An armed faction entered a major Libyan oil terminal and a nearby airport on Friday, after attacking forces that have controlled the terminals since September, officials and residents said. The Continue Reading
Libya’s biggest oil port was seized by an armed group, dealing a blow to the North African country as it seeks to revive production of its most important commodity. Brent Continue Reading
Nigeria’s anti-graft agency filed new charges against Royal Dutch Shell Plc and Eni SpA , alleging the companies “corruptly” paid $801 million in 2011 when acquiring an offshore oil field. Continue Reading
Bankruptcies of Chinese businesses have surged in the past two years, in a sign the state is beginning to take painful steps to trim the bloated industrial sector as it Continue Reading
U.S. drillers added oil rigs for a seventh week in a row, extending a recovery into a tenth month as energy companies, including Exxon Mobil Corp, boost spending plans to Continue Reading
The Environmental Protection Agency said Thursday it is withdrawing an Obama-era request that oil and natural gas companies provide information on methane emissions at their operations. EPA Administrator Scott Pruitt Continue Reading
The number of active oil and gas rigs in the United States increased on Friday by 2. Both benchmarks were trading up earlier on Friday on reports of an evacuation Continue Reading
US oil rig counts continued expanding the domestic working crude-directed fleet, pushing it up by seven to 609 as the Eagle Ford Shale further heated up, Baker Hughes data showed Continue Reading
Federal Reserve Chairwoman Janet Yellen and her top deputy signaled the central bank is on course to raise short-term interest rates as soon as this month and will seek to Continue Reading
The Trump administration is expected to begin rolling back stringent federal regulations on vehicle pollution that contributes to global warming, according to people familiar with the matter, essentially marking a Continue Reading
