OIL - NANO DAILY

Iraq files motion to have oil from Kurdish tanker seized

Sep 05, 2014 (UPI)

The Iraqi Oil Ministry said it filed a case in a U.S. court calling for the seizure of a cargo of Kurdish crude oil loaded on a tanker off the coast of Texas. A...

Gulfsands, ADX spar over claims to Tunisian energy

Sep 05, 2014 (UPI)

British energy company Gulfsands Petroleum said Friday claims made by Australian energy company ADX on assets in Tunisia are unfounded. ADX said in a Wednesday ...

Jordan agrees to import gas from Israel's Leviathan field

Sep 04, 2014 (UPI)

An Israeli company operating the offshore Leviathan natural gas field revealed it signed a letter of intent to send natural gas from the project to Jordan. Isra...

Christie sees 'long-term' foreign policy benefits from LNG

Sep 04, 2014 (UPI)

Unlocking U.S. energy potential by facilitating exports would increase leverage in the foreign policy arena, New Jersey Gov. Chris Christie said. The Republican...

Statoil moving rig after disappointment in Gulf of Mexico

Sep 04, 2014 (UPI)

Norwegian energy company Statoil said it would reposition a rig in the Gulf of Mexico after coming up dry in the deep water Martin prospect. Statoil said it com...

Energy group irked by Nova Scotia move away from shale

Sep 04, 2014 (UPI)

A Canadian energy trade group said it was upset with a decision from the provincial government in Nova Scotia to consider a moratorium on hydraulic fracturing. ...

Rosneft may shed a quarter of its staff next month

Sep 04, 2014 (UPI)

Russian media reported Thursday state-owned oil company Rosneft could shed as much as 25 percent of its staff as early as next month. Rosenft's staff has swelle...

BP ruled grossly negligent in 2010 oil spill

Sep 04, 2014 (AFP)

BP potentially faces billions of dollars in new fines after a New Orleans judge concluded it acted with "gross negligence" ahead of the massive 2010 Gulf of Mex...

Hoeven calls for more FBI, DEA in Bakken reserve area

Sep 04, 2014 (UPI)

Federal law enforcement agents need to be positioned in the heart of the North Dakota oil patch to address rising crime rates, Sen. John Hoeven said. The state ...

Company sees production growing across the board

Sep 04, 2014 (UPI)

Marathon Oil Corp. said it was focusing its strategies on U.S. shale basins after achieving a 20 percent increase in reserves since the end of 2013. The company...

Shell says it's extended 'sweet spot' of Utica shale

Sep 03, 2014 (UPI)

Shell announced Wednesday it made natural gas discoveries at two wells in the Utica shale reserve area in Pennsylvania. "Last year, we refocused our resources p...

Baker Hughes, Weatherford close on pipeline business deal

Sep 03, 2014 (UPI)

Oil services company Baker Hughes said it completed the acquisition of the pipeline business from rival Weatherford International. Baker Hughes said it's acquir...

Oettinger: Trilateral gas talks possible mid-September

Sep 03, 2014 (UPI)

Natural gas talks between the European Union, Russia and Ukraine may be possible mid-September if the right conditions are in place, Europe's energy boss said. ...

Oryx Petroleum sees improvements in Kurdish security

Sep 03, 2014 (UPI)

Canadian energy company Oryx Petroleum said "tangible improvements" in the Kurdish north of Iraq mean it can return to work at the Hawler license area. The comp...

Halliburton shielded from some claims in spill settlement

Sep 03, 2014 (UPI)

Oil services company Halliburton said it's shielded from some claims made in response to the Gulf of Mexico oil spill in 2010 as part of a settlement deal. The ...

AAA says gas prices cheapest since 2010

Sep 03, 2014 (UPI)

The national average price for a gallon of regular unleaded gasoline in the United States is the lowest it's been in more than four years, motor club AAA said. ...

Sabotage at Yemeni oil facilities hurts economy, IMF says

Sep 03, 2014 (UPI)

Militant attacks on oil facilities in Yemen are hurting the country's ability to build a strong economic base, the International Monetary Fund said. The IMF sai...

Statoil shutting down Huldra platform in North Sea

Sep 03, 2014 (UPI)

Norwegian energy company Statoil said its Huldra platform, its first gravity-based system in the North Sea, is shutting down six years later than planned. Gravi...

Shell: 'Persuasive argument' for U.S. oil and gas exports

Sep 03, 2014 (UPI)

Exporting oil and natural gas from the United States should help ensure a more stable global energy sector, the head of Royal Dutch Shell said from New York. Sh...

Putin: Power of Siberia plants Russian seed in China

Sep 02, 2014 (UPI)

Starting construction on a natural gas pipeline to China gives Russia the chance to plant its economic flag in the regional economy, Russia's president said. Ru...