Venezuela’s president creates an executive vice president post and names new vice presidents to lead PDVSA in what he described as a shake-up of the state oil company. CARACAS, Jan Continue Reading
Australian energy company Melbana said Monday it was anticipating drilling success closer to home in New Zealand while keeping its eye on Cuban reserves. Melbana, which rebranded itself last year Continue Reading
A senior U.S. lawmaker unveiled a legislative plan on Monday to scrap a rule devised under the 2010 Dodd-Frank financial reform law requiring publicly-traded mining, oil and gas companies to Continue Reading
Some people who study climate change believe that addressing it later — when economic growth has made humanity wealthier — would be better than taking drastic measures immediately. Now, though, Continue Reading
U.S. President Donald Trump’s proposed tariff on Mexican goods has the country’s oil industry considering just how much it needs the American market. A 20 percent border tax to build Continue Reading
Halliburton advises affected workers not to come to the U.S. Oil-services giant Halliburton Co. told employees to stay put. Another global oil company is reconsidering whether to place a crude Continue Reading
For years the oil industry has appealed to the executive branch and courts to de-fang a U.S. rule forcing Exxon Mobil Corp. , Chevron Corp. and other producers to disclose Continue Reading
When U.S. President Donald Trump signed orders to revive two controversial energy pipeline projects this week, he pledged to require new pipelines to use American-made steel, a gesture to workers Continue Reading
Russian oil company Gazprom Neft said its production from a field in Arctic waters more than doubled from levels reported in 2015. The company said total production from the Prirazlomnaya Continue Reading
Oil markets mostly ignored the glum forecast from BP that the world is facing a long-term oil glut that won’t disappear for 50 years. Now that is a forecast and Continue Reading
