ENERGY TECH - INTERN DAILY

World still needs fossil fuels, Exxon says

Mar 31, 2014 (UPI)

Climate change risks are real and Exxon Mobil takes the threat serious, but the world still needs "all viable energy sources" to function, an executive said. Ex...

Two percent of Canada's oil gets to overseas markets

Mar 31, 2014 (UPI)

Only 2 percent of the crude oil produced in Canada made it to overseas markets last year, the National Energy Board reported. NEB, an independent regulator base...

TransCanada fills U.S. shale gas network

Mar 31, 2014 (UPI)

Canadian pipeline company TransCanada Corp. said it secured nearly 2 billion cubic feet per day worth of commitments for a U.S. shale gas pipeline system. Trans...

Russia's Lukoil says Iraqi oil production shows mettle

Mar 30, 2014 (UPI)

Starting production at Iraq's West Qurna-2 oil field shows Russia's Lukoil views Iraq as one of its most valued assets. Lukoil President Vagit Alexperov said hi...

Quest for oil threatens Africa's oldest wildlife reserve

Mar 30, 2014 (AFP)

The quest for oil may be the latest threat to Africa's most venerable wildlife reserve, located in the Democratic Republic of Congo, and already hard hit by def...

Delek Group buoyed by Israeli gas prospects

Mar 30, 2014 (UPI)

Despite a weak fourth quarter, Israeli conglomerate Delek Group said Monday its financial position was buoyed by growth from the Tamar and Leviathan fields. "[L...

Canada ties energy security to stewardship

Mar 30, 2014 (UPI)

Canadian Natural Resources Minister Greg Rickford said from Alberta that Canada's economic future depends on responsible resource development. Rickford met his ...

Aussie energy contractor Clough expands in Scotland

Mar 30, 2014 (UPI)

A decision from Australian energy contractor Clough to invest in Scotland is a testament of the country's industry leadership, the government said Monday. Scott...

Husky, CNOOC start gas work in South China Sea

Mar 30, 2014 (UPI)

Husky Energy, a Canadian company, and its Chinese counterparts at CNOOC Ltd. said they started production at the Liwan gas field in the South China Sea. Asim Go...

IGas targets Britain's Bowland shale

Mar 30, 2014 (UPI)

British gas explorer IGas said Monday results from an exploration well could provide a better road map for any future fracking of the Bowland shale play. IGas a...

Lukoil starts output from massive Iraq oilfield

Mar 29, 2014 (AFP)

One of the biggest undeveloped oilfields in the world has begun commercial production in south Iraq, officials said Saturday, part of ambitious plans by Baghdad...

Learn energy lessons from Ukraine, North Dakota Sen. says

Mar 28, 2014 (UPI)

Energy security threats in Eastern Europe are indicative of how important it is for North America to develop its own reserves, a North Dakota senator said. Ukra...

Oil traffic by rail grows, industry says

Mar 28, 2014 (UPI)

About 10.3 million barrels of petroleum and petroleum products traveled the U.S. rail system last week, the Association of American Railroads said. AAR released...

GDF Suez to send U.S. LNG to Taiwanese market

Mar 28, 2014 (UPI)

French energy company GDF Suez said Friday it signed an agreement with counterparts in Taiwan to deliver liquified natural gas sourced from the United States. U...

Balcombe, target of fracking protests, greens up

Mar 28, 2014 (UPI)

Solar installations in Balcombe, a village at the heart of the British fracking debate, is a rebuttal of national energy policy, Friends of the Earth say. Briti...

Unrest hurting Libya's oil economy, Europe says

Mar 28, 2014 (UPI)

Political conflict in Libya means an economy that's largely dependent on oil production has no room to grow, the European Union said. A progress report on Libya...

Total, CNOOC expand LNG ties

Mar 26, 2014 (UPI)

French energy company Total said it agreed to supply the Chinese market with an additional 1 million tons of LNG per year under the terms of a deal with CNOOC. ...

Gulf Keystone feeling bullish about Iraqi oil

Mar 26, 2014 (UPI)

Though gross production for 2013 slumped, Gulf Keystone Petroleum, active in the Kurdish oil sector of Iraq, said Thursday it had a successful year. The company...

Pass Keystone for security's sake, supporters say

Mar 26, 2014 (UPI)

Bipartisan leaders from Northern Plains states joined the oil industry in calling for approval of the Keystone XL oil pipeline for national security's sake. Pip...

Russia Looks East as Relations with Europe Deteriorate

Mar 26, 2014 (SPX)

The standoff between the U.S. and the EU on one hand, and Russia on the other, intensified pretty quickly late last week. The U.S. quickly slapped heavier sanct...