China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess Continue Reading
The third production facility at the Gorgon liquefied natural gas facility off the Australian coast is now in service, the regional subsidiary of Chevron said. “This is a key milestone Continue Reading
Westinghouse Electric Co., a major player in global nuclear construction, filed for bankruptcy protection, raising questions about the fate of four half-finished reactors in the U.S. A storied name in Continue Reading
MAKUHARI, Japan—Toshiba Corp. shareholders, some of them in tears, denounced management at a shareholders’ meeting Thursday outside Tokyo and asked why Toshiba had plowed billions of dollars into a now-bankrupt Continue Reading
Ramona Saucedo has been on the road for nearly two months, and she’s ready to get back home. Standing in front of a dusty white truck in the parking lot Continue Reading
European officials issued rebukes and officials around Asia said they would continue their drive toward cleaner fuels after President Donald Trump laid the groundwork to reverse his predecessor’s climate-change policies. Continue Reading
U.S. crude oil refinery inputs averaged over 16.2 million barrels per day during the week ending March 24, 2017, 425,000 barrels per day more than the previous week’s average. Refineries Continue Reading
Thousands of drilled shale wells are sitting idle, unfracked and uncompleted. The backlog of drilled but uncompleted wells (DUCs) grew dramatically beginning in 2014, as low oil prices forced drillers Continue Reading
President Donald Trump signed an executive order on Tuesday that will begin a lengthy process of dismantling former President Obama’s signature achievement on climate change – regulations that put limits Continue Reading
The U.S. is the world’s largest holder of emergency crude stockpiles, but now it’s selling off reserves, while China, the second-largest, is taking advantage of low crude oil prices to Continue Reading
