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Baku, Tehran sign energy agreements

Baku, Tehran sign energy agreements

TEHRAN, Aug. 22 (UPI) --Azerbaijan said it signed a memorandum of understanding to broaden energy ties in the Iranian oil and natural gas sector.
Daniel J. Graeber
Gulf of Mexico lease draws advocacy fire

Gulf of Mexico lease draws advocacy fire

WASHINGTON, Aug. 22 (UPI) --The U.S. government is called on to halt offshore drilling in an effort to preserve the climate for future generations, Friends of the Earth said.
Daniel J. Graeber
Russia's Rosneft grabs Norwegian drilling assets

Russia's Rosneft grabs Norwegian drilling assets

MOSCOW, Aug. 22 (UPI) --Russian energy company Rosneft said Friday it signed an agreement to acquire a stake in a Norwegian drilling company in exchange for drilling rigs.
Daniel J. Graeber
Turkey calls for patience in Iraqi energy sector

Turkey calls for patience in Iraqi energy sector

ANKARA, Turkey, Aug. 22 (UPI) --Turkish Energy Minister Taner Yildiz called for patience after a state-run energy company suspended drilling operations in Iraq as a security precaution.
Daniel J. Graeber
Scottish tidal array may be largest of its kind

Scottish tidal array may be largest of its kind

LONDON, Aug. 22 (UPI) --A $16.5 million investment in what may be the largest tidal array shows how Scotland and the British government can work together, a British official said.
Daniel J. Graeber
Maersk to lay off some Houston staff

Maersk to lay off some Houston staff

HOUSTON, Aug. 22 (UPI) --Oil services company Maersk Oil said it would diminish its workforce at its office in Houston, though it remains focused on developing deep U.S. waters.
Daniel J. Graeber
Native concerns over oil vetted in Canada

Native concerns over oil vetted in Canada

CALGARY, Alberta, Aug. 22 (UPI) --The Canadian government said it set the schedule to hear concerns from the aboriginal community about expansion of the Trans Mountain oil pipeline.
Daniel J. Graeber
Turkey takes bigger stake in Azeri gas project

Turkey takes bigger stake in Azeri gas project

ANKARA, Turkey, Aug. 22 (UPI) --State-run Turkish Petroleum Corporation said it secured $1 billion in loan agreements to take on French energy company Total's stake in an Azeri gas project.
Daniel J. Graeber
API: July banner month for U.S. oil sector

API: July banner month for U.S. oil sector

WASHINGTON, Aug. 22 (UPI) --Imports of petroleum products into the United States last month were the lowest they've been in 19 years, the American Petroleum Institute said.
Daniel J. Graeber
Scotland to model Norway's energy economy

Scotland to model Norway's energy economy

EDINBURGH, Scotland, Aug. 22 (UPI) --An independent Scotland could replicate the success of Norway when it comes to exploiting North Sea oil reserves, the Scottish energy minister said.
Daniel J. Graeber
Texas, N.D. oil push imports down

Texas, N.D. oil push imports down

HOUSTON, Aug. 21 (UPI) --Oil production from shale basins in North Dakota and Texas are the primary reason for a decline in U.S. oil imports, data published Thursday show.
Daniel J. Graeber
Shell committed to Ukrainian shale

Shell committed to Ukrainian shale

KIEV, Ukraine, Aug. 21 (UPI) --Russia's state media RIA Novosti said it's received word Royal Dutch Shell remains committed to shale gas reserves in Ukraine despite the violence.
Daniel J. Graeber
Gulf of Mexico auction draws $100 million in bids

Gulf of Mexico auction draws $100 million in bids

NEW ORLEANS, Aug. 21 (UPI) --An auction for acreage in the western Gulf of Mexico drew more than $100 million in high bids from energy companies, the Interior Department said.
Daniel J. Graeber
Gazprom Neft readies arctic oil shipments

Gazprom Neft readies arctic oil shipments

MOSCOW, Aug. 21 (UPI) --Russian oil company Gazprom Neft said Thursday it scheduled an oil shipment from a northern arctic port to European consumers by using a sea tanker.
Daniel J. Graeber
DNO committed to Kurdish oil

DNO committed to Kurdish oil

OSLO, Norway, Aug. 21 (UPI) --Norwegian energy company DNO said Thursday it remains committed to work in the Kurdish north of Iraq, despite evolving security concerns.
Daniel J. Graeber
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