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Statoil makes North Sea oil, gas discovery

Statoil makes North Sea oil, gas discovery

STAVANGER, Norway, April 11 (UPI) -- Norwegian energy company Statoil said Friday it made an oil and natural gas discovery in the Valemon North prospect in the North Sea.
Daniel J. Graeber
Kiev mulls next steps on Russian gas debt

Kiev mulls next steps on Russian gas debt

KIEV, Ukraine, April 11 (UPI) -- The Ukrainian government said Friday it was preparing documents to have its gas contracts with Russian energy company Gazprom revisited.
Daniel J. Graebere
Chevron solidifies deal for Argentinian shale

Chevron solidifies deal for Argentinian shale

SAN RAMON, Calif., April 11 (UPI) -- The Vaca Muerta shale reserve area in Argentina could become one of the strongest contributors to Chevron's production growth, its vice chairman said.
Daniel J. Graeber
Gazprom Neft helps Iraqi electricity capacity

Gazprom Neft helps Iraqi electricity capacity

MOSCOW, April 11 (UPI) -- Russian energy company Gazprom Neft said it will help keep the lights on in parts if Iraq by connecting the Badra field to an eastern provincial power station.
Daniel J. Graeber

BP to maintain footing in Gulf of Mexico

LONDON, April 11 (UPI) -- Despite the fourth anniversary of the Deepwater Horizon incident approaching, BP says it's committed to playing a major role in Gulf of Mexico operations
Daniel J. Graeber
OPEC gives poor marks for Kazakhstan's Kashagan field

OPEC gives poor marks for Kazakhstan's Kashagan field

VIENNA, April 10 (UPI) -- While oil supply from Kazakhstan has increased, its giant Kashagan oil field has "sucked in" major capital with little to show for it, OPEC said Thursday.
Daniel J. Graeber
Technip gets contract for gas utilization in Iraq

Technip gets contract for gas utilization in Iraq

PARIS, April 10 (UPI) -- French energy services contractor Technip said Thursday it was awarded a contract to help reduce the flaring of natural gas from Iraqi fields in Basra province.
Daniel J. Graeber
Japanese solar plant set for tsunami-damaged site

Japanese solar plant set for tsunami-damaged site

TOKYO, April 10 (UPI) -- Japanese conglomerate Marubeni Corp. said Thursday it started work on a solar power facility situated on land spoiled by the 2011 tsunami.
Daniel J. Graeber
Norway confirms sizable oil, gas discovery

Norway confirms sizable oil, gas discovery

STAVANGER, Norway, April 10 (UPI) -- The Norwegian Petroleum Directorate said Thursday at least 37 million barrels of oil and 2 million square feet of gas may be in the offshore Njord field.
Daniel J. Graeber
N.D. Sen. Hoeven gets tough on rail safety

N.D. Sen. Hoeven gets tough on rail safety

WASHINGTON, April 10 (UPI) -- The Department of Transportation needs new standards for rail cars carrying crude oil, and more action to prevent derailments, North Dakota's Sen. Hoeven said.
Daniel J. Graeber
Chevron production dinged by weather

Chevron production dinged by weather

SAN RAMON, Calif., April 10 (UPI) -- Lower oil and natural gas production from North American and Kazakhstan is expected to push first quarter profits lower, Chevron Corp. said.
Daniel J. Graeber
U.S. LNG exports a win-win, backers says

U.S. LNG exports a win-win, backers says

WASHINGTON, April 10 (UPI) -- A move to clear the backlog of permits for U.S LNG exports will protect its allies and stimulate the economy, the American Petroleum Institute said.
Daniel J. Graeber
Gazprom, CNPC mull gas pipeline options

Gazprom, CNPC mull gas pipeline options

BEIJING, April 10 (UPI) -- A contract to send Russian natural gas to the Chinese market should be signed by the end of the year, the chairman of Russian energy company Gazprom said.
Daniel J. Graeber
GDF Suez lauds North Sea oil, gas gains

GDF Suez lauds North Sea oil, gas gains

PARIS, April 10 (UPI) -- Developments in the British and Dutch waters of the North Sea are essential for production gains for GDF Suez, its executive vice president said.
Daniel J. Graeber
Russia says South Stream gas pipeline would help EU

Russia says South Stream gas pipeline would help EU

MOSCOW, April 10 (UPI) -- The planned South Stream natural gas pipeline for Europe is more important than ever given ongoing crises in Ukraine, the Russian envoy to the EU said.
Daniel J. Graeber
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