OPEC's new blood seen healing wounds, boosting unity
OPEC is putting recent turbulence behind it, with Gabon officially joining the organization after a hiatus of more than 20 years.
Ineos director Tom Crotty on the group's petrochemical operations post-Brexit
Listen to Ineos director Tom Crotty discuss the state of the group's UK operations at present and going forwards in the aftermath of Brexit.
Mexico electricity market reforms attempt to reduce costs and develop new capacity
(Tue, 05 Jul 2016) Mexico is in the process of reforming much of its electricity industry. Earlier in 2016, Mexico opened up day-ahead and real-time trading in a new wholesale power market. Although wholesale prices briefly spiked for a handful of hours, average prices in most locations during the market's first six months of operation have ranged from 880 to 1,100 pesos per megawatthour (MWh), or about $48/MWh to $60/MWh.
Colombia’s peace deal could spur oil sector turnaround: Fuel for Thought
Is a peace dividend in the form of more investment–and ultimately more production and jobs–coming to Colombia’s beleaguered oil and gas sector?
Brexit just a bump in the bull run for base metals
The base metals complex seemed to register only a small bump from the UK's EU referendum, recovered quickly and is now higher than it was before the vote.
Brexit implications on the cost of UK polymer imports
The British pound’s sharp slide to 31-year lows versus the US dollar in the volatile aftermath of last month’s Brexit vote could potentially hike the UK’s polymer import costs by $100 million.
New Jersey Savors Reprieve From Gas-Tax Increase, but Halt in Roadwork Looms
A disagreement between Gov. Chris Christie and state lawmakers delayed a rise of 23 cents a gallon, forcing the state to plan a shutdown of nonessential road projects.
With No Deal on New Jersey Gas Tax, Christie Orders Shutdown of Road Projects
Gov. Chris Christie issued an executive order late Thursday declaring a state of emergency after negotiations to raise the state’s famously low gas tax stalled.
Met coal spot prices edge upwards on tight Aug supply
Spot metallurgical coal edged higher in the Asia Pacific region July 1 on stronger finished steel prices and perceived scarcity of August cargoes.
Nigeria inks $80 billion in Chinese oil deals
Nigeria has signed memoranda of understanding with Chinese investors to pump over $80 billion in oil and gas exploration and production projects.