Posts filtered on Category
Saturday’s focus shifted to the private sector, with several companies announcing agreements, including some from Germany’s Siemens AG that were the largest single package signed at the three-day conference.
Senators want the United States to renew a longstanding pledge to supply Israel with crude if the country’s oil supplies are interrupted.
The International Energy Agency says stable oil prices in recent weeks could be a mirage, as the market hasn’t finished shedding a global glut in crude supplies.
Every economic indicator measured by the index fell in January, the report indicated.
OPEC Secretary-General Abdalla El-Badri also urged OPEC nations to diversify their economies, many of which rely mostly on oil revenue.
Canadian National Railway Co. is building a 1,500-foot long track to bypass a burning train that derailed Saturday in northern Ontario, while BNSF Railway Co. crews were working Sunday to reopen track in rural Illinois after a train carrying oil derailed three days ago.
The derailment involved 10 train cars — some of which caught fire and entered the Mattagami River System, police said
About 1,100 oil and gas workers lost their jobs in February, as low crude prices spurred energy companies to lay down rigs and lay off employees.
Natural gas in working storage fell by 228 billion cubic feet to a total of 1.71 trillion cubic feet in the week ending Feb. 27, according to U.S. Energy Information Administration data.
AUSTIN – Despite falling oil prices, production cutbacks and persistent safety concerns, rail officials plan to continue shipping millions of gallons of volatile crude oil from the Bakken region of North Dakota through Texas, according to updated records provided by state officials on Wednesday. Average weekly volumes reflect little change from a first batch of […]