Crude markets are ‘saturated’ with stored crude: Al-Falih China, India show strong demand; Saudi refineries boost use Saudi Arabia, the world’s biggest oil exporter, won’t boost output to capacity and Continue Reading
Logos of Shell is pictured at a gas station in the western Canakkale province, Turkey April 25, 2016. Royal Dutch Shell announced on Wednesday new natural gas discoveries in a Continue Reading
Forcados terminal can typically export 200,000 barrels a day Pipeline in Niger Delta was blown up by militants 6 months ago Royal Dutch Shell Plc’s Forcados pipeline in Nigeria will Continue Reading
Sustained Brent crude prices below $50 a barrel will damp the prospects for new oil projects in West Africa. Angola, the continent’s biggest producer, has the lowest break-even price of Continue Reading
Argentina Rig Argentina is advancing in its mission to become the largest shale oil and gas producer outside of North America. But well economics still challenge the industry, despite heavy Continue Reading
A Roman Catholic priest has trekked hundreds of miles from his parish. Tribesmen marched barefoot from the southern Amazon jungle carrying spears. They will be joined by disabled activists from Continue Reading
China’s state-owned Shanghai Electric Power Co. 600021 3.08 % plans to acquire a controlling stake in Pakistani power utility K-Electric Ltd., in a deal that could be one of the Continue Reading
U.S. total oil demand rose in June on a year-over-year basis for the fifth straight month, as record gasoline demand offset stale distillate sales, the U.S. Energy Information Administration said Continue Reading
Output grows 0.6% in June to cap grim second-quarter result Data suggests GDP ‘to get a nice lift in the third quarter’ Canada’s economy grew at the fastest pace in Continue Reading
Sheela Tobben The U.S. last week imported 8.92 million barrels a day of crude, the largest amount in almost four years, according to preliminary data from the Energy Information Administration. Continue Reading
