ENERGY NEWS-Slow start for oil prices after U.S. GDP report

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Slow start for oil prices after U.S. GDP report

July 28 (UPI) -- A mixed report on U.S. GDP and stable incomes reported in the European economy gave only modest support for rallying crude oil prices in early Friday trading.

Alaska energy threat a new low, House leader says

July 28 (UPI) -- The Trump administration walked an ethical line by using a "bag man" to threaten Alaska's energy over a healthcare vote, a leader in the U.S. House said.

Drilling set to begin in British shale

July 28 (UPI) -- With its drilling rig on site, a British shale gas explorer said it expects to address offshore production declines with onshore operations by year's end.

Statoil starts new production after strong second quarter report

July 28 (UPI) -- Production started at a field in the Norwegian waters of the North Sea that holds an estimated 11 million barrels of oil equivalent, Statoil announced.

U.S. wind power momentum up 40 percent from last year

July 28 (UPI) -- About half of the population in the state of Kansas could now be drawing energy from wind power as the U.S. sector gains momentum, an industry report showed.

Russia drafts agreement to tap Iranian oil fields

July 28 (UPI) -- An agreement with an Iranian engineering services company expressed mutual interest in working in the oil fields of Iran, a Russian energy company said.

Venezuelan oil sanctions carry risks for U.S. economy

July 28 (UPI) -- The U.S. Treasury Department is ready with tougher sanctions on Venezuela, including crude oil restrictions, but may hold back, an industry report read.

Maasai women bring clean energy to rural villages in Kenya, Tanzania

July 27 (UPI) -- Solar power and clean-burning stoves are saving lives and changing fortunes in the Maasai lands between Kenya and Tanzania.