The Covid-19 virus will reduce China'.s first-quarter oil demand by just 160.000 barrels a day from last month'.s estimate.
Read More »Renewables will Provide Nearly Half of World Electricity by 2050
Hydroelectricity was the predominant global renewable electricity generation source in 2018.
Read More »US-China Trade War. Tensions in Persian Gulf Weaken Demand for Oil
The IEA said tensions in the Persian Gulf. where some oil tankers have been attacked. have heightened concerns.
Read More »OPEC Needs Russia to Cut Oil Output
The Saudis are working hard on the cut. But if Russia says no cut. then OPEC won'.t cut.
Read More »OPEC Secretary General: There is Sustainable Market Stability
The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.
Read More »Saudi Arabia will Supply Extra Oil Cargoes to India as Iran Sanctions Loom
India is Iran'.s top oil client after China.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
Read More »The Globalization of European Gas
IHS Markit expects European gas prices to be increasingly set by the global market.
Read More »Cyber Attacks on US’s Energy Sector ‘Scary’
In 2012. Saudi Aramco production was locked down during the disk-wiping Shamoon incursion.
Read More »German Cities to Ban Diesel Cars
The ruling applies to areas where air pollution exceeds legal limits.
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