NEW DELHI, Dec. 17 (UPI) -- Officials from India and Iran met Wednesday in New Delhi to discuss moving forward with plans to develop the Iran-Pakistan-India natural gas pipeline.
MOSCOW, Dec. 17 (UPI) -- Energy monopoly Gazprom signed a six-year deal with the Russian nuclear regulatory agency to develop offshore natural resources, documents show.
ANKARA, Turkey, Dec. 17 (UPI) -- Turkey will purchase natural gas from neighboring Iran and Iraq for the Nabucco pipeline to European markets, the Turkish president said.
RIYADH, Saudi Arabia, Dec. 17 (UPI) -- Oil export revenues for Saudi Arabia are expected to decline by more than 40 percent for 2009 on declining prices and lower production, banking officials said.
BAKU, Azerbaijan, Dec. 17 (UPI) -- Azeri developers at the Shah Deniz gas field denied reports that concepts for Phase II development of the offshore field were chosen, officials said Wednesday.
MIAMI, Dec. 16 (UPI) -- Brazilian lawmakers are preparing to reform the country's oil laws following several promising offshore discoveries, though the ratification of the new law likely will not take place until the new year, according to officials and experts.
MOSCOW, Dec. 16 (UPI) -- Top Russian officials are expected to hold talks Tuesday with OPEC ministers to discuss production quotas ahead of a meeting in Algeria with the oil cartel.
HOUSTON, Dec. 16 (UPI) -- Texas-based ExxonMobil said it plans $1 billion in upgrades to three of its refineries amid a spiraling decline in the global economy, executives said.
TEHRAN, Dec. 16 (UPI) -- Iran may be forced to cut oil production by 25 percent by 2015, as a lack of investments plagues declining infrastructure, forecasts say.
MOSCOW, Dec. 16 (UPI) -- Gazprom may be forced to court foreign investors to move forward on the Nord Stream pipeline to Germany amid declining revenue, executives say.
ASTANA, Kazakhstan, Dec. 16 (UPI) -- The state-owned oil and gas company in Kazakhstan, KazMunaiGas, moved on projects involving local firms for the first time in corporate history.
Energy took center stage in Congress this year with policymakers battling over domestic oil drilling and carbon emissions reductions amid volatile oil prices and a plummeting economy. A review of legislative action throughout 2008 tells a story predominantly of inaction, reaping mixed ratings from industry representatives, economists and energy experts.
President-elect Barack Obama's energy team leaders received votes of approval from a number of quarters Tuesday, although not everyone's happy about their policy stances.
YUZHNO-SAKHALINSK, Russia, Dec. 15 (UPI) -- Production facilities at Aniva Bay in the south of Russia's Sakhalin Island in the North Pacific began year-round exports, Royal Dutch Shell said.
MOSCOW, Dec. 15 (UPI) -- Russian state records released Monday indicate national oil production from January to October dropped by 0.6 percent compared with 2007.
DOHA, Qatar, Dec. 15 (UPI) -- The economy in Qatar is expected to expand in 2009 because of large-scale investments in domestic infrastructure and exports in liquefied natural gas.
ABU DHABI, United Arab Emirates, Dec. 15 (UPI) -- Natural gas production in the United Arab Emirates rose by 353 billion cubic feet per year since 2003 in an effort to meet domestic consumption, officials say.
A contortionist performs on the red-carpeted steps of the Palais des Festivals before the screening of the film "Holy Motors" during the 65th annual Cannes International Film Festival in Cannes, France on May 23, 2012. UPI/David Silpa
