Angola’s Sonangol sold its last three February-loading cargoes, while results from Indian tenders showed IOC and BPCL opting for some non-West African oil grades.
India has failed to comply with a World Trade Organization ruling on solar power, the United States will tell the WTO’s dispute settlement body (DSB) next month, triggering a fresh round of litigation, according to an agenda issued on Wednesday.
India’s government is in favor of banning imports of petroleum coke on environmental grounds, according to a government affidavit filed with the country’s top court, which could be a big blow to U.S. refiners who export heavily to the country.
Crude was down slightly on Friday as expectations that OPEC and other producers will extend their production cut agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to grow.
Singapore-headquartered solar panel maker REC hopes to be exempt from potential U.S. restrictions on imports following a recent trade finding that said no significant injury to the United States had been caused by makers including those from Australia, Canada and Singapore.
U.S. home solar companies, believing President Donald Trump will soon slap tariffs on imported panels and make their systems more expensive, are using that threat to juice their slowing sales.
BHP Billiton is facing pressure from two activist shareholders over its $20 billion splurge on U.S. shale oil and gas fields, but may resist calls to dump the business just as oil prices are sliding
WTI oil prices declined marginally by 0.3 percent to close at $50.3 per barrel after a seesaw trading session, as investors weighed rising U.S. production against geopolitical
When OPEC and Russia meet next month to assess the impact of their oil cuts they face a surprising outcome: stockpiles are even higher than when they started
The U.S.is expected to become a net exporter of natural gas in a period between 2017 and 2018. The growth of domestic natural gas production in the U.S. is pushing it for speedy development of its liquefied natural gas (LNG) export terminal