Canadian energy sector in sharp decline

Daniel J. GraeberCALGARY, Alberta, April 8 (UPI) — An energy group in Canada said it estimated the two-year spending trends in the oil and gas sector were at their lowest level in more than 60 years.

EU objecting to new Russian gas capacity

Daniel J. GraeberBRUSSELS, April 7 (UPI) — Adding on to the Nord Stream natural gas pipeline running from Russia to European shores would impact the regional market significantly, an EU official said.

March rig count down 12 percent

Daniel J. GraeberHOUSTON, April 7 (UPI) — The total number of rigs actively exploring for or producing oil or natural gas worldwide declined 12 percent from February levels, Baker Hughes said Thursday.