China is pushing away from fossil fuels and setting extremely lofty goals for decreased carbon emissions in the very short term.
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »Oil Sinks Into Bear Market as U.S. Storage Jumps Most Since 1990
West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.
Read More »OPEC has Vested Interest in Continued Growth of US
This commitment to a balanced market and a sustainable stability remains our key objective.
Read More »Tillerson Supports U.S. Trade Goals. not Tactics
Tillerson supports the president’s trade objectives but may not support the tactical moves.
Read More »Qatar Fights for LNG Dominance
Qatar is taking steps to proactively develop its solar power generation.
Read More »US Crackdown on Huawei to Harm over 1.200 American Firms
The decision of the United States to ban American companies from using Huawei networking equipment could directly impact more than 1.200 enterprises. Huawei'.s Chief Legal Officer Song Liuping said.
Read More »Iran to Attend at Iraq`s Communication and Media Expo
The Iranian government on Saturday called all high-tech. fintech and other knowledge-based companies to take part at Iraq’s Communication. Electronic and Media Expo to be slated in June.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »Falling Europe’s Share in Global Natural Gas Output
Europe is the only region with the decreasing outlook for natural gas production among all regions.
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