OIL - SEED DAILY

With oil on the radar, Senegal gets good IMF marks

Aug 31, 2016 (UPI)

Emerging as a potential oil producer, the economy in Senegal is stable with a growth rate of around 6 percent expected, the International Monetary Fund said. "T...

Security concerns prompt Canada to halt pipeline review

Aug 31, 2016 (UPI)

Security concerns at a panel session for a proposed oil pipeline in Canada prompted a suspension of the review process, a Canadian energy regulator said. Accord...

Oil sands fires send Canada GDP reeling in Q2

Aug 31, 2016 (AFP)

Forest fires in Canada's oil sands region that disrupted production have pummeled the country's economy, sparking the biggest quarterly decline in GDP in seven ...

Restructuring Iraqi oil player seeking more capital

Aug 31, 2016 (UPI)

A potential takeover target, Iraqi-focused company Gulf Keystone Petroleum said it was offering up common shares in an effort to raise more capital. "The compan...

Retail gas prices rally ahead of U.S. travel holiday

Aug 30, 2016 (UPI)

Retail gasoline prices in the United States are on the rise ahead of the last major travel holiday season of the year, motor club AAA reported. The national ave...

Shell takes cash offer for Gulf of Mexico assets

Aug 30, 2016 (UPI)

In a deal that included $425 million in cash, Royal Dutch Shell said it sold off its entire stake in assets held in the U.S. waters of the Gulf of Mexico. Shell...

Colorado ballot measures on oil, gas stalled

Aug 30, 2016 (UPI)

A petition to curb Colorado oil and gas activity failed to make it to the November ballot, a push a pro-energy group said was a "short-sighted" effort. The Colo...

Uganda expects billions of dollars in oil investments

Aug 30, 2016 (UPI)

The Ugandan government said Tuesday it awarded petroleum production licenses to companies expected to invest billions of dollars in oil development. The governm...

Oil prices edge higher on Gulf of Mexico weather woes

Aug 30, 2016 (UPI)

Crude oil prices ticked higher in early Tuesday trading amid weather concerns in the U.S. Gulf of Mexico and Saudi Arabian pivots toward Asia. Crude oil prices ...

Expect invitations next month, Iran tells energy companies

Aug 30, 2016 (UPI)

Iran in September will send out invitations to energy companies to vet interest in the first contracts in the post-sanctions area, a director said Tuesday. Iran...

Kremlin: Nothing yet on privatizing oil company

Aug 30, 2016 (UPI)

The Kremlin has yet to make any definitive decisions on the privatization of one of the country's bigger oil companies, a presidential spokesman said Tuesday. T...

Air contamination near fracking sites result of operational inefficiencies

Aug 29, 2016 (SPX)

Chemists at the University of Texas at Arlington have published a new study that indicates that highly variable contamination events registered in and around un...

North Dakota rig count lower for fourth straight week

Aug 29, 2016 (UPI)

As oil prices steady, state data show the number of rigs actively exploring for or producing oil and gas in North Dakota declined for the fourth straight week. ...

Statoil: Expect more for less at Johan Sverdrup

Aug 29, 2016 (UPI)

The cost to develop the giant Johan Sverdrup oil field offshore Norway has improved so that it will be competitive at lower oil prices, the operator said. Devel...

Tehran: We'll survive era of low oil prices

Aug 29, 2016 (UPI)

Iran is one of the major oil producers whose economy has been least damaged by the decline in crude oil prices, the country's finance minister said. A recent re...

Sinopec blames slow economic growth for slump

Aug 29, 2016 (UPI)

China's Sinopec, one of the largest companies of its kind, said weak global economic recovery was in part behind its 13 percent decline in operating profit. The...

Exposure to chemicals released during fracking may harm fertility

Aug 29, 2016 (SPX)

More than 15 million Americans live within a one-mile radius of unconventional oil and gas (UOG) operations. UOGs combine directional drilling and hydraulic fra...

Oil prices lower on Yellen hangover

Aug 29, 2016 (UPI)

Crude oil prices moved sharply lower to start the trading day Monday as jitters carried over from last week's U.S. Federal Reserve statements on interest rates....

Ailing but oil-rich Kazakhstan lent a hand

Aug 29, 2016 (UPI)

A multimillion dollar loan will help Kazakhstan, home to one of the world's largest oil fields, connect better with neighboring trade routes, a lender said. The...

Dakota Access Pipeline poses an 'existential' threat

Aug 26, 2016 (UPI)

Environmental and tribal groups protesting an oil pipeline from North Dakota said in a letter to the White House it poses a threat to their existence. Tribal gr...