MOSCOW, Dec. 15 (UPI) -- LUKoil, the largest oil producer in Russia, said Monday declining oil prices and the faltering world economy forced it to cut back on several projects.
POZNAN, Poland, Dec. 12 (UPI) -- Politicians hailed as a breakthrough a deal on climate change that EU leaders struck Friday in Brussels, but environmental groups called it a sellout.
VIENNA, Dec. 12 (UPI) -- The Organization of Petroleum Exporting Countries is likely to announce further production cuts at its meeting in Algeria next week, sources say.
PRAGUE, Czech Republic, Dec. 12 (UPI) -- Moving ahead with the planned Nabucco gas pipeline will not happen without solidarity from the entire European Union, the Czech prime minister warned.
BRUSSELS, Dec. 12 (UPI) -- Expansions for the Baltic Pipeline System may be a political move for Russia due to the financial constraints on the project, analysts say.
BAKU, Azerbaijan, Dec. 12 (UPI) -- An affiliate of the state-owned energy company of Azerbaijan will transport 1.6 billion cubic feet of natural gas per year to Georgia, executives said Friday.
NEW DELHI, Dec. 12 (UPI) -- Iranian media reports suggest top officials from India have expressed their interest in pursuing negotiations on the Iran-Pakistan-India gas pipeline.
POZNAN, Poland, Dec. 12 (UPI) -- Delegates were wrapping up a U.N. climate conference Friday by trying to find a compromise on a fund aimed at helping the poor cope with global warming.
POZNAN, Poland, Dec. 12 (UPI) -- Former U.S. Vice President Al Gore Friday called on world leaders to become more involved in hammering out a global climate deal, amid hopes that the United States will take the lead starting next year.
WASHINGTON, Dec. 11 (UPI) -- As the global economy slides into recession and energy prices fall, Russia is cutting oil export taxes by nearly $100 a barrel to assist the nation's energy firms. Last month's unexpected steep decline in oil prices led Russian energy producers to actually lose money until the new tariff went into effect on Dec. 1.
Green jobs and clean-energy technology can revitalize the U.S. economy while enhancing energy security and cutting carbon emissions, experts told federal policymakers yesterday.
PARIS, Dec. 11 (UPI) -- Board members with the Anglo-Russian merger TNK-BP met in Paris Thursday to discuss replacing embattled Chief Executive Robert Dudley, sources said.
MOSCOW, Dec. 11 (UPI) -- The largest oil producer in Russia, LUKoil, posted a net income for the third quarter that was 40 percent higher, $3.47 billion, than the same period last year.
MOSCOW, Dec. 11 (UPI) -- Russia plans to synchronize its oil production with OPEC member states in announcing major cuts in output levels next week, officials said.
PARIS, Dec. 11 (UPI) -- The International Energy Agency said Thursday oil output from major producing nations fell by slightly more than 31 million barrels in November.
BELGRADE, Serbia, Dec. 11 (UPI) -- Serbian President Boris Tadic is planning a high-level visit to Moscow Dec. 17 to sign three energy deals with Gazprom that include the South Stream pipeline.
POZNAN, Poland, Dec. 11 (UPI) -- U.N. Secretary-General Ban Ki-moon at a U.N. climate conference Thursday called for a "green New Deal" to save the economy and stop global warming. With Barack Obama, he may get a new partner to make that proposal reality.
POZNAN, Poland, Dec. 11 (UPI) -- U.S. President-elect Barack Obama's man at a U.N. climate conference in Poland said the United States and Europe could jointly lead on climate protection.
Surfers ride the waves at Fort Point by the south tower of the Golden Gate Bridge in San Francisco on May 24, 2012. The bridge is set for its 75th anniversary celebration on May 27. UPI/Terry Schmitt