Oil and gas revenue to rise, predicts OBRBBC NewsRevenue from oil and gas tax is expected to rise over the next four years, according to the Office for Budget Responsibility. Documents published with the Autumn Statement forecast a rise in the price of bot …

ReutersRisking flames and mines, Iraq oil workers battle to cap burning wellsReutersQayyara's burning oil fields vividly depict the destruction the group wrought on northern Iraq, as Iraqi forces backed by a U.S.-led coalition battle to drive the jihad …

BloombergWhat Will Lift the World Economy? Goldman Says Higher Oil PricesBloombergHigher oil prices would be a boon for the global economy, according to Goldman Sachs Group Inc. Pricey crude means economies such as Saudi Arabia take in more money than they …

UPI.comMore oil coming from the North SeaUPI.com21 (UPI) -- British energy company EnQuest said Monday it delivered its first batch of oil from a North Sea field that could hold more than 10 million barrels of oil. EnQuest announced delivery from the Scolt …

UPI.comDONG Energy charts course out of oil and gasUPI.com8 (UPI) -- Danish energy group DONG Energy said that after gaining success from its renewable energy portfolio, it was leaving the oil and natural gas business behind. The company said in an interim …

UPI.comBritish oil and gas sector pleads for helpUPI.comLast than two months ago, Oil & Gas U.K. said the British oil and gas industry has been resilient in the era of lower crude oil prices. Costs have declined by up to 50 percent, while output since …

UPI.comStatoil moving quick on new oil field developmentUPI.com4 (UPI) -- Two engineering companies servicing the oil and gas sector said they were awarded contracts to help develop a Norwegian oil field with energy major Statoil. An alliance between FMC T …

RTRussia's oil industry is making the most of a weak rubleRTThe country currently taxes hydrocarbon extraction and heavy oil exports in a structure that levies lower tax rates on companies under lower crude oil prices. As oil prices decline, petroleum …

TIMEDarkness at Noon: ISIS Sets Oil, Sulfur Fires in Battle For MosulTIMERetreating ISIS fighters have set fire to oil wells as well as a sulfur plant in the area, sending up plumes of toxic black and white smoke that blanket the sky and burn the lungs. So …

TIMEDarkness at Noon: ISIS Sets Oil and Sulfur Fires in the Battle For MosulTIMERetreating ISIS fighters have set fire to oil wells as well as a sulfur plant in the area, sending up plumes of toxic black and white smoke that blanket the sky and burn the lu …