U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.8 million barrels from the previous week. At 415.6 million barrels, U.S. crude oil inventories are about 13% below the five […]
HOUSTON — Chevron says it’s willing to pay its employees who are willing to relocate to Houston. The U.S. oil company is planning to sell its headquarters located at Chevron Park in San Ramon, California, so it can […]
Libya’s state oil company suspended shipments from the key eastern port of Ras Lanuf, according to people familiar with the matter, amid a worsening political crisis in the OPEC member. The National Oil Corp. informed […]
ENB Publishers Note: Purely my opinion, but I don’t buy this for a SECOND. All I needed to know is who ran the poll…as always, I will let the readers decide… Despite high inflation, 66 […]
(Reuters) The Texas Railroad Commission (RRC), which oversees the state’s oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year. The […]
ExxonMobil’s Canadian affiliates, namely Imperial Oil and ExxonMobil Canada, have agreed to sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources in an all-cash deal worth $1.47bn. Imperial and ExxonMobil Canada […]
The PESB recommendation will be vetted by the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi, after the go-ahead of anti-corruption bodies such as the CVC and CBI. New Delhi: SandeepKumar […]
The Centre at present decides which state-run refinery gets how much crude from each producer. The price is then worked out on a traditional formula with Brent as a marker, instead of the global practice […]
In a stock exchange filing, Reliance Jio Infocomm Ltd on Tuesday said the company’s board at a meeting on June 27, “approved the appointment of Akash M Ambani, non-executive director, as chairman of the board […]
Goldman Sachs remains highly bullish on crude and refined products. GS: recent pullback could be buying opportunity. The underinvestment thesis remains the core of Goldman’s energy market view. Goldman Sachs continues to be very bullish […]
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