Tag Archives: Bloomberg News Agency

OPEC must increase output cuts aimed at shrinking a global glut with little public announcement in order to jolt investors.

Poland’s ambitions go beyond reducing reliance on Russian energy.

The two African countries. together with resurgent U.S. shale plays. could raise oil production by 1.6 million barrels a day this year.

Deeper cuts could help prices. but the question remains: how many of the parties to the deal could afford deeper production cuts?

Russia plans to host a meeting of some ministers from the Organization of Petroleum Exporting Countries and several non-members in St. Petersburg on July 24.

Qatar and Russia have long been rivals in global gas markets.

Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.

Eni won two of its blocks in partnership with Citla Energy. an independent Mexico explorer. and one with Capricorn Energy. a unit of UK explorer Cairn Energy.

The Nord Stream 2 pipeline will have detrimental impacts on the European Union’s energy security.

As natural gas prices rebound from last year’s historic lows. output from the Marcellus shale basin in the U.S. East and the Permian reservoir in Texas is driving a rebound in America’s production of the fuel.