[ad_1] NEW YORK (Reuters) – U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are
Oil prices drop almost 1 percent on concerns recession may be looming
[ad_1] SINGAPORE (Reuters) – Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela. An
Boeing invites pilots, regulators to briefing as it looks to return 737 MAX to service
[ad_1] SINGAPORE/ADDIS ABABA (Reuters) – Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial
China state planner says will continue reform in oil, rail and electrity
[ad_1] National Development and Reform Commission Vice Chairman Ning Jizhe speaks at the China Development Forum in Beijing, China March 24, 2019. REUTERS/Thomas Peter/Pool BEIJING (Reuters) – China will continue reform of railway, oil and
China refuses to concede on U.S. demands to ease curbs on tech firms – FT
[ad_1] (Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on
More shale, who cares? Saudi Arabia pushes for at least $70 oil
[ad_1] DUBAI/LONDON (Reuters) – Budget needs are forcing Saudi Arabia to push for oil prices of at least $70 per barrel this year, industry sources say, even though U.S. shale oil producers could benefit and
Austria’s OMV and ADNOC to cooperate on petrochemical projects
[ad_1] The logo of Austrian oil and gas group OMV is seen at a gas station in Vienna, Austria, October 30, 2018. REUTERS/Heinz-Peter Bader/File Photo VIENNA (Reuters) – Energy group OMV and Abu Dhabi National
Oman oil minister excited to be part of Sri Lanka oil refinery project
[ad_1] HAMBANTOTA, Sri Lanka (Reuters) – Oman’s oil minister said on Sunday he was excited to be part of a Sri Lanka oil refinery project in a sign that plans for the sultanate’s involvement may
With an eye on Iran, U.S. clinches strategic port deal with Oman
[ad_1] WASHINGTON (Reuters) – The United States clinched a strategic port deal with Oman on Sunday which U.S. officials say will allow the U.S. military better access the Gulf region and reduce the need to
American Airlines extends Boeing 737 MAX flight cancellations through April 24
[ad_1] FILE PHOTO: An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March 4, 2019. REUTERS/Lucy Nicholson/File Photo (Reuters) – American Airlines said Sunday it will extend flight cancellation