One of Venezuela’s top opposition figures is warning Wall Street that a recall referendum is the only way of staving off a full-blown crisis in the South American nation already Continue Reading
The latest Fortune 500 list has four oil majors in the top 100 – Exxon, Chevron, Marathon Oil, and ConocoPhillips – and another one, Devon Energy at 219. All of Continue Reading
A Colorado anti-fracking group crashed Colorado Governor John Hickenlooper’s book event over his support of fracking in the state, ending in assault claims as well as a few citations. The Continue Reading
China’s apparent oil demand contracted by 1.3% in April 2016 from a year earlier to 11.36 million barrels per day (b/d), according to a just-released analysis of Chinese government data Continue Reading
Ukraine is likely to ignore a recent Russian offer for gas supplies in the third quarter of 2016 in favor of buying elsewhere in Europe, Yury Vitrenko, a deputy head Continue Reading
The U.K. oil and gas industry will ax 120,000 jobs by the end of the year following the collapse in oil prices, according to a lobby group. This year, 330,000 Continue Reading
Europe’s reluctance towards reliance upon Russian natural gas trade is no secret. It’s also no surprise, due to fallouts between Russia and Ukraine (a major transit country for the trade) Continue Reading
Oil traded near the highest closing level in more than 10 months amid declining U.S. crude stockpiles and disruptions in producing nations such as Canada and Nigeria. Futures were little Continue Reading
Oil prices edged lower on Thursday as traders took profits after three sessions of gains, though prices remained close to their highest this year thanks to a fall in U.S. Continue Reading
Crude futures rose on Wednesday, hitting 2016 highs above $50 a barrel and settling up for a third straight day on worries about sabotage of oil facilities in Nigeria, although Continue Reading
