Oil prices up as Nigeria output declines, Venezuela production falls
Oil prices edged upas output falls in Nigeria and worries about political instability in Venezuela tightened the market, [...]
Oil
Shell creates New Energies for new wind power investments
According to a report, Europe’s largest oil company, Shell, has established a separate division called New Energies to [...]
Oil prices stabilize, worries rise over storage build at Cushing
Oil prices stabilized but futures remain under pressure on signs of another storage build at the hub for US crude futures. [...]
US EPA finalizes rules to cut methane, other emissions from gas and oil sites
New rules to regulate methane and other emissions from new natural gas and oil drilling sites have been completed by the US [...]
Saudi Aramco plans to grow production and expand operations
Saudi Arabia’s state-run oil company said that production will increase slightly this year. It has also detailed plans on [...]
Oil price rises 2% in Asia as supply is threatened by Canadian wildfire
At the start of Asia’s Monday oil trading session, oil prices increased more than 2% as supply outages persisted over the [...]
US output drop, Canadian wildfire increase crude oil price
For a second day, oil prices increased as Canada’s oil sands region wildfire cut production and US output declined the [...]
Thousands affected by Canada oil sands wildfire
Eighty thousand people are forced toevacuate as Alberta authorities fight an uncontrolled wildfire burning near Fort [...]
Oil industry bankruptcy approaches magnitude of US telecom bust
This week, a total of 59 oil and gas companies are now bankrupt after Midstates Petroleum MPOY.PK and Ultra Petroleum UPL.NL [...]
Oil price falls after Iraq exports rise to near record in April
Oil price declined a second day after Iraq’s oil exports approached a record high in April, adding barrels to a worldwide [...]
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