China’s independent refineries in eastern Shandong province have cut February run rates to a four-year-low of around 40% in February, down from 63.5% in January, as product sales slump due Continue Reading
The sustainability of the uptrend in seaborne thermal coal prices is largely dependent on the rate of Chinese domestic production, ANZ analysts said in a report released Thursday. Receive daily Continue Reading
The coronavirus outbreak that exploded three weeks ago in the central Chinese city of Wuhan has prompted the most severe government actions in three decades. Cities are closed down, transport Continue Reading
Republican lawmakers on Wednesday will propose legislation setting a goal for the United States to plant a trillion trees by 2050 to fight global warming, a plan intended to address Continue Reading
The study comes as the Trump administration is preparing to finalize a that would allow the oil and gas industry to buy leases in every part of the Atlantic, Pacific Continue Reading
Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to less Continue Reading
Crude oil prices hesitated today after the Energy Information Administration reported a U.S. oil inventory build of 7.5 million barrels for the first week of February. The report came a Continue Reading
Occidental Petroleum expects to book around US$1.7 billion in impairments and costs for the fourth quarter of 2019 when it reports results later this month, the company said on Tuesday, Continue Reading
Despite having a strongly divided US Congress often at odds with the White House, power market experts said Wednesday they see bi-partisan movement on energy and climate related initiatives that Continue Reading
US crude stocks climbed for a third consecutive week last week as production ticked higher and exports slowed, US Energy Information Administration data showed Wednesday. Commercial crude inventories increased 7.46 Continue Reading
