Vitol expecting shutdowns in response to recent supply glut  LNG IndustryVitols head of LNG trading Pablo Galante Escobar has gone on record stating that the short term prospects for LNG business are bleak. Read more https://www.lngindustry.com/l …

Oil turns higher after unexpected inventory dropMarketWatchWest Texas Intermediate crude oil for April delivery CLJ8, +1.72% on the New York Mercantile Exchange erased a loss and last traded with a gain of $1.03, or 1.7%, at $62.71 a barrel. The global ben …

Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)Petro: Stable Coin for Crypto Economy or Illegal Oil Futures?Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)On Feb. 20 the pre-sale of Petro was launched and has already raised $735 mln …

The EconomistOPEC mulls a long-term alliance with Russia to keep oil prices stableThe EconomistOIL bears beware. On February 20thSuhail al-Mazrouei, OPEC's rotating president and energy minister of the United Arab Emirates, said the 14-member producers …

BloombergHungry Venezuelan Workers Are Collapsing. So Is the Oil IndustryBloombergThe Puerto La Cruz region and its ports, where refineries and upgraders are laid out against verdant bluffs and postcard beaches, produce about 89 percent of Venezuelan oil e …

TODAYonlineAsia shares mount 10-year top on strong economy, oil gainsTODAYonline"Hopes of U.S. tax cuts, a slight easing in U.S. long-term bond yields since late last month and a rise in oil prices are all positive for Asian shares," said Yukino …

Tribal blockade in Peru's oil block lifted after government dealReutersAs part of the agreement, the government of President Pedro Pablo Kuczynski promised to apply an indigenous rights law before awarding any new, long-term oil drilling contract for B …

Anadarko Petroleum To Invest $200 Million In Peruvian Oil AreaE&P(NYSE: APC) will invest some $200 million to develop an offshore oil area near Peru's northern coast, Peruvian President Pedro Pablo Kuczynski said Oct. 9. Kuczynski and executives with T …

ReutersIndigenous protesters seize oil wells in Peruvian Amazon: chiefReutersLIMA (Reuters) - Villagers in the Peruvian Amazon have shut down at least 50 oil wells operated by Frontera Energy Corp to protest talks over a new contract even as past pollution …

CBS LocalSecond Oil Sheen Spotted Near Phillips 66 RefineryCBS LocalRODEO (CBS SF) — U.S. Coast Guard officials on Wednesday said two oil sheens were discovered near the Phillips 66 Refinery in Rodeo and in northern San Pablo Bay. A Coast Guard helicopter …