Resident Donald Trump is taking a break from his August vacation on Tuesday to visit a Pennsylvania petrochemical plant, where he is expected to hail the facility as a prime example of his administration’s success in securing US “energy dominance and manufacturing revival,” an agenda provided by the White House states.
The outlook for Argentina’s energy companies has worsened as President Mauricio Macri’s rout in a primary election over the weekend has raised concerns about the return of more intervention in utility prices.
Ukrainian pipeline operator Ukrtransnafta said on August 13 that compensation paid by Russian oil pipeline monopoly Transneft for contaminated oil that entered the Ukrainian pipeline network had increased to 2.9 million euro, or $3.25 million.
… Oil prices jumped above $60 a barrel on Tuesday after the Trump administration said it would delay the imposition of a set of tariffs against China until December, easing trade tensions. The price of…
…what the tariffs will be.” Brent crude, the international oil benchmark, rallied more than 3.5 per cent on the news to $60.48 a barrel. Oil market watchers have been concerned about the impact of the US…
OPEC and its allies, known as OPEC+, have agreed to cut 1.2 million barrels per day (bpd) of production since January 1.
A new giant oil find in the onshore blocks of the Republic of Congo could help take its oil output to new heights and make it a significant crude producer in Africa, oil minister Jean-Marc Tchicaya told S&P Global Platts Tuesday.
The site is located in Alekseevsky district.
Improved technology and falling costs will see gas driving more FPSO projects.
…central bank paper) but this could fall further if bad debts rise. Under Ms Fernández’s presidency the banks traded at 1-1.5 times book. YPF, meanwhile, Argentina’s national oil company and one of its largest…