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WTI, Brent search for traction

WTI, Brent search for traction

NEW YORK, Oct. 30 (UPI) -- Crude oil prices indices moved down in parity Thursday following reports that OPEC output would hold steady and U.S. production had increased marginally.
Daniel J. Graeber
Shell: 'Slimmed-down' position creating value

Shell: 'Slimmed-down' position creating value

THE HAGUE, Netherlands, Oct. 30 (UPI) -- Good results for third quarter 2014 show Royal Dutch Shell can create value from a streamlined portfolio, Chief Executive Officer Ben van Beurden said Thursday.
Daniel J. Graeber
TransCanada: Energy East pipeline application submitted

TransCanada: Energy East pipeline application submitted

QUEBEC CITY, Oct. 30 (UPI) -- Pipeline planner TransCanada Corp. said Thursday it filed a formal application for its Energy East pipeline project for eastern Canadian oil refineries.
Daniel J. Graeber
Ukrainian gas deal 'within reach,' Europe says

Ukrainian gas deal 'within reach,' Europe says

BRUSSELS, Oct. 30 (UPI) -- An agreement meant to settle longstanding gas disputes between Russia and Ukraine is "within reach," the president of the European Commission said Thursday.
Daniel J. Graeber
Eni makes major oil find offshore Congo

Eni makes major oil find offshore Congo

MILAN, Italy, Oct. 30 (UPI) -- Italian energy company Eni said Thursday it made a significant oil discovery at a basin off the western coast of the Congolese republic.
Daniel J. Graeber
Texas oil production tops 2.2 million bpd

Texas oil production tops 2.2 million bpd

AUSTIN, Texas, Oct. 30 (UPI) -- Crude oil production for Texas was up more than 20 percent year-on-year to just over 2.2 million barrels per day, a state regulator said.
Daniel J. Graeber
Algeria's Sonatrach to probe offshore energy

Algeria's Sonatrach to probe offshore energy

ALGIERS, Algeria, Oct. 30 (UPI) -- Algerian energy company Sonatrach announced plans to carry out its first ever offshore drilling campaign by the end of next year.
Daniel J. Graeber
U.S. sinks $25 million in funding for renewables

U.S. sinks $25 million in funding for renewables

WASHINGTON, Oct. 30 (UPI) -- The U.S. Energy Department said it released $25 million in funding for the advance of wave and solar energy, with solar setting installation records.
Daniel J. Graeber
U.S. average gas price headed below $3

U.S. average gas price headed below $3

WASHINGTON, Oct. 30 (UPI) -- A division of the U.S. Energy Department said the national average retail price for a gallon of regular unleaded gasoline could soon move below the $3 mark.
Daniel J. Graeber
Texas company pays heavily for 2010 spill

Texas company pays heavily for 2010 spill

DALLAS, Oct. 30 (UPI) -- The spill of about 2,200 barrels of oil into a Texas wetland area in 2010 will coast Superior Crude Gathering Inc. more than $1 million, the EPA said.
Daniel J. Graeber
WTI, Brent follow stock indices upward

WTI, Brent follow stock indices upward

NEW YORK, Oct. 29 (UPI) -- Crude oil prices rallied Wednesday along with major global stock indices on word the U.S. Federal Reserve sees its stimulus polices having an impact.
Daniel J. Graeber
Non-oil exports grow for Iran

Non-oil exports grow for Iran

TEHRAN, Oct. 29 (UPI) -- Iran earned 20 percent more from non-oil exports during the first five months of the calendar year than it did last year, customs data released Wednesday show.
Daniel J. Graeber
Rosneft defiant amid sanctions pressure

Rosneft defiant amid sanctions pressure

MOSCOW, Oct. 29 (UPI) -- A Russian government spokesman said Wednesday there was no truth about clams oil company Rosneft was looking for protection against Western sanctions.
Daniel J. Graeber
U.S. crude oil imports down 15 percent

U.S. crude oil imports down 15 percent

WASHINGTON, Oct. 29 (UPI) -- Total U.S. crude oil imports for the first nine months of the year are down 15 percent from two years ago, Energy Information Administration data show.
Daniel J. Graeber
Total vows to continue de Margarie's legacy

Total vows to continue de Margarie's legacy

PARIS, Oct. 29 (UPI) -- The new chief executive officer at French energy company Total said Wednesday he'd work to cut costs and increase value as crude oil prices slip.
Daniel J. Graeber
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