- MarketWatch First Take: Deconstructing the refining sector
up excess supplies. Chevron /quotes/comstock/13*!cvx The problem facing Chevron, and almost everyone else in the world of Big Oil, is that the price of crude oil has been rising faster than they can jack up fuel prices. That's because most oil companies
- Stronger Dollar, Weak Demand Weigh On Futures; Cocoa, Sugar In Free Fall
weak demand prospects pressured commodities Tuesday, with sugar and cocoa falling to their lowest levels since August and oil, metals and grains all down from the previous session. The 19-commodity Reuters-Jefferies CRB index, which ended a touch lower
- Oil edges lower on stronger dollar
NEW YORK, March 9 (Xinhua) -- Oil prices dipped lower on Tuesday as dollar firmed against the euro and other major currencies. Crude futures moved between 80.16 and 81.91 U.S. dollars on Tuesday before
- Tides reveal contaminated sand: resident
A Sunshine Coast resident says oil from last year's massive spill off the south east Queensland coast is leeching out of the sand on Mudjimba Beach. Oil from the Pacific Adventurer washed up on 8
- Truenorth Acquires 109 Chicago Shell Sites
Joint-venture company between Lyden Co. and Shell Oil Products US grows 50 percent as a result of the deal
- Marathon Oil CEO Sees Gradual Move to Renewable Fuels
'Energy Security' should take priority, he tells oil and gas industry association
- Gold steadies on slight rebound in euro
steadied in thin trade on Wednesday after the euro bounced slightly against the U.S. dollar, but weaker oil prices could still induce selling. (Reporting by Lewa Pardomuan; Editing by Himani Sarkar
- Vitol stops supplies to Iran
LONDON: The largest oil trader in the world, Vitol, said Monday it had stopped dealing with Iran, following a report that traders were pulling out of the country as sanctions and US pressure took
- KEEP That Home Court Advantage: Chevron Corporation Gets Forum Shopper's Remorse
Lawyers for oil giant Chevron Corporation said, 'send us south of the border,' thinking that Ecuadoran justice sounded great at the time — until the company actually got a taste. Now it faces
- Welsh oil refinery sale spurs job fears
Extract not available.
- Petronas keen to work with Norwegian oil companies
KUALA LUMPUR: Petronas is keen to work with Norwegian oil and gas companies to leverage on their expertise in deepwater exploration, said newly-appointed president and chief executive officer Datuk Shamsul Azhar Abbas. Recently Petronas acquired six new
- EPF raises stake in KNM
PETALING JAYA: The Employees Provident Fund (EPF) has raised its stake in oil and gas services provider KNM Group Bhd by acquiring two million shares on March 3. Filings with Bursa Malaysia showed that the fund now held a 12.52% direct stake
- El Nino may lift CPO futures prices
Production shortfall expected in second half-year sharidan@thestar.com.my KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Derivatives Exchange will likely be traded at RM2,800 to RM3,200 per tonne after July as the El Nino hot weather may result in a
- Sumatec gets plant rejuvenation job
PETALING JAYA: Oil and gas services provider Sumatec Resources Bhd has been awarded a project to rejuvenate a plant by Asean Bintulu Fertilizer Sdn Bhd, a subsidiary of Petroliam Nasional Bhd. Sumatec said
- Oil settles lower, ending brief rally
NEW YORK: Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. Benchmark crude for April delivery lost 38 cents to settle at
