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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
Shale boosts outlook for Whiting Petroleum

Shale boosts outlook for Whiting Petroleum

DENVER, July 31 (UPI) --Production from shale basins in the Northern Plains reached record levels in the second quarter, Whiting Petroleum Corp. declared.
Daniel J. Graeber
Shell rebounds with strong second quarter

Shell rebounds with strong second quarter

AMSTERDAM, Netherlands, July 31 (UPI) --Though second quarter performance was better for Royal Dutch Shell, its top director said Thursday he wanted even better results going forward.
Daniel J. Graeber
Eni posts strong second quarter

Eni posts strong second quarter

MILAN, Italy, July 31 (UPI) --Italian energy company Eni said Thursday it doubled its net profit during the second quarter despite a poor market environment in the European refining sector.
Daniel J. Graeber
New gas processing slated for North Dakota

New gas processing slated for North Dakota

BISMARCK, N.D., July 31 (UPI) --An agreement from ONEOK Partners to build a natural gas processing plant in North Dakota helps the state reduce flaring, the state's governor said.
Daniel J. Graeber
Rosneft inks North Atlantic drilling contract

Rosneft inks North Atlantic drilling contract

ROSNEFT, Russia, July 31 (UPI) --Russian oil company Rosneft said it signed a $4.25 billion deal to secure drilling rigs from North Atlantic Drilling Ltd. for work in harsh offshore areas.
Daniel J. Graeber
Kurds react to U.S. oil cargo

Kurds react to U.S. oil cargo

ERBIL, Iraq, July 30 (UPI) --The federal government of Iraq can't win its claims in the U.S. court system against Kurdish oil exports, the Kurdish natural resources minister said Wednesday.
Daniel J. Graeber
Rosneft reviews next steps following sanctions

Rosneft reviews next steps following sanctions

MOSCOW, July 30 (UPI) --Russian oil company Rosneft said it may have to postpone some projects because of "volatility" associated with economic sanctions.
Daniel J. Graeber
Tullow: Strong momentum despite loss

Tullow: Strong momentum despite loss

LONDON, July 30 (UPI) --Tullow Oil said Wednesday it was in a good position to end 2014 on a high note because of strong production gains in Africa despite poor financial results.
Daniel J. Graeber
Hess plans IPO to fund Bakken plans

Hess plans IPO to fund Bakken plans

NEW YORK, July 30 (UPI) --Hess Corp. said Wednesday it would use a new corporate structure to support its growth objectives in the Bakken oil reserve area of North Dakota.
Daniel J. Graeber
U.S. takes steps to curb natural gas footprint

U.S. takes steps to curb natural gas footprint

WASHINGTON, July 30 (UPI) --The Sierra Club said Energy Department steps to reduce methane emissions tied to the natural gas sector are vital tools in the fight against climate change.
Daniel J. Graeber
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