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U.S. sinks $25 million in funding for renewables

U.S. sinks $25 million in funding for renewables

WASHINGTON, Oct. 30 (UPI) -- The U.S. Energy Department said it released $25 million in funding for the advance of wave and solar energy, with solar setting installation records.
Daniel J. Graeber
U.S. average gas price headed below $3

U.S. average gas price headed below $3

WASHINGTON, Oct. 30 (UPI) -- A division of the U.S. Energy Department said the national average retail price for a gallon of regular unleaded gasoline could soon move below the $3 mark.
Daniel J. Graeber
Texas company pays heavily for 2010 spill

Texas company pays heavily for 2010 spill

DALLAS, Oct. 30 (UPI) -- The spill of about 2,200 barrels of oil into a Texas wetland area in 2010 will coast Superior Crude Gathering Inc. more than $1 million, the EPA said.
Daniel J. Graeber
WTI, Brent follow stock indices upward

WTI, Brent follow stock indices upward

NEW YORK, Oct. 29 (UPI) -- Crude oil prices rallied Wednesday along with major global stock indices on word the U.S. Federal Reserve sees its stimulus polices having an impact.
Daniel J. Graeber
Non-oil exports grow for Iran

Non-oil exports grow for Iran

TEHRAN, Oct. 29 (UPI) -- Iran earned 20 percent more from non-oil exports during the first five months of the calendar year than it did last year, customs data released Wednesday show.
Daniel J. Graeber
Rosneft defiant amid sanctions pressure

Rosneft defiant amid sanctions pressure

MOSCOW, Oct. 29 (UPI) -- A Russian government spokesman said Wednesday there was no truth about clams oil company Rosneft was looking for protection against Western sanctions.
Daniel J. Graeber
U.S. crude oil imports down 15 percent

U.S. crude oil imports down 15 percent

WASHINGTON, Oct. 29 (UPI) -- Total U.S. crude oil imports for the first nine months of the year are down 15 percent from two years ago, Energy Information Administration data show.
Daniel J. Graeber
Total vows to continue de Margarie's legacy

Total vows to continue de Margarie's legacy

PARIS, Oct. 29 (UPI) -- The new chief executive officer at French energy company Total said Wednesday he'd work to cut costs and increase value as crude oil prices slip.
Daniel J. Graeber
Canada 'impressed' with Keystone XL vetting

Canada 'impressed' with Keystone XL vetting

OTTAWA, Oct. 29 (UPI) -- The Canadian government is "impressed" with the State Department's vetting of the Keystone XL oil pipeline, Canadian Foreign Minister John Baird said.
Daniel J. Graeber
Technip gets Indonesia offshore contract

Technip gets Indonesia offshore contract

PARIS, Oct. 29 (UPI) -- French engineering company Technip said Wednesday it secured a contract to help Chevron develop its deepwater oil prospect off the coast of Indonesia.
Daniel J. Graeber
U.K., Singapore lock step on climate fight

U.K., Singapore lock step on climate fight

LONDON, Oct. 29 (UPI) -- The governments of the United Kingdom and Singapore said they would work together to try to broker a new climate agreement at a U.N. summit in Paris next year.
Daniel J. Graeber
Hess to tap into deep Gulf of Mexico waters

Hess to tap into deep Gulf of Mexico waters

NEW YORK, Oct. 29 (UPI) -- Upstream-focused energy company Hess Corp. said it launched development plans for its deepwater Stampede project in the Gulf of Mexico.
Daniel J. Graeber
India, Vietnam eye gas in disputed South China Sea

India, Vietnam eye gas in disputed South China Sea

NEW DELHI, Oct. 29 (UPI) -- Indian and Vietnamese energy companies announced memorandum of understanding were signed for exploration in the disputed waters of the South China Sea.
Daniel J. Graeber
WTI bounces back above $80 per barrel

WTI bounces back above $80 per barrel

NEW YORK, Oct. 28 (UPI) -- West Texas Intermediate crude oil prices bounced back above the $80 mark for Tuesday, though long-term contracts show a steady level below that threshold.
Daniel J. Graeber
BP hurt by Russian economic downturn

BP hurt by Russian economic downturn

LONDON, Oct. 28 (UPI) -- British energy company BP said Tuesday the depreciation of the Russian currency in part had a "significant impact" on third quarter results.
Daniel J. Graeber
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