CAIRO, July 13 (Xinhua) -- Egyptian Petroleum Minister Tarek el-Mulla said Thursday that new areas in the Red Sea will be open for bidding for exploration as part of Egypts effort to expand oil, gas production. Mulla did not disclose the ex......【More】
2017-07-19NEW YORK (Bloomberg) --Oil skeptics are letting a little sunshine in. After the worst June for oil in six years, hedge-fund bets on declining West Texas Intermediate retreated. That made room for futures to rebound more than 5% last week on......【More】
2017-07-18NEW YORK, July 14 (Xinhua) -- Oil prices continued to increase on Friday as report showed global oil demand has picked up. The West Texas Intermediate for August Delivery added 0.46 dollar to settle at 46.54 dollars a barrel on the New York......【More】
2017-07-17Petrochemical and chemical industry is an important pillar industry, big economic aggregate and high industrial relations which is played an important role in China industrial economy and closely related with economic development, peoples l......【More】
2017-07-14ANCHORAGE --After a comprehensive review and consideration of comments received from the public, stakeholders, and Federal and state partner agencies and tribes, the Bureau of Ocean Energy Management today conditionally approved a Beaufort......【More】
2017-07-14WASHINGTON -- API today announced that estimated total wells drilled and completed in the second quarter of 2017 increased 62% compared to the second quarter of 2016. This includes a 41% increase in estimated development gas well completion......【More】
2017-07-13NEW YORK, July 6 (Xinhua) -- Oil prices settled higher on Thursday on falling U.S. crude inventories. U.S. crude oil inventories fell by an unexpectedly sharp 6.3 million barrels in the June 30 week to 502.9 million, 1.9 percent above the y......【More】
2017-07-11DUBAI, July 8 (Xinhua) -- China remains the biggest non-oil trade partner of Dubai of the United Arab Emirates (UAE) in the first quarter of 2017, with a share of 13.45 percent of the sheikhdoms trade volume, the Dubai governments media off......【More】
2017-07-10TOKYO, July 6 (Xinhua) -- Tokyo stocks opened marginally lower on Thursday as investors were in a circumspect mood after a slump in U.S. shares overnight following a drop in prices for crude oil. As of 9:15 a.m. local time, the 225-issue Ni......【More】
2017-07-07KUALA LUMPUR, June 30 (Xinhua) -- While Malaysia, the worlds second largest producer of crude palm oil (CPO), is seeking to export more palm oil to China following Prime Minister Najib Razaks visits to China, it may be a tall order this yea......【More】
2017-07-06