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Oil bulls are charging into the new year with unprecedented vigour.
Read More »Thanks to OPEC. 2017 was most Bullish Year
Putin’s Mr. OPEC Becomes an Oil Market Player
Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.
Read More »Eni`s giant Zohr gas field starts production
Egypt’s Eni SpA-operated Zohr natural gas field has started production. bringing the country closer to its goal of energy self-sufficiency.
Read More »The biggest voices in oil disagree on 2018 outlook
The two most critical forecasts of global oil markets offer contrasting visions for 2018: OPEC and IEA.
Read More »Nigeria takes $1 billion from oil savings to fight militants
Nigeria will take $1 billion from a special account for oil-revenue savings to boost its war against Boko Haram Islamist militants in the country’s northeast.
Read More »China Gas Giant Focuses on Homes amid Winter Crunch Criticism
Natural gas supplies to petrochemical industries will be ``severely`` reduced.
Read More »Troubled GE Slashes 12.000 Energy Jobs
GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.
Read More »World`s Largest Oil Consumer Needs a Lot Less Oil. Thanks to Its Own Output
U.S. net oil imports. including crude and refined products. last week dropped to just 1.77 MMbpd.
Read More »Putin Is Calling The Shots in Global Oil
Russia is the producer everyone is watching ahead of the OPEC meeting.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
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