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Energy News
Energy News
// 6 years ago
Oil gives up gains with Libya factored in
Dec. 27 (UPI) -- Crude oil prices reversed course on Wednesday to turn negative on the prospects of more oil coming out of the North Sea.
Energy News
// 6 years ago
Libya out at least 70,000 barrels of oil per day
Dec. 27 (UPI) -- A Libyan company said it expects to be out at least 70,000 barrels of oil per day because of an explosion at a pipeline feeding the nation's largest oil depot.
Energy News
// 6 years ago
Natural gas production starts in Peru
Dec. 27 (UPI) -- Spanish energy company Repsol said natural gas production started at a site in Peru that has the reserve equivalent of a quarter of the nation's demand.
Energy News
// 6 years ago
Gazprom sees Chinese gas pipeline online in two years
Dec. 27 (UPI) -- China will start getting natural gas directly from Russia through the Power of Siberia pipeline in less than two years, the chairman of Gazprom said.
Energy News
// 6 years ago
New LNG bunkering port possible for Thailand
Dec. 27 (UPI) -- A Japanese energy company said Wednesday it was studying the possibility of working with a partner in Thailand on a plan for a port for LNG refueling.
Energy News
// 6 years ago
Texas oil and gas trade group praises U.S. tax overhaul
Dec. 27 (UPI) -- Without key provisions in the Republican-led tax act, a Texas oil and gas trade group said the 20 percent of oil produced by smaller companies would be at risk.
Energy News
// 6 years ago
New oil coming out of North Sea
Dec. 27 (UPI) -- Tens of thousands of barrels of new oil are now coming from the Catcher development off the northeast coast of Scotland, Premiere Oil said Wednesday.
Energy News
// 6 years ago
Oil prices up slightly as U.S. drillers pause new rigs
Dec. 26 (UPI) -- The holiday is still ongoing in many countries, but oil prices continued a slow upward climb Tuesday as the world returns to work after Christmas.
Energy News
// 6 years ago
North Sea pipeline sending oil slightly lower
Dec. 22 (UPI) -- Concerns about how long U.S. shale oil production can keep up the pace and the pending restart of a North Sea pipeline sent oil prices lower on Friday.
Energy News
// 6 years ago
Eni says Kazakh agreement moves it closer to exploration
Dec. 22 (UPI) -- Italian energy company Eni said Friday it grabbed a stronger hold over a reservoir in Kazakhstan it said has a "significant" potential for oil resources.
Energy News
// 6 years ago
Fitch: LNG market getting crowded
Dec. 22 (UPI) -- The markets for liquefied natural gas will likely be oversupplied over the next few years, leaving funding at a premium, notably for Russia, Fitch Ratings said.
Energy News
// 6 years ago
French company ENGIE lays out 5.2 GW renewable goal
Dec. 22 (UPI) -- Another 500 megawatts of onshore wind and solar power will be in the portfolio of a French joint venture, energy company ENGIE said Friday.
Energy News
// 6 years ago
BP, Rosneft deal gives Russia a gas export edge
Dec. 22 (UPI) -- A move by BP into a Russian natural gas field gives Russian energy company Rosneft a lift in Chinese and Europe export efforts, an analyst said.
Energy News
// 6 years ago
Harvey didn't derail Houston's economy
Dec. 22 (UPI) -- Hurricane Harvey caused around $70 billion in direct damage and 22,000 lost jobs, but didn't derail long-term economic momentum, a federal reserve bank said.
Energy News
// 6 years ago
Canada agrees to monitor oil sands impact
Dec. 22 (UPI) -- Monitoring the potential environmental impacts of oil sands development using the best available science is a Canadian priority, officials said.
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