WASHINGTON – Libya's oil industry should be able to recover fairly quickly after fighting ends, but it might take a year or two to reach pre-rebellion production...
Articles from 8.25.2011
Geologists sharply cut estimate of shale gas in Marcellus Shale
WASHINGTON — Federal geologists published new estimates this week for the amount of natural gas that exists in a giant rock formation known as the Marcellus Shale, which...
Chasing rare earths, foreign companies expand in China
CHANGSHU, China — China has long used access to its giant customer base and cheap labor as bargaining chips to persuade foreign companies to open factories within its borders
Inhofe to back Perry, says Romney is ‘mushy’ on the environment
Texas Gov. Rick Perry, who has questioned global warming and criticized climate scientists on the GOP presidential stump, is winning an endorsement from the most prominent...
NOAA, Shell, ConocoPhillips and Statoil agree to share ocean, coastal and meteorological data for the Arctic
The US National Oceanic and Atmospheric Administration (NOAA), Shell Exploration & Production, ConocoPhillips, and Statoil USA E&P Inc. signed an agreement to...
AAA introduces roadside emergency charging for electric cars
Many of us have called AAA when we need a battery charged or a bit of gas. Well, now we will be able to call AAA if our electric vehicle battery runs low. The Automo
China vows to appeal raw materials WTO case
BEIJING (Reuters) - China vowed on Wednesday to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten...
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IEA: US to exceed Saudi oil production by 2020
The United States will become the world's largest oil producer by around 2020, temporarily overtaking Saudi Arabia, as new exploration technologies help find more...
Cost of playing east Africa oil game on the rise
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Rosneft considering African oil pipeline
MOSCOW, Oct. 15 (UPI) -- Russian media reports oil company Rosneft may take part in the construction of an oil pipeline in Africa, its first such effort in an overseas...
Kenya’s deepwater debut heralds east Africa’s first oil
Apache Corp. (APA) will drill Kenya’s first deepwater oil well next month, a prospect that could add a $70 billion crude find to the record natural-gas discoveries along...
SEC sets vote on controversial oil, ‘conflict minerals’ rules
The SEC will vote August 22 on long-delayed rules that will force oil companies to reveal payments to foreign governments – regulations at the heart of a battle between...
Total to spend over $300 mln on Uganda exploration
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S. Africa says has suspended Iran oil imports
PRETORIA, March 22 (Reuters) - South Africa has suspended almost all of its oil imports from Iran and intends to abide by a U.S. request to significantly drop its supplies...
Oil production rises quickly in Libyan fields
ZAWIYAH, Libya — The bullet holes in the oil tanks have been patched, the damaged backup generator is being repaired, and most important, the pipeline that feeds the giant...
African countries create new rules in the oil game
Citizens in countries throughout Africa have long been angered over the lack of benefits reaped from multinationals exploiting minerals from their seas and land. In recent...
The scramble for access to Libya’s oil wealth begins
HOUSTON — The fighting is not yet over in Tripoli, but the scramble to secure access to Libya’s oil wealth has already begun.
East Africa basks in big gas strikes
DAR ES SALAAM, Tanzania, Feb. 17 (UPI) -- A string of natural gas strikes along Africa's east coast, with reserves currently estimated at 21 billion cubic feet, is...
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