Exxon extends Russia partnership despite sanctions

Exxon Mobil Corp. extended its partnership with Russia’s state-controlled oil company even as U.S. and European nations threaten additional sanctions to punish Vladimir Putin’s regime for its actions in Ukraine.  More »

Iraqi Kurds ship oil through region’s own pipeline

Iraq’s self-ruled northern Kurdish region said Friday that it has made its first oil shipment through its own pipeline to the international market, bypassing the central government in Baghdad, which insists that it has the sole right to develop and market the country’s natural resources.  More »

France’s Total signs shale deal with Russia’s Lukoil despite sanctions

French energy company Total SA is hooking up with Russia’s largest private oil company to explore and develop a huge Siberian shale oil field.  More »

Executive says Bakken oil threatened by safety missteps

“If we have anything, they’re going to shut us down,” Harold Hamm said. “So many people want to stop fossil fuel use and production.”  More »

Oil eases but remains near $104 a barrel

The U.S. oil price hit a one-month high earlier in the week.  More »

EPA reaches deal with Duke to clean river coal ash

Duke will reimburse the federal government for its oversight costs.  More »

Estimate of recoverable Monterey Shale oil slashed

The new figure, about 600 million barrels, falls short of the previous estimate of 13.7 billion barrels of recoverable oil that led to a speculation boom among oil companies.  More »

Oil climbs to $104 as U.S. supplies drop sharply

A report from the Energy Department showed a drop of 7.2 million barrels in U.S. crude oil supplies.  More »

China signs 30-year deal for Russian natural gas

China signed a landmark deal Wednesday to buy Russian natural gas worth about $400 billion, giving a boost to diplomatically isolated President Vladimir Putin and expanding Moscow’s ties with Asia.  More »

Industry says Bakken oil not riskier than others

An industry-funded report released Tuesday said Bakken oil from North Dakota and Montana is similar to other light crudes.  More »

Oil down slightly ahead of U.S. supply report

U.S. crude for June delivery fell 17 cents to close at $102.44 a barrel.  More »

Hess shows off upgraded Tioga gas plant

Oil conglomerate Hess Corp. on Monday showed off its upgraded gas plant in Tioga to North Dakota officials.  More »
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