Saudi Arabia sliced its oil prices by more than 30% and has set plans for a rise in production in April. Given the lack of consensus among OPEC+ countries and competition to have a better share in the world oil market, lower crude prices are going to stay for sometime. …
Read More »China Oil Spill Increase Environmental Disaster Fears
The extent of the spill and environmental hazard were still unclear.
Read More »‘World’s Energy Tsar’ Putin Leaves Global Prices on a Knife Edge
Vladimir Putin could send oil markets into a spin by pulling out of the planned extension to the current OPEC-led production cut.
Read More »Spanish Firm Given Permission for Massive Wind Farm in BRITISH Waters
East Anglia Three will be located 69 kilometres off the coast of Norfolk and it will supply energy to around one million homes.
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