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'Hanging by its fingernails': U.S. biodiesel industry struggles without subsidy

When John Whittington shut his Morristown, Indiana, biodiesel plant this week, he knew the move would leave all 14 of his workers there looking for jobs heading into the U.S. holiday season. But he felt he had no choice.

U.S. charges another ex-JPMorgan executive with alleged market manipulation

The Department of Justice has charged another former JPMorgan Chase & Co executive with alleged racketeering and manipulating precious metals prices between 2008 and 2016, the latest in a string of similar prosecutions.

Oil prices edge up on trade-talk optimism, OPEC meeting

Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil supplies.

Exclusive: Investors step up pressure on global energy watchdog over climate change

Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday to overhaul the organization's influential projections for fossil fuel demand from investors and scientists concerned about climate change.

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Factbox: Saudi Aramco - the oil colossus

Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion and $1.7 trillion, below the $2 trillion Saudi Crown Prince Mohammed bin Salman previously targeted.

Saudi Aramco will not market IPO in the United States: sources

Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said.

MSCI, S&P Dow Jones, FTSE Russell could fast-track Aramco into indices

MSCI, the world's biggest index provider, will follow in the footsteps of S&P Dow Jones and FTSE Russell, which told clients this week that they could fast-track Saudi Aramco's inclusion into their indexes as soon as December.

Papua New Guinea, Exxon to start talks on revising P'Nyang gas deal

Papua New Guinea is set to start talks with Exxon Mobil Corp to try to negotiate better terms from the P'Nyang Gas Project, Minister for Petroleum Kerenga Kua said on Friday, with an agreement expected by the end of the month if all goes well.

Marathon Galveston Bay Refinery in Texas idles crude unit for inspection: source

A crude distillation unit remained idle at Marathon Petroleum Corp's 585,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, on Friday for an inspection as part of a preventative maintenance program, a source familiar with plant operations said.

Motiva Port Arthur, Texas, refinery working to maintain gasoline unit production: sources

Motiva Enterprises is performing maintenance work to keep the gasoline-producing unit in operation at its 607,000-barrel-per-day (bpd) Port Arthur, Texas, refinery, said sources familiar with plant operations.

France to end tax breaks for palm oil in biofuel

France's parliament on Friday voted to remove tax breaks for the use of palm oil as a biofuel, a day after a ruling in favour of maintaining the advantage led to howls of protests from environmentalists.

Pembina Oregon Jordan Cove LNG export terminal passes environmental test

Canadian energy company Pembina Pipeline Corp's <PPL.TO> proposed Jordan Cove liquefied natural gas export plant in Oregon took a step toward receiving federal approval for construction on Friday after U.S. regulators issued a final environmental report.

U.S. to begin second round of trade aid payments for farmers next week

The U.S. Department of Agriculture said on Friday it will begin making a second round of 2019 trade aid payments to U.S. farmers next week.

Oil prices gain 2% despite concerns about rising supplies

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices.

Speculators raise U.S. crude oil net longs: CFTC

Money managers raised their net long U.S. crude futures and options positions in the week to Nov. 12, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday.

Cowboys owner Jerry Jones has a long-term game plan for Haynesville gas

At a time when companies in a U.S. natural gas field have been losing money and exiting Louisiana's Haynesville shale basin, Dallas Cowboys' owner Jerry Jones' Comstock Resources <CRK.N> is picking up cheap assets, betting on the field's proximity to the growing U.S. Gulf...

Iran gasoline rationing, price hikes draw street protests

Iran introduced gasoline rationing and price hikes of at least 50 percent on Friday, drawing sporadic protests and widespread worries over rising inflation despite official promises that the revenue would be used to help needy families.

U.S. prosecutors probe Giuliani's links to Ukrainian energy projects: WSJ

Federal prosecutors in New York are investigating U.S. President Donald Trump's personal attorney Rudy Giuliani's ties to Ukrainian energy projects and whether he violated federal lobbying laws, the Wall Street Journal reported on Friday, citing people familiar with the...

U.S. oil drillers cut rigs for fourth week in a row: Baker Hughes

U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row as producers plan to slash spending for a second consecutive year in 2020 while they struggle to extract profits from the shale boom.

Lebanon to trial gasoline tender amid supply, price concerns

Lebanon's energy ministry will trial a state tender for gasoline next month, caretaker energy minister Nada Boustani said on Friday, in an effort to stave off potential supply shortages brought on by the country's worsening economic conditions.

Millions of acres of Canadian canola freeze, compounding 'harvest from hell'

Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020.

Exclusive: Over half of India's coal-fired power plants set to miss emission norm deadline

More than half of India's coal-fired power plants ordered to retrofit equipment to curb air pollution are set to miss the deadline, private industry estimates and a Reuters analysis show, as millions in the country wake up to toxic air each day.

Next year to be 'decisive' for Colombia oil, industry says

Next year will be decisive for Colombia's oil and gas industry, as efforts to increase exploration and production move ahead in the midst of problems with community relations and security, industry experts said.

U.S. oil producers to slash spending for second straight year in 2020

U.S. energy producers plan to slash spending for a second straight year in 2020 as companies struggle to extract profits from the U.S. shale boom.