Energy Update
WASHINGTON, June 18 (Reuters) - U.S. lawmakers will grill the nation's environmental regulator over its handling of a controversial renewable fuels program at a hearing on Thursday, the first since new biofuels targets provoked a furor among corn farmers and oil refiners.
(Thu, 18 Jun 2015) As oil prices declined?falling more than 50% from June 2014 to January 2015, before increasing slightly in spring 2015?energy production companies focused efforts on increasing operating efficiencies.
WEATHERFORD, Texas, June 18 (Reuters) - Oil field work was coming in fast when GoFrac doubled its workforce and equipment fleet at the beginning of last year, just one of hundreds of small oil service companies thriving on the revival of U.S.
WASHINGTON, June 17 (Reuters) - Russian President Vladimir Putin's confrontation with the West is "artificial" and aimed at protecting Russia's ruling elite and distracting attention from a corrupt system, a former Russian oil tycoon said on Wednesday.
Iran has started construction of Siraf refinery project in southern Iran in order to end gas condensate exports.
SHERBROOKE, Quebec, June 17 (Reuters) - A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train disaster and dozens of companies and individuals linked to the crash that killed 47 people.
BOGOTA, June 17 (Reuters) - Colombia's Cano Limon-Covenas oil pipeline, the country's second biggest by volume, has been shut due to damage from bomb attacks by leftist FARC rebels which caused a significant spill that has contaminated two rivers, the army said on Wednesday.
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