Constant pipeline breakages, uncertainties in security of assets amongst other issues in the Niger Delta oil fields have increased oil and gas companies’ average shut down days from 45 to Continue Reading
Citgo Petroleum, the U.S. refining unit of troubled Venezuelan state oil firm PDVSA, said that the United States had revoked the U.S. visa of Citgo’s chief executive Asdrubal Chavez, in Continue Reading
Russia and China on Thursday delayed a U.S. push for a U.N. Security Council committee to order a halt to refined petroleum exports to North Korea, asking for more detail Continue Reading
Energy independents and Middle Eastern and Asian companies are expanding their presence in the Southeast Asian oil and gas industry, replacing Big Oil majors that have been shrinking their exposure Continue Reading
After the recent visits of North Korean leader Kim Jong-un to China, Beijing has almost doubled the volume of crude oil pipeline shipments to North Korea, South Korea’s newspaper Chosun Continue Reading
Singapore — There has been a sharp increase in the number of vessels laden with coal lying idle off China’s coastline following the introduction of import restrictions in April on Continue Reading
Sydney — China’s state-owned PetroChina International has signed a three-year agreement for the purchase of 0.45 million mt/year of LNG from the ExxonMobil-operated Papua New Guinea LNG project, expected to Continue Reading
NEW YORK (Reuters) – U.S. refiners ran full-tilt in the second quarter, fueled by cheap domestic crude and fat margins that should boost earnings, though their heavy activity could eventually Continue Reading
Homes and businesses in Texas used record amounts of power on Wednesday and are expected to use even more in the coming days as consumers crank up their air conditioners Continue Reading
Steel tariffs are creating headwinds for the U.S. energy sector, impeding with the government’s own objectives and stifling production, industry leaders said. “The Trump Administration has supported the development of Continue Reading
