Colorado sees mixed support from oil and gas

Daniel J. GraeberDENVER, Nov. 2 (UPI) — With mixed support coming from the oil and gas sector, Colorado’s governor said his new budget proposal reflects an expected slow pace of economic growth.

Oil prices recover from steep losses

Daniel J. GraeberWASHINGTON, Nov. 1 (UPI) — Crude oil prices rebounded Tuesday after a rough session marked by doubts about an OPEC maneuver, though there are indications of a return to balance.

Norway’s Statoil says more oil coming by 2019

Daniel J. GraeberSTAVANGER, Norway, Nov. 1 (UPI) — Patience is paying off for an oil reserve area discovered 30 years ago that’s now ready to deliver for Norway at a lower cost, energy major Statoil said.

Africa-focused Tullow generating cash

Daniel J. GraeberLONDON, Oct. 28 (UPI) — With repair operations completed at one of West Africa’s largest oil fields, Tullow Oil said it was in a position to start generating cash.

Conoco finds silver lining in $1 billion loss

Daniel J. GraeberHOUSTON, Oct. 27 (UPI) — The largest independent oil producer in the United States, ConocoPhillips, lost a substantial amount of money last quarter, but said it did better than 2015.

More oil likely in Cuba

Daniel J. GraeberMELBOURNE, Oct. 27 (UPI) — MEO Australia, the only Australian company with a footprint in Cuba, said ongoing work is expected to translate to more potential oil reserves in the country.

Schools in oil-rich Alberta to get solar panels

Daniel J. GraeberEDMONTON, Alberta, Oct. 27 (UPI) — The provincial government in Alberta said it’s responding to student interest by making funding available for solar panels at dozens of school projects.