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Peru pipeline leaks in Amazon; Two rivers polluted, agency says

LIMA, Feb 22 (Reuters) - Ruptures in Peru's main oil pipeline have spilled 3,000 barrels of crude in an Amazonian region, operator Petroperu said Monday, and the oil has polluted two rivers native villages rely on for water, according to government officials.

Oil dips as rising Iranian output to counter falling U.S. shale production

SINGAPORE, Feb 23 (Reuters) - Oil prices dipped slightly in early trading on Tuesday after posting strong gains the previous session on the back of an expected drop in U.S. production, but which analysts expect to be countered by rising output from Iran.

RPT-COLUMN-Hedge funds turn attention to oil storage: Kemp

LONDON, Feb 22 (Reuters) - Hedge funds have taken an increasingly nuanced position on oil prices since the start of the year, becoming more bearish towards U.S.

New Mexico House, Senate Pass Geothermal Legislation

The New Mexico House and Senate have passed a bill that, if signed by Gov. Susana Martinez, will encourage additional geothermal development in the state.

Oil lobby warns UK output could halve by 2025 if money dries up

LONDON, Feb 23 (Reuters) - British oil and gas production could halve by 2025 if oil companies do not spend enough to squeeze every last drop out the North Sea, industry group Oil and Gas UK warned on Tuesday.

Gas only a stopgap for UK without carbon capture -report

LONDON, Feb 23 (Reuters) - Natural gas only has a stopgap role in moving Britain to low-carbon energy until 2020 and will then be limited without carbon capture and storage (CCS) technology, a UK Energy Research Centre report said on Tuesday.

Researchers find simpler way to convert CO2 and water directly into renewable liquid hydrocarbon

Researchers from the University of Texas at Arlington (UTA) have developed a one-step process to convert carbon dioxide and water directly into useable liquid hydrocarbon fuels.

CERAWEEK-Occidental CEO warns of looming issues from midstream debt

HOUSTON, Feb 22 (Reuters) - Oil and gas pipeline and processing companies that borrowed vast amounts to grow when crude oil prices were much higher and U.S.

As U.S. crude rallies, investors jump on bearish options bets

NEW YORK, Feb 22 (Reuters) - Despite a rally on Monday, bears are still in the driver's seat of the U.S. crude oil market, options data showed, leaving the market vulnerable to another leg down.

CERAWEEK-Mexico to accelerate fuel imports, sets date for key oil tender

NEW YORK, Feb 22 (Reuters) - Mexico will speed up the opening of its retail fuel sector by allowing private firms to import gasoline and diesel some eight months earlier than previously scheduled, President Enrique Pena Nieto told a global gathering of energy officials on Monday.

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