Energy Update
BEIJING, May 14 (Reuters) - China's April domestic crude oil
production fell 5.6 percent on year to 16.59 million tonnes,
according to data released by the National Statistical Bureau on
Saturday.
WASHINGTON, May 13 (Reuters) - The United States is
increasingly concerned about the potential for an economic and
political meltdown in Venezuela, spurred by fears of a debt
default, growing street protests and deterioration of its oil
sector, U.S. intelligence officials said on Friday.
WASHINGTON, May 13 (Reuters) - The United States is
increasingly concerned about the potential for an economic and
political meltdown in Venezuela, spurred by fears of a debt
default, growing street protests and deterioration of its vital
oil sector, U.S. intelligence officials said on Friday.
ORANJESTAD, May 13 (Reuters) - The Citgo Petroleum refining
unit of Venezuela's state oil company Petroleos de Venezuela SA
has reached a deal to lease and restart an idled
235,000-barrel-per-day refinery in Aruba, the government of the
Caribbean island said on Friday.
Following the Platts Global Crude Oil Summit in London, Paul Hickin debunks some oil market myths with an affectionate nod to Monty Python.
A report released this month by PricewaterhouseCoopers (PwC) indicates hydropower development in India can play a crucial role in the country’s sustainable energy security if sites for new installed capacity -- among other things -- are accessible, stable and affordable.
WASHINGTON/NEW YORK, May 13 (Reuters) - Donald Trump on
Friday picked a prominent climate change skeptic to help him
craft his energy policy and pushed back against renewed calls
that he release his income tax returns - saying his tax rate is
"none of your business."
Platts analysts discuss the effects of the Middle East feedstock price changes at the end of 2015-early 2016 on the petrochemicals markets in 2016.
The legal battle between the operator of Gainesville's biomass plant and a local fuel supplier, which started last year, played out in a courtroom over the past two weeks during an eight-day trial that ended Thursday. With millions in potential damages on the line, both sides presented closing arguments Thursday afternoon and now must wait for Judge Monica Brasington to rule on the case.
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