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U.S. Refinery Workers Contract Proposal Rejected

  Union negotiators said the latest proposal from oil companies for a new three-year contract for U.S. refinery workers was rejected on Friday because it failed meet to members' objectives,

Argentine Biofuels Exports Spike Unlikely

  A policy change allowing Argentina's biofuel producers another way to qualify for U.S. biodiesel credits will not hugely boost fuel exports from the South American country,

Pemex Oil Output Down in December

  Mexico's state-run oil company Pemex said on Friday its crude oil production fell 0.4 percent in December from the previous month at 2.353 million barrels per day (bpd),

Exxon Adds Discrimination Protections in U.S. for LGBT Workers

   Exxon Mobil Corp, the world's largest publicly traded oil company, has changed its U.S. employment policies to prohibit discrimination based on sexual orientation

Azerbaijan Critical After S&P Revises Rating

  Azerbaijan criticised Standard & Poor's for resorting to what it said were "double standards" after the agency revised the country's sovereign credit outlook downward to negative on Friday.

Zamakona, Finnish GS-Hydro Ink Deal

  The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Chevron Budgets $35.0 Bi for Capital, Exploration

Chevron Corporation (NYSE:CVX) today announced a $35.0 billion capital and exploratory investment program for 2015. Included in the 2015 program are $4.0 billion of planned expenditures by affiliates,

Adani Group Revamps Businesses

  Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

  In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Brazil to Avoid Rationing Energy

  Brazil's government is planning to take steps to save energy through more efficient usage to avoid blackouts and the risk of rationing, Energy Minister Eduardo Braga said on Friday.

Fuel Distribution Boss Jailed on Suspected Corruption

Venezuela arrested an oil ministry official in charge of overseeing the domestic fuel market on suspicion of corruption, the state prosecutor's office said in a statement on Friday.

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

Shell 'Optimistic' on U.S. Refinery Contract Talks

Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was "optimistic" a new three-year agreement could be reached with a union representing hourly workers at 63 U.

Consol Profit Plunges on Rising OpEx

Coal and natural gas producer Consol Energy Inc reported a nearly 50 percent fall in quarterly profit as exploration and production costs shot up. Net income from continuing operations fell to $73.

BP Quits Indonesian Blocks on Risk Concerns

UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.

Yemen Lifts Force Majeure on LNG Deliveries

Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters reported last week that the 6.

Enterprise Tender Fails on Low Bids

U.S. pipeline company Enterprise Products Partners did not award a tender to sell a year's supply of processed condensate due to low bids, U.S. and Asian trade sources said on Friday.

Imabari to Construct Newbuilding Dry Dock

  In order to accommodate construction of Ultra-Large newbuilding vessels including recently secured 20,000TEU Mega container ships (about 400m in length and about 59m breadth),

31 ARENA Projects Completed

  ARENA has invested $1 billion in more than 230 projects, fellowships and scholarships that are paving the way for a more diverse energy future for Australia.

Gazprom, OMV Ink Additional Deal

  Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss,

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