Companies extracting oil, gas and coal from U.S. federal lands will see royalties due to the government increase if Hillary Clinton becomes the country’s next president, the candidate’s campaign said. Continue Reading
U.S. diesel futures have soared about 40 percent in the last two months, prompting independent refiners to pounce, selling future output on the view that resurgent domestic demand and higher Continue Reading
Banks are increasingly requiring U.S. oil and gas companies to maintain minimum levels of liquidity, an unusual step that could help reduce the risk of being exposed to companies struggling Continue Reading
BP Plc said it agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill Continue Reading
The Scottish Parliament voted to ban fracking countrywide on Wednesday, making a moratorium on the controversial technique a permanent affair. The narrow vote can after the legislative body temporary outlawed Continue Reading
Growth in Gazprom’s gas sales to its core foreign markets of Europe and Turkey seems to stalled over the past two months after a big surge in supplies in the Continue Reading
Crude-oil prices largely stayed put in early Asian trade Thursday as traders await the outcome of a meeting of the Organization of the Petroleum Exporting Countries later in the day, Continue Reading
Oil Rig Sunset OPEC’s strategy in the past have been to maneuver its oil production to bring about market stability. However penetration of U.S. shale oil forced them to alter Continue Reading
Bab El Mandeb Strait Tanker News reports appearing Sunday, of an attack on Shell and Agip pipelines in Nigeria, indicated that ongoing attacks by militant groups have caused that country’s Continue Reading
As Saudi Arabia prepares to tap international debt markets, potential investors will soon be scrutinizing details of the kingdom’s blueprint for a post-oil era. They may find the plan’s viability Continue Reading
