Two of Venezuela’s four crude oil upgraders, which are necessary to process the country’s extra-heavy crude into exportable grades, have restarted after halting activities due to blackouts in March, according Continue Reading
Argentina’s state-led YPF is preparing a shipment of light crude from Vaca Muerta, a trend the federal government expects to gain as production increases from the shale play, Argentinian Energy Continue Reading
Venezuela’s government has signed an agreement with Russia under which the iron, steel, mining and agriculture industries will receive Russian investment and other participation, Venezuela’s official press said Tuesday. The Continue Reading
Mexico’s government will open retail gasoline stations controlled by the army if retailers do not decrease fuel prices, President Andres Manuel Lopez Obrador said Tuesday. Register Now CIF Eastern Mexico Continue Reading
U.S. Agriculture Secretary Sonny Perdue said on Tuesday that talks with China about reducing Beijing’s tariff on U.S. ethanol products were “positive” but cautioned the discussions were not yet over. Continue Reading
From the Altai Mountains to the Pacific Coast, logging is ravaging Russia’s vast forests, leaving behind swathes of scarred earth studded with dying stumps. The culprit, to many Russians, is Continue Reading
China National Petroleum Corp (CNPC), the country’s largest state-owned oil and gas company, said on Wednesday it will permanently close a small refinery in China’s northwest after the plant failed Continue Reading
ExxonMobil, France’s Total, and Australia’s Oil Search have signed a gas agreement with Papua New Guinea, outlining the fiscal terms for a new liquefied natural gas (LNG) project in the Continue Reading
U.S. crude oil production is expected to rise by 1.43 million barrels per day (bpd) in 2019 to average 12.39 million bpd, the U.S. Energy Information Administration (EIA) said on Continue Reading
Forecast Highlights Global liquid fuels For the 2019 summer driving season that runs from April through September, EIA forecasts that U.S. regular gasoline retail prices will average $2.76 per gallon Continue Reading
