Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos Continue Reading
China last month imported two tankers of U.S. liquefied natural gas, nudging open a doorway that had been closed shut for a month at a time when America is rapidly Continue Reading
Chinese state oil major Sinopec has suspended the two top officials at its trading arm Unipec after the company suffered losses, sources with knowledge of the matter said on Thursday. Continue Reading
Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China’s continued gasification push, and as the region faces colder-than-usual temperatures Continue Reading
Profits fell at Chinese industrial companies for the first time in nearly three years last month, in the latest sign of an economic slowdown from weak consumption and flagging infrastructure Continue Reading
Chinese ethanol imports surged to a total of 94,051 cu m in November, from 16,043 cu m in October, with both denatured and undenatured imports showing strong growth, latest customs Continue Reading
In just two years, President Trump has unleashed a regulatory rollback, lobbied for and cheered on by industry, with little parallel in the past half-century. Mr. Trump enthusiastically promotes the Continue Reading
The spike in natural gas prices in November may prove to be short-lived. Natural gas spot prices jumped as high as $4.70/MMBtu in November, the highest price since the Polar Continue Reading
President Donald Trump’s decisions over the past week are throwing both global equities markets and oil markets into tantrums. Christmas week started with dismal developments in Washington. On Monday, the Continue Reading
U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq energy analyst Tamar Essner told Continue Reading
