Colorado ballot measures on oil, gas stalled

Daniel J. GraeberDENVER, Aug. 30 (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.

Oil prices lower on Yellen hangover

Daniel J. GraeberWASHINGTON, Aug. 29 (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.

Sinopec blames slow economic growth for slump

Daniel J. GraeberBEIJING, Aug. 29 (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.

API: U.S. gas a strategic asset

Daniel J. GraeberWASHINGTON, Aug. 26 (UPI) — With U.S. Vice President Biden touting diversity in the European energy market, an industry group said exports from U.S. ports could be a strategic interest.