Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction
(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction
(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction
(Bloomberg) — Oil rose after a blast on a bus in Tel Aviv injured at least 10 people, boosting speculation that the conflict between Israel and the
(Bloomberg) — Bob Dudley shrank BP Plc to save it. The onetime Mississippian and current chief executive officer has sold more than $50 billion of assets
LONDON–A shale oil boom means the U.S. will overtake Saudi Arabia as the world’s largest oil producer by 2020, a radical shift that could
Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with
(Bloomberg) — President Barack Obama and the governors of New York and New Jersey took steps to ease the misery of motorists waiting in miles-long lines
(Bloomberg) — Oil fell for a second day in New York and headed for the biggest monthly decline since May after refiners reduced operations on the U.S.
Game, set and match to Rosneft. The state-owned Russian oil giant (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly
China and Japan sat down for talks and agreed to jointly develop a natural gas field under the East China Sea, defusing a dispute between Asia’s
BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65
The International Chamber of Shipping (ICS), whose members represent more than 80% of the world’s merchant fleet, has expressed disappointment and
CARACAS–Venezuelan state oil monopoly Petroleos de Venezuela, or PdVSA, signed a 15-year crude supply contract with India’s Reliance Industries
(Bloomberg) — The Obama administration will report today that Iran’s state-owned oil company is linked to a military unit sanctioned for weapons
(Bloomberg) — The Louisiana Offshore Oil Port, the largest waterborne petroleum import terminal in the U.S., has begun to receive tankers of domestic
(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a
LONDON–Up to 4 million barrels of North Sea Forties crude oil, the main component of global pricing benchmark Brent, are set to leave the region for
AMSTERDAM–Dutch dredging and maritime services provider Royal Boskalis Westminster N.V. (BOKA.AE) said Thursday that its Smit Lamnalco associate has been
While Venezuelan officials maintain that a recent major fire at the country’s largest refinery last month hasn’t hurt its oil business, the
Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily
(Bloomberg) — Rising gasoline prices and production cuts tied to a storm named Isaac churning across the Gulf of Mexico have some energy analysts
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