Venezuela’s Supreme Court declared an emergency decree President Nicolas Maduro says he needs to fight triple-digit inflation and the deepest recession in over a decade to be legal and valid, Continue Reading
Fuel producers from India to South Korea are finding that rising refined products from China are cutting the profit margins they’ve enjoyed from cheap oil to the lowest in more Continue Reading
When business slows and owners of ships and offshore oil rigs need a place to store their unneeded vessels, Saravanan Krishna suddenly becomes one of the industry’s most popular executives. Continue Reading
China pumps more than 4 million barrels of oil a day (only Saudi Arabia, the United States, Russia, and on a good day Canada produce more), but output is expected Continue Reading
Tight oil production in the United States increased from 2007 through April 2015, based on estimates in EIA’s Drilling Productivity Report (DPR), and accounted for more than half of total Continue Reading
Explorers in US oil fields stung by the quick rise and fall in the market last year are expected to move cautiously when crude prices begin to climb again. (Bloomberg) Continue Reading
WTI Crude Falls to Twelve-Year Low Refineries in the middle of the US are curtailing crude processing as profits shrink, leaving behind oil that’s adding to a supply glut and Continue Reading
In the three decades since BG sprung out of the U.K.’s struggling state-run gas firm, it has become an international energy company with assets including highly prized oil fields in Continue Reading
Struggling oil and gas companies are maxing out revolving credit lines typically used to cover short-term funding gaps, raising fresh concerns about banks’ exposure to the decline in energy prices. Continue Reading
Two recent drinking water investigations in Texas show dangerous levels of contamination. The larger study tested 550 water samples collected from public and private water wells in the north Texas Continue Reading
