Energy Resources - UPI.com

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.

EIA gives mixed report on Algerian natural gas

Thu, 23 May 2013 05:39:18 -0400

WASHINGTON, May 23 (UPI) -- A terrorist attack in January and steady field maturation are harming Algeria's natural gas potential though shale is promising, a U.S. report says.

Syria's jihadists have edge, control oil

Wed, 22 May 2013 14:38:43 -0400

BEIRUT, Lebanon, May 22 (UPI) -- The seizure of Syrian oil fields by the al-Nusra Front could accelerate the breakup of Syria amid a reshaping of the Middle East's geopolitical landscape.

Australia's resources boom over?

Wed, 22 May 2013 12:48:04 -0400

SYDNEY, May 22 (UPI) -- A new report from Australia's government says that committed investment in the country's major resources and energy projects has peaked.

Europe clamps down on offshore energy safety

Wed, 22 May 2013 08:18:23 -0400

STRASBOURG, France, May 22 (UPI) -- Legislation in the European Union regarding oil and natural gas production safety is long overdue, Energy Commissioner Guenther Oettinger said.

U.S. senators hear mixed assessment of shale

Wed, 22 May 2013 08:00:51 -0400

WASHINGTON, May 22 (UPI) -- Maintaining a flat level of natural gas production from U.S. shale deposits is an elusive prospect, an energy policy director told U.S. lawmakers.

More to U.S. oil than North Dakota, EIA says

Wed, 22 May 2013 07:42:47 -0400

WASHINGTON, May 22 (UPI) -- Oil production from five Western U.S. states increased as much as 64 percent since 2010 in part because of new drilling methods, the Energy Department said.

Business group endorses British shale

Wed, 22 May 2013 07:15:04 -0400

LONDON, May 22 (UPI) -- A British business group said the shale natural gas sector could add more than 70,000 jobs to the economy and not just in industry-specific fields.

Scottish wave energy system marks first year

Wed, 22 May 2013 06:54:47 -0400

EDINBURGH, Scotland, May 22 (UPI) -- Companies behind a wave energy converter off the Scottish coast said a test program added 160 megawatts of electricity to the grid.

Canada's west coast readies for LNG exports

Wed, 22 May 2013 06:52:28 -0400

VICTORIA, British Columbia, May 22 (UPI) -- Malaysian energy company Petronas said it started work on a project that would facilitate liquefied natural gas exports from Canada's west coast.

Oil spilled in Canadian train derailment

Wed, 22 May 2013 06:14:33 -0400

REGINA, Saskatchewan, May 22 (UPI) -- Two rails cars that were included in a derailment in Saskatchewan lost their entire oil cargoes, a provincial official said.

Obama threatens Keystone XL veto

Wed, 22 May 2013 06:00:27 -0400

WASHINGTON, May 22 (UPI) -- U.S. President Barack Obama would veto a House measure that would fast-track the approval of the planned Keystone XL oil pipeline, the White House said.

Moniz open to considering LNG exports

Wed, 22 May 2013 05:40:13 -0400

WASHINGTON, May 22 (UPI) -- U.S. Energy Secretary Ernest Moniz said he'd review the prospects for export licenses for liquefied natural gas on a case-by-case basis.

Scotland says oil, greens, support independence

Wed, 22 May 2013 05:34:14 -0400

EDINBURGH, Scotland, May 22 (UPI) -- Scotland has the economic resources available to endure as an independent country in part because of its energy sector, First Minister Alex Salmond said.

Oettinger: EU studying 'fracking' as it seeks to cut energy prices

Wed, 22 May 2013 00:04:00 -0400

BRUSSELS, May 22 (UPI) -- The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.