Energy Update
LAUNCESTON, Australia, Feb 18 (Reuters) - Live and don't learn. That should be the motto of commodity producers who attempt to push prices higher by trying a variety of methods to restrict supply.
CARACAS, Feb 17 (Reuters) - Venezuelan President Nicolas Maduro on Wednesday devalued the currency and raised heavily subsidized fuel prices in an effort to stem a widening economic crisis, though critics of the socialist leader quickly dismissed the moves as insufficient.
NEW YORK/HOUSTON, Feb 17 (Reuters) - William Cos Inc's shares extended their surge on Wednesday, having jumped by nearly a fifth this week, narrowing the spread of the takeover offer by rival pipeline company Energy Transfer Equity LP.
WASHINGTON, Feb 17 (Reuters) - A program that has allowed U.S.
CARACAS, Feb 17 (Reuters) - Venezuelan President Nicolas Maduro on Wednesday said his government is raising prices heavily subsidized fuel for the first time in around 20 years, as part of a broader set of economic measures in the OPEC country, which faces a biting recession.
Feb 17 (Reuters) - Marathon Oil Corp, a U.S.
Feb 17 (Reuters) - North Dakota's energy regulator said on Wednesday he is worried about hedge funds and other investment groups buying oil assets in the state and conducts background checks on potential acquirers.
CARACAS, Feb 17 (Reuters) - Venezuelan President Nicolas Maduro on Wednesday said his government is implementing a set of economic measures that include a "new scheme for prices" of the country's heavily subsidized fuel, without immediately providing details.
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