Brazil state-controlled oil firm Petrobras extended the deadline for interested parties to sign non-disclosure agreements in order to access technical, legal and financial information related to seven exploration areas it Continue Reading
Indigenous Mapuche communities demanding cash payments and blocking oil wells in Argentina’s Vaca Muerta area are threatening the long delayed development of the world’s second-largest shale fields, oil companies say. Continue Reading
Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy Continue Reading
Venezuela has invited international bondholders to negotiations over its foreign debt as the government in Caracas seeks to mitigate the impact of US sanctions and survive a deepening economic crisis. Continue Reading
Minutes before midnight, warning sirens blared across this earthquake-anxious capital. This, in itself, was not unusual. Temblors are common here, and in recent years Mexico City has held annual disaster Continue Reading
U.S. needs Chinese, Russian support for new UN restrictions Russian leader says oil sanctions could hurt ordinary people The U.S. is circulating a draft resolution at the United Nations that Continue Reading
The $9 billion purchase will transfer the Qatar Investment Authority’s 14.16 percent Rosneft stake to CEFC China Energy Company Ltd., Glencore said on Friday. China bought the shares at a Continue Reading
Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft (ROSN.MM) for $9.1 billion from a consortium of Glencore (GLEN.L) and the Qatar Investment Authority, strengthening Continue Reading
U.S. energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to Continue Reading
Colonial Pipeline Co, the biggest U.S. fuel system, said on Friday it expects the full restart of its crucial supply point at Port Arthur, Texas by the end of the Continue Reading
