Nokia Oyj is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings. people familiar with the matter said.
Read More »A $30 Oil Price Is the Real Virus Threat to OPEC
It’s finally upon us. The week when ministers from the oil producing countries of OPEC and their allies meet to decide on the future of their latest round of output cuts.
Read More »CERAWeek Energy Forum Cancelled over Coronavirus Concerns
CERAWeek. organized by consultancy IHS Markit was scheduled to run from March 9 to 13 in Houston.
Read More »OPEC will Decide Monday if March 5-6 Meeting Is Still On
A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.
Read More »Iran Urges Europeans` Full Commitment to JCPOA
The Spokesperson of the Iranian foreign ministry Abbas Mousavi called for full commitment of Europeans to their JCPOA obligations.
Read More »Iran not to Count on US Offer of Coronavirus Aid
Iran with cooperation of all organizations including the Foreign Ministry is seriously dealing with the issue.
Read More »Saudis May Yet Get OPEC+ Deal from Recalcitrant Russia as Crisis Grows
Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.
Read More »Arctic Oil Drilling Plan Coming Soon
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge. Interior Secretary David Bernhardt said.
Read More »The Real Virus Threat to OPEC Is a $30 Oil Price
Oil traders will remain hard to convince that producers are doing enough.
Read More »World Bank Head Says Virus Expected to Weigh on First-Half Global Growth
World Bank President David Malpass said global economic growth in the first half of 2020 is likely to fall short of the 2.5% pace that the lender has forecast for the full year.
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