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Brent continues march toward $87 per barrel

Brent continues march toward $87 per barrel

NEW YORK, Oct. 22 (UPI) -- Brent crude oil prices for December delivery continued their rally, inching closer to the $87 per barrel mark in trading Wednesday.
Daniel J. Graeber
Russian inflation spikes on sanctions pressure

Russian inflation spikes on sanctions pressure

MOSCOW, Oct. 22 (UPI) -- Economic pressure on Russia's energy sector is taking its toll as the annual inflation rate topped the 8 percent mark, the Russian Central Bank said Wednesday.
Daniel J. Graeber
Greenpeace rallying EU climate leaders

Greenpeace rallying EU climate leaders

MADRID, Oct. 22 (UPI) -- Advocacy group Greenpeace said Wednesday it parked its protest vessel Arctic Sunrise off the Spanish coast to pressure European leaders on climate reforms.
Daniel J. Graeber
Patrick Pouyanne named as Total CEO

Patrick Pouyanne named as Total CEO

PARIS, Oct. 22 (UPI) -- French energy company Total said Wednesday it named former refining director Patrick Pouyanne as chief executive following the death of Christophe de Margerie.
Daniel J. Graeber
U.S. emissions up after last year's brutal winter

U.S. emissions up after last year's brutal winter

WASHINGTON, Oct. 22 (UPI) -- The amount of carbon dioxide emitted from energy use in the United States increased last year because of the brutal winter, the Energy Department said.
Daniel J. Graeber
West out of step on Ukraine, Kremlin says

West out of step on Ukraine, Kremlin says

MOSCOW, Oct. 22 (UPI) -- Geopolitical tensions over Ukraine are a result of Western efforts to preserve long-standing regional divisions, the Russian foreign minister said Wednesday.
Daniel J. Graeber
Report: Fracking in California dirty business

Report: Fracking in California dirty business

LOS ANGELES, Oct. 22 (UPI) -- More than 30 percent of Californians living near oil and gas wells reside in areas already heavily polluted, the Natural Resources Defense Council said.
Daniel J. Graeber
Shell finds gas off the coast of Gabon

Shell finds gas off the coast of Gabon

THE HAGUE, Netherlands, Oct. 22 (UPI) -- Shell announced Wednesday it made a substantial discovery of natural gas in the deep waters off the coast of the West African nation of Gabon.
Daniel J. Graeber
U.S. mulls oil, gas lease offshore Alaska

U.S. mulls oil, gas lease offshore Alaska

WASHINGTON, Oct. 22 (UPI) -- The U.S. federal government said it plans to prepare an impact statement in support off a possible oil and gas lease sale in Cook Inlet, off the Alaskan coast.
Daniel J. Graeber
Texas plant converts CO2 to baking soda

Texas plant converts CO2 to baking soda

AUSTIN, Texas, Oct. 22 (UPI) -- The U.S. Department of Energy said a cement plant in Texas is now converting carbon dioxide into useful commercial products using first-of-its-kind technology.
Daniel J. Graeber
Brent, WTI both posting gains

Brent, WTI both posting gains

NEW YORK, Oct. 21 (UPI) -- Brent and West Texas Intermediate for November delivery both showed gains in trading Tuesday, with Brent showing sustained growth from an earlier session.
Daniel J. Graeber
EIA: Consumers spending less on energy

EIA: Consumers spending less on energy

WASHINGTON, Oct. 21 (UPI) -- Better fuel efficiencies and a change in fuels used for home heating means most people are spending less on energy than before, the U.S. Energy Department said.
Daniel J. Graeber
Official: Iran's economy too vulnerable to oil market

Official: Iran's economy too vulnerable to oil market

TEHRAN, Oct. 21 (UPI) -- The Iranian government should work to take oil revenue out of its total budget to protect the economy from market dynamics, a commissioner said Tuesday.
Daniel J. Graeber
Russia, EU energy chiefs meet one-on-one

Russia, EU energy chiefs meet one-on-one

BRUSSELS, Oct. 21 (UPI) -- The Russian government said Tuesday its representatives met separately with the European energy commissioner before talks about the Ukrainian gas crisis.
Daniel J. Graeber
Statoil makes oil find in North Sea

Statoil makes oil find in North Sea

STAVANGER, Norway, Oct. 21 (UPI) -- Norwegian energy company Statoil said Tuesday it found at least 30 million barrels of oil in the Grane area in the Norwegian waters of the North Sea.
Daniel J. Graeber
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