Essar tank truck Monsoon torrents and regional civil disturbances did not affect India’s hunger for fuels last month, with local refineries processing 4.82 million barrels per day, up 9.27 percent Continue Reading
The land of liberal politics, electric cars and strict pollution controls might seem like an odd place to drop $1 billion into a 115-year-old oil refinery. Chevron Corp sees an Continue Reading
Native American protesters on Monday occupied privately owned land in North Dakota in the path of the proposed Dakota Access Pipeline, claiming they were the land’s rightful owners under an Continue Reading
A leak late on Sunday prompted Enterprise Products Partners to shut its Seaway Crude Pipeline system, the largest conduit for moving oil from the major storage hub in Cushing, Oklahoma Continue Reading
Local media in Oklahoma reported Monday a company was working to contain a release of crude oil from near the main U.S. oil storage hub in Cushing. News9, a CBS-affiliated Continue Reading
Source: U.S. Energy Information Administration, based on U.S. Commodity Futures Trading Commission and Bloomberg Short positions in West Texas Intermediate (WTI) crude oil futures contracts held by producers or merchants Continue Reading
US oil and gas drillers are reporting the biggest and most sustained upturn since oil prices began slumping in the middle of 2014. (John Kemp is a Reuters’ market analyst. Continue Reading
We are now approaching a time of year, where people across many parts of the world are preparing for the winter season. Oil consumers and providers will be watching weather Continue Reading
Seeking energy from Earth’s depths Drilling into hot rocks to tap geothermal energy is one thing. Drilling deep enough to tap the energy from magma oozing into volcanoes is quite Continue Reading
A short-term cap in oil output would reduce market volatility, Russian Energy Minister Alexander Novak said on Monday at a meeting with OPEC Secretary-General Mohammed Barkindo, as both are looking Continue Reading
