Chron.comUS oil inventories keep falling, but products are risingChron.comThe nation's crude oil stockpiles fell by almost 5 million barrels last week, continuing the trend of eliminating the country's oil glut. But the U.S. refining sector is cont …

The GuardianOil price hits three-year high of nearly $70 a barrelThe GuardianDrivers have been warned they face misery at petrol pumps this year after the oil price rose to a three-year high of almost $70 (£52) a barrel. In November, Opec and other major o …

Financial TimesNorway's $1.1tn oil fund seeks to invest in private equityFinancial TimesThe world's largest sovereign wealth fund has recommended it be allowed to invest in private equity, in what would be a significant change in strategy. To start …

The GuardianOpec likely to extend production curbs to bolster oil pricesThe GuardianThe world's major oil producers are expected to extend production cuts to shore up the oil price on Thursday, after Saudi Arabia said it wanted curbs to continue until …

Seeking AlphaCrude Oil Has Significantly Out-Performed OIH Since JuneSeeking AlphaLast week, crude oil corrected prior to the NYMEX options expiration date (which I was positioned for), and then moved higher to end the week. Crude oil continues to show tec …

Financial TimesRussia's Rosneft inks new oil supply deal with Chinese partnerFinancial TimesRussian oil major Rosneft has agreed a new oil supply deal with Chinese partner CEFC China Energy, as the two companies look to deepen their cross-border relati …

The GuardianUK trade minister lobbied Brazil on behalf of oil giantsThe GuardianBritain successfully lobbied Brazil on behalf of BP and Shell to address the oil giants' concerns over Brazilian taxation, environmental regulation and rules on using local …

The EngineerEngineering the world's grandest architectural projectsThe EngineerTucked away in the heart of Cambridge's city centre sits the R&D department of one of the UK's most interesting engineering firms. Founded in 2003, Newtecnic is …

UltraSoC announces Bristol engineering facility plansbit-tech.netUK semiconductor company UltraSoC has announced impending expansion, including new engineers at its Cambridge headquarters and the opening of a new facility in Bristol, driven by increasing i …

Inaugural AEMT AwardsPlant & Works Engineering magazineIan Atkinson, publishing director of Plant & Works Engineering, official media partner for the Awards, concluded: “With the ongoing necessity for businesses to adopt better maintenance practices to …