China’s oil refineries ramped up throughput in June to the second highest on record, with some independent plants raising output even as state oil majors prepare to take drastic steps Continue Reading
China’s economy expanded at an annual rate of 6.9 per cent in the second quarter, beating the government’s target in a year of political transition as unexpected strength in the Continue Reading
China mined 308.35 million mt of crude coal in June, up 10.6% year on year, National Bureau of Statistics data released Monday showed. Over January-June, it mined 1,712.63 million mt Continue Reading
Toxic waste produced by one of the world’s worst nuclear disasters will be dumped into the sea, according to the head of the Japanese company tasked with cleaning up the Continue Reading
A $2 billion private-equity fund that borrowed heavily to buy oil and gas wells before energy prices plunged is now worth essentially nothing, an unusual debacle that is wiping out Continue Reading
The US oil industry is rapidly turning the country into an energy export powerhouse, tipped last week by one prominent consultancy to start shipping more oil overseas than the majority Continue Reading
Share Favorable price differentials are leading to growing US crude exports from the Gulf Coast, which in turn is helping to fuel an infrastructure buildout that will encourage even more Continue Reading
Oil prices posted steady and solid gains this week, clawing back some of the most recent losses and moving back up into the upper-$40s per barrel. The concerns about oversupply Continue Reading
The number of active oil and gas rigs in the United States was flat this week overall, after gaining 505 rigs in the last 12 months. But on the oil Continue Reading
Oil prices rose for a fifth straight day Friday, as the U.S. dollar weakened and investors focused on signs of an easing supply overhang. U.S. crude futures settled up 46 Continue Reading
