Turkey is currently carrying out hydrocarbon exploration activities in the Eastern Mediterranean with two drilling vessels.
Read More »India`s Oil Demand to Double in Next Two Decades
The Indian government has been engaged in a major effort to introduce electric vehicles and use renewable energy for transport.
Read More »IEA Sees Calm Global Oil Market in 2020 as New Supplies Soar
In the short term. the market ought to pick up as global oil demand growth accelerates.
Read More »Putin Supports Cooperation with OPEC to Stabilize Oil Market
Russia will continue working together with OPEC to stabilize the oil market.
Read More »US Shale Output to Overtake Oil and Gas Production from Russia by 2025
Shale output from the United States stays higher for longer. reshaping global markets. trade flows and security.
Read More »U.S.-China Trade Deal would Help Lift Dark Cloud over Oil
A deal will almost remove that dark cloud that had engulfed the global economy.
Read More »Russia among Leading Suppliers of Crude Oil to China
Russia has become a leading supplier of crude oil to China - it supplied 67 million tonnes in 2018. which is worth more than $35 billion.
Read More »India will Invite Foreign Firms to Invest in State-Owned Oil Companies
International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
Read More »Saudi Aramco Stock could Price at Volatile Time for the Oil Market
Some traders expect the agreed cuts of 1.2 million barrels a day to be increased.
Read More »OPEC Foresees Its Market Share Shrinking in Coming years due to Shale Surges
OPEC and its partners are due to meet next month in Vienna.
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