Oil

April 3, 2015 // 7 Comments

Latin America spends billions of dollars subsidizing fossil fuels each year, but also has some of the world’s largest [...]

TransCanada Corp , the company behind the controversial Keystone XL pipeline, is scrapping plans for a Quebec oil-export [...]

April 2, 2015 // 4 Comments

U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 [...]

Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on [...]

April 1, 2015 // 0 Comments

It has been a little over two years since Aubrey McClendon said farewell to Chesapeake Energy Corp. (NYSE: CHK), the company [...]

April 1, 2015 // 5 Comments

Venezuela has cut in half its subsidized shipments of crude oil to Cuba and Petrocaribe member nations to 200,000 barrels [...]

Texas’ average rig count and production of oil and gas fell in the latest available reporting periods, the [...]

Oil prices should stabilise in the second half of this year and rise in 2016 and 2017 as consumers respond to a period of [...]

India has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of [...]

SINGAPORE – Oil prices fell more than US$1 on Friday, after sharp gains in the prior session, as worries of a [...]