Energy

Two German banks in Russia had their assets seized by the court over a Baltic Sea gas project construction issue.

Gas prices are expected to rise by about $0.10 per gallon this summer due to decreased refinery capacity and higher refining costs, with the average price projected to be around $3.70 per gallon...

Gasoline prices surged in April, driving up consumer prices, while overall inflation eased; the national average for gas stood at $3.61 per gallon on Wednesday, down $0.02 from the previous month but ..

Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group...

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Nevada governor Brian Sandoval get pressured after a group of 18 venture capital investors reverse new fees on solar homes that state utility regulator made effective on Jan 1. The regulation will giv

China is predicted to be the world's largest crude importer, replacing the U.S. This is also as a result the new policy made by the government in allowing smaller refineries import and process their o

Oil price continue to crash the lowest level. The price was closed at the lowest in 12 years to nearly $30 and is expected to continue dropping.

State-owned Saudi Arabian Oil Co. (ARAMCO) is possibly going for an IPO aiming to raise funds for $1 trillion to $10 trillion. Some shares of the IPO may be awarded among the local banks and investors

Saudi Aramco may tap capital market very shortly. The Kingdom of Saudi Arabia (KSA) is considering a major restructuring plan for the world's biggest oil producing company in the wake of lower oil pri

The continuous drop in oil price for the past 18 months may impact $125 million real estate-backed securitized loans in North Dakota. The oil drillers in North Dakota have reduced their activity in th

Mexico oil giant Petroleos Mexicanos (Pemex) is planning to trim its headcount in 2016. The State-run company has suffered a record loss, while its production is declining to 25-year low. Pemex has ta

The US Congress is pushing a tax break for oil refiners as a compromise to finally allow unrestricted crude-oil exports. According to The Wall Street Journal, the bill could potentially end the long-t

The skyrocketing oil inventories are paving the way for more traffic jams on the seashores as oil tankers are queuing up along the US Gulf Coast. The uncompromised Opec's decision to continue its prod

Corvus Energy, Canadian lithium-ion battery company has successfully made it to top three in Deloitte Technology Fast 500 ranking. Recently, Statoil, Norwegian largest offshore oil and gas company als

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Energy

Germany’s Deutsche Bank, Commerzbank Assets Seized by Russian Court Over Gas Facility Contsruction Dispute

Gas Prices Are Predicted to Increase This Summer, With an Average of $3.70 per Gallon

Average Gas Price Hits $3.61 per Gallon and Will Keep Rising Despite Inflation Ease

Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans

Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry

Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

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