Iraq exported 3.521 million bpd of crude oil in June.
Read More »US Solar Benefiting From Slump in Global PV Panel
China surprised everyone in June by announcing that it would not issue approvals for any new solar power installations this year.
Read More »Pertamina Invites SOCAR for Partnership in Refinery Upgrade
Indonesia'.s estimated oil reserve is over 60 billion barrels.
Read More »China will Exceed 210 Gigawatt Wind Power Target By 2020
China will surpass its national cumulative wind power target of 210 GW which was set as part of the country’s Thirteenth Five-Year Plan for Wind Power.
Read More »Former IAEA Chief Criticize Trump`s Policy Towards Iran
The hostile actions of the United States against Iran nullified any possibility of talks between Iran and that country.
Read More »Kuwait is Borrowing $1.1 bn for Shale Push
Kuwait has long planned to increase its global capacity to produce oil and gas.
Read More »Japan and Russia plan LNG hub in Far East
Transfer terminal to lower shipping costs from Siberian production sites.
Read More »India Loaded 12 Percent Less Iranian Oil in June than in May on Sanctions Fear
Iran is now offering to insure oil cargoes to India after some insurers stopped providing the service in the face of the impending sanctions.
Read More »High Oil and Gas Prices Sends U.S. GDP Soaring
Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.
Read More »Oil Prices Drop on Oversupply Concerns as OPEC Output Increased in July
OPEC hiked production by 70.000 barrels per day (bpd) to 32.64 million bpd. the most this year.
Read More »