Wells Fargo Joins U.S. Banks Declining To Fund New Arctic Oil Projects
Wells Fargo has become the third major U.S. bank to stop financing new oil and gas projects in the Arctic, joining the likes of Goldman Sachs and JPMorgan in a?
The American Petroleum Institute (API) estimated on Tuesday a smaller than anticipated crude oil inventory build of 1.7 million barrels for the week ending February 28, compared to analyst expectations?
Oil Major Looks To Return $80 Billion To Shareholders By 2024
Thanks to careful spending in lower-risk projects with solid returns, U.S. oil supermajor Chevron has the capacity to distribute US$75 billion-US$80 billion in cash to shareholders over the next five?
OPEC could agree further oil production cuts at its meeting in Vienna this week, even if Russia decides not to join them, unnamed sources in the know told Reuters.?
Sinopec Sends London Staff On Home Office On Coronavirus Scare
Unipec, the oil trading unit of Asia's largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like?
The Age Of Canada's Huge Oil Sands Projects May Be Over
After Teck Resources canceled its oil sands project, even approved oil sands projects could be difficult for Canada's companies to bring online in the short term until more pipeline capacity?
World's Top LNG Importer Has More Bad News For Markets
Demand for liquefied natural gas (LNG) in the world's top importer of the fuel, Japan, is set to take additional hit this month as the country ordered the closure?
Venezuela's Maduro Reshuffles Senior Jobs At PDVSA After Energy Emergency
Nicolas Maduro has appointed four new vice presidents at Venezuela's state oil firm PDVSA and a new president of the unit managing the company's relations with private foreign firms, PDVSA?
Total is among the shortlisted bidders for an offshore wind power project that has been estimated to cost some $7 billion, Bloomberg reports, citing unnamed sources in the know.?
