U.S. crude, gasoline inventories climb as traders take put options to sell crude. Brent oil prices eased on Wednesday, under pressure from a rise in U.S. crude and gasoline inventories although crude prices remained near three-year highs…
Argentina and Russia signed a memorandum of understanding to boost uranium exploration and production in the South American country that could include $250 million in investment, Argentina's foreign ministry said on Tuesday.The agreement…
Gail India launches tender to sell 24 liquefied natural gas (LNG) cargoes from the Cove Point export facility in the United States in 2019-2020, according to trade sources. The tender is split into three tranches, with the first tranche offering six cargoes in the first half of 2019…
A group of leading environmental and maritime shipping organizations have called for the prohibition of transporting non-compliant marine fuels once the global 0.5 percent sulfur cap takes effect in 2020. The United Nation's International…
Restarting Libyan oilfield puts brake on rally. Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam. But losses were…
Brazilian production of refined oil products slid 4.5 percent last year to 665.721 million barrels compared with 2016, oil regulator ANP said on Friday, as output of both diesel and gasoline dipped. In 2017, gasoline output slid 1.1 percent to 164…
Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer. The new capacity quadruples the group's computing power, allowing it to process up to 22…
India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country's first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resources, the upstream regulator said.The…
Norway must identify potential offshore oil and gas reserves near its northern maritime border with Russia to better protect its economic interest in the remote Arctic region, energy minister Terje Soeviknes said on Wednesday. The two countries…
Seven senior Venezuelan officials are likely to face European Union sanctions from next week, including the country's powerful chief justice, diplomats said, as the EU seeks to pressure President Nicolas Maduro to resolve a political crisis…
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