Whatever the outcome. after several years of stagnation since 2010. Kazakh crude output will rise in both mid- and long-term.
Read More »UK`s Oil Industry `Entering Final Decade of Production`
The UK urgently needs a bold energy transition plan. instead of trusting to dwindling fossil fuel reserves and possible fracking.
Read More »OPEC`s Rebalancing Strategy Shifts as US Oil Imports Drop
The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.
Read More »Sub-$50 Oil Could Kill Shale
There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.
Read More »China`s Oil Demand Is Growing at More Than Double Last Year`s Pace
China may indeed join the ranks of countries banning fossil fuel vehicles.
Read More »China`s Equipment Could Take Hit from Pyongyang Oil Ban
Experts see another reason for Beijing'.s objection to harsher sanctions.
Read More »OPEC’s No. 2 Faces Civil War Threat
Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.
Read More »IEA Sees Risk of Volatile Oil Prices on Weak Upstream Investment
There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.
Read More »Increase in South Korea’s Imports of Iran Oil by 40 Percent in August
South Korea. one of Iran'.s major Asian clients. mainly purchases an ultra-light oil. also known as condensate. from Iran.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
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