Headlines

UPI Energy Watch

Hurricane Ike does little long-term damage to Gulf energy installations; India, Bangladesh discuss Bay of Bengal rights; Nigerian militants upped their attacks on oil.

UPI Energy Watch

Brazil's Petrobras has found oil; oil exploration has begun in Guyana; Peru issues oil contracts.

UPI Energy Watch

British gas major BG gives up on Origin Energy; Iran will take oil and gas field bids; NASA estimates carbon scenarios.

UPI Energy Watch

China's pipeline project will use GE energy; BHP Billiton Ltd. evacuates Gulf of Mexico employees; Indonesia seeks oil deal in Iran.

UPI Energy Watch

Shell to sign groundbreaking energy deal in Iraq; oil majors report Ike evacuations in Gulf of Mexico; Russia to join Myanmar's search for oil and gas.

UPI Energy Watch

Iran, Venezuela urge OPEC to cut production; Turkey, Azerbaijan meet on oil and gas; ConocoPhillips invests big in Australia.

UPI Energy Watch

European Union to push Azerbaijan pipeline; France's GDF SUEZ acquires North Sea assets; Total signs three oil and gas agreements in Syria.

UPI Energy Watch

Nigeria signs memorandum of understanding with Russia's Gazprom; Australia's BHP Billiton Ltd. is still closed in the Gulf of Mexico; Zion Oil and Gas Inc. will drill in Israel.

UPI Energy Watch

Oil prices fell as Gustav fears receded; Turkey worries over Russian gas supply; Petrobras working to extract subsalt reserves

UPI Energy Watch

Oil and gas prices settle following Gustav; China, Turkmenistan work on energy; New Zealand Oil and Gas set to explore offshore

UPI Energy Watch

Oil prices spike as Gulf of Mexico production slows; New Zealand Oil and Gas profits are up on Tui field; Iraq and China sign an oil contract.

UPI Energy Watch

Oil prices near $120 on storm fears; Bahrain's oil refinery output is up 4 percent; new oil and gas are found in Indonesia.

UPI Energy Watch

Hurricane Gustav holds up oil prices; U.N. urges nations to drop fuel subsidies; ONGC, Imperial Energy settle on deal

UPI Energy Watch

Oil prices fall after BTC pipeline resumes; India's ONGC makes new discoveries and a bid; Norway's StatoilHydro reports more oil in the North Sea.

UPI Energy Watch

Eased tensions mean oil prices steady; Bolivia locks down its oil and gas; Iran is seeking Caspian Sea investors.

UPI Energy Watch

Oil prices jump after weeks of declining; China, Iran to discuss energy cooperation; Vietnam and Uzbekistan will work on oil and gas exploration.

UPI Energy Watch

StatoilHydro ASA and Chevron Corp. bid big in the Gulf of Mexico; oil prices move up after weeks of falling; more oil is found in the North Sea.

UPI Energy Watch

Pakistan's government will cancel inactive licenses; Britain lectures Nigeria on oil deals; China National Petroleum Co. and Sinopec bid for Petro-Tech Peruana.

UPI Energy Watch

Australia's Origin Energy rejects British BG's bid; OPEC may cut production; Yemen, Ethiopia to explore for oil.

UPI Energy Watch

Oil's decline slows with Tropical Storm Fay; Germany's Wintershall plans UAE explorations; PetroKazakhstan strikes oil and gas.

UPI Energy Watch

Canadian oil rights bring in big bucks; Iran will export gas to Oman; Venezuelan oil exports to the United States drop.

UPI Energy Watch

Baku-Tbilisi-Ceyhan pipeline use has resumed; Pakistan's oil and gas production is up over last year; oil prices stabilize on demand estimates.

Low oil prices temporary, officials say

ISLAMABAD, Pakistan, Aug. 14 (UPI) -- The decline in the world price of crude oil is a short-term correction based on the increase in the value of the U.S. dollar, Pakistani officials said Thursday.

UPI Energy Watch

OPEC's production reaches record high; Brazil's Petrobras makes record profits; ExxonMobil Corp. announces new production.

UPI Energy Watch

China's CNOOC finds oil in the Yellow River; Georgian pipeline closure causes losses; despite fighting, oil prices drop.
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