Energy (TRBC)

Enter the ‘petro’: Venezuela to launch oil-backed cryptocurrency

Enter the ‘petro’: Venezuela to launch oil-backed cryptocurrency

Published 03/12/2017

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the "petro" backed by oil reserves to shore up a collapsed economy. [more…]

Germany’s SPD says open to coalition talks with other parties

Germany’s SPD says open to coalition talks with other parties

Published 24/11/2017

German Chancellor Angela Merkel speaks with Social Democratic Party (SPD) leader Martin Schulz as they attend a meeting of the Bundestag in Berlin, Germany, November [more…]

The future looks bright: light pollution rises on a global scale

The future looks bright: light pollution rises on a global scale

Published 22/11/2017

FILE PHOTO: A nighttime view of Europe made possible by the "day-night band" of the Visible Infrared Imaging Radiometer Suite (VIIRS) is seen in a [more…]

As Venezuela pumps below OPEC target, oil rivals begin filling gap

As Venezuela pumps below OPEC target, oil rivals begin filling gap

Published 20/11/2017

FILE PHOTO: A boat is seen close to oil installations at Lake Maracaibo in Cabimas, Venezuela October 5, 2017. Picture taken October 5, 2017. REUTERS/Isaac [more…]

Iraqi Federal Court rules Kurdish referendum unconstitutional

Iraqi Federal Court rules Kurdish referendum unconstitutional

Published 20/11/2017

Kurdish policemen look on towards banners supporting the referendum for independence of Kurdistan in Erbil, Iraq September 24, 2017. REUTERS/Alaa Al-MarjaniBAGHDAD (Reuters) - Iraq’s Supreme [more…]

China`s crude oil processing runs in October rise to second highest on record

China`s crude oil processing runs in October rise to second highest on record

Published 14/11/2017

China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. [more…]

U.S. oil exports boom, putting infrastructure to the test

U.S. oil exports boom, putting infrastructure to the test

Published 30/10/2017

Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic. [more…]

U.S. wants to remove `unnecessary` barriers to self-driving vehicles

U.S. wants to remove `unnecessary` barriers to self-driving vehicles

Published 28/10/2017

The U.S. National Highway Traffic-Safety Administration said Friday it is looking for input on how it can remove regulatory roadblocks to self-driving cars. [more…]

South Africa`s Zuma appoints new energy minister in cabinet reshuffle

South Africa`s Zuma appoints new energy minister in cabinet reshuffle

Published 17/10/2017

South African President Jacob Zuma has appointed minister of state security David Mahlobo as energy minister in a cabinet reshuffle, the presidency said on Tuesday. [more…]

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

Published 17/10/2017

State-owned Saudi Aramco has asked FTI Consulting (FCN.N) to suspend its investor relations advisory work related to the oil company's planned initial public offering, people familiar with the matter told Reuters. [more…]