Downside risks include a slowdown in global economy which would dent global crude demand.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Saudi Arabia will Remain World`s Largest Oil Exporter
The Kingdom’s crude oil exports rose to 8.235 million barrels per day (mbd) in November from 7.7 mbd in October.
Read More »Turkey could Export Renewables to Its Region
Middle East. Caucasian and Africa are potential export markets for Turkey'.s renewables sector.
Read More »U.S. Oil Production to be Equal to Russia Plus Saudi Arabia by 2025
Total oil production in the United States will be nearly equal to that of Russia and Saudi Arabia combined by 2025.
Read More »Global Coal Demand to Rise until 2023
Just 18 large-scale carbon capture and storage plants are in operation around the world.
Read More »Oil Producers Not To Cut Output
Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses.
Read More »Venezuela Ready to Share Economic Data with IMF
Venezuela’s crude production could soon sink to below 1 million bpd.
Read More »IEA Welcomes Return of Oil Surplus after OPEC Output Surge
The IEA reduced its forecast for growth in emerging-market demand next year.
Read More »Wind. EU`s Largest Power Source by 2027
Clean energy sources could also account for more than 40% of total generation in the global power mix by this date.
Read More »