Chevron Beats Profit Estimates as It Commits to Venezuela

Chevron Corporation (NYSE: CVX) reported on Friday consensus-beating earnings for the fourth quarter as it pledged to boost presence in Venezuela, where it is currently the only U.S. company authorized…

Britain’s Octopus Energy Takes a Big Bet on China’s Clean Power Markets

The UK’s largest energy supplier, Octopus Energy, is entering the Chinese market with a joint venture to trade renewable power in the world’s top clean energy market. Octopus Energy announced…

Venezuela Rewrites Its Oil Law to Attract Foreign Investment

Venezuelan legislators have voted for an updated oil industry law that the country’s leadership hopes will bring in much-needed foreign investment to reverse a decline resulting from mismanagement and U.S.…

China’s LNG Imports Rise for a Third Straight Month

The recovery in China’s imports of liquefied natural gas is expected to extend for another month in January, Kpler has reported, for a total of three consecutive months of higher…

Odds-On for USA to Strike Iran Before June

Prediction markets now put the probability of the U.S. striking Iran before June this year at 71 percent. That’s what Erik Meyersson, Chief EM Strategist at Skandinaviska Enskilda Banken AB (SEB),…