The diplomatic crisis between Saudi Arabia and Iran presents a new test for the Organization of the Petroleum Exporting Countries at a particularly challenging time for the oil-producing cartel. The Continue Reading
Islamic State fighters attacked two oil terminals in eastern Libya, setting on fire a large storage tank at one of the facilities, Libyan oil officials said on Monday. The attacks Continue Reading
Aldemir Bendine has been the company’s chief for 11 months. In Portuguese that stands for Tuesday, Wednesday, Thursday—the three days a week that Mr. Bendine typically shows up at the Continue Reading
Traffic was flowing smoothly Monday morning on Outer Ring Road in South Delhi, usually jammed at that hour by subway construction and cars. An upscale market was dotted with free Continue Reading
Beijing waded in to prop up China’s stock and currency markets on Tuesday, helping to temper losses by calming fears over the looming expiration of a share-sale ban and intervening Continue Reading
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. Continue Reading
Crude oil production at Syncrude Canada’s oil sands operation averaged 238,800 barrels per day (bpd) in December, down 26 percent from November, the joint venture’s largest-interest owner, Canadian Oil Sands Continue Reading
Canadian Oil Sands holds the largest stake in the Syncrude oil-sands mining consortium. Canadian Oil Sands shareholders have until Friday to accept Suncor’s offer of 0.25 of a share for Continue Reading
US manufacturers last month recorded their largest contraction in demand in more than six years as the strong dollar and low oil prices continued to drag on the economy. The Continue Reading
This is a guest post by Ciaran Nolan Disclaimer The opinions and views expressed in this presentation are solely those of the author and not necessarily those of any organisation. Continue Reading
