Venezuelan opposition leaders said on Tuesday that the opposition-controlled congress was preparing to consider new energy legislation that would allow faltering oil production to recover with outside help. Ricardo Hausmann, Continue Reading
The United States is prepared to impose “very significant” additional sanctions against financial institutions over the situation in Venezuela in the coming days, U.S. special envoy Elliott Abrams said on Continue Reading
Venezuela ordered American diplomats to leave the country within 72 hours on Tuesday after President Nicolas Maduro accused U.S. counterpart Donald Trump of cyber “sabotage” that plunged the OPEC nation Continue Reading
Global liquid fuels Brent crude oil spot prices averaged $64 per barrel (b) in February, up $5/b from January 2019 and about $1/b lower than at the same time last Continue Reading
Less than two weeks after Alaska Gov. Michael Dunleavy cast doubt over the $43 billion Alaska LNG project, two oil majors have resuscitated hope that the massive capex project could Continue Reading
Tesla, Inc., won’t be closing all its retail stores, but the game will continue to change for the electric automaker and its competitors. While Tesla is backing off its plan Continue Reading
Highlights 2019 production forecast at 694.9 million st, down 7.8% from 2018 Coal expected to make up 24.7% of power generation, gas at 36.5% Houston — The US is estimated Continue Reading
The Port of Corpus Christi should be able to load Aframaxes, Suezmaxes and partially loaded VLCCs to export US crude to international markets by October 2020, an executive with The Continue Reading
US light tight oil has become the marginal barrel for the global crude market and shale production represents the highest return on investment, but capital is also pouring into conventional Continue Reading
The explorer is opting to snap up cheap acreage in overlooked areas like the Louisiana Austin Chalk. (Bloomberg) — Marathon Oil Corp. is mirroring private equity as it looks for Continue Reading
