Crude, NGL exports increase by 6.2% UK crude oil production surged by almost 14% in 2015 to 42.640 million mt, or 882,000 b/d, the first significant annual increase since 1999, Continue Reading
Oil, gas production rose 14% to highest in five years Eni SpA reported a fourth-quarter loss after the slide in energy prices deepened even as the company’s oil and gas Continue Reading
A shift is under way that will lead to widespread adoption of EVs in the next decade. Your browser does not support the video tag. With all good technologies, there Continue Reading
Oil declined as expanding U.S. crude inventories kept supplies at the highest level in more than eight decades. Futures lost as much as 2.2 percent, erasing a 0.9 percent gain Continue Reading
Oil prices slid further on Wednesday after Saudi Arabia dismissed the possibility of a production cut and traders expected another increase in U.S. oil stockpiles. Brent crude, the global oil Continue Reading
The world’s top oil executives gathered in Houston this week seem to agree on one thing: this year is set to be so horrible that many skip right to 2017 Continue Reading
Dutch oil trader Trafigura confirmed it delivered a cargo of crude oil sourced from U.S. basins to Israeli refineries in an early start for U.S. oil deliveries. Trading company Vitol, Continue Reading
Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of the Petroleum Exporting Countries on Tuesday when he said the kingdom was prepared to let oil prices Continue Reading
Around half of Iran’s estimated 1.2 million mt of fuel oil exports loading in February are expected to end up in Singapore, market sources said this week. Iran is believed Continue Reading
The deserted royal palace here, hidden behind locked gates and an overgrown garden, stands as a monument to Col. Muammar el-Qaddafi ’s virulent rejection of Libya ’s monarchy. Colonel Qaddafi Continue Reading
