(Bloomberg) -- California will hold a hearing this week on offering a $4,500 subsidy for each pure electric vehicle sold in the state, up from the current $2,500, even as customers from Tesla Inc.
(Bloomberg) -- India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as U.S.
A key ingredient for drilling and completion operations in shale formations, proppant – often frac sand – aids in extracting hydrocarbons from source rocks.
In the period to 2040, the required global oil sector investment is estimated at $11 trillion.
UK union Unite has confirmed that its members covered by the Offshore Contractors Association (OCA) agreement are to be balloted on industrial action.
(Bloomberg) -- Uganda said it expects to miss its 2020 target for the East African nation's first crude oil rig flanges gulf coast production after oil companies delayed making a final decision on investment.
(Bloomberg) -- The debacle over Canada's oil pipeline nationalization and trade tensions with the U.S. won't affect the final investment decision on Royal Dutch Shell Plc's C$40 billion ($31 billion) liquefied natural gas project, according to the head of the venture.
(Bloomberg) -- After years of easy money, many of the world's biggest oil traders are enduring a brutal new reality.
Traders have been wrong-footed by wild swings in price spreads between oil grades, particularly in the U.S.
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