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Venezuela's Oil Company Says 'Financial Blockade' Hurts Payments

A US-led 'financial blockade' has hurt PDVSA's capacity to collect payment for crude cargoes
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Dutch Oil Storage Firm Vopak Sees 2017 Profit Down On Lower Occupancy

Vopak says its core profit in 2017 would be lower than last year.
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Some Gas With That Sandwich? Convenience Dominates Fuel Market

Now the two models are coming together, combining the strength of fuel brand recognition with new consumer preferences for a broader buying experience.
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Norway's Record July Gas Sales Could Lift Statoil Earnings

Norwegian gas sales hit a record July high, which analysts said would deliver strong quarterly earnings for top producer Statoil.
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Oil Jumps 3% As Dollar Falls, US Rig Count Drops

Oil prices rose sharply, as the dollar fell and US drillers cut rigs.
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TANEKO Head: Tatneft To Double TANEKO's Refining Capacity In 2017

Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 million tonnes this year, TANEKO says.
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Fracking Jobs Prove Elusive for Coal Miners Looking to Switch

Dennis is learning a hard lesson of fracking: While it has created a bonanza of jobs, displaced coal miners and their communities are sometimes left out of the boom.
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Vietnam Crude Oil Imports To Hit Record As Refinery Gets Ready To Start

Vietnam's crude oil imports will soar to record highs in August as the country ramps up fuel refining at a time when local crude output is dwindling.
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Baker Hughes: US Drillers Cut Oil Rigs For Second Week In Three

US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.
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Report: Petrobras, Brazil Dispute Transfer Of Rights Worth $30B

Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
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Mexican Government Raises Pemex Deductions To Continue Oil Output

Mexico's finance ministry says Pemex will be allowed to deduct more costs for developing some projects so the firm can maintain production.
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Brazil Extends Customs Perks For Oil Industry Through 2040

Brazil extended through 2040 a preferential customs regime for the oil and gas industry called Repetro.
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Local Media: Local Firm Wins Shale Gas Block Auction In China's Guizhou

A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province.
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What Kind of Salary Can You Get as an Electrical Engineer in the US?

Rigzone explores potential salaries of electrical engineers in the United States.
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Libya Gets Better at Keeping Oil Flowing as Industry Stabilizes

Libya's getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to becoming a stable producer again.
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Governor Urges Trump To Drop Virginia From Offshore Drilling Plan

Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan.
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Why Would Oil Demand Peak, Contrary to Peak Oil Supply?

People find it hard to believe that there is another side of the 'Peak Oil Supply' theory, which is 'Peak Oil Demand'.
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Glencore, Chevron Enter Mexico's Recently Opened Fuel Market

Chevron and trading firm Glencore announced separate plans to enter Mexico's fuel market.
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Oil Closes Near $47 as Traders Assess US Stockpiles, Output

Oil in New York closed near $47 a barrel, a new 'battle line' for bullish and bearish traders.
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Blackstone Adds $10 Billion in Energy Assets With Harvest Deal

Blackstone Group LP will add $10 billion in assets by buying energy investor Harvest Fund Advisors.
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