Total Agrees to Buy LNG from Louisiana Facility
The France-based multinational has agreed to buy LNG from the proposed facility and increase its stake in the firm developing it.

Subsidiaries of Total S.A.



White House Talks Chevron Venezuela Waiver Renewal
The White House is discussing a renewal of Chevron Corp.'s license to operate in Venezuela despite sanctions on the country.

(Bloomberg) -- The White House is discussing a renewal of Chevron Corp.



Oil Up on Falling Stockpile Report, Iran Tension
Oil jumped the most in a week as an industry report showing a continued draw-down in U.S. crude inventories tightened a supply outlook that's being threatened by rising tension in the Middle East.



Oil Prices Surge on Fed and DOE Reports
The WTI and Brent benchmarks posted strong gains Wednesday.

The West Texas Intermediate (WTI) and Brent crude oil benchmarks posted strong gains Wednesday, bolstered by bullish indicators from U.S.



Murphy Oil Exits Malaysia
Murphy first announced its Malaysia exit plan in March.

Murphy Oil Corp. reported Wednesday that it has completed the sale of its Malaysia portfolio to a unit of PTT Exploration and Production Public Co.



Iran Vows to Retaliate Against Tanker Seizure
Iran's military vows to retaliate against the seizure by British Royal Marines of an oil tanker loaded with the Islamic Republic's crude off the coast of Gibraltar last week.



Oil Falls as Investors Focus on Growth Gloom
Oil fell for the first time in a week as concern about the slowing global economy took precedence over geopolitical tensions.

(Bloomberg) -- Oil fell for the first time in a week as concern about the slowing global economy took precedence over geopolitical tensions, while investors waited for clues on the Federal Reserve’s rate-cut path.



Oil Sands Firms May Ship by Rail for Production Limit Increase
Canada's oil sands producers are offering to commit to shipping a certain amount of their crude by rail in return for the Alberta government raising their oil rig flanges gulf coast production limits.



Oil Prices Edge Upward
WTI and Brent posted modest gains during Tuesday’s trading.

The West Texas Intermediate (WTI) and Brent crude oil benchmarks posted modest gains Tuesday.



Brent Short-Selling at 5-Month High
Hedge funds are growing more pessimistic about oil prices as sentiment on the global economy sours.

(Bloomberg) -- Hedge funds are growing more pessimistic about oil prices as sentiment on the global economy sours.

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