Russia and China have stuck with Venezuela during its most recent time of need, but at least one of their loyalties may soon come to an end.
The number of active drilling rigs in the United States increased by one to 935 this week, 122 rigs down year-on-year.
…to finance its Revolutionary Guards unit through sales of oil to Syria. It cited evidence that the ship had been destined for Port Banias in Syria, including a “confidential source” who provided…
The beaten-down energy sector is starting to look oversold. That’s misguided. Here are some picks to play a rebound.
The widespread power blackout on Friday last week is thought to have been triggered by a lightning strike on the power grid near Little Barford in Bedfordshire, leading to chaos across large parts of England and Wales, and raising serious questions about the reliability of Britain’s energy infrastru
China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation.
A phone call from US President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said.
North East India’s largest refiner Numaligarh Refinery Ltd on Thursday said it has firmed up plans to diversify into exploration of crude oil within the next few months.
Oil prices rose on Friday as strong U.S. data eased investors’ worries over a possible economic recession.
…new round of currency depreciation against the US dollar beckons. Bill O’Donnell at Citi says: “Markets are running with this notion, pricing out the ability for central banks to influence economic…