Updating sanctions An economic sanctions policy bill may reappear on the US congressional agenda this fall, with competing voices jockeying for the White House's attention.
Utilization rates among mobile offshore rigs in the Gulf of Mexico and worldwide got a boost with Houston-based Transocean Inc.'s mid-July announcement that it was removing five...
As a result of recent discoveries in its deep and ultradeep waters, Angola is poised to jump its oil production to 2 million b/d by 2007, said analysts at Merrill Lynch & Co. ...
The International Energy Agency's latest Oil Market Report includes an upward revision to some historical demand figures and a corresponding increase in the call on crude from...
While it may have alleviated its oversupply problems for 2003, Turkey's take-or-pay contracts for natural gas are likely to outstrip its projected demand by 20% in 2006, said ...
Late last month the Inter-American Development Bank (IDB) postponed a decision to provide a $75 million loan for the pipeline portion of the Camisea natural gas megaproject in...
For the first time, Venezuela has agreed to allow some of its natural gas to be processed in Trinidad and Tobago as both countries jointly move to develop their cross-border reserves...
During a recent visit to Brazil, Cuba's Vice-President Carlos Lage said that Brazil's President Luiz Inácio Lula da Silva expressed strong interest in accepting the Cuban government...
Brazil's state-owned Petróleo Brasileiro SA (Petrobras) plans to increase and diversify investments outside of Brazil, investing $800 million this year and $5.1 billion by 2007...
US petroleum liquids pipelines committed to greater safety and system integrity as long ago as 1998, according to David L. Lemmon, president and CEO of Colonial Pipeline Co., ...
Oil is a finite resource. Around this fact of nature pivots a debate as important as it is fascinating. It's important because it concerns future availability of the cheap energy...