Non-Renewable
Oil price ‘correction’ seen by year-end by U.A.E. energy minister
The United Arab Emirates foresees a “correction” in crude prices by the end of the year, and the...
China’s CNPC to cut capex 23%, lower oil output on price crash
China National Petroleum Corp. said it will cut capital spending this year by more than 20% and sees domestic...
Oil extends advance above $36 as U.S. explorers idle more rigs
Oil extended gains above $36/bbl as U.S. drillers cut the number of active rigs to the lowest in...
Marubeni and El Sewedy to do feasibility study of Egypt coal power plant
Japan-based Marubeni and Egypt's El Sewedy Electric have inked a memorandum of understanding (MoU) with Egyptian Electricity Holding...
Canadian Natural cuts 2016 budget as oil-price view darkens
Canadian Natural Resources Ltd. lowered its 2016 capital budget about 22%, joining peers in clawing back investments as...
IEA rings ‘alarm bells’ on deeper oil industry spending cuts
The oil industry is set to further reduce spending this year as crude prices remain low, according to...
Oil trades below $31 as rising U.S. crude stockpiles expand glut
Oil traded below $31/bbl after U.S. crude stockpiles rose to the highest in more than eight decades as...
Oil pares gain after U.S. crude inventories rise to 86-year high
Oil pared gains after a government report showed U.S. crude inventories advanced to an 86-year high as imports...
Shale faces March madness as $1.2 billion in interest comes due
The U.S. shale industry must come up with $1.2 billion in interest payments by the end of March...
Rio Grande liquefied natural gas plant in Bolivia commences operations
Bolivian national oilfields company YPFB has commenced operations at the Rio Grande liquefied natural gas (LNG) plant with...
Chevron posts first loss since 2002 on cheap oil prices
Chevron Corp. reported its first quarterly loss in more than 13 years on Friday as the oil producer...