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Iran risk sends oil prices higher Iran risk sends oil prices higher 18 hours ago ago
April 26 (UPI) -- Renewed uncertainty over a deal that lets Iranian crude oil flow through the market helped trigger a strong rally in crude oil prices on Thursday.
Feinstein: Higher fuel economy standards are a good thing Feinstein: Higher fuel economy standards are a good thing 19 hours ago ago
April 26 (UPI) -- The Trump administration should brace itself for years of litigation should it downgrade fuel economy standards for vehicles, a California senator said.
Shell touts offshore momentum in quarterly report Shell touts offshore momentum in quarterly report 19 hours ago ago
April 26 (UPI) -- Adding more opportunities in the offshore sector is part of the effort to retool the evolving portfolio for Royal Dutch Shell, its chief financial officer said.
U.S. extends comment period for Beaufort Sea drilling U.S. extends comment period for Beaufort Sea drilling 20 hours ago ago
April 26 (UPI) -- Concerned parties have another 30 days to weigh in on U.S. plans to open up the Arctic waters off the coast of Alaska to drillers, the government said.
Progress noted for BP's Mad Dog oil giant offshore U.S. Progress noted for BP's Mad Dog oil giant offshore U.S. 21 hours ago ago
April 26 (UPI) -- Work for BP is geared toward linking one of the largest fields in the U.S. Gulf of Mexico to a floating production unit, a services company said.
The market future is uncertain, Total says The market future is uncertain, Total says 22 hours ago ago
April 26 (UPI) -- Though crude oil prices are hovering near $70 per barrel, French supermajor Total said the market for crude oil may be bogged down by chronic uncertainty.
Momentum working in DNO's favor Momentum working in DNO's favor 22 hours ago ago
April 26 (UPI) -- Higher crude oil prices mean forward momentum for operations in the Kurdish north of Iraq and an expanding network of assets, Norway's DNO said.
Energy markets mixed on higher U.S. crude oil inventories Energy markets mixed on higher U.S. crude oil inventories 1 day ago ago
April 25 (UPI) -- Oil prices were mixed Wednesday on signs of declining U.S. petroleum inventories and the possibility the United States will extend the Iran nuclear deal.
Libyan oil production moves higher for Hess Corp. Libyan oil production moves higher for Hess Corp. 1 day ago ago
April 25 (UPI) -- Production from Libyan assets during the first quarter of the year expanded exponentially from last year's levels, U.S. energy company Hess Corp. said.
Trade talks continue between oil-rich Iran and Russia Trade talks continue between oil-rich Iran and Russia 1 day ago ago
April 25 (UPI) -- After hinting at a possible free-trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports.
U.N.: Coal still has a short-term future U.N.: Coal still has a short-term future 1 day ago ago
April 25 (UPI) -- There's no certain long-term future for coal as a power source given the shift toward low-carbon options, but that's not the case near-term, a U.N. agency said.
Norway's Statoil attributes production gains to the United States Norway's Statoil attributes production gains to the United States 1 day ago ago
April 25 (UPI) -- Norwegian energy major Statoil said its average equity production for the first quarter was up 6 percent year-on-year, driven mostly by its U.S. work.
Tullow Oil keeps offshore Africa expectations static Tullow Oil keeps offshore Africa expectations static 1 day ago ago
April 25 (UPI) -- Robust production from an evolving basin off the coast of Ghana in West Africa wasn't enough to change the outlook for the year, Tullow Oil said.
Bangladesh receives first LNG cargo Bangladesh receives first LNG cargo 1 day ago ago
April 25 (UPI) -- Bangladesh docked its first LNG cargo at a floating terminal less than a year after financing was secured, bolstering energy security, analysis finds.
Oil prices stuck on now-what questions Oil prices stuck on now-what questions 2 days ago ago
April 24 (UPI) -- Crude oil prices were searching for direction in early Tuesday trading as geopolitical risk tugged against potential risks on the demand side.
Shell holds tight to shale basin in Argentina Shell holds tight to shale basin in Argentina 2 days ago ago
April 24 (UPI) -- The Vaca Muerta shale formation in Argentina has substantial growth potential remaining, Shell said Tuesday after it unloaded its downstream business.
High gas prices not yet crimping demand High gas prices not yet crimping demand 2 days ago ago
April 24 (UPI) -- Higher retail gasoline prices in the United States aren't doing much yet to crimp demand, which is testing multi-year highs, a market reports find.
Weatherford takes a loss in the first quarter Weatherford takes a loss in the first quarter 2 days ago ago
April 24 (UPI) -- Following its industry peer, Schlumberger, oilfield services company Weatherford said its revenue for the first quarter was lower despite the robust market.
U.S. exporting more oil, but that could change U.S. exporting more oil, but that could change 2 days ago ago
April 24 (UPI) -- Market conditions are right for more U.S. oil exports, but that could change on seasonal factors and uncertainty about consumer demand, a market report found.
Russia eyes free trade with Iran Russia eyes free trade with Iran 2 days ago ago
April 24 (UPI) -- An interim agreement with Iran could open the trade doors with members of the Eurasian Economic Union over the next four years, Russia's prime minister said.
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