Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex. Canada’s Renaissance Oil and Continue Reading
On Saturday, China said that it was suspending all imports of coal from North Korea as part of its effort to implement United Nations Security Council sanctions aimed at stopping Continue Reading
China’s top coal producers will meet on Tuesday to discuss plans for stabilizing output this year, the official Shanghai Securities News reported. The meeting organized by the China Coal Association Continue Reading
China’s steel mills and traders were scrambling to find alternative supplies of coking coal for steel making on Monday after Beijing slapped a surprise ban on coal imports from its Continue Reading
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Chinese independent, or teapot, refiners are bringing in rare cargoes of Continue Reading
US corporate tax reform plan for a tariff on imports, but not exports, could boost income for domestic producers, but it might also pump up gasoline prices and raise refiners’ Continue Reading
While the Permian field has enjoyed a continued boom, with a rising rig count and an increase in investment activity, other U.S. onshore shale and tight oil fields haven’t been Continue Reading
Scott Pruitt was confirmed Friday as administrator of the US Environmental Protection Agency by a 52-46 Senate vote. Oklahoma’s attorney general since 2011, Pruitt has sued EPA on behalf of Continue Reading
Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst Continue Reading
Russian oil producer Rosneft reported Monday it started new drilling operations in Iraq, alongside a Chinese contracting partner. Rosneft said it started a new exploration well, which according to state Continue Reading
