) -- It will be "very hard" to maintain economic growth in Russia amid sanctions pressure on its energy sector, the head of Russia's largest bank said Friday.
Daniel J. Graeber
Algeria says U.S. relationship not bound to energy

Algeria says U.S. relationship not bound to energy

WASHINGTON, Sept. 19 (UPI) -- The Algerian foreign minister said from Washington bilateral ties with the United States are not limited exclusively to the energy sector.
Daniel J. Graeber
World banks: All financial hands on climate deck

World banks: All financial hands on climate deck

MANILA, Sept. 19 (UPI) -- A Friday report released from the Philippines by six leading multinational development banks said a wide range of funding is needed to avert climate change.
Daniel J. Graeber
API: Oil imports at historic low

API: Oil imports at historic low

WASHINGTON, Sept. 19 (UPI) -- U.S. imports of crude oil in August were the lowest they've been in almost 20 years, the American Petroleum Institute said.
Daniel J. Graeber
More British wind energy capacity online

More British wind energy capacity online

ESSEN, Germany, Sept. 19 (UPI) -- A German energy company announced it opened a 32.8 megawatt wind farm in the United Kingdom, saying it adds to the nation's low-carbon legacy.
Daniel J. Graeber
Vote yes for oil, Scottish energy minister says

Vote yes for oil, Scottish energy minister says

EDINBURGH, Scotland, Sept. 18 (UPI) -- A "yes" vote in Thursday's referendum will translate to vast oil wealth for an independent Scotland, the Scottish energy minister said as voting gets under way.
Daniel J. Graeber
Kinder Morgan eyes Maine for gas line

Kinder Morgan eyes Maine for gas line

HOUSTON, Sept. 18 (UPI) -- Pipeline company Kinder Morgan announced it filed a proposal with authorities in Maine to expand natural gas capacity for the state.
Daniel J. Graeber
RWE Dea gets rights to tap offshore Egypt

RWE Dea gets rights to tap offshore Egypt

ESSEN, Germany, Sept. 18 (UPI) -- German energy company RWE Dea said it won the rights to explore two areas off the coast of Egypt it says will provide "promising opportunities."
Daniel J. Graeber
Scrap South Stream, Europe says

Scrap South Stream, Europe says

BRUSSELS, Sept. 18 (UPI) -- Members of the European Parliament passed a resolution Thursday calling for the cancellation of contracts for Russia's planned South Stream gas pipeline.
Daniel J. Graeber
Iraqi oil exports down more than 2 percent

Iraqi oil exports down more than 2 percent

BAGHDAD, Sept. 18 (UPI) -- Oil exports from the southern Iraqi port cities were 73.6 million barrels for August, the Iraqi Ministry of Oil declared Thursday.
Daniel J. Graeber
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