ENERGY NEWS-Tillerson: Paris not an isolationist move

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Tillerson: Paris not an isolationist move

President Trump acted in the people's best interest with his decision on the Paris climate treaty and is not an isolationist, his secretary of state said.

Some bearish trends setting in for crude oil

June 6 (UPI) -- U.S. crude oil exports, refining activity and the fallout for the geopolitical row over Qatar left a slight bruise on oil prices in early Tuesday trading.

More offshore oil openings from Trump draw criticism

June 6 (UPI) -- The White House took another step to opening up offshore oil and gas reserves using a method that an industry critic said poses a real ecological threat.

Revenue from petroleum up for Norway

June 6 (UPI) -- The Norwegian government reported a gain in cash from first quarter petroleum activities as oil prices rebounded in response to OPEC-led balancing efforts.

Gas-rich Russia next to ponder impact of Qatari dust-up

June 6 (UPI) -- The regional dust-up over ties to Qatar could lead to bearish market sentiments, especially for natural gas, Russian energy company Gazprom said.

Supply and demand factors leave U.S. gas prices stable

June 6 (UPI) -- U.S. consumer demand isn't strong enough to match refinery output, leaving gas prices relatively stable as summer travel season kicks in, AAA reported.

Oil production in the Gulf of Mexico shows resilience

June 6 (UPI) -- With crude oil prices in May holding above the $50 mark, analysis finds the U.S. Gulf of Mexico saw gains in exploration and production activity.

U.S. policy uncertainty, Qatar row, drags oil prices lower

June 5 (UPI) -- The ripple effects of an unclear economic policy and division among parties to an OPEC-led effort to balance the market sent oil prices lower early Monday.

BP pumps more capital into North Sea programs

June 5 (UPI) -- British energy company BP is putting more capital into its North Sea program with nearly $200 million in contracts, an energy services company said.

ADB: Asia-Pacific growth tied to renewables

June 5 (UPI) -- The largest regional investor in renewable energy, the Asian Development Bank said Monday it was pegging clean energy to development in Pacific economies.