National Oil Corp. leaders reach deal on unified budget NOC to be headed by Mustafa Sanalla, based in Benghazi Rival leaders of Libya’s National Oil Corp. reached an agreement to Continue Reading
Rival Libyan oil companies have finalized a deal to merge, Libyan officials said, removing a key obstacle to the unification of the conflict-torn nation under the auspices of a single Continue Reading
Two Chevron wells, state-oil pipelines targeted, group says Country’s oil output in May was lowest in almost 30 years: IEA Niger Delta Avengers, a militant group operating in Nigeria’s southern Continue Reading
IOC aims to boost refining capacity by 30% over next 6 years Country’s capacity may reach 340 million tons by 2030: Singh Indian Oil Corp. will spend about 400 billion Continue Reading
U.S. consumption revised lower while supply at seasonal high Money managers cut bullish crude bets to lowest since March American drivers’ seemingly insatiable thirst for gasoline is running into a Continue Reading
U.S. oil production losses in April from a year earlier exceeded the monthly output of some members of the Organization of Petroleum Exporting Countries, signaling the success of the group’s Continue Reading
The collapse of oil prices has killed off any appetite that the oil industry had for megaprojects that cost tens of billions of dollars. With scarce resources, oil companies have Continue Reading
A just-released National Highway Traffic Safety Administration (NHTSA) statistical projection of traffic fatalities for 2015 estimates that 35,200 people died in motor vehicle traffic crashes—an increase of about 7.7% as Continue Reading
Volkswagen’s ( VOWG_p.DE ) CEO has rejected calls for the carmaker to compensate customers in Europe over the ‘Dieselgate’ emissions scandal along the lines of its $15 billion deal in Continue Reading
Exports rose 4.9% in six months to 5.55 million barrels a day Iran also boosts supplied to region after sanctions lifted Russian crude exports are on track to set a Continue Reading
