Shell shareholders approve merger with BG Group

Daniel J. GraeberTHE HAGUE, Netherlands, Jan. 27 (UPI) — More than 80 percent of shareholders in Royal Dutch Shell voted in favor of combining with British energy company BG Group, the Dutch supermajor said.

Bill Barrett Corp. weighing 2016 options

Daniel J. GraeberDENVER, Jan. 27 (UPI) — Bill Barrett Corp., which focuses on Colorado shale, said it was weighing its options for 2016 after reported a 9 percent decline in 2015 capital expenditures.

Scotland wants tax support for North Sea energy

Daniel J. GraeberEDINBURGH, Scotland, Jan. 27 (UPI) — The Scottish government said it would call on its British counterparts to create a favorable climate for North Sea investments in exploration and production.

Last week’s oil price rally fizzles

Daniel J. GraeberNEW YORK, Jan. 25 (UPI) — Crude oil prices retreated after surging more than 9 percent during the previous session as markets reacted to the latest supply-side concerns from OPEC.

Turkey a vital energy partner, EU says

Daniel J. GraeberANKARA, Turkey, Jan. 25 (UPI) — Turkey is a fundamental partner in the drive to ensure the European energy sector is well supplied and free from dominance, the European Commission said.

OPEC losing clout, energy chief says

Daniel J. GraeberLONDON, Jan. 25 (UPI) — The Organization of Petroleum Exporting Countries is fading, though Middle East producers may reign supreme, the CEO of Italian energy company ENI said.

E.ON readies wind farm for English Channel

Daniel J. GraeberDUSSELDORF, Germany, Jan. 25 (UPI) — Utility company E.ON announced plans to start laying the foundation for the Rampion wind farm project slated for the English Channel.