Brazil’s state-owned oil firm Petrobras aims to make better use of the associated natural gas in its prolific oil-rich pre-salt area by having offshore liquefied natural gas (LNG) units to Continue Reading
Highlights Province exported 19% of output in June Out of total exports, 60% went to the US Surge in exports comes as lockdown hurts local demand Buenos Aires — Producers Continue Reading
China’s crude oil imports in June hit a record high, according to a market analysis by OilX Research, in a sign that China’s thirst for crude oil is not being Continue Reading
The People’s Republic of China (PRC) seemed to be considering, by July 2020, whether to risk early military conflict as a means of moving its declining strategic fortunes back from Continue Reading
US crude oil inventories likely declined during the week ended July 3 amid an expected uptick in refinery demand and rising exports, analysts surveyed by S&P Global Platts said July Continue Reading
Here is a preview of issues to watch this week in the oil and gas markets. The $40 per barrel level for West Texas Intermediate crude oil could trigger an Continue Reading
Asian economies that appear to have a handle on the initial macroeconomic destruction caused by COVID-19 also happen to be prolific buyers of U.S. light sweet crude. The near-term economic Continue Reading
A senior Federal Reserve official has warned that the rebound in the world’s largest economy is in danger of stalling as a result of the recent spike in coronavirus infections Continue Reading
Dominion Energy’s decision to sell its gas business to Berkshire Hathaway for $9.7 billion illustrates the enormous challenges US utilities face in meeting daunting state clean energy goals. Dominion is Continue Reading
In a preemptive move, a group backed by the Colorado oil and gas industry is pursuing a ballot initiative meant to prevent local governments from banning the use of natural Continue Reading
