HOUSTON, May 1 (UPI) -- A third oil field brought on line in the British waters of the North Sea produced more than 10,000 barrels of oil per day in early stages, Apache Corp. said.
WASHINGTON, May 1 (UPI) -- Oil reserves in the Bakken and Three Forks formations in the northern U.S. plains are nearly double previous estimates, the U.S. Geological Survey said.
MOSCOW, May 1 (UPI) -- Russian energy suppliers are sympathetic to Japan's need for natural gas following the Fukushima nuclear disaster, Russian President Vladimir Putin said.
STAVANGER, Norway, May 1 (UPI) -- Norway opened a base of operations to serve as a staging point for equipment used to respond to an offshore oil spill, Energy Minister Ola Borten Moe said.
BEIRUT, Lebanon, May 1 (UPI) -- The failure to form a new government might get in the way of Lebanon's offshore oil and gas ambitions, the caretaker energy minister said.
NEW ORLEANS, May 1 (UPI) -- U.S. regulators conducted a snap drill in the Gulf of Mexico to ensure measures are in place to respond to a major oil incident, a federal director said.
ABU DHABI, United Arab Emirates, May 1 (UPI) -- Abu Dhabi National Oil Co. has extended Royal Dutch Shell an invitation to take part in the development of the Bab sour natural gas field, the oil company said.
OSLO, Norway, May 1 (UPI) -- Foreign partners looking for options to deliver natural gas to European consumers need the best commercial project available, the Azeri energy minister said.
KIEV, Ukraine, May 1 (UPI) -- Ukraine's Parliament needs to lift a ban on the privatization of natural gas transmitter Naftogaz to tap its potential, Energy Minister Yuriy Boyko says.
SANTIAGO, Chile, April 30 (UPI) -- As Europe struggles with multiple eurozone crises and economic downturn, emergent Latin America is tilting toward the Pacific region as a potential major partner for its diverse inventory of commodities, processed goods, minerals and other raw materials.
SYDNEY, April 30 (UPI) -- Australia's coal sector could face a "carbon bubble" based on the internationally agreed-upon target of limiting global warming to 2 degrees Celsius, a new report warns.
TRIPOLI, Libya, April 30 (UPI) -- Libya's getting ready to launch an oil licensing round to boost production but there's skepticism the major African producer will be able to pull it off.
WASHINGTON, April 30 (UPI) -- The United States sent all of its crude oil exports to Canada in February and overseas imports declined, the U.S. Energy Department reported.
MOSCOW, April 30 (UPI) -- Profits for 2012 were down nearly 10 percent because of lower demand from European natural gas consumers and higher expenses, Russia's Gazprom reported.
LITTLE ROCK, Ark., April 30 (UPI) -- There's been a "toxic soup" hanging over residents in Mayflower, Ark., as a result of an Exxon Mobil oil pipeline accident, a citizen's group said.
LONDON, April 30 (UPI) -- BP expects to hand as much as $8 billion to shareholders in part because of the divestment from TNK-BP, Chief Executive Officer Bob Dudley said.
WASHINGTON, April 30 (UPI) -- U.S. consumers can expect to start pay more for gasoline as refiners start the shift to a summer fuel blends, the U.S. Energy Department said.
OSLO, Norway, April 30 (UPI) -- An investigation into a September incident at the offshore Ula field could have led to a major disaster for BP, the Norwegian oil safety authority said.
CALGARY, Alberta, April 30 (UPI) -- An agreement by Japan Petroleum Exploration Co. to take a 10 percent stake in gas assets in Canada is indicative of global interest, an executive said.
WELLINGTON, New Zealand, April 30 (UPI) -- New Zealand will offer a range of "promising opportunities" in May for investors interested in oil and natural gas exploration, the government said.
LJUBLJANA, Slovenia, April 30 (UPI) -- An environmental impact assessment of the planned route for the South Stream natural gas pipeline in Slovenia is nearly complete, Gazprom said.
SYDNEY, April 29 (UPI) -- China, the world's largest emitter of greenhouse gases, is demonstrating leadership in the fight against climate change, says a new report.
WASHINGTON, April 29 (UPI) -- A decision by a circuit court of appeals regarding disclosure issues tied to the oil industry and governments is a victory, Earthrights International said.
CALGARY, Alberta, April 29 (UPI) -- The Keystone XL oil pipeline from Canada will displace other forms of crude oil but it may happen later than expected, TransCanada's top executive said.
Sarah Jessica Parker arrives on the red carpet at the Costume Institute Benefit for the "PUNK: Chaos to Couture" exhibition at the Metropolitan Museum of Art in New York City on May 6, 2013. UPI/John Angelillo