Energy Update
HOUSTON, Aug 7 (Reuters) - Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years.
(Fri, 07 Aug 2015) Gross inputs to U.S. refineries exceeded 17 million barrels per day (b/d) in each of the past four weeks, a level not previously reached since EIA began publishing weekly data in 1990. The rolling four-week average of U.S. gross refinery inputs has been above the previous five-year range (2010-14) every week so far this year. The record high gross inputs reflect both higher refinery capacity and higher utilization rates.
WASHINGTON, Aug 6 (Reuters) - U.S. President Barack Obama's hopes of preserving the nuclear deal between Iran and world powers were set back on Thursday when Chuck Schumer, one of the top Democrats in the U.S.
WASHINGTON, Aug 6 (Reuters) - Democratic U.S. Senator Chuck Schumer of New York said on Thursday he had decided to oppose the nuclear deal with Iran negotiated by the Obama administration.
WASHINGTON, Aug 6 (Reuters) - U.S. Representative Eliot Engel, the top Democrat on the U.S.
WASHINGTON, Aug 6 (Reuters) - U.S. Representative Eliot Engel, the top Democrat on the U.S.
CARACAS, Aug 6 (Reuters) - Chinese construction machinery maker Sany Heavy Industry Co Ltd is willing to help Venezuela and state oil company PDVSA sell bonds in China and in Asia, Sany chairman Liang Wengen said during a visit to Caracas on Thursday.
Aug 6 (Reuters) - Democratic U.S.
SAO PAULO, Aug 6 (Reuters) - Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil firm Petrobras' international division, and five others, saying they favored U.S. company Vantage Drilling in a rig contract.
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