OIL - SEED DAILY

Oil-rich Alberta nearing end of recession

Nov 29, 2016 (UPI)

A rebound in crude oil prices and recovery in the sector in general means the economy in Alberta province is primed for growth, the finance minister said. The p...

Why Mexico's Oil Reform Is A Huge Opportunity For Investors

Nov 29, 2016 (SPX)

When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities ...

Texas oil production holding steady

Nov 29, 2016 (UPI)

Two shale counties in Texas dominated the landscape, though crude oil production is holding relatively stable, data from the state show. The Railroad Commission...

Norway reports mixed results for oil and gas salaries

Nov 29, 2016 (UPI)

Average salaries for those working in the Norwegian oil and gas sector showed gains from the previous quarter, but less than last year, government data show. Th...

More drilling planned for super giant Norwegian oil field

Nov 28, 2016 (UPI)

Consent is given to energy company Statoil to start drilling an appraisal well in the Johan Sverdrup oil field in the North Sea, the Norwegian government said. ...

Russia to review oil, gas work in Barents Sea

Nov 28, 2016 (UPI)

Six years after resolving border disputes in the Barents Sea, a Russian minister said he scheduled a meeting in Oslo to discuss oil and gas work with Norway. A ...

Oil prices in rally mode on OPEC rumors

Nov 28, 2016 (UPI)

Oil prices were moving in wild swings in early Monday trading, erasing a 5 percent deficit overnight as investors moved quickly on the latest OPEC utterances. C...

Putin staying out of OPEC talks

Nov 28, 2016 (UPI)

Russian President Vladimir Putin is deferring to his energy minister to discuss the potential for a production agreement with OPEC, his spokesman said Monday. R...

BP builds position in one of Egypt's biggest gas fields

Nov 28, 2016 (UPI)

British energy company BP said it was strengthening its position in the Egyptian oil and gas market by buying a minority stake in an offshore natural gas field....

Iran inks agreement with oilfield services company Schlumberger

Nov 28, 2016 (UPI)

A new arrangement with oilfield services company Schlumberger is a source of optimism for post-sanctions Iran, a managing director said from Tehran. Schlumberge...

Russian oil producer pushes deeper in Arctic

Nov 28, 2016 (UPI)

Russian oil producer Gazprom Neft said it was starting sea trials for a vessel meant to support oil work, including spill response, in extreme Arctic climates. ...

New energy alliance focused on Gulf of Mexico

Nov 23, 2016 (UPI)

Independent energy producers focused on the U.S. Gulf of Mexico announced coordination around an alliance aimed at advancing the industry's needs in Washington....

Australian energy company rewarded for Cuban oil efforts

Nov 23, 2016 (UPI)

An Australian energy company that's one of the few foreign companies working in Cuba said it was rewarded for its efforts with a contract extension. Melbana Ene...

Norway's oil and gas investments on the decline

Nov 23, 2016 (UPI)

Investment plans for oil and gas developments offshore Norway are on the decline and should remain low even with new projects on tap, government data show. Stat...

Thanksgiving gas prices are the lowest in years

Nov 23, 2016 (UPI)

U.S. travelers leaving early on Wednesday to get a head start on the holiday will see some of the lowest gas prices in nearly a decade, the government said. U.S...

Oil prices move lower on OPEC questions, Autumn Statement

Nov 23, 2016 (UPI)

Crude oil prices apparently found the direction they were looking for Wednesday, moving lower amid uncertainty about the impact of OPEC maneuvering. Oil prices ...

Mixed bag for frontier oil reserves offshore Liberia

Nov 23, 2016 (UPI)

A division of Exxon Mobil announced Wednesday it started drilling its first well targeting reserves off the coast of Liberia. Exxon's Liberian affiliate is work...

Polluted water in hand, Nigerian king takes Shell to court in London

Nov 22, 2016 (AFP)

King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Ro...

Crude oil prices searching for OPEC direction

Nov 22, 2016 (UPI)

Crude oil prices staged an abrupt retreat in early trading Tuesday as doubts lingered over OPEC coordination. Crude oil prices bounced around net gains and loss...

Whiting Petroleum leaving North Dakota gas behind

Nov 22, 2016 (UPI)

After recording a steep decline in third quarter revenue, Whiting Petroleum said it was selling off parts of its natural gas business in North Dakota. Pending r...