Venezuela’s Oil Minister Nelson Martinez talks to journalists after a meeting in Vienna, Austria May 24, 2017. REUTERS/Leonhard Foeger Venezuela is considering several options to repay its debts, the oil minister said on Thursday, after a deep recession and lo... More »
FILE PHOTO – Nigeria’s Oil Minister Emmanuel Ibe Kachikwu addresses a news conference after a meeting of OPEC oil ministers in Vienna, Austria, December 4, 2015. REUTERS/Heinz-Peter Bader/File Photo Nigerian Oil Minister Emmanuel Ibe Kachikwu said on Thursday ... More »
China’s Foreign Minister Wang Yi (R) meets German Foreign Minister Sigmar Gabriel at the Ministry of Foreign Affairs in Beijing, China May 24, 2017. REUTERS/Jason Lee Germany has made good progress with China on how to introduce quotas aimed at producing more ... More »
A man walks in front of the Novokuibyshevsk refinery near the city of Samara, October 28, 2010. REUTERS/Nikolay Korchekov/File Photo Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and R... More »
Saudi Arabia’s Energy Minister Khalid al-Falih (L) and Russia’s Energy Minister Alexander Novak attend a joint briefing in Beijing, China May 15, 2017. REUTERS/Aly Song Saudi Arabia and Russia, the world’s two top oil producers, agreed on Monday to extend oil ... More »
Women sit with relatives infected with cholera at a hospital in the Red Sea port city of Hodeidah, Yemen May 14, 2017. REUTERS/Abduljabbar Zeyad Officials in the Yemeni capital of Sanaa, controlled by the armed Houthi movement, declared a state of emergency on... More »
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Hedge funds and money managers cut bullish bets on U.S. crude for the third straight week, as the oil market remained volatile over concerns about r... More »
FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Investors stampeded into U.S.-based stock funds that invest in Europe, plowing the second-largest amount on record into those produ... More »
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in U.S. ... More »
A pumpjack brings oil to the surface in the Monterey Shale, California, in a file photo. REUTERS/Lucy Nicholson The U.S. Senate on Wednesday rejected a resolution to revoke an Obama-era rule to limit methane emissions from oil and gas production on federal lan... More »
Messages are seen on plastic containers filled with feces, called ‘Poopootovs’, which is a play on Molotov cocktails, before they are thrown at security forces during protests, in addition to the usual rocks and petrol bombs, in Caracas, Venezuela May 9, 2017.... More »
Messages are seen on plastic containers filled with feces, called ‘Poopootovs’, which is a play on Molotov cocktails, before they are thrown at security forces during protests, in addition to the usual rocks and petrol bombs, in Caracas, Venezuela May 9, 2017.... More »
People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the... More »
A general view shows a power plant under construction on the suburbs of Sevastopol, Crimea, February 9, 2017. Picture taken February 9, 2017. REUTERS/Anton Zverev Russia’s $1.3 billion plan to build two new power plants in Crimea aimed to show that Moscow coul... More »
FILE PHOTO: A Total petrol station is seen in Libreville, Gabon, February 2, 2017. Picture taken February 2, 2017 REUTERS/Mike Hutchings/File Photo Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders s... More »
A worker at an oil field owned by Bashneft, Bashkortostan, Russia, in this January 28, 2015 file photo. REUTERS/Sergei Karpukhin/Files Oil prices recovered lost ground on Monday following big losses last week, driven by expectations that OPEC will extend a ple... More »
U.S. President Donald Trump speaks during a signing ceremony with Treasury Secretary Steve Mnuchin at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein U.S. President Donald Trump this week will sign new executive orders b... More »
An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson – RTX32LL4 Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the lates... More »
A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon Oil prices regained some ground on Thursday after steep losses the previous day, as Kuwait said it expected an OPE... More »
The OPEC flag and the OPEC logo are seen before a news conference in Vienna, Austria, October 24, 2016. REUTERS/Leonhard Foeger Kuwait’s oil minister Essam al-Marzouq said on Thursday he expected a global pact to cut oil supplies to be extended beyond June, su... More »
FILE PHOTO: A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. REUTERS/Essam Al-Sudani/File Photo Oil prices were little changed in modest volume on Thursday, during a week in which crude benchmarks rec... More »
FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to b... More »
A Krafla geothermal power plant is seen in Reykjahlid, Iceland, September 19, 2015. REUTERS/Lefteris Karagiannopoulos Scientists will study the possibility of producing geothermal energy from magma for the first time, in a $100 million project in Iceland, whic... More »
A trader works on the floor of the New York Stock Exchange (NYSE) before the opening bell in the Manhattan borough of New York, U.S. April 4, 2017. REUTERS/Brendan McDermid America First may be a main policy of the White House and fuel to the stock market rall... More »
FILE PHOTO: A DNA double helix is seen in an undated artist’s illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo Scientists are getting closer to... More »
FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. REUTERS/Kham/File Photo Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were s... More »
FILE PHOTO – A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford/File Photo Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buye... More »
A landslide caused by rains from Cyclone Debbie is shoveled off the main road between Napier and Taupo on New Zealand’s North Island, April 5, 2017. SNPA/Sarah Lord/via REUTERS Rescue workers used tractors and boats to evacuate thousands of people at the top o... More »
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger d... More »
Investors grew more confident during the latest week, reversing last week’s withdrawals from U.S.-based stock funds, data from Lipper showed on Thursday. More »
Cars sit submerged after heavy rain associated with Cyclone Debbie hit the Gold Coast suburb of Robina in Queensland, Australia, March 30, 2017. AAP/Dave Hunt/via REUTERS Australia began evacuating thousands of people stranded on resort islands in the tropical... More »
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Oil prices edged up on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inven... More »
U.S. President Donald Trump holds up an executive order on ”Energy Independence,” eliminating Obama-era climate change regulations, during a signing ceremony at the Environmental Protection Agency (EPA) headquarters in Washington, U.S., March 28, 2017. REUTERS... More »
FILE PHOTO — A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the co... More »
FILE PHOTO: A Saudi Aramco employee sits near the Saudi Aramco stand at the Middle East Petrotech 2016 in Manama, Bahrain, September 27, 2016. REUTERS/Hamad I Mohammed/File Photo Saudi Arabia is having “serious discussions” with the New York Stock Exchange abo... More »
Shaybah oilfield complex is seen at night in the Rub’ al-Khali desert, Saudi Arabia, November 14, 2007. REUTERS/ Ali Jarekji/File Photo Saudi Arabia’s crude exports to the United States in March will fall by around 300,000 barrels per day from February, in lin... More »
A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on th... More »
Investors eased off from “Trump trade” bets during the latest week, snatching the most money from bank sector funds in more than a year and stockpiling bonds, Lipper data for U.S.-based funds showed on Thursday. More »
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite ... More »
Boats at Scarborough Shoal in the South China Sea are shown in this handout photo provided by Planet Labs, and captured on March 12, 2016. REUTERS/Planet Labs/Handout via Reuters China will begin preparatory work this year for an environmental monitoring stati... More »
At least ten North Korean ships have arrived at a Chinese port after being stranded for the past three weeks following the top global coal consumer’s ban on imports of the fuel from its isolated neighbor, a report said on Friday. More »
An oil derrick and wind turbines stand above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson Oil prices dipped on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supp... More »
A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC’s headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader OPEC will have to extend its oil output curbs in order to sust... More »
U.S. President Donald Trump speaks at the annual Friends of Ireland St. Patrick’s Day lunch honoring Irish Taoiseach Enda Kenny in the U.S. Capitol in Washington, U.S., March 16, 2017. REUTERS/Kevin Lamarque President Donald Trump’s proposal to do away with th... More »
FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles a... More »
Fuel pump nozzles are pictured at a Helios petrol station in Almaty, Kazakhstan, June 10, 2016. REUTERS/Shamil Zhumatov Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept a... More »
Private security guard stand outside Uber offices in Parktown, a suburb of Johannesburg, South Africa, March 10, 2017. REUTERS/Siphiwe Sibeko South African taxi drivers blocked roads to Johannesburg’s airport on Friday, holding up thousands of travelers in the... More »
A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver Oil prices recovered a little on Friday after dropping to their lowest in more than three months, pressured by heavy oversupply despite OPEC-led production cuts. More »
FILE PHOTO: Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. REUTERS/Shannon Stapleton/File Photo Tesla Inc boss Elon Musk on Friday offered to save Australia’s most renewable-energy dependent stat... More »
The Senate confirmed Scott Pruitt to run the Environmental Protection Agency over the objections of Democrats and environmentalists worried he will gut the agency, as the administration readies executive orders to ease regulation on drillers and miners. REUTER... More »
FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo Oil prices climbed on Thursday after sharp losses the session before, buoyed by strong compliance with touted international produ... More »
U.S. President Donald Trump faces a news conference at the White House in Washington, U.S., February 16, 2017. REUTERS/Kevin Lamarque Oil executives cautioned it is too soon to gauge the impact of President Donald Trump’s policy proposals on their businesses, ... More »
FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgen... More »
Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid A government watchdog group, Public Citizen, said on Wednesday it has asked lawmakers to investigate ... More »
Workers look at a drilling rig of the Rosneft-owned Prirazlomnoye oil field outside Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin/File Photo Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid wo... More »
President of the Republic of the Kazakhstan Nursultan Abishevich Nazarbayev and Japanese Prime Minister Shinzo Abe (not seen) attend a joint news conference at Prime Minister Office in Tokyo, Japan, on November 7, 2016. REUTERS/David Mareuil/Pool Kazakhstan’s ... More »
China will continue to cut excess capacity in the steel sector in 2018, National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe said at a news conference on Monday. More »
Solar installers place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California, U.S. October 14, 2016. REUTERS/Mike Blake Environmentally conscious investors are using their pocketbooks to protest President Donald Trump’s plans t... More »
A worker walks past a pump jack on an oil field owned by Bashneft in Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo Oil markets rose on Friday as the dollar edged away from a multi-week high, but prices are being held in check by ... More »
A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital af... More »
Chevron Corp’s refinery is shown in Richmond, California August 7, 2012. REUTERS/Robert Galbraith/File Photo Crude oil lost more ground on Wednesday with rising U.S. oil output adding pressure on the market, although OPEC production cuts continued to offer sup... More »
Philippine President Rodrigo Duterte attends the Asian Development Bank 50th anniversary celebration in Mandaluyong, Metro Manila, Philippines February 21, 2017. REUTERS/Erik De Castro Philippines President Rodrigo Duterte has signed the Paris Agreement on Cli... More »
For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. More »
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Oil prices rose on Monday, with the market set to rise for five of seven sessions as a global supply glut appears to ease, b... More »
Used oil barrels are seen outside a garage in Cuevas del Becerro, near Malaga, southern Spain February 16, 2015. REUTERS/Jon Nazca Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week,... More »
Scott Pruitt, administrator of the Environmental Protection Agency (EPA), speaks to employees of the Agency in Washington, U.S., February 21, 2017. REUTERS/Joshua Roberts U.S. President Donald Trump’s administration will begin rolling back Obama-era environmen... More »
A worker checks the valves at Al-Sheiba oil refinery in Basra, Iraq, January 26, 2016. REUTERS/Essam Al-Sudani/File Photo OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the bi... More »
Investors are showing increasing comfort wading into the markets, lavishing cash on U.S.-based stock and corporate bond funds in the latest week, Lipper data showed on Thursday. More »
A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. More »
FILE PHOTO – A worker fills a tank with subsidized fuel at a fuel station in Jakarta April 18, 2013. REUTERS/Beawiharta Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the v... More »
Sunlight beams through the dome of the solar tunnel telescope at the Kodaikanal Solar Observatory, India, February 3, 2017. REUTERS/Danish Siddiqui In the early morning darkness, Devendran P. walks up a hill to a solar observatory in India’s southern hill town... More »
A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron (CVX.N) to buy the U.S. oil major’s natural gas fields in Bangl... More »
A woman pumps gas at a station in Falls Church, Virginia December 16, 2014. REUTERS/Kevin Lamarque Global oil prices slipped on Wednesday as the U.S. dollar [.DXY], in which payments for crude are made, rose but they traded broadly at multi-week highs after OP... More »
Director of Environmental Protection Agency Scott Pruitt is sworn in by Justice Samuel Alito at the Executive Office in Washington, U.S., February 17, 2017. REUTERS/Carlos Barria The new head of the U.S. Environmental Protection Agency said on Tuesday that Ame... More »
Association of South East Asian Nations (ASEAN) Foreign Ministers link arms during the ASEAN Foreign Ministers’ Retreat in Boracay, central Philippines February 21, 2017. L-R: Saleumxay Kommasith, Minister of Foreign Affairs of Laos- Anifah Aman, Minister of F... More »
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance ... More »
Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson Crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts a... More »
A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at rein... More »
People walk past a graffitti that reads ‘Stop the fraud of the MUD’ in Caracas, Venezuela February 6, 2017. REUTERS/Marco Bello Venezuela’s government is pushing forward with measures that could exclude some opposition political parties from future elections, ... More »
Wildfires threaten a suburb of Christchurch on New Zealand’s South Island taken after sunset, February 15, 2017. REUTERS/Mark Hannah Photography More than 1,400 residents of New Zealand’s Christchurch city returned home on Friday as firefighters contained a ma... More »
FILE PHOTO: Iran’s President Hassan Rouhani attends a meeting during the Asia Cooperation Dialogue (ACD) summit at the Foreign Ministry in Bangkok, Thailand, October 10, 2016. REUTERS/Athit Perawongmetha/File Photo Iranian President Hassan Rouhani said his cou... More »
FILE PHOTO – A drop of diesel is seen at the tip of a nozzle after a fuel station customer fills her car’s tank in Sint Pieters Leeuw December 5, 2014. REUTERS/Yves Herman Oil slipped further below $56 a barrel on Wednesday as an industry report showing a larg... More »
Mercedes introduces the 2017 Smart electric car at the 2016 Los Angeles Auto Show in Los Angeles, California, U.S November 16, 2016. REUTERS/Lucy Nicholson Daimler (DAIGn.DE) will stop selling combustion engine Smart cars in the United States and Canada and fo... More »
A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon/File Photo Oil prices were stable on Monday on signs that OPEC-led production cuts were reducing global overproduc... More »
The story headlined “Arab coalition declares Yemen’s Hodeidah a military zone” is wrong and is withdrawn. The coalition says it did not issue such a statement. There will be no substitute story. More »
FILE PHOTO: People walk along a village road on a polluted day after the Chinese Lunar New Year holidays on the outskirts of Langfang, Hebei province, China, February 3, 2017. REUTERS/Jason Lee/File Photo China is considering forcing steel and aluminum produce... More »
FILE PHOTO: An oil pump jack can be seen in Cisco, Texas, August 23, 2015. REUTERS/Mike Stone/File Photo Oil prices rose on Thursday, supported by an unexpected draw in U.S. gasoline inventories, although bloated crude supplies meant that fuel markets remain u... More »
FILE PHOTO: German Chancellor Angela Merkel arrives for a welcoming ceremony during the Group of 20 (G20) leaders summit in the Mediterranean resort city of Antalya, Turkey, November 15, 2015. REUTERS/Murad Sezer/File Photo Germany will press the Group of 20 t... More »
Girls stand at the entrance to their tent at a camp for internally displaced people in the northwestern city of Saada, Yemen January 30, 2017. REUTERS/Naif Rahma The United Nations said on Wednesday that 12 million people in Yemen faced the threat of famine br... More »
A North Dakota National Guard vehicle idles on the outskirts of the Dakota Access oil pipeline protest camp near Cannon Ball, North Dakota, U.S., January 29, 2017. REUTERS/Terray Sylvester The U.S. Army will grant the final permit for the controversial Dakota ... More »
Girls stand at the entrance to their tent at a camp for internally displaced people in the northwestern city of Saada, Yemen January 30, 2017. REUTERS/Naif Rahma The United Nations appealed on Wednesday for $2.1 billion to provide food and other life-saving as... More »
Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U.S. crude inventories and a slump in Chinese demand... More »
FILE PHOTO: A U.S. flag flutters in the wind above a Volkswagen dealership in Carlsbad, California, U.S. May 2, 2016. REUTERS/Mike Blake/File Photo Volkswagen Group of America on Tuesday announced a U.S. subsidiary that will manage $2 billion in investments in... More »
A new Fiat Chrysler Automobiles sign is pictured after being unveiled at Chrysler Group World Headquarters in Auburn Hills, Michigan May 6, 2014. REUTERS/Rebecca Cook Fiat Chrysler reiterated its diesel vehicles were fully compliant with applicable emissions r... More »
FILE PHOTO: An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2016. REUTERS/Kham/File Photo Oil was stable on Tuesday after falls the previous session, with markets torn between mixed price indicators that have kept crude r... More »
A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo. REUTERS/Stringer/Files Oil steadied near $57 barrel on Monday as OPEC supply cuts and rising tensions between the United States and Iran were count... More »
FILE PHOTO: Pipelines are seen at the industrial zone at the oil port of Ras Lanuf, Libya January 11, 2017. REUTERS/Esam Omran Al-Fetori/File Photo Swiss-based commodities giant Glencore has extended a deal with Libya’s state oil firm to be the sole marketer o... More »
Siemens logo is pictured on a CT scan in the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle German engineering group Siemens has run a successful test of power generation gas turbine bl... More »
A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver Oil prices extended declines on Monday, dragged down by signs of growing production in the United States that could partly offset output cuts by OPEC and other producers. More »
Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo The first independent audit of Saudi Aramco’s [IPO-ARMO.SE] oil reserves has confirmed the state oil company’s own figures, sou... More »
