By morning, three newborns were already dead. The day had begun with the usual hazards: chronic shortages of antibiotics, intravenous solutions, even food. Then a blackout swept over the city, Continue Reading
Oil and Natural Gas Corp’s (ONGC) wells are pictured in an oil field on the outskirts of the western city of Ahmedabad, India, March 16, 2016. “India is taking over Continue Reading
Venezuela has reached a deal with its main financier China to improve the conditions of an oil-for-loans deal, giving the OPEC member’s crisis-hit economy “oxygen” ahead of heavy debt payments, Continue Reading
Last Friday, President Maduro announced that he would extend the economic emergency powers decree (The same one that the National Assembly did not approve, but the Supreme Court said it Continue Reading
Asia’s refined product markets are being swamped by a wave of gasoline as a long-lasting crude oil glut spills into the one fuel market refiners had hoped would save them, Continue Reading
It would be like finding out Warren Buffett’s financial empire may have been, quite possibly, a sham. That’s what happened last year when China’s richest man — at least on Continue Reading
Low oil prices and spending cuts are cutting into China’s oil production, a little known source of output declines that are helping to balance the market. New data shows that Continue Reading
Production hiccups in West Africa coupled with an expected fall in Vietnam’s July exports come as a boon for regional crude suppliers, as these could trigger a recovery in price Continue Reading
U.S. shale oil production is expected to fall some 113,000 barrels per day in June, according to a U.S. government forecast released on Monday. Total output is expected to fall Continue Reading
As Hawaii pushes to meet its aggressive renewable energy goals, two companies have proposed offshore wind turbine projects for federal waters off Oahu. Their plan would use technology that floats Continue Reading
