Venezuela Skirts US Sanctions With Chinese Oil-For-Cash LoansOilPrice.comDespite assistance from Beijing, Venezuela is still suffering economically. The ongoing crisis in Venezuela has caused output to fall and reliable customers to find new supplies. Cuba …

WTOPMarijuana oil use likely to expand in VirginiaWTOPCurrent law only allows neurologists or epilepsy specialists to sign off on the use of cannabidiol oil. Virginia's existing law defines the oil as a processed marijuana plant extract that contains n …

ReutersExxon sees global oil demand plunging by 2040 under climate regulationsReutersExxon's study saw demand for natural gas, considered a cleaner-burning fuel than oil, growing 0.5 percent per year to about 445 billion cubic feet per day under the sa …

ReutersBP expects gas to overtake oil as main energy source in 2040ReutersVIENNA (Reuters) - BP expects gas to overtake oil as the world's primary energy source in around 2040 as demand for the least polluting fossil fuel grows, its vice president for …

ReutersInvestors sense opportunities in Big Oil - but mind the gapReutersOptimists point to developments like Shell's (RDSa.L) raising in November of its cash flow outlook to $30 billion from $25 billion by 2020, assuming prices at $60 a barrel. “Annus …

Seeking AlphaNew Mexico Is Now Third-Largest US Oil ProducerOilPrice.comFor the month of October, New Mexico's total crude oil production was 16.367 million barrels. New Mexico is now on track to set an annual oil production record in 2017, the New Mex …

New olive oil shop in Livonia brings owner back to rootsCrain's Detroit BusinessLogistics and supply chain manager Vincent Marino decided to go back to his roots last spring with a pop-up olive oil stand in Detroit's Eastern Market. "It was a phen …

Oil Survives Bearish BacklashOilPrice.comBut the problem is that the oil market has already baked in the cuts into current assumptions. “Anything apart from an extension to the end of 2018 is likely to send the oil price into an immediate tailspin,” analys …

Aljazeera.comKeystone pipeline spills 5000 barrels of oil in USAljazeera.comAn investigation is ongoing after a leak in the major Keystone energy pipeline spilled nearly 795,000 litres of oil onto farmland in the US state of South Dakota. That is the equiv …

Reuters.comOil giants unlikely to share coal's fate, for nowReuters.com“The investor exit from oil and gas as a fuel source will be slower than coal, but the emissions reduction maths is clear and so this inevitable transition has started,” said Nathan …