Paper: OPEC worked to derail U.S. shale

Daniel J. GraeberOSLO, Norway, July 1 (UPI) — Members of the Organization of Petroleum Exporting Countries altered their behavior to limit the role of U.S. shale oil producers, a Norwegian paper found.

Gazprom touts legacy

Daniel J. GraeberMOSCOW, July 1 (UPI) — Russian energy company Gazprom puts flexibility at the center of its strategic objectives, the company’s chairman said in an address to shareholders.

New oil found in North Sea

Daniel J. GraeberLONDON, July 1 (UPI) — With the future of the region in question, energy company EnQuest said Friday it confirmed the discovery of oil at a field in the central North Sea.

Major discovery declared offshore Guyana

Daniel J. GraeberIRVING, Texas, June 30 (UPI) — A well off the coast of Guyana holds a find that, with as much as 1.4 billion barrels of reserves, is considered transformative, Exxon Mobil said Thursday.

Tullow to get first oil from TEN in weeks

Daniel J. GraeberLONDON, June 30 (UPI) — One of the more lucrative oil fields off the coast of West Africa could start delivering its first batch of oil as early as July, Tullow Oil said.