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...in trading Russian oil....
...Barrack also warned that, depending on what the cartel does, the oil market could experience “extraordinary” volatility....
...“In a way it’s an arms race,” Russell Hardy, chief executive of Vitol, the world’s biggest oil trader, told the FT Commodities Global Summit in Lausanne this month....
...The Canadian energy company that tried and failed to build the controversial Keystone XL pipeline is spinning off its oil transportation business to focus on shipping natural gas....
...On taking office he implemented a suite of policies that enraged the industry — from temporarily suspending new leasing for fossil fuel development on public lands to scuppering the Keystone XL pipeline....
...The oil and gas industry has begun taking steps to tackle methane emissions, as the US and other nations move to implement financial and other penalties....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...An oil analyst at a US commodities trading house has been dismissed after a video that circulated on social media showed him in a tense exchange with an onlooker as he covered up what appeared to be posters...
...A recent 500,000-gallon spill of crude oil from TC Energy’s Keystone pipeline in Kansas cost about $480mn to clean up....
...Water is used in most forms of fuel and power generation, for example, to pump for oil and gas or to produce steam in thermal power stations....
...And the big oil majors (Exxon, Conoco, Chevron) don’t look very cheap relative to the profit and revenue growth the street expects right now....
...It’s being tested at Vail, Beaver Creek, Breckenridge and Keystone resorts this winter, with a full launch planned for next year....
...It was founded in the 1970s by Jan Nasmyth, a former Treasury official and British Army officer, as a weekly newsletter called Europe-Oil Prices covering European petroleum products....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...He said the South American country had benefited from the easing of US sanctions on its oil industry in October and the entry of US companies such as Chevron....
...TC Energy, the pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said last month it was spinning off its oil transportation business to focus on shipping gas...
...Bankers brace for a Big Oil fee bonanza After a moribund few years for M&A, two megadeals are fuelling dealmakers’ hopes for a fee windfall, as more big oil producers consolidate in a rush to produce the...
...in the sector, for example in analysing claims, but the negotiation of specialist commercial insurance contracts — where underwriters provide policies covering against everything from cyber attacks to oil...
...Two UK-listed Kurdish oil producers, Genel Energy and Gulf Keystone Petroleum are stuck in limbo as a result, given that they don’t have enough storage to keep wells pumping without that export capability...
...TC Energy, the Canadian pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said in July it was spinning off its oil transportation business to concentrate on...
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...TC Energy said last month it would spin off its oil pipeline business two years after its plan to build the Keystone XL pipeline to carry crude south from Canada’s Alberta province was halted when US President...
...All the Goldmanites need to do is “keep the oil tanker cruising”....
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