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Aramco starts early preparations for an overseas listing
Saudi Aramco is starting early preparations for an international listing, just months after the oil giant turned its record initial public offering into a domestic affair and sidelined global banks, people with knowledge of the...
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Chesapeake tumbles toward oblivion with investors losing faith
Chesapeake Energy Corp.’s options for dealing with its towering debt load are shriveling as the natural gas driller seeks to auction off shale fields it needs to stay afloat. Source: FuelFix
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Crude inventory rise offset by falling refined products stockpiles
Commercial crude inventories rose modestly last week, but the gains were more than offset by declines in the stockpiles of other petroleum products. Source: FuelFix
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Trump to pare biofuel waivers for refineries on court ruling
(Bloomberg) — The Trump administration has decided to pare the number of waivers from biofuel mandates that it issues oil refineries, according to two people familiar with the matter. The decision in response to a...
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BP pulls out of trade groups over climate change
British oil giant BP is pulling out of three trade groups representing oil and gas companies over a disagreements on climate change. The company said in a report released Wednesday it had reviewed the climate...
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