There is a great need for oil and gas nations to diversify their economy.
Read More »Oil Supply Glut or Market Tightening Set to Return?
Producers have already done a lot to ensure the market is well supplied.
Read More »Big Oil Exporters must Diversify Economies
The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.
Read More »IEA not Worried about Saudi Oil Supply Cuts over Journalist`s death
There’s a strong challenge for the key producers to increase production and comfort the markets.
Read More »Oil Rises on Looming Iran Sanctions
OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.
Read More »Clean Energy Installations could Provide 1TW more Power by 2023
Renewable growth will be largely driven by China. which is predicted to be responsible for 41% of expansion.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »IEA Urges OPEC to Boost Output
Birol has welcomed efforts by top OPEC producer Saudi Arabia to increase output.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Bioenergy Leads Growth in Renewable Energy Consumption to 2023
Modern bioenergy is the overlooked giant of the renewable energy field.
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