Energy Resources - UPI.com

Algeria under pressure over energy industry

Fri, 24 May 2013 16:12:01 -0400

ALGIERS, Algeria, May 24 (UPI) -- Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.

U.S. Northwest coal export terminals to get more scrutiny?

Fri, 24 May 2013 13:58:08 -0400

SEATTLE, May 24 (UPI) -- A coalition of anti-coal export groups is calling for a regional impact study of proposed Oregon and Washington export terminals.

504MW wind farm OKd for British coast

Fri, 24 May 2013 08:24:22 -0400

LONDON, May 24 (UPI) -- The British government announced Friday it gave consent to the construction of a 504-megawatt wind farm planned for the coast of Suffolk.

Rosneft, PDVSA to work together in Venezuela

Fri, 24 May 2013 08:18:41 -0400

CARACAS, Venezuela, May 24 (UPI) -- State energy company Petroleos de Venezuela and Russian energy company Rosneft signed an agreement for a joint venture for Venezuelan operations.

IMF: Oil, stablity threaten Libyan economy

Fri, 24 May 2013 08:11:39 -0400

WASHINGTON, May 24 (UPI) -- The Libyan economy is vulnerable to fluctuations in oil prices as well as security and political challenges, the International Monetary Fund said.

U.S. oil markets more attractive than Canada's

Fri, 24 May 2013 07:35:52 -0400

NEW YORK, May 24 (UPI) -- Shale oil plays in the United States may be more attractive to investors than oil sands in Canada's Alberta province, a financial analyst said.

U.S. publishes batch of Keystone XL comments

Fri, 24 May 2013 06:49:41 -0400

WASHINGTON, May 24 (UPI) -- The U.S. State Department said it published 100,000 comments, less than 10 percent of the total received, about its draft review of the Keystone XL pipeline.

Gazprom Neft conducts fracking campaign

Fri, 24 May 2013 06:29:29 -0400

MOSCOW, May 24 (UPI) -- Russian oil producer Gazprom Neft announced it conducted its first hydraulic fracturing campaign on the Yamal Peninsula at its Novoport field.

Oil and pipelines driving Canada's economy

Fri, 24 May 2013 06:09:33 -0400

QUEBEC CITY, May 24 (UPI) -- Natural resources form "one of the cornerstones" of the Canadian federal and provincial economies, Natural Resources Minister Joe Oliver said.

U.S. requires transparency from Myanmar

Fri, 24 May 2013 05:51:46 -0400

WASHINGTON, May 24 (UPI) -- The U.S. government said it imposed requirements on U.S. investors who do more than $500,000 worth of business in the energy sector of Myanmar.

U.S. Midwest in midst of gas price shock

Fri, 24 May 2013 05:46:42 -0400

WASHINGTON, May 24 (UPI) -- Lower-than-normal inventories and refinery work means consumers in the U.S. Midwest are facing higher-than-average gasoline prices, the Energy Department said.

Oil field test from Iraq yields results

Fri, 24 May 2013 05:43:10 -0400

OSLO, Norway, May 24 (UPI) -- Norwegian oil and gas company DNO International said tests from a field in the Kurdish region of Iraq yielded an average flow rate of more than 100,000 bpd.

Argentine grain exports hit by port workers' strike

Fri, 24 May 2013 05:08:44 -0400

BUENOS AIRES, May 24 (UPI) -- Argentine exports suffered another blow as dock workers continued their go-slow and strikes in ports.

Lavrov: Azerbaijan oil pipeline contract termination not political

Fri, 24 May 2013 00:03:00 -0400

MOSCOW, May 24 (UPI) -- Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.

Israel eyes Syrian missile threat to gas fields

Thu, 23 May 2013 15:04:25 -0400

HAIFA, Israel, May 23 (UPI) -- The reported delivery of supersonic Russian anti-ship missiles to Syria heightened Israeli concerns about protecting its offshore gas fields.

Indonesia, Papua New Guinea plan joint exploration

Thu, 23 May 2013 12:22:17 -0400

JAKARTA, May 23 (UPI) -- Indonesia and Papua New Guinea are planning joint exploration for potential oil and gas reserves in border areas.

Enbridge: Pipelines vital for Canada

Thu, 23 May 2013 08:11:17 -0400

TORONTO, May 23 (UPI) -- Crude oil pipelines in Canada are the lifeblood to a national economy that depends largely on exports for revenue, the top executive at Enbridge Inc. said.

Norway gives nod to North Sea exploration

Thu, 23 May 2013 07:59:03 -0400

OSLO, Norway, May 23 (UPI) -- The Norwegian government said Thursday it gave its consent to energy explorers to start drilling activity in the North Sea.

EU starts ball rolling on 2030 green goals

Thu, 23 May 2013 07:37:07 -0400

BRUSSELS, May 23 (UPI) -- The European Union needs to start looking at how to provide incentives to boost clean energy measures beyond 2020 targets, a lawmaker said.

Virginia officials try again for offshore energy

Thu, 23 May 2013 07:08:33 -0400

RICHMOND, Va., May 23 (UPI) -- Two Virginia lawmakers said they wanted to change a federal 5-year lease plan to include oil and natural gas reserves off the state's coast.

More natural gas confirmed offshore Israel

Thu, 23 May 2013 06:50:57 -0400

HOUSTON, May 23 (UPI) -- A natural gas discovery off the coast of Israel may hold as much as 2 trillion cubic feet of reserves, operator Noble Energy Inc. announced.

South Sudan blames Sudan for oil problems

Thu, 23 May 2013 06:24:42 -0400

JUBA, South Sudan, May 23 (UPI) -- South Sudan's Foreign Ministry said the Sudanese government was creating problems for the south's oil export potential.

Russians find oil evidence with space imaging

Thu, 23 May 2013 06:18:09 -0400

MOSCOW, May 23 (UPI) -- Russian scientists using special space imaging techniques said they found evidence of 10 new oil deposits in eastern Siberia.

House sidesteps Obama on Keystone XL

Thu, 23 May 2013 06:14:11 -0400

WASHINGTON, May 23 (UPI) -- U.S. President Barack Obama was the last obstacle to getting the Keystone XL oil pipeline built through the country, the chairman of a House committee said.

Poor record for Myanmar in extractive industries

Thu, 23 May 2013 05:58:06 -0400

WASHINGTON, May 23 (UPI) -- Easing economic pressure on Myanmar ignores serious human rights abuses in the country's extractive industries sector, an advocacy group said.