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Financing the energy industry continues to evolve with market growth and transformation, resource development and innovation.

Trading houses that emerged as early buyers of Venezuelan crude following an U.S. easing of oil sanctions in October are now supplying state company PDVSA with motor fuels and diluents for its heavy...

Trading houses that emerged as early buyers of Venezuelan crude following an U.S. easing of oil sanctions in October are now supplying state company PDVSA with motor fuels and diluents for its heavy oil production, according to documents and data. Ahead of a presidential election scheduled for late 2024, Venezuela has begun prioritizing fuel imports to avoid a new wave of the gasoline and diesel shortages that spurred protests in recent years, according to the documents and sources. Washington...

Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, the U.S. liquefied natural gas (LNG) developer said on Friday, weeks after auditors raised doubts about the company's ability to cover future expenses. Souki was pushed out of Cheniere Energy and co-founded Tellurian in 2016 with Martin Houston, who will replace him as chairman. Tellurian has changed its Driftwood strategy several times over the years, never attracting enough potential clients for the firs...

Financing the energy industry continues to evolve with market growth and transformation, resource development and innovation.

HOUSTON -Tellurian ousted its chairman and co-founder Charif Souki as an executive officer, the U.S. liquefied natural gas developer said on Friday, weeks after auditors raised doubts about the... -December 08, 2023 at 07:10 pm EST - MarketScreener

Oil prices were climbing early on Friday morning but bearish sentiment continues to dominate markets as WTI and Brent head for another weekly loss.

Global energy trader Gunvor Group has increased its provision for an expected fine from the U.S. Department of Justice to $650 million, while making just over $1 billion in the first nine months of...

The new team leader has worked for Cockett Group since January 2015.

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