Global levels of the hydrocarbons ethane and propane in the atmosphere have been underestimated by more than 50%, according to a new study by a team of scientists from Europe Continue Reading
il steadied around its highest prices in three weeks on Monday, supported by comments from Saudi Arabia that it would continue to curb shipments in line with the OPEC-led effort Continue Reading
American shale fields have flooded the oil market with crude, allowing the United States to import less from the Organization of the Petroleum Exporting Countries, which is led by Saudi Continue Reading
El-Feel protests disrupt output for first time in two months Oil field has output capacity of about 90,000 barrels a day Libya’s oil exports from the Mellitah terminal will be Continue Reading
State-run Saudi Aramco has agreed to supply China’s Huajin Chemical Industries Group Corp 12 million barrels of crude oil under an annual deal for 2018, up sharply from last year, Continue Reading
Venezuelan President Nicolas Maduro promised on Saturday to recover 70 percent of the country’s lost oil production in the first half of 2018. “I can tell you, the unprecedented injustices Continue Reading
Fishing in Amuay Bay. The largest refinery complex in Venezuela has occasionally spewed contaminants into the water, threatening the livelihood of families in the area. AMUAY, Venezuela — The aging Continue Reading
The Trump administration is threatening to embargo Venezuelan oil, a potentially ruinous blow to the Saudi Arabia of South America. But here in the home of the world’s largest crude Continue Reading
The oil industry in the country sitting on the world’s largest oil reserves is collapsing amid a savage economic crisis and rampant hyperinflation. So desperate is the situation in Venezuela Continue Reading
Within a few months, Mexico will have a new President. With the incumbent Enrique Peña Nieto barred from running, the most likely winner is Andrés Manuel López Obrador, leading his Continue Reading
