Big Oil

He says the fall in petrol prices was neither enough nor proportionate with declines in crude oil costs

The total value of resources that it may tap for fundraising could reach around US$50 billion, say sources

Record American exports are testing limits – and voters are sure to question why so much crude is going to other markets

Hundreds of chemical, synthetic fibre and textile producers across East Asia face near-immediate disruption to supplies

It dips to 880,000 to 920,000 barrels of oil equivalent per day (boed), from 920,000 to 980,000 boed

The project is central to the firm’s ambitions to boost its gas output to become a major global natural gas player

Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels

The action comes amid larger questions about the legality and rationale for the United States’ actions in the South American country

What role does the country’s oil play in global markets, and what is China’s role in its oil industry?

He describes an ambitious vision to use US financial resources and industry know-how to restore the South American nation’s oil sector