US net imports of liquid fuels as a share of consumption will diminish to about 25% by 2016 from 40% in 2012 and 60% in 2005, according to the US Energy Information Administration...
Global oil consumption during fourth-quarter 2013 was adjusted to 92.1 million b/d, according to the International Energy Agency's most recent Oil Market Report.
Mexico moved quickly once politicians there decided to adopt energy sector reforms, but the process's second phase, which begins Feb. 1 and should be completed in 2 years, could...
International oil and gas companies keenly await more details as Mexico's Congress drafts and debates secondary laws to implement its recently passed energy reforms.
Straining to solve a problem that might be illusory, European regulators soon might create real problems by increasing the volatility of an important crude oil price marker.
