Oil edged lower, backing off a two-month high, as technical indicators restrained a rally driven by tensions in the Middle East and the Atlantic hurricane season.
The DOE issued a call for proposals for the delivery of low-enriched uranium to the agency, under a $2.7 billion program to grow the domestic production of the nuclear fuel.
'The integration of Tecoil into TotalEnergies will allow us to accelerate the use of RRBOs in the production of our high-end lubricants to meet our customers' growing demand for increasingly high-performance, environmentally friendly…
Oil climbed to the highest in more than two months as traders took stock of mounting geopolitical risks in Europe and the Middle East as well as a hurricane in the Caribbean.
The assets represent both working and non-working interests in 620 oil and gas wells, with combined gross current production of approximately 357 barrels per day (bpd).
An official overseeing the sale of PDV Holding, the parent of Venezuela-owned Citgo Petroleum, asked for the court-ordered auction to be delayed until September.
By saying that regulatory agencies don't have leeway to interpret the meaning of ambiguous laws, the court made it tougher for the administration to defend regulations it issued in recent months.
'The effect of this legislation is to silence the energy industry and those that support it in an effort to clear the field of debate and to promote the voices of those most opposed to Canada's energy industry'.
The API, joined by farming and car dealership groups, filed a lawsuit seeking the cancellation of new fuel economy and efficiency standards by the U.S. road regulator.
U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.
NewMed Energy and its co-venturers in the Leviathan field offshore Israel received an initial permit from the Energy Ministry to raise its natural gas allotment for overseas markets.