Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.
Read More »The Outlook for Oil Demand Growth in 2019 Dims over Global Economy Worries
World oil demand will rise by 1.14 million barrels per day (bpd) this year.
Read More »Emotions Remain High in Alberta’s Oil and Gas Sector
It’s been two days now. since a large crowd gathered in the outdoor exhibit area of the Global Petroleum Show (GPS). at Calgary’s Stampede Park. to participate in a pro-pipeline. pro-oil rally
Read More »Onshore Wind Could Save Each Consumer £50 Annually. New Research Claims
Onshore wind projects could save consumers up to £50 per person annually. according to new independent research.
Read More »China’s Father of Electric Cars Says Hydrogen Is the Future
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry. cementing a move away from the combustion engine.
Read More »Goldman Sees Hard Path to OPEC Extension for Russia. Saudis
Stockpiles are currently at the highest level since mid-2017. according to Energy Information Administration data.
Read More »Global Petroleum Show to Address Critical Issues Facing Canadian. Global E&P industry
The 51st installment of the Global Petroleum Show (GPS). North America’s largest onshore-oriented oil-and-gas event. kicks off today in Calgary. amid a Canadian activity trough from which industry leaders hope to recover soon.
Read More »Natural Gas Price Plunge Signals Greener Start for 2019 in U.S. and EU
Tumbling natural gas prices have set the power generation industries in the U.S. and Europe off to a greener start this year.
Read More »US Ban on Iran’s Pet-Chem Exports Ineffective
CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
Read More »Iran’s Oil-Free Economic Conduct
The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.
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