Mexico has made significant progress on hedging next year's expected crude oil output, a Mexican finance ministry official said on Friday.
Mexico's oil hedging program,
Brent falls 9 pct in October, WTI down 12 pct; Bank of Japan stimulus boost lifts U.S. dollar.
Oil's losing streak continued for the fourth consecutive month on Friday,
A Paris court rejected an appeal by gas and power group GDF Suez against the French competition authority's order forcing it to give competitors access to its client databases.
Top U.S. oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets
Serbia, which owes more than $200 million for gas supplies from Russia, said on Friday it had received less gas this week and was set for talks on rescheduling its payments.
Strong initiatives on energy access and renewable energy as well as subsidy reform reflect government determination.
Morocco’s energy strategy is very much on target,
The tanker Carabobo carrying Algerian light crude to Venezuela has finished unloading at Jose terminal and has set sail to the Caribbean island of Saint Eustatius,
NWS project to award two-cargo tender on Friday; Trading firms close out positions as price disappoints.
Asian spot liquefied natural gas prices this week extended
Danish wind turbine manufacturer Vestas Wind Systems said on Friday it had received a 66 megawatt turbine order for a wind project in Turkey.
The order was for 20 units of the V126-3.
Wärtsilä and Diesel United Ltd in Japan have signed a ten-year renewal of their co-operation agreement for the sale, manufacturing and servicing of Wärtsilä low-speed marine engines.
Investors betting that oil prices will recover are starting to support the battered prices of high-yield bonds from exploration and production (E&P) energy companies.
During meetings held at the China International Diving, Salvage and Offshore Summit 2014, a Cooperation Framework Agreement was signed between the International Marine Contractors Association (IMCA),
Gaining further ground into the offshore crane market, Delta "T" Systems supplied Cranston Eagle hooks to crane manufacturer Appleton Marine, Inc.
BMT Scientific Marine Services (BMT) was selected by Saipem to supply the riser integrity monitoring systems for the Total Egina development located 150km off the coast of Nigeria.
BP, Shell see refining profit double in Q3; falling oil price and maintenance boost refining margins. Refining overcapacity to continue weighing on sector.
Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from BOT Lease Co., Ltd (BOTL), an
Russia, Ukraine reach deal on supplies in Brussels; dispute has threatened winter supplies to Europe.
Russia may restart gas supply to Ukraine as soon as next week if Kiev pays $2.
China is set to import more than 335,000 tonnes of naphtha and diesel, rare moves for the world's no. 2 oil consumer given it has been self-sufficient at meeting domestic oil product demand,
First major public appearance of new Total head; he challenges European politicians to fight US ban.
The new head of French energy major Total challenged Europe to fight Washington over the U.
Brent falls 10 pct in October, WTI down 11 pct; Dollar strong after U.S. GDP data.
Brent crude oil fell more than a dollar towards $85 a barrel on Friday as