Mexico’s National Hydrocarbon Commission (CNH) launched Thursday an auction to farm out seven onshore clusters under Pemex’s control in a bid to help the state oil company find financial resources Continue Reading
Venezuela on Thursday scorned a $2.04 billion award to ConocoPhillips ( COP.N ) over a decade-old nationalization as the U.S. oil producer filed suit in a federal court to enforce Continue Reading
Asia’s most externally vulnerable economies – India, Indonesia and the Philippines – have just taken a one-two punch. U.S. 10-year Treasury bond yields US10YT=RR hit 3 percent this week, a Continue Reading
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne Continue Reading
The first VLCC to directly load a cargo at the Louisiana Offshore Oil Port arrived at the port of Huizhou, China, on Sunday. The Shaden departed LOOP on February 18 Continue Reading
Last week, the U.S. averaged 2.3 million barrels per day in crude oil exports, the highest average for any week on record. The surge in exports is being driven by Continue Reading
U.S. crude, product exports rise to record 8.3m b/d last week Higher prices encourage the nation to pump more: Citigroup The U.S. looks likely to overtake Saudi Arabia to become Continue Reading
The Trump administration should brace itself for years of litigation should it downgrade fuel economy standards for vehicles, a California senator said. U.S. Environmental Protection Agency Administrator Scott Pruitt said Continue Reading
Adding more opportunities in the offshore sector is part of the effort to retool the evolving portfolio for Royal Dutch Shell, its chief financial officer said. Shell is the latest Continue Reading
Concerned parties have another 30 days to weigh in on U.S. plans to open up the Arctic waters off the coast of Alaska to drillers, the government said. The Bureau Continue Reading
