AUCKLAND, New Zealand, Nov. 19 (UPI) -- New Zealand-based Greymouth Petroleum won rights to explore in four permits covering 3,475 square miles in the area near Chile's Straits of Magellan.
WASHINGTON, Nov. 19 (UPI) -- A new report from the Worldwatch Institute offers a note of optimism amid the torrent of bad news about China's energy and environmental woes.
RIYADH, Saudi Arabia, Nov. 20 (UPI) -- Geopolitics and petropolitics charged the OPEC summit while the cartel defended itself against charges it was to blame for high oil prices and Saudi Arabia promoted itself.
PREECEVILLE, Saskatchewan, Nov. 16 (UPI) -- Nordic Oil and Gas Ltd. said samples from oil seeps in Preeceville, Saskatchewan, identified the presence of oil in the first samples received.
BERLIN, Nov. 16 (UPI) -- Two major European energy players have recently linked up with Gazprom for large electricity projects in Russia and Europe. Some politicians fear Europe's energy security is suffering as a consequence.
RIYADH, Saudi Arabia, Nov. 16 (UPI) -- When the price of oil shoots up, the world's consumers put the bulls-eye on the producers' cartel. OPEC Secretary General Abdalla Salem El-Badri told United Press International the target should be a swath of factors holding the price above $90 per barrel, but not OPEC's supply of oil.
RIYADH, Saudi Arabia, Nov. 16 (UPI) -- Oil companies are welcome to Iraq, Oil Minister Hussain al-Shahristani said, except for the "opportunist" firms already in Iraqi Kurd territory.
RIYADH, Saudi Arabia, Nov. 16 (UPI) -- Iraq is producing nearly 2.5 million barrels per day, a giant step forward, as the security situation improves, its oil minister said.
In a small but significant move, the Azeri government is reaching out to its Capsian neighbors Kazakhstan and Russia as the ongoing development there produces a financial windfall for all.
SHAYBAH, Saudi Arabia, Nov. 15 (UPI) -- If you're counting heads, Saudi Arabia's Empty Quarter is aptly titled. But barrel for barrel, there's more oil below the red sand dunes of Shaybah than in all of Mexico or Canada -- the two biggest oil suppliers to the United States -- or each of the four smallest members of OPEC.
WASHINGTON, Nov. 15 (UPI) -- On Nov. 7 Georgian President Mikheil Saakashvili declared a 15-day state of emergency; the announcement is ominous for energy markets.
Canada's Prime Minister Stephen Harper and his wife Laureen decide who should control their umbrella as they wait for the arrival of Prince Charles and his wife Camilla the Duchess of Cornwall for the Government of Canada concert and reception at the RCMP Depot in Regina, Saskatchewan on May 23, 2012 during the third leg of the 2012 Royal Tour to Canada part of Queen Elizabeth's Diamond Jubilee celebrations. UPI Photo /Heinz Ruckemann