Energy Resources

ALGIERS, Algeria, Nov. 26 (UPI) -- Algeria's state-owned power company Sonelgaz signed a deal with U.S.-based GE Energy.

VIENNA, Nov. 26 (UPI) -- Officials with the International Energy Agency said Wednesday oil-producing states should take a close look at the economy before deciding on production quotas.

MOSCOW, Nov. 26 (UPI) -- Russian energy giant Gazprom and Ukrainian state-owned Naftogaz agreed to a settlement calling on Kiev to settle a portion of its debt by Dec. 1.

Shell looks at Iraqi oil deal; Occidental explores in Oman; Cyprus accuses Turkey of meddling in its oil.

MIAMI, Nov. 26 (UPI) -- Russian oil companies are expressing an interest in tapping Cuba's offshore oil potential ahead of an official state visit by Russian President Dmitry Medvedev.

KUWAIT CITY, Nov. 25 (UPI) -- The state-run Kuwait Oil Co. has invited 22 developers to bid on export pipeline contracts from planned facilities in the west of the country.

Geological formations could hold more than 1,000 years of carbon dioxide emissions from U.S. power plants and other emitters, keeping the gas out of the atmosphere, a government report estimates.

The Kurdish separatist group PKK has claimed responsibility for bombing the Turkish side of the oil pipeline linking Iraq's northern oil fields to the Ceyhan, Turkey, export hub. It's not the first time the PKK has targeted Turkey's energy sector but marks new ground as it is Iraq's oil that went ablaze and means Iraq's government will have to take more seriously Turkey's complaints.

VIENNA, Nov. 25 (UPI) -- Gas transport arteries through Azerbaijan will be available for Turkmenistan to transport its natural resources to European markets, officials said Tuesday.

MOSCOW, Nov. 25 (UPI) -- Energy producers Gazprom Neft and TNK-BP said they would appeal fines imposed by the Russian Federal Anti-Monopoly Service for falsely inflating prices.

WASHINGTON, Nov. 25 (UPI) -- A recent drop in the use of electricity in the United States has utilities concerned.

MOSCOW, Nov. 25 (UPI) -- Russian gas monopoly Gazprom filed a lawsuit at an international court in Stockholm to force Ukraine to settle a $2.4 billion gas debt, officials said.

BERLIN, Nov. 25 (UPI) -- Germany's dependence on energy imports has increased since 2007.

MADRID, Nov. 25 (UPI) -- Spanish oil refiner Repsol backed out of a deal with Russian energy firm LUKoil over concerns expressed by the central government.

PORTLAND, Ore., Nov. 25 (UPI) -- U.S. researchers at Oregon State University are studying ways to get steady power from wind.