Petroleos de Venezuela SA is preparing for the departure of its president Eulogio Del Pino in what would be the biggest management shift in years for the state-owned oil producer, Continue Reading
OPEC production cuts and economic woes are complicating Schlumberger NV’s (SLB.N) efforts to collect $1.1 billion from Ecuador’s state-owned Petroamazonas, casting a cloud over the oil services company’s first-quarter results. Continue Reading
The board of Japan’s Toshiba Corp has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday. A Toshiba spokeswoman said the Continue Reading
Many fossil fuel executives are celebrating President Trump’s move to dismantle the Obama administration’s Clean Power Plan. But their cheers are muted, because market forces and state initiatives continue to Continue Reading
For the past 35 years, I’ve worked as an ecologist in the Amazon, Africa, and the Asia-Pacific region on an array of environmental issues, mostly revolving around tropical forests, biodiversity, Continue Reading
The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was president. That should change in 2018 when the country is Continue Reading
The newest oil refineries in Texas are looking to join the hottest two plays in the North American oil industry. Raven Petroleum LLC and MMEX Resources Inc. are building refineries Continue Reading
ExxonMobil, the largest American oil group, has written to the Trump administration urging it to keep the US in the Paris climate accord agreed at the end of 2015. In Continue Reading
U.S. crude oil exports averaged 520,000 barrels per day (b/d), 55,000 b/d (12%) above the 2015 level, despite a year-over-year decline in domestic crude oil production. Even though oil exports Continue Reading
U.S. President Donald Trump’s administration has billed his move to re-open federal lands to new coal leases as a win for miners seeking to expand production. But a review of Continue Reading
