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House wants more energy in era of record production

House wants more energy in era of record production

A bill that passed through the U.S. House of Representatives will bring relief to consumers feeling the "squeeze" of high gasoline prices, backers say.
Daniel J. Graeber
EIA: Russia diversifying energy production

EIA: Russia diversifying energy production

Russia is looking to develop energy in hard-to-reach areas as legacy production falls from its peak, the U.S. Energy Information Administration found.
Daniel J. Graeber
No means yes for Scotland, energy companies say

No means yes for Scotland, energy companies say

After a "no" vote, British energy company BP said Friday it would work closely with the governments in Edinburgh and London to boost North Sea recovery.
Daniel J. Graeber
Gazprom: Europe our top priority

Gazprom: Europe our top priority

Though China is becoming an important business partner, the European market is the prime destination for Russian gas, the CEO of Gazprom said Friday.
Daniel J. Graeber
Exxon grabs more Permian shale

Exxon grabs more Permian shale

Exxon Mobil said it added to its portfolio in the Permian shale basin in Texas in exchange for a portion of its field operations in California.
Daniel J. Graeber
Russian bank boss feeling sanctions pain

Russian bank boss feeling sanctions pain

It will be "very hard" to maintain economic growth in Russia amid sanctions pressure on its energy sector, the head of Russia's largest bank said Friday.
Daniel J. Graeber
Algeria says U.S. relationship not bound to energy

Algeria says U.S. relationship not bound to energy

The Algerian foreign minister said from Washington bilateral ties with the United States are not limited exclusively to the energy sector.
Daniel J. Graeber
World banks: All financial hands on climate deck

World banks: All financial hands on climate deck

A Friday report released from the Philippines by six leading multinational development banks said a wide range of funding is needed to avert climate change.
Daniel J. Graeber
API: Oil imports at historic low

API: Oil imports at historic low

U.S. imports of crude oil in August were the lowest they've been in almost 20 years, the American Petroleum Institute said.
Daniel J. Graeber
More British wind energy capacity online

More British wind energy capacity online

A German energy company announced it opened a 32.8 megawatt wind farm in the United Kingdom, saying it adds to the nation's low-carbon legacy.
Daniel J. Graeber
Vote yes for oil, Scottish energy minister says

Vote yes for oil, Scottish energy minister says

A "yes" vote in Thursday's referendum will translate to vast oil wealth for an independent Scotland, the Scottish energy minister said as voting gets under way.
Daniel J. Graeber
Kinder Morgan eyes Maine for gas line

Kinder Morgan eyes Maine for gas line

Pipeline company Kinder Morgan announced it filed a proposal with authorities in Maine to expand natural gas capacity for the state.
Daniel J. Graeber
RWE Dea gets rights to tap offshore Egypt

RWE Dea gets rights to tap offshore Egypt

German energy company RWE Dea said it won the rights to explore two areas off the coast of Egypt it says will provide "promising opportunities."
Daniel J. Graeber
Scrap South Stream, Europe says

Scrap South Stream, Europe says

Members of the European Parliament passed a resolution Thursday calling for the cancellation of contracts for Russia's planned South Stream gas pipeline.
Daniel J. Graeber
Iraqi oil exports down more than 2 percent

Iraqi oil exports down more than 2 percent

Oil exports from the southern Iraqi port cities were 73.6 million barrels for August, the Iraqi Ministry of Oil declared Thursday.
Daniel J. Graeber
U.S. oil production up 10 percent year-on-year

U.S. oil production up 10 percent year-on-year

U.S. crude oil production for the second week in September was more than 10 percent higher than the previous year, government data show.
Daniel J. Graeber
Bakken giant Continental picks new COO

Bakken giant Continental picks new COO

Bakken oil player Continental Resources appointed an exploration director as its new president after former boss Rick Bott resigned to pursue other interests.
Daniel J. Graeber
ADB behind Pakistani energy overhaul

ADB behind Pakistani energy overhaul

The Asian Development Bank stands behind an energy overhaul in Pakistan, though Islamabad needs to do its part to shore up financing, the ADB president said.
Daniel J. Graeber
EBRD: Sanctions hurting Russia

EBRD: Sanctions hurting Russia

Sanctions imposed in response to the situation in eastern Ukraine have resulted in a loss of business confidence in Russia, a European bank said Thursday.
Daniel J. Graeber
Chinese shale gas growth slow but steady

Chinese shale gas growth slow but steady

Though off to a slow start, the Chinese government said it expected gas production from shale will eventually make up about 20 percent of total output.
Daniel J. Graeber
Eni makes major oil find in Ecuador

Eni makes major oil find in Ecuador

Italian energy company Eni said Thursday it made an oil discovery in Ecuador that could hold as much as 300 million barrels in place.
Daniel J. Graeber
Wood Mac: All energy eyes on Scottish vote

Wood Mac: All energy eyes on Scottish vote

Energy companies working in the North Sea need a sense of fiscal confidence no matter how the Scottish referendum turns out, Wood Mackenzie said Wednesday.
Daniel J. Graeber
$3 gas could make a comeback

$3 gas could make a comeback

Analyses from GasBuddy and AAA show U.S. retail gasoline prices are plummeting and could reach $3 per gallon in some markets by the end of the year.
Daniel J. Graeber
British company gives up on Polish shale

British company gives up on Polish shale

3Legs Resources, a company exploring the shale natural gas potential in Poland, said Wednesday it was giving up because of a lack of commercial prospects.
Daniel J. Graeber
Tony Hayward: Kurdish oil sector open for business

Tony Hayward: Kurdish oil sector open for business

The Kurdish north of Iraq is secured and positioned to become a global leader in the energy sector, the top executive at Genel Energy said from Istanbul.
Daniel J. Graeber
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