OIL - RADAR DAILY

A new application for enhanced oil recovery has been developed by university scientists

Jul 24, 2017 (SPX)

The new nanoparticle-surfactant complexes, composed of sodium dodecyl sulfate (SDS) surfactant and fumed silica nanoparticles (Si-NPs) have important applicatio...

Russia sees oil supplies dwindling from global market

Jul 24, 2017 (UPI)

Members of a committee monitoring a deal coordinated by the Organization of Petroleum Exporting Countries are meeting in St. Petersburg to consider the effectiv...

Texas energy sector facing slight headwinds

Jul 24, 2017 (UPI)

A report from the Federal Reserve Bank of Dallas found job growth in the state was 3.6 percent and the overall forecast for the year was 2.8 percent, an upward ...

Oil up as OPEC says market moving toward balance

Jul 24, 2017 (UPI)

Parties to the committee monitoring an arrangement led by the Organization of Petroleum Exporting Countries to balance an oversupplied market with managed decli...

Shale gas development spurring spread of invasive plants in Pennsylvania forests

Jul 24, 2017 (SPX)

The spread of invasive non-native plants could have long-term negative consequences for the forest ecosystem in a region where the ubiquitous woods provide timb...

Drilling services contractor Halliburton reports $5 billion profit

Jul 24, 2017 (UPI)

Total revenue for Halliburton, which has headquarters in Houston, was $5 billion, a 16 percent increase from the first quarter. Executive Chairman Dave Lesar sa...

IMF: Middle East, North Africa pressured by low oil prices

Jul 24, 2017 (UPI)

The IMF offered a mixed picture for global economic growth, projecting net global growth of 3.5 percent this year and 3.6 percent in 2018, forecasts that are un...

OPEC to review compliance, Kuwaiti oil minister said

Jul 21, 2017 (UPI)

Kuwait chairs a committee of members of the Organization of Petroleum Exporting Countries and non-member states monitoring the impact of an agreement implemente...

China urges Gulf crisis talks after Qatar minister visits

Jul 21, 2017 (AFP)

Wang Yi made the remarks after meeting with his Qatari counterpart in Beijing on Thursday, a day after he held talks with a top official from the United Arab Em...

Driller sees strength concentrated outside North America

Jul 21, 2017 (UPI)

Drilling services contractor Schlumberger reported revenue for the three months ending Jun 30 at $7.4 billion, up 8 percent from the previous quarter and up 4 p...

OPEC jitters put $50 per barrel in the rearview mirror

Jul 21, 2017 (UPI)

"Unease is mounting across the energy complex as traders brace for Monday's OPEC/non-OPEC monitoring meeting in which the global supply pact will be discussed,"...

Schlumberger takes control of Russian driller

Jul 21, 2017 (UPI)

Extending a six-year relationship, the leading services contractor Schlumberger said it acquired a 51 percent stake in Eurasia Drilling Co. Ltd. The terms of th...

Mexico opens gas infrastructure capacity to bidders

Jul 20, 2017 (UPI)

Hundreds of companies placed bids to access the capacity in the estimated 6,000 miles of natural gas pipelines in the country. According to the U.S. Energy Info...

OPEC-member Libya still in crisis mode, European Commission says

Jul 20, 2017 (UPI)

The European Commission said Thursday it approved $11.5 million in emergency humanitarian assistance to address the growing needs of Libya. "We urge all parties...

California gas storage site that leaked in 2015 cleared to reopen

Jul 20, 2017 (UPI)

"Following months of rigorous inspection and analysis of wells at the Aliso Canyon natural gas storage facility - and the implementation of multiple new safety ...

Brent crude oil passes the $50 threshold in early Thursday trading

Jul 20, 2017 (UPI)

The price for Brent crude oil, the global benchmark, was trading above $50 per barrel for the first time in more than a month in early Thursday trading. Crude o...

BHP to expand U.S. onshore work, though output falters

Jul 20, 2017 (UPI)

Onshore U.S. production for the Australian energy and mining giant is expected to decline because the development of new activity won't be enough to offset natu...

U.S. House moves on measure to ensure energy dominance

Jul 20, 2017 (UPI)

House bills passed that would avoid a presidential permit process for cross-border pipelines. U.S. President Donald Trump during his first weeks in office stepp...

U.N. to help Nigeria look beyond oil for revenue

Jul 20, 2017 (UPI)

The U.N. Industrial Development Organization started a program to help Nigeria steer its economy away from oil. The Nigerian economy slipped into recession last...

Frontier West Africa source of oil spat

Jul 20, 2017 (UPI)

African Petroleum said Thursday it let its exclusivity agreement for West African licenses lapse so it can look for potential partners for offshore Senegal and ...