China’s gasoline exports in February fell to a three-year low, a sharper decline than analysts had expected, latest data from General Administration of Customs showed. Receive daily email alerts, subscriber Continue Reading
Oilfield services provider Schlumberger will focus on monetizing existing full-field production management contracts in the near to medium term and will not undertake new such deals in the meantime, chairman Continue Reading
The U.S. Gulf Coast’s most important industrial waterway partially reopened on Monday after it was polluted with cancer-causing benzene and toxic runoff from the region’s worst chemical disaster in more Continue Reading
When Alberta’s government announced obligatory oil production cuts last December, it was a desperate attempt to arrest a price slide of the local crude benchmark that had led to discounts Continue Reading
The US Coast Guard has ordered pilots to stay at least 30 minutes apart as clean-up continues. (Bloomberg) — The U.S. Gulf Coast’s most important industrial waterway partially reopened on Continue Reading
The fuel economy of cars and other light-duty vehicles has slowed down in recent years. After improving by an average of 1.7% per year from more than a decade, fuel Continue Reading
European primary gas demand fell 1.9% to 599 Bcm in 2018, while renewable power generation grew 8.5% to 1,462 TWh, the International Energy Agency said in a report Tuesday. Receive Continue Reading
As America’s Russia hysteria is stirred once again by the arrival of the long-awaited report of the U.S. Department of Justice into Russian meddling in the 2016 presidential election, a Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Monday, pressured by lingering fears of a global economic slowdown, despite some support seen for supply-side fundamentals.At 10:45 am Singapore Continue Reading
Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela. Brent crude oil Continue Reading
