A dangerous shortfall in the supply of transportation fuels is likely to hit the world soon because demand is rising faster than industry's seeming ability to fill it, several...
Alí Rodríguez Araque, president and CEO of Venezuela's state-owned oil firm Petroleos de Venezuela (PDVSA), reaffirmed the company's commitment to integrate Latin America in terms...
Benchmark US crude futures prices fell Oct. 12 as traders took profits after six consecutive sessions of record highs but bounced back to near-record levels in the next trading...
Brazil's Mines and Energy Minister Dilma Rousseff has confirmed that Brazil's seventh oil and gas exploration licensing round would not be canceled. Her comments were made during...
Bryce Rhodes has managed tiny but growing Whittier Energy Corp. through its recent transition to public ownership and remains balanced in his assessment of the change.
US Sec. of State Colin Powell said during a visit to Brazil earlier this month "that despite the rhetoric of Venezuela's President Hugo Chávez, Venezuela is a reliable oil supplier...
Independents build gas potential in Canada's Northwest Territories Large gas volumes appear to have been found in the Colville Lake area of the Northwest Territories about 100...
Energy futures prices declined Monday as political tensions eased in Nigeria, but analysts were uncertain if markets might be poised for further retreat or gathering strength ...
An unusual conversion of forces in late summer was likely to extend the cooling of tanker rates, compared with activity typical for this time of the year, according to an analysis...
Spending on marine propulsion systems by the world's shipbuilding industry will reach $5.3 billion this year and continue to rise, according to a study covering 2004-08 by analysts...
Last month saw the christening of the first oil tanker equipped with a preinstalled fast oil-recovery system for use in a shipwreck. The second so-equipped vessel is set for later...
