News

CNBC Energy

Cramer Remix: GE’s CEO is dismantling the company’s corporate culture
Jim Cramer’s revealing how a change could do General Electric good.

Cramer Remix: GE’s CEO is dismantling the company’s corporate culture
Jim Cramer’s revealing how a change could do General Electric good.

Home battery makers get a boost after Hurricane Maria
Makers of home batteries have ramped up manufacturing in response to the humanitarian disaster, says Sunnova CEO.

PDVSA blocked from using NuStar terminal over unpaid bills
Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy oil storage terminal in the Caribbean over millions in unpaid bills.

EPA abandons changes to biofuel program, dealing a blow to oil refiners and boosting corn states
The move marks a big win for the biofuels industry and lawmakers from corn-states like Iowa, Nebraska and Illinois

WorldOil

BSEE lends expertise in Louisiana oil platform fire investigation
An engineer, an inspector and an investigator in New Orleans with the Bureau of Safety and Environmental Enforcement are lending their expertise to the Jefferson Parrish authorities to assist with the investigation of the recent oil and gas platform explosion and fire in state waters.

Petrobras contracts FPSO for Sepia field, in the Santos basin
Petrobras informs that on Oct. 13, 2017 it signed a contract with Modec Group to charter a FPSO platform to be used at the Sepia field development project, derived from the Transfer of Rights Agreement, located in the pre-salt of the Santos basin.

WoodMac: What's behind the boost in Libya's oil production?
Libya's oil production has increased steeply from August 2016’s low point of below 300,000 bpd to around 850,000 bpd at present, passing the 1-MMbpd barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.