OIL

10,863 articles

Total, Aramco to retail fuel in Saudi Arabia
Feb 22, 2019 (UPI)
The venture starts with an existing network of 270 service stations just acquired from local companies TMC and STC, along with a tanker fleet. The plan is to in...
Russia's Far East gas to start China deliveries by December
Feb 22, 2019 (UPI)
"Construction of the Power of Siberia gas pipeline is going ahead of schedule, and Gazprom will start delivering gas to China well in advance, as early as Decem...
U.S. sanctions on Venezuelan oil could cut the output of refineries at home
Feb 22, 2019 (The Conversation)
As the interim director of the Tulane Energy Institute, which tracks energy markets and provides forecasts, and someone with 35 years of oil industry experience...
Petrobras starts 150K barrels-per-day platform in pre-salt field
Feb 22, 2019 (UPI)
"It is the second platform to start up in 2019, out of a total of four planned for this year, in line with Petrobras' strategic plan," the company said. The pla...
Canada energy regulator gives nod to Pacific pipeline
Feb 22, 2019 (AFP)
Prime Minister Justin Trudeau's government ordered a review of the Trans Mountain Project taking into account its impact on killer whales after the Federal Cour...
Brazil VP says US military intervention in Venezuela 'wouldn't make sense'
Feb 21, 2019 (AFP)
"I think they're more in the realm of rhetoric than action," Mourao said, referring to the threats, in an interview with AFP. "The Venezuela question needs to b...
Saudi crown prince arrives in China
Feb 21, 2019 (AFP)
Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India. The tour has allowe...
Venezuela 'on alert,' suspends links with Curacao to block aid
Feb 20, 2019 (AFP)
Opposition leader and self-declared interim president Juan Guaido has vowed to bring aid in from various points Saturday "one way or another" despite military e...
Venezuela military backs Maduro, on 'alert' for border violations
Feb 19, 2019 (AFP)
"The armed forces will remain deployed and on alert along the borders ... to avoid any violations of territorial integrity," said Defense Minister Vladimir Padr...
Venezuela 'on alert,' closes Curacao border ahead of aid shipment
Feb 19, 2019 (AFP)
Opposition leader and self-declared interim president Juan Guaido vowed to bring aid in from various points Saturday "one way or another" despite military effor...
Pro pipeline protest rolls into Canada's capital
Feb 19, 2019 (AFP)
Parked outside parliament, they honked horns and waved placards reading "Canadians need pipelines and good paying jobs," as they pressed for new regulations all...
IEA: Oil market to adjust after initial Venezuela disruption
Feb 15, 2019 (UPI)
"The sanctions are already making it difficult for PDVSA to export oil. Even so, IEA: Oil market to adjust after initial Venezuela disruption benchmark crude oi...
US military to ship Venezuela aid to Colombia
Feb 15, 2019 (AFP)
Speaking on condition of anonymity ahead of a formal announcement, the official said the aid would be sent in the coming days, most likely aboard a C-17 transpo...
Saudi crown prince to visit China
Feb 15, 2019 (AFP)
The Saudi Arabian leader, who has come under suspicion over an alleged role in the killing of journalist Jamal Khashoggi, will visit next Thursday and Friday an...
Oil prices stronger as China, US restart trade talks
Feb 15, 2019 (UPI)
West Texas Intermediate crude future prices as of 7:56 a.m. EST were 0.9 percent higher to $54.37 per barrel while Brent crude futures rose 1.3 percent to $64.4...
Shell, Eni, ExxonMobil win concessions in Egypt oil, gas exploration tender
Feb 15, 2019 (UPI)
According to Daily News Egypt report Wednesday, Shell picked up the crude oil exploration areas sector 7 West Fayoum, sector 9 South East of Horus, and sector 1...
More data, more land reclamation success
Feb 14, 2019 (SPX)
Energy pipelines transport products such as crude oil or natural gas. Some of the pipelines are above ground, but most of them are buried. Often, energy pipelin...
Venezuela at UN enlists countries in show of support
Feb 14, 2019 (AFP)
Venezuelan Foreign Minister Jorge Arreaza told reporters the newly-formed support group would take action in the coming days "to raise awareness around the dang...
EU moves ahead with Russia gas pipeline despite US opposition
Feb 13, 2019 (AFP)
The EU's revised gas directive aims to establish common gas market rules for pipelines entering the bloc from a third country, with all the focus on Russia's No...
Saudi investments to aid cash-strapped Pakistan
Feb 10, 2019 (AFP)
At the heart of the investment is a reported $10 billion refinery and oil complex in the strategic Gwadar Port on the Arabian Sea, the ultimate destination for ...
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