Energy Update
RIO DE JANEIRO, May 28 (Reuters) - Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash crunch forced the ship leaser to remove the equipment from service for nearly a month, Schahin said on Thursday.
NEW YORK, May 28 (Reuters) - U.S. gasoline demand rose more than 4 percent in March to nearly 9.06 million barrels a day, the highest level for the month since 2008, monthly data from the U.S. Energy Information Administration released on Thursday showed.
WASHINGTON, May 28 (Reuters) - The U.S.
May 28 (Reuters) - President Barack Obama's administration plans to protect the greater sage grouse in the western United States by limiting oil and gas development and renewable energy in the bird's habitat, under a federal plan released on Thursday.
NEW YORK, May 28 (Reuters) - A reported jump in weekly U.S. crude production data that set oil traders atwitter on Thursday was chiefly caused by revisions to two-month-old figures, not a surge in immediate output, a U.S.
RIO DE JANEIRO, May 28 (Reuters) - Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash crunch forced the ship leaser to remove the equipment from service for nearly a month, Schahin said on Thursday.
ULSAN, South Korea, May 29 (Reuters) - The port of Ulsan was the cradle of South Korea's breakneck industrialisation.
The US steel scrap market has recently seen low prices, and sheet market has had a months-long steady decline. Which factors will raise prices?
May 28 (Reuters) - Natural gas production in the Marcellus shale, which has grown over the past decade from next to nothing to the source of about a fifth of U.S.
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