OIL - INTERN DAILY

Australia's Woodside expands gas portfolio

Nov 15, 2016 (UPI)

Australian energy company Woodside Petroleum said it was adding more natural gas assets to its domestic portfolio after a deal with BHP Billiton. In an arrangem...

Niger Delta Avengers strike again

Nov 15, 2016 (UPI)

A group calling itself the Niger Delta Avengers said it was the one responding to terrorism and tyranny with its latest attack on crude oil export pipeline. The...

Dakota Access pipeline delayed

Nov 15, 2016 (UPI)

A federal decision on the Dakota Access pipeline shows Washington is listening, though parties to the debate differed on the wisdom of that attention. The U.S. ...

Relief finally coming at the U.S. gas pump

Nov 15, 2016 (UPI)

Seasonal trends are finally catching up with U.S. commuters who are starting to see a steady decline in gasoline prices, motor club AAA said in a market report....

Australia's LNG sector is booming

Nov 14, 2016 (UPI)

Higher export volumes and energy market recovery means the liquefied natural gas sector in Australia is booming, consultant group EnergyQuest said. Australian e...

Nearly two dozen tremors recorded in Oklahoma in a week

Nov 14, 2016 (UPI)

Following a cluster of events near Oklahoma shale basins, data from the U.S. Geological Survey show nearly two dozen small tremors in the last week. A magnitude...

Oil trader Trafigura Group jockeys for more transparency

Nov 14, 2016 (UPI)

Oil trader Trafigura Group said it was leading the industry in transparency initiatives by disclosing how much money it paid to governments last year. The trade...

Oil prices inch lower as pessimism gains traction

Nov 14, 2016 (UPI)

Market pessimism spilled over into Monday as doubts over production arrangements and slight declines in exploration and production brought oil prices lower. Oil...

Russian Central Bank anticipates $40 per barrel oil

Nov 14, 2016 (UPI)

The probability of another drastic collapse in oil prices is low, through recovery won't be substantially above current rates, Russia's Central Bank chief said....

New maps created by Stanford scientists reveal safe locations for wastewater injection

Nov 14, 2016 (SPX)

Stanford geophysicists have compiled the most detailed maps yet of the geologic forces controlling the locations, types and magnitudes of earthquakes in Texas a...

Can Oil Markets Survive An OPEC Implosion

Nov 14, 2016 (SPX)

A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordi...

Oil taking on green sheen

Nov 13, 2016 (AFP)

The companies that drill black gold are going a little bit green: taking stakes in renewable energies that are growing rapidly, enabling oil firms to diversify ...

Mixed support for Trump's potential energy policiesw

Nov 11, 2016 (UPI)

Greenpeace said it was concerned climate policy under President-elect Donald Trump will have a 'drill, baby, drill' mentality, but an energy group sang praises....

Profits for Russian oil giant Rosneft tumble

Nov 11, 2016 (UPI)

Pointing to ongoing pressures from the weak oil economy, Russian oil company Rosneft said its profit for the third quarter dropped more than 70 percent. Russia'...

Israel's Delek examines offshore Canada

Nov 11, 2016 (UPI)

Israeli conglomerate Delek Group confirmed it secured the rights to explore for reserves in the deep waters off the coast of Newfoundland. Delek Group said it s...

Oil prices sharply lower on OPEC production

Nov 11, 2016 (UPI)

A reported increase in production from OPEC and an assessment of a standstill global economy sent crude oil prices sharply lower in early Friday trading. Market...

Oil-rich Alberta sees trade potential with Asia

Nov 11, 2016 (UPI)

Days after assessing the energy ties with the incoming U.S. administration, Alberta's government said it was now looking for trade opportunities with Asia. The ...

E.ON reaches milestone with English Channel wind far

Nov 11, 2016 (UPI)

German energy company E.ON said Friday it has finished anchoring all of the foundations for its flagship Rampion wind farm in the English Channel. "The Rampion ...

Weatherford boss steps down

Nov 10, 2016 (UPI)

Struggling oilfield services company Weatherford International said it was parting ways with its board chairman as it looks to navigate a long downturn. Board C...

Russian oil producer boasts of gains

Nov 10, 2016 (UPI)

At a time when major producers are assessing output, Russian energy company Rosneft reported third quarter production levels were up 1 percent. Rosneft reported...