Qatar Petroleum to invest $20 billion in US in major expansion
After Qatar quit OPEC, its state-owned oil firm is committing to invest $20 billion in the U.S., freeing it from potential legal risks. Source: CNBC RSS...
After Qatar quit OPEC, its state-owned oil firm is committing to invest $20 billion in the U.S., freeing it from potential legal risks. Source: CNBC RSS...
Kuwait has made several attempts to mediate between Qatar and its Gulf neighbors in attempts to quell the conflict, though so far to no avail. Source: CNBC RSS...
Located in Cameron County, the facility will use 46 turbines. Source: CNBC RSS...
Oil prices fell on Friday as investors cashed in gains of more than 2 percent made during the previous session on concerns demand may slump amid slowing economic growth, though there are still expectations for producer supply cuts to support prices. Source: CNBC RSS...
Jim Cramer tells investors not to wait around for a bounce in the oil and bank stocks when there are more profitable near-term plays. Source: CNBC RSS...
Andy Hall says oil prices have likely hit a bottom after plunging more than 30 percent over the last two months. Source: CNBC RSS...
S&P's expects aggregate crude production to grow -- something OPEC likely won't be thrilled about. Source: CNBC RSS...
The facility will sell power to Bloomberg LP, General Motors and Constellation. Source: CNBC RSS...
The U.S. might have been left out from the big summit between OPEC and non-OPEC producers in Vienna last week but the country's influence over global oil markets is only going to get stronger. Source: CNBC RSS...
U.S. West Texas Intermediate (WTI) crude futures were at $51.43 per barrel at 0230 GMT, up 0.57 percent from their last settlement. International Brent crude oil futures were 0.6 percent higher at $60.50 per barrel. Source: CNBC RSS...