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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
U.S. oil production up 10 percent year-on-year

U.S. oil production up 10 percent year-on-year

WASHINGTON, Sept. 18 (UPI) -- U.S. crude oil production for the second week in September was more than 10 percent higher than the previous year, government data show.
Daniel J. Graeber
Bakken giant Continental picks new COO

Bakken giant Continental picks new COO

OKLAHOMA CITY, Sept. 18 (UPI) -- Bakken oil player Continental Resources appointed an exploration director as its new president after former boss Rick Bott resigned to pursue other interests.
Daniel J. Graeber
ADB behind Pakistani energy overhaul

ADB behind Pakistani energy overhaul

ISLAMABAD, Sept. 18 (UPI) -- The Asian Development Bank stands behind an energy overhaul in Pakistan, though Islamabad needs to do its part to shore up financing, the ADB president said.
Daniel J. Graeber
EBRD: Sanctions hurting Russia

EBRD: Sanctions hurting Russia

LONDON, Sept. 18 (UPI) -- Sanctions imposed in response to the situation in eastern Ukraine have resulted in a loss of business confidence in Russia, a European bank said Thursday.
Daniel J. Graeber
Chinese shale gas growth slow but steady

Chinese shale gas growth slow but steady

BEIJING, Sept. 18 (UPI) -- Though off to a slow start, the Chinese government said it expected gas production from shale will eventually make up about 20 percent of total output.
Daniel J. Graeber
Eni makes major oil find in Ecuador

Eni makes major oil find in Ecuador

MILAN, Italy, Sept. 18 (UPI) -- Italian energy company Eni said Thursday it made an oil discovery in Ecuador that could hold as much as 300 million barrels in place.
Daniel J. Graeber
Wood Mac: All energy eyes on Scottish vote

Wood Mac: All energy eyes on Scottish vote

EDINBURGH, Scotland, Sept. 17 (UPI) -- Energy companies working in the North Sea need a sense of fiscal confidence no matter how the Scottish referendum turns out, Wood Mackenzie said Wednesday.
Daniel J. Graeber
$3 gas could make a comeback

$3 gas could make a comeback

WASHINGTON, Sept. 17 (UPI) -- Analyses from GasBuddy and AAA show U.S. retail gasoline prices are plummeting and could reach $3 per gallon in some markets by the end of the year.
Daniel J. Graeber
British company gives up on Polish shale

British company gives up on Polish shale

LONDON, Sept. 17 (UPI) -- 3Legs Resources, a company exploring the shale natural gas potential in Poland, said Wednesday it was giving up because of a lack of commercial prospects.
Daniel J. Graeber
Tony Hayward: Kurdish oil sector open for business

Tony Hayward: Kurdish oil sector open for business

ISTANBUL, Turkey, Sept. 17 (UPI) -- The Kurdish north of Iraq is secured and positioned to become a global leader in the energy sector, the top executive at Genel Energy said from Istanbul.
Daniel J. Graeber
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