Energy ministers from the Group of 20 major economies called Tuesday for capital investments in innovative technologies and infrastructure to support energy security and bolster market stability as economies seek to recover from the novel coronavirus pandemic. “As we address the impact of the COVID-19 crisis, we recognize that energy …
Read More »Russia. Saudi Arabia Sign Key Oil Deal
Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.
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Saudi Arabia is a key pillar of India’s energy security. being a source of 17% or more of crude oil and 32% of LPG requirements of India.
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The UN summit is set to provide a sobering counterpoint to Friday’s global climate strikes.
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PwC suggests greater consumption of fossil fuels increased total emissions by 2% in 2018. marking the fastest rise in emissions in seven years.
Read More »Fresh US Tariffs on Chinese Goods Could Push Beijing to Buy Iranian Oil
The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.
Read More »Oil Prices Rise ahead of Expected US Interest Rate Cut
Economic growth in the US slowed less than expected in the second quarter.
Read More »Iran’s Oil Minister Warns Russia-Saudi Alliance could Kill OPEC
Tehran has no problem with reducing global crude production.
Read More »OPEC will Ink New Charter with Russia and Other Allies
The cuts had previously been agreed by Russia and OPEC kingpin Saudi Arabia at the G20 summit in Osaka last weekend.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
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