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Financial TimesExxonMobil on course to cut reported proved oil reserves by 19%Financial TimesIn a statement in its third-quarter earnings release, the company said that if the low crude prices in 2016 persisted until the end of the year, then it would have
Admin 28.10.2016 0 90

Wall Street JournalChina's Oil Giants Shrink Their SpendingWall Street JournalBEIJING—China's once-freewheeling oil giants are singing a new tune: They'd rather sit on stockpiles of cash than produce more energy. As the commodities slump stretc
Admin 28.10.2016 0 118

Wall Street JournalChina's Decline in Oil Production Echoes GloballyWall Street JournalBEIJING—China's struggling oil sector has entered a challenging new phase: long-term decline of its domestic production. Oil production in China likely peaked la
Admin 25.08.2016 0 75

Wall Street JournalAramco Buyer Beware: The Risky Track Record of Government OilWall Street JournalSaudi Arabian Oil Co. has captured the oil industry's attention with plans for an initial public offering that could raise more than $100 billion, but so
Admin 28.07.2016 0 73

Financial TimesOil and copper bounce back on UK hopesFinancial TimesCommodity markets were buoyed on Monday by polls showing a growing likelihood of the UK voting to remain in the EU with oil climbing back above $50 a barrel and copper rising 1 per cent. I
Admin 20.06.2016 0 64

Economic TimesOil-poor India needs to supersize its Rosneft order: GadflyEconomic Times3 oil importers are obvious. Russia has been fighting Saudi Arabia for market share in China for years, and often bests the world's biggest producer in terms of impo
Admin 20.06.2016 0 62

Financial TimesHigh Oil Prices Help Sentiment in Asia-Pacific MarketsWall Street JournalShares in Asia were mixed Tuesday as oil prices hovered near a high for the year. Japan's Nikkei Stock Average rose 0.9%, Australia's S&P/ASX 200 gained 0.5
Admin 17.05.2016 0 82

Wall Street JournalChina's Oil Companies Produce Mixed Results Despite Government AidWall Street JournalBEIJING—China's efforts to support its state-controlled oil giants have so far yielded mixed results, showing how the global oil-price slump is
Admin 29.04.2016 0 110

NPRMysterious Death Uncovers Risk In Federal Oil Field RulesNPROn a cold night in January 2012, Dustin Bergsing climbed on top of a crude oil storage tank in North Dakota's Bakken oilfield. His job was to open the hatch on top and drop a rope inside to
Admin 30.03.2016 0 81

Wall Street JournalWhere Oil Workers Have Job Security: ChinaWall Street JournalBEIJING—High on the Chinese government's priority list is building leaner, more competitive state companies. But the dismal earnings reported by national oil giants in rece
Admin 30.03.2016 0 86