Energy US oil output to surpass Russia and Saudi Arabia combined by 2025 The United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 202 Published 24 Jan, 2019 08:07pm
Energy US oil output to surpass Russia and Saudi Arabia combined by 2025-Rystad The United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 2025, c Published 24 Jan, 2019 03:18pm
Energy Oil turns negative on US stock market weakness NEW YORK: Oil prices turned negative on Wednesday, following U.S. stock markets down, on concerns about global econo Published 23 Jan, 2019 08:41pm
Energy Oil down on US stock market weakness, rising US supply NEW YORK: Oil prices fell on Wednesday, following most U.S. stock markets lower, on concerns about global economic w Published 23 Jan, 2019 08:07pm
Energy US oil firms tell OPEC their growth will slow DAVOS, Switzerland: US oil producers sought on Wednesday to soothe OPEC's worries about losing market share, telling the Published 23 Jan, 2019 04:40pm
Energy Brazil's Petrobras receives unfavorable tax ruling SAO PAULO: Petroleo Brasileiro SA (Petrobras) has received an unfavorable ruling from a tax court in a 1.7 billion reais Published 23 Jan, 2019 02:18pm
Energy Oil slumps more than 3pc on China slowdown fears HOUSTON: Crude prices tumbled more than 3 percent on Tuesday over concerns that China's slowing economy could curtai Published 22 Jan, 2019 08:11pm
Americas Energy Oil rises 3 pct on OPEC plan details, trade hopes NEW YORK: Oil prices jumped about 3 percent on Friday, rising after OPEC detailed specifics on its production-cut activi Published 18 Jan, 2019 08:15pm
Energy Oil jumps 3pc on OPEC plan details, US-China trade hopes NEW YORK: Oil prices rallied about 3 percent on Friday, boosted after OPEC detailed specifics on its production-cut Published 18 Jan, 2019 05:47pm
Energy Canadian oil firm MEG says Husky balked at friendly takeover talks WINNIPEG: The chief executive officer of Canadian oil producer MEG Energy Corp invited his counterpart at Husky Ener Published 18 Jan, 2019 05:37pm
Energy Oil recovers some losses, but trade and supply worries dominate NEW YORK: Oil prices steadied on Thursday, boosted by a rebound in US equities, after earlier losses on fears about surg Published 17 Jan, 2019 08:46pm
Energy Canadian oil companies cut 2019 capital spending Canada's oil producers are cutting their capital spending for 2019 due to volatility in Canadian crude prices and fo Published 17 Jan, 2019 12:08pm
Energy Mexico pipeline problem eyed in US Gulf Coast gasoline build HOUSTON: Traders of refined petroleum products said on Wednesday that pipeline system problems in Mexico may explain the Published 16 Jan, 2019 10:42pm
Energy Oil gains with Wall Street, but rising US fuel stocks weigh NEW YORK: Oil prices edged higher on Wednesday, buoyed by a US equity market rally and a supply cut agreement by OPEC+, Published 16 Jan, 2019 10:18pm
Americas Energy US oil output to rise to 12.9 million bpd in 2020: EIA NEW YORK: Crude oil output from the United States is expected to rise to more than 12 million barrels per day (bpd) this Published 15 Jan, 2019 10:47pm
Energy Oil rises about 3pc on economic stability hopes NEW YORK: Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China's plan to intro Published 15 Jan, 2019 09:55pm
Energy Petrobras wants to operate three blocks in 6th pre-salt auction RIO DE JANEIRO: Brazil state-run oil firm Petroleo Brasileiro SA said on Monday it plans to exercise its preferential ri Published 14 Jan, 2019 10:32pm
Energy Shell may restart Norco, Louisiana coker this week HOUSTON: Royal Dutch Shell Plc may restart the coker at its 218,200-barrel-per-day (bpd) Norco, Louisiana, refinery this Published 14 Jan, 2019 09:30pm
Energy Oil falls 2pc on concerns about weakening global economy NEW YORK: Oil prices fell more than 2 percent on Monday, taking a pause after a recent rally, pressured by data showing Published 14 Jan, 2019 09:00pm
Energy Oil falls nearly 2pc amid global economy concerns but ends week higher NEW YORK: Oil prices fell nearly 2 percent on Friday as investors worried about a global economic slowdown, snapping a n Published 11 Jan, 2019 08:45pm
Energy Mexico hedges 2019 oil at $55 per barrel, spends $1.2bn on options MEXICO CITY: Mexico completed its 2019 oil hedge, the world's largest sovereign derivatives trade, at an average of $55 Published 10 Jan, 2019 09:46pm
Energy Oil rises again but global economic concerns cap gains NEW YORK: Crude prices edged higher on Thursday, supported by comments from the US Federal Reserve chairman that lifted Published 10 Jan, 2019 09:41pm
Americas Energy Exxon's Beaumont, Texas refinery restarts CDU, restarting coker HOUSTON: Exxon Mobil Corp's 365,644 barrel-per-day (bpd) Beaumont, Texas, refinery restarted the small crude distillatio Published 09 Jan, 2019 09:54pm
Energy Enel launches voluntary layoff program at recently acquired Brazil unit SAO PAULO: Italian utility Enel Spa has launched a voluntary layoff program at the Brazilian power distribution company Published 09 Jan, 2019 09:52pm
Energy Oil jumps on US-China trade talk hopes, OPEC cuts NEW YORK: Oil prices jumped about 5 percent on Wednesday to their highest levels in nearly a month as US-China trade tal Published 09 Jan, 2019 09:51pm
Energy Mexican fuel shortage worries industry as lines grow in capital MEXICO CITY: Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from busines Published 09 Jan, 2019 09:44pm
Energy Trade war cuts US LNG exports to China in 2018 The number of US liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year Published 09 Jan, 2019 09:33pm
Energy US crude stocks fall less than expected, products build sharply: EIA NEW YORK: US crude oil stockpiles fell less than expected last week according to a largely bearish report on Wednesd Published 09 Jan, 2019 04:33pm
Energy Oil rises more than 2pc on US-China trade talk hope NEW YORK: Oil prices jumped more than 2 percent on Wednesday as the extension of U.S.-China talks raised hopes of ea Published 09 Jan, 2019 04:28pm
Americas Energy US LNG producers face risk unless trade war resolved WASHINGTON: The nascent US liquefied natural gas export industry has been particularly vulnerable to the US-China trade Published 08 Jan, 2019 08:35pm