UAE's ADNOC Signs Crude Oil Storage Deal With Japan
The Abu Dhabi National Oil Company (ADNOC) has signed a strategic agreement to store crude oil at storage facilities in Japan, Abu Dhabi's state-held oil firm, which pumps nearly?
The American Petroleum Institute (API) has estimated surprise crude oil inventory build of 1.1 million barrels for the week ending January 10, compared to analyst expectations of a 474,000-barrel?
World's Largest Fund Manager Sees Huge Opportunity In Climate Change
The world's biggest fund manager, BlackRock, said on Tuesday it is making sustainability and transparency the center of its investment strategy as it expects investment?
UK Oil Producer Sees Shares Tumble 70% On Loan Fraud
London-listed oil producer Lekoil has suspended trade in its shares amid a budding scandal involving a loan from a company claiming to act on behalf of the Qatar sovereign investment?
Slowing U.S. crude oil production growth will likely lead to a new wave of consolidation across the U.S. shale patch, where the big players will acquire the ?smaller guys', shale?
Venezuela's PDVSA Uses Foreign Partners To Sell Its Crude
Venezuela's state-owned oil firm PDVSA is moving to market its crude oil overseas by enlisting its joint venture partners, including U.S. supermajor Chevron, to sell cargoes to buyers in Asia?
Aramco has exercised the greenshoe option attached to its initial public offering, issuing another 450 million shares to raise an additional $3.8 billion, the company said as quoted by?
Norway Suffers Setback In Quest For Arctic Oil Discoveries
One of the most active companies on the Norwegian Continental Shelf, Lundin Petroleum, said on Monday that it had revised downwards its resource estimate for a recent discovery in?
Tesla (NASDAQ: TSLA) stock shot up over 8% to over $500 on Monday, reaching $516.83 (+$38.67) by 2:30pm EST as bullish sentiment for the electric car manufacturer takes on a?
UK's Second Largest City Takes Radical Measure To Curb Pollution
The second-largest city in the UK, Birmingham, unveiled on Monday a plan to reduce air pollution and carbon emissions by limiting access of private cars to the city center.?
