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Foreign oil companies scrambled for a slice of Venezuela's crude at an oil summit in Caracas this week despite years of sanctions, underinvestment and mismanagement that have crippled the once booming industry.Venezuela's government, which remains under control of the ruling Chavista movement -- named after late socialist firebrand Hugo Chavez -- blames years of tough US sanctions for crippling the industry.
Diesel has quietly become one of the most politically charged fuels on the planet, with talk of a possible US export ban colliding with $100+ Brent, war risk around the Strait of Hormuz and fresh hits to Russian refineries. That combination can reward some European refiners and fuel distributors and punish others. This article walks through 3 stocks from the screener that appear exposed to these headlines in a potentially positive way. The three stocks below are only a starting sample, as the...
Specialists from across the oil and gas industry have come together to establish a comprehensive, publicly available framework for assessing and managing upstream mineral scale risk, addressing longstanding inconsistencies in how scale threats are evaluated.
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