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EU climate policies work, commissioner says

EU climate policies work, commissioner says

BRUSSELS, Oct. 28 (UPI) -- The European Commission said Tuesday the community is well on its way to meeting its 2020 goals for reducing greenhouse gas emissions by 20 percent.
Daniel J. Graeber
BP to close TANAP deal by year's end

BP to close TANAP deal by year's end

LONDON, Oct. 28 (UPI) -- BP confirmed Tuesday an agreement to take a 12 percent stake in a Turkish pipeline carrying Azeri gas to Europe will close by the end of the year.
Daniel J. Graeber
Chevron brings Bangladeshi gas on stream

Chevron brings Bangladeshi gas on stream

SAN RAMON, Calif., Oct. 28 (UPI) -- Bringing more gas production on stream in Bangladesh is part of an effort to meeting growing energy demands in Asian, a Chevron subsidiary said Tuesday.
Daniel J. Graeber
ONEOK lays foundation in Permian shale

ONEOK lays foundation in Permian shale

OKLAHOMA CITY, Oct. 28 (UPI) -- Oklahoma-based shale company ONEOK Partners said it gained a solid footprint in the Permian shale basin after buying pipeline and other assets from Chevron.
Daniel J. Graeber
BG Group expects Egypt to fade

BG Group expects Egypt to fade

LONDON, Oct. 28 (UPI) -- British energy company BG Group said Tuesday it expected gas operations in Egypt, which account for 10 percent of its production, to continue to decline.
Daniel J. Graeber
AAA: High oil production means low gas prices

AAA: High oil production means low gas prices

WASHINGTON, Oct. 28 (UPI) -- Retail gasoline prices have moved steadily lower despite geopolitical tensions thanks in part to high U.S. oil production, motor club AAA reports.
Daniel J. Graeber
WTI falls below $80 per barrel, Brent sheds gains

WTI falls below $80 per barrel, Brent sheds gains

NEW YORK, Oct. 27 (UPI) -- While the European economy should be able to survive another crisis, a grim forecast Monday from Goldman Sachs pushed oil prices downward.
Daniel J. Graeber
Repsol strikes black gold in Gulf of Mexico

Repsol strikes black gold in Gulf of Mexico

HOUSTON, Oct. 27 (UPI) -- Spanish energy company Respol said Monday it made what it said was a significant discovery of oil in the U.S. waters of the Gulf of Mexico.
Daniel J. Graeber
Study questions British wind energy resilience

Study questions British wind energy resilience

LONDON, Oct. 27 (UPI) -- The British power grid may need to complement its wind energy output with fossil fuels to make up for production gaps, a study finds.
Daniel J. Graeber
Continental brings South Korea to Oklahoma shale

Continental brings South Korea to Oklahoma shale

OKLAHOMA CITY, Oct. 27 (UPI) -- U.S. shale player Continental Resources said Monday it has signed a deal with a South Korean company to help develop its gas assets in Oklahoma.
Daniel J. Graeber
Eni finds major gas deposit off Indonesia

Eni finds major gas deposit off Indonesia

MILAN, Italy, Oct. 27 (UPI) -- Italian energy company Eni said Monday there may be as much as 1.3 trillion cubic feet of natural gas at an exploration prospect off the Indonesian coast.
Daniel J. Graeber
Reserve exploration work starts in Romanian waters

Reserve exploration work starts in Romanian waters

BUCHAREST, Romania, Oct. 27 (UPI) -- Austrian energy company OMV and U.S. counterpart, Exxon Mobil, said Monday drilling started into a new reserve prospect off the Romanian coast.
Daniel J. Graeber
Yemen rebel movement in charge of oil ministry

Yemen rebel movement in charge of oil ministry

SANAA, Yemen, Oct. 27 (UPI) -- Members of the Houthi movement are handed control over the Yemeni oil ministry under a new government, the prime minister announced.
Daniel J. Graeber
Venezuela scrubs Citgo sale

Venezuela scrubs Citgo sale

CARACAS, Venezuela, Oct. 27 (UPI) -- Venezuela's finance minister said the government has shelved plans to sell off the U.S. subsidiary of state oil company Petroleos de Venezuela.
Daniel J. Graeber
China's oil demand setting records

China's oil demand setting records

BEIJING, Oct. 27 (UPI) -- Despite an economic slowdown, Chinese government data show oil demand in China is at one of the highest levels in nearly a decade.
Daniel J. Graeber
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