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ReutersOil rises more than 1 percent as Libyan outage supportsReutersPrices were also buoyed by comments from Saudi Arabia's energy minister Khalid al-Falih, who said that oil markets are rebalancing and that he expected inventories to continue declini
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Newsweek7 Myths Big Oil Is Using to Convince People It Can Solve Climate ChangeNewsweekIn the past month alone, major players within the fossil fuel industry—“big oil”—have made some big announcements regarding climate change. BP revealed plans to reduce i
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ReutersOil slips to $66 a barrel as US output offsets OPEC curbsReutersOil also slipped as the U.S. dollar strengthened. A stronger dollar can make oil and other commodities denominated in the U.S. currency more expensive for other currency holders. The la
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ReutersOil pressured by high US crude exports; drop in crude stocks prevent bigger fallReuters“Part of that (inventory fall) is the shape of the oil curve which makes it uneconomic to store product,” said Greg McKenna, chief market strategist at futures br
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Row over Kenyan oil revenues threatens to delay productionReutersLOKICHAR, Kenya, Feb 23 (Reuters) - In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone c
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Schlumberger, Subsea 7 in talks to form oil services joint ventureReutersSince 2015 Schlumberger and Subsea 7 have collaborated for some of their work in designing, building and laying oil and gas production installations on the seabed. The two firms now a
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Barron'sOil weighed by US crude exports; lower crude stocks prevent bigger fallReutersU.S. crude oil production was virtually unchanged last week at 10.27 million bpd, close to levels of top producer Russia and more than OPEC-kingpin Saudi Arabia pumps. Pr
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The Conversation AUHow media framing limits public debate about oil explorationThe Conversation AUThroughout the world, people are taking direct action to tackle environmental problems – from Standing Rock in the United States, to the Carmichael coal mine
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ReutersOil prices climb after unexpected drawdown in US crude stocksReutersCrude stocks at the Cushing, Oklahoma, delivery hub for U.S. futures USOICC=ECI fell 2.7 million barrels last week, the ninth straight week of drawdowns, the EIA said. “The reason t
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ReutersOil prices climb after unexpected drawdown in U.S. crude stocksReutersOil prices rose to two-week highs on Thursday, boosted by data showing a surprise draw in U.S. crude inventories and also by a drop in the dollar.Oil Jumps as Surprise US Supply D
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